NOT LISTED FOR SALE

2040 Farrow St Ferndale, MI 48220

Estimated Value: $251,000 - $378,000

3 Beds
2.5 Baths
1,280 Sq Ft
$244/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $303,000 $237 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,082/month

1 Day on Market

Highlights

  • Deck
  • Stainless Steel Appliances
  • Bungalow
  • No HOA
  • 2 Car Detached Garage
  • 3-minute walk to Martin Road Park

About This Home

As of June 2021

HIGHEST AND BEST BY SATURDAY AT 7PM. No stone left unturned with this one! Local high-end builder remodeled this with quality and perfection. Charming covered front and back porches with airy 1920's windows to keep the character and originality of the home. Back porch leads to freshly painted deck in private, fenced in backyard. Completely remodeled from top to bottom boasting a beautiful, functional open floor plan. Gorgeous high ceilings. Quartz counters in kitchen and master bath, marble counters in second floor bath and powder room, stainless steel brand new GE appliances, hardwood floors throughout, all quality materials with on-trend design. Quickset hardware with microband technology. Cedar closet in upstairs bedroom. Updated electrical through the home. New roof in 2019. Newer glass block windows. Exterior freshly painted. Minutes from Woodward, I-75 and 696. Close to local playgrounds and parks. Upstairs second bedroom would be a great office or playroom. Don’t miss this one!

Last Agent to Sell the Property

Kristine Ferrell

Brookstone, Realtors LLC License #6501380426 Listed on: 06/04/2021

Brookstone, Realtors LLC

Last Buyer's Agent

Malteze Smith

Anthony Djon Luxury Real Estate License #6501433386

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1924 | Remodeled in 2021

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00x111.00
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • 1,280 Sq Ft Home
  • 1.5-Story Property
  • ENERGY STAR Qualified Doors
  • Natural lighting in basement

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Microwave
  • ENERGY STAR Qualified Freezer
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Purifier is Owned

Additional Features

  • Deck
  • Ground Level

Community Details

  • No Home Owners Association
  • Fordmount Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2526376009
  • $1,200 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,086

Year Built

Built in 1924 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1924
  • State Equalized Value: 54850.0000
  • Year Renovated: 2021
  • Entry Location: Ground Level w/Steps
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Humidifier, ENERGY STAR® Qualified Door(s)
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight
  • Kitchen Appliances: ENERGY STAR® qualified freezer, Water Purifier Owned, Disposal, Dryer, ENERGY STAR® qualified dishwasher, ENERGY STAR® qualified refrigerator, Free-Standing Gas Oven, Free-Standing Gas Range, Microwave, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 1280
  • Total Sq Ft: 1280
  • Sq Ft Total Bsmt: 745

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Stone, Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Deck
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Hazel Park

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00X111.00
  • Parcel Number: 2526376009

Tax Info

  • Tax Amount Summer: 2030.0000
  • Tax Amount Winter: 56.0000
  • Total Tax: 2086.0000
  • Taxable Value: 30060.0000

MLS Schools

  • School District: Hazel Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jun 29, 2021
Sold by
Randall Joseph and Mecum Kenneth
Bought by
Celestin Fabien
Seller's Agent
Kristine Ferrell
Brookstone, Realtors LLC
Buyer's Agent
Malteze Smith
Anthony Djon Luxury Real Estate
List Price
$299,900
Sold Price
$303,000
Premium/Discount to List
$3,100
1.03%
Current Estimated Value
$312,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,370
Avg. Annual Appreciation
0.71%
Original Mortgage
$258,000
Outstanding Balance
$234,022
Interest Rate
3.02%
Estimated Equity
$78,348

Purchase Details

Listed on
Nov 5, 2020
Closed on
Dec 7, 2020
Sold by
Norton Rebekah L
Bought by
Mecum Kenneth and Randall Joseph
Seller's Agent
Jeffrey Hurst
National Realty Centers, Inc
Buyer's Agent
Kristine Ferrell
Brookstone, Realtors LLC
List Price
$149,900
Sold Price
$155,000
Premium/Discount to List
$5,100
3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
231.01%

Purchase Details

Closed on
May 13, 2011
Sold by
Bac Home Loans Servicing L P
Bought by
Fannie Mae

Purchase Details

Closed on
Jan 25, 2011
Sold by
Benedetto Tamara N and Benedetto Christopher J
Bought by
Bac Home Loans Servicing L P

Purchase Details

Closed on
Nov 9, 1995
Sold by
Eisenberg Jeffrey L
Bought by
Ivanov Tamara N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,963
Interest Rate
7.65%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Celestin Fabien $303,000 None Available
Mecum Kenneth $155,000 Bankers Title Setmnt Svcs
Fannie Mae -- None Available
Bac Home Loans Servicing L P $97,981 None Available
Ivanov Tamara N $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Celestin Fabien $258,000
Previous Owner Ivanov Tamara N $61,963
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2021 06/29/21 Sold $303,000 +1.0% $237 / Sq Ft
06/06/2021 06/06/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $299,900 +93.5% $234 / Sq Ft
12/07/2020 12/07/20 Sold $155,000 +3.4% $144 / Sq Ft View Prior Sale
11/08/2020 11/08/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $149,900 -- $139 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,102 $100,410 $0 $0
2023 $5,402 $90,600 $0 $0
2022 $5,389 $84,240 $0 $0
2021 $5,436 $61,580 $0 $0
2020 $2,030 $54,850 $0 $0
2019 $2,051 $47,380 $0 $0
2018 $2,020 $43,100 $0 $0
2017 $1,992 $42,010 $0 $0
2016 $1,964 $37,960 $0 $0
2015 -- $32,940 $0 $0
2014 -- $28,550 $0 $0
2011 -- $32,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210042018

Realcomp

APN: 25-26-376-009