NOT LISTED FOR SALE

205 E Bennette St Ferndale, MI 48220

Estimated Value: $207,000 - $247,000

2 Beds
2 Baths
1,229 Sq Ft
$184/Sq Ft Est. Value

Last Sold December 01, 2017

Last sale price $115,500 $94 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,499/month

29 Days on Market

Highlights

  • Covered Patio or Porch
  • Garage
  • High Speed Internet
  • Hot Water Heating System

About This Home

As of December 2017

EXCELLENT INVESTMENT OPPORTUNITY IN FERNDALE. PRIME LOCATION AT 8 MILE AND WOODWARD. MULTI FAMILY UNIT, TENANTS PAY ALL UTILITIES. 2 UNITS WITH SIDE ENTRY FOR SECOND UNIT. RENOVATED IN 2009, LONG TERM TENANT IN LOWER UNIT, HARDWOOD FLOORS THROUGHOUT. BRICK GARAGE. NEW HOT WATER HEATER, NEW WASHER & DRYER, DETACHED GARAGE. DON'T MISS OUT ON THIS FANTASTIC OPPORTUNITY, THIS IS A MUST SEE! SUBJECT TO TENANTS RIGHTS. PLEASE DO NOT DISTURB THE TENANTS.

Last Agent to Sell the Property

Eric Jurmo

KW Platinum License #6501347983 Listed on: 09/19/2017

KW Platinum

Last Buyer's Agent

Eric Jurmo

KW Platinum License #6501347983 Listed on: 09/19/2017

KW Platinum

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30x100

Parking

  • Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,229 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units
  • Brucefields Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2534478025
  • $1,000 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,052

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common, Unfinished
  • Total Sq Ft: 1229

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick, Vinyl
  • Foundation Materials: Block
  • Porch Type: Porch, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: Garages

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 1642857.1429
  • Lot Size Area: 0.07
  • Lot Dimensions: 30X100
  • Parcel Number: 2534478025
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1410

Tax Info

  • Tax Amount Summer: 1978.0000
  • Tax Amount Winter: 74.0000
  • Total Tax: 2052.0000

Multi Family

  • Gross Scheduled Income: 16920.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2018
Sold by
Sarna Shavi
Bought by
Sarna Asheev
Current Estimated Value
$226,389

Purchase Details

Listed on
Sep 19, 2017
Closed on
Nov 30, 2017
Sold by
Lurox Vegas Llc
Bought by
Sarna Shavi
Seller's Agent
Eric Jurmo
KW Platinum
Buyer's Agent
Eric Jurmo
KW Platinum
List Price
$115,000
Sold Price
$115,500
Premium/Discount to List
$500
0.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
Original Mortgage
$86,625
Outstanding Balance
$72,416
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$153,973

Purchase Details

Closed on
Apr 28, 2016
Sold by
Rosh Adam and Mcguire Danielle
Bought by
Lurox Vegas Llc

Purchase Details

Closed on
Nov 4, 2008
Sold by
Howell Ii Dan C
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Apr 18, 2003
Sold by
Coburn Robert E
Bought by
Howell Ii Dan C

Purchase Details

Closed on
Aug 26, 1997
Sold by
Lance Evelyn
Bought by
Coburn Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,400
Interest Rate
7.54%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sarna Asheev -- None Available
Sarna Shavi $115,500 Cislo Title Co
Lurox Vegas Llc -- None Available
Federal Home Loan Mortgage Corp $75,698 None Available
Howell Ii Dan C $91,000 Title One Inc
Coburn Robert E $35,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarna Shavi $86,625
Previous Owner Coburn Robert E $28,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2017 12/01/17 Sold $115,500 +0.4% $94 / Sq Ft
10/18/2017 10/18/17 Pending -- -- --
09/19/2017 09/19/17 For Sale $115,000 -- $94 / 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
2025 $3,780 $87,670 $0 $0
2024 $3,641 $86,650 $0 $0
2023 $3,787 $77,880 $0 $0
2022 $5,707 $69,770 $0 $0
2021 $4,945 $63,620 $0 $0
2020 $4,283 $59,080 $0 $0
2019 $4,313 $55,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Jurmo

    Seller's Agent in 2017

    Eric Jurmo

    KW Platinum

    (586) 524-1829

    5 in this area

    302 Total Sales

    Eric Jurmo
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Map

Source: Realcomp

MLS Number: 217084668

Realcomp

APN: 25-34-478-025

Michigan Oakland County Ferndale 48220

205 E Bennette St, Ferndale, MI

Not Listed for Sale

MultiFamily

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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