NOT LISTED FOR SALE

207 W Chesterfield St Ferndale, MI 48220

Estimated Value: $260,000 - $314,108

4 Beds
2 Baths
1,712 Sq Ft
$170/Sq Ft Est. Value

Last Sold October 03, 2017

Last sale price $168,000 $98 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,133/month

1 Day on Market

Highlights

  • Balcony
  • Forced Air Heating System
  • Laundry Facilities
  • Porch
  • 2 Car Garage
  • High Speed Internet

About This Home

As of October 2017

Spectacular investment opportunity!
You get 2- 2-bedroom units one upper and one lower.
Lower unit is rented out at $610.00 monthly 2 car garage is rented for $95.00 a month
Upstairs unit is totally remodeled ready to go. Potential rent $900- $1100 /month /unit based on simuilar units in the area annual totals based on area rents 21,600 to 24,000 plus garage.
Each unit has its own new electrical service. Separate furnace and separate water heater. Washer + dryer, stove, refrigerator, separate entrances and balcony’s.
Great location close to expressways, shopping and restaurants
Upper unit is available for showings *Only* serious buyers will be scheduled with the tenant in the lower unit when needed. Please don’t disturb the tenant.

Tenants are currently on a month to month lease.

Last Agent to Sell the Property

Teresa Beaumont

EXP Realty Main License #6501356361 Listed on: 08/11/2017

EXP Realty Main

Last Buyer's Agent

David Yankovich

Adams Realty Services License #6501351427

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1926 | Remodeled in 2017

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35x113

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,712 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Balcony
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2534454037

Community Details

Overview

  • 2 Units
  • Adolph Sloman's Woodward Blvd Sub Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,094

Year Built

Built in 1926 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1926
  • Year Renovated: 2017
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1712
  • Total Sq Ft: 1712
  • Sq Ft Total Bsmt: 856

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 35
  • Porch Type: Balcony, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages
  • Total Parking Spaces: 2

Utilities

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

Schools

  • School District: Ferndale

Lot Info

  • List Price per Acre: 2110000.0000
  • Lot Size Area: 0.09
  • Lot Dimensions: 35X113
  • Parcel Number: 2534454037
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 705

Tax Info

  • Tax Amount Summer: 2977.0000
  • Tax Amount Winter: 117.0000
  • Total Tax: 3094.0000

Multi Family

  • Gross Scheduled Income: 8460.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2017
Closed on
Oct 3, 2017
Sold by
Myziuk Nicholas and Myziuk Nicholas K
Bought by
Petro Nathan and Petro Barbara
Seller's Agent
Teresa Beaumont
EXP Realty Main
Buyer's Agent
David Yankovich
Adams Realty Services
List Price
$189,900
Sold Price
$168,000
Premium/Discount to List
-$21,900
-11.53%
Current Estimated Value
$290,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,277
Avg. Annual Appreciation
6.83%

Purchase Details

Closed on
Aug 30, 1995
Sold by
Dicicco Frank A
Bought by
Myziuk Nicholas K and Myziuk Karol W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,150
Interest Rate
7.76%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Petro Nathan $168,000 Title Express Llc
Myziuk Nicholas K $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Myziuk Nicholas K $69,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2017 10/03/17 Sold $168,000 -11.5% $98 / Sq Ft
08/12/2017 08/12/17 Pending -- -- --
08/11/2017 08/11/17 For Sale $189,900 -- $111 / 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 $6,519 $128,020 $0 $0
2023 $6,296 $114,940 $0 $0
2022 $6,240 $104,400 $0 $0
2021 $6,219 $97,570 $0 $0
2020 $5,954 $95,970 $0 $0
2019 $5,998 $88,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Teresa Beaumont

    Seller's Agent in 2017

    Teresa Beaumont

    EXP Realty Main

    (248) 884-3143

    5 in this area

    216 Total Sales

    Section Image
  • David Yankovich

    Buyer's Agent in 2017

    David Yankovich

    Adams Realty Services

    (248) 996-7631

    1 in this area

    50 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 217070944

Realcomp

APN: 25-34-454-037

Michigan Oakland County Ferndale 48220

207 W Chesterfield St, Ferndale, MI

This home is located at 207 W Chesterfield St, Ferndale, MI 48220 since 11 August 2017 and is currently estimated at $290,277, approximately $169 per square foot. This property was built in 1926. 207 W Chesterfield St is a home located in Oakland County with nearby schools including Ferndale Lower Elementary Campus, Ferndale Upper Elementary Campus, and Ferndale Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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