NOT LISTED FOR SALE

211 E Nine Mile Unit 311 Ferndale, MI 48220

Estimated Value: $496,000 - $521,375

2 Beds
2 Baths
1,555 Sq Ft
$336/mo HOA Fee

Last Sold May 30, 2018

Last sale price $364,000 $234 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,907/month

15 Days on Market

Highlights

  • Wood Flooring
  • Walk-In Closet
  • 1 Car Garage
  • Terrace
  • Forced Air Heating and Cooling System

About This Home

As of May 2018

Here's a chance to live a luxurious penthouse lifestyle inside the most predominant building in downtown Ferndale, Lofts On The Nine! Industrial, modern, rustic. It has all the elements of todays trends. Entry level custom wood flooring throughout. Entry level large bedroom with double closets and a rustic style rail system door. Living room consists of sky scraper-like windows with a large door wall that leads out to a terrace consisting of trex decking, and glass panel railing. Industrial/exposed ceilings. Kitchen consists of high end appliances, dark attractive cabinetry, marble countertops, and a multi-function spring coil pull-down kitchen faucet. Tastefully designed entry level full bath. Upstairs you have the master bedroom with an amazing walk in closet, full leading-edge bathroom with double sink/vanity, and second floor laundry room for convenience. Additional storage throughout! Park in the tightly secured garage within the building. Rooftop access available!

Last Agent to Sell the Property

Yvette Wright

Select RE Prof - James Ray & Associates License #MISPE-6501366018 Listed on: 04/02/2018

Select RE Prof - James Ray & Associates

Last Buyer's Agent

Alexander Chapman

Signature Sotheby's International Realty Bham License #RCO-6501373207

Signature Sotheby's International Realty Bham

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,248

Year Built

  • Built in 2008

Lot Details

  • 1,481

HOA Fees

  • $336 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,555 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Terrace

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • The Nine Condo Occpn 1914 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25-27-459-022

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,248

Year Built

Built in 2008

Lot Details

0

HOA Fees

$336 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Condominium
  • Architecture Style: Loft
  • Structure Style: 2 Story
  • Year Built: 2008
  • Mail City: Ferndale
  • Unit Number Building Number: 311
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Hardwood Floors, Walk-In Closet
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2
  • Bedroom 1: On Upper Floor, Dimensions: 18 x 18
  • Bedroom 2: On Entry Level, Dimensions: 10 x 14
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Kitchen: On Entry Level, Dimensions: 18 x 10
  • Laundry: On Upper Floor, Dimensions: 8 x 4
  • Living Room: On Entry Level, Dimensions: 18 x 16
  • Above Grade Finished Sq Ft: 1555

Exterior Features

  • Exterior: Brick
  • Exterior Features: Street Lights, Terrace
  • Foundation: Slab

Garage/Parking

  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Condo/Co-op/Association

  • HOA Fees: 336
  • HOA Fee Frequency: Monthly
  • Community Features: Pets-Allowed
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 25-27-459-022
  • Geo Subdivision: MI

MLS Schools

  • School District: Ferndale City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2020
Sold by
David Gary
Bought by
Gross Stephen
Current Estimated Value
$514,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 2, 2018
Closed on
May 30, 2018
Sold by
Garza Roberta
Bought by
David Gary
Seller's Agent
Yvette Wright
Select RE Prof - James Ray & Associates
Buyer's Agent
Alexander Chapman
Signature Sotheby's International Realty Bham
List Price
$365,000
Sold Price
$364,000
Premium/Discount to List
-$1,000
-0.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%
Original Mortgage
$289,600
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2017
Sold by
Land Jennifer L
Bought by
Garza Roberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,600
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 12, 2016
Closed on
Feb 3, 2017
Sold by
Lofts On The Nine Llc
Bought by
Land Jennifer L
Seller's Agent
Michelle Landry
KW Domain
Buyer's Agent
Kevin Hill
Max Broock, REALTORS®-Detroit
List Price
$339,000
Sold Price
$329,000
Premium/Discount to List
-$10,000
-2.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$296,100
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gross Stephen $360,000 Interstate Title Inc
David Gary $364,000 Sterling Title Agency
Garza Roberta $347,000 Title Connect Llc
Land Jennifer L $329,000 Ata National Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gross Stephen $258,550
Closed Gross Stephen $342,000
Previous Owner David Gary $289,600
Previous Owner Garza Roberta $277,600
Previous Owner Land Jennifer L $296,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2018 05/30/18 Sold $364,000 -0.3% $234 / Sq Ft
04/17/2018 04/17/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $365,000 +10.9% $235 / Sq Ft
02/03/2017 02/03/17 Sold $329,000 -2.9% $221 / Sq Ft
01/06/2017 01/06/17 Pending -- -- --
12/12/2016 12/12/16 For Sale $339,000 -- $228 / Sq Ft
Source: Michigan Multiple Listing Service

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 $10,248 $213,560 $0 $0
2023 $9,982 $200,850 $0 $0
2022 $10,056 $187,860 $0 $0
2021 $10,287 $185,010 $0 $0
2020 $12,933 $184,330 $0 $0
2019 $9,805 $177,390 $0 $0
2018 $9,356 $164,680 $0 $0
2017 $3,408 $143,060 $0 $0
2016 $4,451 $115,430 $0 $0
2015 -- $83,040 $0 $0
2014 -- $62,890 $0 $0
2011 -- $73,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 31343650

Michigan Multiple Listing Service

APN: 25-27-459-022