NOT LISTED FOR SALE

217 University St Ferndale, MI 48220

Estimated Value: $252,000 - $348,000

3 Beds
2 Baths
1,061 Sq Ft
$264/Sq Ft Est. Value

Last Sold May 01, 2012

Last sale price $114,000 $107 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $1,674/month

22 Days on Market

Highlights

  • Fenced Yard
  • Porch
  • Forced Air Heating and Cooling System
  • 1 Car Detached Garage
  • Bungalow
  • 4-minute walk to Wilson Park

About This Home

As of May 2012

CHARMING 1920'S BUNGALOW. REFINISHED HARDWOOD FLOORS, LARGE LIVING ROOM, & FORMAL DINING ROOM. LARGE MASTER SUITE W/ PRIVATE REMODELED BATH. FRESH PAINT, NEW ROOF, & POSSESSION AT CLOSE. CUSTOM KITCHEN W/ MAPLE CABINETS, CERAMIC TILE, GRANITE COUNTER TOPS, & NEW APPLIANCES. RENOVATED FIRST FLOOR BATH, BASEMENT & GARAGE. VERY CLEAN & READY FOR NEW OWNERS.

Last Agent to Sell the Property

Robert E. Coburn

RE/MAX Partners License #MISPE-6501265468 Listed on: 02/14/2012

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,072

Year Built

  • Built in 1919

Lot Details

  • Lot Dimensions are 50x108.9
  • Fenced Yard

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,061 Sq Ft Home
  • 1.5-Story Property
  • Basement
  • Michigan Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2534253030

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,072

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Bungalow
  • Structure Style: 1 1/2 Story
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement: MI Basement
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 11 x 10
  • Bedroom 2: On Entry Level, Dimensions: 10 x 9
  • Bedroom 3: On Entry Level, Dimensions: 10 x 9
  • Bathrooms Description: First Flr Lavatory, MstrBdrm Full Bathroom
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Breakfast Nook: On Entry Level, Dimensions: 6 x 8
  • Dining Room: On Entry Level, Dimensions: 12 x 8
  • Kitchen: On Entry Level, Dimensions: 10 x 7
  • Living Room: On Entry Level, Dimensions: 13 x 12
  • Above Grade Finished Sq Ft: 1061
  • Total Finished Sq Ft: 1061

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Fenced Yard, Porch
  • Foundation: Basement
  • Frontage: 50
  • Road: Paved Street

Garage/Parking

  • Garage: Detached Garage
  • 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

Lot Info

  • Assessor Parcel Number: 2534253030
  • Lot Dimensions: 50X108.9
  • Map Side Numeric: 30
  • Map Top Alpha: AD
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $2,017.00
  • Winter Tax: Amount: $55.00

MLS Schools

  • School District: Ferndale City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2012
Closed on
May 1, 2012
Sold by
Bailey Teresa L and Coburn Robert
Bought by
Jacobs Amy
Seller's Agent
Robert E. Coburn
RE/MAX Partners
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$109,900
Sold Price
$114,000
Premium/Discount to List
$4,100
3.73%
Total Days on Market
22
Current Estimated Value
$280,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,234
Avg. Annual Appreciation
7.10%
Original Mortgage
$111,110
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 22, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Bailey Teresa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
11%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 17, 2011
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Nov 16, 2010
Sold by
Rion Alexandria and Rion Evan
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 2, 2005
Sold by
Mortgage Guaranty Insurance Corporation
Bought by
Rion Evan and Rion Alexandria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,645
Interest Rate
5.98%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 21, 2004
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Fifth Third Bank

Purchase Details

Closed on
Dec 10, 2004
Sold by
Fifth Third Bank
Bought by
Mortgage Guaranty Insurance Corporation

Purchase Details

Closed on
Apr 27, 2004
Sold by
Sweet Edmond C
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jun 26, 1998
Sold by
Cheukoua Hang
Bought by
Sweet Edmond C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7.05%
Source: Public Records

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Range of Values:

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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
Jacobs Amy $114,000 Partners Title Agency Llc
Bailey Teresa L $42,500 None Available
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank Na $159,100 None Available
Rion Evan $145,900 Greco
Fifth Third Bank -- Greco
Mortgage Guaranty Insurance Corporation $145,900 None Available
Federal Home Loan Mortgage Corp $137,157 --
Sweet Edmond C $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobs Amy $54,000
Open Jacobs Amy $185,855
Closed Jacobs Amy $31,500
Closed Jacobs Amy $111,000
Closed Jacobs Amy $111,110
Previous Owner Bailey Teresa Lynne $75,000
Previous Owner Rion Evan $143,645
Previous Owner Sweet Edmond C $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2012 05/01/12 Sold $114,000 +3.7% $107 / Sq Ft
03/07/2012 03/07/12 Pending -- -- --
02/14/2012 02/14/12 For Sale $109,900 -- $104 / 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 $2,248 $121,680 $0 $0
2023 $2,180 $118,550 $0 $0
2022 $2,187 $110,320 $0 $0
2021 $2,200 $101,450 $0 $0
2020 $2,088 $97,930 $0 $0
2019 $2,120 $88,900 $0 $0
2018 $2,128 $76,770 $0 $0
2017 $2,101 $74,350 $0 $0
2016 $2,072 $60,280 $0 $0
2015 -- $51,090 $0 $0
2014 -- $43,070 $0 $0
2011 -- $37,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31091014

Michigan Multiple Listing Service

APN: 25-34-253-030