NOT LISTED FOR SALE

2261 Chestnut St Ferndale, MI 48220

Estimated Value: $397,000 - $452,508

3 Beds
4 Baths
1,580 Sq Ft
$272/Sq Ft Est. Value

Last Sold July 23, 2020

Last sale price $305,000 $193 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,036/month

1 Day on Market

Highlights

  • Colonial Architecture
  • Stainless Steel Appliances
  • Porch
  • No HOA
  • Bar Fridge
  • 3-minute walk to Green Acres Park

About This Home

As of July 2020

Check out the 3D video tour! Newer construction Colonial home located in Ferndale! Move in ready with plenty of room to work from home. Open concept on the first floor with abundant natural light. Brand new carpet just installed on the second floor. This home features a finished basement with bathroom, first floor laundry, and quality finishes throughout. The patio and fenced yard is ready for you to round out your summer fun. Easy freeway access, and convenient location to shopping, parks, schools.

Last Agent to Sell the Property

Tim Gilson

Good Company License #6501301644 Listed on: 07/10/2020

Good Company

Co-Listed By

Claire Kona

Good Company License #6501368890

Last Buyer's Agent

Rebecca Nowak

Real Broker LLC Clarkston License #6501424412

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2015

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40x108

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,580 Sq Ft Home
  • 2-Story Property
  • Bar Fridge
  • Ceiling Fan

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Sump Pump
  • Basement Window Egress

Outdoor Features

  • Shed
  • Porch

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Thomas Bros Cloverdale Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2526406019

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,527

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 169
  • Year Built: 2015
  • State Equalized Value: 130600.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Egress Window(s), High Spd Internet Avail, Humidifier
  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Microwave, Free-Standing Gas Range, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 2380
  • Sq Ft Lower Floor: 800
  • Total Sq Ft: 1580
  • Sq Ft Total Bsmt: 900

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Wood
  • Foundation Materials: Poured
  • Frontage Feet: 40
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • 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
  • List Price per Acre: 2949000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 40x108
  • Parcel Number: 2526406019

Tax Info

  • Tax Amount Summer: 7326.0000
  • Tax Amount Winter: 201.0000
  • Total Tax: 7527.0000
  • Taxable Value: 115310.0000

MLS Schools

  • School District: Hazel Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2020
Sold by
Knowles Patricia
Bought by
Knowles Alexander and Knowles Erica
Current Estimated Value
$430,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Outstanding Balance
$217,125
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$213,252

Purchase Details

Listed on
Jul 10, 2020
Closed on
Jul 23, 2020
Sold by
Gregg Megan and Gregg James
Bought by
Knowles Patricia
Seller's Agent
Tim Gilson
Good Company
Buyer's Agent
Rebecca Nowak
Real Broker LLC Clarkston
List Price
$294,900
Sold Price
$305,000
Premium/Discount to List
$10,100
3.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%

Purchase Details

Listed on
Oct 20, 2015
Closed on
Jan 29, 2016
Sold by
Homestead Construction Properties Llc
Bought by
Warren Megan and Gregg James
Seller's Agent
Kimberly Nagy Street
EXP Realty Nagy Group
Buyer's Agent
Tim Gilson
Good Company
List Price
$219,900
Sold Price
$219,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Original Mortgage
$208,905
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2005
Sold by
Hazel Park Community Schools
Bought by
Homestead Construction Properties Llc
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
Knowles Alexander $305,000 None Available
Knowles Patricia $305,000 None Available
Warren Megan $219,900 Attorney
Homestead Construction Properties Llc $1,209,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knowles Alexander $244,000
Previous Owner Warren Megan $208,905
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/23/2020 07/23/20 Sold $305,000 +3.4% $193 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $294,900 +34.1% $187 / Sq Ft
02/03/2016 02/03/16 Sold $219,900 0.0% $142 / Sq Ft View Prior Sale
11/05/2015 11/05/15 Pending -- -- --
10/20/2015 10/20/15 For Sale $219,900 -- $142 / 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 $9,131 $188,100 $0 $0
2023 $9,688 $166,670 $0 $0
2022 $9,674 $154,890 $0 $0
2021 $9,686 $148,530 $0 $0
2020 $7,439 $148,140 $0 $0
2019 $7,527 $130,600 $0 $0
2018 $7,241 $113,160 $0 $0
2017 $7,139 $110,300 $0 $0
2016 $4,480 $69,820 $0 $0
2015 -- $6,360 $0 $0
2014 -- $6,360 $0 $0
2011 -- $13,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Gilson

    Seller's Agent in 2020

    Tim Gilson

    Good Company

    (248) 385-8005

    10 in this area

    408 Total Sales

    Tim Gilson
    Section Image
  • Claire Kona

    Seller Co-Listing Agent in 2020

    Claire Kona

    Good Company

    (248) 722-4277

    3 in this area

    99 Total Sales

    Claire Kona
    Section Image

  • R

    Buyer's Agent in 2020

    Rebecca Nowak

    Real Broker LLC Clarkston

    Section Image
  • Kimberly Nagy Street

    Seller's Agent in 2016

    Kimberly Nagy Street

    EXP Realty Nagy Group

    (248) 459-0445

    5 in this area

    306 Total Sales

    Kimberly Nagy Street
    Section Image
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Map

Source: Realcomp

MLS Number: 2200047731

Realcomp

APN: 25-26-406-019

Michigan Oakland County Ferndale 48220

2261 Chestnut St, Ferndale, MI

This home is located at 2261 Chestnut St, Ferndale, MI 48220 since 10 July 2020 and is currently estimated at $430,377, approximately $272 per square foot. This property was built in 2015. 2261 Chestnut St is a home located in Oakland County with nearby schools including Hazel Park Junior High School and Hazel Park High 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
Copyright 2025 Realcomp II Ltd. Shareholders
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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