NOT LISTED FOR SALE

2303 Mcdowell St Ferndale, MI 48220

Estimated Value: $166,000 - $199,000

2 Beds
1 Bath
672 Sq Ft
$283/Sq Ft Est. Value

Last Sold September 21, 2023

Last sale price $160,000 $238 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,456/month

72 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System
  • Ground Level Unit
  • 2 Car Detached Garage
  • Fenced

About This Home

As of September 2023

Fantastic corner lot ranch in Fashonable Ferndale features a wonderful updated interior with a roomy kitchen. New privacy fence, paverwalkway, patio and detached garage in backyard.. Great location, close to downtown Ferndale and easy freeway access. Welcome Home! MANY UPDATES SINCE HITTING THE MARKET INCLUDING NEW ROOF. Note virtual tour.

Last Agent to Sell the Property

Luke Johnson

EXP Realty Main License #6501257132 Listed on: 06/16/2023

EXP Realty Main

Last Buyer's Agent

Michael Perna

Keller Williams Advantage License #RCO-6501309650

Keller Williams Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1951

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50.00 x 105.00
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • 672 Sq Ft Home
  • Ranch Style House
  • Slab Foundation

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • First Add To East Urbanrest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2526307021

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,902

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 172.00
  • Year Built: 1951
  • State Equalized Value: 73060.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Sq Ft Combined: 672
  • Total Sq Ft: 672

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Aluminum
  • Exterior Features: Fenced
  • Frontage Feet: 50
  • Road Frontage Type: Paved
  • Sideof Street: W
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Community

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Hazel Park

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 50.00 x 105.00
  • Parcel Number: 2526307021

Tax Info

  • Tax Amount Summer: 2840.0000
  • Tax Amount Winter: 62.0000
  • Total Tax: 2902.0000
  • Taxable Value: 34070.0000

MLS Schools

  • School District: Hazel Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Sep 21, 2023
Sold by
2303 Mcdowell Llc
Bought by
Chinn Mariha and Kortas Nicholas
Seller's Agent
Luke Johnson
EXP Realty Main
Buyer's Agent
Michael Perna
Keller Williams Advantage
List Price
$184,900
Sold Price
$160,000
Premium/Discount to List
-$24,900
-13.47%
Views
307
Current Estimated Value
$190,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,355
Avg. Annual Appreciation
10.02%
Original Mortgage
$155,200
Outstanding Balance
$152,489
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$37,866

Purchase Details

Listed on
Jan 12, 2015
Closed on
Mar 13, 2015
Sold by
1922 Martin Llc and Silvestri Dominic
Bought by
2303 Mcdowell Llc
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Christopher Maeso
Pine Realty LLC
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.14%

Purchase Details

Closed on
Oct 23, 2007
Sold by
Mortgage Electronic Registration Systems
Bought by
Us Bank Na and Mastr Asset Backed Securities Trust 2005

Purchase Details

Closed on
Aug 21, 2007
Sold by
Silverstein Robert and Silverstein Lori
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Jul 26, 2005
Sold by
Silverstein Nancy and Stulberg Nancy
Bought by
Silverstein Robert and Silverstein Lori

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
7.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 3, 2000
Sold by
Silverstein Robert
Bought by
Lori M Silverstein Tr
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
Chinn Mariha $160,000 None Listed On Document
2303 Mcdowell Llc $65,000 Interstate Title Inc
Us Bank Na -- None Available
Mortgage Electronic Registration Systems $79,007 None Available
Silverstein Robert -- Title Giant Llc
Silverstein Robert -- Title Giant Llc
Lori M Silverstein Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chinn Mariha $155,200
Previous Owner 1902 Moorhouse Llc $275,000
Previous Owner Silverstein Robert $75,000
Previous Owner Silverstein Robert $29,348
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2023 09/21/23 Sold $160,000 0.0% $238 / Sq Ft
08/29/2023 08/29/23 Off Market $160,000 -- --
08/27/2023 08/27/23 Pending -- -- --
08/01/2023 08/01/23 Price Changed $177,400 -4.1% $264 / Sq Ft
06/16/2023 06/16/23 For Sale $184,900 +184.5% $275 / Sq Ft
03/13/2015 03/13/15 Sold $65,000 -7.0% $81 / Sq Ft
02/22/2015 02/22/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $69,900 -- $87 / 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 $4,849 $88,070 $0 $0
2023 $2,944 $82,800 $0 $0
2022 $2,901 $73,060 $0 $0
2021 $2,885 $66,630 $0 $0
2020 $2,775 $58,290 $0 $0
2019 $2,788 $47,930 $0 $0
2018 $2,790 $37,670 $0 $0
2017 $3,040 $34,960 $0 $0
2016 $2,660 $30,290 $0 $0
2015 -- $20,570 $0 $0
2014 -- $17,620 $0 $0
2011 -- $23,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230047971

Realcomp

APN: 25-26-307-021