NOT LISTED FOR SALE

2321 Mahan St Ferndale, MI 48220

Estimated Value: $327,000 - $411,174

4 Beds
2.5 Baths
2,142 Sq Ft
$178/Sq Ft Est. Value

Last Sold September 12, 2013

Last sale price $81,500 $38 Per Sq Ft

Est. 369% increase in value since last sale

Current estimated payment $2,374/month

10 Days on Market

Highlights

  • Colonial Architecture
  • Balcony
  • Porch
  • No HOA
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of September 2013

HUD Home. This 4 bedroom, 2 bath Ferndale colonial is superbly priced at $80,000.00 for the right owner. Needs your touch to make it a home. 2,142 square feet of great value, with large open space throughout the 1st floor, your decorating options abound! Located on a beautiful Ferndale block, don't let this one get away! Feel free to contact list office or agent of your choice for more information and additional property conditions. LBP.

Last Agent to Sell the Property

Marcus Smith

Royce Kennedy Realty License #6502360874 Listed on: 06/11/2013

Last Buyer's Agent

Kamal Cheeks

MBC Real Estate Company License #6502394049

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x110
  • Irregular Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Vinyl Construction Material

Interior Spaces

  • 2,142 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Balcony
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Stephenson Super Highway Sub No 5 Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2526131015

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: YES
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal
  • Sq Ft Combined: 2142
  • Total Sq Ft: 2142

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Porch Type: Balcony, Porch
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • 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: 615385.0000
  • Lot Features: Irregular
  • Lot Size Area: 0.13
  • Lot Dimensions: 50X110
  • Parcel Number: 2526131015

Tax Info

  • Tax Amount Summer: 2675.0000
  • Tax Amount Winter: 153.0000
  • Total Tax: 2828.0000

MLS Schools

  • School District: Hazel Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2013
Closed on
Sep 9, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Mclure Nicholas
Seller's Agent
Marcus Smith
Royce Kennedy Realty
Buyer's Agent
Kamal Cheeks
MBC Real Estate Company
List Price
$80,000
Sold Price
$81,500
Premium/Discount to List
$1,500
1.88%
Current Estimated Value
$382,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,794
Avg. Annual Appreciation
13.05%
Original Mortgage
$73,260
Interest Rate
3.65%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 10, 2013
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Feb 14, 2012
Sold by
Neusius Danielle and Neusius Tami
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 14, 2010
Sold by
Secretary Of Housing & Urban Development
Bought by
Neusius Danielle and Neusius Tami K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,230
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 18, 2009
Sold by
Countrywide Home Loans Inc
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Sep 16, 2008
Sold by
Money James P and Money Denise A
Bought by
Countrywide Home Loans Inc and Americas Wholesale Lender

Purchase Details

Closed on
Feb 25, 2002
Sold by
Saylor Duane J
Bought by
Money James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,528
Interest Rate
6.87%
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
Mclure Nicholas $81,500 None Available
Secretary Of Housing & Urban Development -- None Available
Wells Fargo Bank Na $60,000 None Available
Neusius Danielle $75,600 None Available
The Secretary Of Housing & Urban Develop -- None Available
Countrywide Home Loans Inc $150,310 None Available
Money James P $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcclure Nicholas $73,260
Previous Owner Neusius Danielle $74,230
Previous Owner Money Denise A $20,000
Previous Owner Money James P $157,528
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2013 09/12/13 Sold $81,500 +1.9% $38 / Sq Ft
06/21/2013 06/21/13 Pending -- -- --
06/11/2013 06/11/13 For Sale $80,000 -- $37 / 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 $3,487 $171,240 $0 $0
2023 $3,683 $164,030 $0 $0
2022 $3,671 $152,400 $0 $0
2021 $3,676 $147,290 $0 $0
2020 $3,507 $142,950 $0 $0
2019 $3,548 $133,100 $0 $0
2018 $3,493 $102,220 $0 $0
2017 $3,444 $100,480 $0 $0
2016 $3,402 $86,380 $0 $0
2015 -- $59,670 $0 $0
2014 -- $49,270 $0 $0
2011 -- $52,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Marcus Smith

    Royce Kennedy Realty

    (248) 943-1411

    8 Total Sales

    Section Image
  • Kamal Cheeks

    Buyer's Agent in 2013

    Kamal Cheeks

    MBC Real Estate Company

    (586) 298-1229

    12 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 213056783

Realcomp

APN: 25-26-131-015

Michigan Oakland County Ferndale 48220

2321 Mahan St, Ferndale, MI

This home is located at 2321 Mahan St, Ferndale, MI 48220 since 11 June 2013 and is currently estimated at $382,294, approximately $178 per square foot. This property was built in 1941. 2321 Mahan St is a home located in Oakland County with nearby schools including Hazel Park Junior High School, Hazel Park High School, and Calvary Christian 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.

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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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