NOT LISTED FOR SALE

240 E Troy St Ferndale, MI 48220

Estimated Value: $210,000 - $216,932

2 Beds
1 Bath
853 Sq Ft
$251/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $170,000 $199 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,532/month

1 Day on Market

Highlights

  • Ranch Style House
  • Porch
  • Shed
  • No HOA
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of December 2021

Coming soon - showings begin 12/2. Location, Location, Location - here is your opportunity to live right in the heart of Downtown Ferndale. Move in ready ranch home features a spacious living room with laminate flooring. The larger galley kitchen with ample cabinet space opens to a sunny dining area overlooking the large backyard. Bedrooms feature great closet space. Full footprint basement offers laundry and plenty of storage. Take in the sights from your front porch, or walk to everything that Ferndale has to offer.

Last Agent to Sell the Property

Tim Gilson

Good Company License #6501301644 Listed on: 12/02/2021

Good Company

Co-Listed By

Claire Kona

Good Company License #6501368890

Last Buyer's Agent

Keith Weber

RE/MAX First License #6501239845

RE/MAX First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1923 | Remodeled in 2002

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x108

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 853 Sq Ft Home
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Free-Standing Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed
  • Porch

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • The Little Farms Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2534202006

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,221

Year Built

Built in 1923 | Remodeled in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 172
  • Year Built: 1923
  • State Equalized Value: 83640.0000
  • Year Renovated: 2002
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: High Spd Internet Avail, Cable Available
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Range Hood, Washer
  • Total Sq Ft: 853

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • 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

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.13
  • Lot Dimensions: 50x108
  • Parcel Number: 2534202006

Tax Info

  • Tax Amount Summer: 3118.0000
  • Tax Amount Winter: 103.0000
  • Total Tax: 3221.0000
  • Taxable Value: 56150.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2021
Closed on
Dec 23, 2021
Sold by
Nicholas Driver
Bought by
Maiuri Marla G
Seller's Agent
Tim Gilson
Good Company
Buyer's Agent
Keith Weber
RE/MAX First
List Price
$164,500
Sold Price
$170,000
Premium/Discount to List
$5,500
3.34%
Current Estimated Value
$214,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,233
Avg. Annual Appreciation
5.94%

Purchase Details

Listed on
Apr 7, 2016
Closed on
May 20, 2016
Sold by
Gould Michael and Gould Marie
Bought by
Driver Nicholas
Seller's Agent
Richard Barber
@properties Christie's Int'l R.E. Royal Oak
Buyer's Agent
Tim Gilson
Good Company
List Price
$139,900
Sold Price
$147,500
Premium/Discount to List
$7,600
5.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.57%
Original Mortgage
$141,391
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 27, 2006
Sold by
Gourlay Kellee J and Smith Kellee J
Bought by
Gould Michael

Purchase Details

Closed on
May 1, 2003
Sold by
King Walter E and Affer Mark
Bought by
Smith Kellee J

Purchase Details

Closed on
Sep 25, 2002
Sold by
Gill Norene K
Bought by
King Walter E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maiuri Marla G $170,000 Fidelity National Title
Driver Nicholas $147,500 None Available
Gould Michael $130,000 None Available
Smith Kellee J $128,500 Title One Inc
King Walter E $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Driver Nicholas $141,391
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2021 12/23/21 Sold $170,000 +3.3% $199 / Sq Ft
12/02/2021 12/02/21 For Sale $164,500 +11.5% $193 / Sq Ft
05/20/2016 05/20/16 Sold $147,500 +5.4% $164 / Sq Ft View Prior Sale
04/11/2016 04/11/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $139,900 -- $155 / 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
2025 $4,953 $103,800 $0 $0
2024 $4,753 $103,850 $0 $0
2023 $4,621 $90,000 $0 $0
2022 $5,226 $96,740 $0 $0
2021 $3,221 $83,640 $0 $0
2020 $3,053 $79,180 $0 $0
2019 $3,102 $67,900 $0 $0
2018 $3,114 $56,320 $0 $0
2017 $3,074 $51,990 $0 $0
2016 $1,616 $35,170 $0 $0
2015 -- $30,810 $0 $0
2014 -- $27,440 $0 $0
2011 -- $32,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Gilson

    Seller's Agent in 2021

    Tim Gilson

    Good Company

    (248) 385-8005

    10 in this area

    400 Total Sales

    Tim Gilson
    Section Image
  • Claire Kona

    Seller Co-Listing Agent in 2021

    Claire Kona

    Good Company

    (248) 722-4277

    3 in this area

    98 Total Sales

    Claire Kona
    Section Image
  • Keith Weber

    Buyer's Agent in 2021

    Keith Weber

    RE/MAX of Southeast Michigan

    (248) 561-2708

    32 in this area

    120 Total Sales

    Keith Weber
    Section Image

  • R

    Seller's Agent in 2016

    Richard Barber

    @properties Christie's Int'l R.E. Royal Oak

    (248) 646-5000

    2 in this area

    36 Total Sales

    Richard Barber
    Section Image
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Map

Source: Realcomp

MLS Number: 2210096241

Realcomp

APN: 25-34-202-006

Michigan Oakland County Ferndale 48220

240 E Troy St, Ferndale, MI

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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