NOT LISTED FOR SALE

240 W Nine Mile Rd Unit 2 Ferndale, MI 48220

Estimated Value: $776,000

3 Beds
1 Bath
1,100 Sq Ft
1933 Built

Highlights

  • No HOA
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Balcony
  • Awning
  • Laundry Facilities

About This Home

As of December 2019

Actual address is 256 Nine Mile. This unit is a STEAL: 3 bedrooms with hardwood floors in the heart of downtown Ferndale right in the entertainment district of Nine Mile Rd. Located right above Bobcat Bonnie's and across the street from Public House, you won't find a better location at this price. Literally walk-able to everything downtown Ferndale has to offer. Large patio/balcony off the back, perfect for enjoying lazy summer evenings. Tons of square footage for the price and offering practically worry free exterior maintenance. Great for the busy tenant who just wants to live! Easy commute either to downtown Detroit or the suburbs. This unit won't last! **Applicant must provide proof of income, credit report, and completed attached application. Require month half security deposit, $200 cleaning fee and first month's rent to move in** Washer/dryer shared with one other unit in common area. Parking permits available for fee to the city of Ferndale.

Last Agent to Rent the Property

Mike Sher

Max Broock, REALTORS®-Bloomfield Hills License #6502346400 Listed on: 11/08/2019

Max Broock, REALTORS®-Bloomfield Hills

Last Renter's Agent

Robert Phillips

Max Broock, REALTORS®-Birmingham License #RCO-6501405972

Max Broock, REALTORS®-Birmingham

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,796

Year Built

  • Built in 1933 | Remodeled in 2015

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Rubber Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Awning

Kitchen

  • Free-Standing Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Lighted Parking
  • On-Street Parking
  • Off-Site Parking

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Upper Level

Utilities

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

Listing and Financial Details

  • Security Deposit $2,250
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Negotiable Lease Term
  • Assessor Parcel Number 2527378012

Community Details

Overview

  • No Home Owners Association
  • Woodward Heights Sub Ferndale Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$17,796

Year Built

Built in 1933 | Remodeled in 2015

Lot Details

0

Rental Info

  • Lease Type: Apartments
  • Security Deposit: 2250.00
  • Tenant Amenities: Laundry On Site, Maintenance Off-Site

Listing Details

  • Property Type: Condominium
  • Architecture Level: 1 Story Up
  • Year Built: 1933
  • Year Renovated: 2015
  • Entry Location: Upper Level w/Steps
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1100
  • Total Sq Ft: 1100

Exterior Features

  • Roof Material: Rubber
  • Foundation Details: Slab
  • Construction Materials: Brick
  • Exterior Features: Awning/Overhang(s), Lighting
  • Foundation Materials: Poured
  • Porch Type: Balcony
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage
  • MF Parking: Lighted, Off Site, On Street, Permit Required

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: Yes

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 200.00

Schools

  • School District: Ferndale

Lot Info

  • Parcel Number: 2527378012

Multi Family

  • Length of Lease: 12 Months, 13-24 Months, Negotiable

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2013
Sold by
Weinstein Bryan
Bought by
Ferndale Leasing Llc
Current Estimated Value
$776,000
Source: Public Records

Range of Values:

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Average Value
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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
Ferndale Leasing Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2019 12/16/19 Rented $1,200 -11.1% --
11/08/2019 11/08/19 For Rent $1,350 -10.0% --
03/14/2017 03/14/17 Rented $1,500 0.0% --
01/20/2017 01/20/17 Price Changed $1,500 -9.1% $1 / Sq Ft
01/17/2017 01/17/17 For Rent $1,650 -- --
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 $17,796 $658,960 $0 $0
2023 $16,784 $642,300 $0 $0
2022 $16,558 $545,180 $0 $0
2021 $16,500 $510,660 $0 $0
2020 $15,842 $500,910 $0 $0
2019 $15,934 $470,390 $0 $0
2014 -- $316,150 $0 $0
2011 -- $391,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Sher

    Landlord's Agent in 2019

    Mike Sher

    Max Broock, REALTORS®-Bloomfield Hills

    (248) 496-1572

    10 in this area

    249 Total Sales

    Mike Sher
    Section Image
  • Robert Phillips

    Tenant's Agent in 2019

    Robert Phillips

    Max Broock, REALTORS®-Birmingham

    (248) 496-7686

    1 in this area

    40 Total Sales

    Robert Phillips
    Section Image

  • E

    Seller's Agent in 2017

    Eric Green

    Signature Sotheby's International Realty BH

See All Agents

Map

Source: Realcomp

MLS Number: 219114261

Realcomp

APN: 25-27-378-012

Michigan Oakland County Ferndale 48220

240 W Nine Mile Rd Unit 2, Ferndale, MI

This home is located at 240 W Nine Mile Rd Unit 2, Ferndale, MI 48220 since 08 November 2019 and is currently priced at $776,000. This property was built in 1933. 240 W Nine Mile Rd Unit 2 is a home located in Oakland County with nearby schools including Ferndale Lower Elementary Campus, Ferndale Upper Elementary Campus, and Ferndale Middle 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
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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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