NOT LISTED FOR SALE

243 W Webster St Ferndale, MI 48220

Estimated Value: $251,497 - $257,000

3 Beds
2 Baths
1,291 Sq Ft
$197/Sq Ft Est. Value

Last Sold December 22, 2015

Last sale price $115,500 $89 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,772/month

35 Days on Market

Highlights

  • 0.98 Acre Lot
  • Forced Air Heating and Cooling System
  • Fenced
  • Covered Patio or Porch

About This Home

As of December 2015

Great Investment! 2 Family Flat! Live in Lower Unit or Rent ! HW floors, Upper Unit has Huge walk in Pantry, Lg Bedroom, Dining Area off Living zroom.
Lower Freshly Painted. Dining Room, Living ROOM, LG Bedrooms. Both Furnaces '03, New A/C Lower'03. Large Basement With Laundry. 1St Floor rents for approx,$900/mo. & Upper approx $550.

Last Agent to Sell the Property

TJ Francisco

Real Estate One-Sterling Heights License #6501360034 Listed on: 10/12/2015

Real Estate One-Sterling Heights

Last Buyer's Agent

Patti Chetcuti

O'Connor Realty Detroit, LLC License #6501355299

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1923

Lot Details

  • 0.98 Acre Lot
  • Lot Dimensions are 35x122
  • Fenced

Parking

  • On-Street Parking

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,291 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2534453021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,334

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 1 1/2 Story
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1291

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Water at Street
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 122346.9388
  • Lot Size Area: 0.98
  • Lot Dimensions: 35X122
  • Parcel Number: 2534453021
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1450

Tax Info

  • Tax Amount Summer: 2281.0000
  • Tax Amount Winter: 53.0000
  • Total Tax: 2334.0000

Multi Family

  • Gross Scheduled Income: 17400.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2019
Sold by
Costello Daniel J and Costello Elina
Bought by
243 Webster Llc
Current Estimated Value
$254,624

Purchase Details

Closed on
May 22, 2019
Sold by
243 Webster Llc
Bought by
Costello Daniel and Costelo Elina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2015
Closed on
Feb 19, 2016
Sold by
Haller Katie
Bought by
243 Webster Llc
Seller's Agent
TJ Francisco
Real Estate One-Sterling Heights
Buyer's Agent
Patti Chetcuti
O'Connor Realty Detroit, LLC
List Price
$119,900
Sold Price
$115,500
Premium/Discount to List
-$4,400
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%

Purchase Details

Listed on
Oct 12, 2015
Closed on
Dec 19, 2015
Sold by
Niemiec Timothy M and Niemiec Lauren Cleland
Bought by
Haller Katie C
Seller's Agent
TJ Francisco
Real Estate One-Sterling Heights
Buyer's Agent
Patti Chetcuti
O'Connor Realty Detroit, LLC
List Price
$119,900
Sold Price
$115,500
Premium/Discount to List
-$4,400
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,625
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2000
Sold by
Winkler Ii R
Bought by
Niemiec Timothy N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,200
Interest Rate
7.87%

Purchase Details

Closed on
Mar 1, 1998
Sold by
Hughes Robert A
Bought by
Winkler Ii Russell F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
243 Webster Llc -- None Available
Costello Daniel -- Shield Title Agency
243 Webster Llc -- Attorney
Haller Katie C $115,500 Liberty Title
Niemiec Timothy N $96,000 --
Winkler Ii Russell F $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Costello Daniel $122,500
Previous Owner Haller Katie C $86,625
Previous Owner Niemiec Timothy N $91,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2015 12/22/15 Sold $115,500 -3.7% $89 / Sq Ft
11/16/2015 11/16/15 Pending -- -- --
10/12/2015 10/12/15 For Sale $119,900 -- $93 / 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 $5,287 $110,660 $0 $0
2024 $5,130 $105,460 $0 $0
2023 $4,960 $96,460 $0 $0
2022 $5,240 $88,540 $0 $0
2021 $4,901 $82,710 $0 $0
2020 $4,690 $80,990 $0 $0
2019 $3,548 $75,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • TJ Francisco

    Seller's Agent in 2015

    TJ Francisco

    Real Estate One

    (586) 285-3400

    1 in this area

    317 Total Sales

    TJ Francisco
    Section Image

  • P

    Buyer's Agent in 2015

    Patti Chetcuti

    O'Connor Realty Detroit, LLC

    (313) 963-9891

    12 Total Sales

    Patti Chetcuti
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 215110584

Realcomp

APN: 25-34-453-021

Michigan Oakland County Ferndale 48220

243 W Webster St, Ferndale, MI

Not Listed for Sale

MultiFamily

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

Nearby Homes