NOT LISTED FOR SALE

244 Wordsworth St Ferndale, MI 48220

Estimated Value: $279,000 - $305,572

3 Beds
2 Baths
1,363 Sq Ft
$214/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $233,000 $171 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,269/month

8 Days on Market

Highlights

  • Covered patio or porch
  • Bungalow
  • Forced Air Heating and Cooling System

About This Home

As of September 2021

Great opportunity for an investor or to have an owner-occupied property with rental income to supplement your expenses! Two units in the property: upper 1BR/1BA unit and lower 2BR/1BA unit. Upper unit is currently rented for $825/month, lease ends on 6/30/2022. Shared basement and owner/landlord pays ALL UTILITIES. Living in this home would be cheaper then rent! Home has two rental certifications from the City.

Last Agent to Sell the Property

Karen Greenwood

Coldwell Banker Professionals Birm License #6501297591 Listed on: 08/26/2021

Coldwell Banker Professionals Birm

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x111

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,363 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Unassigned Parking

Outdoor Features

  • Covered patio or porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2534427011
  • $3,000 Seller Concession

Community Details

Overview

  • 2 Units
  • Stormfeltz Lovely Co Woodward Ave Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 291
  • Year Built: 1927
  • State Equalized Value: 98640.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Sq Ft Combined: 1363
  • Total Sq Ft: 1363
  • Sq Ft Total Bsmt: 779

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street, Unassigned/General
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Common, Natural Gas
  • Water Source: Public (Municipal)

Schools

  • School District: Ferndale

Lot Info

  • Lot Size Area: 0.13
  • Lot Dimensions: 50x111
  • Parcel Number: 2534427011
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1925

Tax Info

  • Tax Amount Summer: 5802.0000
  • Tax Amount Winter: 142.0000
  • Total Tax: 5944.0000
  • Taxable Value: 78020.0000

Multi Family

  • Gross Scheduled Income: 23100.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 1

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Sep 22, 2021
Sold by
Sivanthie Horne and Sivanthie Lokuge Sivanthie
Bought by
Florence Jillian and Guiffre Robert
Seller's Agent
Karen Greenwood
Coldwell Banker Professionals Birm
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$233,000
Sold Price
$233,000
Current Estimated Value
$291,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,143
Avg. Annual Appreciation
5.16%
Original Mortgage
$198,050
Outstanding Balance
$182,551
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$100,485

Purchase Details

Listed on
Mar 23, 2016
Closed on
May 31, 2016
Sold by
Pacheco Christine and Scaglione Christine
Bought by
Lokuge Sivanthie
Seller's Agent
Nancy Grobbel
NHL Real Estate
Buyer's Agent
David Corp
KW Metro
List Price
$149,900
Sold Price
$149,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%
Original Mortgage
$112,400
Interest Rate
3.6%

Purchase Details

Closed on
May 4, 2007
Sold by
Sdn Properties Llc
Bought by
Scaglione Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,400
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2004
Sold by
Negrut Dan and Negrut Sharon Lee
Bought by
Son Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,200
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2004
Sold by
Rogowski Joseph M and Lindberg Karen
Bought by
Negrut Dan and Negrut Sharon Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,200
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
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
Florence Jillian $233,000 None Available
Lokuge Sivanthie $149,900 Title Express Llc
Scaglione Christine $140,595 Title Source Inc
Son Properties Llc -- --
Negrut Dan $149,000 Title One Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Florence Jillian $198,050
Previous Owner Scaglione Christine $112,400
Previous Owner Scaglione Christine $112,400
Previous Owner Scaglione Christine $21,075
Previous Owner Negrut Dan $119,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $233,000 0.0% $171 / Sq Ft
09/04/2021 09/04/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $233,000 0.0% $171 / Sq Ft
06/11/2019 06/11/19 Rented $900 +5.9% --
06/11/2019 06/11/19 Under Contract -- -- --
06/08/2019 06/08/19 Price Changed $850 -5.6% $1 / Sq Ft
05/20/2019 05/20/19 For Rent $900 +2.9% --
08/04/2018 08/04/18 Rented $875 0.0% --
08/04/2018 08/04/18 Under Contract -- -- --
07/26/2018 07/26/18 Price Changed $875 -7.9% $1 / Sq Ft
07/15/2018 07/15/18 For Rent $950 0.0% --
05/31/2016 05/31/16 Sold $149,900 0.0% $125 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $149,900 0.0% $125 / Sq Ft
05/01/2015 05/01/15 Rented $895 +2.3% --
04/29/2015 04/29/15 Under Contract -- -- --
04/16/2015 04/16/15 For Rent $875 0.0% --
06/05/2014 06/05/14 Rented $875 +1.7% --
05/30/2014 05/30/14 Under Contract -- -- --
05/21/2014 05/21/14 For Rent $860 +7.5% --
04/10/2013 04/10/13 Rented $800 +0.6% --
04/08/2013 04/08/13 Under Contract -- -- --
03/15/2013 03/15/13 For Rent $795 -- --
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 $8,097 $124,490 $0 $0
2023 $6,609 $116,070 $0 $0
2022 $6,601 $106,030 $0 $0
2021 $5,946 $98,640 $0 $0
2020 $5,693 $94,010 $0 $0
2019 $5,734 $83,150 $0 $0
2018 $5,716 $73,940 $0 $0
2017 $5,834 $72,240 $0 $0
2016 $3,320 $54,750 $0 $0
2015 -- $49,050 $0 $0
2014 -- $43,050 $0 $0
2011 -- $43,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210070938

Realcomp

APN: 25-34-427-011