NOT LISTED FOR SALE

2505 Mcdowell St Ferndale, MI 48220

Estimated Value: $212,000 - $244,000

2 Beds
1 Bath
708 Sq Ft
$315/Sq Ft Est. Value

Last Sold June 19, 2023

Last sale price $230,000 $325 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,591/month

Highlights

  • Deck
  • No HOA
  • Porch
  • Ranch Style House
  • 1 Car Detached Garage
  • Patio

About This Home

As of June 2023

Fantastic corner lot ranch in Ferndale features a wonderful updated interior with a roomy kitchen, full basement, and a private backyard. Bright living room with hardwood floors, recessed lighting, coved ceilings, and bar seating to the kitchen. Beautiful updated kitchen with stainless steel appliances, granite counters, tile floors, and a sliding glass door to a wood deck. Two nice sized bedrooms share a full bath with large tile and glass block windows. Tall basement with laundry and ample storage space. Private fenced backyard with a patio and detached garage. Great location, close to downtown Ferndale and easy freeway access. Welcome Home!

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 05/25/2023

Good Company

Last Buyer's Agent

Michael Perna

Keller Williams Advantage License #RCO-6501309650

Keller Williams Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1949

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 36.00 x 105.00
  • Fenced

Home Design

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

Interior Spaces

  • 708 Sq Ft Home
  • Unfinished Basement
  • Sump Pump

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • First Add To East Urbanrest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2526301018

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,721

Year Built

Built in 1949

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 172.00
  • Year Built: 1949
  • State Equalized Value: 66790.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Range Hood, Washer
  • Total Sq Ft: 708

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Porch Type: Deck, Patio, Porch
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Electricity, Door Opener, Detached
  • Garage: Yes

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: 0.09
  • Lot Dimensions: 36.00 x 105.00
  • Parcel Number: 2526301018

Tax Info

  • Tax Amount Summer: 3617.0000
  • Tax Amount Winter: 104.0000
  • Total Tax: 3721.0000
  • Taxable Value: 57300.0000

MLS Schools

  • School District: Hazel Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Jun 19, 2023
Sold by
Coccitti-Smith Dominic
Bought by
Patel Suraj
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Michael Perna
Keller Williams Advantage
List Price
$215,000
Sold Price
$230,000
Premium/Discount to List
$15,000
6.98%
Views
29
Current Estimated Value
$222,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,232
Avg. Annual Appreciation
-1.16%

Purchase Details

Listed on
Nov 30, 2018
Closed on
Jan 11, 2019
Sold by
Estate Of Seth Harland
Bought by
Coccitti Smith Dominic
Seller's Agent
Paul Fujimoto
RE/MAX Eclipse
Buyer's Agent
Jim Shaffer
Good Company
List Price
$114,900
Sold Price
$123,321
Premium/Discount to List
$8,421
7.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.11%

Purchase Details

Listed on
Sep 14, 2011
Closed on
Dec 29, 2011
Sold by
Korobkin Scott
Bought by
Harland Seth
Seller's Agent
Ted Reithel
RE/MAX First
Buyer's Agent
Noel Heideman
@properties Christie's Int'l R.E. Birmingham
List Price
$19,900
Sold Price
$25,000
Premium/Discount to List
$5,100
25.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.44%

Purchase Details

Closed on
Feb 27, 2001
Sold by
Moreno Deborah
Bought by
Korobkin Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.03%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Patel Suraj $230,000 Fidelity National Title
Coccitti Smith Dominic $123,321 Visionary Title Agency Llc
Harland Seth $25,000 Bell Title
Korobkin Scott A $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Korobkin Scott A $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/19/2023 06/19/23 Sold $230,000 +7.0% $325 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $215,000 +74.3% $304 / Sq Ft
01/14/2019 01/14/19 Sold $123,321 +7.3% $174 / Sq Ft View Prior Sale
12/04/2018 12/04/18 Pending -- -- --
11/30/2018 11/30/18 For Sale $114,900 +359.6% $162 / Sq Ft
01/03/2012 01/03/12 Sold $25,000 +25.6% $35 / Sq Ft View Prior Sale
09/29/2011 09/29/11 Pending -- -- --
09/14/2011 09/14/11 For Sale $19,900 -- $28 / Sq Ft
Source: Realcomp

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 $5,336 $97,920 $0 $0
2024 $5,139 $93,560 $0 $0
2023 $3,732 $77,130 $0 $0
2022 $3,720 $66,790 $0 $0
2021 $3,725 $61,330 $0 $0
2020 $3,554 $54,710 $0 $0
2019 $1,487 $44,490 $0 $0
2018 $1,548 $34,330 $0 $0
2017 $1,927 $32,070 $0 $0
2016 $1,408 $28,010 $0 $0
2015 -- $23,120 $0 $0
2014 -- $19,030 $0 $0
2011 -- $28,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230037431

Realcomp

APN: 25-26-301-018

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