NOT LISTED FOR SALE

251 E Marshall St Ferndale, MI 48220

Estimated Value: $252,461 - $284,000

2 Beds
2 Baths
1,096 Sq Ft
$244/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $230,000 $210 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,804/month

3 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Bungalow
  • Ceiling Fan

About This Home

As of November 2022

Turn-key 2 bed, 2 full bath bungalow, walking distance to downtown Ferndale! Upon entry, you are welcomed by beautiful refinished hardwood flooring that extends throughout the home! A charming archway separates the living room from the dining area that flows seamlessly into the kitchen where all newer SS appliances stay! Upstairs are 2 bedrooms and a tastefully updated full bath! The basement has been well-maintained and features a 2nd full bath! There's a spacious, newly refinished deck in the fenced backyard with a detached 2-car garage! New AC unit in 2020 and new landscaping in the front and back yard. Centrally located to schools, parks, restaurants, and shopping!

Last Agent to Sell the Property

Rachel Vavro

REALTEAM Real Estate License #6501412521 Listed on: 10/20/2022

REALTEAM Real Estate

Last Buyer's Agent

Lisa Brennan

The Agency Hall & Hunter License #6501388646

The Agency Hall & Hunter

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x131

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Poured Concrete

Interior Spaces

  • 1,096 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Unfinished Basement

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Additional Features

  • Deck
  • Ground Level

Community Details

  • No Home Owners Association
  • Woodward Farms Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2534255032

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,161

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 172.00
  • Year Built: 1924
  • State Equalized Value: 66620.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave
  • Total Sq Ft: 1096

Exterior Features

  • Foundation Details: Basement
  • Foundation Materials: Poured
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.12
  • Lot Dimensions: 40x131
  • Parcel Number: 2534255032

Tax Info

  • Tax Amount Summer: 3059.0000
  • Tax Amount Winter: 102.0000
  • Total Tax: 3161.0000
  • Taxable Value: 57250.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Nov 21, 2022
Sold by
Beer Shaun Paul and Beer Chelsea Ann
Bought by
Wetters Stacy
Seller's Agent
Rachel Vavro
REALTEAM Real Estate
Buyer's Agent
Lisa Brennan
The Agency Hall & Hunter
List Price
$230,000
Sold Price
$230,000
Views
6
Current Estimated Value
$267,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,615
Avg. Annual Appreciation
5.02%
Original Mortgage
$218,500
Outstanding Balance
$211,060
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$56,555

Purchase Details

Closed on
Jan 23, 2021
Sold by
Beer Shaun Paul and Olesky Chelsea Ann
Bought by
Beer Shaun Paul and Olesky Chelsea Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,394
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 21, 2019
Closed on
Nov 25, 2019
Sold by
Rj Investment Llc
Bought by
Beer Shaun Paul and Olesky Chelsea Ann
Seller's Agent
Antoine Yazbeck
KW Metro
Buyer's Agent
Rachel Vavro
REALTEAM Real Estate
List Price
$195,000
Sold Price
$174,000
Premium/Discount to List
-$21,000
-10.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%

Purchase Details

Closed on
Jun 8, 2010
Sold by
Secretary Of Housing & Urban Development
Bought by
Rj Investment Llc

Purchase Details

Closed on
Oct 15, 2009
Sold by
Bac Home Loans Servicing Lp
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Apr 14, 2009
Sold by
Carlisle James D and Burton Sue
Bought by
Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Mar 31, 2000
Sold by
Darge Jan
Bought by
Carlisle James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,964
Interest Rate
8.24%
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
Wetters Stacy $230,000 --
Beer Shaun Paul -- Fidelity National Title
Beer Shaun Paul $174,000 None Available
Rj Investment Llc $25,000 None Available
The Secretary Of Housing & Urban Develop -- None Available
Countrywide Home Loans Servicing Lp $94,900 None Available
Carlisle James D $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wetters Stacy $218,500
Previous Owner Beer Shaun Paul $169,394
Previous Owner Carlisle James D $69,964
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2022 11/21/22 Sold $230,000 0.0% $210 / Sq Ft
10/23/2022 10/23/22 Pending -- -- --
10/20/2022 10/20/22 For Sale $230,000 +32.2% $210 / Sq Ft
11/25/2019 11/25/19 Sold $174,000 +3.0% $158 / Sq Ft View Prior Sale
11/08/2019 11/08/19 Pending -- -- --
10/23/2019 10/23/19 Price Changed $169,000 -3.4% $154 / Sq Ft
10/10/2019 10/10/19 Price Changed $174,900 -2.3% $159 / Sq Ft
09/09/2019 09/09/19 Price Changed $179,000 -5.3% $163 / Sq Ft
08/28/2019 08/28/19 Price Changed $189,000 -3.1% $172 / Sq Ft
08/21/2019 08/21/19 For Sale $195,000 -- $178 / 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 $4,827 $115,390 $0 $0
2024 $4,633 $105,590 $0 $0
2023 $4,504 $87,620 $0 $0
2022 $3,613 $66,620 $0 $0
2021 $3,182 $57,900 $0 $0
2020 $3,016 $54,670 $0 $0
2019 $2,249 $48,930 $0 $0
2018 $2,540 $42,850 $0 $0
2017 $3,034 $40,580 $0 $0
2016 $2,488 $34,830 $0 $0
2015 -- $31,660 $0 $0
2014 -- $27,390 $0 $0
2011 -- $39,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221053757

Realcomp

APN: 25-34-255-032