$215,000
SOLD JUL 9, 2018

258 Ardmore Dr Ferndale, MI 48220

3 Beds
2 Baths
1,270 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$169 Per Sq Ft

12% Below List Price

34 Days on Market

Highlights

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

About This Home

As of October 2023

This is the nicest duplex in Ferndale!!! Fully rented with leases ending this year. This is a great oppurtunity to live in one and rent out the other and basically live for free!!! Granite and stainless steel appliances in both units. 2 blocks from downtown Ferndale!!! It just does not get any better than this! Please give 24-hour notice and do not disturb tenants.

Last Agent to Sell the Property

Chad Hooks

Berkshire Hathaway HomeServices Kee Realty Bham License #6501310619 Listed on: 05/11/2018

Berkshire Hathaway HomeServices Kee Realty Bham

Last Buyer's Agent

Jim Shaffer

Good Company License #RCO-6502380733

Good Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925 | Remodeled in 2015

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 33.34x108.9

Parking

  • Garage

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,270 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

Community Details

  • 2 Units
  • The Little Farms Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2534204021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,017

Year Built

Built in 1925 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 1 1/2 Story
  • Year Built: 1925
  • Year Renovated: 2015
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1270
  • Total Sq Ft: 1270
  • Sq Ft Total Bsmt: 872

Exterior Features

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

Garage/Parking

  • MF Parking: Garages

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

Schools

  • School District: Ferndale

Lot Info

  • List Price per Acre: 2998750.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 33.34X108.9
  • Parcel Number: 2534204021
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 2150

Tax Info

  • Tax Amount Summer: 4869.0000
  • Tax Amount Winter: 148.0000
  • Total Tax: 5017.0000

Multi Family

  • Gross Scheduled Income: 25800.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2023
Closed on
Oct 20, 2023
Sold by
Mattison Jason R
Bought by
Czinder Nicholas Joseph
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
James Gillen III
Liberty Way Realty
List Price
$300,000
Sold Price
$290,000
Premium/Discount to List
-$10,000
-3.33%
Views
104
Current Estimated Value
$304,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,277
Avg. Annual Appreciation
1.48%
Original Mortgage
$217,500
Outstanding Balance
$214,056
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$83,654

Purchase Details

Listed on
May 11, 2018
Closed on
Jun 20, 2018
Sold by
Gast Jacquelyn E
Bought by
Matlison Jason R
Seller's Agent
Chad Hooks
Berkshire Hathaway HomeServices Kee Realty Bham
Buyer's Agent
Jim Shaffer
Good Company
List Price
$244,900
Sold Price
$215,000
Premium/Discount to List
-$29,900
-12.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Original Mortgage
$161,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 9, 2015
Closed on
Mar 4, 2016
Sold by
Donovan Brian
Bought by
Gast Jacquelyn E
Seller's Agent
Luke Johnson
EXP Realty Main
Buyer's Agent
Kevin Wobbe
@properties Christie's Int'l R.E. Detroit
List Price
$179,900
Sold Price
$182,700
Premium/Discount to List
$2,800
1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$146,100
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2010
Sold by
Chase Home Finance Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 15, 2010
Sold by
Telegadas Eleas
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Jun 27, 2003
Sold by
Metro Real Estate Investment Group Inc and Olson Perry
Bought by
Telegadas Eleas

Purchase Details

Closed on
Mar 22, 2000
Sold by
Olson Perry J
Bought by
Metro Real Estate Inv Group I
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $290,000 None Listed On Document
Warranty Deed $215,000 First American Title
Warranty Deed $182,700 Liberty Title
Quit Claim Deed -- None Available
Sheriffs Deed $96,945 None Available
Warranty Deed $116,000 Title One Inc
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $217,500 New Conventional
Previous Owner $161,250 New Conventional
Previous Owner $146,100 New Conventional
Previous Owner $130,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $290,000 -3.3% $258 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/17/2023 09/17/23 For Sale $300,000 +39.5% $266 / Sq Ft
07/09/2018 07/09/18 Sold $215,000 -10.4% $169 / Sq Ft
06/14/2018 06/14/18 Pending -- -- --
06/06/2018 06/06/18 Price Changed $239,900 -2.0% $189 / Sq Ft
05/11/2018 05/11/18 For Sale $244,900 +34.0% $193 / Sq Ft
02/26/2016 02/26/16 Sold $182,700 +1.6% $144 / Sq Ft
12/14/2015 12/14/15 Pending -- -- --
12/09/2015 12/09/15 For Sale $179,900 -- $142 / 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
2024 $8,458 $121,130 $0 $0
2023 $7,592 $119,230 $0 $0
2022 $7,529 $113,540 $0 $0
2021 $7,503 $108,740 $0 $0
2020 $7,180 $105,330 $0 $0
2019 $7,234 $96,310 $0 $0
2018 $6,653 $87,140 $0 $0
2017 $5,017 $84,690 $0 $0
2016 $2,033 $52,690 $0 $0
2015 -- $44,650 $0 $0
2014 -- $37,400 $0 $0
2011 -- $36,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218041142

Realcomp

APN: 25-34-204-021