NOT LISTED FOR SALE

259 Stratford Rd Ferndale, MI 48220

Estimated Value: $216,000 - $242,000

2 Beds
1 Bath
781 Sq Ft
$291/Sq Ft Est. Value

Last Sold October 23, 2023

Last sale price $215,000 $275 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,662/month

8 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 4-minute walk to Marie Park
  • Bungalow
  • Forced Air Heating and Cooling System

About This Home

As of October 2023

Step into this charming home nestled in the heart of the highly sought-after Ferndale neighborhood. Less than a mile from downtown Ferndale, this residence offers the perfect blend of tranquility and convenience. Throughout the main floor, you'll find beautiful hardwood floors that add warmth and character to the space. Sitting on a double lot, the fenced yard provides ample space for gardening and outdoor activities. Inside, the kitchen comes equipped with all the essential appliances. A partially finished basement offers versatility and additional storage capacity, while the included washer and dryer add convenience to your daily routine. Upstairs, there's potential for expansion, allowing you to create an additional bedroom, office, or a space tailored to your unique needs. Within walking distance, you'll discover several parks, perfect for outdoor recreation. For shopping and dining, quick access to Detroit's thriving Livernois Avenue of Fashion is just around the corner. Nearby attractions include the Ferndale Project Brewery (and Coffee Shop), Secret Bakery, and fitness enthusiasts will appreciate the convenience of Crossfit HCS Gym and other nearby fitness facilities. Schedule a viewing today! **HIGHEST & BEST DUE BY 6PM TOMORROW (10/07/2023)**

Last Agent to Sell the Property

Brittany Valensky

Quest Realty LLC License #6501379860 Listed on: 10/04/2023

Last Buyer's Agent

Carly Peil

RE/MAX Eclipse License #6501432709

RE/MAX Eclipse

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60x100

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 781 Sq Ft Home
  • 1-Story Property
  • Partially Finished Basement

Kitchen

  • Free-Standing Gas Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Kenilworth Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2533481050

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,440

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 Story
  • Assessment: 183.00
  • Year Built: 1925
  • State Equalized Value: 105080.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Gas Oven, Free-Standing Refrigerator, Microwave, Washer
  • Total Sq Ft: 781

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: 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: 0.14
  • Lot Dimensions: 60x100
  • Parcel Number: 2533481050

Tax Info

  • Tax Amount Summer: 3330.0000
  • Tax Amount Winter: 110.0000
  • Total Tax: 3440.0000
  • Taxable Value: 63820.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Oct 23, 2023
Sold by
Green Michael and Green Corissa
Bought by
Riddle Malachi and Riddle Erica
Seller's Agent
Brittany Valensky
Quest Realty LLC
Buyer's Agent
Carly Peil
RE/MAX Eclipse
List Price
$199,900
Sold Price
$215,000
Premium/Discount to List
$15,100
7.55%
Views
176
Current Estimated Value
$229,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,425
Avg. Annual Appreciation
2.57%
Original Mortgage
$208,550
Outstanding Balance
$204,828
Interest Rate
7.63%
Estimated Equity
$22,185

Purchase Details

Listed on
Dec 23, 2016
Closed on
Feb 10, 2017
Sold by
Amott Emma
Bought by
Green Michael and Green Corissa
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Mark DerManulian
HB Realty Partners
List Price
$114,900
Sold Price
$118,000
Premium/Discount to List
$3,100
2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%
Original Mortgage
$113,870
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 9, 2010
Sold by
Gould Andrew J and Research Federal Credit Union
Bought by
Community Choice Credit Union

Purchase Details

Closed on
Jun 30, 2003
Sold by
Edick Valerie A
Bought by
Gould Andrew

Purchase Details

Closed on
Aug 10, 2001
Sold by
Lee Richard T
Bought by
Edick Valerie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
6.97%

Purchase Details

Closed on
Sep 25, 1996
Sold by
Wilcox Harold R
Bought by
Fishbein Eric
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
Riddle Malachi $215,000 None Listed On Document
Green Michael $118,000 None Available
Community Choice Credit Union $36,000 None Available
Gould Andrew $127,000 Capital Title Ins Agency
Edick Valerie A $110,000 --
Fishbein Eric $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riddle Malachi $208,550
Previous Owner Green Michael $113,870
Previous Owner Edick Valerie A $104,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2023 10/23/23 Sold $215,000 +7.6% $275 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $199,900 +69.4% $256 / Sq Ft
02/10/2017 02/10/17 Sold $118,000 +2.7% $151 / Sq Ft View Prior Sale
12/28/2016 12/28/16 Pending -- -- --
12/23/2016 12/23/16 For Sale $114,900 -- $147 / 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 $5,482 $109,620 $0 $0
2023 $3,330 $105,080 $0 $0
2022 $3,348 $96,970 $0 $0
2021 $3,368 $82,930 $0 $0
2020 $3,191 $75,710 $0 $0
2019 $3,243 $65,930 $0 $0
2018 $4,466 $55,630 $0 $0
2017 $1,543 $43,680 $0 $0
2016 $2,438 $36,290 $0 $0
2015 -- $27,190 $0 $0
2014 -- $23,970 $0 $0
2011 -- $37,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brittany Valensky

    Seller's Agent in 2023

    Brittany Valensky

    Quest Realty LLC

    (586) 872-9916

    1 in this area

    103 Total Sales

    Brittany Valensky
    Section Image
  • Carly Peil

    Buyer's Agent in 2023

    Carly Peil

    RE/MAX

    (989) 525-3094

    5 in this area

    48 Total Sales

    Carly Peil
    Section Image
  • Jim Shaffer

    Seller's Agent in 2017

    Jim Shaffer

    Good Company

    (248) 834-3030

    451 in this area

    3,697 Total Sales

    Jim Shaffer
    Section Image
  • Mark DerManulian

    Buyer's Agent in 2017

    Mark DerManulian

    HB Realty Partners

    (313) 530-3536

    5 in this area

    239 Total Sales

    Mark DerManulian
    Section Image
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Map

Source: Realcomp

MLS Number: 20230083475

Realcomp

APN: 25-33-481-050

Michigan Oakland County Ferndale 48220

259 Stratford Rd, Ferndale, MI

Not Listed for Sale

Detached

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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

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