NOT LISTED FOR SALE

261 College St Ferndale, MI 48220

Estimated Value: $181,000 - $211,329

3 Beds
1 Bath
811 Sq Ft
$246/Sq Ft Est. Value

Last Sold July 23, 2015

Last sale price $91,000 $112 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,370/month

29 Days on Market

Highlights

  • No HOA
  • Bungalow
  • 1 Car Garage
  • Enclosed patio or porch
  • 1-Story Property
  • High Speed Internet

About This Home

As of July 2015

Incredible opportunity. Only a few blocks from downtown Ferndale! "Very Walkable" (Dining & Drinking); Close to shopping, errands, parks, schools, culture and entertainment.

Newly renovated custom tile bathroom (2008); Roof (7 years old); New vinyl windows throughout; Hardwood floors refinished; New carpet in bedrooms; Open floor plan in living room and dining room; 3 season enclosed front porch and rear mud room provide additional square footage; large private backyard.

Last Agent to Sell the Property

Michael Solan

Max Broock, REALTORS®-Bloomfield Hills License #6501360423 Listed on: 06/11/2015

Max Broock, REALTORS®-Bloomfield Hills

Last Buyer's Agent

Paul Curtis

Red Door Realty Inc License #6502368652

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1919

Lot Details

  • 5,227

Parking

  • 1 Car Garage

Home Design

  • Bungalow
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 811 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater
  • High Speed Internet

Additional Features

  • Enclosed patio or porch
  • 5,227 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2534205034

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,986

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 Story
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: High Spd Internet Avail
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 811
  • Total Sq Ft: 811

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Aluminum, Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 50
  • Porch Type: Porch - Enclosed
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Wall Unit(s)
  • Heating: Radiant
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • List Price per Acre: 741666.6667
  • Lot Size Area: 0.12
  • Lot Dimensions: 50 X 108.9 = 5445
  • Parcel Number: 2534205034

Tax Info

  • Tax Amount Summer: 1951.0000
  • Tax Amount Winter: 35.0000
  • Total Tax: 1986.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2018
Sold by
Kohl John
Bought by
261 College Llc
Total Days on Market
29
Current Estimated Value
$199,332

Purchase Details

Listed on
Jun 11, 2015
Closed on
Jul 23, 2015
Sold by
Randall Caroline
Bought by
Kohl John
Seller's Agent
Michael Solan
Max Broock, REALTORS®-Bloomfield Hills
Buyer's Agent
Paul Curtis
Red Door Realty Inc
List Price
$89,000
Sold Price
$91,000
Premium/Discount to List
$2,000
2.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%

Purchase Details

Closed on
Sep 17, 2004
Sold by
Martsching Lynn and Grose Lynn
Bought by
Randall Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,950
Interest Rate
5.93%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 29, 1997
Sold by
K K Homes
Bought by
Grose Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
7.24%
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 Buyer Sale Price Title Company
261 College Llc -- None Available
Kohl John $91,000 None Available
Randall Caroline $94,900 Title One Inc
Grose Lynn $64,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Randall Caroline $100,688
Previous Owner Randall Caroline $18,950
Previous Owner Randall Caroline $75,920
Previous Owner Grose Lynn $59,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2015 07/23/15 Sold $91,000 +2.2% $112 / Sq Ft
07/10/2015 07/10/15 Pending -- -- --
06/11/2015 06/11/15 For Sale $89,000 0.0% $110 / Sq Ft
06/18/2012 06/18/12 Rented $825 0.0% --
04/04/2012 04/04/12 Under Contract -- -- --
02/28/2012 02/28/12 For Rent $825 -- --
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 $3,007 $86,700 $0 $0
2023 $2,903 $84,710 $0 $0
2022 $2,875 $73,030 $0 $0
2021 $2,866 $61,180 $0 $0
2020 $2,745 $54,580 $0 $0
2019 $2,765 $50,550 $0 $0
2018 $2,757 $41,890 $0 $0
2017 $2,717 $39,430 $0 $0
2016 $2,682 $34,120 $0 $0
2015 -- $28,480 $0 $0
2014 -- $25,240 $0 $0
2011 -- $34,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215059969

Realcomp

APN: 25-34-205-034