NOT LISTED FOR SALE

264 E Woodland St Ferndale, MI 48220

Estimated Value: $321,000 - $357,000

4 Beds
2 Baths
1,751 Sq Ft
$194/Sq Ft Est. Value

Last Sold August 16, 2012

Last sale price $36,000 $21 Per Sq Ft

Est. 844% increase in value since last sale

Current estimated payment $2,586/month

24 Days on Market

About This Home

As of August 2012

Registered two family home located in a great neighborhood North of 9 Mile Road. Some updates have been done and both units were recently rented out. Hardwood floors and appliances are in both units. Buy and start making money now. Bank of America Home Loans Prequalification required on all offers. Please allow 2-3 days for seller response.

Last Agent to Sell the Property

James Reed

DK Realty, LLC License #6501332952 Listed on: 06/15/2012

Last Buyer's Agent

Hubert Gedrich

H L Gedrich Realty Co License #RCO-6501108777

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x129

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,751 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Woodward Heights Sub No 2 Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2527328024

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: YES
  • Year Built: 1922
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 1751
  • Total Sq Ft: 1751

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Road Frontage Type: Paved
  • Sideof Street: S

Garage/Parking

  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Ferndale

Lot Info

  • List Price per Acre: 325833.0000
  • Lot Size Area: 0.12
  • Lot Dimensions: 40X129
  • Parcel Number: 2527328024
  • Encroachment: Yes
  • Zone Conform: Yes
  • Zoning: Multi-Family
  • Homestead Percent: 0 Percent

Rental Info

  • Legal Rental Certified: Yes

Tax Info

  • Tax Amount Summer: 3985.0000
  • Tax Amount Winter: 132.0000
  • Total Tax: 4117.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2021
Sold by
Kinariwala Vpul R
Bought by
264 E Woodland Llc
Current Estimated Value
$339,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$108,077
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$239,711

Purchase Details

Closed on
Oct 20, 2020
Sold by
264 E Woodland Llc
Bought by
Kinariwala Vipul R

Purchase Details

Closed on
Jul 14, 2020
Sold by
Kinariwala Vpul R
Bought by
264 E Woodland Llc

Purchase Details

Closed on
Nov 14, 2019
Sold by
Canis Properties Llc
Bought by
Kinariwala Vipul R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2015
Sold by
Dorr Bradley J and Dorr John
Bought by
Canis Properties Llc

Purchase Details

Listed on
Jun 15, 2012
Closed on
Aug 3, 2012
Sold by
Michigan Property Superstore
Bought by
264 Woodland Llc
Seller's Agent
James Reed
DK Realty, LLC
Buyer's Agent
Hubert Gedrich
H L Gedrich Realty Co
List Price
$39,100
Sold Price
$36,000
Premium/Discount to List
-$3,100
-7.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.01%

Purchase Details

Closed on
Sep 13, 2011
Sold by
Silver James and Benyas Dean F
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Nov 8, 2005
Sold by
Benyas Dean F and Benyas Deborah S
Bought by
Benyas Dean F and Benyas Deborah S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2000
Sold by
Mabel I Megran Tr
Bought by
Benyas Dean F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
8.31%

Purchase Details

Closed on
Aug 4, 1992
Sold by
Megran Mabel I
Bought by
Benyas Dean F
Source: Public Records

Range of Values:

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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
264 E Woodland Llc -- None Available
Kinariwala Vipul R -- None Listed On Document
264 E Woodland Llc -- None Available
Kinariwala Vipul R $220,000 Ret
Canis Properties Llc $747,000 None Available
264 Woodland Llc -- None Available
The Bank Of New York Mellon $198,752 None Available
Benyas Dean F -- Fidelity Natl Title Ins Co
Benyas Dean F $108,000 --
Benyas Dean F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kinariwala Vipul R $120,000
Previous Owner Kinariwala Vipul R $120,000
Previous Owner Silver James $168,000
Previous Owner Benyas Dean F $133,000
Previous Owner Benyas Dean F $75,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2012 08/16/12 Sold $36,000 -7.9% $21 / Sq Ft
07/09/2012 07/09/12 Pending -- -- --
06/15/2012 06/15/12 For Sale $39,100 -- $22 / 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 $8,822 $147,060 $0 $0
2023 $8,526 $136,650 $0 $0
2022 $8,456 $124,360 $0 $0
2021 $8,427 $116,710 $0 $0
2020 $8,064 $110,710 $0 $0
2019 $5,778 $99,320 $0 $0
2018 $5,760 $79,690 $0 $0
2017 $5,744 $78,670 $0 $0
2016 $5,617 $72,180 $0 $0
2015 -- $66,080 $0 $0
2014 -- $54,400 $0 $0
2011 -- $50,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 212061677

Realcomp

APN: 25-27-328-024