NOT LISTED FOR SALE

270 Ardmore Dr Ferndale, MI 48220

Estimated Value: $290,748 - $330,000

3 Beds
2 Baths
1,276 Sq Ft
$241/Sq Ft Est. Value

Last Sold December 07, 2018

Last sale price $195,000 $153 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,130/month

23 Days on Market

Highlights

  • Deck
  • Programmable Thermostat
  • Humidifier
  • Enclosed Patio or Porch
  • Forced Air Heating and Cooling System
  • Ceiling Fan

About This Home

As of December 2018

Wonderful investment opportunity in the heart of Downtown Ferndale! Both units have been quickly leased each year and are currently being leased until July 2019 (upper unit) & June 2019. The main level unit boats beautiful hardwood floors, an open eat-in kitchen, a nicely updated full bath and 2 well-sized bedrooms. Don't miss the charming enclosed front porch, great for entertaining! The upper unit has a separate entry at the back door. The full bathroom flooring was recently updated. It houses a quaint kitchen, living room and bedroom with two closet spaces. Both units share the basement with laundry. Rent includes utilities (gas & electric). This house is located on a great street just minutes away from all that Ferndale has to offer including shopping, award winning restaurants and entertainment. Must see!

Last Agent to Sell the Property

Sarah Varilek

Max Broock, REALTORS®-Birmingham License #6501364327 Listed on: 10/22/2018

Last Buyer's Agent

Jennifer Arnold

Real Estate One-Clinton Twp License #6501371242

Real Estate One-Clinton Twp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1922

Lot Details

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

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 1,276 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Unfinished Basement

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2534204024

Community Details

Overview

  • 2 Units
  • The Little Farms Sub Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,444

Year Built

Built in 1922

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 1 1/2 Story
  • Assessment: 84.54
  • Year Built: 1922
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Laundry Facility, Programmable Thermostat
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1276

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Vinyl
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Porch Type: Deck, Porch - Enclosed
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 2623750.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 33.34X108.9
  • Parcel Number: 2534204024
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Electric, Trash Collection (Garbage Pickup), Heat, Water/Sewer
  • Monthly Rental Income: 2170

Tax Info

  • Tax Amount Summer: 3263.0000
  • Tax Amount Winter: 181.0000
  • Total Tax: 3444.0000

Multi Family

  • Gross Scheduled Income: 26040.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2018
Closed on
Dec 7, 2018
Sold by
Tolevich Katelyn and Keller Katelyn D
Bought by
Abi Samra Charbel
Seller's Agent
Sarah Varilek
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Jennifer Arnold
Real Estate One-Clinton Twp
List Price
$209,900
Sold Price
$195,000
Premium/Discount to List
-$14,900
-7.1%
Current Estimated Value
$307,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,437
Avg. Annual Appreciation
6.45%

Purchase Details

Listed on
Sep 8, 2015
Closed on
Nov 20, 2015
Sold by
Sullivan Shelley K and The Charles E Green Trust
Bought by
Keller Katelyn D
Seller's Agent
James Silver
Keller Williams Somerset
Buyer's Agent
Sarah Varilek
Max Broock, REALTORS®-Birmingham
List Price
$189,900
Sold Price
$169,500
Premium/Discount to List
-$20,400
-10.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%
Original Mortgage
$166,429
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 20, 2012
Sold by
Green Charles E and Green Shirley A
Bought by
Green Charles E and Charles E Green Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Abi Samra Charbel $195,000 None Available
Keller Katelyn D $169,500 Fat
Green Charles E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keller Katelyn D $166,429
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2018 12/07/18 Sold $195,000 -7.1% $153 / Sq Ft
11/14/2018 11/14/18 Pending -- -- --
10/22/2018 10/22/18 For Sale $209,900 0.0% $164 / Sq Ft
07/05/2018 07/05/18 Rented $800 0.0% --
06/21/2018 06/21/18 Under Contract -- -- --
06/08/2018 06/08/18 For Rent $800 -36.0% --
07/05/2017 07/05/17 Rented $1,250 -7.4% --
06/06/2017 06/06/17 Under Contract -- -- --
05/15/2017 05/15/17 For Rent $1,350 +58.8% --
04/11/2017 04/11/17 Rented $850 0.0% --
03/21/2017 03/21/17 Under Contract -- -- --
03/02/2017 03/02/17 For Rent $850 -29.2% --
02/26/2016 02/26/16 Rented $1,200 0.0% --
02/16/2016 02/16/16 Under Contract -- -- --
01/06/2016 01/06/16 For Rent $1,200 0.0% --
11/20/2015 11/20/15 Sold $169,500 0.0% $133 / Sq Ft View Prior Sale
11/20/2015 11/20/15 Sold $169,500 -10.7% $144 / Sq Ft View Prior Sale
10/07/2015 10/07/15 Pending -- -- --
10/07/2015 10/07/15 Pending -- -- --
09/08/2015 09/08/15 For Sale $189,900 0.0% $149 / Sq Ft
05/14/2015 05/14/15 For Sale $189,900 -- $161 / Sq Ft
Source: Realcomp

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 $6,363 $121,700 $0 $0
2024 $6,126 $118,580 $0 $0
2023 $5,942 $116,640 $0 $0
2022 $7,474 $110,950 $0 $0
2021 $7,449 $106,070 $0 $0
2020 $7,364 $104,550 $0 $0
2019 $7,182 $95,590 $0 $0
2018 $3,402 $90,180 $0 $0
2017 $3,444 $87,680 $0 $0
2016 $3,320 $54,570 $0 $0
2015 -- $46,360 $0 $0
2014 -- $38,930 $0 $0
2011 -- $37,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218103152

Realcomp

APN: 25-34-204-024

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