NOT LISTED FOR SALE

270 E Woodland St Ferndale, MI 48220

Estimated Value: $296,000 - $329,072

3 Beds
2 Baths
1,506 Sq Ft
$209/Sq Ft Est. Value

Last Sold December 18, 2015

Last sale price $150,000 $100 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,080/month

8 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • Private Entrance
  • Balcony
  • Ceiling Fan
  • Fenced

About This Home

As of December 2015

Opportunity knocks! Vintage 1922 income Bungalow in North Ferndale within easy walk to all downtown festivals, restaurants, and entertainment. Two bedroom lower unit (currently vacant) and one bedroom upper unit (currently month to month at $535.00/month). Both units have private entry. Covered front porch and enclosed porch/balcony on second floor. New roof in 2010 (tear off). GFA furnace 2002, city rental license valid through 11/01/17. Same owner since 1966. Simple improvements could mean significantly higher rents. Ideal for owner occupant or investor. Make Home Here.

Last Agent to Sell the Property

Keith Weber

RE/MAX First License #6501239845 Listed on: 11/01/2015

RE/MAX First

Last Buyer's Agent

Matthew Barker

Max Broock, REALTORS®-Birmingham License #RCO-6501359589

Max Broock, REALTORS®-Birmingham

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1922

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x129
  • Private Entrance
  • Fenced

Parking

  • Paved Parking

Home Design

  • Block Foundation
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 2 Full Bathrooms
  • 1,506 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Shared Water Meter
  • Cable TV Available

Community Details

  • 2 Units
  • Woodward Heights Sub No 2 Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2527328025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,917

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 1 1/2 Story
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common
  • Sq Ft Combined: 1506
  • Total Sq Ft: 1506
  • Sq Ft Total Bsmt: 917

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Cedar
  • Exterior Features: Fenced, Lighting, Private Entry
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Balcony, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: Paved

Utilities

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

Schools

  • School District: Ferndale

Lot Info

  • List Price per Acre: 1249166.6667
  • Lot Size Area: 0.12
  • Lot Dimensions: 40X129
  • Parcel Number: 2527328025
  • Zoning: Residential

Rental Info

  • Rent Includes: Heat, Water/Sewer
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 535

Tax Info

  • Tax Amount Summer: 2852.1500
  • Tax Amount Winter: 65.2100
  • Total Tax: 2917.3600

Multi Family

  • Gross Scheduled Income: 6420.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 1

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2015
Closed on
Dec 18, 2015
Sold by
Vanderplas Thomas W and Vanderplas Ruth A
Bought by
Rentovich George
Seller's Agent
Keith Weber
RE/MAX First
Buyer's Agent
Matthew Barker
Max Broock, REALTORS®-Birmingham
List Price
$149,900
Sold Price
$150,000
Premium/Discount to List
$100
0.07%
Current Estimated Value
$314,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,268
Avg. Annual Appreciation
7.95%
Original Mortgage
$120,000
Outstanding Balance
$95,693
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$218,575
Source: Public Records

Range of Values:

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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
Rentovich George $150,000 Partners Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rentovich George $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2015 12/18/15 Sold $150,000 +0.1% $100 / Sq Ft
11/09/2015 11/09/15 Pending -- -- --
11/01/2015 11/01/15 For Sale $149,900 -- $100 / 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 $4,415 $138,610 $0 $0
2023 $4,249 $127,840 $0 $0
2022 $4,266 $117,850 $0 $0
2021 $4,291 $111,790 $0 $0
2020 $4,071 $107,280 $0 $0
2019 $4,134 $97,740 $0 $0
2018 $4,148 $81,160 $0 $0
2017 $4,162 $79,850 $0 $0
2016 $4,049 $67,610 $0 $0
2015 -- $61,990 $0 $0
2014 -- $51,310 $0 $0
2011 -- $45,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Keith Weber

    Seller's Agent in 2015

    Keith Weber

    RE/MAX of Southeast Michigan

    (248) 561-2708

    33 in this area

    126 Total Sales

    Keith Weber
    Section Image
  • Matthew Barker

    Buyer's Agent in 2015

    Matthew Barker

    Max Broock, REALTORS®-Birmingham

    (248) 807-2232

    3 in this area

    238 Total Sales

    Matthew Barker
    Section Image
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Map

Source: Realcomp

MLS Number: 215118010

Realcomp

APN: 25-27-328-025

Michigan Oakland County Ferndale 48220

270 E Woodland St, Ferndale, MI

This home is located at 270 E Woodland St, Ferndale, MI 48220 since 01 November 2015 and is currently estimated at $314,268, approximately $208 per square foot. This property was built in 1922. 270 E Woodland St is a home located in Oakland County with nearby schools including Ferndale Lower Elementary Campus, Ferndale Upper Elementary Campus, and Ferndale Middle School.

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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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