NOT LISTED FOR SALE

274 Withington St Ferndale, MI 48220

Estimated Value: $247,000 - $382,000

3 Beds
2 Baths
1,432 Sq Ft
$228/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $350,000 $244 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,108/month

12 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Private Entrance
  • Attic Fan
  • Garage
  • Laundry Facilities

About This Home

As of April 2022

This is probably the best location in Ferndale for a duplex as it is one block west of Woodward and one street north of 9 Mile, so it is an easy walk to all of the stores, bars, and restaurants. The duplex has a I bedroom unit on the second floor that rents for $1,100 per month and a 2-bedroom unit on the main floor that rents for $1,300 per month. Both leases expire on 4/30/2022. There is a 2-car detached garage that currently goes to the main floor tenant. There is a separate parking space off the driveway for the 2°' floor tenant. The basement is common and has an extra full bathroom, storage, and laundry facilities. The home is in excellent shape with beautiful hardwood flooring throughout and it has a new roof, new furnace, and it has C/A.

Last Agent to Sell the Property

James Wolfe

Century 21 Curran & Oberski License #6501204079 Listed on: 03/31/2022

Century 21 Curran & Oberski

Last Buyer's Agent

Joe Hammel

Keller Williams Somerset License #6501422602

Keller Williams Somerset

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1930

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50.00x152.00
  • Private Entrance

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,432 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic Fan

Parking

  • Garage
  • On-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2527377021

Community Details

Overview

  • 2 Units
  • Woodward Heights Sub Ferndale Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,268

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 1 1/2 Story
  • Year Built: 1930
  • State Equalized Value: 120760.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Sq Ft Combined: 1432
  • Total Sq Ft: 1432
  • Sq Ft Total Bsmt: 818

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Lighting, Private Entry
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: Garages, On Street

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Attic Fan, Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Schools

  • School District: Ferndale

Lot Info

  • Lot Size Area: 0.17
  • Lot Dimensions: 50.00X152.00
  • Parcel Number: 2527377021
  • Zoning: Residential

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 2400

Tax Info

  • Tax Amount Summer: 8063.0000
  • Tax Amount Winter: 205.0000
  • Total Tax: 8268.0000
  • Taxable Value: 111700.0000

Multi Family

  • Gross Scheduled Income: 28800.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Apr 28, 2022
Sold by
Barron Joshua M
Bought by
Withington Property Group Llc
Seller's Agent
James Wolfe
Century 21 Curran & Oberski
Buyer's Agent
Joe Hammel
Keller Williams Somerset
Sold Price
$350,000
Current Estimated Value
$327,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,000
Avg. Annual Appreciation
-2.20%

Purchase Details

Listed on
Jan 8, 2016
Closed on
Mar 11, 2016
Sold by
Smar Karen J
Bought by
Barron Joshua M
Seller's Agent
James Wolfe
Century 21 Curran & Oberski
Buyer's Agent
James Wolfe
Century 21 Curran & Oberski
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
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
Withington Property Group Llc $350,000 None Listed On Document
Barron Joshua M $210,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $350,000 +26823.1% $244 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
05/01/2021 05/01/21 Rented $1,300 0.0% --
03/29/2021 03/29/21 Under Contract -- -- --
03/23/2021 03/23/21 For Rent $1,300 +18.2% --
07/01/2020 07/01/20 Rented $1,100 0.0% --
06/23/2020 06/23/20 Under Contract -- -- --
06/03/2020 06/03/20 For Rent $1,100 -8.3% --
03/01/2020 03/01/20 Rented $1,200 0.0% --
02/28/2020 02/28/20 Under Contract -- -- --
02/17/2020 02/17/20 Price Changed $1,200 -4.0% $1 / Sq Ft
02/08/2020 02/08/20 Price Changed $1,250 -3.8% $1 / Sq Ft
01/20/2020 01/20/20 Price Changed $1,300 -7.1% $1 / Sq Ft
01/02/2020 01/02/20 For Rent $1,400 0.0% --
03/11/2016 03/11/16 Sold $210,000 -6.7% $147 / Sq Ft
01/28/2016 01/28/16 Pending -- -- --
01/08/2016 01/08/16 For Sale $225,000 -- $157 / 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 $10,310 $152,320 $0 $0
2023 $10,256 $146,280 $0 $0
2022 $8,297 $132,340 $0 $0
2021 $8,268 $120,760 $0 $0
2020 $7,907 $118,470 $0 $0
2019 $7,969 $114,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220020230

Realcomp

APN: 25-27-377-021