NOT LISTED FOR SALE

Estimated Value: $273,000 - $310,378

3 Beds
2 Baths
1,150 Sq Ft
$250/Sq Ft Est. Value

Sale Details

Date Sold: January 29, 2024

Last sale price $245,000 $213 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,875 / mo

83 Days on Market

About This Home

As of January 2024

This Charming two-unit home is just steps from Downtown Ferndale and only minutes away from Downtown Royal Oak. Sitting on an oversized lot, this home is perfect for living in one unit and renting the other unit. Close to 9 mile, I-75 and 696. This multi-family home is completely turn-key and ready to live in! Don't miss your chance at an amazing investment opportunity!

Upper unit is curently tenant occupied and will only be available to view after accepted offer. The photos of the upper unit are the cream-colored walls. Grey walls is bottom unit. Upper unit being rented out for $825 currently but could likely get $1,000. Lower unit is vacant.

Last Agent to Sell the Property

Chelsea Thomas

Real Broker, LLC Birmingham License #6501436582 Listed on: 10/27/2023

Real Broker, LLC Birmingham

Co-Listed By

Ron Rocz

Real Broker, LLC Birmingham License #6501316032

Last Buyer's Agent

Karriem Hunter

Good Company License #RCO-6501409416

Good Company

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 73x108

Parking

  • Garage

Home Design

  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,150 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2534203044

Community Details

Overview

  • 2 Units
  • The Little Farms Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 309.00
  • Year Built: 1926
  • State Equalized Value: 135640.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1150

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Window Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.18
  • Lot Dimensions: 73x108
  • Parcel Number: 2534203044
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 7524.0000
  • Tax Amount Winter: 184.0000
  • Total Tax: 7708.0000
  • Taxable Value: 106900.0000

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Ferndale

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Jan 29, 2024
Sold by
Ahler Holdings Llc
Bought by
Seller's Agent
Chelsea Thomas
Real Broker, LLC Birmingham
Buyer's Agent
Karriem Hunter
Good Company
List Price
$290,000
Sold Price
$245,000
Premium/Discount to List
-$45,000
-15.52%
Views
175
Current Estimated Value
$287,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,595
Avg. Annual Appreciation
6.31%

Purchase Details

Closed on
Sep 18, 2019
Sold by
Abler Properties Llc
Bought by
Abler Ryan

Purchase Details

Listed on
Feb 4, 2019
Closed on
Mar 1, 2019
Sold by
Truesdail Doug
Bought by
Ahler Properties Llc
Seller's Agent
Robert Coburn
RE/MAX First
Buyer's Agent
Ron Rocz
Real Broker, LLC Birmingham
List Price
$195,000
Sold Price
$190,000
Premium/Discount to List
-$5,000
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%

Purchase Details

Closed on
Feb 1, 2016
Sold by
Truesdail Abeer
Bought by
Truesdail Doug

Purchase Details

Closed on
Dec 15, 1997
Sold by
Stastny Joseph D
Bought by
Truesdail Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,700
Interest Rate
7.18%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Ferndale, MI

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$245,000 Ata National Title
Bordeaux Kollette $245,000 Ata National Title
Abler Ryan -- None Available
Ahler Properties Llc $190,000 Devon Title Agency
Truesdail Doug -- Attorney
Truesdail Douglas $83,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $64,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2024 01/29/24 Sold $245,000 -6.8% $213 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
12/21/2023 12/21/23 Price Changed $263,000 -0.8% $229 / Sq Ft
12/05/2023 12/05/23 Price Changed $265,000 -3.6% $230 / Sq Ft
11/08/2023 11/08/23 Price Changed $275,000 -5.2% $239 / Sq Ft
10/27/2023 10/27/23 For Sale $290,000 +52.6% $252 / Sq Ft
03/01/2019 03/01/19 Sold $190,000 -2.6% $165 / Sq Ft View Prior Sale
02/09/2019 02/09/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $195,000 -- $170 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,398 $152,220 $0 $0
2024 $7,788 $142,140 $0 $0
2023 $7,524 $135,640 $0 $0
2022 $7,460 $122,050 $0 $0
2021 $7,435 $106,250 $0 $0
2020 $7,115 $97,200 $0 $0
2019 $3,161 $86,060 $0 $0
2018 $3,150 $71,090 $0 $0
2017 $3,105 $68,600 $0 $0
2016 $3,068 $56,090 $0 $0
2015 -- $48,190 $0 $0
2014 -- $41,740 $0 $0
2011 -- $49,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230079691

Realcomp

APN: 25-34-203-044

Your Personal Tour Guide

Ask me questions while you tour the home.