NOT LISTED FOR SALE

2855 Grayson St Ferndale, MI 48220

Estimated Value: $200,473 - $229,000

3 Beds
1 Bath
944 Sq Ft
$233/Sq Ft Est. Value

Last Sold April 18, 2014

Last sale price $42,000 $44 Per Sq Ft

Est. 423% increase in value since last sale

Current estimated payment $1,378/month

65 Days on Market

Highlights

  • 1.5-Story Property
  • Baseboard Heating
  • 4-minute walk to Harding Park
  • No HOA
  • Fenced

About This Home

As of April 2014

BANK APPROVED PRICE $42,000. SELLER TO CONTRIBUTE UP TO $2,000 TOWARDS PURCHASE PRICE. GREAT POTENTIAL, NEEDS SOME TLC. PROPERTY IS SOLD IN "AS IS" CONDITION. IF REQUIRED, BUYER IS RESPONSIBLE FOR CITY INSPECTION. SHORT SALE SUBJECT TO 3RD PARTY APPROVAL. ALL MEASUREMENTS AND DATE ARE APPROX, BUYERS AGENT TO VERIFY ALL DATA. PLEASE SCHEDULE ALL SHOWINGS VIA REALCOMP.

Last Agent to Sell the Property

Neal El-Sayed

Elegant Homes Realty License #6501307463 Listed on: 12/18/2013

Last Buyer's Agent

Neal El-Sayed

Elegant Homes Realty License #6501307463 Listed on: 12/18/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Fenced

Home Design

  • 1.5-Story Property

Interior Spaces

  • 944 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Exterior Lighting

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Campbell Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2527283012

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 1/2 Story
  • Assessment: YES
  • Year Built: 1925
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Total Sq Ft: 944

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Aluminum
  • Exterior Features: Fenced, Lighting
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 333333.3333
  • Lot Size Area: 0.12
  • Lot Dimensions: 50 X 100
  • Parcel Number: 2527283012

Tax Info

  • Tax Amount Summer: 1971.0000
  • Tax Amount Winter: 43.0000
  • Total Tax: 2014.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2013
Closed on
Apr 18, 2014
Sold by
Rouse James and Rouse Donna M
Bought by
Sunset Property 555 Llc and Patel Chetan
Seller's Agent
Neal El-Sayed
Elegant Homes Realty
Buyer's Agent
Neal El-Sayed
Elegant Homes Realty
List Price
$42,000
Sold Price
$42,000
Current Estimated Value
$219,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,618
Avg. Annual Appreciation
15.43%

Purchase Details

Closed on
Dec 11, 2013
Sold by
Nationstar Mortgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 22, 2013
Sold by
Rouse James S
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Nov 12, 2004
Sold by
Long Andrea
Bought by
Rouse James

Purchase Details

Closed on
Dec 1, 2000
Sold by
Deighan Joseph
Bought by
Long Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,425
Interest Rate
7.8%

Purchase Details

Closed on
Sep 12, 1997
Sold by
Davis David K
Bought by
Boulware Dan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,100
Interest Rate
7.54%
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
Sunset Property 555 Llc $42,000 Continental Title Agency Llc
Federal National Mortgage Association -- None Available
Nationstar Mortgage Llc $84,963 None Available
Rouse James $113,000 Capital Title Ins Agency
Long Andrea $102,500 --
Boulware Dan W $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Long Andrea $99,425
Previous Owner Boulware Dan W $61,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2014 04/18/14 Sold $42,000 0.0% $44 / Sq Ft
02/21/2014 02/21/14 Pending -- -- --
12/18/2013 12/18/13 For Sale $42,000 -- $44 / 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 $2,740 $88,180 $0 $0
2023 $2,645 $80,060 $0 $0
2022 $2,619 $71,680 $0 $0
2021 $2,610 $65,920 $0 $0
2020 $2,500 $57,730 $0 $0
2019 $2,519 $49,060 $0 $0
2018 $2,512 $41,070 $0 $0
2017 $2,475 $38,340 $0 $0
2016 $2,443 $32,940 $0 $0
2015 -- $30,800 $0 $0
2014 -- $26,020 $0 $0
2011 -- $33,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Neal El-Sayed

    Seller's Agent in 2014

    Neal El-Sayed

    Elegant Homes Realty

    (313) 399-2261

    1 in this area

    44 Total Sales

    Neal El-Sayed
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Map

Source: Realcomp

MLS Number: 213205133

Realcomp

APN: 25-27-283-012

Michigan Oakland County Ferndale 48220

2855 Grayson St, Ferndale, MI

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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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