NOT LISTED FOR SALE

286 W Webster St Ferndale, MI 48220

Estimated Value: $250,000 - $343,000

2 Beds
1 Bath
860 Sq Ft
$325/Sq Ft Est. Value

Last Sold October 31, 2016

Last sale price $90,000 $105 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $1,976/month

Highlights

  • Ground Level Unit
  • Bungalow
  • Cats Allowed
  • No HOA
  • Forced Air Heating System

About This Home

As of May 2023

This is 2 units flat; lower unit only for lease. Please do not disturb tenant on the second floor.
To rent must have a job with income of not less than $4000.00 per month and credit score of not less than 675, also no past eviction.
Completely updated 2 Family Bungalow Home for rent! New appliances, newer GFA furnaces 2016, updated plumbing. Common
basement. Tenants pay utilities. This 2 Bedroom Main floor unit has a lot of charm and walking distance to beautiful artsy downtown Ferndale!

Last Agent to Rent the Property

Joseph Manuel

My Realty LLC License #6501302689 Listed on: 03/27/2023

Last Renter's Agent

Colleen Dely

Good Company License #6501430981

Good Company

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35.00x122.00

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 860 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Adolph Sloman's Woodward Blvd Sub Subdivision

Listing and Financial Details

  • Security Deposit $2,093
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Assessor Parcel Number 2534452041

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Rental Info

  • Lease Type: Single Family House
  • Security Deposit: 2092.50

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1926
  • Entry Location: Ground Level
  • Pets Allowed: Cats OK
  • AgentOnly_ListPriceByAcre: 13950.0000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 860

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 35.00X122.00
  • Parcel Number: 2534452041

Multi Family

  • Length of Lease: 12 Months, 13-24 Months

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2016
Closed on
Oct 31, 2016
Sold by
Khan Aslf
Bought by
286 Webster Llc
Seller's Agent
Keith Weber
RE/MAX First
Buyer's Agent
Joseph Manuel
WEICHERT, REALTORS®-Select
List Price
$129,900
Sold Price
$90,000
Premium/Discount to List
-$39,900
-30.72%
Current Estimated Value
$279,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,106
Avg. Annual Appreciation
13.08%

Purchase Details

Closed on
Aug 17, 2012
Sold by
Stonecrest Income & Oppurtunity Fund 1 L
Bought by
Khan Asif

Purchase Details

Closed on
Apr 9, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 23, 2010
Sold by
Frees Edward L
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
May 24, 1999
Sold by
Noffze-Neely Properties
Bought by
Frees Edward L

Purchase Details

Closed on
Mar 2, 1998
Sold by
Noffze Donna K
Bought by
Noffze Neely Prop

Purchase Details

Closed on
Feb 6, 1996
Sold by
Frees Cheryl K
Bought by
Frees Edward L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
286 Webster Llc $90,000 Partners Title Agency Llc
Khan Asif $1,000 None Available
Federal National Mortgage Association -- None Available
Bac Home Loans Servicing Lp $42,591 None Available
Frees Edward L $46,900 --
Noffze Neely Prop -- --
Frees Edward L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2023 05/17/23 Rented $1,395 0.0% --
05/01/2023 05/01/23 Under Contract -- -- --
03/27/2023 03/27/23 For Rent $1,395 +20.8% --
06/01/2020 06/01/20 Rented $1,155 0.0% --
05/25/2020 05/25/20 Under Contract -- -- --
05/09/2020 05/09/20 For Rent $1,155 +5.0% --
06/01/2017 06/01/17 Rented $1,100 0.0% --
05/03/2017 05/03/17 Under Contract -- -- --
04/22/2017 04/22/17 For Rent $1,100 0.0% --
03/28/2017 03/28/17 Off Market $1,100 -- --
03/20/2017 03/20/17 For Rent $1,100 0.0% --
02/23/2017 02/23/17 Off Market $1,100 -- --
02/20/2017 02/20/17 For Rent $1,100 0.0% --
10/31/2016 10/31/16 Sold $90,000 -30.7% $67 / Sq Ft View Prior Sale
10/13/2016 10/13/16 Pending -- -- --
09/20/2016 09/20/16 For Sale $129,900 -- $97 / 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
2025 $6,194 $116,020 $0 $0
2024 $6,014 $110,670 $0 $0
2023 $5,806 $101,140 $0 $0
2022 $5,753 $92,920 $0 $0
2021 $5,734 $87,170 $0 $0
2020 $5,491 $84,270 $0 $0
2019 $5,530 $78,310 $0 $0
2018 $5,513 $70,990 $0 $0
2017 $5,495 $70,370 $0 $0
2016 $2,359 $58,170 $0 $0
2015 -- $24,100 $0 $0
2014 -- $20,880 $0 $0
2011 -- $38,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230022532

Realcomp

APN: 25-34-452-041