NOT LISTED FOR SALE

2860 Wolcott St Ferndale, MI 48220

Estimated Value: $250,000 - $262,092

2 Beds
2 Baths
1,116 Sq Ft
$230/Sq Ft Est. Value

Last Sold October 18, 2021

Last sale price $200,000 $179 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,807/month

18 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Shed
  • No HOA
  • Bungalow
  • 3-minute walk to Harding Park

About This Home

As of October 2021

Beautiful corner lot bungalow in Ferndale features a private primary suite, tall vaulted ceilings, two full baths, and a spacious kitchen. Covered front porch leads to a bright living room with hardwood floors, vaulted ceilings, and wood beams. Open dining room flows into the tile floored kitchen with stainless steel appliances and ample cabinet and counter space. Lovely back bonus room with matching tile and sliding glass door to the back deck. Nice sized entry level bedroom with lots of closet space. Full bath down the hallway. Large primary suite overlooks the living room from the second floor with its own en suite full bath. Basement with laundry area and plenty of storage space. Big fenced backyard with a deck. Great location, walking distance to local parks, shopping, and restaurants. Welcome Home!

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 09/01/2021

Good Company

Last Buyer's Agent

Jim Casey

Signature Sotheby's International Realty Bham License #6501206440

Signature Sotheby's International Realty Bham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1925 | Remodeled in 2007

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50.00x100.00
  • Fenced

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,116 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Unfinished Basement

Kitchen

  • Free-Standing Gas Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Shed

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • 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 2527282001
  • $2,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,700

Year Built

Built in 1925 | Remodeled in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1925
  • State Equalized Value: 89560.0000
  • Year Renovated: 2007
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Range Hood, Washer
  • Total Sq Ft: 1116

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Porch Type: Porch - Covered, Deck, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Fencing: Fenced

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.12
  • Lot Dimensions: 50.00X100.00
  • Parcel Number: 2527282001

Tax Info

  • Tax Amount Summer: 2614.0000
  • Tax Amount Winter: 86.0000
  • Total Tax: 2700.0000
  • Taxable Value: 46320.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Oct 18, 2021
Sold by
Merritt Leslie E and Shewach Leslie E
Bought by
Mcbride Mark
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Jim Casey
Signature Sotheby's International Realty Bham
List Price
$209,900
Sold Price
$200,000
Premium/Discount to List
-$9,900
-4.72%
Current Estimated Value
$256,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,523
Avg. Annual Appreciation
6.37%
Original Mortgage
$180,000
Outstanding Balance
$164,732
Interest Rate
3.05%
Estimated Equity
$91,791

Purchase Details

Listed on
May 30, 2012
Closed on
Sep 26, 2013
Sold by
Emmerson Charles and Emerson Shannon R
Bought by
Shewach Leslie E
Seller's Agent
Catherine Hunter
Berkshire Hathaway HomeServices Kee Realty Bham
Buyer's Agent
Deborah Smith
Keller Williams Home
List Price
$125,000
Sold Price
$110,000
Premium/Discount to List
-$15,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%

Purchase Details

Closed on
Sep 18, 2012
Sold by
Emmerson Richard
Bought by
Emmerson Charles

Purchase Details

Closed on
Oct 10, 2006
Sold by
Fannie Mae
Bought by
Emmerson Charles and Emmerson Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2006
Sold by
Chase Home Finance Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 23, 2006
Sold by
Erfe Felix E and Erfe Rosario S
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Sep 14, 2000
Sold by
Erfe Felix
Bought by
Erfe Investments

Purchase Details

Closed on
Jul 11, 1997
Sold by
Ts Enterprises Inc
Bought by
Erfe Felix E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,300
Interest Rate
7.94%

Purchase Details

Closed on
Oct 11, 1995
Sold by
Spinner Lewis H
Bought by
T S Enterprises Inc

Purchase Details

Closed on
Mar 13, 1995
Sold by
Wallace Kathy L
Bought by
Prefferred Property Investments Inc

Purchase Details

Closed on
Oct 4, 1994
Sold by
Shrf Thomas G Septer Pr
Bought by
Kerr William G
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
Mcbride Mark $200,000 Parks Title
Shewach Leslie E $110,000 None Available
Emmerson Charles -- None Available
Emmerson Charles $75,000 None Available
Federal National Mortgage Association -- None Available
Chase Home Finance Llc $82,886 None Available
Erfe Investments -- --
Erfe Felix E $47,000 --
T S Enterprises Inc -- --
Prefferred Property Investments Inc $26,000 --
Kerr William G $20,509 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcbride Mark $180,000
Previous Owner Emmerson Charles $60,000
Previous Owner Erfe Felix E $42,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2021 10/18/21 Sold $200,000 -4.7% $179 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $209,900 +90.8% $188 / Sq Ft
10/01/2013 10/01/13 Sold $110,000 -12.0% $99 / Sq Ft View Prior Sale
09/20/2013 09/20/13 Pending -- -- --
05/30/2012 05/30/12 For Sale $125,000 -- $112 / 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 $5,571 $121,870 $0 $0
2023 $5,419 $110,760 $0 $0
2022 $5,454 $101,120 $0 $0
2021 $2,722 $95,220 $0 $0
2020 $2,614 $89,560 $0 $0
2019 $2,622 $83,080 $0 $0
2018 $2,632 $73,450 $0 $0
2017 $3,268 $72,430 $0 $0
2016 $3,131 $66,070 $0 $0
2015 -- $59,270 $0 $0
2014 -- $42,320 $0 $0
2011 -- $38,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210073202

Realcomp

APN: 25-27-282-001