NOT LISTED FOR SALE

2861 Wolcott St Ferndale, MI 48220

Estimated Value: $206,000 - $232,000

3 Beds
1 Bath
950 Sq Ft
$232/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $189,900 $200 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,491/month

3 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating and Cooling System
  • Porch
  • 1-Story Property
  • 3-minute walk to Harding Park

About This Home

As of July 2021

CHARMING THREE BEDROOM BUNGALOW ON GREAT NORTH FERNDALE STREET. LARGE LIVING ROOM, KITCHEN WITH WHITE CABINETS AND APPLIANCES AND UPDATED CERAMIC TILE BATHROOM. REFINISHED HARDWOOD FLOORS AND FRESH INTERIOR PAINT. PROFESSIONALLY WATERPROOFED BASEMENT IN 2021, TANKLESS WATER HEATER IN 2015 AND FURNACE & AIR IN 2009. COVERED FRONT PORCH, LARGE FENCED CORNER LOT WITH LOTS OF OFF STREET PARKING. A VERY CLEAN HOME. SELLER PREFERS 30 DAYS OF OCCUPANCY.

Last Agent to Sell the Property

Robert Coburn

RE/MAX First License #6501265468 Listed on: 06/01/2021

RE/MAX First

Last Buyer's Agent

Griffin Krebsbach

O'Connor Realty Detroit, LLC License #6501415617

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50.00x125.00

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 950 Sq Ft Home
  • 1-Story Property
  • Free-Standing Gas Range
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Campbell Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2527281013
  • $1,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,739

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 Story
  • Year Built: 1925
  • State Equalized Value: 57060.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Washer
  • Total Sq Ft: 950

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Cedar
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • 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: 0.14
  • Lot Dimensions: 50.00X125.00
  • Parcel Number: 2527281013

Tax Info

  • Tax Amount Summer: 1685.0000
  • Tax Amount Winter: 54.0000
  • Total Tax: 1739.0000
  • Taxable Value: 29100.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jul 16, 2021
Sold by
Gerdan Aron T
Bought by
List Maxwell
Seller's Agent
Robert Coburn
RE/MAX First
Buyer's Agent
Griffin Krebsbach
O'Connor Realty Detroit, LLC
List Price
$189,900
Sold Price
$189,900
Current Estimated Value
$220,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,883
Avg. Annual Appreciation
3.58%
Original Mortgage
$180,405
Outstanding Balance
$163,839
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$56,944

Purchase Details

Closed on
Sep 26, 2003
Sold by
Fulton Arthur V
Bought by
Gerdan Aron T

Purchase Details

Closed on
Mar 2, 2001
Sold by
Doering Debra J
Bought by
Fulton Arthur
Source: Public Records

Range of Values:

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Average Value
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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
List Maxwell $189,900 Devon Title Agency
Gerdan Aron T $128,000 Metropolitan Title Company
Fulton Arthur $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open List Maxwell $180,405
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2021 07/19/21 Sold $189,900 0.0% $200 / Sq Ft
06/05/2021 06/05/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $189,900 -- $200 / 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 $4,033 $88,310 $0 $0
2023 $3,920 $81,520 $0 $0
2022 $3,942 $72,170 $0 $0
2021 $1,774 $65,700 $0 $0
2020 $1,685 $57,060 $0 $0
2019 $1,710 $48,380 $0 $0
2018 $1,716 $42,570 $0 $0
2017 $1,855 $39,720 $0 $0
2016 $1,669 $34,100 $0 $0
2015 -- $31,580 $0 $0
2014 -- $26,590 $0 $0
2011 -- $34,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Coburn

    Seller's Agent in 2021

    Robert Coburn

    RE/MAX of Southeast Michigan

    (586) 662-4444

    26 in this area

    238 Total Sales

    Robert Coburn
    Section Image
  • Griffin Krebsbach

    Buyer's Agent in 2021

    Griffin Krebsbach

    O'Connor Realty Detroit, LLC

    (734) 355-0660

    2 in this area

    58 Total Sales

    Griffin Krebsbach
    Section Image
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Map

Source: Realcomp

MLS Number: 2210040802

Realcomp

APN: 25-27-281-013

Michigan Oakland County Ferndale 48220

2861 Wolcott 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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