NOT LISTED FOR SALE

2939 Ferris Ave Royal Oak, MI 48073

Estimated Value: $346,881 - $399,000

3 Beds
2 Baths
1,250 Sq Ft
$297/Sq Ft Est. Value

Last Sold November 07, 2014

Last sale price $196,000 $157 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,345/month

25 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Bungalow
  • No HOA
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of November 2014

Super cute Royal Oak bungalow in the highly desired Red Run neighborhood. Sun-filled rooms, neutral decor, beautiful hardwood floors & plantation shutters. Updated kitchen with stainless appliances. Master bedroom with walk-in closet, built-ins and a spa-like bath. Lot is deep, fenced with a nice deck. Basement is partially finished to boot! A must see.

Last Agent to Sell the Property

Sara Storch Lipnitz

The Agency Hall & Hunter License #6501309217 Listed on: 09/08/2014

The Agency Hall & Hunter

Last Buyer's Agent

Carol Van Dyke Dietrich

Oak and Stone Real Estate License #6501255108

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1949

Lot Details

  • Lot Dimensions are 45x135
  • Level Lot

Home Design

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

Interior Spaces

  • 1,250 Sq Ft Home
  • 1.5-Story Property
  • Security System Leased
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Red Run Heights Sub No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2510206029

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,702

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Humidifier, Security Alarm (rented)
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1750
  • Sq Ft Lower Floor: 500
  • Total Sq Ft: 1250
  • Sq Ft Total Bsmt: 725

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 45
  • Porch Type: Deck, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Door Opener, Electricity
  • Garage: Yes

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)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Royal Oak

Lot Info

  • Lot Features: Level
  • Lot Dimensions: 45X135
  • Parcel Number: 2510206029

Tax Info

  • Tax Amount Summer: 3374.0000
  • Tax Amount Winter: 328.0000
  • Total Tax: 3702.0000

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2014
Closed on
Nov 7, 2014
Sold by
Jeross Mark H and Sharon Alona
Bought by
Schepperly Heather
Seller's Agent
Sara Storch Lipnitz
The Agency Hall & Hunter
Buyer's Agent
Carol Van Dyke Dietrich
Oak and Stone Real Estate
List Price
$209,000
Sold Price
$196,000
Premium/Discount to List
-$13,000
-6.22%
Current Estimated Value
$370,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,970
Avg. Annual Appreciation
5.58%
Original Mortgage
$192,449
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 2002
Sold by
Styles Colin W
Bought by
Jeross Mark H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.7%

Purchase Details

Closed on
May 26, 1999
Sold by
Depolo Christopher B
Bought by
Styles Nicole R
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
Schepperly Heather $196,000 None Available
Jeross Mark H $190,000 --
Styles Nicole R $159,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schepperly Heather $175,531
Closed Schepperly Heather $192,422
Closed Schepperly Heather $192,449
Previous Owner Jeross Mark H $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2014 11/07/14 Sold $196,000 -6.2% $157 / Sq Ft
10/03/2014 10/03/14 Pending -- -- --
09/08/2014 09/08/14 For Sale $209,000 -- $167 / 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 $3,890 $129,200 $0 $0
2022 $5,093 $115,330 $0 $0
2020 $3,462 $101,640 $0 $0
2018 $5,093 $91,420 $0 $0
2017 $3,397 $91,420 $0 $0
2015 -- $81,790 $0 $0
2014 -- $75,440 $0 $0
2011 -- $68,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214093651

Realcomp

APN: 25-10-206-029