NOT LISTED FOR SALE

303 W Chesterfield St Ferndale, MI 48220

Estimated Value: $296,000 - $391,000

6 Beds
2.5 Baths
2,300 Sq Ft
$157/Sq Ft Est. Value

Last Sold October 30, 2017

Last sale price $199,000 $87 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,601/month

7 Days on Market

About This Home

As of October 2017

FERNDALE MULTI FAMILY WITH TWO THREE BEDROOM UNITS. BOTH UNITS FEATURE LARGE LIVING ROOMS, FORMAL DINING ROOMS AND CENTRAL AIR. HARDWOOD FLOORS, SEPARATE BASEMENTS WITH PRIVATE LAUNDRY AND STORAGE. UPPER UNIT HAS MANY NEW WINDOWS. LOWER UNIT HAS NEWER KITCHEN WITH GRANITE COUNTER TOPS AND NEWER CERAMIC TILED BATHROOM. BOTH UNITS HAVE STAINLESS APPLIANCES. SEPARATE GAS AND ELECTRIC METERING. WATER BILL IS SPLIT 50/50 BETWEEN UNITS. UPPER UNIT IS LEASED AT $1085.00 THROUGH JUNE 2018. LOWER UNIT LEASED AT $975.00 ON A MONTH TO MONTH BASIS. 24 HOURS NOTICE TO SHOW.

Last Agent to Sell the Property

Robert Coburn

RE/MAX First License #6501265468 Listed on: 09/07/2017

RE/MAX First

Last Buyer's Agent

Robert Coburn

RE/MAX First License #6501265468 Listed on: 09/07/2017

RE/MAX First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1927

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,300 Sq Ft Home
  • 2-Story Property
  • Basement

Parking

  • Paved Parking
  • On-Street Parking
  • Unassigned Parking

Utilities

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

Additional Features

  • Porch
  • Lot Dimensions are 35x122

Community Details

  • 2 Units
  • Adolph Sloman's Woodward Blvd Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2534454028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,806

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Private
  • Sq Ft Combined: 2300
  • Total Sq Ft: 2300
  • Sq Ft Total Bsmt: 1150

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 35
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street, Paved, Unassigned/General

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air, Separate Meter
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Ferndale

Lot Info

  • Lot Dimensions: 35X122
  • Parcel Number: 2534454028
  • Zone Conform: Yes
  • Zoning: Residential

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 2060

Tax Info

  • Tax Amount Summer: 3648.5200
  • Tax Amount Winter: 157.9400
  • Total Tax: 3806.4600

Multi Family

  • Gross Scheduled Income: 24720.00
  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2017
Closed on
Oct 30, 2017
Sold by
Bailey Teresa L
Bought by
Petro Nathan and Petro Barbara
Seller's Agent
Robert Coburn
RE/MAX First
Buyer's Agent
Robert Coburn
RE/MAX First
List Price
$239,900
Sold Price
$199,000
Premium/Discount to List
-$40,900
-17.05%
Current Estimated Value
$361,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,553
Avg. Annual Appreciation
6.75%

Purchase Details

Closed on
Jun 13, 2013
Sold by
Bailey Carl S and Bailey Teresa L
Bought by
Bailey Teresa L and Bailey Carl S

Purchase Details

Closed on
Oct 17, 1994
Sold by
Ogonowski Edwin C
Bought by
Bailey Teresa L and Bailey Carl S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,200
Interest Rate
8.86%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Petro Nathan $199,000 Devon Title Agency
Bailey Teresa L -- None Available
Bailey Teresa L $60,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bailey Teresa L $60,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2017 10/30/17 Sold $199,000 -17.0% $87 / Sq Ft
09/14/2017 09/14/17 Pending -- -- --
09/07/2017 09/07/17 For Sale $239,900 -- $104 / 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 $8,091 $153,470 $0 $0
2023 $7,817 $137,430 $0 $0
2022 $7,752 $125,040 $0 $0
2021 $7,725 $117,950 $0 $0
2020 $7,393 $117,610 $0 $0
2019 $7,449 $108,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Coburn

    Seller's Agent in 2017

    Robert Coburn

    RE/MAX of Southeast Michigan

    (586) 662-4444

    27 in this area

    242 Total Sales

    Robert Coburn
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 217080672

Realcomp

APN: 25-34-454-028

Michigan Oakland County Ferndale 48220

303 W Chesterfield St, Ferndale, MI

This home is located at 303 W Chesterfield St, Ferndale, MI 48220 since 07 September 2017 and is currently estimated at $361,553, approximately $157 per square foot. This property was built in 1927. 303 W Chesterfield St is a home located in Oakland County with nearby schools including Ferndale Lower Elementary Campus, Ferndale Upper Elementary Campus, and Ferndale Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
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

Nearby Homes