NOT LISTED FOR SALE

304 W Webster St Ferndale, MI 48220

Estimated Value: $274,000 - $302,000

3 Beds
2 Baths
1,696 Sq Ft
$170/Sq Ft Est. Value

Last Sold February 04, 2020

Last sale price $200,000 $118 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,227/month

4 Days on Market

Highlights

  • Tudor Architecture
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of February 2020

Don't miss out on this awesome opportunity in Fashionable Ferndale. Tudor-style 2 family home with amazing charcter, quality, and details. Separate entry units. Lower-(Ideal for owner occupant), large living room with fireplace and stained hardwood floors, perfect white kitchen with stainless steel appliances, 2 great bedrooms, and a formal dining room with original sconces and chandelier. The bathroom is also remodeled in white. The upper unit will delight all who enter. Bright, leaded glass windows in living room, formal dining room with oak floors. Huge bedroom with 3 closets and balcony. Vintage kitchen with appliances. Strong Ferndale location. Immediate occupancy. Currently rental certified.

Last Agent to Sell the Property

Keith Weber

RE/MAX First License #6501239845 Listed on: 01/13/2020

RE/MAX First

Last Buyer's Agent

Robert Coburn

RE/MAX First License #6501265468

RE/MAX First

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35 x 122

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 1,696 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Parking

  • Paved Parking
  • On-Street Parking
  • Unassigned Parking

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2534452039

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex, Tudor
  • Architecture Level: 2 Story
  • Assessment: Unknown
  • Year Built: 1928
  • State Equalized Value: 94370.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1696
  • Total Sq Ft: 1696
  • Sq Ft Total Bsmt: 981

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 35
  • Porch Type: Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

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

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

Schools

  • School District: Ferndale

Lot Info

  • List Price per Acre: 1999000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 35 x 122
  • Parcel Number: 2534452039
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 2240

Tax Info

  • Tax Amount Summer: 6454.5800
  • Tax Amount Winter: 152.8500
  • Total Tax: 6607.4300
  • Taxable Value: 87620.0000

Multi Family

  • Gross Scheduled Income: 26880.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2020
Closed on
Feb 4, 2020
Sold by
Kingsbury Street Properties Llc
Bought by
Mitchell David and Mitchell Renee
Seller's Agent
Keith Weber
RE/MAX First
Buyer's Agent
Robert Coburn
RE/MAX First
List Price
$199,900
Sold Price
$200,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$286,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,780
Avg. Annual Appreciation
6.51%

Purchase Details

Listed on
Aug 12, 2016
Closed on
Oct 4, 2016
Sold by
Bailey Teresa L
Bought by
Kingsbury Street Properties Llc
Seller's Agent
Robert Coburn
RE/MAX First
Buyer's Agent
Keith Weber
RE/MAX First
List Price
$169,900
Sold Price
$155,000
Premium/Discount to List
-$14,900
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%

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
Jan 28, 2002
Sold by
Kendall Lee D
Bought by
Bailey Carl S
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
Mitchell David $200,000 Partners Title Agency Llc
Kingsbury Street Properties Llc $155,000 Equity National Title
Bailey Teresa L -- None Available
Bailey Carl S $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bailey Carl S $107,279
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2020 02/04/20 Sold $200,000 +0.1% $118 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $199,900 +29.0% $118 / Sq Ft
10/04/2016 10/04/16 Sold $155,000 -8.8% $91 / Sq Ft
09/15/2016 09/15/16 Pending -- -- --
08/12/2016 08/12/16 For Sale $169,900 -- $100 / 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 $7,884 $126,860 $0 $0
2023 $7,617 $113,940 $0 $0
2022 $7,553 $105,140 $0 $0
2021 $7,527 $99,830 $0 $0
2020 $6,559 $99,950 $0 $0
2019 $6,607 $94,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200004075

Realcomp

APN: 25-34-452-039