NOT LISTED FOR SALE

305 E Oakridge St Ferndale, MI 48220

Estimated Value: $327,000 - $438,000

2 Beds
1 Bath
1,325 Sq Ft
$268/Sq Ft Est. Value

Highlights

  • Tudor Architecture
  • Porch
  • Forced Air Heating System
  • No HOA

About This Home

As of March 2024

Clean, affordable 1st floor apartment in a well maintained 2 flat building located on a pleasant block that is an easy walk to Woodward Avenue and downtown Ferndale amenities. This apartment has a vintage vibe w/many of the original construction features still in place...wood floors, accent windows in LR with leaded glass, glass door knobs, plaster detailing. Large dining room could easily be used as work from home space or use 2nd BR as a private office. Common basement provides lots of storage and has laundry room with washer/dryer for shared tenant use. Heat and water included in rent, tenant pays electricity (separate meters for each flat). Driveway and on street parking. No pets please, no exceptions. All applicants must complete owners application and have min 700 credit score, current references, verifiable income for consideration.

Last Agent to Rent the Property

Susan Carter

Sine & Monaghan, LLC License #6502365782 Listed on: 02/16/2024

Sine & Monaghan, LLC

Last Renter's Agent

Susan Carter

Sine & Monaghan, LLC License #6502365782 Listed on: 02/16/2024

Sine & Monaghan, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,764

Year Built

  • Built in 1929

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 40x168

Home Design

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

Interior Spaces

  • 1,325 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Kitchen

  • Free-Standing Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Woodward Heights Sub No 2 Ferndale Subdivision

Listing and Financial Details

  • Security Deposit $1,195
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Assessor Parcel Number 242527181058

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,764

Year Built

Built in 1929

Lot Details

0

Rental Info

  • Lease Type: Apartments
  • Rent Includes: Heat, Water
  • Security Deposit: 1195.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Tudor
  • Architecture Level: 2 Story
  • Year Built: 1929
  • Year Renovated: 1929
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Free-Standing Gas Oven, Free-Standing Refrigerator
  • Sq Ft Combined: 1325
  • Total Sq Ft: 1325
  • Sq Ft Total Bsmt: 863

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Window Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 100.00

Schools

  • School District: Ferndale

Lot Info

  • Lot Size Area: 0.15
  • Lot Dimensions: 40X168
  • Parcel Number: 242527181058

Multi Family

  • Length of Lease: 12 Months, 13-24 Months

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2011
Sold by
John Juergen Prost Living Trust
Bought by
Susan K Prost Llc
Current Estimated Value
$355,650

Purchase Details

Closed on
Jan 24, 2005
Sold by
Prost John J and Prost Susan K
Bought by
Prost John Juergen and Prost Susan Kathryn

Purchase Details

Closed on
May 26, 2004
Sold by
Prost John Juergen and John Juergen Prost Living Trus
Bought by
Prost John J and Prost Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,780
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2002
Sold by
Prost John J and Prost Susan K
Bought by
John Juergen Prost Living Trust and Susan Kathryn Prost Living Trust

Purchase Details

Closed on
Sep 22, 1994
Sold by
Gorbaty Arlene
Bought by
Prost John R and Prost K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,500
Interest Rate
8.55%
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
Susan K Prost Llc -- None Available
Prost John Juergen -- Metropolitan Title Company
Prost John J -- Metropolitan Title Company
John Juergen Prost Living Trust -- Metropolitan Title Company
Prost John R $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prost John J $175,780
Previous Owner Prost John R $45,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2024 03/02/24 Rented $995 -16.7% --
02/16/2024 02/16/24 Under Contract -- -- --
02/16/2024 02/16/24 For Rent $1,195 0.0% --
12/04/2020 12/04/20 Rented $1,195 0.0% --
12/02/2020 12/02/20 Under Contract -- -- --
11/18/2020 11/18/20 For Rent $1,195 -- --
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 $3,764 $142,960 $0 $0
2023 $3,628 $132,570 $0 $0
2022 $3,589 $120,370 $0 $0
2021 $3,578 $111,670 $0 $0
2020 $3,430 $104,640 $0 $0
2019 $3,453 $93,810 $0 $0
2018 $3,442 $83,640 $0 $0
2017 $3,580 $82,470 $0 $0
2016 $3,353 $75,640 $0 $0
2015 -- $69,260 $0 $0
2014 -- $57,130 $0 $0
2011 -- $54,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240007265

Realcomp

APN: 25-27-181-058