$292,000 - $365,432
RENTED OCT 14, 2024

305 W Troy St Ferndale, MI 48220

3 Beds
1 Bath
1,189 Sq Ft
$285 Price per Sq Ft

Last Sold May 08, 2024

Last sale price $365,000 $307 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,317/month

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • Ground Level Unit
  • 1 Car Detached Garage
  • Humidifier

About This Home

As of October 2024

Light and bright and in the heart of downtown Ferndale the the perfect 3 bedroom colonial. Remodeled kitchen with stylish two tone cabimest, granite countertops and stainless steel appliances. Nestle up to the barstool countertop in the kitchen, or have a sit down in meal the adjoning dininging room. Family room features a natural fireplace, hardwood floors, tons of natural light, and plenty of space to spread out and relax. Up a flight of stairs are three generously sized bedrooms and a fully remodeled bathroom. Step outside to spacious, fully fenced backyard, and side entry detached garage. The right home in the right location! Welcome home!

Last Agent to Rent the Property

Mark Shaftner

@properties Christie's Int'l R.E. Birmingham License #6501387198 Listed on: 07/17/2024

@properties Christie's Int'l R.E. Birmingham

Last Renter's Agent

Kaitlyn Pangrazzi

@properties Christie's Int'l R.E. Birmingham License #6501396235

@properties Christie's Int'l R.E. Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,509

Year Built

  • Built in 1917

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 62.00 x 114.00

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,189 Sq Ft Home
  • 2-Story Property
  • Dryer
  • Partially Finished Basement

Kitchen

  • Free-Standing Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

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

Community Details

  • No Home Owners Association
  • Elsinore Sub Subdivision

Listing and Financial Details

  • Security Deposit $4,500
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Application Fee: 75.00
  • Assessor Parcel Number 2534104023

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,509

Year Built

Built in 1917

Lot Details

0

Rental Info

  • Application Fee: 75.00
  • Lease Type: Single Family House
  • Security Deposit: 4500.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1917
  • Entry Location: Ground Level
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Humidifier
  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Oven, Free-Standing Refrigerator, Microwave
  • Sq Ft Combined: 1419
  • Sq Ft Lower Floor: 230
  • Total Sq Ft: 1189
  • Sq Ft Total Bsmt: 661

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 62
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • 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)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • Lot Size Area: 0.17
  • Lot Dimensions: 62.00 x 114.00
  • Parcel Number: 2534104023

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

Listed on
Mar 27, 2024
Closed on
May 8, 2024
Sold by
Teasdale Ryan and St John Janette
Bought by
Maiorino Donato
Seller's Agent
Steve Kaiser
Kaiser Realty Group LLC
Buyer's Agent
Mark Shaftner
@properties Christie's Int'l R.E. Birmingham
List Price
$370,000
Sold Price
$365,000
Premium/Discount to List
-$5,000
-1.35%
Views
51
Current Estimated Value
$339,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,642
Avg. Annual Appreciation
-1.40%
Original Mortgage
$358,388
Outstanding Balance
$354,897
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$3,696

Purchase Details

Closed on
Jan 9, 2017
Sold by
Berry Ali and Berry Sumer
Bought by
Teasdale Ryan and St John Janette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,377
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 2015
Sold by
Presti Laura J and Presti Bryan
Bought by
Berry Ali and Berry Sumer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2012
Closed on
Aug 2, 2012
Sold by
Ryan John H and Ryan Rosemary
Bought by
Bunting Laura and Presti Bryan
Seller's Agent
Kathleen Haack
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Al Schneider
ADVANCE REAL ESTATE, LLC
List Price
$119,900
Sold Price
$115,000
Premium/Discount to List
-$4,900
-4.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%
Original Mortgage
$110,975
Interest Rate
3.75%
Mortgage Type
FHA
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
Maiorino Donato $365,000 None Listed On Document
Maiorino Donato $365,000 None Listed On Document
Teasdale Ryan $200,000 Title Source Inc
Berry Ali $150,000 Title Source Inc
Bunting Laura $115,000 Interstate Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maiorino Donato $358,388
Closed Maiorino Donato $358,388
Previous Owner Leasdale Ryan $186,000
Previous Owner Teasdale Ryan $196,377
Previous Owner Berry Ali $120,000
Previous Owner Presti Laura J $120,000
Previous Owner Bunting Laura J $110,975
Previous Owner Ryan John $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2024 10/14/24 Rented $2,500 -9.1% --
10/13/2024 10/13/24 Under Contract -- -- --
07/23/2024 07/23/24 Price Changed $2,750 -8.3% $2 / Sq Ft
07/17/2024 07/17/24 For Rent $3,000 0.0% --
05/08/2024 05/08/24 Sold $365,000 -1.4% $307 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $370,000 +221.7% $311 / Sq Ft
08/02/2012 08/02/12 Sold $115,000 -4.1% $95 / Sq Ft
07/19/2012 07/19/12 Pending -- -- --
06/26/2012 06/26/12 For Sale $119,900 -- $99 / 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 $5,509 $155,740 $0 $0
2023 $5,358 $145,240 $0 $0
2022 $5,393 $132,730 $0 $0
2021 $5,426 $118,450 $0 $0
2020 $5,138 $111,340 $0 $0
2019 $5,223 $99,090 $0 $0
2018 $5,244 $91,470 $0 $0
2017 $4,761 $87,660 $0 $0
2016 $6,388 $81,420 $0 $0
2015 -- $71,250 $0 $0
2014 -- $61,790 $0 $0
2011 -- $60,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240051299

Realcomp

APN: 25-34-104-023