NOT LISTED FOR SALE

307 E Webster St Ferndale, MI 48220

Estimated Value: $336,000 - $381,000

4 Beds
2 Baths
1,748 Sq Ft
$206/Sq Ft Est. Value

Sale Details

Date Sold: August 30, 2022

Last sale price $343,000 $196 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,756 / mo

51 Days on Market

About This Home

As of August 2022

Great Investment. Turn-key, brick duplex in Ferndale. Two 2 BDR/1BTH. Separately metered. Newer furnaces and hot water heaters. New water service line. Plenty of parking. 2 sets of washer and dryers. Hardwood throughout. Easy to rent. Great yard. Entry level is vacant and available for showing. No Upper Flat showings until an approved contract and pre-approval letter. Tenants split water and snow 50/50. No sub-agency offerred.

Last Agent to Sell the Property

Luke Johnson

EXP Realty Main License #6501257132 Listed on: 06/09/2022

EXP Realty Main

Last Buyer's Agent

James Orr

RE/MAX First License #6501360148

RE/MAX First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1927

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40x159

Parking

  • 5 Car Garage

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 1,748 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2534476043

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,330

Year Built

Built in 1927

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1927
  • State Equalized Value: 119000.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1748

Exterior Features

  • Roof Material: Composition
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages
  • Total Parking Spaces: 5

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Community

Lot Info

  • Lot Size Area: 0.14
  • Lot Dimensions: 40x159
  • Parcel Number: 2534476043
  • Zoning: Multi-Family

Rental Info

  • Deposit Amount: 70000.00
  • Rent Includes: Water
  • Monthly Rental Income: 1300

Tax Info

  • Tax Amount Summer: 4220.0000
  • Tax Amount Winter: 110.0000
  • Total Tax: 4330.0000
  • Taxable Value: 61000.0000

Multi Family

  • Gross Scheduled Income: 15600.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Ferndale

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Aug 30, 2022
Sold by
Bought by
Seller's Agent
Luke Johnson
EXP Realty Main
Buyer's Agent
James Orr
RE/MAX First
List Price
$350,000
Sold Price
$343,000
Premium/Discount to List
-$7,000
-2%
Views
1
Current Estimated Value
$358,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,059
Avg. Annual Appreciation
1.24%
Original Mortgage
$240,000
Interest Rate
0.0499%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 22, 2013
Closed on
Sep 23, 2013
Sold by
Bought by
Seller's Agent
Roy Wilson
Remerica United Realty
Buyer's Agent
Roy Wilson
Remerica United Realty
List Price
$114,900
Sold Price
$89,750
Premium/Discount to List
-$25,150
-21.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.18%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$343,000 Parks Title
$89,750 Fat
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $240,000
Closed $240,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2022 08/30/22 Sold $343,000 0.0% $196 / Sq Ft
08/10/2022 08/10/22 Off Market $343,000 -- --
07/30/2022 07/30/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $350,000 0.0% $200 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $350,000 +290.0% $200 / Sq Ft
09/23/2013 09/23/13 Sold $89,750 -21.9% $49 / Sq Ft View Prior Sale
09/23/2013 09/23/13 Pending -- -- --
09/22/2013 09/22/13 For Sale $114,900 -- $62 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $10,268 $156,990 $0 $0
2024 $10,094 $153,090 $0 $0
2023 $9,758 $139,990 $0 $0
2022 $4,680 $127,280 $0 $0
2021 $4,664 $118,900 $0 $0
2020 $4,468 $112,290 $0 $0
2019 $4,500 $98,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Luke Johnson

    Seller's Agent in 2022

    Luke Johnson

    EXP Realty Main

    (248) 417-0630

    122 Total Sales

    Luke Johnson
    Section Image
  • James Orr

    Buyer's Agent in 2022

    James Orr

    RE/MAX of Southeast Michigan

    (248) 379-8902

    150 Total Sales

    James Orr
    Section Image

  • R

    Seller's Agent in 2013

    Roy Wilson

    Remerica United Realty

    Section Image
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Map

Source: Realcomp

MLS Number: 20221001684

Realcomp

APN: 25-34-476-043

Michigan Oakland County Ferndale 48220

307 E Webster St, Ferndale, MI

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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

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