NOT LISTED FOR SALE

315 Vester St Ferndale, MI 48220

Estimated Value: $256,000 - $307,317

2 Beds
2 Baths
921 Sq Ft
$311/Sq Ft Est. Value

Last Sold June 29, 2016

Last sale price $195,000 $212 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,095/month

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • No HOA
  • 1 Car Detached Garage
  • Laundry Facilities

About This Home

As of October 2021

This home is located only a few steps to downtown Fabulous Ferndale where you can enjoy the energetic community vibe & embed yourself in the local lifestyle. Two bedrooms & 2 baths, this place is exceptionally clean, thoughtfully updated and lovingly cared for by the owner who is now offering to you for lease. You will love the convenience of being able to walk to your favorite places and when commuting is a necessity this central location allows for quick access to downtown Detroit and all major freeways. Updated kitchen with stainless appliances, updated baths, neutral paint and newer hardwood flooring throughout main floor. Extra room in basement may be used for office or guest bedroom. Laundry in basement and garage parking. This is a rare combination of everything you could possibly wish for. Minimum 1 yr lease, longer terms preferred. 1.5 mo sec deposit, $300 non refundable & $50 application fee. This is a non smoking property.

Last Agent to Rent the Property

Scott McDonald

Metro Investments Realty, Inc. License #6502410381 Listed on: 10/08/2021

Last Renter's Agent

Scott McDonald

Metro Investments Realty, Inc. License #6502410381 Listed on: 10/08/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,468

Year Built

  • Built in 1923

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 30.00x131.00

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 921 Sq Ft Home
  • Partially Finished Basement
  • Sump Pump

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • Security Deposit $2,850
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Application Fee: 45.00
  • Assessor Parcel Number 2527453041

Community Details

Overview

  • No Home Owners Association
  • Aston's Sub Of Knowles Heights Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,468

Year Built

Built in 1923

Lot Details

0

Rental Info

  • Application Fee: 45.00
  • Lease Type: Single Family House
  • Rent Includes: Trash Collection (Garbage Pickup)
  • Security Deposit: 2850.00
  • Tenant Amenities: Laundry In-Unit

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1923
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 10
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Washer
  • Sq Ft Combined: 1546
  • Sq Ft Lower Floor: 625
  • Total Sq Ft: 921
  • Sq Ft Total Bsmt: 921

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Porch Type: Porch - Covered, Porch
  • 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)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 300.00

Schools

  • School District: Ferndale

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 30.00X131.00
  • Parcel Number: 2527453041

Multi Family

  • Length of Lease: 12 Months, 13-24 Months, 25-36 Months

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2025
Sold by
Frantz William L
Bought by
William L Frantz Revocable Living Trust and Frantz
Current Estimated Value
$286,079

Purchase Details

Listed on
Mar 15, 2016
Closed on
Jun 29, 2016
Sold by
Colvin Michael and Calvin Michael
Bought by
Frantz William L
Seller's Agent
Chad Hooks
Berkshire Hathaway HomeServices Kee Realty Bham
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%
Original Mortgage
$185,250
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2002
Sold by
Boomer Maria
Bought by
Boomer Maria

Purchase Details

Closed on
Jun 25, 2002
Sold by
Boomer Maria
Bought by
Tormen Enrico
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
William L Frantz Revocable Living Trust -- None Listed On Document
William L Frantz Revocable Living Trust -- None Listed On Document
Frantz William L $195,000 Devonshire Title Agency
Boomer Maria -- --
Tormen Enrico -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frantz William $185,250
Previous Owner Colvin Michael A $80,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2021 10/21/21 Rented $1,900 0.0% --
10/19/2021 10/19/21 Under Contract -- -- --
10/08/2021 10/08/21 For Rent $1,900 0.0% --
06/29/2016 06/29/16 Sold $195,000 -2.5% $217 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $199,900 +98.9% $222 / Sq Ft
06/22/2015 06/22/15 Sold $100,500 +0.6% $121 / Sq Ft
05/06/2015 05/06/15 Pending -- -- --
04/26/2015 04/26/15 For Sale $99,900 -- $120 / 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 $6,468 $118,680 $0 $0
2023 $6,255 $117,420 $0 $0
2022 $6,205 $115,750 $0 $0
2021 $4,676 $113,880 $0 $0
2020 $4,429 $106,630 $0 $0
2019 $4,502 $98,020 $0 $0
2018 $4,519 $86,370 $0 $0
2017 $4,461 $76,800 $0 $0
2016 $3,567 $45,290 $0 $0
2015 -- $39,690 $0 $0
2014 -- $34,620 $0 $0
2011 -- $39,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210084832

Realcomp

APN: 25-27-453-041