NOT LISTED FOR SALE

317 Silman St Ferndale, MI 48220

Estimated Value: $283,447 - $320,000

3 Beds
2 Baths
1,463 Sq Ft
$207/Sq Ft Est. Value

Sale Details

Date Sold: March 29, 2019

Last sale price $193,000 $132 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,296 / mo

107 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • Ceiling Fan

About This Home

As of March 2019

AWESOME FERNDALE DUPLEX IN A FANTASTIC LOCATION. THIS IS A GREAT INVESTMENT OPPORTUNITY. THIS PROPERTY FEATURES ONE UNIT WITH 1 BEDROOM, AND ONE UNIT WITH 2 BEDROOMS! SHARED UNFINISHED BASEMENT. STORAGE IN SHARED GARAGE. AVAILABLE TO PURCHASE AS A PACKAGE WITH OTHER MULTI FAMILY PROPERTIES: 3030 GRAYSON- MLS 218108171, 4811 BRIARWOOD - MLS 218108181 , 308 W 12 MILE - 218108114, & 229 FIELDING - MLS 218108218. THIS PROPERTY QUALIFIES FOR SPECIAL FINANCING

Last Agent to Sell the Property

Eric Jurmo

KW Platinum License #6501347983 Listed on: 11/14/2018

KW Platinum

Last Buyer's Agent

Eric Jurmo

KW Platinum License #6501347983 Listed on: 11/14/2018

KW Platinum

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1929

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00x130.00

Parking

  • Assigned Parking

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,463 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Partially Finished Basement

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • 2 Units
  • Stormfeltz Lovely Co Woodward Ave Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2534428045
  • $3,000 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,248

Year Built

Built in 1929

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 283
  • Year Built: 1929
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 1463

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: Assigned Spaces

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 1661708.3333
  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00X130.00
  • Parcel Number: 2534428045
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1670

Tax Info

  • Tax Amount Summer: 4156.0000
  • Tax Amount Winter: 92.0000
  • Total Tax: 4248.0000

Multi Family

  • Gross Scheduled Income: 20040.00
  • 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
Nov 14, 2018
Closed on
Mar 29, 2019
Sold by
Bought by
Seller's Agent
Eric Jurmo
KW Platinum
Buyer's Agent
Eric Jurmo
KW Platinum
List Price
$209,900
Sold Price
$193,000
Premium/Discount to List
-$16,900
-8.05%
Current Estimated Value
$303,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,112
Avg. Annual Appreciation
6.43%
Original Mortgage
$183,350
Outstanding Balance
$160,205
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$142,907

Purchase Details

Closed on
Sep 26, 2011
Sold by
Bought by

Purchase Details

Closed on
Jun 2, 2010
Sold by
Bought by

Purchase Details

Closed on
Jul 26, 2004
Sold by
Bought by
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
$193,000 Cislo Title Co
$90,000 Parks
-- None Available
-- --
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 $183,350
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
03/29/2019 03/29/19 Sold $193,000 -3.2% $132 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
02/20/2019 02/20/19 Price Changed $199,405 -5.0% $136 / Sq Ft
11/14/2018 11/14/18 For Sale $209,900 -- $143 / 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 $7,905 $137,200 $0 $0
2024 $7,763 $133,450 $0 $0
2023 $5,563 $122,080 $0 $0
2022 $5,592 $110,820 $0 $0
2021 $5,625 $103,170 $0 $0
2020 $5,331 $96,880 $0 $0
2019 $3,262 $84,730 $0 $0
2018 $4,250 $77,800 $0 $0
2017 $4,189 $76,560 $0 $0
2016 $4,142 $71,230 $0 $0
2015 -- $63,730 $0 $0
2014 -- $55,210 $0 $0
2011 -- $52,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Jurmo

    Seller's Agent in 2019

    Eric Jurmo

    KW Platinum

    (586) 524-1829

    264 Total Sales

    Eric Jurmo
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Map

Source: Realcomp

MLS Number: 218108138

Realcomp

APN: 25-34-428-045

Michigan Oakland County Ferndale 48220

317 Silman St, Ferndale, MI

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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