NOT LISTED FOR SALE

326 Stratford Rd Ferndale, MI 48220

Estimated Value: $254,000 - $286,000

3 Beds
2 Baths
1,316 Sq Ft
$203/Sq Ft Est. Value

Last Sold November 02, 2016

Last sale price $140,500 $107 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,881/month

75 Days on Market

Highlights

  • Enclosed Patio or Porch
  • Fenced
  • 4-minute walk to Ferndale Memorial Mall
  • Forced Air Heating System

About This Home

As of November 2016

A true "Craftsman Style" income bungalow. Lower unit features 2 bedrooms, large living room, formal dining room, kitchen and full bath. There are oak hardwood floors, and plenty of the original character. The upper unit has a LR, Kitchen, & bedroom (all generous sized rooms). There is a wonderful front sitting porch for relaxing, & an enclosed back porch for a perfect bistro spot - Rental certified. Great investment for owner occupant or landlord. Make Home Here.

Last Agent to Sell the Property

Keith Weber

RE/MAX First License #6501239845 Listed on: 07/13/2016

RE/MAX First

Last Buyer's Agent

Susan Berry

Real Living Kee Realty-Troy License #RCO-6501373220

Real Living Kee Realty-Troy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 40x173
  • Fenced

Home Design

  • Block Foundation
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 2 Full Bathrooms
  • 1,316 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • Harrington Woods Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2533482010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,366

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 1 1/2 Story
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common, Unfinished
  • Sq Ft Combined: 1316
  • Total Sq Ft: 1316
  • Sq Ft Total Bsmt: 877

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Cedar, Wood
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Porch - Covered, Porch - Enclosed
  • Road Frontage Type: Paved, Pub. Sidewalk

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Ferndale

Lot Info

  • List Price per Acre: 936875.0000
  • Lot Size Area: 0.16
  • Lot Dimensions: 40X173
  • Parcel Number: 2533482010
  • Zoning: Residential

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 605

Tax Info

  • Tax Amount Summer: 2315.0300
  • Tax Amount Winter: 50.9000
  • Total Tax: 2365.9300

Multi Family

  • Gross Scheduled Income: 7260.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 1

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2020
Sold by
Crumm Joseph
Bought by
Crumm Daniel
Current Estimated Value
$259,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Outstanding Balance
$120,258
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$137,538

Purchase Details

Listed on
Jul 13, 2016
Closed on
Nov 2, 2016
Sold by
Neu Properties Llc and Neu Robert A
Bought by
Crumm Joseph and Crumm Daniel
Seller's Agent
Keith Weber
RE/MAX First
Buyer's Agent
Susan Berry
Real Living Kee Realty-Troy
List Price
$155,000
Sold Price
$140,500
Premium/Discount to List
-$14,500
-9.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$137,954
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 9, 2015
Sold by
Neu Robert
Bought by
Neu Properties Llc

Purchase Details

Closed on
Apr 5, 2013
Sold by
Neu Properties Llc
Bought by
Neu Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,375
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2008
Sold by
Neu Robert A
Bought by
Neu Properties Llc
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
Crumm Daniel -- Independent Title Services
Crumm Joseph $140,500 Partners Title Agency Llc
Neu Properties Llc -- Attorney
Neu Robert -- None Available
Neu Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crumm Daniel $134,000
Closed Crumm Joseph $137,954
Previous Owner Neu Robert $92,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2016 11/02/16 Sold $140,500 -9.4% $107 / Sq Ft
09/26/2016 09/26/16 Pending -- -- --
07/13/2016 07/13/16 For Sale $155,000 -- $118 / 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 $5,617 $109,370 $0 $0
2023 $5,422 $104,940 $0 $0
2022 $5,372 $97,160 $0 $0
2021 $5,554 $86,150 $0 $0
2020 $3,999 $76,350 $0 $0
2019 $4,027 $66,290 $0 $0
2018 $3,093 $55,630 $0 $0
2017 $3,054 $49,600 $0 $0
2016 $2,404 $35,490 $0 $0
2015 -- $33,870 $0 $0
2014 -- $29,420 $0 $0
2011 -- $40,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216070366

Realcomp

APN: 25-33-482-010