NOT LISTED FOR SALE

334 E Drayton St Ferndale, MI 48220

Estimated Value: $292,486 - $332,000

3 Beds
2 Baths
1,587 Sq Ft
$200/Sq Ft Est. Value

Last Sold October 06, 2020

Last sale price $233,000 $147 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,309/month

9 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • 2 Car Garage
  • Covered Patio or Porch
  • Ceiling Fan
  • Fenced

About This Home

As of October 2020

Wonderful home in Ferndale with a big private backyard and hardwood floors throughout. This home offers the flexibility of splitting the home into 2 rental units or living in one half and renting the other. Bright living room with coved ceilings flows into the dining room with a wide passageway. Kitchen features ample cabinet and counter space. Two nice sized bedrooms share a full bath with tile shower on the entry level. Upper unit features a similar layout with hardwood floors and one bedroom. Large shared basement with laundry and plenty of storage space. Big backyard with a patio and detached two car garage. Great location close to Woodward Ave. shopping and a large open space across the street for exercising pets. Welcome Home!

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 09/10/2020

Good Company

Last Buyer's Agent

Elizabeth Primeau

@properties Christie's Int'l R.E. Royal Oak License #6501399455

@properties Christie's Int'l R.E. Royal Oak

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00x129.00
  • Fenced

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,587 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement

Outdoor Features

  • Covered 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
  • Woodward Heights Sub No 2 Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2527327023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,224

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1926
  • State Equalized Value: 79760.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1587
  • Total Sq Ft: 1587
  • Sq Ft Total Bsmt: 693

Exterior Features

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

Garage/Parking

  • MF Parking: Garage
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Schools

  • School District: Ferndale

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00X129.00
  • Parcel Number: 2527327023
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 2161.0000
  • Tax Amount Winter: 63.0000
  • Total Tax: 2224.0000
  • Taxable Value: 35900.0000

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2021
Sold by
Joseph Garatoni and Joseph Peter
Bought by
Lgm Real Estate Llc
Current Estimated Value
$317,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,100
Outstanding Balance
$169,537
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$147,835

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 6, 2020
Sold by
Hobbs Samuel and Yambor Anne
Bought by
Lgm Real Estate Llc
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Elizabeth Primeau
@properties Christie's Int'l R.E. Royal Oak
List Price
$275,000
Sold Price
$233,000
Premium/Discount to List
-$42,000
-15.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%

Purchase Details

Closed on
Dec 9, 2008
Sold by
Haig Andrew
Bought by
Hobbs Samuel and Yambor Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,502
Interest Rate
6.49%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 1998
Sold by
Staub Katrina H
Bought by
Haig Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
6.99%

Purchase Details

Closed on
Feb 16, 1996
Sold by
Staub Katrina H
Bought by
Staub Katrina H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,250
Interest Rate
7.05%
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
Lgm Real Estate Llc -- New Title Company Name
Garatoni Lisa-Marie -- New Title Company Name
Lgm Real Estate Llc $233,000 Parks Title
Hobbs Samuel $115,000 Stewart Title
Haig Andrew $116,000 --
Staub Katrina H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garatoni Lisa-Marie $184,100
Previous Owner Hobbs Samuel $113,502
Previous Owner Haig Andrew $104,400
Previous Owner Staub Katrina H $55,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2020 10/06/20 Sold $233,000 -15.3% $147 / Sq Ft
09/20/2020 09/20/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $275,000 -- $173 / 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 $7,572 $123,500 $0 $0
2023 $7,315 $114,450 $0 $0
2022 $7,253 $103,790 $0 $0
2021 $7,228 $95,710 $0 $0
2020 $2,192 $89,150 $0 $0
2019 $2,223 $79,760 $0 $0
2018 $2,229 $66,350 $0 $0
2017 $2,400 $65,170 $0 $0
2016 $2,172 $59,710 $0 $0
2015 -- $54,740 $0 $0
2014 -- $45,460 $0 $0
2011 -- $44,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Shaffer

    Seller's Agent in 2020

    Jim Shaffer

    Good Company

    (248) 834-3030

    453 in this area

    3,724 Total Sales

    Jim Shaffer
    Section Image
  • Elizabeth Primeau

    Buyer's Agent in 2020

    Elizabeth Primeau

    @properties Christie's Int'l R.E. Royal Oak

    (248) 225-8960

    4 in this area

    134 Total Sales

    Elizabeth Primeau
    Section Image
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Map

Source: Realcomp

MLS Number: 2200071858

Realcomp

APN: 25-27-327-023

Michigan Oakland County Ferndale 48220

334 E Drayton St, Ferndale, MI

This home is located at 334 E Drayton St, Ferndale, MI 48220 since 10 September 2020 and is currently estimated at $317,372, approximately $199 per square foot. This property was built in 1926. 334 E Drayton St is a home located in Oakland County with nearby schools including Ferndale Lower Elementary Campus, Ferndale Upper Elementary Campus, and Ferndale Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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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