NOT LISTED FOR SALE

334 E Drayton St Ferndale, MI 48220

Ferndale Area

Estimated Value: $291,000 - $331,000

3 Beds
2 Baths
1,587 Sq Ft
$198/Sq Ft Est. Value

Sale Details

Date Sold: October 6, 2020

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

Est. 35% increase in value since last sale

Current estimated payment $2,354 / mo

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

5,227 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1926
  • State Equalized Value: 79760.0000
  • Pets Allowed: No
  • AgentOnly_ListPriceByAcre: 2291666.6667
  • 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
  • Total Sq Ft: 1587

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • 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)

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

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

Closed on
Dec 31, 2021
Sold by
Bought by
Current Estimated Value
$315,019

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
Interest Rate
0.0305%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 6, 2020
Sold by
Bought by
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
5.38%

Purchase Details

Closed on
Dec 9, 2008
Sold by
Bought by

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
0.0649%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 1998
Sold by
Bought by

Purchase Details

Closed on
Feb 16, 1996
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
-- New Title Company Name
-- New Title Company Name
$233,000 Parks Title
$115,000 Stewart Title
$116,000 --
-- --
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 $184,100
Previous Owner $129,000
Previous Owner $115,204
Previous Owner $113,502
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
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

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 $7,711 $130,370 $0 $0
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

    3,592 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

    129 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

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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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