$209,000
SOLD MAY 25, 2016

3364 Inman St Ferndale, MI 48220

3 Beds
2.5 Baths
1,652 Sq Ft
0.27 Acres

Recently Sold

$127 Per Sq Ft

16% Below List Price

30 Days on Market

Highlights

  • Second Garage
  • Ranch Style House
  • No HOA
  • 0.27 Acre Lot
  • Corner Lot
  • Covered patio or porch

About This Home

As of May 2016

Attention Business Owners!!!! This is a rare opportunity to live in your business address! Former Party Store, Then Ice Sculpting Business. Zoned R3, Special Use, Multi-Family. Some of the possibilities according to the City of Ferndale: Home Office, Studio, Tutoring, Library, Daycare, Group Daycare, Park, Healthcare, etc. Signs are not allowed though. Attached and detached garage. Newer Furnace, HWH, Plumbing, Electrical, Cement, Kitchen, You Name It! Gorgeous, completely updated home with pride of ownership! Stunning!!!

Last Agent to Sell the Property

Patti McCarty

Coldwell Banker Professionals Birm License #6501272298 Listed on: 01/23/2016

Coldwell Banker Professionals Birm

Last Buyer's Agent

Scott Wright

KW Metro License #RCO

KW Metro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1924 | Remodeled in 2015

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 105x112
  • Property fronts a private road
  • Fenced
  • Corner Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,652 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Finished Basement
  • Fireplace in Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Garage
  • Second Garage
  • Workshop in Garage

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Woodward Heights Royal Oak Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2527226067

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,465

Year Built

Built in 1924 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 370
  • Year Built: 1924
  • Year Renovated: 2015
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Basement, Living Room
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Refrigerator, Range/Stove
  • Sq Ft Combined: 2849
  • Sq Ft Lower Floor: 1197
  • Total Sq Ft: 1652
  • Sq Ft Total Bsmt: 1197

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 105
  • Porch Type: Porch - Covered
  • Road Frontage Type: Private, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Workshop
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • Homestead: Yes
  • List Price per Acre: 777407.4074
  • Lot Features: Corner Lot
  • Lot Size Area: 0.27
  • Lot Dimensions: 105X112
  • Parcel Number: 2527226067

Tax Info

  • Tax Amount Summer: 4332.0000
  • Tax Amount Winter: 133.0000
  • Total Tax: 4465.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2016
Closed on
May 25, 2016
Sold by
Phipps James W
Bought by
Labaza Matt
Seller's Agent
Patti McCarty
Coldwell Banker Professionals Birm
Buyer's Agent
Scott Wright
KW Metro
List Price
$249,900
Sold Price
$209,000
Premium/Discount to List
-$40,900
-16.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%
Original Mortgage
$198,550
Outstanding Balance
$159,756
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$224,933

Purchase Details

Closed on
May 17, 1996
Sold by
Mihelich Thomas
Bought by
Phipps James W
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $209,000 None Available
Deed $105,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $60,000 Construction
Open $198,550 New Conventional
Previous Owner $108,000 Unknown
Previous Owner $10,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Price Changed $425,000 -5.6% $173 / Sq Ft
05/28/2025 05/28/25 For Sale $450,000 0.0% $184 / Sq Ft
07/01/2021 07/01/21 Rented $1,800 +5.9% --
06/11/2021 06/11/21 Under Contract -- -- --
05/26/2021 05/26/21 For Rent $1,700 +6.3% --
07/01/2019 07/01/19 Rented $1,600 0.0% --
06/10/2019 06/10/19 Under Contract -- -- --
05/22/2019 05/22/19 For Rent $1,600 +3.2% --
07/15/2018 07/15/18 Rented $1,550 0.0% --
07/15/2018 07/15/18 Under Contract -- -- --
07/15/2018 07/15/18 For Rent $1,550 0.0% --
05/25/2016 05/25/16 Sold $209,000 -16.4% $127 / Sq Ft
02/22/2016 02/22/16 Pending -- -- --
01/23/2016 01/23/16 For Sale $249,900 -- $151 / 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 $6,523 $204,750 $0 $0
2023 $6,269 $187,160 $0 $0
2022 $6,292 $170,490 $0 $0
2021 $6,329 $158,580 $0 $0
2020 $6,004 $149,170 $0 $0
2019 $6,097 $140,070 $0 $0
2018 $6,117 $124,450 $0 $0
2017 $7,781 $112,000 $0 $0
2016 $4,715 $105,740 $0 $0
2015 -- $93,830 $0 $0
2014 -- $82,690 $0 $0
2011 -- $81,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216007394

Realcomp

APN: 25-27-226-067