NOT LISTED FOR SALE

340 E Troy St Ferndale, MI 48220

Estimated Value: $194,000 - $279,519

2 Beds
1 Bath
726 Sq Ft
$350/Sq Ft Est. Value

Last Sold April 19, 2013

Last sale price $95,000 $131 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $1,646/month

Highlights

  • Colonial Architecture
  • No HOA
  • Enclosed Patio or Porch
  • Deck
  • 1 Car Detached Garage
  • 1-Story Property

About This Home

As of October 2020

FABULOUS FIRST FLOOR RANCH FLAT (1/2 DUPLEX) FOR LEASE RIGHT IN THE HEART OF DOWNTOWN FERNDALE, LOCATION, LOCATION, CHARMING VINTAGE HOME 1/2 BLOCK FROM DOWNTOWN, HARDWOOD & VINYL FLOORING THROUGHOUT, COVED CEILINGS, LARGE LIVING ROOM AND FORMAL DINING ROOM, SPACIOUS KITCHEN, FULL FINISHED ENCLOSED FRONT PORCH, GREAT FOR ENTERTAINING, ENCLOSED MINI PORCH OFF OF KITCHEN, LEADING OUT TO DECK AND BACKYARD, HUGE BASEMENT WITH TONS OF STORAGE, WASHER & DRYER SHARED WITH UPPER TENANT, BEAUTIFULLY LANDSCAPED, 1 CAR GARAGE, SMALL DOGS NEGOTIABLE, NO CATS, NO SMOKING ALLOWED IN UNIT, 2 YEAR PLUS LEASE PREFERRED, 1.5 SECURITY, CREDIT REPORT AND APPLICATION. IMMEDIATE OCCUPANCY.

Last Agent to Rent the Property

Adriana Leaf

Max Broock, REALTORS®-Birmingham License #6501269603 Listed on: 09/03/2020

Max Broock, REALTORS®-Birmingham

Last Renter's Agent

Deborah Gilchrist

KW Domain License #6501367986

KW Domain

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 33.00x108.00

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 726 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Unfinished Basement

Kitchen

  • Built-In Gas Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Security Deposit $2,100
  • 24 Month Lease Term
  • Assessor Parcel Number 2534202015

Community Details

Overview

  • No Home Owners Association
  • The Little Farms Sub Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Rental Info

  • Lease Type: Apartments
  • Security Deposit: 2100.00
  • Tenant Amenities: Laundry On Site

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 1 Story
  • Year Built: 1925
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Humidifier
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Built-In Gas Oven, Free-Standing Refrigerator, Washer
  • Total Sq Ft: 726

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Cedar
  • Foundation Materials: Block
  • Porch Type: Deck, Porch - Enclosed
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes
  • MF Parking: Paved

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: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Sewer, Trash
  • Association Fee: No

Fee Information

  • Additional Fee: 150.00

Lot Info

  • List Price per Acre: 16875.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 33.00X108.00
  • Parcel Number: 2534202015

Multi Family

  • Length of Lease: 13-24 Months, 25-36 Months, 37-48 Months

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2014
Sold by
Leaf Reuven
Bought by
340 East Troy Llc
Current Estimated Value
$253,970

Purchase Details

Listed on
May 15, 2013
Closed on
Apr 19, 2013
Sold by
Haberlein Michael Edward
Bought by
Leaf Reuven
Seller's Agent
Adriana Leaf
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Adriana Leaf
Max Broock, REALTORS®-Birmingham
Sold Price
$1,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%

Purchase Details

Closed on
Jun 13, 1997
Sold by
Emrick Wendell J
Bought by
Haberlein Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,500
Interest Rate
8.01%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
340 East Troy Llc -- None Available
Leaf Reuven $95,000 First American Title Ins Co
Haberlein Michael E $90,640 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haberlein Michael E $81,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2020 10/15/20 Rented $1,350 0.0% --
10/07/2020 10/07/20 Under Contract -- -- --
09/22/2020 09/22/20 Price Changed $1,350 -3.6% $2 / Sq Ft
09/03/2020 09/03/20 For Rent $1,400 +69.7% --
07/06/2020 07/06/20 Rented $825 -2.9% --
06/24/2020 06/24/20 Price Changed $850 +6.3% $2 / Sq Ft
06/20/2020 06/20/20 For Rent $800 0.0% --
06/10/2020 06/10/20 Under Contract -- -- --
06/03/2020 06/03/20 For Rent $800 0.0% --
08/08/2018 08/08/18 Rented $800 0.0% --
08/07/2018 08/07/18 Under Contract -- -- --
07/24/2018 07/24/18 For Rent $800 +10.3% --
03/01/2017 03/01/17 Rented $725 -3.3% --
02/22/2017 02/22/17 Under Contract -- -- --
02/18/2017 02/18/17 For Rent $750 +11.1% --
05/26/2015 05/26/15 Rented $675 0.0% --
05/26/2015 05/26/15 Under Contract -- -- --
05/18/2015 05/18/15 For Rent $675 0.0% --
08/15/2013 08/15/13 Rented $675 0.0% --
08/14/2013 08/14/13 Under Contract -- -- --
08/14/2013 08/14/13 For Rent $675 -32.5% --
06/15/2013 06/15/13 Rented $1,000 0.0% --
05/17/2013 05/17/13 Under Contract -- -- --
05/15/2013 05/15/13 For Rent $1,000 0.0% --
04/19/2013 04/19/13 Sold $95,000 +2.2% $89 / Sq Ft View Prior Sale
03/28/2013 03/28/13 Pending -- -- --
03/26/2013 03/26/13 For Sale $93,000 -- $87 / 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
2025 $3,784 $109,570 $0 $0
2024 $3,674 $109,820 $0 $0
2023 $3,549 $103,750 $0 $0
2022 $3,517 $109,640 $0 $0
2021 $3,505 $98,810 $0 $0
2020 $3,356 $98,950 $0 $0
2019 $3,381 $85,630 $0 $0
2018 $3,371 $72,510 $0 $0
2017 $3,322 $67,130 $0 $0
2016 $3,283 $55,920 $0 $0
2015 -- $48,240 $0 $0
2014 -- $41,440 $0 $0
2011 -- $40,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200072702

Realcomp

APN: 25-34-202-015