$200,000
SOLD FEB 21, 2025

343 Pearson St Ferndale, MI 48220

3 Beds
1 Bath
1,013 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$197 Per Sq Ft

11% Below List Price

41 Days on Market

Highlights

  • Ranch Style House
  • Breakfast Area or Nook
  • Porch
  • Wood Flooring
  • 1 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of February 2025

This ranch is located in the heart of Ferndale, just west of Woodward. Seller had a full tear off and new roof installed this fall. Deep (149 ft) back yard. Hardwood floors under carpeting. Electric stove and dryer. Newer circuit breaker box 100 AMP. Washer is non-functional and will be removed prior to closing.

Last Agent to Sell the Property

Ray Nadolski

RE/MAX First License #MISPE-6501312491 Listed on: 11/25/2024

RE/MAX First

Last Buyer's Agent

Mike Sher

Max Broock, REALTORS®-Bloomfield Hills License #6502346400

Max Broock, REALTORS®-Bloomfield Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 149

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,013 Sq Ft Home
  • Unfinished Basement
  • Block Basement Construction
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Oven or Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

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

Community Details

  • Greenwood Park Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25-34-176-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,463

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Flood Plain: Unknown
  • Total Tax Amount: 4463.37
  • Year Built: 1950
  • Mail City: Ferndale
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail., Hardwood Floors
  • Appliances: Dryer, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement: Block, Unfinished
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 10 x 11
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Entry Level, Dimensions: 9 x 11
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On Entry Level, Dimensions: 9 x 11
  • Bedroom 3 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 4 x 10, On Level: Entry, Flooring: Ceramic
  • Room Types: First Flr Full Bathroom, Breakfast Nook/Room
  • Kitchen: On Entry Level, Dimensions: 9 x 10
  • Kitchen Floor Covering: Vinyl
  • Living Room: On Entry Level, Dimensions: 12 x 15
  • Living Room Floor Covering: Carpet
  • Below Grade Sq Ft: 1013
  • Above Grade Finished Sq Ft: 1013
  • Total Finished Sq Ft: 1013

Exterior Features

  • Exterior: Aluminum, Vinyl Siding
  • Exterior Features: Porch
  • Foundation: Basement
  • Frontage: 50
  • Road: City/County
  • Sideof Street: S
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 25-34-176-018
  • Zoning: Residential
  • Lot Dimensions: 50 x 149
  • Acreage: 0.17
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2024, Amount: $4,355.62
  • Winter Tax: Year: 2023, Amount: $107.75
  • Total Tax: Amount: $4,463.37

MLS Schools

  • School District: Ferndale City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2024
Closed on
Feb 21, 2025
Sold by
Lamb Mildred J
Bought by
Krason Kevin
Seller's Agent
Ray Nadolski
RE/MAX First
Buyer's Agent
Mike Sher
Max Broock, REALTORS®-Bloomfield Hills
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Views
56
Current Estimated Value
$262,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,329
Avg. Annual Appreciation
27.98%
Original Mortgage
$160,000
Outstanding Balance
$158,371
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$93,214

Purchase Details

Closed on
Jun 26, 2007
Sold by
Lamb James and Lamb Mildred J
Bought by
Lamb Mildred J

Purchase Details

Closed on
Jun 15, 2005
Sold by
M S Properties Llc
Bought by
Lamb James and Lamb Mildred J

Purchase Details

Closed on
Dec 23, 1997
Sold by
Singer Marvin
Bought by
M S Properties
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Warranty Deed $200,000 First American Title
Warranty Deed $200,000 First American Title
Interfamily Deed Transfer -- None Available
Warranty Deed $80,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,000 New Conventional
Closed $160,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2025 02/21/25 Sold $200,000 -4.3% $197 / Sq Ft
01/05/2025 01/05/25 Pending -- -- --
12/27/2024 12/27/24 Price Changed $209,000 -7.1% $206 / Sq Ft
11/25/2024 11/25/24 For Sale $225,000 -- $222 / Sq Ft
Source: Michigan Multiple Listing Service

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 $4,488 $143,990 $0 $0
2024 $4,356 $138,350 $0 $0
2023 $4,209 $127,670 $0 $0
2022 $4,172 $115,400 $0 $0
2021 $4,158 $101,650 $0 $0
2020 $3,980 $92,860 $0 $0
2019 $4,010 $81,460 $0 $0
2018 $3,999 $73,220 $0 $0
2017 $3,941 $71,160 $0 $0
2016 $3,896 $66,150 $0 $0
2015 -- $61,900 $0 $0
2014 -- $53,780 $0 $0
2011 -- $60,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50161918

Michigan Multiple Listing Service

APN: 25-34-176-018