NOT LISTED FOR SALE

345 Wordsworth St Ferndale, MI 48220

Estimated Value: $289,000 - $356,000

4 Beds
2 Baths
1,812 Sq Ft
$177/Sq Ft Est. Value

Last Sold October 01, 2014

Last sale price $129,000 $71 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $2,120/month

44 Days on Market

About This Home

As of October 2014

Wonderful 2-family home in fabulous Ferndale! Home boasts hardwood throughout, an upper with full-height ceilings, 2 car garage, a new roof in 2013, new siding in 2009. Newer windows, newer furnace and hot water tank, new washer and dryer in 2013, and more! Sewer line replaced in 2014. Truly a beautiful home which can be converted back into a single family. Both upper/lower 2 bedroom units rented at total of $1360/mo. with potential future rent increases. Upper $635/mo until March 2015, lower $725/mo, lease ends May 31st, 2015. Tenants pay gas and electric.

Last Agent to Sell the Property

James Silver

Keller Williams Somerset License #6501302927 Listed on: 06/21/2014

Keller Williams Somerset

Last Buyer's Agent

Tina Fisher

WEICHERT, REALTORS®-BHM Preferred License #RCO-6502364829

WEICHERT, REALTORS®-BHM Preferred

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40x111

Parking

  • Garage

Home Design

  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,812 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Stormfeltz Lovely Co Woodward Ave Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2534426022

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 2718
  • Sq Ft Lower Floor: 906
  • Total Sq Ft: 1812
  • Sq Ft Total Bsmt: 906

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Ferndale

Lot Info

  • List Price per Acre: 1400000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 40X111
  • Parcel Number: 2534426022
  • Zoning: Residential

Rental Info

  • Rent Includes: Water/Sewer
  • Monthly Rental Income: 1360

Tax Info

  • Tax Amount Summer: 3548.0000
  • Tax Amount Winter: 62.0000
  • Total Tax: 3610.0000

Multi Family

  • Gross Scheduled Income: 16320.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2016
Sold by
Duggan John Tyler and 345 Wordsworth Llc
Bought by
Duggan John Tyler and Duggan John T
Current Estimated Value
$320,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Outstanding Balance
$107,162
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$213,162

Purchase Details

Closed on
Sep 16, 2016
Sold by
Puggan John Tyler
Bought by
345 Wordsworth Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Outstanding Balance
$107,162
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$213,162

Purchase Details

Listed on
Jun 21, 2014
Closed on
Nov 8, 2014
Sold by
Duggon John Tyler
Bought by
345 Wordsworth Llc
Seller's Agent
James Silver
Keller Williams Somerset
Buyer's Agent
Tina Fisher
WEICHERT, REALTORS®-BHM Preferred
List Price
$147,000
Sold Price
$129,000
Premium/Discount to List
-$18,000
-12.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%
Original Mortgage
$96,750
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2014
Closed on
Sep 25, 2014
Sold by
Marcus William J and Marcus Pamela S
Bought by
Duggan John Tyler
Seller's Agent
James Silver
Keller Williams Somerset
Buyer's Agent
Tina Fisher
WEICHERT, REALTORS®-BHM Preferred
List Price
$147,000
Sold Price
$129,000
Premium/Discount to List
-$18,000
-12.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,750
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2001
Sold by
Genser Howard
Bought by
Marcus William J

Purchase Details

Closed on
Aug 19, 1999
Sold by
Keeler Diana L
Bought by
Genser Howard
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
Duggan John Tyler -- Title Resource Agency
345 Wordsworth Llc -- None Available
345 Wordsworth Llc -- None Available
Duggan John Tyler $129,000 Stg
Marcus William J -- --
Genser Howard $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duggan John Tyler $133,000
Previous Owner Duggan John Tyler $96,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2014 10/01/14 Sold $129,000 -12.2% $71 / Sq Ft
08/04/2014 08/04/14 Pending -- -- --
06/21/2014 06/21/14 For Sale $147,000 -- $81 / 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 $5,129 $150,800 $0 $0
2023 $4,950 $139,500 $0 $0
2022 $4,903 $129,130 $0 $0
2021 $4,886 $123,480 $0 $0
2020 $4,680 $119,940 $0 $0
2019 $4,714 $107,040 $0 $0
2018 $4,699 $84,010 $0 $0
2017 $4,631 $82,510 $0 $0
2016 $4,580 $76,670 $0 $0
2015 -- $58,020 $0 $0
2014 -- $50,440 $0 $0
2011 -- $47,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214061253

Realcomp

APN: 25-34-426-022