NOT LISTED FOR SALE

361 Albany St Ferndale, MI 48220

Estimated Value: $307,000 - $358,708

3 Beds
1.5 Baths
1,445 Sq Ft
$238/Sq Ft Est. Value

Last Sold March 16, 2023

Last sale price $295,000 $204 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,532/month

29 Days on Market

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • Covered patio or porch
  • Deck
  • No HOA
  • 1 Car Detached Garage

About This Home

As of March 2023

Charming and only 3 blocks from downtown Ferndale, this 3 bed, 1 1/2 bath home awaits you. Open floor plan with tons of windows allowing for abundance of natural light. Beautiful oak hardwood floors throughout entire home except kitchen and baths. Updated kitchen with cabinet space galore, granite counters, and tiled backsplash & floor. Doorwall off kitchen leads you to large private fenced in rear yard. Incredibly sized primary bedroom with additional closet space. Finished lower level recently insulated and heated. Expansive covered front porch great for neighborhood watching on your hammock. Don't miss out on the downtown living lifestyle!

Last Agent to Sell the Property

Melanie Bishop

KW Domain License #6501217402 Listed on: 01/24/2023

KW Domain

Co-Listed By

Noah Cohen

KW Domain License #6501360490

Last Buyer's Agent

Jim Shaffer

Good Company License #RCO-6502380733

Good Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1923 | Remodeled in 1957

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00 x 134.00
  • Back Yard Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,445 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Partially Finished Basement

Kitchen

  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered patio or porch
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Greenwood Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2534131004

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,237

Year Built

Built in 1923 | Remodeled in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 172.00
  • Year Built: 1923
  • State Equalized Value: 132480.0000
  • Year Renovated: 1957
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 1945
  • Sq Ft Lower Floor: 500
  • Total Sq Ft: 1445
  • Sq Ft Total Bsmt: 716

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Wood
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Porch - Covered, Deck, Patio, Porch
  • Road Frontage Type: Paved
  • Fencing: Back Yard

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Heating: Hot Water
  • 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
  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00 x 134.00
  • Parcel Number: 2534131004

Tax Info

  • Tax Amount Summer: 6027.0000
  • Tax Amount Winter: 210.0000
  • Total Tax: 6237.0000
  • Taxable Value: 116100.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
Mar 16, 2023
Sold by
Milgrom Adam S and Milgrom Valerie A
Bought by
Richards Simeon and Snable Madison
Seller's Agent
Melanie Bishop
KW Domain
Buyer's Agent
Jim Shaffer
Good Company
List Price
$299,900
Sold Price
$295,000
Premium/Discount to List
-$4,900
-1.63%
Views
111
Current Estimated Value
$343,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,677
Avg. Annual Appreciation
6.74%
Original Mortgage
$286,150
Outstanding Balance
$278,707
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$64,970

Purchase Details

Listed on
Jul 31, 2018
Closed on
Oct 15, 2018
Sold by
Turcotte Christopher M
Bought by
Milgrom Adam S and Efros Valerie A
Seller's Agent
Bruce Hartman
EXP Realty - Northville
Buyer's Agent
April Combs
Combs Realty & Associates
List Price
$269,000
Sold Price
$258,000
Premium/Discount to List
-$11,000
-4.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.08%
Original Mortgage
$245,100
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 10, 2015
Closed on
Oct 22, 2015
Sold by
Nadeau Scott D and Nadeau Diana R
Bought by
Turcotte Christopher M
Seller's Agent
Bruce Hartman
EXP Realty - Northville
Buyer's Agent
Bruce Hartman
EXP Realty - Northville
List Price
$219,900
Sold Price
$225,000
Premium/Discount to List
$5,100
2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%
Original Mortgage
$220,924
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 2004
Sold by
Wojtowicz Arthur D
Bought by
Nadeau Scott D and Nadeau Diana R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,865
Interest Rate
6.08%
Mortgage Type
FHA
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
Richards Simeon $295,000 --
Milgrom Adam S $258,000 First American Title
Turcotte Christopher M $225,000 Fat
Nadeau Scott D $170,500 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richards Simeon $286,150
Previous Owner Milgrom Adam S $234,685
Previous Owner Milgrom Adam S $245,100
Previous Owner Turcotte Christopher M $220,924
Previous Owner Nadeau Scott D $167,865
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2023 03/16/23 Sold $295,000 -1.6% $204 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $299,900 +16.2% $208 / Sq Ft
10/15/2018 10/15/18 Sold $258,000 -4.1% $179 / Sq Ft
08/29/2018 08/29/18 Pending -- -- --
07/31/2018 07/31/18 For Sale $269,000 +19.6% $186 / Sq Ft
10/22/2015 10/22/15 Sold $225,000 +2.3% $156 / Sq Ft
07/28/2015 07/28/15 Pending -- -- --
07/10/2015 07/10/15 For Sale $219,900 -- $152 / 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 $7,553 $152,590 $0 $0
2023 $6,194 $143,250 $0 $0
2022 $6,237 $132,480 $0 $0
2021 $6,275 $123,790 $0 $0
2020 $5,941 $120,480 $0 $0
2019 $6,040 $108,790 $0 $0
2018 $5,228 $96,110 $0 $0
2017 $5,161 $94,060 $0 $0
2016 $5,104 $88,520 $0 $0
2015 -- $80,320 $0 $0
2014 -- $57,080 $0 $0
2011 -- $54,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230004541

Realcomp

APN: 25-34-131-004