$75,000
SOLD AUG 17, 2015

374 College St Ferndale, MI 48220

5 Beds
1 Bath
1,062 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$71 Per Sq Ft

2 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Humidifier
  • Enclosed Patio or Porch
  • Forced Air Heating and Cooling System
  • 3-minute walk to Wilson Park

About This Home

As of January 2016

Investor special! Historic 5 bedroom bungalow in the heart of fabulous Ferndale is a diamond in the rough. Excellent location close to town. Large backyard with privacy fence. Enclosed front porch is 3 season living space. Wonderful corner lot location, convenient to all freeways. Great potential here!

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 07/22/2015

Good Company

Last Buyer's Agent

Jim Shaffer

Good Company License #6502380733 Listed on: 07/22/2015

Good Company

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 33.33x108.9
  • Fenced

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,062 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Disposal
  • Washer
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Enclosed Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association
  • The Little Farms Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2534253021

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 239.4
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Humidifier
  • Room Count: 9
  • Total Bedrooms: 5
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Disposal, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1062
  • Total Sq Ft: 1062
  • Sq Ft Total Bsmt: 842

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 34
  • Porch Type: Patio, Porch - Enclosed
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

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

  • List Price per Acre: 937500.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 33.33X108.9
  • Parcel Number: 2534253021

Tax Info

  • Tax Amount Summer: 1899.0000
  • Tax Amount Winter: 283.0000
  • Total Tax: 2182.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2015
Closed on
Jan 12, 2016
Sold by
Abb Development Llc and Byer Ari
Bought by
Talbot Myles
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Ernestine Mitchell
EXP Realty LLC
List Price
$225,000
Sold Price
$217,500
Premium/Discount to List
-$7,500
-3.33%
Current Estimated Value
$338,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,163
Avg. Annual Appreciation
4.71%
Original Mortgage
$206,625
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2015
Closed on
Aug 17, 2015
Sold by
Haddon David
Bought by
Abb Development Llc
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Jim Shaffer
Good Company
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1242.15%

Purchase Details

Closed on
Mar 22, 2011
Sold by
Evans Arthur A and Evans Donna L
Bought by
Federal National Mortgage Association
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 Type Sale Price Title Company
Warranty Deed $217,500 Michigan Investment Title In
Warranty Deed $75,000 None Available
Sheriffs Deed $105,360 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $206,250 New Conventional
Closed $201,295 New Conventional
Closed $206,625 New Conventional
Previous Owner $115,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2016 01/14/16 Sold $217,500 -3.3% $145 / Sq Ft
11/20/2015 11/20/15 Pending -- -- --
11/14/2015 11/14/15 For Sale $225,000 +200.0% $150 / Sq Ft
08/17/2015 08/17/15 Sold $75,000 0.0% $71 / Sq Ft
07/24/2015 07/24/15 Pending -- -- --
07/22/2015 07/22/15 For Sale $75,000 -- $71 / 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 $6,728 $146,670 $0 $0
2023 $6,520 $144,500 $0 $0
2022 $5,754 $138,340 $0 $0
2021 $6,296 $133,870 $0 $0
2020 $5,304 $132,830 $0 $0
2019 $5,309 $121,420 $0 $0
2018 $5,329 $102,600 $0 $0
2017 $5,261 $91,100 $0 $0
2016 $3,079 $52,310 $0 $0
2015 -- $34,140 $0 $0
2014 -- $28,920 $0 $0
2011 -- $30,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215077262

Realcomp

APN: 25-34-253-021