NOT LISTED FOR SALE

385 E Chesterfield St Ferndale, MI 48220

Estimated Value: $210,000 - $266,000

2 Beds
1 Bath
923 Sq Ft
$255/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $186,000 $202 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,616/month

10 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Programmable Thermostat
  • Porch
  • Shed
  • Forced Air Heating and Cooling System

About This Home

As of September 2020

Coming soon! Open House Saturday, July 25th from 11 - 2 pm. Look no further! This charming 1941 Ferndale bungalow with arching doorways, crafted ceilings, and a full basement is waiting for you! Many original features. Updated kitchen with bamboo floors, tiled bathroom and a cozy fireplace to keep you toasty in the winter. Private yard with blooming border shrubs, makes for an enchanting spot to entertain. 20 minute bike ride to the heart of downtown Ferndale, where bars, shops and restaurants abound. Don't pass this up! Schedule your showing today.

Last Agent to Sell the Property

Charles Tamou

Top Agent Realty License #6502431245 Listed on: 07/25/2020

Co-Listed By

Patti Hardy

Community Choice Realty Associates, LLC License #6501413979

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 1941

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50.00x104.00
  • Fenced

Home Design

  • Bungalow
  • Brick Foundation
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 923 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Unfinished Basement

Kitchen

  • Built-In Gas Oven
  • Built-In Gas Range
  • Recirculated Exhaust Fan
  • Microwave
  • Free-Standing Freezer
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed
  • Breezeway
  • Porch

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2535353040
  • $1,500 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • Frank Grix Sub Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,985

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Year Built: 1941
  • State Equalized Value: 58740.0000
  • Entry Location: Ground Level w/Steps
  • AgentOnly_ListPriceByAcre: 1375000.0000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Interior Entry, Unfinished
  • Kitchen Appliances: Gas Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Free-Standing Freezer, Microwave, Built-In Gas Oven, Plumbed For Ice Maker, Built-In Gas Range, Free-Standing Refrigerator, Washer
  • Total Sq Ft: 923

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement, Slab
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Brick/Mortar
  • Porch Type: Breezeway, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: 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

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.12
  • Lot Dimensions: 50.00X104.00
  • Parcel Number: 2535353040

Tax Info

  • Tax Amount Summer: 1926.0000
  • Tax Amount Winter: 59.0000
  • Total Tax: 1985.0000
  • Taxable Value: 33640.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2020
Closed on
Sep 18, 2020
Sold by
Stephenson Erik
Bought by
Finsilver Michael
Seller's Agent
Charles Tamou
Top Agent Realty
Buyer's Agent
Jim Shaffer
Good Company
List Price
$165,000
Sold Price
$186,000
Premium/Discount to List
$21,000
12.73%
Current Estimated Value
$235,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,784
Avg. Annual Appreciation
4.57%

Purchase Details

Closed on
Apr 15, 2010
Sold by
Nelson Richard R and Nelson Jennine M
Bought by
Stephenson Erik

Purchase Details

Closed on
Apr 5, 2004
Sold by
Hicks Shatha N and Hicks Mitch
Bought by
Nelson Richard R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,472
Interest Rate
5.46%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 18, 2002
Sold by
Faraj Shatha N
Bought by
Hicks Shatha N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.1%

Purchase Details

Closed on
Apr 4, 2000
Sold by
Bearss Christopher L
Bought by
Faraj Shatha N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
8.22%
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
Finsilver Michael $186,000 Shores Title Agency Llc
Stephenson Erik $35,000 Partners Title Agency Llc
Nelson Richard R $118,300 Title One Inc
Hicks Shatha N -- --
Faraj Shatha N $81,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Richard R $116,472
Previous Owner Hicks Shatha N $99,000
Previous Owner Faraj Shatha N $81,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2020 09/21/20 Sold $186,000 +12.7% $202 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
07/25/2020 07/25/20 For Sale $165,000 -- $179 / 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 $4,593 $100,370 $0 $0
2024 $4,408 $93,650 $0 $0
2023 $4,285 $90,020 $0 $0
2022 $4,836 $81,950 $0 $0
2021 $4,337 $76,700 $0 $0
2020 $1,954 $71,340 $0 $0
2019 $1,984 $58,740 $0 $0
2018 $1,991 $55,280 $0 $0
2017 $1,966 $50,870 $0 $0
2016 $1,939 $41,040 $0 $0
2015 -- $36,260 $0 $0
2014 -- $32,290 $0 $0
2011 -- $42,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Charles Tamou

    Seller's Agent in 2020

    Charles Tamou

    Top Agent Realty

    (586) 202-0499

    7 in this area

    386 Total Sales

    Charles Tamou
    Section Image

  • P

    Seller Co-Listing Agent in 2020

    Patti Hardy

    Community Choice Realty Associates, LLC

    Section Image
  • Jim Shaffer

    Buyer's Agent in 2020

    Jim Shaffer

    Good Company

    (248) 834-3030

    450 in this area

    3,694 Total Sales

    Jim Shaffer
    Section Image
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Map

Source: Realcomp

MLS Number: 2200054608

Realcomp

APN: 25-35-353-040

Michigan Oakland County Ferndale 48220

385 E Chesterfield St, Ferndale, MI

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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