NOT LISTED FOR SALE

387 W Webster St Ferndale, MI 48220

Ferndale Area

Estimated Value: $39,451 - $210,000

0.09 Acres
$929,033 Price per Acre
3,920 Sq Ft Lot

Sale Details

Date Sold: January 20, 2022

Last sale price $33,000 $43 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $620 / mo

56 Days on Market

About This Lot

As of January 2022

Perfect opportunity to build your perfect home within walking/biking distance of Downtown Ferndale. This lot is conveniently located near the Woodward corridor for easy commuting and access to shopping, restaurants, & entertainment all a few minutes away. The home plan in the photo are the plans the current owner purchased and are available for sale outside of the lot. Property has car access off alleyway. Take a look today.

Last Agent to Sell the Property

Michael Nawrocki

Elementary Homes LLC License #6502397283 Listed on: 11/07/2021

Last Buyer's Agent

Nico Krohn

Rock City Realty License #6502428563

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35.00x113.00

Utilities

  • Sewer in Street

Community Details

  • Adolph Sloman's Woodward Blvd Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2534453002

Property Details

Property Type

Land

Est. Annual Taxes

$606

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 17390.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Paved, Pub. Sidewalk

Utilities

  • Sewer: Sewer at Street
  • Water Source: Water at Street

Lot Info

  • List Price per Acre: 400000.0000
  • Lot Size Area: 0.09
  • Lot Dimensions: 35.00X113.00
  • Parcel Number: 2534453002
  • Zoning: Residential
  • Improvements: Sidewalks

Tax Info

  • Tax Amount Summer: 591.0000
  • Tax Amount Winter: 15.0000
  • Total Tax: 606.0000
  • Taxable Value: 8370.0000

MLS Schools

  • School District: Ferndale

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2021
Closed on
Jan 20, 2022
Sold by
Bought by
Seller's Agent
Michael Nawrocki
Elementary Homes LLC
Buyer's Agent
Nico Krohn
Rock City Realty
List Price
$36,000
Sold Price
$33,000
Premium/Discount to List
-$3,000
-8.33%
Current Estimated Value
$83,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,613
Avg. Annual Appreciation
22.45%

Purchase Details

Listed on
Sep 25, 2018
Closed on
Dec 19, 2018
Sold by
Bought by
Seller's Agent
Michael Loveland
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Jim Shaffer
Good Company
List Price
$29,948
Sold Price
$22,500
Premium/Discount to List
-$7,448
-24.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.20%

Purchase Details

Listed on
Aug 20, 2013
Closed on
Sep 3, 2013
Sold by
Bought by
Seller's Agent
Michael Loveland
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Michael Loveland
Max Broock, REALTORS®-Birmingham
Sold Price
$925

Purchase Details

Listed on
Sep 6, 2011
Closed on
Apr 23, 2012
Sold by
Bought by
Seller's Agent
Mike Sher
Max Broock, REALTORS®-Bloomfield Hills
Buyer's Agent
Michael Loveland
Max Broock, REALTORS®-Birmingham
List Price
$54,000
Sold Price
$17,000
Premium/Discount to List
-$37,000
-68.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.75%

Purchase Details

Closed on
Jul 6, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,260
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 17, 2006
Sold by
Bought by

Purchase Details

Closed on
Aug 29, 1991
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Ferndale, MI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$33,000 None Listed On Document
$22,500 None Available
-- None Available
$17,000 Capital Title Ins Agency
$86,000 None Available
-- None Available
$18,500 Ticor Title Insurance
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $91,920
Previous Owner $85,260
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/20/2022 01/20/22 Sold $33,000 -8.3% $43 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
11/07/2021 11/07/21 For Sale $36,000 +60.0% $46 / Sq Ft
12/19/2018 12/19/18 Sold $22,500 -9.8% $29 / Sq Ft View Prior Sale
12/02/2018 12/02/18 Pending -- -- --
11/20/2018 11/20/18 Price Changed $24,948 -16.7% $32 / Sq Ft
09/25/2018 09/25/18 For Sale $29,948 0.0% $39 / Sq Ft
08/26/2016 08/26/16 Rented $950 0.0% --
08/05/2016 08/05/16 Under Contract -- -- --
08/02/2016 08/02/16 For Rent $950 +2.7% --
10/01/2013 10/01/13 Rented $925 -7.5% --
09/23/2013 09/23/13 Under Contract -- -- --
08/20/2013 08/20/13 For Rent $1,000 0.0% --
04/23/2012 04/23/12 Sold $17,000 -68.5% $21 / Sq Ft View Prior Sale
04/11/2012 04/11/12 Pending -- -- --
09/06/2011 09/06/11 For Sale $54,000 -- $68 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,946 $31,830 $0 $0
2024 $1,920 $28,930 $0 $0
2023 $1,877 $27,810 $0 $0
2022 $1,003 $24,180 $0 $0
2021 $607 $17,390 $0 $0
2020 $580 $10,140 $0 $0
2019 $585 $8,110 $0 $0
2018 $1,859 $36,800 $0 $0
2017 $1,833 $36,440 $0 $0
2016 $1,806 $30,220 $0 $0
2015 -- $25,930 $0 $0
2014 -- $21,880 $0 $0
2011 -- $24,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210093198

Realcomp

APN: 25-34-453-002

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