$271,000
SOLD OCT 27, 2025

392 E Cambourne St Ferndale, MI 48220

3 Beds
3 Baths
1,416 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$191 Per Sq Ft

61 Days on Market

Highlights

  • Bungalow
  • Forced Air Heating System
  • Garage

About This Home

As of October 2025

Attention! Back on market and fully leased out with two great tenants! Income generating Ferndale duplex within walking distance to downtown! Units are separately metered for gas and electric, with one meter for water that is prorated 75%/25% between lower and upper units. Tenants pay all utilities. Upstairs unit is currently rented at $1,100/month through August 2026. Lower unit has had the same tenant for around 30 years, currently paying $1625/month with existing lease in place until January 2028, with rent increases built in to current agreement to $1675/month in February 2026 and to $1725/month in February 2027. Lower unit currently has full access to the backyard, basement, and garage. Fully rental certified, and inspection with city is good through July 2026.

Last Agent to Sell the Property

Katie Yates

Brookstone, Realtors LLC License #6501435005 Listed on: 07/21/2025

Last Buyer's Agent

Don Amalfitano

The Agency Hall & Hunter License #6502360595

The Agency Hall & Hunter

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x131.5
  • Back Yard Fenced

Parking

  • Garage

Home Design

  • Duplex
  • Bungalow
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 3 Full Bathrooms
  • 1,416 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2527452013

Community Details

Overview

  • 2 Units
  • Astonsof Knowles Heights Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Bungalow, Duplex
  • Architecture Level: 2 Story
  • Year Built: 1937
  • State Equalized Value: 143970.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1416

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Road Frontage Type: Paved
  • Fencing: Back Yard, Fenced

Garage/Parking

  • Garage: Yes
  • MF Parking: Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Window Unit(s)
  • Heating: Forced Air
  • Sewer: Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.18
  • Lot Dimensions: 60X131.5
  • Parcel Number: 2527452013
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 2725

Tax Info

  • Tax Amount Summer: 9909.0000
  • Tax Amount Winter: 304.0000
  • Total Tax: 10213.0000
  • Taxable Value: 143970.0000

Multi Family

  • Gross Scheduled Income: 32700.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2025
Closed on
Oct 24, 2025
Sold by
Mazurkiewicz Sarah
Bought by
Carroll Christopher and Xie Malia
Seller's Agent
Katie Yates
Brookstone, Realtors LLC
Buyer's Agent
Don Amalfitano
The Agency Hall & Hunter
List Price
$270,000
Sold Price
$271,000
Premium/Discount to List
$1,000
0.37%
Views
118
Current Estimated Value
$262,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,280
Avg. Annual Appreciation
-12.13%
Original Mortgage
$203,250
Outstanding Balance
$202,882
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$59,838

Purchase Details

Listed on
Jun 15, 2022
Closed on
Sep 7, 2022
Sold by
Guarano James J and Guarano Catherine R
Bought by
Mazurkiewicz Sarah
Seller's Agent
Jenny Makke
Silverstone Real Estate, LLC
Buyer's Agent
Scott Levine
Max Broock, REALTORS®-Birmingham
List Price
$194,900
Sold Price
$225,000
Premium/Discount to List
$30,100
15.44%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$220,924
Interest Rate
5.66%

Purchase Details

Closed on
Aug 9, 1996
Sold by
Comito Properties Inc
Bought by
Guarano James J and Guarano Catherine R
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 Type Sale Price Title Company
Warranty Deed $271,000 None Listed On Document
Warranty Deed $225,000 Devon Title Agency
Warranty Deed $55,000 Philip R Seaver Title Co Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $203,250 New Conventional
Previous Owner $220,924 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2025 10/27/25 Sold $271,000 +0.4% $191 / Sq Ft
09/20/2025 09/20/25 Pending -- -- --
09/04/2025 09/04/25 For Sale $270,000 0.0% $191 / Sq Ft
09/02/2025 09/02/25 Rented $1,100 0.0% --
08/31/2025 08/31/25 Pending -- -- --
08/29/2025 08/29/25 Under Contract -- -- --
08/21/2025 08/21/25 Price Changed $270,000 0.0% $191 / Sq Ft
08/12/2025 08/12/25 For Rent $1,100 0.0% --
07/21/2025 07/21/25 For Sale $275,000 +22.2% $194 / Sq Ft
09/07/2022 09/07/22 Sold $225,000 +15.4% $159 / Sq Ft View Prior Sale
06/15/2022 06/15/22 For Sale $194,900 -- $138 / Sq Ft
Source: Realcomp

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 $7,442 $154,270 $0 $0
2024 $7,138 $143,970 $0 $0
2023 $7,026 $138,770 $0 $0
2022 $4,351 $131,980 $0 $0
2021 $4,336 $121,240 $0 $0
2020 $4,150 $103,820 $0 $0
2019 $4,181 $92,720 $0 $0
2018 $4,169 $81,560 $0 $0
2017 $4,109 $81,240 $0 $0
2016 $4,062 $75,280 $0 $0
2015 -- $70,280 $0 $0
2014 -- $51,760 $0 $0
2011 -- $63,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20251018932

Realcomp

APN: 25-27-452-013