NOT LISTED FOR SALE

401 Silman St Ferndale, MI 48220

Estimated Value: $192,000 - $219,000

2 Beds
1 Bath
849 Sq Ft
$247/Sq Ft Est. Value

Last Sold May 01, 2015

Last sale price $99,678 $117 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,342/month

11 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Forced Air Heating and Cooling System
  • Fenced Yard
  • Shed
  • Ceiling Fan

About This Home

As of May 2015

Just a few blocks from Downtown Ferndale plus loaded with charm and character offers: Enclosed front porch, exposed hardwood floors, large living room opens to spacious dining room with built-in glass front cabinet, updated kitchen w/appliances, renovated bathroom, basement. More updates: front entry steps, water heater, electrical, roof '01, thermal windows, carpeting, sump pump. Stairway to expandable 2nd floor also room to build garage. Pos: At Close

Last Agent to Sell the Property

Judy Palmer

RE/MAX Showcase Homes License #MISPE-6502118316 Listed on: 02/23/2015

RE/MAX Showcase Homes

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,240

Year Built

  • Built in 1923

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40 x 130
  • Fenced Yard

Home Design

  • Ranch Style House

Interior Spaces

  • 849 Sq Ft Home
  • Ceiling Fan
  • Washer

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Sump Pump
  • Block Basement Construction

Outdoor Features

  • Shed
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2534428054

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,240

Year Built

Built in 1923

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail., Sump Pump
  • Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Block
  • Bedrooms: 2
  • Bedroom 1: On Entry Level, Dimensions: 10 x 10
  • Bedroom 2: On Entry Level, Dimensions: 9 x 9
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Dining Room: On Entry Level, Dimensions: 11 x 11
  • Kitchen: On Entry Level, Dimensions: 12 x 10
  • Living Room: On Entry Level, Dimensions: 23 x 11
  • Sun Room: On Entry Level, Dimensions: 19 x 7
  • Above Grade Finished Sq Ft: 849
  • Total Finished Sq Ft: 849

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Fenced Yard, Porch
  • Foundation: Basement
  • Frontage: 40
  • Road: Paved Street
  • Out Buildings: Shed

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C

Lot Info

  • Assessments: Yes
  • Assessor Parcel Number: 2534428054
  • Lot Description: Sidewalks
  • Lot Dimensions: 40 x 130
  • Acreage: 0.12
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $2,201.00
  • Winter Tax: Amount: $39.00

MLS Schools

  • School District: Ferndale City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2015
Closed on
May 1, 2015
Sold by
Brown Andrea M and Clark Andrea M
Bought by
Jaussen Paul and Jaussen Capria
Seller's Agent
Judy Palmer
RE/MAX Showcase Homes
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$99,678
Sold Price
$99,678
Current Estimated Value
$210,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,386
Avg. Annual Appreciation
7.11%
Original Mortgage
$94,694
Outstanding Balance
$72,314
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$137,750

Purchase Details

Closed on
Mar 18, 2005
Sold by
Verlinde Daniel R and Verlinde Heidi
Bought by
Clark Andrea M

Purchase Details

Closed on
Sep 13, 2002
Sold by
Sauers Terrence V
Bought by
Verlinde Daniel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,900
Interest Rate
6.34%

Purchase Details

Closed on
Mar 3, 1999
Sold by
Bankers Trust Co Of Ca
Bought by
Sauers Terrence

Purchase Details

Closed on
Dec 29, 1998
Sold by
Sauers Terrence V
Bought by
Sauers Terrence
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Jaussen Paul $99,678 Partners Title Agency Llc
Clark Andrea M $124,500 Fatco
Verlinde Daniel R $116,400 --
Sauers Terrence -- --
Sauers Terrence -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaussen Paul $94,694
Previous Owner Verlinde Daniel R $112,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2015 05/01/15 Sold $99,678 0.0% $117 / Sq Ft
03/06/2015 03/06/15 Pending -- -- --
02/23/2015 02/23/15 For Sale $99,678 -- $117 / Sq Ft
Source: Michigan Multiple Listing Service

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 $3,125 $107,230 $0 $0
2024 $3,002 $104,520 $0 $0
2023 $2,916 $97,360 $0 $0
2022 $3,208 $88,800 $0 $0
2021 $2,947 $83,240 $0 $0
2020 $2,794 $77,250 $0 $0
2019 $2,839 $70,950 $0 $0
2018 $2,849 $52,780 $0 $0
2017 $2,813 $50,340 $0 $0
2016 $2,777 $46,910 $0 $0
2015 -- $32,890 $0 $0
2014 -- $28,710 $0 $0
2011 -- $34,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31230721

Michigan Multiple Listing Service

APN: 25-34-428-054

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