NOT LISTED FOR SALE

413 W Cambourne St Ferndale, MI 48220

Estimated Value: $423,000 - $707,947

4 Beds
2.5 Baths
2,523 Sq Ft
$211/Sq Ft Est. Value

Last Sold September 02, 2021

Last sale price $400,000 $159 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,030/month

56 Days on Market

Highlights

  • Colonial Architecture
  • Enclosed patio or porch
  • Programmable Thermostat
  • Deck
  • Energy-Efficient Appliances
  • Awning

About This Home

As of September 2021

This 2-family Brick Colonial Duplex is a Ferndale Gem! 413/417 W. Cambourne is a great opportunity located in the heart of Ferndale. Features two, 2 bedroom, 1 bathroom flats that provide separate living space. The entry level features a open floor plan, 2 bedrooms, 1 bathroom, comfortable dining room, large family room, fireplace, enclosed heated porch and newer appliances. The second unit features a open floor plan, 2 bedrooms, 1 bathroom, cozy dining room, large family room, new appliances and enclosed porch. New roof, helmet gutters, 22kw whole house generator, underground sprinkler system and private deck with awning. Has a 2 car garage, manicured backyard, award winning garden, full basement with a half bath and shower, laundry room and is walking distance to downtown Ferndale. Welcome Home!

Last Agent to Sell the Property

David Morgan

Home Solutions of Michigan License #6502408159 Listed on: 07/02/2021

Last Buyer's Agent

Curtis Traynor

Good Company License #6501429352

Good Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1946

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50.00x137.00
  • Fenced

Home Design

  • Colonial Architecture
  • Split Level Home
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Chimney Cap
  • Vinyl Construction Material

Interior Spaces

  • 2,523 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Awning
  • Finished Basement

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC

Outdoor Features

  • Deck
  • Enclosed patio or porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2527353009

Community Details

Overview

  • 2 Units
  • Woodward Heights Sub Ferndale Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,717

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Split Level
  • Architecture Level: 2 Story
  • Year Built: 1946
  • State Equalized Value: 204590.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Programmable Thermostat
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Partially Finished
  • Sq Ft Combined: 3891
  • Sq Ft Lower Floor: 1368
  • Total Sq Ft: 2523
  • Sq Ft Total Bsmt: 1368

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Awning/Overhang(s), Chimney Cap(s), Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Deck, Porch - Enclosed, Porch
  • Road Frontage Type: Pub. Sidewalk

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air, Separate Meter
  • Heating: Forced Air, Separate Meters
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas, Separate Meters
  • Water Source: Public (Municipal)

Schools

  • School District: Ferndale

Lot Info

  • Lot Size Area: 0.16
  • Lot Dimensions: 50.00X137.00
  • Parcel Number: 2527353009
  • Zone Conform: Yes
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Green Features

  • Green Energy Efficient: Appliances, HVAC

Rental Info

  • Monthly Rental Income: 3200

Tax Info

  • Tax Amount Summer: 6518.0000
  • Tax Amount Winter: 199.0000
  • Total Tax: 6717.0000
  • Taxable Value: 107650.0000

Multi Family

  • Gross Scheduled Income: 38400.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2022
Sold by
Baldassarre Matthew S
Bought by
Baldassarre Matthew S and Baldassarre Melinda S
Current Estimated Value
$531,223

Purchase Details

Listed on
Jul 2, 2021
Closed on
Sep 1, 2021
Sold by
Kitchen Michael and Kitchen Michelle
Bought by
Baldassarre Matthew S
Seller's Agent
David Morgan
Home Solutions of Michigan
Buyer's Agent
Curtis Traynor
Good Company
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%
Original Mortgage
$320,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2012
Sold by
Kitchen Valerie E
Bought by
Kitchen Valerie E and Valerie E Kitchen Living Trust
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 Buyer Sale Price Title Company
Baldassarre Matthew S -- None Listed On Document
Baldassarre Matthew S $400,000 None Available
Baldassarre Matthew S $400,000 None Available
Kitchen Valerie E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baldassarre Matthew S $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2021 09/02/21 Sold $400,000 -5.9% $159 / Sq Ft
08/28/2021 08/28/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $425,000 -- $168 / 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 $13,146 $248,150 $0 $0
2023 $12,759 $235,760 $0 $0
2022 $12,787 $215,070 $0 $0
2021 $6,853 $202,780 $0 $0
2020 $6,518 $204,590 $0 $0
2019 $6,602 $203,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210051512

Realcomp

APN: 25-27-353-009