$255,000
SOLD OCT 10, 2024

420 Silman St Ferndale, MI 48220

3 Beds
2.5 Baths
1,859 Sq Ft
5,053 Sq Ft Lot

Recently Sold

$137 Per Sq Ft

9% Below List Price

34 Days on Market

Highlights

  • 1 Car Detached Garage
  • Bungalow
  • Forced Air Heating and Cooling System
  • Living Room
  • Kitchen Island
  • Back Yard Fenced

About This Home

As of October 2024

Beautiful Ferndale 3 Bed 2.5 Bath Bungalow. This house has been fully updated! Amazing kitchen with huge island. Hardwood floors throughout main level. Two bedrooms on the main floor with a full master bed and bath upstairs. Full waterproofing in the basement.

New roof and siding in 2021

Last Agent to Sell the Property

Jon and Scott Wilcox

eXp Realty, LLC License #6501420609 Listed on: 08/10/2024

eXp Realty, LLC

Last Buyer's Agent

Pierre Elia

EXP Z Real Estate License #6501440155

EXP Z Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 5,053 Sq Ft Lot
  • Lot Dimensions are 40x127x40x127
  • Back Yard Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Living Room

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Gas Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1939
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40x127x40x127
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1859.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 6624.0
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: No
  • Appliances Microwave: Yes
  • Water Heater:Natural Gas4: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Roofing:Asphalt2: Yes
  • General Property Info:SqFt Above Grade: 1100.0
  • Laundry Features In Basement: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • General Property Info Garage YN: Yes
  • Fencing:Fenced Back: Yes
  • Architectural Style Bungalow: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave
  • Interior Amenities: Center Island
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 1859.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Half Baths: 1
  • Basement Rooms:Basement Finished SQFT: 759.0
  • Basement Rooms:Total Basement SQFT: 759.0
  • Kitchen Features:Center Island: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 759.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Fenced Back
  • List Price: 259000.0
  • Road Surface Type: Paved
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Gas Dryer Hookup, In Basement
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 40x127x40x127
  • Lot Size Sq Ft: 5053.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6624.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2024
Closed on
Oct 8, 2024
Sold by
Conventus Llc
Bought by
Wolf Sarah
Seller's Agent
Jon and Scott Wilcox
eXp Realty, LLC
Buyer's Agent
Pierre Elia
EXP Z Real Estate
List Price
$279,900
Sold Price
$255,000
Premium/Discount to List
-$24,900
-8.9%
Views
2015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$204,000
Outstanding Balance
$202,408
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$66,127

Purchase Details

Closed on
Nov 28, 2023
Sold by
Oakland County Sheriff
Bought by
Conventus Llc

Purchase Details

Listed on
Jan 16, 2021
Closed on
Apr 26, 2021
Sold by
Distler Charlene M and The Estate Of Nellie Mikulin
Bought by
Sherrit Katherine
Seller's Agent
Jon and Scott Wilcox
EXP Realty Main
Buyer's Agent
Katherine Sherrit
Vylla Home
List Price
$135,000
Sold Price
$155,000
Premium/Discount to List
$20,000
14.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.80%
Original Mortgage
$155,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 $255,000 Liberty Title
Sheriffs Deed $176,025 None Listed On Document
Warranty Deed $155,000 Liberty Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $204,000 New Conventional
Closed $204,000 New Conventional
Previous Owner $157,000 New Conventional
Previous Owner $155,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2024 10/10/24 Sold $255,000 -1.5% $137 / Sq Ft
09/13/2024 09/13/24 Pending -- -- --
09/02/2024 09/02/24 Price Changed $259,000 -0.3% $139 / Sq Ft
08/28/2024 08/28/24 Price Changed $259,900 -7.1% $140 / Sq Ft
08/10/2024 08/10/24 For Sale $279,900 +80.6% $151 / Sq Ft
04/26/2021 04/26/21 Sold $155,000 +14.8% $142 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
01/16/2021 01/16/21 For Sale $135,000 -- $124 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $6,917 $138,620 $0 $0
2023 $6,461 $95,590 $0 $0
2022 $6,239 $86,160 $0 $0
2021 $2,788 $79,780 $0 $0
2020 $2,670 $73,130 $0 $0
2019 $2,690 $63,730 $0 $0
2018 $2,682 $57,990 $0 $0
2017 $2,643 $56,810 $0 $0
2016 $2,610 $52,580 $0 $0
2015 -- $47,190 $0 $0
2014 -- $41,350 $0 $0
2011 -- $43,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24041671

Southwestern Michigan Association of REALTORS®

APN: 25-34-429-025