NOT LISTED FOR SALE

421 E Marshall St Ferndale, MI 48220

Estimated Value: $295,000 - $330,000

3 Beds
2 Baths
1,633 Sq Ft
$194/Sq Ft Est. Value

Last Sold July 07, 2016

Last sale price $164,000 $100 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,199/month

10 Days on Market

Highlights

  • Balcony
  • Forced Air Heating System
  • Fenced

About This Home

As of July 2016

Spacious two family home on pride of ownership block. Two bedroom lower features hardwood floors, fireplace, built in bookcases, large formal dining room, spacious kitchen and loads of charm. The one bedroom upper is very roomy, has a great front porch walk-out, and wood floors. The entire exterior was repainted in 2015, there are separate furnaces and many other features. Current rents: lower $850 - month to month and upper $695 leased through 6/30/16. City certified through 08/17.

Last Agent to Sell the Property

Keith Weber

RE/MAX First License #6501239845 Listed on: 04/01/2016

RE/MAX First

Last Buyer's Agent

Keith Weber

RE/MAX First License #6501239845 Listed on: 04/01/2016

RE/MAX First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x128
  • Fenced

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 2 Full Bathrooms
  • 1,633 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • Woodward Grove Sub Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2534278038

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,040

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 284
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1633
  • Total Sq Ft: 1633
  • Sq Ft Total Bsmt: 933

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Cedar, Wood
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Porch Type: Balcony
  • Road Frontage Type: Paved, Pub. Sidewalk

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Ferndale

Lot Info

  • List Price per Acre: 1332500.0000
  • Lot Size Area: 0.12
  • Lot Dimensions: 40X128
  • Parcel Number: 2534278038
  • Zoning: Residential

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1545

Tax Info

  • Tax Amount Summer: 3974.0000
  • Tax Amount Winter: 66.0000
  • Total Tax: 4040.0000

Multi Family

  • Gross Scheduled Income: 18540.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2024
Sold by
Barber Luke K and Barber Lesley D
Bought by
Barber Trust and Barber
Current Estimated Value
$316,140

Purchase Details

Listed on
Apr 1, 2016
Closed on
Jul 7, 2016
Sold by
Ursu Joan Cowley
Bought by
Barber Luke K and Barber Lesley D
Seller's Agent
Keith Weber
RE/MAX First
Buyer's Agent
Keith Weber
RE/MAX First
List Price
$159,900
Sold Price
$164,000
Premium/Discount to List
$4,100
2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%
Original Mortgage
$157,102
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 4, 2014
Sold by
Ursu Joan C
Bought by
Ursu Joan Cowley
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
Barber Trust -- None Listed On Document
Barber Trust -- None Listed On Document
Barber Luke K $164,000 Partners Title
Ursu Joan Cowley -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barber Luke K $200,000
Previous Owner Barber Luke K $158,000
Previous Owner Barber Luke K $157,102
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2016 07/07/16 Sold $164,000 +2.6% $100 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $159,900 0.0% $98 / Sq Ft
07/13/2015 07/13/15 Rented $695 0.0% --
07/01/2015 07/01/15 Under Contract -- -- --
06/25/2015 06/25/15 For Rent $695 -18.2% --
12/29/2014 12/29/14 Rented $850 0.0% --
12/05/2014 12/05/14 Under Contract -- -- --
11/28/2014 11/28/14 For Rent $850 +22.3% --
06/16/2014 06/16/14 Rented $695 0.0% --
06/09/2014 06/09/14 Under Contract -- -- --
05/28/2014 05/28/14 For Rent $695 -- --
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 $5,716 $134,780 $0 $0
2023 $5,550 $132,610 $0 $0
2022 $5,578 $125,790 $0 $0
2021 $5,486 $117,020 $0 $0
2020 $5,200 $113,000 $0 $0
2019 $5,283 $103,310 $0 $0
2018 $5,301 $91,810 $0 $0
2017 $5,133 $86,770 $0 $0
2016 $4,181 $61,950 $0 $0
2015 -- $52,660 $0 $0
2014 -- $44,340 $0 $0
2011 -- $44,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Keith Weber

    Seller's Agent in 2016

    Keith Weber

    RE/MAX of Southeast Michigan

    (248) 561-2708

    33 in this area

    126 Total Sales

    Keith Weber
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Map

Source: Realcomp

MLS Number: 216030000

Realcomp

APN: 25-34-278-038

Michigan Oakland County Ferndale 48220

421 E Marshall St, Ferndale, MI

This home is located at 421 E Marshall St, Ferndale, MI 48220 since 01 April 2016 and is currently estimated at $316,140, approximately $193 per square foot. This property was built in 1926. 421 E Marshall St is a home located in Oakland County with nearby schools including Ferndale Lower Elementary Campus, Ferndale Upper Elementary Campus, and Ferndale Middle School.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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