NOT LISTED FOR SALE

437 Pearson St Ferndale, MI 48220

Estimated Value: $306,527 - $342,000

3 Beds
2 Baths
1,356 Sq Ft
$242/Sq Ft Est. Value

Last Sold February 22, 2019

Last sale price $220,000 $162 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,207/month

28 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Bungalow
  • No HOA
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of February 2019

Classic 1927 Arts & Crafts style Bungalow near downtown Ferndale. Large front sitting porch, vestibule entry, large living room with awesome stone fireplace, dark stained hardwood floors, and archway into formal dining room. Large kitchen with stainless steel appliances and lots of cupboards. Bright breakfast nook catches the morning sun! One bedroom and updated bath complete the first floor. Upstairs, there are two more large bedrooms and a second full bath! Many updates including siding, electrical, plumbing, etc.. Great location in the neighborhood. Celebrate life, Make Home Here.

Last Agent to Sell the Property

Keith Weber

RE/MAX First License #6501239845 Listed on: 12/28/2018

RE/MAX First

Last Buyer's Agent

Danny Kasyouhanan

4Houses Realty, LLC License #6501395245

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1927

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40 x 112
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,356 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Greenwood Park Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2534176008
  • $2,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,099

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: Unknown
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 1356

Exterior Features

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

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached, Side Entrance
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 2199000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 40 x 112
  • Parcel Number: 2534176008

Tax Info

  • Tax Amount Summer: 3005.7600
  • Tax Amount Winter: 92.8100
  • Total Tax: 3098.5700

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2018
Closed on
Feb 22, 2019
Sold by
Belanger Neal Lisa and Belanger Lisa M
Bought by
Nowaczyk Gregory and Nowaczyk Courtney
Seller's Agent
Keith Weber
RE/MAX First
Buyer's Agent
Danny Kasyouhanan
4Houses Realty, LLC
List Price
$235,000
Sold Price
$220,000
Premium/Discount to List
-$15,000
-6.38%
Current Estimated Value
$327,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,632
Avg. Annual Appreciation
5.97%
Original Mortgage
$209,000
Outstanding Balance
$182,247
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$145,385

Purchase Details

Closed on
Jan 4, 2013
Sold by
Schillace Nicholas S and Belanger Lisa M
Bought by
Belanger Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2004
Sold by
Moncin Enterprises Inc
Bought by
Schillace Nicholas S and Schillace Lisa M

Purchase Details

Closed on
Jan 8, 1996
Sold by
Maurice W Dawes Tr
Bought by
Moncin Enterprises Inc
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 Buyer Sale Price Title Company
Nowaczyk Gregory $220,000 Partners Title Agency Llc
Belanger Lisa M -- First American Title Ins Co
Schillace Nicholas S $165,000 Metropolitan Title Company
Moncin Enterprises Inc $21,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nowaczyk Gregory $209,000
Previous Owner Belanger Lisa M $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2019 02/22/19 Sold $220,000 0.0% $162 / Sq Ft
01/25/2019 01/25/19 Pending -- -- --
01/22/2019 01/22/19 Price Changed $219,900 -6.4% $162 / Sq Ft
12/28/2018 12/28/18 For Sale $235,000 -- $173 / 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
2025 $5,912 $137,710 $0 $0
2024 $5,672 $134,280 $0 $0
2023 $5,517 $124,250 $0 $0
2022 $5,553 $113,160 $0 $0
2021 $5,587 $103,320 $0 $0
2020 $5,290 $98,350 $0 $0
2019 $3,087 $83,280 $0 $0
2018 $3,099 $74,460 $0 $0
2017 $3,059 $72,910 $0 $0
2016 $3,021 $68,550 $0 $0
2015 -- $64,280 $0 $0
2014 -- $55,020 $0 $0
2011 -- $53,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218120476

Realcomp

APN: 25-34-176-008