NOT LISTED FOR SALE

441 E Cambourne St Ferndale, MI 48220

Estimated Value: $364,000 - $391,637

4 Beds
2 Baths
2,198 Sq Ft
$170/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $315,000 $143 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,754/month

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • 2 Car Garage
  • Porch

About This Home

As of December 2023

Fantastic multifamily home on a corner lot within walking distance of downtown Ferndale. Upper and lower units feature a similar layout with spacious rooms and hardwood floors. Light filled family room and dining room with coved ceilings. Bright kitchen with a small breakfast nook and ample cabinet space. Two bedrooms share a jack and Jill full bath in both units. Shared basement with laundry and lots of storage space. Fenced backyard and a detached two car garage. Steps from downtown Ferndale shops and restaurants. Welcome Home!

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 11/22/2023

Good Company

Last Buyer's Agent

Jim Shaffer

Good Company License #6502380733 Listed on: 11/22/2023

Good Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1919

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x131

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,198 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2527455012
  • $1,000 Seller Concession

Community Details

Overview

  • 2 Units
  • Michelson Woods Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,217

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 309.00
  • Year Built: 1919
  • State Equalized Value: 170900.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2198
  • Total Sq Ft: 2198
  • Sq Ft Total Bsmt: 1099

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 40
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Ferndale

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 40X131
  • Parcel Number: 2527455012
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 6070.0000
  • Tax Amount Winter: 147.0000
  • Total Tax: 6217.0000
  • Taxable Value: 85360.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2023
Closed on
Dec 8, 2023
Sold by
Keener Karen
Bought by
Bradley Adam
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Jim Shaffer
Good Company
List Price
$300,000
Sold Price
$315,000
Premium/Discount to List
$15,000
5%
Views
8
Current Estimated Value
$363,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,358
Avg. Annual Appreciation
9.61%
Original Mortgage
$267,750
Outstanding Balance
$264,582
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$102,250

Purchase Details

Closed on
Dec 20, 2002
Sold by
Tiffany James M
Bought by
Keener Karen

Purchase Details

Closed on
Mar 20, 1998
Sold by
Tiffany Christopher J
Bought by
Tiffany James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.27%
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
Bradley Adam $315,000 None Listed On Document
Keener Karen $221,000 Devon Title Agency
Tiffany James M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bradley Adam $267,750
Previous Owner Tiffany James M $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $315,000 +5.0% $143 / Sq Ft
11/22/2023 11/22/23 Pending -- -- --
11/22/2023 11/22/23 For Sale $300,000 -- $136 / 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 $8,960 $174,740 $0 $0
2023 $6,070 $170,900 $0 $0
2022 $6,016 $166,650 $0 $0
2021 $5,996 $162,440 $0 $0
2020 $5,741 $148,300 $0 $0
2019 $5,783 $134,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230096337

Realcomp

APN: 25-27-455-012