NOT LISTED FOR SALE

456 E Lewiston Ave Ferndale, MI 48220

Estimated Value: $285,000 - $327,000

2 Beds
2 Baths
1,632 Sq Ft
$187/Sq Ft Est. Value

Last Sold June 10, 2016

Last sale price $181,000 $111 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,164/month

46 Days on Market

About This Home

As of June 2016

LARGE 1920'S BUNGALOW WITHIN WALKING DISTANCE TO DOWNTOWN. BOTH UNITS ARE TWO BEDROOMS W/ HARDWOOD FLOORS AND CERAMIC TILE BATHROOMS. NEW FLOORING IN BOTH KITCHENS. LOWER UNIT HAS STAINLESS STEEL STOVE & REFRIGERATOR. ONE TENANT IS CURRENTLY LEASING BOTH UNITS FOR $1,800.00. PROPERTY IS LICENSED AS A TWO FAMILY FROM THE CITY. POSSESSION IS SUBJECT TO TENANTS RIGHTS. 48 HOURS NOTICE FOR ALL SHOWINGS.

Last Agent to Sell the Property

Robert Coburn

RE/MAX First License #6501265468 Listed on: 03/24/2016

RE/MAX First

Last Buyer's Agent

Joseph Zetouna

KW Metro License #RCO-6501349843

KW Metro

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • Lot Dimensions are 30x130.24
  • Fenced

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,632 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

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

Community Details

  • 2 Units
  • Aston's Sub Of Knowles Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2527451009
  • $3,900 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,140

Year Built

Built in 1926

Lot Details

0 Sq Ft Lot

Listing Details

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

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1632

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Road Frontage Type: Paved

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

Lot Info

  • Lot Dimensions: 30X130.24
  • Parcel Number: 2527451009
  • Zoning: Residential

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1800

Tax Info

  • Tax Amount Summer: 2088.4800
  • Tax Amount Winter: 52.0100
  • Total Tax: 2140.4900

Multi Family

  • Gross Scheduled Income: 21600.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2023
Sold by
Mikhjian Michael J Le
Bought by
Mikhjian Michael J
Current Estimated Value
$305,401

Purchase Details

Listed on
Mar 24, 2016
Closed on
Jun 10, 2016
Sold by
The Daily Planet Llc
Bought by
Mikhjian Michael J
Seller's Agent
Robert Coburn
RE/MAX First
Buyer's Agent
Joseph Zetouna
KW Metro
List Price
$189,900
Sold Price
$181,000
Premium/Discount to List
-$8,900
-4.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%
Original Mortgage
$135,750
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2015
Sold by
Oakland County Treasurer
Bought by
The Daily Planet Llc

Purchase Details

Closed on
Jun 2, 2004
Sold by
Mazur Raymond A
Bought by
Cobra Realty Co Llc

Purchase Details

Closed on
Dec 17, 2003
Sold by
Willoughby Brian T and Ellsworth Jennifer
Bought by
Mazur Raymond A

Purchase Details

Closed on
Dec 16, 1999
Sold by
Downing Mark E
Bought by
Willoughby Brian T

Purchase Details

Closed on
May 10, 1995
Sold by
Banish Terrance J
Bought by
Downing Mark E and Downing Nena B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,500
Interest Rate
8.26%
Mortgage Type
New Conventional
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
Mikhjian Michael J -- None Listed On Document
Mikhjian Michael J -- None Listed On Document
Mikhjian Michael J $181,000 None Available
The Daily Planet Llc $92,500 None Available
Cobra Realty Co Llc -- --
Mazur Raymond A $188,000 Metropolitan Title Company
Willoughby Brian T -- --
Downing Mark E $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mikhjian Michael J $135,750
Previous Owner Downing Mark E $45,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2016 06/10/16 Sold $181,000 -4.7% $111 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
03/24/2016 03/24/16 For Sale $189,900 -- $116 / Sq Ft
Source: Realcomp

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 $7,089 $134,910 $0 $0
2024 $6,876 $131,280 $0 $0
2023 $6,650 $123,990 $0 $0
2022 $6,598 $114,770 $0 $0
2021 $6,575 $111,080 $0 $0
2020 $6,290 $108,770 $0 $0
2019 $6,338 $99,430 $0 $0
2018 $6,320 $83,510 $0 $0
2017 $6,287 $82,600 $0 $0
2016 $5,880 $75,640 $0 $0
2015 -- $52,160 $0 $0
2014 -- $42,850 $0 $0
2011 -- $39,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216027035

Realcomp

APN: 25-27-451-009

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