NOT LISTED FOR SALE

460 E Marshall St Ferndale, MI 48220

Estimated Value: $291,000 - $319,000

3 Beds
2 Baths
1,376 Sq Ft
$218/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $216,000 $157 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,061/month

4 Days on Market

Highlights

  • Porch
  • Garage
  • Fenced
  • Forced Air Heating System

About This Home

As of August 2019

Classic vintage income Bungalow - two family home. Updated, spacious, and beautifully maintained. Two bedroom lower flat enjoys oak hardwood floors, bright light through newer windows, both bath and kitchen have been updated nicely. Relax on the front sitting porch or pop half a mile to downtown Ferndale with shops and entertainment. The second floor flat is amazingly open and bright with living room, dining room, large storage closet, and a remodeled kitchen (White and clean), updated bath and more. Ideal for smart investor or owner occupant. Two car garage, Ferndale schools, and a great opportunity to Make Home Here.

Last Agent to Sell the Property

Keith Weber

RE/MAX First License #6501239845 Listed on: 07/10/2019

RE/MAX First

Last Buyer's Agent

Keith Weber

RE/MAX First License #6501239845 Listed on: 07/10/2019

RE/MAX First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1927

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40 x 129
  • Fenced

Parking

  • Garage

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,376 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

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

Community Details

  • 2 Units
  • Woodward Grove Sub Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2534279032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,109

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: Unknown
  • Year Built: 1927
  • 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: 1376
  • Total Sq Ft: 1376
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: Garages, 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

Schools

  • School District: Ferndale

Lot Info

  • List Price per Acre: 1791666.6667
  • Lot Size Area: 0.12
  • Lot Dimensions: 40 x 129
  • Parcel Number: 2534279032
  • Zoning: Residential

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup)
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1750

Tax Info

  • Tax Amount Summer: 3042.1700
  • Tax Amount Winter: 67.2000
  • Total Tax: 3109.3700

Multi Family

  • Gross Scheduled Income: 21000.00
  • Number Of Units Total: 2
  • Unit Count: 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

Listed on
Jul 10, 2019
Closed on
Aug 30, 2019
Sold by
Wild Brian and Cabalum James
Bought by
Fischmann Corey K
Seller's Agent
Keith Weber
RE/MAX First
Buyer's Agent
Keith Weber
RE/MAX First
List Price
$215,000
Sold Price
$216,000
Premium/Discount to List
$1,000
0.47%
Current Estimated Value
$300,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,653
Avg. Annual Appreciation
5.52%

Purchase Details

Closed on
Aug 8, 2014
Sold by
Cabalum Kelly S
Bought by
Cabalum James S

Purchase Details

Closed on
May 28, 2004
Sold by
Koch Catherine
Bought by
Wild Brian and Cabalum James

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
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2004
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 10, 2004
Sold by
Koch Catherine
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Jun 30, 2000
Sold by
Butts Alger P
Bought by
Koch Catherine

Purchase Details

Closed on
Feb 10, 2000
Sold by
Butts Joanne
Bought by
Koch Catherine
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
Fischmann Corey K $216,000 Partners Title Agency Llc
Cabalum James S -- None Available
Wild Brian $170,000 Title One Inc
Federal National Mortgage Association -- --
Mortgage Electronic Registration Systems $169,125 --
Koch Catherine $131,900 --
Koch Catherine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wild Brian $136,000
Closed Koch Catherine --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $216,000 +0.5% $157 / Sq Ft
07/14/2019 07/14/19 Pending -- -- --
07/10/2019 07/10/19 For Sale $215,000 -- $156 / 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 $5,663 $123,010 $0 $0
2023 $5,498 $118,810 $0 $0
2022 $5,526 $110,150 $0 $0
2021 $5,559 $101,500 $0 $0
2020 $5,269 $95,680 $0 $0
2019 $3,110 $85,760 $0 $0
2018 $3,100 $76,700 $0 $0
2017 $3,056 $74,700 $0 $0
2016 $3,019 $60,820 $0 $0
2015 -- $51,700 $0 $0
2014 -- $43,530 $0 $0
2011 -- $43,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Keith Weber

    Seller's Agent in 2019

    Keith Weber

    RE/MAX of Southeast Michigan

    (248) 561-2708

    31 in this area

    119 Total Sales

    Keith Weber
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Map

Source: Realcomp

MLS Number: 219066324

Realcomp

APN: 25-34-279-032

Michigan Oakland County Ferndale 48220

460 E Marshall St, Ferndale, MI

This home is located at 460 E Marshall St, Ferndale, MI 48220 since 10 July 2019 and is currently estimated at $300,653, approximately $218 per square foot. This property was built in 1927. 460 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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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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