NOT LISTED FOR SALE

467 W Chesterfield St Ferndale, MI 48220

Estimated Value: $269,000 - $301,000

3 Beds
2 Baths
1,794 Sq Ft
$162/Sq Ft Est. Value

Last Sold September 13, 2019

Last sale price $182,500 $102 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,161/month

235 Days on Market

About This Home

As of September 2019

Sharp duplex and a great location in fabulous Ferndale. Both units are currently rented. Hardwood floors throughout, newer windows, big detached garage and more. Separate entrances and shared laundry on site. Tenants ask for 24 hour notice for showings.

Last Agent to Sell the Property

Caryn Jensen

Legacy Realty Group License #6501138984 Listed on: 12/28/2018

Last Buyer's Agent

Johanna Walker

O'Connor Realty License #RCO-6501384796

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35.00x122.00

Home Design

  • Brick Foundation
  • Masonry

Interior Spaces

  • 2 Full Bathrooms
  • 1,794 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Meters

Community Details

  • 2 Units
  • Adolph Sloman's Woodward Blvd Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2534454005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,994

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 283
  • 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: Common
  • Sq Ft Combined: 1794
  • Total Sq Ft: 1794
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Block/Concrete/Masonry
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Gravity, Separate Meters
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Ferndale

Lot Info

  • List Price per Acre: 1949000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 35.00X122.00
  • Parcel Number: 2534454005
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1500

Tax Info

  • Tax Amount Summer: 2931.0000
  • Tax Amount Winter: 63.0000
  • Total Tax: 2994.0000

Multi Family

  • Gross Scheduled Income: 18000.00
  • 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

Listed on
Dec 28, 2018
Closed on
Sep 12, 2019
Sold by
Kochensparger James J
Bought by
Costello Daniel and Costello Elina
Seller's Agent
Caryn Jensen
Legacy Realty Group
Buyer's Agent
Johanna Walker
O'Connor Realty
List Price
$194,900
Sold Price
$182,500
Premium/Discount to List
-$12,400
-6.36%
Current Estimated Value
$290,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,281
Avg. Annual Appreciation
7.42%
Original Mortgage
$136,875
Outstanding Balance
$108,443
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$171,318
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
Costello Daniel $182,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costello Daniel $136,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2019 09/13/19 Sold $182,500 -6.4% $102 / Sq Ft
08/20/2019 08/20/19 Pending -- -- --
12/28/2018 12/28/18 For Sale $194,900 0.0% $109 / Sq Ft
07/17/2015 07/17/15 Rented $875 0.0% --
07/07/2015 07/07/15 Under Contract -- -- --
06/14/2015 06/14/15 For Rent $875 +2.9% --
05/23/2014 05/23/14 Rented $850 -2.9% --
05/08/2014 05/08/14 Under Contract -- -- --
10/02/2013 10/02/13 For Rent $875 +47.1% --
10/01/2013 10/01/13 Rented $595 0.0% --
09/25/2013 09/25/13 Under Contract -- -- --
08/15/2013 08/15/13 For Rent $595 -- --
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 $6,946 $119,340 $0 $0
2023 $6,709 $107,430 $0 $0
2022 $7,276 $97,430 $0 $0
2021 $6,628 $90,340 $0 $0
2020 $6,345 $86,230 $0 $0
2019 $3,006 $78,960 $0 $0
2018 $2,996 $67,910 $0 $0
2017 $2,953 $67,560 $0 $0
2016 $2,917 $56,240 $0 $0
2015 -- $46,370 $0 $0
2014 -- $39,400 $0 $0
2011 -- $41,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Caryn Jensen

    Legacy Realty Group

    Section Image
  • Johanna Walker

    Buyer's Agent in 2019

    Johanna Walker

    O'Connor Realty

    (248) 767-1194

    3 in this area

    29 Total Sales

    Johanna Walker
    Section Image

  • J

    Seller's Agent in 2015

    Jerry Takis

    RE/MAX

    Section Image
  • David Yankovich

    Buyer's Agent in 2014

    David Yankovich

    Adams Realty Services

    (248) 996-7631

    1 in this area

    50 Total Sales

    David Yankovich
    Section Image
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Map

Source: Realcomp

MLS Number: 218120538

Realcomp

APN: 25-34-454-005

Michigan Oakland County Ferndale 48220

467 W Chesterfield St, Ferndale, MI

This home is located at 467 W Chesterfield St, Ferndale, MI 48220 since 28 December 2018 and is currently estimated at $290,781, approximately $162 per square foot. This property was built in 1926. 467 W Chesterfield St is a home located in Oakland County with nearby schools including Ferndale Lower Elementary Campus, Ferndale Upper Elementary Campus, and Ferndale Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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