NOT LISTED FOR SALE

477 W Drayton St Ferndale, MI 48220

Estimated Value: $421,000 - $463,000

3 Beds
2 Baths
1,631 Sq Ft
$268/Sq Ft Est. Value

Last Sold February 14, 2023

Last sale price $350,000 $215 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,112/month

9 Days on Market

Highlights

  • Built-In Refrigerator
  • Deck
  • No HOA
  • Craftsman Architecture
  • Wooded Lot
  • Covered Patio or Porch

About This Home

As of February 2023

Offered for the first time in 51 years, 477 W. Drayton represents a terrific combination of classic Craftsman Bungalow architecture, a prime 60ft lot, ideal location, (situated among some of the area’s finer homes), & “great bones”.

The front sitting porch welcomes all who traverse the approach, rewarding them w/plenty of both fresh air & privacy. The porch is reason enough to want to live here. Beveled, leaded glass panels frame the entry door, there is natural oak woodwork exposed in the Living, Dining, & Sunrooms. The large living room features a built in fireplace flanked by open bookcases. The large dining room opens to the southeast facing sunroom, as well as the kitchen. ( which features excellent cupboard & counter space, multiple work stations, & appliances included). The office area also serves as access for the 1st floor full bath. The upstairs features 3 bedrooms, all ample in size, with good sized closets,. While the hardwood floors need redoing, the gorgeous leaded glass door at the head of the stairs is awesome! The 2nd floor full bath has striking black tile, white fixtures & built in linen closets The front hall closet is huge, the basement is a high ceiling, unfinished space w/multiple storage rooms & many possibilities. The 2&1/2 car garage features electricity & a door opener & was built in the 90’s (way better than the 1922 one it replaced!). Take a moment to notice the subtle texture & color of the custom brick exterior. Many things have been done, (windows, central art, gutter guards, etc..) & many things can be done from here. The one thing you can’t change is the location! This wonderful Centennial Bungalow awaits its next act. Make home here.

Last Agent to Sell the Property

Keith Weber

RE/MAX First License #6501239845 Listed on: 01/11/2023

RE/MAX First

Last Buyer's Agent

Larry Grodsky

Real Estate One-Troy License #6501306248

Real Estate One-Troy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1922

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60 x 124
  • Property fronts an easement
  • Back Yard Fenced
  • Wooded Lot
  • Additional Parcels

Home Design

  • Craftsman Architecture
  • Bungalow
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,631 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Free-Standing Electric Oven
  • Built-In Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutter Guard System

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2528428014
  • $10,000 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • Woodland Park Sub Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,311

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow, Craftsman
  • Architecture Level: 3 Story
  • Assessment: Unknown
  • Year Built: 1922
  • State Equalized Value: 172840.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Built-In Refrigerator, Dishwasher, Disposal, Dryer, Free-Standing Electric Oven, Washer
  • Sq Ft Combined: 1631
  • Total Sq Ft: 1631
  • Sq Ft Total Bsmt: 932

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Construction Features: Platted Sub.
  • Exterior Features: Gutter Guard System, Lighting, Fenced
  • Foundation Materials: Block, Brick/Mortar
  • Frontage Feet: 60
  • Porch Type: Balcony, Porch - Covered, Deck, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: S
  • Fencing: Back Yard, Fenced

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Electricity, Door Opener, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • Homestead: Yes
  • Lot Features: Easement, Part/Larger Parcel, Wooded
  • Lot Size Area: 0.17
  • Lot Dimensions: 60 x 124
  • Parcel Number: 2528428014

Tax Info

  • Tax Amount Summer: 5136.0000
  • Tax Amount Winter: 175.0000
  • Total Tax: 5311.0000
  • Taxable Value: 98430.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Feb 14, 2023
Sold by
Richard E Meyers Revocable Living Trust
Bought by
Gabon Tony and Gabon Julianne
Seller's Agent
Keith Weber
RE/MAX First
Buyer's Agent
Larry Grodsky
Real Estate One-Troy
List Price
$350,000
Sold Price
$350,000
Views
61
Current Estimated Value
$436,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,683
Avg. Annual Appreciation
8.57%
Original Mortgage
$250,000
Outstanding Balance
$242,156
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$194,527

Purchase Details

Closed on
May 23, 2008
Sold by
Meyers Richard E and Meyers Mauvis A
Bought by
Meyers Richard E and Richard E Meyers Revocable Living Trust
Source: Public Records

Range of Values:

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Average Value
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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
Gabon Tony $350,000 Partners Title
Meyers Richard E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gabon Tony $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2023 02/14/23 Sold $350,000 0.0% $215 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
01/11/2023 01/11/23 For Sale $350,000 -- $215 / 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 $9,635 $195,770 $0 $0
2023 $5,280 $181,670 $0 $0
2022 $5,314 $172,840 $0 $0
2021 $5,346 $166,330 $0 $0
2020 $5,062 $164,800 $0 $0
2019 $5,146 $155,080 $0 $0
2018 $5,166 $155,700 $0 $0
2017 $5,100 $149,570 $0 $0
2016 $5,044 $135,660 $0 $0
2015 -- $112,710 $0 $0
2014 -- $98,640 $0 $0
2011 -- $101,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230002481

Realcomp

APN: 25-28-428-014