NOT LISTED FOR SALE

48 Fairwood Blvd Pleasant Ridge, MI 48069

Estimated Value: $426,734 - $482,000

3 Beds
2 Baths
1,402 Sq Ft
$328/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $326,000 $233 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,109/month

24 Days on Market

Highlights

  • No HOA
  • Bungalow
  • 2 Car Garage
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • 3-minute walk to Victory Park

About This Home

As of December 2018

Beautifully renovated bungalow loaded with character and Charm in prime Pleasant Ridge! Newly renovated kitchen with custom granite counter tops and stainless steel appliances. Renovated bathrooms. HUGE master suite with en suite bath and dual sinks. Beautiful living room with fireplace. Formal dining room. Finished basement with ample storage. Charming covered porch that makes for a very welcoming entrance to the home. Large backyard. A number of big ticket updates including newer roof, windows, plumbing, furnace, central A/C, and updated electrical. Possession at closing!

Last Agent to Sell the Property

Jimmy Saros

Jim Saros Real Estate Services License #6501398798 Listed on: 11/16/2018

Last Buyer's Agent

Keith Weber

RE/MAX First License #6501239845

RE/MAX First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1921

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50.00x117.00

Parking

  • 2 Car Garage

Home Design

  • Bungalow
  • Block Foundation

Interior Spaces

  • 1,402 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Finished Basement

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Sylvan Gardens Sub Pleasant Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2527180002

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,521

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Freezer, Microwave, Refrigerator, Range/Stove
  • Sq Ft Combined: 2052
  • Sq Ft Lower Floor: 650
  • Total Sq Ft: 1402
  • Sq Ft Total Bsmt: 700

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exclusions: Yes
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • Homestead: Yes
  • List Price per Acre: 2421428.5714
  • Lot Size Area: 0.14
  • Lot Dimensions: 50.00X117.00
  • Parcel Number: 2527180002

Tax Info

  • Tax Amount Summer: 6282.0000
  • Tax Amount Winter: 239.0000
  • Total Tax: 6521.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2018
Closed on
Dec 21, 2018
Sold by
Elgin Robert L and Odren Jennifer A
Bought by
Council Sarah
Seller's Agent
Jimmy Saros
Jim Saros Real Estate Services
Buyer's Agent
Keith Weber
RE/MAX First
List Price
$339,000
Sold Price
$326,000
Premium/Discount to List
-$13,000
-3.83%
Current Estimated Value
$460,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,434
Avg. Annual Appreciation
4.96%
Original Mortgage
$260,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2015
Sold by
Lane Nicholas J and Lane Tara C
Bought by
Elgin Robert L and Odren Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 28, 2013
Closed on
Apr 3, 2013
Sold by
Lane Nicholas J
Bought by
Lane Nicholas J and Lan Tara C
Seller's Agent
Robert Coburn
RE/MAX First
Buyer's Agent
David Elya
Two Doors Realty
List Price
$229,900
Sold Price
$235,000
Premium/Discount to List
$5,100
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$188,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 30, 2012
Closed on
Sep 28, 2012
Sold by
Hall Veronica and Betty Hall Living Trust
Bought by
Bailey Teresa L
Seller's Agent
Tom Lipinski
Keller Williams Realty Lakeside
Buyer's Agent
Pamela Tuttle
NON-RESIDENT OFFICE
List Price
$120,000
Sold Price
$100,000
Premium/Discount to List
-$20,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
434.05%

Purchase Details

Closed on
Jan 12, 1998
Sold by
Hall Betty
Bought by
Hall Trust
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
Council Sarah $326,000 Chirco Title Agency Inc
Elgin Robert L $295,000 Abstract Title Agency
Lane Nicholas J -- None Available
Lane Nicholas J $235,000 Franklin Title Agency Llc
Bailey Teresa L $100,000 Fidelity Natl Title Ins Co
Hall Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Council Sarah $254,000
Closed Council Sarah $260,000
Previous Owner Elgin Robert L $295,000
Previous Owner Lane Nicholas J $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2018 12/21/18 Sold $326,000 -3.8% $233 / Sq Ft
12/10/2018 12/10/18 Pending -- -- --
11/16/2018 11/16/18 For Sale $339,000 +44.3% $242 / Sq Ft
04/03/2013 04/03/13 Sold $235,000 +2.2% $168 / Sq Ft
03/13/2013 03/13/13 Pending -- -- --
02/28/2013 02/28/13 For Sale $229,900 +129.9% $164 / Sq Ft
09/28/2012 09/28/12 Sold $100,000 -16.7% $71 / Sq Ft
09/10/2012 09/10/12 Pending -- -- --
08/30/2012 08/30/12 For Sale $120,000 -- $86 / 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 $7,874 $186,040 $0 $0
2023 $7,530 $183,170 $0 $0
2022 $7,472 $170,250 $0 $0
2021 $7,152 $162,240 $0 $0
2020 $6,808 $152,880 $0 $0
2019 $6,948 $149,030 $0 $0
2018 $6,527 $148,030 $0 $0
2017 $6,420 $146,480 $0 $0
2016 $6,429 $135,570 $0 $0
2015 -- $117,670 $0 $0
2014 -- $103,810 $0 $0
2011 -- $76,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218111577

Realcomp

APN: 25-27-180-002