Seller's Agent in 2017
Jim Shaffer
Good Company
(248) 834-3030
451 in this area
3,702 Total Sales
481 Academy St Ferndale, MI 48220
Estimated Value: $170,000 - $320,000
2
Beds
1
Bath
1,033
Sq Ft
$224/Sq Ft
Est. Value
Highlights
- No HOA
- Enclosed Patio or Porch
- Forced Air Heating and Cooling System
- 1 Car Detached Garage
- Bungalow
- Ceiling Fan
About This Home
As of November 2017Great opportunity for an investment or starter home in Ferndale. Price reflects updates needed. Classic floorplan with large living room moving into the dining room. Big step down laundry room/furnace room off of the kitchen. Two bedrooms and full bathroom on the entry level. Fantastic potential awaits! Welcome home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1924
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 33x108.9
- Fenced
Parking
- 1 Car Detached Garage
Home Design
- Bungalow
- Block Foundation
- Asphalt Roof
Interior Spaces
- 1,033 Sq Ft Home
- 1.5-Story Property
- Ceiling Fan
- Crawl Space
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Enclosed Patio or Porch
- Exterior Lighting
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- The Little Farms Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 2534230038
- $2,500 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 29, 2017
Closed on
Nov 29, 2017
Sold by
Balagan Darrin
Bought by
Benavides Nancy Marie and Benavides Richard
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Jim Shaffer
Good Company
List Price
$90,000
Sold Price
$99,000
Premium/Discount to List
$9,000
10%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,490
Avg. Annual Appreciation
11.16%
Original Mortgage
$89,100
Outstanding Balance
$74,898
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$156,592
Purchase Details
Closed on
May 30, 2008
Sold by
Rainey Dennis W and Rainey Karen M
Bought by
Balagna Darrin
Purchase Details
Closed on
May 21, 2008
Sold by
Rainey Dennis W and Rainey Nadine Mary
Bought by
Rainey Dennis W
Purchase Details
Closed on
Mar 4, 2003
Sold by
Rainey Nadine M
Bought by
Rainey Nadine M and Rainey Dennis W
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Benavides Nancy Marie | $99,000 | None Available | |
| Balagna Darrin | $57,750 | Capital Title Ins Agency | |
| Rainey Dennis W | -- | None Available | |
| Rainey Nadine M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Benavides Nancy Marie | $89,100 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/29/2017 11/29/17 | Sold | $99,000 | +10.0% | $96 / Sq Ft |
| 10/21/2017 10/21/17 | Pending | -- | -- | -- |
| 10/20/2017 10/20/17 | For Sale | $90,000 | 0.0% | $87 / Sq Ft |
| 10/05/2017 10/05/17 | Pending | -- | -- | -- |
| 09/29/2017 09/29/17 | For Sale | $90,000 | -- | $87 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $3,782 | $87,550 | $0 | $0 |
| 2023 | $3,732 | $84,370 | $0 | $0 |
| 2022 | $3,013 | $77,790 | $0 | $0 |
| 2021 | $3,274 | $70,970 | $0 | $0 |
| 2020 | $3,111 | $66,550 | $0 | $0 |
| 2019 | $2,995 | $59,540 | $0 | $0 |
| 2018 | $3,001 | $49,780 | $0 | $0 |
| 2017 | $1,559 | $48,390 | $0 | $0 |
| 2016 | $1,535 | $39,460 | $0 | $0 |
| 2015 | -- | $33,640 | $0 | $0 |
| 2014 | -- | $28,530 | $0 | $0 |
| 2011 | -- | $29,690 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Shaffer
Map
Source: Realcomp
MLS Number: 217088229
APN: 25-34-230-038
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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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