$120,000
SOLD DEC 12, 2018

481 E Woodland St Ferndale, MI 48220

3 Beds
1 Bath
1,119 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$107 Per Sq Ft

8% Below List Price

15 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating System
  • Enclosed patio or porch
  • Humidifier
  • Ceiling Fan

About This Home

As of August 2021

Investor special in NE Ferndale. Spacious living and dining rooms offer refinished hardwood floors. Open kitchen boasts a breakfast nook. Two entry level bedrooms share an updated full bath with custom tile shower. Upper level features one bedroom and two additional spaces that can be converted into bedrooms. Lower level provides laundry and storage space. Enclosed front porch, beautiful back patio, and an outdoor shed for storage. Welcome home!

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 11/14/2018

Good Company

Last Buyer's Agent

Brian Owen

O & Smythe License #6502414449

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35.00x129.00
  • Fenced

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,119 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Dishwasher
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed patio or porch
  • Exterior Lighting

Utilities

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

Community Details

  • No Home Owners Association
  • Woodward Heights Sub No 2 Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2527402030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,509

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 168
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Humidifier
  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Dryer, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1119
  • Total Sq Ft: 1119
  • Sq Ft Total Bsmt: 690

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 35
  • Porch Type: Patio, Porch - Enclosed
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1299000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 35.00X129.00
  • Parcel Number: 2527402030

Tax Info

  • Tax Amount Summer: 1402.0000
  • Tax Amount Winter: 107.0000
  • Total Tax: 1509.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Aug 16, 2021
Sold by
Healy Patrick and The Patrick R Healy Living Tru
Bought by
Jacob Howard
Seller's Agent
Rich Stimson
@properties Christie's Int'l R.E. Detroit
Buyer's Agent
Paul Banicki
Sine & Monaghan Realtors Real Living LLC RO
List Price
$194,500
Sold Price
$195,000
Premium/Discount to List
$500
0.26%
Current Estimated Value
$222,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,750
Avg. Annual Appreciation
3.95%
Original Mortgage
$175,500
Outstanding Balance
$160,271
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$67,263

Purchase Details

Closed on
Sep 6, 2019
Sold by
Healy Investments Llc
Bought by
481 E Woodland Llc

Purchase Details

Listed on
Nov 14, 2018
Closed on
Dec 12, 2018
Sold by
Vyver Scott Van De
Bought by
Healy Investments Llc
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Brian Owen
O & Smythe
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.08%

Purchase Details

Closed on
Jun 6, 2014
Sold by
Re Fund Woodward Llc
Bought by
Vande Vyver Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,200
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2012
Sold by
Re Fund Llc
Bought by
Re Fund Woodward Llc

Purchase Details

Closed on
Apr 25, 2011
Sold by
Yarbrough Sandy J
Bought by
Re/Fund Llc

Purchase Details

Closed on
Dec 5, 2001
Sold by
Thomas Greg
Bought by
Yarbrough Sandy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,650
Interest Rate
6.92%

Purchase Details

Closed on
Sep 27, 2001
Sold by
Summers Drife I
Bought by
Thomas Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.64%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $195,000 Ata National Title Group Llc
Warranty Deed $195,000 Ata National Title
Quit Claim Deed -- Ata National Title Group
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed $120,000 None Available
Warranty Deed $61,500 Fairlane Title Agency Llc
Quit Claim Deed -- None Available
Warranty Deed $20,000 Devon Title Agency
Deed $84,900 --
Deed $65,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,500 New Conventional
Closed $175,500 New Conventional
Previous Owner $49,200 New Conventional
Previous Owner $108,500 Unknown
Previous Owner $80,650 No Value Available
Previous Owner $52,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2021 08/16/21 Sold $195,000 +0.3% $283 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $194,500 -0.3% $282 / Sq Ft
06/16/2021 06/16/21 Off Market $195,000 -- --
05/14/2021 05/14/21 For Sale $250,000 +108.3% $362 / Sq Ft
12/12/2018 12/12/18 Sold $120,000 -7.6% $107 / Sq Ft
11/29/2018 11/29/18 Pending -- -- --
11/14/2018 11/14/18 For Sale $129,900 -- $116 / 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 $4,659 $97,780 $0 $0
2023 $4,530 $91,580 $0 $0
2022 $4,557 $83,950 $0 $0
2021 $4,285 $68,130 $0 $0
2020 $4,101 $62,230 $0 $0
2019 $4,061 $53,940 $0 $0
2018 $1,443 $40,830 $0 $0
2017 $1,492 $37,470 $0 $0
2016 $1,401 $30,070 $0 $0
2015 -- $22,240 $0 $0
2014 -- $19,290 $0 $0
2011 -- $32,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 218109800

Realcomp

APN: 25-27-402-030