NOT LISTED FOR SALE

483 Pearson St Ferndale, MI 48220

Estimated Value: $257,000 - $296,000

2 Beds
1.5 Baths
1,213 Sq Ft
$234/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $262,000 $216 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,023/month

13 Days on Market

Highlights

  • No HOA
  • Enclosed Patio or Porch
  • Programmable Thermostat
  • 1.5 Car Detached Garage
  • Bungalow
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

Incredible, loft-style bungalow in a highly desirable SW Ferndale neighborhood. Hardwood floors, beautiful original woodwork, crown moldings, arched doorways, pristine vintage hardware & generous room sizes. Fantastic 2-story, vaulted kitchen, living room with leaded glass windows & built-in shelving, ceramic tile full bath with stained glass windows, cool loft-style primary bedroom with half bath, vaulted ceiling & skylights. Bedroom 2 has a Venetian Plaster ceiling. Finished lower level with tons of storage. Updates include; interior paint '22, privacy fence '21, washer '21, water heater '19, and newer AC. Great location, only four short blocks to Downtown Ferndale. This one is truly one of a kind!

Last Agent to Sell the Property

Lanie Hardy Cosgrove

KW Domain License #6501261101 Listed on: 07/26/2022

KW Domain

Co-Listed By

Leslie Hardy

KW Domain License #6501327467

Last Buyer's Agent

George Goddard

Good Company License #6501404914

Good Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1925 | Remodeled in 2011

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40.00 x 93.00
  • Back Yard Fenced

Parking

  • 1.5 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,213 Sq Ft Home
  • 1.5-Story Property
  • Finished Basement

Kitchen

  • Built-In Gas Oven
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2534176002
  • $750 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • Greenwood Park Add Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,182

Year Built

Built in 1925 | Remodeled in 2011

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 172.00
  • Year Built: 1925
  • State Equalized Value: 102480.0000
  • Year Renovated: 2011
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Programmable Thermostat, Furnished - No
  • Room Count: 9
  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Built-In Gas Oven, Dishwasher, Dryer, Exhaust Fan, Free-Standing Refrigerator, Gas Cooktop, Washer
  • Sq Ft Combined: 1960
  • Sq Ft Lower Floor: 747
  • Total Sq Ft: 1213
  • Sq Ft Total Bsmt: 847

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Porch - Enclosed, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: S
  • Fencing: Back Yard

Garage/Parking

  • Garage Size: 1.5 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.09
  • Lot Dimensions: 40.00 x 93.00
  • Parcel Number: 2534176002

Tax Info

  • Tax Amount Summer: 4080.0000
  • Tax Amount Winter: 102.0000
  • Total Tax: 4182.0000
  • Taxable Value: 55320.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2024
Sold by
Foran Amy-Rose Marie and Maseredjian Carrie Michelle
Bought by
Maseredjian Carrie Michelle
Current Estimated Value
$283,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$173,360
Interest Rate
5.41%
Mortgage Type
New Conventional
Estimated Equity
$110,263

Purchase Details

Listed on
Jul 26, 2022
Closed on
Aug 22, 2022
Sold by
Bookhouse Holdings Llc
Bought by
Foran Amy-Rose Marie and Maseredjian Carrie Michaelle
Seller's Agent
Lanie Hardy Cosgrove
KW Domain
Buyer's Agent
George Goddard
Good Company
List Price
$249,900
Sold Price
$262,000
Premium/Discount to List
$12,100
4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.56%
Original Mortgage
$247,000
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2022
Sold by
Mark Heggie
Bought by
Bookhouse Holdings Llc

Purchase Details

Closed on
May 7, 2014
Sold by
Campo Jeffrey
Bought by
Heggie Mark

Purchase Details

Closed on
Aug 31, 2010
Sold by
Bac Home Loans Servicing L P
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 10, 2010
Sold by
Craig Jennifer A and Craig Scott J
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Aug 29, 2001
Sold by
Mcinnis Carol C
Bought by
Craig Jennifer B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Interest Rate
6.99%
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
Maseredjian Carrie Michelle -- Devon Title
Foran Amy-Rose Marie $262,000 Interstate Title
Foran Amy-Rose Marie $262,000 Interstate Title
Bookhouse Holdings Llc -- None Listed On Document
Heggie Mark $60,000 None Available
Federal National Mortgage Association -- None Available
Bac Home Loans Servicing Lp $97,778 None Available
Craig Jennifer B $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maseredjian Carrie Michelle $180,000
Previous Owner Foran Amy-Rose Marie $247,000
Previous Owner Craig Jennifer B $99,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2022 08/22/22 Sold $262,000 +4.8% $216 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $249,900 -- $206 / 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 $6,238 $127,220 $0 $0
2023 $6,068 $119,330 $0 $0
2022 $4,196 $110,210 $0 $0
2021 $4,182 $102,480 $0 $0
2020 $4,002 $97,480 $0 $0
2019 $4,032 $87,810 $0 $0
2018 $4,021 $79,890 $0 $0
2017 $3,963 $78,110 $0 $0
2016 $3,917 $73,380 $0 $0
2015 -- $50,630 $0 $0
2014 -- $43,570 $0 $0
2011 -- $41,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221021892

Realcomp

APN: 25-34-176-002