NOT LISTED FOR SALE

490 W Cambourne St Ferndale, MI 48220

Estimated Value: $322,000 - $388,000

3 Beds
1 Bath
1,317 Sq Ft
$270/Sq Ft Est. Value

Last Sold January 15, 2015

Last sale price $205,000 $156 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,306/month

43 Days on Market

Highlights

  • Deck
  • No HOA
  • Porch
  • Corner Lot
  • 1 Car Detached Garage
  • Wet Bar

About This Home

As of January 2015

Perfectly located in NW Ferndale on a tranquil wooded corner lot, just a short stroll to downtown Ferndale. Enchanting bungalow exudes warmth and character. Living room features brick fireplace and exposed hardwood floors. Wet plaster archway leads to dining room and eclectic white kitchen with butcher block and Mexican inlaid tile counters. Two entry level bedrooms, one used as home office with access to large screen porch. Upper master bedroom with separate nursery could also convert to a master bathroom. Swanky finished lower level with lounge area and wet bar, imagine entertaining in this inviting space. Welcome home to in town living.

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 10/23/2014

Good Company

Last Buyer's Agent

Amy Frush

KW Professionals License #RCO-6501352466

KW Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1937

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 53.3x128
  • Fenced
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

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

Interior Spaces

  • 1,317 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Gas Fireplace
  • Living Room with Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Woodward Heights Sub Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2527351021
  • $700 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,829

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 138
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Refrigerator, Range/Stove
  • Sq Ft Combined: 2154
  • Sq Ft Lower Floor: 837
  • Total Sq Ft: 1317
  • Sq Ft Total Bsmt: 837

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 53
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • 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: 1311875.0000
  • Lot Features: Corner Lot
  • Lot Size Area: 0.16
  • Lot Dimensions: 53.3X128
  • Parcel Number: 2527351021

Tax Info

  • Tax Amount Summer: 2772.0000
  • Tax Amount Winter: 57.0000
  • Total Tax: 2829.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2014
Closed on
Jan 15, 2015
Sold by
Smith Jackson and Smith Lisa M
Bought by
Mcnulty Michael
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Amy Frush
KW Professionals
List Price
$215,000
Sold Price
$205,000
Premium/Discount to List
-$10,000
-4.65%
Current Estimated Value
$356,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,123
Avg. Annual Appreciation
5.02%
Original Mortgage
$164,000
Outstanding Balance
$127,429
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$218,307

Purchase Details

Listed on
Jan 15, 2013
Closed on
Feb 15, 2013
Sold by
Owens Gayle
Bought by
Smith Jackson
Seller's Agent
Jim Shaffer
Good Company Realty LLC
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$164,900
Sold Price
$165,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.97%
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
Mcnulty Michael $205,000 Stg
Smith Jackson $165,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcnulty Michael $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2015 01/15/15 Sold $205,000 -4.7% $156 / Sq Ft
12/05/2014 12/05/14 Pending -- -- --
10/23/2014 10/23/14 For Sale $215,000 +30.3% $163 / Sq Ft
02/15/2013 02/15/13 Sold $165,000 +0.1% $125 / Sq Ft
02/11/2013 02/11/13 Pending -- -- --
01/15/2013 01/15/13 For Sale $164,900 -- $125 / 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 $4,893 $138,720 $0 $0
2023 $4,757 $133,320 $0 $0
2022 $4,787 $120,140 $0 $0
2021 $4,816 $108,490 $0 $0
2020 $4,561 $105,200 $0 $0
2019 $4,636 $101,140 $0 $0
2018 $4,654 $90,380 $0 $0
2017 $4,594 $89,970 $0 $0
2016 $6,170 $78,480 $0 $0
2015 -- $57,600 $0 $0
2014 -- $49,090 $0 $0
2011 -- $55,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214110662

Realcomp

APN: 25-27-351-021