NOT LISTED FOR SALE

492 Withington St Unit 2 Ferndale, MI 48220

Estimated Value: $357,000 - $688,000

2 Beds
1 Bath
935 Sq Ft
7,144 Sq Ft Lot

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System
  • End Unit
  • Covered Patio or Porch
  • Ceiling Fan

About This Home

As of April 2023

Downtown Ferndale historic four unit building with full front sitting porch. Large living and dining rooms with beautiful hardwood floors and wet plaster archways. Great room sizes for entertaining and updated kitchen. Two nicely sized bedrooms with ample closets share a full hall bath. Private basement storage/utility room with laundry. The building also features new roof, windows and furnaces for high energy efficiency and lower utility costs. Water included in monthly rental rate. Welcome home!

Last Agent to Rent the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 03/21/2023

Good Company

Last Renter's Agent

Colleen Dely

Good Company License #6501430981

Good Company

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,200

Year Built

  • Built in 1928

Lot Details

  • 7,144

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 935 Sq Ft Home
  • Ceiling Fan
  • Free-Standing Gas Range
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • End Unit
  • Ground Level

Listing and Financial Details

  • Security Deposit $2,250
  • 12 Month Lease Term
  • Assessor Parcel Number 2527354031

Community Details

Overview

  • No Home Owners Association
  • Woodward Heights Sub Ferndale Subdivision

Pet Policy

  • Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$12,200

Year Built

Built in 1928

Lot Details

0

Rental Info

  • Lease Type: Condominium
  • Rent Includes: Snow Removal
  • Security Deposit: 2250.00

Listing Details

  • Property Type: Condominium
  • Architecture Style: End Unit, Ranch
  • Architecture Level: 1 Story
  • Year Built: 1928
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 935
  • Total Sq Ft: 935
  • Sq Ft Total Bsmt: 1394

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered, Porch
  • 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

  • Parcel Number: 2527354031

Multi Family

  • Length of Lease: 12 Months

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2025
Sold by
Shaffer Capital Llc
Bought by
Ahler Holdings Llc
Current Estimated Value
$522,566

Purchase Details

Closed on
Dec 17, 2024
Sold by
Shaffer James
Bought by
Shaffer Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Interest Rate
5.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2024
Sold by
Shaffer Capital Llc
Bought by
Shaffer James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Interest Rate
5.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2019
Sold by
Shaffer Jim
Bought by
Shaffer Capital Llc

Purchase Details

Closed on
Oct 31, 2019
Sold by
Sungrnann Jeffrey and Venzkc Patheta
Bought by
Shaffer Jim

Purchase Details

Closed on
Sep 10, 2009
Sold by
Hoffrichter Glenn and Hoffrichter Nancy
Bought by
Jungmann Jeffrey and Venzke Patricia

Purchase Details

Closed on
Jul 10, 1992
Sold by
Glenn R Allen Tr
Bought by
Hoffrichter Glenn
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 Buyer Sale Price Title Company
Ahler Holdings Llc -- None Listed On Document
Shaffer Capital Llc -- None Listed On Document
Shaffer Capital Llc -- None Listed On Document
Shaffer James -- None Listed On Document
Shaffer Capital Llc -- None Available
Shaffer Jim $440,000 None Available
Jungmann Jeffrey $230,000 Philip R Seaver Title Co Inc
Jungmann Jeffrey -- Philip R Seaver Title Co Inc
Hoffrichter Glenn $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shaffer James $406,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2023 04/10/23 Rented $1,500 0.0% --
04/10/2023 04/10/23 Under Contract -- -- --
03/21/2023 03/21/23 For Rent $1,500 0.0% --
10/05/2021 10/05/21 Rented $1,500 0.0% --
10/05/2021 10/05/21 Under Contract -- -- --
09/16/2021 09/16/21 For Rent $1,500 -- --
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 $12,200 $184,810 $0 $0
2023 $11,694 $176,930 $0 $0
2022 $11,584 $170,660 $0 $0
2021 $11,545 $156,210 $0 $0
2020 $11,053 $148,820 $0 $0
2019 $6,767 $136,480 $0 $0
2011 -- $88,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Shaffer

    Landlord's Agent in 2023

    Jim Shaffer

    Good Company

    (248) 219-3782

    465 in this area

    3,762 Total Sales

    Jim Shaffer
    Section Image
  • Colleen Dely

    Tenant's Agent in 2023

    Colleen Dely

    Good Company

    (313) 478-1128

    3 in this area

    11 Total Sales

    Colleen Dely
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230020915

Realcomp

APN: 25-27-354-031

Michigan Oakland County Ferndale 48220

492 Withington St Unit 2, Ferndale, MI

This home is located at 492 Withington St Unit 2, Ferndale, MI 48220 since 21 March 2023 and is currently priced at $522,566. This property was built in 1928. 492 Withington St Unit 2 is a home located in Oakland County with nearby schools including Ferndale Lower Elementary Campus, Ferndale Upper Elementary Campus, and Ferndale Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
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

Nearby Homes