NOT LISTED FOR SALE

500 E Troy St Ferndale, MI 48220

Estimated Value: $248,614 - $292,000

3 Beds
2 Baths
1,173 Sq Ft
$231/Sq Ft Est. Value

Sale Details

Date Sold: February 14, 2019

Last sale price $179,900 $153 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,903 / mo

25 Days on Market

Highlights

  • Corner Lot
  • Covered Patio or Porch
  • Forced Air Heating System
  • No HOA
  • Bungalow
  • Ceiling Fan

About This Home

As of February 2019

Walk to downtown Ferndale from this bungalow. Open concept living and dining room feature original crown molding, tons of natural light, and vaulted ceilings. Two nice sized entry level bedrooms share a full bath. Kitchen boasts new backsplash and appliances. Upper level set up as multi-family with open studio style bedroom, full bath, kitchen, pantry, and closet. Lower level provides storage and laundry. Spacious corner lot, covered front porch, and quiet neighborhood. Multi-Family set up easily can be converted into a residential home.

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 12/20/2018

Good Company

Last Buyer's Agent

Timothy Murad

KW Metro License #RCO-6501411506

KW Metro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 33.00x108.00
  • Corner Lot

Parking

  • 2 Parking Garage Spaces

Home Design

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

Interior Spaces

  • 1,173 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Disposal
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • The Little Farms Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2534228001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,471

Year Built

Built in 1925

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 283
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Disposal, Dryer, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 1173

Exterior Features

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

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: 2+ Assigned Spaces

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 2311250.0000
  • Lot Features: Corner Lot
  • Lot Size Area: 0.08
  • Lot Dimensions: 33.00X108.00
  • Parcel Number: 2534228001

Tax Info

  • Tax Amount Summer: 2420.0000
  • Tax Amount Winter: 51.0000
  • Total Tax: 2471.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2022
Sold by
Jesse Ouellette
Bought by
Jdo Ventures Ii Llc
Current Estimated Value
$271,404

Purchase Details

Listed on
Dec 20, 2018
Closed on
Feb 14, 2019
Sold by
Budd Clyde C and Budd Janet M
Bought by
Ouellette Jesse W
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Timothy Murad
KW Metro
List Price
$184,900
Sold Price
$179,900
Premium/Discount to List
-$5,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Original Mortgage
$176,641
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 2000
Sold by
Rogoff Brian
Bought by
Budd Clyde C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,250
Interest Rate
8.56%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jdo Ventures Ii Llc -- None Listed On Document
Ouellette Jesse W $179,900 None Available
Budd Clyde C $122,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ouellette Jesse W $176,641
Previous Owner Budd Clyde C $110,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2019 02/14/19 Sold $179,900 -2.7% $153 / Sq Ft
01/14/2019 01/14/19 Pending -- -- --
12/20/2018 12/20/18 For Sale $184,900 -- $158 / Sq Ft
Source: Realcomp

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
2025 $5,571 $104,960 $0 $0
2024 $5,351 $105,130 $0 $0
2023 $5,195 $99,070 $0 $0
2022 $5,310 $104,330 $0 $0
2021 $5,342 $93,690 $0 $0
2020 $4,977 $90,070 $0 $0
2019 $1,928 $63,030 $0 $0
2018 $2,472 $54,300 $0 $0
2017 $2,437 $50,460 $0 $0
2016 $2,406 $42,270 $0 $0
2015 -- $36,760 $0 $0
2014 -- $31,990 $0 $0
2011 -- $37,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Shaffer

    Seller's Agent in 2019

    Jim Shaffer

    Good Company

    (248) 834-3030

    429 in this area

    3,650 Total Sales

    Jim Shaffer
    Section Image
  • Timothy Murad

    Buyer's Agent in 2019

    Timothy Murad

    KW Metro

    (248) 410-6283

    1 in this area

    55 Total Sales

    Timothy Murad
    Section Image
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Map

Source: Realcomp

MLS Number: 218119294

Realcomp

APN: 25-34-228-001

Michigan Oakland County Ferndale 48220

500 E Troy St, Ferndale, MI

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