NOT LISTED FOR SALE

501 Stratford Rd Ferndale, MI 48220

Estimated Value: $170,648 - $216,000

2 Beds
1 Bath
835 Sq Ft
$236/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $146,000 $175 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,285/month

74 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Porch
  • Ground Level Unit
  • Stainless Steel Appliances
  • 3-minute walk to Ferndale Memorial Mall

About This Home

As of October 2020

Beautifully renovated 2 bedroom, 1 bathroom Ferndale ranch. Kitchen features new cabinets, granite counters, updated plumbing, updated electrical, all new appliances and new flooring. Bathroom features gorgeous new tile floor, new tile shower and new vanity. Open layout with new flooring throughout the bedrooms and living room. Professionally painted, fenced backyard, fenced backyard, plenty of street parking and walking distance to downtown ferndale. Previously a certified occupied rental with the City of Ferndale, passing all rental inspections and maintaining all city rental codes. Welcome Home!

Last Agent to Sell the Property

David Morgan

Home Solutions of Michigan License #6502408159 Listed on: 07/24/2020

Last Buyer's Agent

David Thomas

EXP Realty Romeo License #6501389376

EXP Realty Romeo

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1949 | Remodeled in 2020

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 42.00x108.00
  • Fenced

Home Design

  • Ranch Style House
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 835 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Shed
  • Porch

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Sewer in Street
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Kenilworth Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2533434044
  • $4,380 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,567

Year Built

Built in 1949 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1949
  • State Equalized Value: 35650.0000
  • Year Renovated: 2020
  • Entry Location: Ground Level
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: High Spd Internet Avail, Programmable Thermostat
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: ENERGY STAR® qualified dishwasher, Disposal, Microwave, Free-Standing Gas Range, Stainless Steel Appliance(s)
  • Total Sq Ft: 835

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Poured
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 1499000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 42.00X108.00
  • Parcel Number: 2533434044

Green Features

  • Green Energy Efficient: Appliances

Tax Info

  • Tax Amount Summer: 1533.0000
  • Tax Amount Winter: 34.0000
  • Total Tax: 1567.0000
  • Taxable Value: 19380.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Oct 30, 2020
Sold by
Kitchen Michelle
Bought by
Zureich Hailey
Seller's Agent
David Morgan
Home Solutions of Michigan
Buyer's Agent
David Thomas
EXP Realty Romeo
List Price
$169,900
Sold Price
$146,000
Premium/Discount to List
-$23,900
-14.07%
Current Estimated Value
$197,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,412
Avg. Annual Appreciation
6.08%

Purchase Details

Closed on
Feb 17, 2006
Sold by
Kitchen Michelle
Bought by
Kitchen Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2004
Sold by
Kitchen Michael and Kitchen Meri
Bought by
Kitchen Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 2002
Sold by
Betty Jean Blank Tr
Bought by
Kitchen Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.13%
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
Zureich Hailey $146,000 Tc
Kitchen Michelle -- Multiple
Kitchen Michelle $98,000 Cornerstone Title Agency
Kitchen Michael $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kitchen Michelle $79,000
Previous Owner Kitchen Michelle $78,400
Previous Owner Kitchen Michael $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $146,000 -2.6% $175 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
09/24/2020 09/24/20 Price Changed $149,900 -3.2% $180 / Sq Ft
09/01/2020 09/01/20 Price Changed $154,900 -3.1% $186 / Sq Ft
08/12/2020 08/12/20 Price Changed $159,900 -3.0% $191 / Sq Ft
08/03/2020 08/03/20 Price Changed $164,900 -2.9% $197 / Sq Ft
07/24/2020 07/24/20 For Sale $169,900 -- $203 / 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 $2,974 $69,330 $0 $0
2023 $2,888 $63,690 $0 $0
2022 $2,901 $54,630 $0 $0
2021 $2,919 $50,580 $0 $0
2020 $1,556 $42,810 $0 $0
2019 $1,567 $35,650 $0 $0
2018 $1,563 $29,370 $0 $0
2017 $1,541 $26,020 $0 $0
2016 $1,517 $22,540 $0 $0
2015 -- $21,060 $0 $0
2014 -- $18,940 $0 $0
2011 -- $28,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200057110

Realcomp

APN: 25-33-434-044