NOT LISTED FOR SALE

505 E Chesterfield St Ferndale, MI 48220

Estimated Value: $196,000 - $259,000

3 Beds
1 Bath
1,305 Sq Ft
$175/Sq Ft Est. Value

Last Sold May 19, 2022

Last sale price $175,000 $134 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,665/month

148 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Baseboard Heating
  • Ground Level Unit

About This Home

As of May 2022

Welcome to beautiful Ferndale! This home in move-in ready. You will love sipping your coffee on the adorable covered front porch. This historic cape cod is full of charm, inside and out. Fall in love with hardwood floors, bay window seat and spacious kitchen! Conveniently located with easy access to expressways and proximity to Woodward Avenue.

Last Agent to Sell the Property

Jesica Spencer

Spencer Real Estate, LLC License #6502432037 Listed on: 12/01/2021

Last Buyer's Agent

Nina Manley

Berkshire Hathaway HomeServices Kee Realty Clinton License #6501381354

Berkshire Hathaway HomeServices Kee Realty Clinton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1903

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50.00x103.00

Home Design

  • Cape Cod Architecture
  • Poured Concrete

Interior Spaces

  • 1,305 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Frank Grix Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2535353044

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,392

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod
  • Architecture Level: 2 Story
  • Assessment: 172
  • Year Built: 1903
  • State Equalized Value: 90250.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 2155
  • Sq Ft Lower Floor: 850
  • Total Sq Ft: 1305
  • Sq Ft Total Bsmt: 850

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Poured
  • Frontage Feet: 50
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.12
  • Lot Dimensions: 50.00X103.00
  • Parcel Number: 2535353044

Tax Info

  • Tax Amount Summer: 2317.0000
  • Tax Amount Winter: 75.0000
  • Total Tax: 2392.0000
  • Taxable Value: 40890.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
May 19, 2022
Sold by
Ruttan Darrell R and Ruttan Maripat G
Bought by
Parnell Victoria
Seller's Agent
Jesica Spencer
Spencer Real Estate, LLC
Buyer's Agent
Nina Manley
Berkshire Hathaway HomeServices Kee Realty Clinton
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$228,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,308
Avg. Annual Appreciation
8.18%
Original Mortgage
$169,750
Outstanding Balance
$161,055
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$67,253
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
Parnell Victoria $175,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parnell Victoria $169,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2022 05/19/22 Sold $175,000 0.0% $134 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $175,000 0.0% $134 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
02/08/2022 02/08/22 Price Changed $175,000 -5.1% $134 / Sq Ft
12/09/2021 12/09/21 Price Changed $184,500 -2.4% $141 / Sq Ft
12/01/2021 12/01/21 For Sale $189,000 -- $145 / 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 $5,449 $108,930 $0 $0
2023 $5,331 $104,400 $0 $0
2022 $2,378 $95,370 $0 $0
2021 $2,392 $90,250 $0 $0
2020 $2,269 $85,400 $0 $0
2019 $2,305 $70,360 $0 $0
2018 $2,313 $67,150 $0 $0
2017 $2,284 $61,790 $0 $0
2016 $2,253 $49,700 $0 $0
2015 -- $43,790 $0 $0
2014 -- $38,690 $0 $0
2011 -- $47,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jesica Spencer

    Seller's Agent in 2022

    Jesica Spencer

    Spencer Real Estate, LLC

    (248) 396-7895

    1 in this area

    169 Total Sales

    Jesica Spencer
    Section Image
  • Nina Manley

    Buyer's Agent in 2022

    Nina Manley

    Berkshire Hathaway HomeServices Kee Realty Clinton

    (586) 405-0535

    1 in this area

    112 Total Sales

    Nina Manley
    Section Image
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Map

Source: Realcomp

MLS Number: 2210098706

Realcomp

APN: 25-35-353-044

Michigan Oakland County Ferndale 48220

505 E Chesterfield St, Ferndale, MI

This home is located at 505 E Chesterfield St, Ferndale, MI 48220 since 01 December 2021 and is currently estimated at $228,308, approximately $174 per square foot. This property was built in 1903. 505 E Chesterfield St 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

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