NOT LISTED FOR SALE

505 E Marshall St Ferndale, MI 48220

Estimated Value: $241,717 - $278,000

2 Beds
1 Bath
1,000 Sq Ft
$257/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $208,000 $208 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,804/month

1 Day on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Bungalow
  • No HOA
  • 1 Car Detached Garage
  • 5-minute walk to Wilson Park

About This Home

As of April 2021

*offers will be reviewed Sun 3/14 @ 11am* The little beauty packs a punch! 2 bed, 1 bath bungalow COMPELTELY updtd from top to bottom. Come check out the custom granite kit thoughtfully arranged w/ additional cabinetry in the adjoining laundry room area...all appli stay (including wash/dryer). You'll fall in love w/ the hardwd floors, covered front porch & recently renovated full bath w/ subway tile, newer vanity, new commode, flooring & fixture. Master bedrm comes complete w.ceiling fan & sliding closet barn-door. 2nd bedrm w/a custom Murphy bed/desk that could be included in the sale. Fin.attic space for additional storage but could also double as an office and/or work-out space. New furn in 2011, new storm door, one car det gar, nicely sized deck recently stained. Located right down the street from Wilson Park & just a quick bike ride or 15 min.walk to the heart of dwntwn Ferndale. Close enough to all the action, while also providing a sweet reprieve in this quiet neighborhood.

Last Agent to Sell the Property

Stacy Miletti

Real Estate One-Troy License #6501328340 Listed on: 03/12/2021

Real Estate One-Troy

Last Buyer's Agent

Philis Carlier

Epique Realty License #6501429055

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00x127.00
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,000 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Free-Standing Gas Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2534278048

Community Details

Overview

  • No Home Owners Association
  • Woodward Grove Sub Ferndale Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,813

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1924
  • State Equalized Value: 70370.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Free-Standing Gas Oven, Free-Standing Refrigerator, Washer
  • Total Sq Ft: 1000

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Porch Type: Deck, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1624166.6667
  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00X127.00
  • Parcel Number: 2534278048

Tax Info

  • Tax Amount Summer: 1757.0000
  • Tax Amount Winter: 56.0000
  • Total Tax: 1813.0000
  • Taxable Value: 30480.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2022
Sold by
Michael Franke
Bought by
Franke Michael and Franke Sabine
Current Estimated Value
$257,429

Purchase Details

Listed on
Mar 12, 2021
Closed on
Apr 9, 2021
Sold by
Thrubis Peter and Thrubis Erika R
Bought by
Franke Michael and Franke Sabine
Seller's Agent
Stacy Miletti
Real Estate One-Troy
Buyer's Agent
Philis Carlier
Epique Realty
List Price
$194,900
Sold Price
$208,000
Premium/Discount to List
$13,100
6.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%

Purchase Details

Closed on
Jul 25, 2012
Sold by
Thrubis Peter and Thrubis Erika R
Bought by
Thrubis Peter and Thrubis Erika R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,550
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2005
Sold by
Sansone Larry T and Sansone Debra Jean
Bought by
Thrubis Peter and Rushlow Erika R
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
Franke Michael -- None Listed On Document
Franke Michael $208,000 Etitle Agency Inc
Thrubis Peter -- Servicelink
Thrubis Peter $104,400 Devon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thrubis Peter $75,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2021 04/09/21 Sold $208,000 +6.7% $208 / Sq Ft
03/14/2021 03/14/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $194,900 -- $195 / 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
2025 $5,455 $108,990 $0 $0
2024 $5,235 $104,490 $0 $0
2023 $5,099 $101,880 $0 $0
2022 $6,858 $94,940 $0 $0
2021 $1,850 $74,640 $0 $0
2020 $1,757 $70,370 $0 $0
2019 $1,712 $62,730 $0 $0
2018 $1,718 $53,000 $0 $0
2017 $1,696 $51,390 $0 $0
2016 $1,671 $42,000 $0 $0
2015 -- $35,940 $0 $0
2014 -- $30,760 $0 $0
2011 -- $33,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210015795

Realcomp

APN: 25-34-278-048