NOT LISTED FOR SALE

505 E Woodland St Ferndale, MI 48220

Estimated Value: $318,000 - $374,000

3 Beds
2 Baths
1,305 Sq Ft
$269/Sq Ft Est. Value

Last Sold August 19, 2020

Last sale price $277,000 $212 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,466/month

2 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Programmable Thermostat
  • No HOA
  • Bungalow
  • Forced Air Heating and Cooling System

About This Home

As of August 2020

***MULTIPLE OFFERS RECEIVED. ALL OFFERS TO BE SUBMITTED BY JULY 7TH AT 8PM***This immaculate 3-bedroom, 2-bath Bungalow in Ferndale is exactly what your buyers have been searching for!! A great home to entertain family and friends in the spacious living room and dining room with hardwood floors. Or head out to the massive new wood deck off the kitchen to enjoy the remaining summer days. Master bedroom is located upstairs with enough ample space to have a reading nook, including an en-suite full bathroom. The basement is finished with a large family room, laundry room and extra storage space. 2-car detached garage. Updates for this home include: garage roof and door in 2016, Furnace/AC in 2017, Deck 2019, wooden privacy fence 2020, Ecobee Wifi Thermostat, Wifi/Bluetooth Smartlock, Lutron Casata Wifi/Bluetooth Dimmer Light Switch (Recessed Lights), Second Story Remodel 2016. Make sure to schedule a showing today!

Last Agent to Sell the Property

Jessica Gladys

Quest Realty LLC License #6501401888 Listed on: 07/05/2020

Last Buyer's Agent

Heather Rich

Quest Realty LLC License #6501378175

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1930

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35.00x129.00

Parking

  • 2 Car Detached Garage

Home Design

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

Interior Spaces

  • 1,305 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Partially Finished Basement

Kitchen

  • Free-Standing Gas Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Ground Level

Community Details

  • No Home Owners Association
  • Woodward Heights Sub No 2 Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2527402033

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,662

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1930
  • State Equalized Value: 108730.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Oven, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1914
  • Sq Ft Lower Floor: 609
  • Total Sq Ft: 1305
  • Sq Ft Total Bsmt: 870

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exclusions: Yes
  • Foundation Materials: Block
  • Frontage Feet: 35
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 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 Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.10
  • Lot Dimensions: 35.00X129.00
  • Parcel Number: 2527402033

Tax Info

  • Tax Amount Summer: 5484.0000
  • Tax Amount Winter: 178.0000
  • Total Tax: 5662.0000
  • Taxable Value: 101780.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2020
Closed on
Aug 19, 2020
Sold by
Lembke Leonie
Bought by
Reaume Conor D
Seller's Agent
Jessica Gladys
Quest Realty LLC
Buyer's Agent
Heather Rich
Quest Realty LLC
List Price
$270,000
Sold Price
$277,000
Premium/Discount to List
$7,000
2.59%
Current Estimated Value
$347,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,447
Avg. Annual Appreciation
4.27%
Original Mortgage
$221,600
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 16, 2015
Closed on
Feb 16, 2016
Sold by
Belling Terence Duane and Belling Mary Ann
Bought by
Lembke Leonie
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Ali Berry
Quest Realty LLC
List Price
$169,900
Sold Price
$166,000
Premium/Discount to List
-$3,900
-2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.02%
Original Mortgage
$149,400
Interest Rate
3.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Reaume Conor D $277,000 Amrock
Lembke Leonie $166,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reaume Conor D $221,600
Previous Owner Lembke Leonie $142,800
Previous Owner Lembke Leonie $149,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2020 08/19/20 Sold $277,000 +2.6% $212 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
07/05/2020 07/05/20 For Sale $270,000 +62.7% $207 / Sq Ft
02/16/2016 02/16/16 Sold $166,000 -2.3% $127 / Sq Ft
01/02/2016 01/02/16 Pending -- -- --
12/16/2015 12/16/15 For Sale $169,900 -- $130 / 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 $6,754 $141,090 $0 $0
2023 $6,571 $133,480 $0 $0
2022 $6,617 $123,730 $0 $0
2021 $6,657 $119,430 $0 $0
2020 $5,569 $118,710 $0 $0
2019 $5,662 $108,730 $0 $0
2018 $5,684 $99,400 $0 $0
2017 $5,683 $98,650 $0 $0
2016 $2,533 $96,710 $0 $0
2015 -- $73,310 $0 $0
2014 -- $60,340 $0 $0
2011 -- $54,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200050336

Realcomp

APN: 25-27-402-033