NOT LISTED FOR SALE

505 Parkside Way Unit 58 Ferndale, MI 48220

Estimated Value: $358,863 - $399,000

3 Beds
2.5 Baths
1,499 Sq Ft
$255/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $323,724 $216 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,817/month

237 Days on Market

Highlights

  • New Construction
  • Corner Lot
  • Covered Patio or Porch
  • End Unit
  • Ground Level Unit
  • 3-minute walk to Garbutt Park

About This Home

As of May 2021

Brand New Townhomes in Fabulous Ferndale!! The Oak is an amazing plan of 1499 sq. feet, 3 bedroom, 2.5 baths, a balcony to enjoy sitting out side. Parkdale Townhomes by Robertson Homes is another great community built in the neighborhoods you know and love! We are a short walk to downtown Ferndale with it's exciting night life, awesome food venues and great shops!! Parkdale is also including a community garden and a community sitting area! We have been listening to what our guests have asked for!!! Plenty of green spaces to enjoy the outdoors, not to mention the easy commute to downtown Detroit, Birmingham, East or West!! Be the first in this Exciting New community!! This particular home is to be built. Occupancy on this home is approx. spring 2021. Photos are of Model home, Interiors may vary based on selections.

Last Agent to Sell the Property

Sandra Chmiel

Robertson Brothers Company License #6501277655 Listed on: 02/20/2020

Co-Listed By

Ebon Petty

Robertson Brothers Company License #6501377578

Last Buyer's Agent

Valencia Gullet-Neal

Century 21 Allstar Real Estate Team, Inc License #6506047082

Century 21 Allstar Real Estate Team, Inc

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,602

Year Built

  • Built in 2020 | New Construction

HOA Fees

  • $195 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,499 Sq Ft Home
  • 3-Story Property

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting
  • Gazebo

Utilities

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

Additional Features

  • End Unit
  • Ground Level Unit

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2534355058

Community Details

Overview

  • On-Site Maintenance

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,602

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$195 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: End Unit, Townhouse
  • Architecture Level: 3 Story
  • Warranty: Yes
  • Year Built: 2020
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: Humidifier, High Spd Internet Avail, Cable Available
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Microwave
  • Total Sq Ft: 1499

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Brick, Vinyl
  • Construction Features: New Construction
  • Exterior Features: Grounds Maintenance, Lighting, Gazebo
  • Foundation Materials: Poured
  • Porch Type: Balcony, Porch - Covered, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: S

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Electricity, Door Opener, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Community
  • Laundry Facilities: No

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 195
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • Lot Features: Corner Lot
  • Parcel Number: 2534355058

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2020
Closed on
May 14, 2021
Sold by
Robertson Parkdale Townes Llc
Bought by
Thornton Kimberly L
Seller's Agent
Sandra Chmiel
Robertson Brothers Company
Buyer's Agent
Valencia Gullet-Neal
Century 21 Allstar Real Estate Team, Inc
List Price
$283,280
Sold Price
$323,724
Premium/Discount to List
$40,444
14.28%
Current Estimated Value
$379,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,104
Avg. Annual Appreciation
3.81%
Original Mortgage
$307,537
Outstanding Balance
$278,270
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$104,196
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
Thornton Kimberly L $323,724 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thornton Kimberly L $307,537
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2021 05/14/21 Sold $323,724 +5.7% $216 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
07/06/2020 07/06/20 Price Changed $306,338 +0.7% $204 / Sq Ft
05/26/2020 05/26/20 Price Changed $304,338 +6.3% $203 / Sq Ft
02/26/2020 02/26/20 Price Changed $286,280 +1.1% $191 / Sq Ft
02/20/2020 02/20/20 For Sale $283,280 -- $189 / 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 $7,602 $159,740 $0 $0
2023 $7,407 $150,200 $0 $0
2022 $7,523 $144,020 $0 $0
2021 $1,755 $64,380 $0 $0
2020 $68 $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Sandra Chmiel

    Robertson Brothers Company

    (248) 410-8876

    20 in this area

    48 Total Sales

    Sandra Chmiel
    Section Image
  • Ebon Petty

    Seller Co-Listing Agent in 2021

    Ebon Petty

    Robertson Brothers Company

    (952) 454-0275

    20 in this area

    452 Total Sales

    Ebon Petty
    Section Image

  • V

    Buyer's Agent in 2021

    Valencia Gullet-Neal

    Century 21 Allstar Real Estate Team, Inc

    Section Image
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Map

Source: Realcomp

MLS Number: 2200013892

Realcomp

APN: 25-34-355-058

Michigan Oakland County Ferndale 48220

505 Parkside Way Unit 58, 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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