NOT LISTED FOR SALE

505 Stratford Rd Ferndale, MI 48220

Estimated Value: $189,000 - $202,000

2 Beds
1 Bath
800 Sq Ft
$242/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $154,000 $192 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,334/month

25 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Fenced
  • No HOA
  • Forced Air Heating and Cooling System
  • 3-minute walk to Ferndale Memorial Mall

About This Home

As of August 2021

Believe it! You can still buy a great house in West Ferndale at an affordable price. Enjoy the covered front sitting porch, step inside and be greeted by rich, oak hardwood floors, large, bright windows, a charmingly updated kitchen with appliances, two ample size bedrooms, an updated and very nice full bath. The spacious utility room houses the newer furnace, updated electrical panel, and laundry facilities. Located in the award-winning Ferndale school district and with a Tony Hawk design skate park just down the road. This is the place to be. Act today and Make Home Here.

Last Agent to Sell the Property

Keith Weber

RE/MAX First License #6501239845 Listed on: 06/30/2021

RE/MAX First

Last Buyer's Agent

David Bobryk

Larry Nawrocki, REALTOR® License #RCO-6501400347

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 42 x 108
  • Fenced

Home Design

  • 800 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Kenilworth Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2533434043

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: Unknown
  • Year Built: 1949
  • State Equalized Value: 57330.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Washer
  • Total Sq Ft: 800

Exterior Features

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

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 42 x 108
  • Parcel Number: 2533434043

Tax Info

  • Tax Amount Summer: 4196.7200
  • Tax Amount Winter: 106.1300
  • Total Tax: 4302.8500
  • Taxable Value: 57330.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Aug 6, 2021
Sold by
Bannon Bradley
Bought by
Winnega Gabrial A
Seller's Agent
Keith Weber
RE/MAX First
Buyer's Agent
David Bobryk
Larry Nawrocki, REALTOR®
List Price
$159,900
Sold Price
$154,000
Premium/Discount to List
-$5,900
-3.69%
Current Estimated Value
$193,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,644
Avg. Annual Appreciation
5.38%

Purchase Details

Listed on
Jan 18, 2019
Closed on
Feb 22, 2019
Sold by
Lieberman Lyle and Schneider Lorii Anne
Bought by
Bannon Bradley
Seller's Agent
Ross Rossan
MRKT LLC
Buyer's Agent
Keith Weber
RE/MAX First
List Price
$140,000
Sold Price
$135,000
Premium/Discount to List
-$5,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%

Purchase Details

Listed on
May 10, 2017
Closed on
May 5, 2017
Sold by
Lessanework Fetlework and Lessanework Seifu
Bought by
Lieberman Lyle and Schneider Lorri Anne
Seller's Agent
Thomas Vassallo
RE/MAX First
Buyer's Agent
Thomas Vassallo
RE/MAX First
Sold Price
$1,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.74%

Purchase Details

Closed on
Aug 7, 2014
Sold by
Lessanework Seifu
Bought by
Lessanework Fetlework and Lessanework Selfu

Purchase Details

Closed on
Jun 17, 2011
Sold by
Bac Home Loans Servicing L P
Bought by
Fannie Mae

Purchase Details

Closed on
Jun 7, 2011
Sold by
Doughty James A
Bought by
Bac Home Loans Servicing L P and Countrywide Home Loans Servicing L P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Winnega Gabrial A $154,000 Partners Title Agency Llc
Bannon Bradley $135,000 None Available
Lieberman Lyle $92,000 First American Title Insuran
Lessanework Fetlework -- None Available
Fannie Mae -- None Available
Bac Home Loans Servicing L P $59,486 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2021 08/06/21 Sold $154,000 -3.7% $193 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $159,900 +18.4% $200 / Sq Ft
02/21/2019 02/21/19 Sold $135,000 -3.6% $176 / Sq Ft View Prior Sale
02/01/2019 02/01/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $140,000 0.0% $183 / Sq Ft
05/20/2017 05/20/17 Rented $1,250 0.0% --
05/19/2017 05/19/17 Under Contract -- -- --
05/10/2017 05/10/17 For Rent $1,250 0.0% --
05/05/2017 05/05/17 Sold $92,000 -5.6% $120 / Sq Ft View Prior Sale
04/20/2017 04/20/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $97,500 0.0% $127 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
02/19/2017 02/19/17 Price Changed $97,500 +2.6% $127 / Sq Ft
02/01/2017 02/01/17 For Sale $95,000 -- $124 / 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 $3,786 $82,130 $0 $0
2023 $3,679 $77,670 $0 $0
2022 $3,699 $67,520 $0 $0
2021 $4,385 $63,930 $0 $0
2020 $4,197 $57,330 $0 $0
2019 $3,000 $46,840 $0 $0
2018 $2,992 $38,330 $0 $0
2017 $1,304 $28,810 $0 $0
2016 $1,282 $24,960 $0 $0
2015 -- $23,330 $0 $0
2014 -- $20,850 $0 $0
2011 -- $29,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210051257

Realcomp

APN: 25-33-434-043