NOT LISTED FOR SALE

507 Edgewood Place Ferndale, MI 48220

Estimated Value: $284,000 - $369,000

3 Beds
2.5 Baths
1,400 Sq Ft
$232/Sq Ft Est. Value

Last Sold February 09, 2018

Last sale price $259,900 $186 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,159/month

4 Days on Market

Highlights

  • No HOA
  • Bungalow
  • 3-minute walk to Oppenheim Park
  • Bar Fridge
  • Forced Air Heating and Cooling System

About This Home

As of February 2018

Look at this... Must be the nicest house in Ferndale right now. The interior has been re-framed and opened for your entertaining pleasure. This house has it all. All new flooring, gutted bathrooms with all new tile and modern fixtures, a beautiful bar area, open kitchen with upgraded granite and upgraded stainless steel appliances. All new siding, windows, and roof. Seller has purchased the extra 23ft from the city and the city and the property is ready to make it all your own. Come see this it will not last long.

Last Agent to Sell the Property

Chad Hooks

Berkshire Hathaway HomeServices Kee Realty Bham License #6501310619 Listed on: 01/16/2018

Berkshire Hathaway HomeServices Kee Realty Bham

Last Buyer's Agent

Adam Rasor

EXP Realty Main License #6501397425

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1924 | Remodeled in 2018

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 58x124

Home Design

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

Interior Spaces

  • 1,400 Sq Ft Home
  • 1.5-Story Property
  • Bar Fridge
  • Unfinished Basement

Kitchen

  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Adolph Sloman's Woodward Blvd Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2534402008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,549

Year Built

Built in 1924 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1924
  • Year Renovated: 2018
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Disposal, Microwave, Bar Fridge
  • Sq Ft Combined: 1400
  • Total Sq Ft: 1400
  • Sq Ft Total Bsmt: 1117

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 58
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 58x124
  • Parcel Number: 2534402008

Tax Info

  • Tax Amount Summer: 2450.0000
  • Tax Amount Winter: 99.0000
  • Total Tax: 2549.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2018
Closed on
Feb 9, 2018
Sold by
Stumar Llc and Feldman Stuart
Bought by
Ruffolo Alexander
Seller's Agent
Chad Hooks
Berkshire Hathaway HomeServices Kee Realty Bham
Buyer's Agent
Adam Rasor
EXP Realty Main
List Price
$259,900
Sold Price
$259,900
Total Days on Market
4
Current Estimated Value
$324,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,327
Avg. Annual Appreciation
1.83%
Original Mortgage
$207,920
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 29, 2017
Closed on
Jul 12, 2017
Sold by
Herron Lisa and The Lisa Herron Living Trust
Bought by
Stumar Llc
Seller's Agent
Kimberly Hosner
RE/MAX First
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$89,900
Sold Price
$106,000
Premium/Discount to List
$16,100
17.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
369.41%
Original Mortgage
$106,000
Interest Rate
3.91%
Mortgage Type
Unknown

Purchase Details

Listed on
Jul 25, 2014
Closed on
Nov 5, 2014
Sold by
Us Bank National Association
Bought by
Lisa Herron Trust
Seller's Agent
Gary Chegash
Global Realty LLC
Buyer's Agent
Kimberly Hosner
RE/MAX Vision
List Price
$50,000
Sold Price
$45,777
Premium/Discount to List
-$4,223
-8.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.79%

Purchase Details

Closed on
Aug 30, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Us Bank National Association

Purchase Details

Closed on
Nov 13, 2012
Sold by
Realy Benjamin and Us Bank National Association
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 10, 2008
Sold by
Estate Of Philipp Andary and Fraser Thomas Brennan
Bought by
Realy Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,800
Interest Rate
6.05%
Mortgage Type
Unknown
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
Ruffolo Alexander $259,900 Devon Title Agency
Stumar Llc $106,000 Liberty Title
Lisa Herron Trust $45,777 None Available
Us Bank National Association -- None Available
Federal Home Loan Mortgage Corporation $62,021 None Available
Realy Benjamin $64,000 Capital Title Ins Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruffolo Alexander $196,100
Closed Ruffolo Alexander $207,920
Previous Owner Stumar Llc $106,000
Previous Owner Realy Benjamin $60,800
Previous Owner Andary Philipp $15,592
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2018 02/09/18 Sold $259,900 0.0% $186 / Sq Ft
01/20/2018 01/20/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $259,900 +145.2% $186 / Sq Ft
07/12/2017 07/12/17 Sold $106,000 +17.9% $76 / Sq Ft
07/03/2017 07/03/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $89,900 +96.4% $64 / Sq Ft
11/07/2014 11/07/14 Sold $45,777 -8.4% $40 / Sq Ft
10/20/2014 10/20/14 Pending -- -- --
07/25/2014 07/25/14 For Sale $50,000 -- $44 / 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 $4,717 $122,800 $0 $0
2023 $4,586 $113,740 $0 $0
2022 $5,500 $107,500 $0 $0
2021 $4,643 $101,160 $0 $0
2020 $4,397 $93,500 $0 $0
2019 $4,470 $79,690 $0 $0
2018 $3,357 $57,460 $0 $0
2017 $2,583 $44,090 $0 $0
2016 $2,550 $37,390 $0 $0
2015 -- $32,240 $0 $0
2014 -- $27,530 $0 $0
2011 -- $38,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chad Hooks

    Seller's Agent in 2018

    Chad Hooks

    Berkshire Hathaway HomeServices Kee Realty Bham

    (248) 646-6200

    23 in this area

    124 Total Sales

    Section Image

  • A

    Buyer's Agent in 2018

    Adam Rasor

    EXP Realty Main

  • Kimberly Hosner

    Seller's Agent in 2017

    Kimberly Hosner

    RE/MAX

    (248) 408-5677

    4 in this area

    107 Total Sales

    Section Image

  • N

    Buyer's Agent in 2017

    Non Participant

    Non Realcomp Office

  • U

    Buyer's Agent in 2017

    Unidentified Agent

    Unidentified Office

  • G

    Seller's Agent in 2014

    Gary Chegash

    Global Realty LLC

See All Agents

Map

Source: Realcomp

MLS Number: 218003754

Realcomp

APN: 25-34-402-008

Michigan Oakland County Ferndale 48220

507 Edgewood Place, Ferndale, MI

This home is located at 507 Edgewood Place, Ferndale, MI 48220 since 16 January 2018 and is currently estimated at $324,227, approximately $231 per square foot. This property was built in 1924. 507 Edgewood Place 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.

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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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