NOT LISTED FOR SALE

507 Vester St Ferndale, MI 48220

Estimated Value: $204,000 - $273,000

3 Beds
1 Bath
946 Sq Ft
$238/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $185,000 $196 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,523/month

18 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Shed
  • Ground Level Unit
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of May 2021

ATTENTION INVESTORS OR PATIENT BUYERS! - Location, Location, Location!!! Absolutely adorable, move-in ready home in the heart of Ferndale! Walking distance to all of the restaurants & action! Highly desirable 3 Bedroom, one story ranch! Freshly painted. Spacious and open, eat-in kitchen with nook. Plenty of cabinet space. Cozy living room upon entry. Updated bathroom with newer vanity, tile and lighting. Gorgeous Pro Care laminate grey wood grain floors throughout the home! New Amish built shed for storage. Newly Fenced yard. --- The home is currently rented out for $1200/month. The lease ends 8/31/21. - PLEASE DO NOT DISTURB THE TENTANTS. - CALL AGENT FOR MORE INFO

Last Agent to Sell the Property

Stephanie Janiga

Keller Williams Advantage License #6501346264 Listed on: 03/26/2021

Keller Williams Advantage

Last Buyer's Agent

Christine Oglesby

@properties Christie's Int'l RE Northville License #6501414862

@properties Christie's Int'l RE Northville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1963 | Remodeled in 2020

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 36.00x105.00

Home Design

  • 946 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Shed
  • Porch

Utilities

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

Additional Features

  • Free-Standing Gas Range
  • Ground Level Unit

Community Details

  • No Home Owners Association
  • Urbanrest Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2527487013
  • $3,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,323

Year Built

Built in 1963 | Remodeled in 2020

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1963
  • State Equalized Value: 62240.0000
  • Year Renovated: 2020
  • Entry Location: Ground Level
  • Pets Allowed: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Washer
  • Total Sq Ft: 946

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Features: Platted Sub.
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Porch Type: Porch
  • 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

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 36.00X105.00
  • Parcel Number: 2527487013

Tax Info

  • Tax Amount Summer: 4216.0000
  • Tax Amount Winter: 107.0000
  • Total Tax: 4323.0000
  • Taxable Value: 57600.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
May 14, 2021
Sold by
Johnson Tracy
Bought by
Smith Benjamin B
Seller's Agent
Stephanie Janiga
Keller Williams Advantage
Buyer's Agent
Christine Oglesby
@properties Christie's Int'l RE Northville
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%
Current Estimated Value
$225,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,557
Avg. Annual Appreciation
4.24%
Original Mortgage
$166,500
Outstanding Balance
$149,425
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$76,132

Purchase Details

Closed on
Aug 21, 2018
Sold by
Warchol John
Bought by
Johnson Tracy

Purchase Details

Closed on
Sep 15, 2017
Sold by
Iron City Investments Llc
Bought by
Warchol John

Purchase Details

Closed on
Feb 20, 2012
Sold by
Sunny Pilgrim Llc
Bought by
Iron City Investments Llc

Purchase Details

Closed on
Dec 10, 2011
Sold by
Friendly Partners Llc
Bought by
Sunny Pilgrim Llc

Purchase Details

Closed on
Apr 19, 2010
Sold by
Vineyard Rock Llc
Bought by
Friendly Partners Llc

Purchase Details

Closed on
Aug 29, 2005
Sold by
Warchol John
Bought by
Vineyard Rock Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
5.8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 8, 2005
Sold by
Fox Stephen and Fox Steve
Bought by
Warchol John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
5.8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 9, 2003
Sold by
Groff Paul M
Bought by
Fox Stephen
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
Smith Benjamin B $185,000 None Available
Johnson Tracy -- None Available
Warchol John -- None Available
Iron City Investments Llc -- None Available
Sunny Pilgrim Llc -- None Available
Friendly Partners Llc -- None Available
Vineyard Rock Llc -- --
Warchol John M $99,000 Capital Title Ins Agency
Fox Stephen $96,900 Title One Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Benjamin B $166,500
Previous Owner Warchol John M $79,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2021 05/20/21 Sold $185,000 -5.1% $196 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $195,000 0.0% $206 / Sq Ft
07/22/2020 07/22/20 Rented $1,200 +4.3% --
07/07/2020 07/07/20 Under Contract -- -- --
07/08/2019 07/08/19 Rented $1,150 0.0% --
06/11/2019 06/11/19 Under Contract -- -- --
06/04/2019 06/04/19 Price Changed $1,150 -4.2% $1 / Sq Ft
05/07/2019 05/07/19 For Rent $1,200 -- --
Source: Realcomp

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 $4,335 $88,040 $0 $0
2024 $4,161 $82,220 $0 $0
2023 $4,095 $79,330 $0 $0
2022 $4,173 $76,590 $0 $0
2021 $3,343 $71,000 $0 $0
2020 $4,216 $62,240 $0 $0
2019 $4,447 $56,530 $0 $0
2018 $2,562 $46,300 $0 $0
2017 $2,526 $46,070 $0 $0
2016 $2,493 $42,650 $0 $0
2015 -- $39,770 $0 $0
2014 -- $35,980 $0 $0
2011 -- $33,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210020308

Realcomp

APN: 25-27-487-013

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