NOT LISTED FOR SALE

516 E Lewiston Ave Ferndale, MI 48220

Estimated Value: $232,000 - $278,000

3 Beds
1 Bath
1,064 Sq Ft
$245/Sq Ft Est. Value

Last Sold April 26, 2013

Last sale price $90,000 $85 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $1,632/month

6 Days on Market

Highlights

  • Bungalow
  • Forced Air Heating System
  • 2 Car Garage

About This Home

As of April 2013

3 Bedroom Bungalow Located In Ferndale. Enclosed Porch, 2 Car Garage and Fenced yard. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down!! This property is approved for HomePath Mortgage & HomePath Renovation Mort Financing

Last Agent to Sell the Property

Meghan Schubring

Pearl Real Estate License #MISPE-6502411217 Listed on: 03/01/2013

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,903

Year Built

  • Built in 1924

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 45x128

Parking

  • 2 Car Garage

Home Design

  • Bungalow

Interior Spaces

  • 1,064 Sq Ft Home
  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Community Details

  • Association fees include gas

Listing and Financial Details

  • Assessor Parcel Number 2527451018

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,903

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Bungalow, Detached
  • Structure Style: 1 1/2 Story
  • Year Built: 1924
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 16 x 10
  • Bedroom 2: On Entry Level, Dimensions: 14 x 10
  • Bedroom 3: On Entry Level, Dimensions: 12 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Dining Room: On Entry Level, Dimensions: 12 x 12
  • Kitchen: On Entry Level, Dimensions: 17 x 7
  • Living Room: On Entry Level, Dimensions: 12 x 12
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1064
  • Total Finished Sq Ft: 1064

Exterior Features

  • Exterior: Aluminum
  • Foundation: Basement
  • Frontage: 45
  • Road: Paved Street

Garage/Parking

  • Garage Spaces: 2
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Sewer: Public At Street
  • Water: Public Water at Street

Condo/Co-op/Association

  • HOA Fee Includes: Gas

Lot Info

  • Assessor Parcel Number: 2527451018
  • Zoning: Residential
  • Lot Description: Sidewalks
  • Lot Dimensions: 45x128
  • Acreage: 0.13
  • Map Side Numeric: 29
  • Map Top Alpha: AD
  • Geo Subdivision: MI

MLS Schools

  • School District: Ferndale City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2013
Closed on
Apr 26, 2013
Sold by
Federal National Mortgage Association
Bought by
Agans Daniel and Agans Elissa
Seller's Agent
Meghan Schubring
Pearl Real Estate
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$94,999
Sold Price
$90,000
Premium/Discount to List
-$4,999
-5.26%
Current Estimated Value
$260,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,899
Avg. Annual Appreciation
9.27%
Original Mortgage
$88,369
Outstanding Balance
$64,833
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$205,234

Purchase Details

Closed on
Jun 12, 2012
Sold by
Bucci Michael J and Bucci Anne K
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 30, 2000
Sold by
Smith Kathleen M
Bought by
Bucci Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
8.05%

Purchase Details

Closed on
Jun 10, 1998
Sold by
Burns Kenneth Andrew
Bought by
Horton Jeffery D

Purchase Details

Closed on
Feb 12, 1997
Sold by
Ruemenap Donna Elizabeth
Bought by
Horton Jeffery D
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
Federal National Mortgage Association $138,652 None Available
Bucci Michael J $115,000 --
Horton Jeffery D -- --
Horton Jeffery D $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Agans Daniel $88,369
Previous Owner Bucci Michael J $127,500
Previous Owner Bucci Michael J $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2013 04/26/13 Sold $90,000 -5.3% $85 / Sq Ft
03/07/2013 03/07/13 Pending -- -- --
03/01/2013 03/01/13 For Sale $94,999 -- $89 / Sq Ft
Source: Michigan Multiple Listing Service

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 $2,903 $116,450 $0 $0
2023 $2,652 $107,550 $0 $0
2022 $2,663 $97,120 $0 $0
2021 $2,678 $87,670 $0 $0
2020 $2,540 $79,700 $0 $0
2019 $2,581 $70,970 $0 $0
2018 $2,590 $60,870 $0 $0
2017 $2,718 $59,370 $0 $0
2016 $2,524 $54,230 $0 $0
2015 -- $49,700 $0 $0
2014 -- $41,600 $0 $0
2011 -- $43,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31137845

Michigan Multiple Listing Service

APN: 25-27-451-018