NOT LISTED FOR SALE

516 E Marshall St Ferndale, MI 48220

Estimated Value: $268,000 - $291,000

3 Beds
2 Baths
1,326 Sq Ft
$211/Sq Ft Est. Value

Last Sold February 01, 2021

Last sale price $230,000 $173 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,929/month

Highlights

  • Wood Flooring
  • Fenced Yard
  • Porch
  • Loft
  • 1.5 Car Detached Garage
  • Patio

About This Home

As of February 2021

Move in ready charming Ferndale bungalow! This 3 bedroom, 2 bath home features a living room with lots of natural light, and beautiful hardwood flooring throughout the main floor. On the second floor there is a Large loft like area with a bonus room and bathroom. The basement has the laundry area and PLENTY of storage space. In the backyard, you will find the perfect sized yard for entertaining with a detached 1.5 car garage that has been recently updated and insulated! Located within walking distance from downtown Ferndale!!!

Last Agent to Sell the Property

Misty Wood

Keller Williams Realty Lakeside License #MISPE-6501428780 Listed on: 11/24/2020

Keller Williams Realty Lakeside

Last Buyer's Agent

Matthew Berney

Quest Realty LLC License #RCO-6501386580

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x130
  • Fenced Yard

Parking

  • 1.5 Car Detached Garage

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,326 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Living Room
  • Loft
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 25-34-279-038

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,066

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Bungalow
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 4066
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Freezer, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement: Unfinished
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 10 x 10
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On 1st Floor, Dimensions: 10 x 10
  • Bedroom 2 Floor Covering: Wood
  • Bedroom 3: On 2nd Floor, Dimensions: 10 x 10
  • Bedroom 3 Floor Covering: Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: First, Flooring: Ceramic
  • Bathroom 2: On Level: Second, Flooring: Ceramic
  • Room Types: Living Room, Loft
  • Kitchen: On 1st Floor, Dimensions: 17 x 9
  • Kitchen Floor Covering: Wood
  • Library Den: On 2nd Floor
  • Living Room: On 1st Floor, Dimensions: 14 x 13
  • Living Room Floor Covering: Wood
  • Below Grade Sq Ft: 753
  • Above Grade Finished Sq Ft: 1326
  • Total Finished Sq Ft: 1326

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Fenced Yard, Patio, Porch, Sidewalks
  • Foundation: Basement
  • Frontage: 40
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 1.5
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s)

Lot Info

  • Assessor Parcel Number: 25-34-279-038
  • Zoning: Residential
  • Location: Subdivision
  • Lot Dimensions: 40x130
  • Acreage: 0.12
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $3,942.00
  • Winter Tax: Year: 2019, Amount: $124.00
  • Taxable Value: 78390
  • Total Tax: Amount: $4,066.00
  • SEV Year: 2019

MLS Schools

  • School District: Ferndale City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2020
Closed on
Jan 22, 2021
Sold by
Floyd Robert P and Floyd Christina Kay
Bought by
Gonzalez Eli
Seller's Agent
Misty Wood
Keller Williams Realty Lakeside
Buyer's Agent
Matthew Berney
Quest Realty LLC
List Price
$239,000
Sold Price
$230,000
Premium/Discount to List
-$9,000
-3.77%
Current Estimated Value
$279,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,906
Avg. Annual Appreciation
4.28%
Original Mortgage
$218,500
Outstanding Balance
$194,633
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$85,273

Purchase Details

Listed on
Oct 30, 2015
Closed on
Mar 24, 2016
Sold by
Floyd Robert P
Bought by
Floyd Robert P and Coxon Christina Kay
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Shannon Sails
NextHome Pros
List Price
$159,900
Sold Price
$147,000
Premium/Discount to List
-$12,900
-8.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.44%
Original Mortgage
$139,650
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2015
Closed on
Feb 16, 2016
Sold by
Hooker Lance W and Hooker Heather Lee
Bought by
Floyd Robert P
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Shannon Sails
NextHome Pros
List Price
$159,900
Sold Price
$147,000
Premium/Discount to List
-$12,900
-8.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,650
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2006
Sold by
Oak Funding Llc
Bought by
Hooker Lance W

Purchase Details

Closed on
Dec 15, 2004
Sold by
Arndt Alan and Arndt Maxine
Bought by
Oak Funding Llc
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
Gonzalez Eli $230,000 1St Premier Title
Floyd Robert P -- None Available
Floyd Robert P $147,000 None Available
Hooker Lance W $155,000 Professional Real Estate Tit
Oak Funding Llc $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Eli $218,500
Previous Owner Floyd Robert P $139,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/01/2021 02/01/21 Sold $230,000 -3.8% $173 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
11/24/2020 11/24/20 For Sale $239,000 +62.6% $180 / Sq Ft
02/16/2016 02/16/16 Sold $147,000 -8.1% $111 / Sq Ft View Prior Sale
01/27/2016 01/27/16 Pending -- -- --
10/30/2015 10/30/15 For Sale $159,900 -- $121 / 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 $5,387 $109,250 $0 $0
2023 $5,239 $106,780 $0 $0
2022 $5,273 $97,650 $0 $0
2021 $4,161 $90,390 $0 $0
2020 $3,942 $86,180 $0 $0
2019 $4,006 $78,390 $0 $0
2018 $4,021 $70,090 $0 $0
2017 $3,970 $68,020 $0 $0
2016 $1,924 $50,520 $0 $0
2015 -- $43,080 $0 $0
2014 -- $36,550 $0 $0
2011 -- $40,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Misty Wood

    Keller Williams Realty Lakeside

    Section Image
  • Matthew Berney

    Buyer's Agent in 2021

    Matthew Berney

    Quest Realty LLC

    (248) 632-2134

    4 in this area

    271 Total Sales

    Matthew Berney
    Section Image
  • Jim Shaffer

    Seller's Agent in 2016

    Jim Shaffer

    Good Company

    (248) 834-3030

    453 in this area

    3,724 Total Sales

    Jim Shaffer
    Section Image
  • Shannon Sails

    Buyer's Agent in 2016

    Shannon Sails

    NextHome Pros

    (586) 873-4474

    1 in this area

    88 Total Sales

    Shannon Sails
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50029623

Michigan Multiple Listing Service

APN: 25-34-279-038

Michigan Oakland County Ferndale 48220

516 E Marshall St, Ferndale, MI

This home is located at 516 E Marshall St, Ferndale, MI 48220 since 24 November 2020 and is currently estimated at $279,906, approximately $211 per square foot. This property was built in 1940. 516 E Marshall St 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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