NOT LISTED FOR SALE

524 E Oakridge Ave Ferndale, MI 48220

Estimated Value: $207,000 - $249,000

3 Beds
1.5 Baths
1,514 Sq Ft
$152/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $240,000 $159 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,456/month

11 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Living Room
  • Ceiling Fan
  • 5-minute walk to Victory Park

About This Home

As of May 2024

This charming Ferndale ranch is ready to be called home! Enter via the covered front porch to be greeted by the living room featuring hardwood floors & a coved ceiling. Two fairly sized bedrooms share a full bath down the hallway. Kitchen w/a corner sink & ample cabinet & counter space. Just behind the kitchen, the large carpeted primary bedroom features an ensuite half bath. Downstairs, the partially finished basement houses the laundry area, provides extra storage space, & features a bonus space. Air conditioning was installed in 2024, newer electrical updates, & new blown in insulation throughout. Outside, a sprawling private backyard features a detached garage accessible from the alley. Conveniently situated within walking distance to Woodward Ave and close to downtown Ferndale! BTVAI

Last Agent to Sell the Property

Jeff Glover

KW Professionals License #6502408794 Listed on: 04/19/2024

KW Professionals

Co-Listed By

Sean Konja

KW Professionals License #6504431360

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,241

Year Built

  • Built in 1940

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35x120x120x35

Parking

  • 1 Car Detached Garage

Home Design

  • Slab Foundation
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Living Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

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

Community Details

  • Woodward Heights Sub No 2 Ferndale Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,241

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 35x120x120x35
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1514.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 2240.93
  • Tax Info:Zoning3: Residential
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Slab: Yes
  • Additional Items:Ceiling Fans: Yes
  • Location Property Info:Subdivision2: WOODWARD HEIGHTS SUB NO 2 - FERNDALE
  • Water Heater:Natural Gas4: Yes
  • General Property Info:SqFt Above Grade: 914.0
  • Laundry Features In Basement: Yes
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full, Slab
  • LivingArea: 1514.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Finished SQFT: 600.0
  • Basement Rooms:Total Basement SQFT: 662.0
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 600.0

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • List Price: 239900.0
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement
  • Sewer: Public
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Dimensions: 35x120x120x35
  • Lot Size Sq Ft: 4356.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2240.93
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
May 22, 2024
Sold by
Bacow Joel
Bought by
Martin Victoria and Gioia Jessica
Seller's Agent
Jeff Glover
KW Professionals
List Price
$239,900
Sold Price
$240,000
Premium/Discount to List
$100
0.04%
Views
218
Current Estimated Value
$229,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,450
Avg. Annual Appreciation
-0.48%
Original Mortgage
$216,000
Outstanding Balance
$214,217
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$24,334

Purchase Details

Closed on
Mar 16, 2010
Sold by
Teasdale Jonathan E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 18, 2006
Sold by
C O Group Inc
Bought by
Teasdale Jonathan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,800
Interest Rate
6.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 30, 2006
Sold by
Janisse Jay A
Bought by
C O Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,800
Interest Rate
6.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 26, 2006
Sold by
Jpmorgan Chase Bank
Bought by
C O Group Inc

Purchase Details

Closed on
Feb 22, 2006
Sold by
Mortgage Electronic Registration Systems
Bought by
Jpmorgan Chase Bank

Purchase Details

Closed on
Feb 21, 2006
Sold by
Janisse Jay A
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Aug 28, 2003
Sold by
Silverstein Robert and Silverstein Lori
Bought by
Janisse Jay A

Purchase Details

Closed on
Nov 5, 2001
Sold by
Hendrick Mark S
Bought by
Silverstein Robert

Purchase Details

Closed on
May 10, 1995
Sold by
Real Estate Acquisitions
Bought by
Hendrick Mark S
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
Martin Victoria $240,000 None Listed On Document
Martin Victoria $240,000 None Listed On Document
Federal National Mortgage Association $86,379 None Available
Teasdale Jonathan E $72,000 Parks Title
C O Group Inc -- None Available
C O Group Inc -- None Available
Jpmorgan Chase Bank -- None Available
Mortgage Electronic Registration Systems $102,000 None Available
Janisse Jay A $127,000 Title Giant
Silverstein Robert $55,000 --
Hendrick Mark S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Victoria $216,000
Closed Martin Victoria $216,000
Previous Owner Teasdale Jonathan E $23,400
Previous Owner Teasdale Jonathan E $80,000
Previous Owner Teasdale Jonathan E $10,800
Previous Owner Teasdale Jonathan E $57,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $240,000 0.0% $159 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $239,900 -- $158 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $2,474 $97,420 $0 $0
2023 $2,387 $90,110 $0 $0
2022 $2,519 $81,570 $0 $0
2021 $2,355 $74,590 $0 $0
2020 $2,257 $68,820 $0 $0
2019 $2,273 $61,360 $0 $0
2018 $2,266 $50,810 $0 $0
2017 $2,234 $49,710 $0 $0
2016 $2,204 $45,410 $0 $0
2015 -- $41,540 $0 $0
2014 -- $34,470 $0 $0
2011 -- $37,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24018568

Southwestern Michigan Association of REALTORS®

APN: 25-27-401-004