$184,000
SOLD JUN 3, 2016

524 W Troy St Ferndale, MI 48220

3 Beds
2 Baths
1,446 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$127 Per Sq Ft

8% Below List Price

41 Days on Market

Highlights

  • Porch
  • Humidifier
  • Private Entrance
  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • High Speed Internet

About This Home

As of August 2020

In-Town Duplex- Opportunity is Knocking! Spacious Lower Unit $950- Enclosed Front Porch, Large Living Room /Dining Room Combo, Natural FP, HW Flrs under carpet, Nice Size Kitchen w/Breakfast Nook, 2 Bedrooms-- Upper Unit $750- Updated Kitchen with Eating Space, One Bedroom, Living Room w/Tree Top View & Great Closet Space/Storage, Open Basement w/Separate washers & dryers, Separate Electric. Tenants share costs for Gas & water.

Last Agent to Sell the Property

Judy Palmer

RE/MAX Showcase Homes License #6502118318 Listed on: 03/16/2016

RE/MAX Showcase Homes

Last Buyer's Agent

Kellie Aiken

Max Broock, REALTORS®-Birmingham License #RCO-6501368742

Max Broock, REALTORS®-Birmingham

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925 | Remodeled in 2004

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Private Entrance
  • Fenced

Home Design

  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,446 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Unfinished Basement

Parking

  • 4 Parking Spaces
  • On-Street Parking
  • Unassigned Parking

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units
  • Tennyson Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2534102025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,429

Year Built

Built in 1925 | Remodeled in 2004

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 1 1/2 Story
  • Year Built: 1925
  • Year Renovated: 2004
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1446
  • Total Sq Ft: 1446
  • Sq Ft Total Bsmt: 848

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Fenced, Lighting, Private Entry
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: On Street, Unassigned/General
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air, Separate Meter
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Ferndale

Lot Info

  • List Price per Acre: 1581250.0000
  • Lot Size Area: 0.12
  • Lot Dimensions: 50X100
  • Parcel Number: 2534102025
  • Zoning: Residential

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Water/Sewer
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1700

Tax Info

  • Tax Amount Summer: 4321.3500
  • Tax Amount Winter: 107.6400
  • Total Tax: 4428.9900

Multi Family

  • Gross Scheduled Income: 20400.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 1

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2024
Sold by
Herlihy David A
Bought by
Transcendent Housing 524 Llc
Current Estimated Value
$378,192

Purchase Details

Listed on
Jun 10, 2020
Closed on
Aug 3, 2020
Sold by
Westrate Brian
Bought by
Herlihy David A
Seller's Agent
Kellie Aiken
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Lindsay Gorman
Nika & Co
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%
Original Mortgage
$271,000
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 16, 2016
Closed on
May 26, 2016
Sold by
Gogonis Julian and Gogonis Erika
Bought by
Westrate Brian
Seller's Agent
Judy Palmer
RE/MAX Showcase Homes
Buyer's Agent
Kellie Aiken
Max Broock, REALTORS®-Birmingham
List Price
$199,850
Sold Price
$184,000
Premium/Discount to List
-$15,850
-7.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%

Purchase Details

Closed on
Sep 1, 2000
Sold by
Morey Michael
Bought by
Caverly James A
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $285,000 Capital Title Ins Agcy Inc
Warranty Deed $184,000 Partners Title Agency Llc
Deed $132,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $271,000 FHA
Previous Owner $150,400 Unknown
Previous Owner $148,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $285,000 -4.7% $197 / Sq Ft
06/10/2020 06/10/20 For Sale $299,000 +62.5% $207 / Sq Ft
06/03/2016 06/03/16 Sold $184,000 -7.9% $127 / Sq Ft
04/26/2016 04/26/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $199,850 -- $138 / 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 $8,596 $156,410 $0 $0
2023 $8,319 $144,750 $0 $0
2022 $8,423 $131,790 $0 $0
2021 $8,275 $120,100 $0 $0
2020 $6,946 $113,840 $0 $0
2019 $6,998 $100,900 $0 $0
2018 $6,976 $90,850 $0 $0
2017 $6,876 $89,010 $0 $0
2016 $4,897 $83,740 $0 $0
2015 -- $78,520 $0 $0
2014 -- $67,110 $0 $0
2011 -- $63,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216024277

Realcomp

APN: 25-34-102-025