NOT LISTED FOR SALE

525 Stratford Rd Ferndale, MI 48220

Estimated Value: $114,000 - $169,000

1 Bed
1 Bath
492 Sq Ft
$293/Sq Ft Est. Value

Last Sold September 26, 2012

Last sale price $25,000 $51 Per Sq Ft

Est. 477% increase in value since last sale

Current estimated payment $912/month

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • 4-minute walk to Ferndale Memorial Mall
  • No HOA
  • Forced Air Heating System

About This Home

As of January 2024

Tiny living in the big city! Charming one bedroom, 1 bath single family home in Ferndale, just steps away from bustling Livernois Ave. Spacious living room with a Library Ladder feature leading to a storage loft. Updated kitchen. Good sized bedroom. Laundry room has great storage. Unique cellar storage as well. Newer windows, siding and roof. Appliances included. $35 application fee per person. NO SMOKING. Pets will be considered on a case-by-case basis. Applicants must have a minimum of 650 credit score and gross monthly income of at least 3 times the monthly rent. Landlord is willing to offer a rental rate of $1050 for an 18 month lease.

Last Agent to Rent the Property

Patti Martini

The Home Store Inc. License #6501289487 Listed on: 11/15/2023

Last Renter's Agent

Patti Martini

The Home Store Inc. License #6501289487 Listed on: 11/15/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,497

Year Built

  • Built in 1923 | Remodeled in 2002

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30.00 x 108.00

Home Design

  • 492 Sq Ft Home
  • Ranch Style House
  • Poured Concrete
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Free-Standing Gas Range
  • Covered Patio or Porch
  • Ground Level
  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Kenilworth Sub Subdivision

Listing and Financial Details

  • 12 Month Lease Term
  • 24 Month Lease Term
  • Application Fee: 35.00
  • Assessor Parcel Number 2533434041

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,497

Year Built

Built in 1923 | Remodeled in 2002

Lot Details

0

Rental Info

  • Application Fee: 35.00
  • Lease Type: Single Family House
  • Security Deposit: 1.50

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1923
  • Year Renovated: 2002
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 492
  • Total Sq Ft: 492
  • Sq Ft Total Bsmt: 100

Exterior Features

  • Foundation Details: Michigan Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 30
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • Lot Size Area: 0.07
  • Lot Dimensions: 30.00 x 108.00
  • Parcel Number: 2533434041

Multi Family

  • Length of Lease: 12 Months, 13-24 Months

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2012
Closed on
Sep 26, 2012
Sold by
Dominic & Maria Llc and Marra Dominic
Bought by
Nina Lewis Properties Llc
Seller's Agent
Sherry Pyszczynski
Keller Williams Paint Creek
Buyer's Agent
Joanna Darmanin
KW Metro
List Price
$29,900
Sold Price
$25,000
Premium/Discount to List
-$4,900
-16.39%
Current Estimated Value
$144,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,341
Avg. Annual Appreciation
14.55%

Purchase Details

Closed on
Oct 22, 2002
Sold by
Maria Dominic
Bought by
Marra Domenico

Purchase Details

Closed on
Jan 29, 2002
Sold by
Preston Spring Co
Bought by
Maria Dominic
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
Nina Lewis Properties Llc $25,000 Stg
Marra Domenico -- --
Dominic & Maria Llc -- First Michigan Title Inc
Maria Dominic $28,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Rented $1,100 0.0% --
12/22/2023 12/22/23 Under Contract -- -- --
11/15/2023 11/15/23 For Rent $1,100 +69.2% --
05/09/2017 05/09/17 Rented $650 0.0% --
03/22/2017 03/22/17 Under Contract -- -- --
03/22/2017 03/22/17 For Rent $650 +13.0% --
03/14/2013 03/14/13 Rented $575 0.0% --
03/14/2013 03/14/13 Under Contract -- -- --
03/09/2013 03/09/13 For Rent $575 0.0% --
09/26/2012 09/26/12 Sold $25,000 -16.4% $50 / Sq Ft
09/25/2012 09/25/12 Pending -- -- --
06/14/2012 06/14/12 For Sale $29,900 -- $60 / 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 $1,497 $55,300 $0 $0
2023 $1,441 $52,070 $0 $0
2022 $1,423 $45,210 $0 $0
2021 $1,419 $42,700 $0 $0
2020 $1,362 $37,310 $0 $0
2019 $1,371 $31,540 $0 $0
2018 $1,367 $26,130 $0 $0
2017 $1,347 $22,970 $0 $0
2016 $1,325 $19,880 $0 $0
2015 -- $18,550 $0 $0
2014 -- $16,440 $0 $0
2011 -- $17,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230059203

Realcomp

APN: 25-33-434-041