NOT LISTED FOR SALE

53 Wellesley Dr Pleasant Ridge, MI 48069

Estimated Value: $387,439 - $430,000

3 Beds
2 Baths
1,351 Sq Ft
$307/Sq Ft Est. Value

Last Sold May 20, 2020

Last sale price $280,000 $207 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,805/month

2 Days on Market

Highlights

  • No HOA
  • Stainless Steel Appliances
  • Bungalow
  • Covered Patio or Porch
  • 1 Car Detached Garage
  • 2-minute walk to Gainsboro Park

About This Home

As of May 2020

See one of the historic Craftsman style homes that makes Pleasant Ridge so desirable! A covered front porch welcomes you to the home that features hardwood floors throughout, wood framed windows & coved ceilings that make the living areas feel warm & comfortable. Large Living Room features fireplace & built-ins with accent windows above. Large, arched opening leads to formal Dining Room that has original built ins w/leaded glass doors. Updated Kitchen has farmhouse sink, granite counters & SS appliances. One bedroom & updated full bath with subway tiles off hall w/built-ins complete the main floor. Upstairs offers a master with 2 closets, spacious 3rd bedroom & full bath with Carrera marble tile & custom antique vanity. Wonderful backyard with landscaped patio, wooden privacy fence & detached garage. Beautiful tree-lined, dead end street with park & playground. Enjoy access to Community Pool, Gym, Parks, Dog Run & Community Gardens. Minutes to freeways, downtown Ferndale & Royal Oak.

Last Agent to Sell the Property

Ann Greenberg

Signature Sotheby's International Realty Bham License #6501323629 Listed on: 05/08/2020

Signature Sotheby's International Realty Bham

Last Buyer's Agent

Kristin Ervin

KW Domain License #6501412922

KW Domain

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1925 | Remodeled in 2015

Lot Details

  • Lot Dimensions are 40 x 119
  • Fenced
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,351 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Hamilton Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2527129026
  • $2,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,888

Year Built

Built in 1925 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1925
  • State Equalized Value: 114420.0000
  • Year Renovated: 2015
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Microwave, Free-Standing Gas Range, Free-Standing Refrigerator, Stainless Steel Appliance(s)
  • Sq Ft Combined: 1351
  • Total Sq Ft: 1351
  • Sq Ft Total Bsmt: 862

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Construction Features: Platted Sub.
  • Exterior Features: Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 40
  • Porch Type: Patio, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • Lot Features: Level
  • Lot Dimensions: 40 x 119
  • Parcel Number: 2527129026

Tax Info

  • Tax Amount Summer: 4757.0000
  • Tax Amount Winter: 131.0000
  • Total Tax: 4888.0000
  • Taxable Value: 76200.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
May 18, 2020
Sold by
Lundgren Faith
Bought by
Thombury Richard A
Seller's Agent
Ann Greenberg
Signature Sotheby's International Realty Bham
Buyer's Agent
Kristin Ervin
KW Domain
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Current Estimated Value
$415,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,110
Avg. Annual Appreciation
7.42%
Original Mortgage
$223,000
Outstanding Balance
$202,716
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$205,513

Purchase Details

Closed on
Oct 19, 2007
Sold by
Jean Rideout Revocable Trust
Bought by
Lundgren Faith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,800
Interest Rate
6.38%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 3, 2003
Sold by
Rideout Richard and Mary Evelyn Rideout Revocable
Bought by
Rideout Jean and Jean Rideout Revocable Trust

Purchase Details

Closed on
Aug 22, 1996
Sold by
Rideout Mary Evelyn
Bought by
Mary Evelyn Rideout Tr
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
Thombury Richard A $280,000 Interstate Title Inc
Lundgren Faith $147,300 Interstate Title Inc
Rideout Jean -- --
Mary Evelyn Rideout Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thombury Richard A $223,000
Previous Owner Lundgren Faith $113,000
Previous Owner Lundgren Faith $117,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2020 05/20/20 Sold $280,000 +1.8% $207 / Sq Ft
05/11/2020 05/11/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $275,000 -- $204 / 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 $6,518 $151,340 $0 $0
2023 $6,234 $147,210 $0 $0
2022 $6,186 $135,470 $0 $0
2021 $5,921 $127,480 $0 $0
2020 $4,892 $118,560 $0 $0
2019 $4,938 $114,420 $0 $0
2018 $4,831 $113,260 $0 $0
2017 $4,746 $111,950 $0 $0
2016 $4,739 $103,150 $0 $0
2015 -- $89,640 $0 $0
2014 -- $79,560 $0 $0
2011 -- $71,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200030831

Realcomp

APN: 25-27-129-026