NOT LISTED FOR SALE

532 Pearson St Ferndale, MI 48220

Estimated Value: $235,014 - $281,000

3 Beds
1 Bath
793 Sq Ft
$329/Sq Ft Est. Value

Last Sold March 28, 2018

Last sale price $177,000 $223 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,709/month

3 Days on Market

Highlights

  • Ranch Style House
  • Enclosed Patio or Porch
  • Forced Air Heating and Cooling System
  • No HOA
  • Shed
  • Fenced

About This Home

As of March 2018

***HIGHEST AND BEST DUE 3/1/18 BY 6PM***Beautiful turnkey ranch within walking distance to downtown Ferndale! Gorgeous fully updated kitchen boasts stainless steel appliances, granite countertops, and custom backsplash. Centrally located living room with hardwood floors is great for entertaining friends and family. Three nice sized bedrooms share an updated full bath with custom vanity and tile shower. Lower level provides laundry and plenty of storage space. Large backyard with patio and shed, and front covered porch are perfect spots to relax and enjoy a morning coffee. Quiet neighborhood and walking distance to all that downtown Ferndale has to offer. Welcome home!

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 02/27/2018

Good Company

Last Buyer's Agent

Lori Davis

KW Metro License #RCO-6501345322

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1919

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x122
  • Fenced

Home Design

  • 793 Sq Ft Home
  • Ranch Style House
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting
  • Shed

Utilities

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

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Elsinore Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2534110042

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,094

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 793

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Poured
  • Porch Type: Patio, Porch - Enclosed
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

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

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1536363.6364
  • Lot Size Area: 0.11
  • Lot Dimensions: 40X122
  • Parcel Number: 2534110042

Tax Info

  • Tax Amount Summer: 2932.0000
  • Tax Amount Winter: 162.0000
  • Total Tax: 3094.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2018
Closed on
Mar 28, 2018
Sold by
Schrode Ashley E and Schrode Dennis A
Bought by
Samuels Christopher M
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Lori Davis
KW Metro
List Price
$169,000
Sold Price
$177,000
Premium/Discount to List
$8,000
4.73%
Current Estimated Value
$261,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,004
Avg. Annual Appreciation
5.09%
Original Mortgage
$171,690
Outstanding Balance
$146,482
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$114,522

Purchase Details

Listed on
Jan 12, 2015
Closed on
Apr 29, 2015
Sold by
Stumar Llc
Bought by
Schrode Ashley E and Schrode Dennis A
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Jim Shaffer
Good Company
List Price
$159,900
Sold Price
$138,000
Premium/Discount to List
-$21,900
-13.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%
Original Mortgage
$135,500
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2014
Sold by
Bolen Angelita and Estate Of Esther D Smith
Bought by
Stumar Llc and Sunnycrest Consulting Llc

Purchase Details

Closed on
Jul 16, 2014
Sold by
Bolen Angelita Maria and Smith Marlene Ann
Bought by
Bolen Angelita Maria and Smith Marlene Ann

Purchase Details

Closed on
Jul 21, 2009
Sold by
Smith Esther D and Smith Melvil D
Bought by
Smith Esther D and Bolen Angelita Maria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Samuels Christopher M $177,000 None Available
Schrode Ashley E $138,000 Fnt
Stumar Llc $65,500 None Available
Bolen Angelita Maria -- None Available
Smith Esther D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Samuels Christopher M $171,690
Previous Owner Schrode Ashley E $135,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2018 03/28/18 Sold $177,000 +4.7% $223 / Sq Ft
03/02/2018 03/02/18 Pending -- -- --
02/27/2018 02/27/18 For Sale $169,000 +22.5% $213 / Sq Ft
04/28/2015 04/28/15 Sold $138,000 -13.7% $183 / Sq Ft View Prior Sale
03/01/2015 03/01/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $159,900 -- $212 / 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
2025 $4,294 $110,070 $0 $0
2024 $4,122 $107,030 $0 $0
2023 $4,006 $99,820 $0 $0
2022 $4,029 $91,310 $0 $0
2021 $4,054 $81,660 $0 $0
2020 $3,841 $76,570 $0 $0
2019 $3,903 $69,200 $0 $0
2018 $3,172 $62,530 $0 $0
2017 $3,132 $61,080 $0 $0
2016 $3,093 $52,560 $0 $0
2015 -- $35,880 $0 $0
2014 -- $31,720 $0 $0
2011 -- $37,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Shaffer

    Seller's Agent in 2018

    Jim Shaffer

    Good Company

    (248) 834-3030

    448 in this area

    3,699 Total Sales

    Jim Shaffer
    Section Image

  • L

    Buyer's Agent in 2018

    Lori Davis

    KW Metro

See All Agents

Map

Source: Realcomp

MLS Number: 218015419

Realcomp

APN: 25-34-110-042

Michigan Oakland County Ferndale 48220

532 Pearson St, Ferndale, MI

Not Listed for Sale

Detached

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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