NOT LISTED FOR SALE

537 Spencer St Ferndale, MI 48220

Estimated Value: $221,000 - $248,000

3 Beds
1 Bath
913 Sq Ft
$263/Sq Ft Est. Value

Last Sold May 02, 2016

Last sale price $144,500 $158 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,618/month

10 Days on Market

Highlights

  • Deck
  • Bungalow
  • Forced Air Heating and Cooling System
  • No HOA
  • Shed
  • Fenced

About This Home

As of May 2016

This Ferndale charmer is the perfect balance of character and updates! Wonderful curb appeal with paver walk way and brand new maintenance free vinyl siding (2016). Step inside to find beautiful hardwood floors throughout. Spacious living room opens to large eat in kitchen complete with new stainless appliances (2015). Secondary bedrooms complete the first floor. Master bedroom features hardwood floors and large walk in closet. New furnace in 2014. Super solid home close to all the entertainment, shopping and art appreciation that Ferndale has to offer. Room sizes are approximate.

Last Agent to Sell the Property

Barbara Witt

Community Choice Realty Inc License #6501373026 Listed on: 03/25/2016

Community Choice Realty Inc

Last Buyer's Agent

Lorrie Bailey

KW Showcase Realty License #6501332907

KW Showcase Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1942

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35x118.47
  • Fenced

Home Design

  • Bungalow
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 913 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Hugo Scherer's Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2535306042

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,115

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 138
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dryer, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 913
  • Total Sq Ft: 913
  • Sq Ft Total Bsmt: 600

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 35
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1399000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 35X118.47
  • Parcel Number: 2535306042

Tax Info

  • Tax Amount Summer: 2051.0000
  • Tax Amount Winter: 64.0000
  • Total Tax: 2115.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2016
Closed on
May 2, 2016
Sold by
Renaud Jennifer
Bought by
Danek Douglas R and Kusk Eva
Seller's Agent
Barbara Witt
Community Choice Realty Inc
Buyer's Agent
Lorrie Bailey
KW Showcase Realty
List Price
$139,900
Sold Price
$144,500
Premium/Discount to List
$4,600
3.29%
Current Estimated Value
$239,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,317
Avg. Annual Appreciation
6.29%
Original Mortgage
$115,600
Outstanding Balance
$93,888
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$161,755

Purchase Details

Closed on
Sep 29, 2004
Sold by
Lambert Daniel C and Lambert Michelle
Bought by
Renaud Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,801
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
May 15, 1996
Sold by
Camper Frank N
Bought by
Lambert Daniel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,150
Interest Rate
8.1%
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
Danek Douglas R $144,500 Premier Title Agency Llc
Renaud Jennifer $132,252 Capital Title Ins
Lambert Daniel C $64,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Danek Douglas R $115,600
Previous Owner Renaud Jennifer L $105,801
Previous Owner Renaud Jennifer L $26,450
Previous Owner Lambert Daniel C $6,696
Previous Owner Lambert Daniel C $63,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2016 05/02/16 Sold $144,500 +3.3% $158 / Sq Ft
04/04/2016 04/04/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $139,900 -- $153 / 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 $3,856 $96,130 $0 $0
2023 $3,747 $91,050 $0 $0
2022 $3,968 $81,860 $0 $0
2021 $3,791 $78,340 $0 $0
2020 $3,591 $73,700 $0 $0
2019 $3,650 $68,990 $0 $0
2018 $3,664 $62,990 $0 $0
2017 $3,669 $62,630 $0 $0
2016 $2,221 $49,140 $0 $0
2015 -- $45,160 $0 $0
2014 -- $39,370 $0 $0
2011 -- $35,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216027472

Realcomp

APN: 25-35-306-042