James Wolfe
Century 21 Curran & Oberski
(947) 886-8334
251 Total Sales
8 in Ferndale
$141K - $620K Price Range
540 Spencer St Ferndale, MI 48220
Ferndale AreaEstimated Value: $201,000 - $238,000
2
Beds
1
Bath
857
Sq Ft
$257/Sq Ft
Est. Value
Highlights
- Contemporary Architecture
- Enclosed Patio or Porch
- Forced Air Heating System
- No HOA
- 1 Car Detached Garage
- Fenced
About This Home
As of May 2019Ferndale's Hugo Scherer's Sub | 875 sqft | 2 bedroom | 1 bath | 1 Car Garage | Built in 1923. The perfect place to call home in one of the hottest markets in Metro Detroit – Ferndale! Built in 1923, this rare home is celebrating nearly 100 years. Lovingly maintained and restored inside of 857 square feet this newly decorated 2 bedroom, 1 full bath home boasts newly finished hardwood floors, original woodwork, knobs & handles, updated kitchen, new electrical, new plumbing, upper outdoor patio, new roof and much more! Walk or bike to your favorite restaurants, shops and schools, this is one you won’t want to miss!
Last Agent to Sell the Property
Historic Realty Detroit License #6504385978 Listed on: 04/01/2019
Last Buyer's Agent
Sharon Collins
Real Estate One-W Blmfld License #6501222738
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Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1923 | Remodeled in 2018
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 35.00x110.00
- Fenced
- Historic Home
Parking
- 1 Car Detached Garage
Home Design
- Contemporary Architecture
- Block Foundation
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 857 Sq Ft Home
- 2-Story Property
- Disposal
- Unfinished Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Enclosed Patio or Porch
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Sewer in Street
- Cable TV Available
Community Details
- No Home Owners Association
- Hugo Scherer's Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 2535351009
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2019
Closed on
May 22, 2019
Sold by
Bought by
Seller's Agent
Jason Hill
Historic Realty Detroit
Buyer's Agent
Sharon Collins
Real Estate One-W Blmfld
List Price
$181,900
Sold Price
$175,500
Premium/Discount to List
-$6,400
-3.52%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,957
Avg. Annual Appreciation
3.22%
Original Mortgage
$156,715
Outstanding Balance
$134,882
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$85,575
Purchase Details
Closed on
Mar 22, 2018
Sold by
Bought by
Purchase Details
Closed on
Jul 6, 2010
Sold by
Bought by
Purchase Details
Closed on
Feb 18, 2009
Sold by
Bought by
Purchase Details
Closed on
Feb 3, 2009
Sold by
Bought by
Purchase Details
Closed on
Mar 3, 2003
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Ferndale, MI
-
James Wolfe
-
Paul Linville
Paul Linville
Berkshire Hathaway HomeServices Kee Realty SCS
(586) 474-4899
61 Total Sales
1 in Ferndale
$275,000 Price
-
Ray Nadolski
Ray Nadolski
RE/MAX First
(947) 210-5985
31 Total Sales
1 in Ferndale
$200,000 Price
-
Melissa Michels
Melissa Michels
Berkshire Hathaway HomeServices Kee Realty Bham
(586) 666-1775
34 Total Sales
2 in Ferndale
$255,000 Price Range
-
Carol Lukity
Carol Lukity
Responds QuicklyBerkshire Hathaway HomeServices Kee Realty
(517) 701-2716
263 Total Sales
2 in Ferndale
$200K - $275K Price Range
-
Bob Oligney
Bob Oligney
Century 21 Signature Realty
(810) 285-7986
141 Total Sales
1 in Ferndale
$248,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $175,500 | Liberty Title | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| $120,882 | None Available | ||
| $95,000 | Titlesource |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $15,000 | ||
| Open | $156,715 | ||
| Previous Owner | $13,700 | ||
| Previous Owner | $14,000 | ||
| Previous Owner | $112,000 | ||
| Previous Owner | $100,000 | ||
| Previous Owner | $18,750 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/22/2019 05/22/19 | Sold | $175,500 | -3.5% | $205 / Sq Ft |
| 04/09/2019 04/09/19 | Pending | -- | -- | -- |
| 04/01/2019 04/01/19 | For Sale | $181,900 | -- | $212 / Sq Ft |
Source: Realcomp
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $4,254 | $94,230 | $0 | $0 |
| 2024 | $4,202 | $90,670 | $0 | $0 |
| 2023 | $3,935 | $88,190 | $0 | $0 |
| 2022 | $3,957 | $78,020 | $0 | $0 |
| 2021 | $3,981 | $72,490 | $0 | $0 |
| 2020 | $3,772 | $69,190 | $0 | $0 |
| 2019 | $1,774 | $49,130 | $0 | $0 |
| 2018 | $2,308 | $43,740 | $0 | $0 |
| 2017 | $2,275 | $41,310 | $0 | $0 |
| 2016 | $2,244 | $35,190 | $0 | $0 |
| 2015 | -- | $31,990 | $0 | $0 |
| 2014 | -- | $27,740 | $0 | $0 |
| 2011 | -- | $33,060 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Hill
Seller's Agent in 2019
Jason Hill
Historic Realty Detroit
(313) 220-4820
66 Total Sales
-
S
Buyer's Agent in 2019
Sharon Collins
Real Estate One-W Blmfld
Map
Source: Realcomp
MLS Number: 219028334
APN: 25-35-351-009
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IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2026 Realcomp II Ltd. Shareholders
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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