NOT LISTED FOR SALE

543 E Saratoga St Ferndale, MI 48220

Estimated Value: $178,000 - $232,000

2 Beds
1 Bath
1,216 Sq Ft
$172/Sq Ft Est. Value

Last Sold August 11, 2022

Last sale price $140,000 $115 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,578/month

7 Days on Market

Highlights

  • Ground Level Unit
  • Covered Patio or Porch
  • Shed
  • No HOA
  • Bungalow
  • Forced Air Heating System

About This Home

As of August 2022

Great opportunity in a great area! Much sought after 2 bedroom bungalow in the downtown Ferndale area. Features large living room, dinning room, 1 st floor laundry, nice lot with with shed, upstairs bedroom with lots of storage, great potential!! SHARED DRIVEWAY

Last Agent to Sell the Property

Cal Fowler

Fowler Real Estate License #6504042531 Listed on: 04/26/2022

Last Buyer's Agent

Cal Fowler

Fowler Real Estate License #6504042531 Listed on: 04/26/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 33.00x108.00
  • Fenced

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,216 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Shed

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • The Little Farms Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2534228021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,521

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1925
  • State Equalized Value: 65640.0000
  • Entry Location: Ground Level
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1216

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved
  • Fencing: Fenced

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

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.08
  • Lot Dimensions: 33.00X108.00
  • Parcel Number: 2534228021

Tax Info

  • Tax Amount Summer: 1475.0000
  • Tax Amount Winter: 46.0000
  • Total Tax: 1521.0000
  • Taxable Value: 24840.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
Aug 2, 2022
Sold by
Hb1 Alternative Holdings Llc
Bought by
Pantely Ventures Llc
Seller's Agent
Cal Fowler
Fowler Real Estate
Buyer's Agent
Cal Fowler
Fowler Real Estate
List Price
$138,000
Sold Price
$140,000
Premium/Discount to List
$2,000
1.45%
Current Estimated Value
$209,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,012
Avg. Annual Appreciation
12.51%

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jun 15, 2022
Sold by
Federal National Mortgage Association
Bought by
Hb1 Alternative Holdings Llc
Seller's Agent
Cal Fowler
Fowler Real Estate
Buyer's Agent
Cal Fowler
Fowler Real Estate
List Price
$138,000
Sold Price
$140,000
Premium/Discount to List
$2,000
1.45%

Purchase Details

Closed on
Dec 21, 2021
Sold by
Sheriff In And For Oakland County
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 9, 2006
Sold by
Skibbe Lawrence A
Bought by
Skibbe Edward A and Skibbe Marjorie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,500
Interest Rate
6.17%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jun 4, 2003
Sold by
Skibbe Edward A and Skibbe Marjorie L
Bought by
Skibbe Edward A and Skibbe Marjorie L
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
Pantely Ventures Llc $140,000 --
Hb1 Alternative Holdings Llc -- None Listed On Document
Federal National Mortgage Association $154,000 Trott Law Pc
Skibbe Edward A -- Cardinal Title Agency
Skibbe Edward A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Skibbe Edward A $196,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2022 08/11/22 Sold $140,000 +1.4% $115 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $138,000 -- $113 / 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 $5,821 $86,690 $0 $0
2024 $5,648 $82,100 $0 $0
2023 $5,514 $78,980 $0 $0
2022 $1,651 $72,520 $0 $0
2021 $1,521 $65,640 $0 $0
2020 $1,445 $61,200 $0 $0
2019 $1,467 $54,630 $0 $0
2018 $1,471 $45,790 $0 $0
2017 $1,453 $44,450 $0 $0
2016 $1,430 $36,220 $0 $0
2015 -- $30,870 $0 $0
2014 -- $26,230 $0 $0
2011 -- $27,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Cal Fowler

    Fowler Real Estate

    (248) 589-2100

    3 in this area

    71 Total Sales

    Cal Fowler
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Map

Source: Realcomp

MLS Number: 2220030141

Realcomp

APN: 25-34-228-021

Michigan Oakland County Ferndale 48220

543 E Saratoga 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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