NOT LISTED FOR SALE

545 Silman St Ferndale, MI 48220

Estimated Value: $157,000 - $265,000

2 Beds
1.5 Baths
680 Sq Ft
$309/Sq Ft Est. Value

Last Sold April 15, 2016

Last sale price $79,500 $117 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $1,414/month

16 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • 4-minute walk to Fair Park
  • No HOA
  • Forced Air Heating System

About This Home

As of April 2016

Frame exterior ranch with GFA heat, unfinished basement, 1 car garage, 2 bedrooms, 1 full baths. This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

William Adams

Adams Realty Services License #6501158021 Listed on: 02/10/2016

Last Buyer's Agent

Derek Werenka

M1 Realty, Inc License #6501321815

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 35x140.9

Parking

  • 1 Car Detached Garage

Home Design

  • 680 Sq Ft Home
  • Ranch Style House
  • Block Foundation

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • C W Harrah's Ferndale Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2535304053

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

10,019 Sq Ft Lot

Listing Details

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

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 680

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal), Water at Street
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 341304.3478
  • Lot Size Area: 0.23
  • Lot Dimensions: 35X140.9
  • Parcel Number: 2535304053

Tax Info

  • Tax Amount Summer: 2041.0000
  • Tax Amount Winter: 64.0000
  • Total Tax: 2105.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2016
Closed on
Apr 15, 2016
Sold by
Fannie Mae
Bought by
Sundberg Katherine
Seller's Agent
William Adams
Adams Realty Services
Buyer's Agent
Derek Werenka
M1 Realty, Inc
List Price
$78,500
Sold Price
$79,500
Premium/Discount to List
$1,000
1.27%
Current Estimated Value
$210,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,563
Avg. Annual Appreciation
10.32%
Original Mortgage
$77,115
Outstanding Balance
$60,763
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$149,300

Purchase Details

Closed on
Jul 7, 2015
Sold by
Chavarria Edward L
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Jun 29, 2000
Sold by
Weaver Faira H
Bought by
Chavarria Edward 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
Sundberg Katherine $79,500 Best Homes Title Agency Llc
Federal National Mortgage Association $68,400 Attorney
Chavarria Edward L $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sundberg Katherine $77,115
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2016 04/15/16 Sold $79,500 +1.3% $117 / Sq Ft
02/26/2016 02/26/16 Pending -- -- --
02/10/2016 02/10/16 For Sale $78,500 -- $115 / Sq Ft
Source: Realcomp

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 $4,024 $127,090 $0 $0
2024 $3,864 $119,630 $0 $0
2023 $3,755 $114,130 $0 $0
2022 $4,226 $101,480 $0 $0
2021 $3,799 $97,700 $0 $0
2020 $3,599 $87,760 $0 $0
2019 $3,658 $73,970 $0 $0
2018 $3,672 $66,040 $0 $0
2017 $3,679 $61,850 $0 $0
2016 $2,211 $44,120 $0 $0
2015 -- $40,130 $0 $0
2014 -- $36,100 $0 $0
2011 -- $49,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • William Adams

    Seller's Agent in 2016

    William Adams

    Adams Realty Services

    (248) 582-3300

    1 in this area

    142 Total Sales

    William Adams
    Section Image

  • D

    Buyer's Agent in 2016

    Derek Werenka

    M1 Realty, Inc

    Section Image
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Map

Source: Realcomp

MLS Number: 216013141

Realcomp

APN: 25-35-304-053

Michigan Oakland County Ferndale 48220

545 Silman St, Ferndale, MI

Not Listed for Sale

Detached

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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