NOT LISTED FOR SALE

546 E Drayton St Ferndale, MI 48220

Estimated Value: $237,000 - $274,986

3 Beds
1 Bath
892 Sq Ft
$289/Sq Ft Est. Value

Last Sold April 24, 2020

Last sale price $177,000 $198 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,852/month

4 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Forced Air Heating and Cooling System
  • No HOA
  • Patio
  • Ceiling Fan

About This Home

As of April 2020

Adorable brick ranch located very close to downtown Ferndale and just down the street from schools and local parks. Spacious entry living room leads to the bright kitchen with newer appliances and cute breakfast nook area with bench seating. Three beautiful bedrooms share an updated full bath with tile shower. Clean basement with laundry and plenty of room for storage. Large fenced backyard with storage shed and patio, great area for pets or entertaining. Welcome Home!

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 03/18/2020

Good Company

Last Buyer's Agent

Drew Knobloch

Quest Realty LLC License #6501392773

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1979

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35x129x35x129
  • Fenced

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 892 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Free-Standing Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Woodward Heights Sub No 2 Ferndale Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2527402007
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,874

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Warranty: Yes
  • Year Built: 1979
  • State Equalized Value: 91350.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • AgentOnly_ListPriceByAcre: 1750000.0000
  • 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, Disposal, Dryer, Microwave, Free-Standing Gas Range, Range Hood, Free-Standing Refrigerator, Washer
  • Total Sq Ft: 892

Exterior Features

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

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.10
  • Lot Dimensions: 35X129X35X129
  • Parcel Number: 2527402007

Tax Info

  • Tax Amount Summer: 3754.0000
  • Tax Amount Winter: 120.0000
  • Total Tax: 3874.0000
  • Taxable Value: 68650.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2020
Closed on
Apr 24, 2020
Sold by
Gorman Daniel J and Gorman Caroline M
Bought by
Shewmaker Joshua
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Drew Knobloch
Quest Realty LLC
List Price
$175,000
Sold Price
$177,000
Premium/Discount to List
$2,000
1.14%
Current Estimated Value
$257,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,497
Avg. Annual Appreciation
6.83%
Original Mortgage
$173,794
Outstanding Balance
$154,345
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$103,152

Purchase Details

Listed on
Nov 21, 2013
Closed on
Mar 20, 2014
Sold by
Pattison Nicholas J
Bought by
Gorman Daniel J and Darany Caroline M
Seller's Agent
John Kurczak
Keller Williams Realty Central
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$124,900
Sold Price
$115,000
Premium/Discount to List
-$9,900
-7.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%

Purchase Details

Closed on
Jan 18, 2002
Sold by
Goode Chris M
Bought by
Sternicki Paul D

Purchase Details

Closed on
Feb 5, 1986
Sold by
Saad Anthony P
Bought by
Goode Chris M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Shewmaker Joshua $177,000 Parks Title
Gorman Daniel J $115,000 Multiple
Sternicki Paul D $40,000 --
Goode Chris M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shewmaker Joshua $173,794
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2020 04/24/20 Sold $177,000 +1.1% $198 / Sq Ft
03/22/2020 03/22/20 Pending -- -- --
03/18/2020 03/18/20 For Sale $175,000 +52.2% $196 / Sq Ft
03/22/2014 03/22/14 Sold $115,000 -7.9% $128 / Sq Ft View Prior Sale
01/30/2014 01/30/14 Pending -- -- --
11/21/2013 11/21/13 For Sale $124,900 -- $139 / 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 $6,078 $129,460 $0 $0
2024 $5,831 $124,790 $0 $0
2023 $5,672 $117,290 $0 $0
2022 $5,709 $107,990 $0 $0
2021 $5,744 $102,620 $0 $0
2020 $3,811 $100,410 $0 $0
2019 $3,874 $91,350 $0 $0
2018 $3,889 $77,490 $0 $0
2017 $3,839 $76,210 $0 $0
2016 $3,795 $69,570 $0 $0
2015 -- $64,910 $0 $0
2014 -- $53,010 $0 $0
2011 -- $43,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200022164

Realcomp

APN: 25-27-402-007