NOT LISTED FOR SALE

549 E Marshall St Unit 3 Ferndale, MI 48220

Estimated Value: $265,000 - $911,000

2 Beds
2 Baths
1,653 Sq Ft
7,144 Sq Ft Lot

Highlights

  • No HOA
  • Balcony
  • 1-Story Property
  • Stainless Steel Appliances
  • Lobby
  • 4-minute walk to Wilson Park

About This Home

As of August 2023

This is the most exciting lease opportunity seen in Ferndale in years. This 1934 historic church has been transformed into 4 totally unique apartments. All of them have been totally built out new with a chic industrial look, open floor plans and large living spaces. Large kitchens have lots of cabinetry, high end appliances, and Quartz counters. The bathrooms are all ceramic. Each unit has lots of storage, its own laundry facilities, and plenty of parking in the private, lighted parking lot. There is a tremendous amount of natural light. This unit has 2 bedrooms and 2 bathrooms (one being an ensuite) and a spacious balcony.

Last Agent to Rent the Property

James Wolfe

Century 21 Curran & Oberski License #6501204079 Listed on: 01/26/2023

Century 21 Curran & Oberski

Last Renter's Agent

James Wolfe

Century 21 Curran & Oberski License #6501204079 Listed on: 01/26/2023

Century 21 Curran & Oberski

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,880

Year Built

  • Built in 1934 | Remodeled in 2023

Lot Details

  • 7,144

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Block Foundation
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 1,653 Sq Ft Home
  • 1-Story Property
  • ENERGY STAR Qualified Windows

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • ENERGY STAR Qualified Dryer
  • ENERGY STAR Qualified Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Additional Features

  • Balcony
  • Historic Home
  • Ground Level

Listing and Financial Details

  • Security Deposit $3,525
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Assessor Parcel Number 2534278053

Community Details

Overview

  • No Home Owners Association
  • Woodward Grove Sub Ferndale Subdivision

Amenities

  • Laundry Facilities
  • Lobby

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$16,880

Year Built

Built in 1934 | Remodeled in 2023

Lot Details

0

Rental Info

  • Lease Type: Apartments
  • Security Deposit: 3525.00
  • Tenant Amenities: Laundry In-Unit

Listing Details

  • Property Type: Condominium
  • Architecture Style: Common Entry Building, Historic
  • Architecture Level: 1 Story
  • Year Built: 1934
  • Year Renovated: 2023
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Call
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: ENERGY STAR® Qualified Window(s), High Spd Internet Avail
  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: ENERGY STAR® qualified dryer, ENERGY STAR® qualified washer, ENERGY STAR® qualified dishwasher, ENERGY STAR® qualified refrigerator, Free-Standing Gas Range, Microwave, Stainless Steel Appliance(s)
  • Sq Ft Combined: 1653
  • Total Sq Ft: 1653

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Porch Type: Balcony
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: 2+ Assigned Spaces
  • MF Parking: Assigned Spaces

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • Parcel Number: 2534278053

Multi Family

  • Length of Lease: 12 Months, 13-24 Months, 25-36 Months

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2019
Sold by
India Gospel Assembly Of Detroit
Bought by
Grotto Llc
Current Estimated Value
$629,796
Source: Public Records

Range of Values:

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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
Grotto Llc $425,000 Liberty Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2023 08/30/23 Rented $2,300 -2.1% --
08/30/2023 08/30/23 Under Contract -- -- --
08/10/2023 08/10/23 Price Changed $2,350 -7.8% $1 / Sq Ft
06/29/2023 06/29/23 Price Changed $2,550 -7.3% $2 / Sq Ft
03/02/2023 03/02/23 For Rent $2,750 0.0% --
01/26/2023 01/26/23 For Rent $2,750 -- --
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 $16,880 $331,220 $0 $0
2023 $12,809 $194,630 $0 $0
2022 $8,036 $108,350 $0 $0
2021 $13,215 $185,140 $0 $0
2020 $12,677 $179,810 $0 $0
2019 $89 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230006211

Realcomp

APN: 25-34-278-053