NOT LISTED FOR SALE

550 Albany St Ferndale, MI 48220

Estimated Value: $302,000 - $386,000

2 Beds
1.5 Baths
1,000 Sq Ft
$339/Sq Ft Est. Value

Last Sold September 23, 2019

Last sale price $250,000 $250 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,252/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Covered Patio or Porch
  • Programmable Thermostat
  • No HOA
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of September 2019

Absolute turn-key home in the heart of Ferndale. Only two blocks from Rosie O'Gradys and Pop's- get in the mix of all that Downtown Ferndale has to offer! While the location is paramount, this home does not lack in upgrades. The exterior has been entirely re-sided (2017), newer windows (2014), new concrete driveway and stamped wood-look walkways and patio, custom privacy fence and professional landscape envelop this charming home (2018). Inside this light-filled charmer, the hardwood floors are beautifully refinished. Beautiful architectural details remain intact- arched fireplace with built-ins, coved ceilings, 6-inch moldings. White kitchen with milk glass backsplash, granite countertops, and stainless appliances. Upstairs there are two bedrooms with extra deep closet space and updated bathroom. Additional insulation added, newer furnace (2014), new roof (2014). Move-in. Do nothing. Enjoy Ferndale! BATVAI.

Last Agent to Sell the Property

Julie Dean

DOBI Real Estate License #6501362762 Listed on: 08/21/2019

DOBI Real Estate

Last Buyer's Agent

Randy Gates

Keller Williams Lakeside License #6501322216

Keller Williams Lakeside

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1928 | Remodeled in 2014

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 48x120
  • Fenced
  • Historic Home

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,000 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

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

Community Details

  • No Home Owners Association
  • Elsinore Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2534106034

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,213

Year Built

Built in 1928 | Remodeled in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial, Historic
  • Architecture Level: 2 Story
  • Year Built: 1928
  • Year Renovated: 2014
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Disposal, Dryer, ENERGY STAR® qualified dishwasher, ENERGY STAR® qualified refrigerator, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1000
  • Total Sq Ft: 1000
  • Sq Ft Total Bsmt: 500

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Composition, Vinyl
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 48
  • Porch Type: Patio, Porch, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

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

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)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1922307.6923
  • Lot Size Area: 0.13
  • Lot Dimensions: 48X120
  • Parcel Number: 2534106034

Tax Info

  • Tax Amount Summer: 4085.0000
  • Tax Amount Winter: 128.0000
  • Total Tax: 4213.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2019
Closed on
Sep 23, 2019
Sold by
Kline Derek A and Kline Loren B
Bought by
Squires Alexandra
Seller's Agent
Julie Dean
DOBI Real Estate
Buyer's Agent
Randy Gates
Keller Williams Lakeside
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$338,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,763
Avg. Annual Appreciation
5.11%

Purchase Details

Closed on
Apr 12, 2019
Sold by
Kline Derek and Kline Loren
Bought by
Kline Derek A and Kline Loren B

Purchase Details

Closed on
Mar 25, 2014
Sold by
Abb Development Llc and Byer Air
Bought by
Kline Derek and Tacconelli Loren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,950
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2014
Sold by
Byer Ari
Bought by
Abb Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,950
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2013
Sold by
Estate Of Virginia Bunnell and Wicks Cutshall Mary
Bought by
Byer Ari

Purchase Details

Closed on
Jun 26, 2009
Sold by
Bunnell Virginia and Wicks Virginia B
Bought by
Bunnell Virginia and Wicks Cutshall Mary
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Squires Alexandra $250,000 Devon Title Agency
Kline Derek A -- None Available
Kline Derek $141,000 None Available
Abb Development Llc -- None Available
Byer Ari $69,000 First American Title Ins Co
Bunnell Virginia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kline Derek $133,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2019 09/23/19 Sold $250,000 0.0% $250 / Sq Ft
08/25/2019 08/25/19 Pending -- -- --
08/21/2019 08/21/19 For Sale $249,900 -- $250 / 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
2024 $5,695 $134,020 $0 $0
2023 $5,539 $125,240 $0 $0
2022 $5,576 $114,900 $0 $0
2021 $5,610 $104,010 $0 $0
2020 $5,311 $98,760 $0 $0
2019 $4,198 $88,300 $0 $0
2018 $4,214 $83,150 $0 $0
2017 $4,160 $80,970 $0 $0
2016 $4,113 $75,610 $0 $0
2015 -- $70,580 $0 $0
2014 -- $51,440 $0 $0
2011 -- $51,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 219085872

Realcomp

APN: 25-34-106-034