NOT LISTED FOR SALE

550 E Marshall St Ferndale, MI 48220

Estimated Value: $255,740 - $340,000

3 Beds
2 Baths
1,186 Sq Ft
$243/Sq Ft Est. Value

Last Sold December 31, 2019

Last sale price $195,000 $164 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,114/month

Highlights

  • Ground Level Unit
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • No HOA
  • Bungalow
  • 5-minute walk to Wilson Park

About This Home

As of August 2024

This is a totally updated bungalow with 3 bedrooms and 2 full bathrooms. The primary bedroom on the second floor is huge and has room for office space or a sitting room and has a large walk-in closet and a large bathroom. The basement is large and has been water-proofed so it is bone dry. All appliances are newer. There is a large covered front porch and a smaller covered back porch. No pets.

Last Agent to Rent the Property

James Wolfe

Century 21 Curran & Oberski License #6501204079 Listed on: 07/10/2024

Century 21 Curran & Oberski

Last Renter's Agent

James Wolfe

Century 21 Curran & Oberski License #6501204079 Listed on: 07/10/2024

Century 21 Curran & Oberski

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923 | Remodeled in 2018

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 45.00 x 126.00
  • Back Yard Fenced

Parking

  • On-Street Parking

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,186 Sq Ft Home
  • 1.5-Story Property
  • Free-Standing Gas Range
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Ground Level Unit

Community Details

  • No Home Owners Association
  • Woodward Grove Sub Ferndale Subdivision

Listing and Financial Details

  • Security Deposit $2,550
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Assessor Parcel Number 2534279046

Home Details

Home Type

Single Family

Year Built

Built in 1923 | Remodeled in 2018

Lot Details

0

Rental Info

  • Lease Type: Single Family House
  • Security Deposit: 2550.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1923
  • Year Renovated: 2018
  • Entry Location: Ground Level
  • Pets Allowed: No
  • AgentOnly_ListPriceByAcre: 13076.9200
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Washer
  • Total Sq Ft: 1186

Exterior Features

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

Garage/Parking

  • Garage Size: No Garage
  • MF Parking: On Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.13
  • Lot Dimensions: 45.00 x 126.00
  • Parcel Number: 2534279046

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

Listed on
Nov 6, 2019
Closed on
Jan 29, 2020
Sold by
Foltz David
Bought by
550 E Marshall Llc
Seller's Agent
Jeff Glover
KW Professionals
Buyer's Agent
James Wolfe
Century 21 Curran & Oberski
List Price
$219,900
Sold Price
$195,000
Premium/Discount to List
-$24,900
-11.32%
Current Estimated Value
$288,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,185
Avg. Annual Appreciation
6.68%

Purchase Details

Listed on
Nov 6, 2019
Closed on
Dec 30, 2019
Sold by
Triple J Hospitality Llc
Bought by
Foltz David G
Seller's Agent
Jeff Glover
KW Professionals
Buyer's Agent
James Wolfe
Century 21 Curran & Oberski
List Price
$219,900
Sold Price
$195,000
Premium/Discount to List
-$24,900
-11.32%

Purchase Details

Closed on
Jun 4, 2014
Sold by
Jpmorgan Chase Bank National Association
Bought by
Triple J Hospitality Llc

Purchase Details

Closed on
Apr 30, 2013
Sold by
Mcdonald John Burton
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Aug 12, 1998
Sold by
Mcdonald John Burton
Bought by
Jack L Coons Tr

Purchase Details

Closed on
Oct 27, 1995
Sold by
Mcdonald Rose A
Bought by
Mcdonald John Burton
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
550 E Marshall Llc -- None Available
Foltz David G $195,000 None Available
Triple J Hospitality Llc $46,500 E Title
Jpmorgan Chase Bank National Association $32,950 None Available
Jack L Coons Tr -- --
Mcdonald John Burton -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2024 08/24/24 Rented $1,700 0.0% --
08/24/2024 08/24/24 Under Contract -- -- --
08/01/2024 08/01/24 For Rent $1,700 0.0% --
07/18/2024 07/18/24 Under Contract -- -- --
07/10/2024 07/10/24 For Rent $1,700 +6.3% --
04/14/2021 04/14/21 Rented $1,600 0.0% --
03/30/2021 03/30/21 Under Contract -- -- --
03/26/2021 03/26/21 For Rent $1,600 0.0% --
12/31/2019 12/31/19 Sold $195,000 -11.3% $164 / Sq Ft View Prior Sale
12/27/2019 12/27/19 Pending -- -- --
12/03/2019 12/03/19 For Sale $219,900 0.0% $185 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
11/06/2019 11/06/19 For Sale $219,900 -- $185 / 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 $7,278 $117,850 $0 $0
2024 $7,060 $112,530 $0 $0
2023 $6,828 $109,440 $0 $0
2022 $7,265 $101,460 $0 $0
2021 $6,752 $92,720 $0 $0
2020 $6,458 $89,530 $0 $0
2019 $4,123 $81,140 $0 $0
2018 $2,558 $44,230 $0 $0
2017 $2,207 $38,780 $0 $0
2016 $2,804 $31,660 $0 $0
2015 -- $27,220 $0 $0
2014 -- $33,260 $0 $0
2011 -- $36,810 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240048961

Realcomp

APN: 25-34-279-046