NOT LISTED FOR SALE

550 Jewell St Ferndale, MI 48220

Estimated Value: $237,000 - $282,662

3 Beds
1 Bath
924 Sq Ft
$278/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $235,000 $254 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,811/month

18 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating and Cooling System
  • Porch

About This Home

As of December 2021

Beautiful Ferndale bungalow features a charming updated interior with, NEW: Luxury Vinyl floor, carpet, electrical, recessed lighting, bathtub, plumbing, furnace, air conditioning, hot water tank, completely repainted including basement, new cabinets, appliances, quartz countertops, lighting, closet inserts, front porch and more. Two entry-level bedrooms, Large private primary suite on the second floor with ample closet space. Full basement with laundry and plenty of room for storage. Great location within walking distance of downtown Ferndale shopping and restaurants. Welcome Home!

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 11/09/2021

Good Company

Last Buyer's Agent

Angela Fontair

The AMF Group, Inc. License #RCO-6502407830

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1943

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35.00x118.00

Home Design

  • Bungalow
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 924 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Hugo Scherer's Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2535306014

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,879

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 172
  • Year Built: 1943
  • State Equalized Value: 63390.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave
  • Sq Ft Combined: 1847
  • Sq Ft Lower Floor: 923
  • Total Sq Ft: 924
  • Sq Ft Total Bsmt: 924

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 35
  • Porch Type: Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: 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

Schools

  • School District: Ferndale

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 35.00X118.00
  • Parcel Number: 2535306014

Tax Info

  • Tax Amount Summer: 2811.0000
  • Tax Amount Winter: 68.0000
  • Total Tax: 2879.0000
  • Taxable Value: 37350.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
Dec 28, 2021
Sold by
Z Detroit Llc
Bought by
Sivec Jesse
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Angela Fontair
The AMF Group, Inc.
List Price
$239,900
Sold Price
$235,000
Premium/Discount to List
-$4,900
-2.04%
Current Estimated Value
$256,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,916
Avg. Annual Appreciation
2.45%
Original Mortgage
$211,500
Outstanding Balance
$195,719
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$61,197

Purchase Details

Listed on
Apr 9, 2021
Closed on
Apr 23, 2021
Sold by
Aucutt Virginia
Bought by
Z Detroit Llc
Seller's Agent
Christina Gennari
KW Domain
Buyer's Agent
Chad Hooks
Berkshire Hathaway HomeServices HWWB
List Price
$149,900
Sold Price
$158,000
Premium/Discount to List
$8,100
5.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
79.29%

Purchase Details

Closed on
May 30, 2013
Sold by
Aucutt Virginia and Christianson Virginia
Bought by
Aucutt Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,737
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2006
Sold by
Sigler Dean A and Sigler Shelly
Bought by
Christianson Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,600
Interest Rate
9%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 27, 1995
Sold by
Vanvancamp Darel Van
Bought by
Cook Joseph and Cook Debra L
Source: Public Records

Range of Values:

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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
Sivec Jesse $235,000 Fidelity National Title
Z Detroit Llc $158,000 Cislo Title Company
Aucutt Virginia -- None Available
Christianson Virginia $114,500 Michigan Title Insurance Age
Cook Joseph $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sivec Jesse $211,500
Closed Sivec Jesse $211,500
Previous Owner Aucutt Virginia $109,737
Previous Owner Christianson Virginia $116,000
Previous Owner Christianson Virginia $118,750
Previous Owner Christianson Virginia $91,600
Previous Owner Christianson Virginia $22,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold $235,000 -2.0% $254 / Sq Ft
11/28/2021 11/28/21 Pending -- -- --
11/09/2021 11/09/21 For Sale $239,900 +51.8% $260 / Sq Ft
04/23/2021 04/23/21 Sold $158,000 +5.4% $171 / Sq Ft
04/11/2021 04/11/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $149,900 0.0% $162 / Sq Ft
01/05/2016 01/05/16 Rented $1,000 0.0% --
12/27/2015 12/27/15 Under Contract -- -- --
12/03/2015 12/03/15 For Rent $1,000 +2.6% --
01/17/2015 01/17/15 Rented $975 -2.5% --
12/28/2014 12/28/14 Under Contract -- -- --
12/17/2014 12/17/14 For Rent $1,000 -- --
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 $5,066 $107,650 $0 $0
2023 $4,926 $102,280 $0 $0
2022 $5,381 $91,600 $0 $0
2021 $2,879 $63,390 $0 $0
2020 $2,758 $57,980 $0 $0
2019 $2,778 $53,020 $0 $0
2018 $2,770 $48,070 $0 $0
2017 $2,730 $47,690 $0 $0
2016 $2,696 $45,430 $0 $0
2015 -- $41,730 $0 $0
2014 -- $36,470 $0 $0
2011 -- $34,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210093845

Realcomp

APN: 25-35-306-014