NOT LISTED FOR SALE

551 E Drayton St Ferndale, MI 48220

Estimated Value: $255,000 - $287,000

3 Beds
1 Bath
1,195 Sq Ft
$231/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $251,000 $210 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,935/month

3 Days on Market

Highlights

  • Ranch Style House
  • Stainless Steel Appliances
  • Patio
  • No HOA
  • 1.5 Car Detached Garage
  • Forced Air Heating System

About This Home

As of March 2022

Spectacular combination of old meets new in this beautifully remodeled home with all of the updates that you want and preserving the vintage charm that should be left. This home is on a tree lined street and easily walkable to downtown. New kitchen and bathroom in a style that is modern yet compliments the architecture and style of the home. The kitchen features white cabinets, white subway backsplash tile and beautiful stone counters. All brand new stainless appliances stay for the next lucky owner. Great hardwood floors and wood trim throughout house with beautiful wood built-ins and doors. The enclosed front porch is the perfect space for almost any season, and the private back yard just the right size to enjoy. Newer roof, updated electrical, furnace, and copper plumbing. This home is move in ready!

Last Agent to Sell the Property

Thomas Styf

RE/MAX Complete License #6502357851 Listed on: 02/10/2022

RE/MAX Complete

Last Buyer's Agent

Donna Sanford

Brookstone, Realtors LLC License #6501365621

Brookstone, Realtors LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1925 | Remodeled in 2021

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35x129
  • Fenced

Parking

  • 1.5 Car Detached Garage

Home Design

  • 1,195 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Kitchen

  • Free-Standing Gas Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Ground Level

Utilities

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

Additional Features

  • Unfinished Basement

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 2527401024

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,335

Year Built

Built in 1925 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 172
  • Year Built: 1925
  • State Equalized Value: 76450.0000
  • Year Renovated: 2021
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Range Hood, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 1195
  • Total Sq Ft: 1195
  • Sq Ft Total Bsmt: 900

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Vinyl
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 35
  • Porch Type: Patio
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 1.5 Car
  • Garage Features: Electricity, Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 35X129
  • Parcel Number: 2527401024

Tax Info

  • Tax Amount Summer: 2281.0000
  • Tax Amount Winter: 54.0000
  • Total Tax: 2335.0000
  • Taxable Value: 29860.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Mar 4, 2022
Sold by
Man Properties Llc
Bought by
Pardy Lauren
Seller's Agent
Thomas Styf
RE/MAX Complete
Buyer's Agent
Donna Sanford
Brookstone, Realtors LLC
List Price
$239,900
Sold Price
$251,000
Premium/Discount to List
$11,100
4.63%
Current Estimated Value
$276,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,275
Avg. Annual Appreciation
2.71%

Purchase Details

Closed on
Jan 30, 2015
Sold by
551 E Drayton Llc
Bought by
Man Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
3.85%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 17, 2009
Sold by
Nehra Andrew and Man Properties Llc
Bought by
551 E Drayton Llc

Purchase Details

Closed on
Jun 3, 2008
Sold by
Smock David A and Smock Cristina
Bought by
Equicredit

Purchase Details

Closed on
Mar 17, 2000
Sold by
Granader Brian
Bought by
Smock David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,250
Interest Rate
8.31%

Purchase Details

Closed on
Mar 22, 1996
Sold by
Renovation Corporation
Bought by
Granader Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.44%
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
Pardy Lauren $251,000 Liberty Title
Man Properties Llc -- Hbi Title Services Inc
551 E Drayton Llc -- None Available
Equicredit $128,674 None Available
Smock David A $105,575 --
Granader Brian $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Man Properties Llc $468,000
Previous Owner Smock David A $100,250
Previous Owner Granader Brian $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2022 03/04/22 Sold $251,000 +4.6% $210 / Sq Ft
02/14/2022 02/14/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $239,900 0.0% $201 / Sq Ft
10/28/2016 10/28/16 Rented $1,350 0.0% --
09/26/2016 09/26/16 For Rent $1,350 +35.0% --
04/04/2013 04/04/13 Rented $1,000 0.0% --
03/17/2013 03/17/13 Under Contract -- -- --
03/04/2013 03/04/13 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 $5,572 $113,060 $0 $0
2023 $5,419 $106,180 $0 $0
2022 $1,783 $83,650 $0 $0
2021 $2,336 $76,450 $0 $0
2020 $2,238 $70,520 $0 $0
2019 $2,255 $62,960 $0 $0
2018 $2,248 $52,350 $0 $0
2017 $2,216 $51,240 $0 $0
2016 $2,186 $46,870 $0 $0
2015 -- $42,950 $0 $0
2014 -- $35,790 $0 $0
2011 -- $39,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220008532

Realcomp

APN: 25-27-401-024