NOT LISTED FOR SALE

552 E Drayton St Ferndale, MI 48220

Estimated Value: $224,000 - $267,000

3 Beds
1 Bath
1,164 Sq Ft
$205/Sq Ft Est. Value

Last Sold August 30, 2023

Last sale price $205,000 $176 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,701/month

7 Days on Market

Highlights

  • Dutch Colonial Architecture
  • No HOA
  • Ceiling Fan

About This Home

As of August 2023

Prime Ferndale location! Charming 3 bedroom with an office or 4th bedroom! This versatile home is within walking distance to downtown Ferndale and a bike ride away from Royal Oak! An updated full bath upstairs with a new tub. Hardwood floors throughout. Huge living room with beautiful stain glass windows. Large bedroom or potential office on first floor. Updated kitchen with new granite and stainless appliances. An adjacent area off the kitchen can be used as an eating space or transformed into a convenient mudroom for added practicality. Screened-in back porch leads out to the deck for easy entertaining. New front door. Updated vinyl windows throughout. Newer washer and dryer included. The backyard includes a wooden shed, offering ample space to store lawn equipment or other belongings, awaiting your personalized touch to complete its potential. This home provides the perfect blend of charm, convenience, and potential, making it an excellent opportunity for anyone looking to embrace the vibrant lifestyle of Ferndale and the surrounding areas.

Last Agent to Sell the Property

Brad Morgan

Jim Saros Real Estate Services License #6501431354 Listed on: 08/04/2023

Jim Saros Real Estate Services

Last Buyer's Agent

Linda Solomon

Berkshire Hathaway HomeServices Kee Realty Bham License #6501230202

Berkshire Hathaway HomeServices Kee Realty Bham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1923

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 38.00 x 129.00

Home Design

  • Dutch Colonial Architecture
  • Block Foundation

Interior Spaces

  • 1,164 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Sewer in Street

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 2527402008
  • $3,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,158

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Dutch Colonial
  • Architecture Level: 2 Story
  • Assessment: 172.00
  • Year Built: 1923
  • State Equalized Value: 87360.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1164

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Radiant
  • Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
  • Water Source: Public (Municipal), Water at Street

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.11
  • Lot Dimensions: 38.00 x 129.00
  • Parcel Number: 2527402008

Tax Info

  • Tax Amount Summer: 4020.0000
  • Tax Amount Winter: 138.0000
  • Total Tax: 4158.0000
  • Taxable Value: 76310.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Aug 30, 2023
Sold by
Seaman Ian
Bought by
Caverly Ryan Douglas
Seller's Agent
Brad Morgan
Jim Saros Real Estate Services
Buyer's Agent
Linda Solomon
Berkshire Hathaway HomeServices Kee Realty Bham
List Price
$199,000
Sold Price
$205,000
Premium/Discount to List
$6,000
3.02%
Views
109
Current Estimated Value
$239,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,061
Avg. Annual Appreciation
6.85%
Original Mortgage
$184,500
Outstanding Balance
$179,933
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$59,128

Purchase Details

Listed on
Dec 26, 2018
Closed on
Apr 25, 2019
Sold by
Properties Management Group Llc
Bought by
Seaman Ian
Seller's Agent
Jennifer Seiler
@properties Christie's Int'l R.E. Royal Oak
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$149,900
Sold Price
$140,550
Premium/Discount to List
-$9,350
-6.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%

Purchase Details

Closed on
Jun 25, 2010
Sold by
Secretary Of Housing & Urban Development
Bought by
Tiger Properties Management Group Llc

Purchase Details

Closed on
Oct 22, 2009
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Apr 21, 2009
Sold by
Bucci Anthony
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 21, 2005
Sold by
Bucci Anthony L
Bought by
Garner Joseph

Purchase Details

Closed on
Sep 21, 2004
Sold by
Bucci Anthony L
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Sep 11, 2003
Sold by
Clissold Bradley G
Bought by
Bucci Anthony L

Purchase Details

Closed on
Nov 8, 2001
Sold by
Stoewsand Faye A
Bought by
Oja Dorthy T

Purchase Details

Closed on
Jul 26, 2001
Sold by
Oja Dorothy T
Bought by
Clissold Bradley G
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
Caverly Ryan Douglas $205,000 Chirco Title
Caverly Ryan Douglas $205,000 Chirco Title
Seaman Ian $140,550 None Available
Tiger Properties Management Group Llc $25,000 None Available
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank Na $162,847 None Available
Garner Joseph $160,000 Crossroads Title
Mortgage Electronic Registration Systems $142,434 --
Bucci Anthony L $139,050 Title One Inc
Oja Dorthy T -- --
Clissold Bradley G $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caverly Ryan Douglas $184,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2023 08/30/23 Sold $205,000 +3.0% $176 / Sq Ft
08/12/2023 08/12/23 Pending -- -- --
08/04/2023 08/04/23 For Sale $199,000 +41.6% $171 / Sq Ft
04/25/2019 04/25/19 Sold $140,550 -6.2% $121 / Sq Ft View Prior Sale
04/19/2019 04/19/19 Pending -- -- --
02/11/2019 02/11/19 For Sale $149,900 0.0% $129 / Sq Ft
02/01/2019 02/01/19 Pending -- -- --
12/27/2018 12/27/18 Price Changed $149,900 +7.1% $129 / Sq Ft
12/26/2018 12/26/18 For Sale $140,000 0.0% $120 / Sq Ft
06/26/2017 06/26/17 Rented $1,400 +14.3% --
06/22/2017 06/22/17 Under Contract -- -- --
06/20/2017 06/20/17 For Rent $1,225 -2.0% --
04/14/2015 04/14/15 Rented $1,250 +4.2% --
03/31/2015 03/31/15 Under Contract -- -- --
03/25/2015 03/25/15 For Rent $1,200 -- --
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 $5,418 $110,220 $0 $0
2024 $5,199 $103,740 $0 $0
2023 $4,398 $96,590 $0 $0
2022 $4,158 $87,360 $0 $0
2021 $4,184 $79,490 $0 $0
2020 $3,963 $72,860 $0 $0
2019 $1,814 $64,940 $0 $0
2018 $2,361 $55,590 $0 $0
2017 $2,327 $54,360 $0 $0
2016 $2,296 $49,670 $0 $0
2015 -- $45,460 $0 $0
2014 -- $37,820 $0 $0
2011 -- $37,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230063283

Realcomp

APN: 25-27-402-008