NOT LISTED FOR SALE

552 E Saratoga St Ferndale, MI 48220

Estimated Value: $289,000 - $393,000

4 Beds
2 Baths
1,766 Sq Ft
$190/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $337,000 $191 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,414/month

5 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Laundry Facilities

About This Home

As of August 2021

Incredible and unique investment opportunity in fabulous Ferndale! Charming 2 2-bedroom, 1 bath units with coved ceilings and arched doorways. Super close to downtown. Amazing front porch, perfect for lounging and entertaining. Beautifully updated first-floor unit. All new kitchen with subway tile, granite counters, and stainless appliances. New bathroom. Freshly painted and refinished hardwood floors. Shared basement with laundry facilities and storage. 2021- Exterior of Duplex painted, 2021- 10 windows front of duplex, 2021- Air conditioning, 2021- Sump Pump, 2020-Furnace, 2018- Roof.

Last Agent to Sell the Property

Kathy Cantor Cohn

The Agency Hall & Hunter License #6501388560 Listed on: 07/08/2021

The Agency Hall & Hunter

Last Buyer's Agent

Scott Wright

KW Metro License #RCO

KW Metro

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1922

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50.00x108.00

Home Design

  • Duplex
  • Block Foundation
  • Stucco

Interior Spaces

  • 2 Full Bathrooms
  • 1,766 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Sump Pump

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2534229056

Community Details

Overview

  • 2 Units
  • The Little Farms Sub Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,094

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex, Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 288
  • Year Built: 1922
  • State Equalized Value: 104800.0000
  • Foundation Features: Sump Pump
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1766
  • Total Sq Ft: 1766
  • Sq Ft Total Bsmt: 1091

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Stucco
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

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)
  • Laundry Facilities: Yes

Schools

  • School District: Ferndale

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 50.00X108.00
  • Parcel Number: 2534229056
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer, Trash Collection (Garbage Pickup), Water, Yard Maintenance
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 2500

Tax Info

  • Tax Amount Summer: 3022.0000
  • Tax Amount Winter: 72.0000
  • Total Tax: 3094.0000
  • Taxable Value: 38920.0000

Multi Family

  • Gross Scheduled Income: 30000.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Aug 25, 2021
Sold by
Wolf Marc M
Bought by
Warmate Tamuno Negiyeofori
Seller's Agent
Kathy Cantor Cohn
The Agency Hall & Hunter
Buyer's Agent
Scott Wright
KW Metro
List Price
$339,000
Sold Price
$337,000
Premium/Discount to List
-$2,000
-0.59%
Current Estimated Value
$335,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,750
Avg. Annual Appreciation
-0.45%
Original Mortgage
$268,000
Outstanding Balance
$246,502
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$84,498

Purchase Details

Listed on
Jul 8, 2021
Closed on
Jul 26, 2021
Sold by
Wolf William
Bought by
Wolf Marc M
Seller's Agent
Kathy Cantor Cohn
The Agency Hall & Hunter
Buyer's Agent
Scott Wright
KW Metro
List Price
$339,000
Sold Price
$337,000
Premium/Discount to List
-$2,000
-0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Outstanding Balance
$246,502
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$84,498

Purchase Details

Closed on
Nov 29, 1995
Sold by
Fein Peter B
Bought by
Wolf Marc W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
7.43%
Source: Public Records

Range of Values:

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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
Warmate Tamuno Negiyeofori $337,000 Equity Title Agency Llc
Warmate Tamuno Negiyeofori $337,000 Equity Title Agency Llc
Wolf Marc M -- Equity Title Agency Llc
Wolf Marc M -- Equity Title Agency Llc
Wolf Marc W $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warmate Tamuno Negiyeofori $268,000
Previous Owner Wolf Marc M $109,000
Previous Owner Wolf Marc M $50,000
Previous Owner Wolf Marc W $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2021 08/25/21 Sold $337,000 -0.6% $191 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $339,000 -- $192 / 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 $6,951 $139,280 $0 $0
2023 $6,754 $134,400 $0 $0
2022 $6,659 $121,910 $0 $0
2021 $3,151 $111,640 $0 $0
2020 $3,022 $104,800 $0 $0
2019 $3,042 $93,800 $0 $0
2018 $3,032 $73,200 $0 $0
2017 $2,989 $71,110 $0 $0
2016 $2,953 $57,920 $0 $0
2015 -- $49,340 $0 $0
2014 -- $41,830 $0 $0
2011 -- $46,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathy Cantor Cohn

    Seller's Agent in 2021

    Kathy Cantor Cohn

    The Agency Hall & Hunter

    (248) 561-5329

    1 in this area

    40 Total Sales

    Section Image
  • Scott Wright

    Buyer's Agent in 2021

    Scott Wright

    KW Metro

    (248) 506-6177

    11 in this area

    63 Total Sales

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Map

Source: Realcomp

MLS Number: 2210053153

Realcomp

APN: 25-34-229-056

Michigan Oakland County Ferndale 48220

552 E Saratoga St, Ferndale, MI

This home is located at 552 E Saratoga St, Ferndale, MI 48220 since 08 July 2021 and is currently estimated at $335,250, approximately $189 per square foot. This property was built in 1922. 552 E Saratoga St is a home located in Oakland County with nearby schools including Ferndale Lower Elementary Campus, Ferndale Upper Elementary Campus, and Ferndale Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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