NOT LISTED FOR SALE

554 Pearson St Ferndale, MI 48220

Estimated Value: $227,799 - $279,000

2 Beds
1 Bath
800 Sq Ft
$323/Sq Ft Est. Value

Last Sold April 01, 2016

Last sale price $138,000 $172 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,680/month

110 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Humidifier
  • No HOA
  • Porch
  • Forced Air Heating System

About This Home

As of April 2016

Just Blocks from Downtown - Filled with Charm, Character & Updates! Huge Inviting Covered Front Porch, Beautiful Hardwood Floors plus Natural Woodwork, Formal Dining Room, Spacious Updated Kitchen with Appliances, Full Basement, Fenced Yard and Large 2 Car Garage.
Updates: Thermal Windows, Plumbing, Electrical, Glass Block Basement Windows, New Garage Doors plus New Roofs on House and Garage 2016

Last Agent to Sell the Property

Judy Palmer

RE/MAX Showcase Homes License #6502118318 Listed on: 10/30/2015

RE/MAX Showcase Homes

Last Buyer's Agent

Judy Palmer

RE/MAX Showcase Homes License #6502118318 Listed on: 10/30/2015

RE/MAX Showcase Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x122
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 800 Sq Ft Home
  • Ceiling Fan
  • Disposal
  • Dryer
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Humidifier
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Elsinore Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2534110039
  • $2,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,462

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 138
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Humidifier
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Disposal, Dryer, Refrigerator, Range/Stove
  • Total Sq Ft: 800

Exterior Features

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

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 1271363.6364
  • Lot Size Area: 0.11
  • Lot Dimensions: 40X122
  • Parcel Number: 2534110039

Tax Info

  • Tax Amount Summer: 2406.0000
  • Tax Amount Winter: 56.0000
  • Total Tax: 2462.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2015
Closed on
Apr 1, 2016
Sold by
Minando Gerald A and Minando Dennis M
Bought by
Goodman Tyler
Seller's Agent
Judy Palmer
RE/MAX Showcase Homes
Buyer's Agent
Judy Palmer
RE/MAX Showcase Homes
List Price
$145,400
Sold Price
$138,000
Premium/Discount to List
-$7,400
-5.09%
Current Estimated Value
$258,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,450
Avg. Annual Appreciation
6.60%
Original Mortgage
$124,200
Outstanding Balance
$97,731
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$160,719
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Goodman Tyler $138,000 Partners Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goodman Tyler $124,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2016 04/01/16 Sold $138,000 -5.1% $173 / Sq Ft
02/17/2016 02/17/16 Pending -- -- --
10/30/2015 10/30/15 For Sale $145,400 -- $182 / 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 $4,101 $113,160 $0 $0
2024 $3,937 $107,900 $0 $0
2023 $3,826 $100,890 $0 $0
2022 $3,848 $92,540 $0 $0
2021 $3,872 $83,130 $0 $0
2020 $3,668 $76,870 $0 $0
2019 $3,727 $69,650 $0 $0
2018 $3,742 $64,400 $0 $0
2017 $3,695 $63,100 $0 $0
2016 $1,969 $51,140 $0 $0
2015 -- $44,350 $0 $0
2014 -- $38,810 $0 $0
2011 -- $44,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Judy Palmer

    Seller's Agent in 2016

    Judy Palmer

    RE/MAX

    (248) 568-0338

    22 in this area

    92 Total Sales

    Judy Palmer
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Map

Source: Realcomp

MLS Number: 215117666

Realcomp

APN: 25-34-110-039

Michigan Oakland County Ferndale 48220

554 Pearson St, Ferndale, MI

Not Listed for Sale

Detached

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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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