D
Seller's Agent in 2020
David McCracken
Real Estate One
556 Stratford Rd Ferndale, MI 48220
Estimated Value: $203,000 - $237,000
2
Beds
2
Baths
832
Sq Ft
$269/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Covered Patio or Porch
- Forced Air Heating and Cooling System
- No HOA
- Stainless Steel Appliances
- 4-minute walk to Ferndale Memorial Mall
About This Home
As of September 2020**Back on the market, buyer got cold feet prior to inspection.** The perfect starter home or luxury investment property! This newly refinished 2 bedroom home boasts a spacious layout, freshly refinished hardwood floors, and a backyard oasis. Located steps away from downtown in the heart of Ferndale. Even closer to your doorstep is the newly built Ferndale Project brewery. Everything in the home has already been done. New furnace, hot water heater, and pex piping throughout. All work completed with the proper city permits. Generous basement and attic allow for ample storage options. Previously rented for $1,310/month. Today has a rental potential of $1,400+/month if desired. Already a certified rental with the City of Ferndale. Owner is a licensed real estate agent.
Last Agent to Sell the Property
David McCracken
Real Estate One-Troy License #6501420929 Listed on: 07/18/2020
Home Details
Home Type
- Single Family
Year Built
- Built in 1942
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 40.00x182.00
Home Design
- Ranch Style House
- Block Foundation
Interior Spaces
- 832 Sq Ft Home
- Partially Finished Basement
- Sump Pump
Kitchen
- Free-Standing Gas Range
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Additional Features
- Covered Patio or Porch
- Ground Level
Community Details
- No Home Owners Association
- Harrington Woods Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 2533435017
- $5,100 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 18, 2020
Closed on
Sep 8, 2020
Sold by
Mccracken David W
Bought by
Dove Anthony
Seller's Agent
David McCracken
Real Estate One-Troy
Buyer's Agent
David McCracken
Real Estate One-Troy
List Price
$134,900
Sold Price
$170,000
Premium/Discount to List
$35,100
26.02%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,174
Avg. Annual Appreciation
5.37%
Original Mortgage
$161,500
Outstanding Balance
$142,063
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$82,111
Purchase Details
Closed on
Jan 3, 2018
Sold by
Strimatter John
Bought by
Mccracken David W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 27, 2013
Closed on
Nov 19, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Stritmatter John
Seller's Agent
Marcus Smith
Royce Kennedy Realty
Buyer's Agent
Patricia Bean
Coldwell Banker Town & Country
List Price
$45,000
Sold Price
$40,110
Premium/Discount to List
-$4,890
-10.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.28%
Purchase Details
Closed on
Oct 31, 2012
Sold by
Bank Of America Na
Bought by
Secretary Of Housing & Urban Development
Purchase Details
Closed on
Oct 23, 2012
Sold by
Franchell Per and Franchell Lara
Bought by
Bank Of America Na
Purchase Details
Closed on
Apr 2, 2003
Sold by
Zimberg Jerome and Zimberg Susan
Bought by
Franchell Per and Franchell Lara
Purchase Details
Closed on
Nov 21, 2002
Sold by
Ochoa Graciano Carlotta and Ryjer Rachel
Bought by
Zimberg Jerome
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dove Anthony | $170,000 | None Available | |
| Mccracken David W | $105,000 | Sterling Title Agency | |
| Stritmatter John | $40,110 | Cislo Title Company | |
| Secretary Of Housing & Urban Development | -- | None Available | |
| Bank Of America Na | $98,747 | None Available | |
| Franchell Per | $89,700 | Great Lakes Title Of Michiga | |
| Zimberg Jerome | $45,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dove Anthony | $161,500 | |
| Previous Owner | Mccracken David W | $84,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/08/2020 09/08/20 | Sold | $170,000 | +26.0% | $204 / Sq Ft | |
| 07/27/2020 07/27/20 | Pending | -- | -- | -- | |
| 07/24/2020 07/24/20 | For Sale | $134,900 | 0.0% | $162 / Sq Ft | |
| 07/21/2020 07/21/20 | Pending | -- | -- | -- | |
| 07/18/2020 07/18/20 | For Sale | $134,900 | +236.3% | $162 / Sq Ft | |
| 11/21/2013 11/21/13 | Sold | $40,110 | -10.9% | $48 / Sq Ft | View Prior Sale |
| 10/11/2013 10/11/13 | Pending | -- | -- | -- | |
| 06/27/2013 06/27/13 | For Sale | $45,000 | -- | $54 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $4,779 | $103,260 | $0 | $0 |
| 2024 | $4,372 | $96,950 | $0 | $0 |
| 2023 | $4,250 | $92,180 | $0 | $0 |
| 2022 | $4,275 | $80,080 | $0 | $0 |
| 2021 | $5,683 | $76,040 | $0 | $0 |
| 2020 | $4,235 | $67,130 | $0 | $0 |
| 2019 | $4,267 | $56,800 | $0 | $0 |
| 2018 | $1,553 | $47,440 | $0 | $0 |
| 2017 | $1,533 | $41,580 | $0 | $0 |
| 2016 | $1,509 | $35,990 | $0 | $0 |
| 2015 | -- | $26,640 | $0 | $0 |
| 2014 | -- | $23,780 | $0 | $0 |
| 2011 | -- | $34,050 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
M
Seller's Agent in 2013
Marcus Smith
Royce Kennedy Realty
-
Patricia Bean
Buyer's Agent in 2013
Patricia Bean
Coldwell Banker Town & Country
(810) 227-1111
4 Total Sales
Map
Source: Realcomp
MLS Number: 2200056034
APN: 25-33-435-017
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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