NOT LISTED FOR SALE

557 E Saratoga St Ferndale, MI 48220

Estimated Value: $246,972 - $273,000

3 Beds
1 Bath
1,126 Sq Ft
$234/Sq Ft Est. Value

Last Sold October 09, 2023

Last sale price $239,000 $212 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,929/month

5 Days on Market

Highlights

  • Ground Level Unit
  • Bungalow
  • Ceiling Fan
  • No HOA
  • Forced Air Heating and Cooling System
  • Fenced

About This Home

As of October 2023

***FULLY FURNISHED*** This three bedroom, one bathroom bungalow includes all new appliances as well as fresh paint, refinished hardwood flooring, (new) 2nd floor carpet, updated hardware and lighting, modern furniture and finishes throughout. Situated on a quiet street just three blocks from downtown Ferndale, you'll find the comfort of a calm neighborhood to enjoy along with the convenience of numerous parks, coffee house, dining, shopping, arts and entertainment options. Relax on the large front porch overlooking a quiet, friendly neighborhood, or find comfort in a private backyard with patio and fire pit. Easy access to both I-75 and I-696 puts you in most of Metro Detroit quickly.

Last Agent to Sell the Property

Michael Courtney

First Real Estate License #6501218597 Listed on: 08/15/2023

Last Buyer's Agent

Unidentified Agent

Unidentified Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 34.00 x 108.00
  • Fenced

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,126 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

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

Community Details

  • No Home Owners Association
  • The Little Farms Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2534228023

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,123

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 1000.00
  • Year Built: 1926
  • State Equalized Value: 82300.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave
  • Sq Ft Combined: 1126
  • Total Sq Ft: 1126
  • Sq Ft Total Bsmt: 846

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 34
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 34.00 x 108.00
  • Parcel Number: 2534228023

Tax Info

  • Tax Amount Summer: 3069.0000
  • Tax Amount Winter: 54.0000
  • Total Tax: 3123.0000
  • Taxable Value: 30160.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2023
Closed on
Oct 3, 2023
Sold by
Courtney Michael
Bought by
Merolla Patrick Nicholas
Seller's Agent
Michael Courtney
First Real Estate
Buyer's Agent
Unidentified Agent
Unidentified Office
List Price
$239,000
Sold Price
$239,000
Views
189
Current Estimated Value
$262,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,993
Avg. Annual Appreciation
5.05%
Original Mortgage
$191,200
Outstanding Balance
$187,440
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$75,553

Purchase Details

Closed on
Jan 31, 2012
Sold by
Weiner Dustin Malthew and Pearlman Erin Melissa
Bought by
Courtney Michael

Purchase Details

Closed on
May 4, 2005
Sold by
Vandermeer Dirk and Vandermeer Mindy
Bought by
Weiner Dustin Matthew and Pearlman Erin Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 13, 2003
Sold by
Vandermeer James
Bought by
Vandermeer Dirk

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
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 1999
Sold by
Wozniak Diane L
Bought by
Vandermeer James P
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
Merolla Patrick Nicholas $239,000 Liberty Title
Merolla Patrick Nicholas $239,000 Liberty Title
Merolla Patrick Nicholas $239,000 Liberty Title
Courtney Michael $18,001 None Available
Weiner Dustin Matthew $146,000 Title One Inc
Vandermeer Dirk -- --
Vandermeer James P $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merolla Patrick Nicholas $191,200
Closed Merolla Patrick Nicholas $191,200
Previous Owner Weiner Dustin Matthew $116,800
Previous Owner Weiner Dustin Matthew $29,200
Previous Owner Vandermeer Dirk $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Off Market $2,800 -- --
02/09/2025 02/09/25 For Rent $2,800 +3.7% --
10/12/2024 10/12/24 For Rent $2,700 0.0% --
10/09/2023 10/09/23 Sold $239,000 0.0% $212 / Sq Ft
08/20/2023 08/20/23 Pending -- -- --
08/15/2023 08/15/23 For Sale $239,000 -- $212 / 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 $6,333 $92,410 $0 $0
2023 $3,278 $89,110 $0 $0
2022 $3,124 $82,300 $0 $0
2021 $2,288 $75,320 $0 $0
2020 $3,264 $70,630 $0 $0
2019 $2,469 $63,200 $0 $0
2018 $3,337 $54,960 $0 $0
2017 $2,539 $53,450 $0 $0
2016 $2,336 $43,500 $0 $0
2015 -- $36,990 $0 $0
2014 -- $31,230 $0 $0
2011 -- $33,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Michael Courtney

    First Real Estate

    (810) 252-6813

    4 in this area

    20 Total Sales

    Michael Courtney
    Section Image

  • U

    Buyer's Agent in 2023

    Unidentified Agent

    Unidentified Office

See All Agents

Map

Source: Realcomp

MLS Number: 20230058068

Realcomp

APN: 25-34-228-023

Michigan Oakland County Ferndale 48220

557 E Saratoga St, Ferndale, MI

This home is located at 557 E Saratoga St, Ferndale, MI 48220 since 15 August 2023 and is currently estimated at $262,993, approximately $233 per square foot. This property was built in 1926. 557 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.

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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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