$225,000
SOLD SEP 10, 2024

560 Albany St Ferndale, MI 48220

4 Beds
2 Baths
1,371 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$164 Per Sq Ft

Highlights

  • Deck
  • Covered patio or porch
  • Bungalow
  • No HOA
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of April 2025

LSSD. INVESTOR SPECIAL! 4 bedrooms, 2 full bathrooms, basement, garage, and all the character and charm of the 1920's! Furnace went out and pipe burst. Seller has repaired all of the broken plumbing and furnace - please see invoices in docs. Currently there is plaster damage in one of the 1st floor bedrooms and tile in 2nd floor bathroom needs to be completed. Overall the house needs a good cleaning and cosmetic updating - not bad at all! Please research comparable sales, this is a great opportunity. Beautiful natural fireplace in living room and original hardwood flooring throughout most of home. Large primary bedroom includes additional space that could be used as a home office or reading area. Door off kitchen leads to deck. This is a perfect Ferndale project! BATVAI. D

Last Agent to Sell the Property

James Orr

RE/MAX First License #6501360148 Listed on: 08/19/2024

RE/MAX First

Last Buyer's Agent

Victor Diaz

Golden Key Realty Group LLC License #6501381248

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1928

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50.00 x 120.00
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,371 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Free-Standing Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered patio or porch

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Tennyson Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2534106033

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,775

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 183.00
  • Year Built: 1928
  • State Equalized Value: 135890.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Free-Standing Gas Oven, Free-Standing Refrigerator, Microwave
  • Sq Ft Combined: 1371
  • Total Sq Ft: 1371
  • Sq Ft Total Bsmt: 914

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Porch - Covered, Deck, Porch, Covered
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

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)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • Lot Size Area: 0.14
  • Lot Dimensions: 50.00 x 120.00
  • Parcel Number: 2534106033

Tax Info

  • Tax Amount Summer: 4655.0000
  • Tax Amount Winter: 120.0000
  • Total Tax: 4775.0000
  • Taxable Value: 66250.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2025
Closed on
Apr 30, 2025
Sold by
Dbb Building Acquistions Llc
Bought by
Vollmer Ralf
Seller's Agent
Chris Deighton
EXP Realty Main
Buyer's Agent
Birgit Maun
Keller Williams Advantage
List Price
$425,000
Sold Price
$425,000
Views
62

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-54.90%
Original Mortgage
$361,250
Outstanding Balance
$361,250
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
-$4,541

Purchase Details

Listed on
Aug 19, 2024
Closed on
Sep 10, 2024
Sold by
Steinberg Michael
Bought by
Dbb Building Acquisitions Llc
Seller's Agent
James Orr
RE/MAX First
Buyer's Agent
Victor Diaz
Golden Key Realty Group LLC
List Price
$225,000
Sold Price
$225,000
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
170.13%
Original Mortgage
$240,000
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2024
Closed on
Jul 12, 2024
Sold by
Steinberg Michael
Bought by
Steinberg Michael and Fraser Danielle Erin
Seller's Agent
James Orr
RE/MAX First
Buyer's Agent
Victor Diaz
Golden Key Realty Group LLC
List Price
$225,000
Sold Price
$225,000
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2003
Sold by
Sheils Jennifer L and Swanson Kirk A
Bought by
Steinberg Michael L and Steinberg Jerome J

Purchase Details

Closed on
Feb 21, 1997
Sold by
Benton Amy S
Bought by
Swanson Kirk A

Purchase Details

Closed on
Oct 14, 1994
Sold by
Furgala Jacqueline
Bought by
Benton Amy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
8.53%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $425,000 First American Title
Warranty Deed $225,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Personal Reps Deed -- None Listed On Document
Warranty Deed $172,500 Devon Title Agency
Deed $98,000 --
Deed $64,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $361,250 New Conventional
Closed $361,250 New Conventional
Previous Owner $240,000 New Conventional
Previous Owner $171,632 FHA
Previous Owner $64,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Sold $425,000 0.0% $310 / Sq Ft
04/02/2025 04/02/25 Pending -- -- --
03/26/2025 03/26/25 For Sale $425,000 0.0% $310 / Sq Ft
03/08/2025 03/08/25 Pending -- -- --
02/20/2025 02/20/25 For Sale $425,000 +88.9% $310 / Sq Ft
09/10/2024 09/10/24 Sold $225,000 0.0% $164 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
08/19/2024 08/19/24 For Sale $225,000 -- $164 / 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 $4,816 $147,070 $0 $0
2023 $4,655 $135,890 $0 $0
2022 $4,615 $123,270 $0 $0
2021 $4,600 $110,480 $0 $0
2020 $4,402 $103,830 $0 $0
2019 $4,435 $91,550 $0 $0
2018 $4,423 $81,610 $0 $0
2017 $4,358 $79,630 $0 $0
2016 $4,309 $74,470 $0 $0
2015 -- $69,720 $0 $0
2014 -- $59,960 $0 $0
2011 -- $58,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240056968

Realcomp

APN: 25-34-106-033