NOT LISTED FOR SALE

564 Spencer St Ferndale, MI 48220

Estimated Value: $198,000 - $229,972

3 Beds
1 Bath
910 Sq Ft
$230/Sq Ft Est. Value

Last Sold February 06, 2025

Last sale price $197,000 $216 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,515/month

2 Days on Market

Highlights

  • Bungalow
  • Forced Air Heating System
  • Asbestos

About This Home

As of February 2025

Welcome home to your little slice of heaven in the heart of Ferndale. Close to everything. This home features 3 bedrooms and 1 bath including hardwood floors throughout the main floor. Newer updated Kitchen including newer laminate flooring. The 3rd bedroom in the bungalow is on the 2nd level featuring a walk -in closet and separate seating area. Roof, furnace, hot water heater, new electrical panel are some of the updates in the last 10 years. Fenced in backyard with a rubbermaid shed offer a place for storage for all your lawnmower and outdoor furniture. Seller may need 30-45 days of occupancy after closing. Schedule your showing now this one won't last long.

Last Agent to Sell the Property

Jeffrey Garner

eXp Realty LLC in Monroe License #MCAR-6501412138 Listed on: 11/11/2024

eXp Realty LLC in Monroe

Last Buyer's Agent

Jim Shaffer

Good Company License #6502380733

Good Company

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35x110

Home Design

  • Bungalow
  • Asbestos

Interior Spaces

  • 910 Sq Ft Home
  • 1.5-Story Property
  • Basement

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Hugo Scherers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25-35-351-011

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Bungalow
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 5083
  • Year Built: 1941
  • Mail City: Ferndale
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 8 x 11
  • Bedroom 2: On Main Floor, Dimensions: 11 x 9
  • Bedroom 3: On 2nd Floor, Dimensions: 23 x 11
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Main
  • Dining Room: On Main Floor, Dimensions: 9 x 7
  • Kitchen: On Main Floor, Dimensions: 9 x 9
  • Living Room: On Main Floor, Dimensions: 14 x 12
  • Below Grade Sq Ft: 741
  • Above Grade Finished Sq Ft: 910
  • Total Finished Sq Ft: 910

Exterior Features

  • Exterior: Asbestos
  • Foundation: Basement
  • Frontage: 35
  • Frontage Type: Road

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 25-35-351-011
  • Lot Dimensions: 35x110
  • Acreage: 0.09
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2024, Amount: $4,915.00
  • Winter Tax: Year: 2023, Amount: $168.00
  • Total Tax: Amount: $5,083.00

MLS Schools

  • School District: Ferndale City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2024
Closed on
Feb 6, 2025
Sold by
Hammer Murphy Lynn and Hammer Danielle
Bought by
Raymond William and Cwiertniewicz Lyndsay
Seller's Agent
Jeffrey Garner
eXp Realty LLC in Monroe
Buyer's Agent
Jim Shaffer
Good Company
List Price
$179,900
Sold Price
$197,000
Premium/Discount to List
$17,100
9.51%
Views
35
Current Estimated Value
$209,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,243
Avg. Annual Appreciation
5.63%
Original Mortgage
$191,090
Outstanding Balance
$189,454
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$19,789

Purchase Details

Listed on
Sep 8, 2022
Closed on
Oct 20, 2022
Sold by
Soltysiak Nicholas
Bought by
Hammer Murphy Lynn and Hammer Danielle
Seller's Agent
Brooke Azimi
DOBI Real Estate
Buyer's Agent
Jeffrey Garner
Real Estate One-Monroe
List Price
$190,000
Sold Price
$190,000
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.59%
Original Mortgage
$180,500
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 2, 2017
Closed on
Oct 31, 2017
Sold by
Red Cedar Investment Group Llc
Bought by
Soltysiak Nicholas and Lang Samantha
Seller's Agent
Chris Dasaro
Coldwell Banker Professionals-GPF
Buyer's Agent
Chris Wessel
Wessel Realty
List Price
$164,900
Sold Price
$152,900
Premium/Discount to List
-$12,000
-7.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.47%
Original Mortgage
$122,320
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2015
Sold by
Heinrich Phil
Bought by
Red Cedar Investment Group Llc
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
Raymond William $197,000 Michigan Title Insurance Agenc
Hammer Murphy Lynn $190,000 --
Soltysiak Nicholas $152,900 Devon Title Agency
Red Cedar Investment Group Llc $47,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raymond William $191,090
Previous Owner Hammer Murphy Lynn $180,500
Previous Owner Soltysiak Nicholas $122,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2025 02/06/25 Sold $197,000 0.0% $216 / Sq Ft
12/12/2024 12/12/24 Off Market $197,000 -- --
11/20/2024 11/20/24 For Sale $179,900 0.0% $198 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
11/15/2024 11/15/24 For Sale $179,900 -5.3% $198 / Sq Ft
10/20/2022 10/20/22 Sold $190,000 0.0% $209 / Sq Ft View Prior Sale
09/27/2022 09/27/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $190,000 +24.3% $209 / Sq Ft
11/01/2017 11/01/17 Sold $152,900 -1.3% $168 / Sq Ft View Prior Sale
09/23/2017 09/23/17 Pending -- -- --
09/05/2017 09/05/17 Price Changed $154,900 -3.1% $170 / Sq Ft
08/22/2017 08/22/17 Price Changed $159,888 +4.6% $176 / Sq Ft
08/08/2017 08/08/17 Off Market $152,900 -- --
08/03/2017 08/03/17 For Sale $164,900 0.0% $181 / Sq Ft
08/02/2017 08/02/17 Price Changed $164,900 +6.5% $181 / Sq Ft
08/02/2017 08/02/17 For Sale $154,900 -- $170 / Sq Ft
Source: Michigan Multiple Listing Service

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 $5,122 $99,790 $0 $0
2024 $4,915 $98,260 $0 $0
2023 $4,779 $93,200 $0 $0
2022 $3,843 $83,670 $0 $0
2021 $3,866 $79,810 $0 $0
2020 $3,663 $75,330 $0 $0
2019 $3,723 $70,530 $0 $0
2018 $3,737 $64,310 $0 $0
2017 $4,360 $58,690 $0 $0
2016 $4,356 $56,100 $0 $0
2015 -- $41,610 $0 $0
2014 -- $36,310 $0 $0
2011 -- $33,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50160750

Michigan Multiple Listing Service

APN: 25-35-351-011

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