NOT LISTED FOR SALE

565 Spencer St Ferndale, MI 48220

Estimated Value: $218,000 - $231,652

3 Beds
1 Bath
952 Sq Ft
$239/Sq Ft Est. Value

Last Sold September 24, 2019

Last sale price $141,000 $148 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,570/month

46 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Awning
  • No HOA
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of September 2019

Come check out this well maintained 3 bed/1 bath ranch on a great street in Ferndale! Great for a first-time home buyer who wants to be close to major free ways, restaurants, shopping and entertainment just a short bike ride to all Ferndale has to offer.

Last Agent to Sell the Property

Nicholas Sudduth

Berkshire Hathaway HomeServices The Loft Warehouse License #6501401746 Listed on: 06/26/2019

Berkshire Hathaway HomeServices The Loft Warehouse

Last Buyer's Agent

Scott McClue

Tailored Real Estate Solutions License #RCO-6501354288

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1967

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35.00x118.00
  • Fenced

Home Design

  • Ranch Style House
  • Slab Foundation
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 952 Sq Ft Home
  • Ceiling Fan
  • Awning

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Hugo Scherer's Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2535306044
  • $2,678 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,948

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1967
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 952
  • Total Sq Ft: 952

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Vinyl
  • Exterior Features: Awning/Overhang(s), Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 40
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Electric
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1405000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 35.00X118.00
  • Parcel Number: 2535306044

Tax Info

  • Tax Amount Summer: 1892.0000
  • Tax Amount Winter: 56.0000
  • Total Tax: 1948.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2019
Closed on
Sep 24, 2019
Sold by
Shaw Emest
Bought by
Vincent Matthew D
Seller's Agent
Nicholas Sudduth
Berkshire Hathaway HomeServices The Loft Warehouse
Buyer's Agent
Scott McClue
Tailored Real Estate Solutions
List Price
$160,000
Sold Price
$141,000
Premium/Discount to List
-$19,000
-11.88%
Current Estimated Value
$227,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,413
Avg. Annual Appreciation
7.43%
Original Mortgage
$138,446
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2016
Sold by
Kroesing Catherine Mary and King Catherine M
Bought by
Shaw Ernest

Purchase Details

Closed on
Jan 20, 1997
Sold by
Kroesing Dorothy and Kroesing James
Bought by
Kroesing Dorothy and Mala Catherine
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
Vincent Matthew D $141,000 Title One Inc
Shaw Ernest $2,500 None Available
Kroesing Dorothy -- Shield Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vincent Matthew D $135,864
Closed Vincent Matthew D $138,446
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2019 09/24/19 Sold $141,000 +0.4% $148 / Sq Ft
08/11/2019 08/11/19 Pending -- -- --
08/02/2019 08/02/19 Price Changed $140,500 -6.3% $148 / Sq Ft
07/15/2019 07/15/19 Price Changed $149,900 -6.3% $157 / Sq Ft
06/26/2019 06/26/19 For Sale $160,000 -- $168 / 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 $4,082 $90,990 $0 $0
2023 $3,967 $85,860 $0 $0
2022 $3,990 $77,290 $0 $0
2021 $4,014 $74,240 $0 $0
2020 $3,803 $69,790 $0 $0
2019 $1,942 $65,280 $0 $0
2018 $1,949 $56,350 $0 $0
2017 $1,924 $55,950 $0 $0
2016 $1,896 $53,430 $0 $0
2015 -- $49,020 $0 $0
2014 -- $42,610 $0 $0
2011 -- $35,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219062405

Realcomp

APN: 25-35-306-044