NOT LISTED FOR SALE

574 Withington St Ferndale, MI 48220

Estimated Value: $394,305 - $420,000

4 Beds
2 Baths
1,669 Sq Ft
$242/Sq Ft Est. Value

Last Sold January 04, 2016

Last sale price $210,000 $126 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,632/month

77 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • Garage
  • Porch
  • Ceiling Fan
  • Laundry Facilities

About This Home

As of January 2016

TERRIFIC INVESTMENT OPPORTUNITY AWAITS YOU WITH THIS IMMACULATELY MAINTAINED DUPLEX, LOCATED IN NORTHWEST FERNDALE, WITHIN CONVENIENT WALKING DISTANCE TO DOWNTOWN FERNDALE NIGHTLIFE. MAIN FLOOR FEATURES: DECORATIVE FIREPLACE WITH BUILT-IN SHELVING; UPDATED BATHROOM; RECENTLY REFINISHED HARDWOOD FLOORS; AND BAY WINDOW IN DINING ROOM. EACH UNIT HAS 2 BEDROOMS. NEW ROOF IN 2013 & VINYL SIDING IN 2014. UPDATED ELECTRICAL CIRCUIT BOX FOR UPPER UNIT. WALLSIDE VINYL WINDOWS INSTALLED APPROXIMATELY 10 YEARS AGO. 4-5 DESIGNATED OFF STREET PARKING SPACES AVAILABLE & TWO CAR GARAGE WITH SEPARATE DOORS. SHARED LAUNDRY ACCESS IN BASEMENT. RENTAL CERTIFICATION REGISTERED WITH THE CITY OF FERNDALE.

Last Agent to Sell the Property

Robert Campbell

Max Broock, REALTORS®-Birmingham License #6501304530 Listed on: 09/04/2015

Max Broock, REALTORS®-Birmingham

Last Buyer's Agent

Jeffrey Edwards

Soaring Eagle Realty License #RCO-6502397079

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x50x143x143

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,669 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Parking

  • Garage
  • Lighted Parking
  • Unassigned Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2527354023

Community Details

Overview

  • 2 Units
  • Woodward Heights Sub Ferndale Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,637

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common
  • Total Sq Ft: 1669

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Block
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages, Lighted, Unassigned/General

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Forced Air, Separate Meters
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 1356250.0000
  • Lot Size Area: 0.16
  • Lot Dimensions: 50X50X143X143
  • Parcel Number: 2527354023
  • Zone Conform: Yes
  • Zoning: Residential

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Snow Removal, Yard Maintenance
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1500

Tax Info

  • Tax Amount Summer: 4531.0000
  • Tax Amount Winter: 106.0000
  • Total Tax: 4637.0000

Multi Family

  • Gross Scheduled Income: 18000.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2015
Closed on
Jan 4, 2016
Sold by
Eleanor J Mielke Irrevocable Trust
Bought by
Deneweth Benjamin
Seller's Agent
Robert Campbell
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Jeffrey Edwards
Soaring Eagle Realty
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%
Current Estimated Value
$404,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,576
Avg. Annual Appreciation
6.91%

Purchase Details

Closed on
Apr 27, 2011
Sold by
Dekeyser Jean E
Bought by
Mielke Eleanor J

Purchase Details

Closed on
Jul 16, 2010
Sold by
Mielke Eleanor J and Mielke John W
Bought by
Eleanor J Mielke Sole Benefit Trust

Purchase Details

Closed on
May 26, 2004
Sold by
Mielke John W and Mielke Eleanor J
Bought by
The Mielke Family Trust

Purchase Details

Closed on
Aug 22, 2001
Sold by
Mielke John W
Bought by
Mielke John W

Purchase Details

Closed on
Apr 21, 1998
Sold by
Mielke John W
Bought by
Mielke Trust

Purchase Details

Closed on
May 20, 1996
Sold by
Mieklke Trust
Bought by
Mielke John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.99%
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
Deneweth Benjamin $210,000 None Available
Dekeyser Jean E -- None Available
Mielke Eleanor J -- None Available
Dekeyser Jean E -- None Available
Eleanor J Mielke Sole Benefit Trust -- None Available
The Mielke Family Trust -- First American Title
Mielke John W -- --
Mielke Trust -- --
Mielke John W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mielke John W $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2016 01/04/16 Sold $210,000 -6.7% $126 / Sq Ft
11/20/2015 11/20/15 Pending -- -- --
09/04/2015 09/04/15 For Sale $225,000 -- $135 / 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 $6,116 $160,830 $0 $0
2023 $5,940 $154,180 $0 $0
2022 $5,972 $139,730 $0 $0
2021 $6,008 $128,320 $0 $0
2020 $5,694 $126,590 $0 $0
2019 $5,786 $123,350 $0 $0
2018 $5,806 $99,530 $0 $0
2017 $5,847 $99,540 $0 $0
2016 $3,690 $91,720 $0 $0
2015 -- $90,860 $0 $0
2014 -- $69,640 $0 $0
2011 -- $58,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Campbell

    Seller's Agent in 2016

    Robert Campbell

    Max Broock, REALTORS®-Birmingham

    (248) 901-0297

    17 in this area

    178 Total Sales

    Robert Campbell
    Section Image
  • Jeffrey Edwards

    Buyer's Agent in 2016

    Jeffrey Edwards

    Soaring Eagle Realty

    (248) 270-2740

    1 in this area

    32 Total Sales

    Jeffrey Edwards
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 215096531

Realcomp

APN: 25-27-354-023

Michigan Oakland County Ferndale 48220

574 Withington St, Ferndale, MI

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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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