NOT LISTED FOR SALE

578 Kensington Ave Ferndale, MI 48220

Estimated Value: $187,000 - $197,000

2 Beds
1 Bath
766 Sq Ft
$250/Sq Ft Est. Value

Last Sold August 23, 2012

Last sale price $22,000 $29 Per Sq Ft

Est. 771% increase in value since last sale

Current estimated payment $1,210/month

33 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of August 2012

As is. Great value on this 2 bedroom ranch in Ferndale. Great potential for a starter home, perfect for a first time home buyer! Buyer to pay $120.00 re-key fee at closing.

Last Agent to Sell the Property

Debra Thomas

Thomas Realty and Associates License #MISPE-6501324596 Listed on: 07/13/2012

Last Buyer's Agent

. Non Mls Member

NON MLS MEMBER License #MISPE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 45x108

Parking

  • 1 Car Detached Garage

Home Design

  • 766 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2533434012

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 1933.78
  • Total Tax Year: 2011
  • Year Built: 1949
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bedroom 1: On Entry Level, Dimensions: 12 x 11
  • Bedroom 2: On Entry Level, Dimensions: 10 x 9
  • Bathrooms Description: First Flr Lavatory
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Kitchen: On Entry Level, Dimensions: 8 x 7
  • Living Room: On Entry Level, Dimensions: 15 x 12
  • Above Grade Finished Sq Ft: 766
  • Total Finished Sq Ft: 766

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Sewer: Public Sanitary, Public At Street
  • Water: Public Water at Street
  • Water Heater: Gas

Lot Info

  • Assessor Parcel Number: 2533434012
  • Lot Dimensions: 45x108
  • Acreage: 0.11
  • Map Side Numeric: 30
  • Map Top Alpha: AC
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2011, Amount: $1,780.79
  • Winter Tax: Year: 2011, Amount: $152.99
  • Total Tax: Year: 2011, Amount: $1,933.78
  • SEV Year: 2011

MLS Schools

  • School District: Ferndale City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2012
Closed on
Aug 22, 2012
Sold by
Fannie Mae
Bought by
Place Donald
Seller's Agent
Debra Thomas
Thomas Realty and Associates
Buyer's Agent
. Non Mls Member
NON MLS MEMBER
List Price
$28,500
Sold Price
$22,000
Premium/Discount to List
-$6,500
-22.81%
Current Estimated Value
$191,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,712
Avg. Annual Appreciation
17.90%

Purchase Details

Closed on
Nov 4, 2011
Sold by
Bank Of America Na
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Oct 18, 2011
Sold by
Brooks Brian H and Brooks Bridget A
Bought by
Bank Of America N A

Purchase Details

Closed on
Aug 26, 2009
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 25, 2009
Sold by
Brooks Brian H and Brooks Bridget A
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Mar 9, 2004
Sold by
Brooks Brian
Bought by
Sweet Homes Llc

Purchase Details

Closed on
Oct 27, 1994
Sold by
Hart John
Bought by
Brooks John C and Brooks Georgia S
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
Fannie Mae -- None Available
Bank Of America N A $80,923 None Available
Federal National Mortgage Association -- None Available
Mortgage Electronic Registration Systems $67,372 None Available
Sweet Homes Llc -- --
Brooks John C $34,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2012 08/23/12 Sold $22,000 -22.8% $29 / Sq Ft
08/15/2012 08/15/12 Pending -- -- --
07/13/2012 07/13/12 For Sale $28,500 -- $37 / Sq Ft
Source: Michigan Multiple Listing Service

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 $1,988 $78,950 $0 $0
2023 $1,916 $73,020 $0 $0
2022 $1,894 $62,680 $0 $0
2021 $1,888 $58,260 $0 $0
2020 $1,811 $50,570 $0 $0
2019 $1,823 $42,220 $0 $0
2018 $1,818 $34,690 $0 $0
2017 $1,792 $30,740 $0 $0
2016 $1,766 $26,710 $0 $0
2015 -- $25,020 $0 $0
2014 -- $22,430 $0 $0
2011 -- $32,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31110888

Michigan Multiple Listing Service

APN: 25-33-434-012