NOT LISTED FOR SALE

580 Stratford Rd Ferndale, MI 48220

Estimated Value: $188,293 - $212,000

2 Beds
1 Bath
870 Sq Ft
$233/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $155,000 $178 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,415/month

37 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • 2 Car Detached Garage
  • Ground Level Unit
  • Enclosed Patio or Porch
  • 5-minute walk to Ferndale Memorial Mall

About This Home

As of November 2021

Great Home In The Heart Of Ferndale. Home features all natural hardwood floors and sits on a double lot. Come relax on your four season front porch and relax in your open concept living room. Ready for outdoor entertainment, look no further than your own double lot backyard. Garage has ample storage for your car and all your lawn essentials. Home is walking distance to downtown Ferndale and all the new shops and restaurants on 9 mile and Livernois.

Last Agent to Sell the Property

Damon Johnson

ICON Realty Experts, LLC License #6501391648 Listed on: 10/11/2021

Last Buyer's Agent

Tyler Orr

Powell Real Estate License #6501385247

Powell Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1921

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 40.00x183.00
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 870 Sq Ft Home
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Additional Features

  • Enclosed Patio or Porch
  • Ground Level Unit

Community Details

  • No Home Owners Association
  • Harrington Woods Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2533435043

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,080

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 813.34
  • Year Built: 1921
  • State Equalized Value: 71250.0000
  • Entry Location: Ground Level
  • AgentOnly_ListPriceByAcre: 970588.2300
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Washer
  • Total Sq Ft: 870

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Aluminum
  • Exterior Features: Fenced
  • Foundation Materials: Brick/Mortar
  • Porch Type: Porch - Covered, Porch - Enclosed, Porch
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.17
  • Lot Dimensions: 40.00X183.00
  • Parcel Number: 2533435043

Tax Info

  • Tax Amount Summer: 3004.0000
  • Tax Amount Winter: 76.0000
  • Total Tax: 3080.0000
  • Taxable Value: 41760.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Nov 30, 2021
Sold by
Morgan Jonathan A
Bought by
Redman Matthew Forrest and Redman Michael John
Seller's Agent
Damon Johnson
ICON Realty Experts, LLC
Buyer's Agent
Tyler Orr
Powell Real Estate
List Price
$180,000
Sold Price
$155,000
Premium/Discount to List
-$25,000
-13.89%
Current Estimated Value
$202,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,823
Avg. Annual Appreciation
6.83%
Original Mortgage
$147,250
Outstanding Balance
$134,574
Interest Rate
3.1%
Estimated Equity
$68,249

Purchase Details

Listed on
Jul 21, 2016
Closed on
Oct 5, 2016
Sold by
Schultz Scott A and Schultz Leslie
Bought by
Morgan Jonathan A
Seller's Agent
Marnie Meagher
National Realty Centers, Inc
Buyer's Agent
Nevin Hill
Metropolitan Real Estate Group
List Price
$93,500
Sold Price
$87,600
Premium/Discount to List
-$5,900
-6.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.69%
Original Mortgage
$84,972
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2000
Sold by
Hunt Michael J
Bought by
Schultz Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,340
Interest Rate
7.91%
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
Redman Matthew Forrest $155,000 None Listed On Document
Morgan Jonathan A $87,600 None Available
Schultz Scott A $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redman Matthew Forrest $147,250
Previous Owner Morgan Jonathan A $84,972
Previous Owner Schultz Scott A $80,340
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2021 11/30/21 Sold $155,000 -6.1% $178 / Sq Ft
11/18/2021 11/18/21 Pending -- -- --
10/26/2021 10/26/21 Price Changed $165,000 -8.3% $190 / Sq Ft
10/11/2021 10/11/21 For Sale $180,000 +105.5% $207 / Sq Ft
10/05/2016 10/05/16 Sold $87,600 -1.6% $119 / Sq Ft View Prior Sale
08/29/2016 08/29/16 Pending -- -- --
08/23/2016 08/23/16 Price Changed $89,000 -4.8% $121 / Sq Ft
07/21/2016 07/21/16 For Sale $93,500 -- $127 / 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 $4,193 $91,450 $0 $0
2023 $4,185 $86,500 $0 $0
2022 $4,100 $75,190 $0 $0
2021 $3,081 $71,250 $0 $0
2020 $3,086 $62,560 $0 $0
2019 $2,351 $52,930 $0 $0
2018 $2,359 $44,040 $0 $0
2017 $2,329 $38,680 $0 $0
2016 $1,498 $29,590 $0 $0
2015 -- $27,730 $0 $0
2014 -- $24,810 $0 $0
2011 -- $33,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210085703

Realcomp

APN: 25-33-435-043