NOT LISTED FOR SALE

586 E Oakridge Ave Ferndale, MI 48220

Estimated Value: $248,531

3 Beds
1 Bath
975 Sq Ft
$255/Sq Ft Est. Value

Sale Details

Date Sold: August 31, 2012

Last sale price $100,000 $103 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $1,654 / mo

Highlights

  • Deck
  • No HOA
  • Patio
  • Farmhouse Style Home
  • 1 Car Detached Garage
  • 5-minute walk to Victory Park

About This Home

As of May 2014

One of Ferndales oldest homes has a brand new start. Built in 1919, this unique home with its turn of the century style and elegant interior, is new from top to bottom. Its spacious 975 square foot floor plan is open and inviting making it perfect for entertaining. 3 bedrooms, 1 bath, living rm., dining rm, glass tile w/granite, designer touches; all this and close to downtown Ferndale.

Last Agent to Rent the Property

Julie Thayer

Sine & Monaghan, LLC License #6501277097 Listed on: 05/14/2014

Sine & Monaghan, LLC

Last Renter's Agent

Melinda Nagler

Max Broock, REALTORS®-Bloomfield Hills License #6501334038

Max Broock, REALTORS®-Bloomfield Hills

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1919 | Remodeled in 2012

Lot Details

  • Lot Dimensions are 35x129
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Farmhouse Style Home
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 975 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Utilities

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

Community Details

  • No Home Owners Association
  • Woodward Heights Sub No 2 Ferndale Subdivision

Listing and Financial Details

  • Security Deposit $1,875
  • 12 Month Lease Term
  • Application Fee: 45.00
  • Assessor Parcel Number 2527401013

Home Details

Home Type

Single Family

Year Built

Built in 1919 | Remodeled in 2012

Lot Details

0 Sq Ft Lot

Rental Info

  • Application Fee: 45.00
  • Lease Type: Single Family House
  • Security Deposit: 1875.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Farmhouse
  • Architecture Level: 2 Story
  • Year Built: 1919
  • Year Renovated: 2012
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Range/Stove
  • Total Sq Ft: 975

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Poured
  • Porch Type: Deck, Patio
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: S

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Water at Street
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 50.00

Lot Info

  • Lot Dimensions: 35X129
  • Parcel Number: 2527401013

Multi Family

  • Length of Lease: 12 Months

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2017
Sold by
John Tyler Damon
Bought by
Burkett Alyssa
Current Estimated Value
$248,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,967
Outstanding Balance
$130,853
Interest Rate
4.08%
Estimated Equity
$116,176

Purchase Details

Listed on
Sep 1, 2012
Closed on
Aug 31, 2012
Sold by
Thayer Elaine
Bought by
Damon Ii John Tyler and Damon Kristen L
Seller's Agent
Julie Thayer
Sine & Monaghan, LLC
Buyer's Agent
Julie Thayer
Sine & Monaghan, LLC
Sold Price
$1,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$75,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2011
Sold by
Michigan Property Superstore Inc
Bought by
Thayer Elaine

Purchase Details

Closed on
Nov 28, 2011
Sold by
Kellog Timothy D and Barr Robert M
Bought by
Michigan Property Superstore Inc

Purchase Details

Closed on
Oct 14, 1998
Sold by
Barr Elmer M
Bought by
Elmer M Barr Tr
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2014 05/23/14 Rented $1,250 0.0% --
05/15/2014 05/15/14 Under Contract -- -- --
05/14/2014 05/14/14 For Rent $1,250 +8.7% --
09/07/2012 09/07/12 Rented $1,150 -4.2% --
09/07/2012 09/07/12 Under Contract -- -- --
09/01/2012 09/01/12 For Rent $1,200 0.0% --
08/31/2012 08/31/12 Sold $100,000 -4.7% $103 / Sq Ft View Prior Sale
08/29/2012 08/29/12 Pending -- -- --
07/25/2012 07/25/12 For Sale $104,900 -- $108 / Sq Ft
Source: Realcomp

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 $3,926 $107,660 $0 $0
2024 $3,811 $102,870 $0 $0
2023 $3,682 $96,360 $0 $0
2022 $3,649 $88,370 $0 $0
2021 $3,637 $71,830 $0 $0
2020 $3,482 $65,880 $0 $0
2019 $3,508 $57,720 $0 $0
2018 $3,498 $45,200 $0 $0
2017 $1,378 $36,780 $0 $0
2016 $1,746 $29,530 $0 $0
2015 -- $25,750 $0 $0
2014 -- $22,110 $0 $0
2011 -- $30,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214044718

Realcomp

APN: 25-27-401-013

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