NOT LISTED FOR SALE

596 W Marshall St Ferndale, MI 48220

Estimated Value: $340,000 - $386,483

3 Beds
2 Baths
1,631 Sq Ft
$222/Sq Ft Est. Value

Sale Details

Date Sold: May 12, 2016

Last sale price $173,000 $106 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,542 / mo

134 Days on Market

Highlights

  • Covered Patio or Porch
  • Garage
  • Laundry Facilities
  • Forced Air Heating System

About This Home

As of May 2016

Nice 1920's Multi Family Bungalow in Ferndale with Ferndale schools. The lower unit has two bedrooms, living room with natural fireplace, formal dining room, kitchen and full bath. Upper unit has 1 large bedroom, living room, dining room, eat-in space in kitchen, full bath. Both units have private entrances-front and rear. They share basement and each has their own washer and dryer owned by current tenants. The current tenant share the basement for storage, etc. There is a two car detached garage and a private rear yard. Two window air conditioners. Updates include furnace, new windows, glass block windows in basement, newer vinyl exterior, newer roof. Hardwoods in lower unit. Exclusions. BATVAI.

Last Agent to Sell the Property

Donna Barlow

Signature Sotheby's International Realty Bham License #6501323547 Listed on: 12/30/2015

Signature Sotheby's International Realty Bham

Last Buyer's Agent

Jeffrey Kucemba

New Michigan Realty License #RCO-6501387545

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 45.29x122.1

Parking

  • Garage

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,631 Sq Ft Home
  • 2-Story Property

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2534154035

Community Details

Overview

  • 2 Units
  • Elsinore Sub Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 234
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common, Unfinished, Walkout Access
  • Total Sq Ft: 1631

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl, Wood
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Porch Type: Porch, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: Garages, Paved

Utilities

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

Lot Info

  • List Price per Acre: 1519230.7692
  • Lot Size Area: 0.13
  • Lot Dimensions: 45.29X122.1
  • Parcel Number: 2534154035
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1100

Tax Info

  • Tax Amount Summer: 4990.0000
  • Tax Amount Winter: 118.0000
  • Total Tax: 5108.0000

Multi Family

  • Gross Scheduled Income: 13200.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Ferndale

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2015
Closed on
May 12, 2016
Sold by
Bought by
Seller's Agent
Donna Barlow
Signature Sotheby's International Realty Bham
Buyer's Agent
Jeffrey Kucemba
New Michigan Realty
List Price
$197,500
Sold Price
$173,000
Premium/Discount to List
-$24,500
-12.41%
Current Estimated Value
$362,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,121
Avg. Annual Appreciation
7.54%

Purchase Details

Closed on
May 31, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
8.27%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$173,000 None Available
$150,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $127,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/12/2016 05/12/16 Sold $173,000 -12.4% $106 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
12/30/2015 12/30/15 For Sale $197,500 -- $121 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,164 $179,290 $0 $0
2024 $7,076 $178,200 $0 $0
2023 $6,875 $167,410 $0 $0
2022 $6,915 $155,130 $0 $0
2021 $6,957 $145,930 $0 $0
2020 $6,591 $140,080 $0 $0
2019 $6,698 $126,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Donna Barlow

    Seller's Agent in 2016

    Donna Barlow

    Signature Sotheby's International Realty Bham

    (248) 640-0744

    70 Total Sales

    Donna Barlow
    Section Image
  • Jeffrey Kucemba

    Buyer's Agent in 2016

    Jeffrey Kucemba

    New Michigan Realty

    (248) 688-4157

    18 Total Sales

    Jeffrey Kucemba
    Section Image
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Map

Source: Realcomp

MLS Number: 215133710

Realcomp

APN: 25-34-154-035

Michigan Oakland County Ferndale 48220

596 W Marshall St, Ferndale, MI

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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