NOT LISTED FOR SALE

602 Spencer St Ferndale, MI 48220

Estimated Value: $176,689 - $182,000

2 Beds
1 Bath
670 Sq Ft
$267/Sq Ft Est. Value

Highlights

  • Ranch Style House
  • No HOA
  • Ceiling Fan

About This Home

As of September 2019

Very cute 2-bedroom home with basement, hardwood floors ready for move in.

Last Agent to Rent the Property

Lyle Schaefer

NHL Real Estate License #6501256162 Listed on: 08/27/2019

Last Renter's Agent

Patrice Carey

LPT Realty, LLC License #6501381235

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,343

Year Built

  • Built in 1941

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35x110

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 670 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Hugo Scherer's Sub Subdivision

Listing and Financial Details

  • Security Deposit $1,425
  • 12 Month Lease Term
  • Assessor Parcel Number 2535351014

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,343

Year Built

Built in 1941

Lot Details

0

Rental Info

  • Lease Type: Single Family House
  • Security Deposit: 1425.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1941
  • State Equalized Value: 33700.0000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Refrigerator, Range/Stove
  • Sq Ft Combined: 670
  • Total Sq Ft: 670
  • Sq Ft Total Bsmt: 682

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 35
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Gravity
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 200.00

Schools

  • School District: Ferndale

Lot Info

  • List Price per Acre: 10555.5556
  • Lot Size Area: 0.09
  • Lot Dimensions: 35X110
  • Parcel Number: 2535351014

Multi Family

  • Length of Lease: 12 Months

Tax Info

  • Taxable Value: 22780.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2021
Sold by
Avivi Holdings Llc
Bought by
Starteo Capital Llc
Current Estimated Value
$178,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,500
Outstanding Balance
$610,659
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
-$431,737

Purchase Details

Closed on
Dec 13, 2013
Sold by
Starline Properties Llc
Bought by
Avivi Holdings Llc

Purchase Details

Closed on
Nov 14, 2012
Sold by
Bshamim Usa Llc
Bought by
Starline Properties Llc

Purchase Details

Closed on
Aug 4, 2011
Sold by
Starline Properties Llc and Ohana Ron
Bought by
Bshamim Usa Llc

Purchase Details

Closed on
Jun 29, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Starline Properties Llc

Purchase Details

Closed on
Nov 8, 2010
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
May 4, 2010
Sold by
Crosby Bradley and Crosby Cathaleen
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 22, 2001
Sold by
Quillen Fred
Bought by
Crosby Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,250
Interest Rate
6.99%

Purchase Details

Closed on
Feb 27, 1998
Sold by
Quillen June I
Bought by
Knight Philip H

Purchase Details

Closed on
Jul 24, 1997
Sold by
Richardson Mildred F
Bought by
Quillen June I
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
Starteo Capital Llc -- None Listed On Document
Avivi Holdings Llc $40,000 Greco Title Agency Llc
Starline Properties Llc $33,500 Attorneys Title Agency Llc
Bshamim Usa Llc $15,600 Attorneys Title Agency Llc
Starline Properties Llc $13,000 None Available
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank Na $92,174 None Available
Crosby Bradley $91,000 --
Knight Philip H -- --
Quillen June I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Starteo Capital Llc $665,500
Previous Owner Crosby Bradley $90,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2019 09/30/19 Rented $950 0.0% --
09/28/2019 09/28/19 Under Contract -- -- --
08/27/2019 08/27/19 For Rent $950 0.0% --
04/05/2019 04/05/19 Rented $950 0.0% --
04/05/2019 04/05/19 Under Contract -- -- --
03/21/2019 03/21/19 Price Changed $950 0.0% $1 / Sq Ft
03/21/2019 03/21/19 For Rent $950 -4.5% --
03/18/2019 03/18/19 Under Contract -- -- --
02/07/2019 02/07/19 For Rent $995 +28.4% --
04/03/2015 04/03/15 Rented $775 0.0% --
03/13/2015 03/13/15 Under Contract -- -- --
03/05/2015 03/05/15 For Rent $775 +3.3% --
04/28/2014 04/28/14 Rented $750 0.0% --
04/28/2014 04/28/14 Under Contract -- -- --
04/15/2014 04/15/14 For Rent $750 0.0% --
03/06/2013 03/06/13 Rented $750 0.0% --
03/06/2013 03/06/13 Under Contract -- -- --
02/06/2013 02/06/13 For Rent $750 -- --
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 $4,343 $66,960 $0 $0
2023 $4,197 $64,740 $0 $0
2022 $4,160 $56,640 $0 $0
2021 $1,918 $52,990 $0 $0
2020 $1,839 $47,870 $0 $0
2019 $1,851 $39,910 $0 $0
2018 $1,986 $33,700 $0 $0
2017 $1,820 $31,670 $0 $0
2016 $1,794 $26,850 $0 $0
2015 -- $24,740 $0 $0
2014 -- $21,730 $0 $0
2011 -- $32,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219088448

Realcomp

APN: 25-35-351-014