NOT LISTED FOR SALE

616 Academy St Ferndale, MI 48220

Estimated Value: $273,000 - $365,000

3 Beds
2 Baths
1,500 Sq Ft
$218/Sq Ft Est. Value

Last Sold May 10, 2018

Last sale price $230,000 $153 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,215/month

2 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Programmable Thermostat
  • Covered Patio or Porch
  • Shed
  • 5-minute walk to Wilson Park

About This Home

As of May 2018

Charming Bungalow with covered porch in super sought after Ferndale! Over 1500 sq ft of living space just blocks from shops and restaurants. Newer kitchen with custom cabinets and granite. Hardwood floors throughout. Character lending arched doorways. Generously sized first floor bedroom with walk in closet. Second floor master with walk in closet, custom bookshelves and flex space for den/office/FR. Extra deep, fenced backyard with pergola, patio, shed, mature trees, flower beds and a paver patio to enjoy. Lots of basement storage with full bath. Light, bright, wonderful home waiting for you to discover all it has to offer.

Last Agent to Sell the Property

Ron Rocz

Real Broker Birmingham License #6501316032 Listed on: 04/03/2018

Real Broker Birmingham

Last Buyer's Agent

Elisa Sboukis

Coldwell Banker Professionals Birm License #6501287448

Coldwell Banker Professionals Birm

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1941 | Remodeled in 2014

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x144.36x50x144.36
  • Fenced

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Asbestos

Interior Spaces

  • 1,500 Sq Ft Home
  • 1.5-Story Property
  • Awning
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • The Little Farms Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2534231020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,528

Year Built

Built in 1941 | Remodeled in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1941
  • Year Renovated: 2014
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Programmable Thermostat
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Disposal, Dryer, ENERGY STAR® qualified dishwasher, ENERGY STAR® qualified refrigerator, Freezer, Microwave, Range/Stove, Washer
  • Sq Ft Combined: 1500
  • Total Sq Ft: 1500
  • Sq Ft Total Bsmt: 955

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Asbestos
  • Exterior Features: Awning/Overhang(s), Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Patio, Porch - Covered
  • Road Frontage Type: Paved
  • Sideof Street: S

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • List Price per Acre: 1323529.4118
  • Lot Size Area: 0.17
  • Lot Dimensions: 50x144.36x50x144.36
  • Parcel Number: 2534231020

Tax Info

  • Tax Amount Summer: 2432.9900
  • Tax Amount Winter: 95.4800
  • Total Tax: 2528.4700

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2018
Closed on
May 10, 2018
Sold by
Gattshall Timothy L and Gattshall Amy M
Bought by
Nevins Sarah C
Seller's Agent
Ron Rocz
Real Broker Birmingham
Buyer's Agent
Elisa Sboukis
Coldwell Banker Professionals Birm
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%
Current Estimated Value
$327,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,300
Avg. Annual Appreciation
4.61%
Original Mortgage
$184,000
Outstanding Balance
$160,459
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$159,341

Purchase Details

Closed on
Dec 14, 2006
Sold by
Miller Robert and Miller Dawn Marie
Bought by
Gattshall Timothy L and Burzynski Amy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,700
Interest Rate
6.27%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 29, 2003
Sold by
Hollo Christopher D and Hollo Michelle
Bought by
Miller Robert and Miller Dawn Marie

Purchase Details

Closed on
May 10, 1996
Sold by
Baez Edwin
Bought by
Porter Daryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,600
Interest Rate
8.1%

Purchase Details

Closed on
Jan 23, 1996
Sold by
Gates Jack T
Bought by
Sterling Bank Tr

Purchase Details

Closed on
Apr 11, 1995
Sold by
Shrf Jack T Gates Pr
Bought by
Sterling Bank & Trust
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
Nevins Sarah C $230,000 None Available
Gattshall Timothy L $158,000 None Available
Miller Robert $144,000 Title One Inc
Porter Daryl A $48,269 --
Sterling Bank Tr $46,475 --
Sterling Bank & Trust $40,884 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nevins Sarah C $184,000
Previous Owner Gattshall Timothy L $122,500
Previous Owner Gattshall Timothy L $23,700
Previous Owner Gattshall Timothy L $126,400
Previous Owner Miller Robert $9,300
Previous Owner Porter Daryl A $38,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2018 05/10/18 Sold $230,000 +2.2% $153 / Sq Ft
04/05/2018 04/05/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $225,000 -- $150 / 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 $5,219 $125,450 $0 $0
2023 $5,075 $121,730 $0 $0
2022 $5,108 $112,460 $0 $0
2021 $5,139 $102,190 $0 $0
2020 $4,866 $97,910 $0 $0
2019 $4,947 $88,530 $0 $0
2018 $1,943 $59,320 $0 $0
2017 $2,488 $57,370 $0 $0
2016 $2,456 $46,910 $0 $0
2015 -- $40,240 $0 $0
2014 -- $34,690 $0 $0
2011 -- $41,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218027249

Realcomp

APN: 25-34-231-020