NOT LISTED FOR SALE

617 E Bennette St Ferndale, MI 48220

Estimated Value: $273,000 - $326,317

3 Beds
3.5 Baths
1,559 Sq Ft
$195/Sq Ft Est. Value

Last Sold February 27, 2017

Last sale price $155,000 $99 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,198/month

83 Days on Market

Highlights

  • Deck
  • Forced Air Heating and Cooling System
  • 4 Car Garage
  • Covered Patio or Porch
  • Ceiling Fan
  • Laundry Facilities

About This Home

As of February 2017

Updated duplex in Ferndale. Upper unit has new kitchen and bath. Kitchen has stainless steel appliances, new cabinets, and new floor. whole house has new carpeting and fresh paint. main level has gas fireplace. back yard is fenced and home has 1.5 car garage. large deck off the back and front covered porch on front. parking available in garage, driveway, on the street and parking lot next door. duplex has shared basement with laundry room, 11x15 room, 1/2 bath and general use area. This is a very clean, move into and enjoy property!!. should have no problem leasing the units.

Last Agent to Sell the Property

Thomas Gammon

National Realty Centers, Inc License #6501297469 Listed on: 10/30/2016

National Realty Centers, Inc

Last Buyer's Agent

Jim Shaffer

Good Company License #RCO-6502380733

Good Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x105
  • Fenced

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,559 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Car Garage
  • On-Street Parking
  • Off-Site Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2535354035

Community Details

Overview

  • 2 Units
  • Frank Grix Sub Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,328

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1925
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Laundry Facility
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Common, Partially Finished
  • Sq Ft Combined: 2259
  • Sq Ft Lower Floor: 700
  • Total Sq Ft: 1559
  • Sq Ft Total Bsmt: 891

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Wood
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Deck, Patio, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: Garages, Off Site, On Street
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air, Separate Meter
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas, Separate Meters
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Ferndale

Lot Info

  • List Price per Acre: 1375000.0000
  • Lot Size Area: 0.12
  • Lot Dimensions: 50X105
  • Parcel Number: 2535354035
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup)
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1700

Tax Info

  • Tax Amount Summer: 3252.0000
  • Tax Amount Winter: 76.0000
  • Total Tax: 3328.0000

Multi Family

  • Gross Scheduled Income: 20400.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2016
Closed on
Feb 27, 2017
Sold by
Elvira Lou Barnes Living Trust
Bought by
Mattison Jason
Seller's Agent
Thomas Gammon
National Realty Centers, Inc
Buyer's Agent
Jim Shaffer
Good Company
List Price
$174,900
Sold Price
$155,000
Premium/Discount to List
-$19,900
-11.38%
Current Estimated Value
$303,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,829
Avg. Annual Appreciation
8.10%
Original Mortgage
$116,250
Outstanding Balance
$59,382
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$244,447

Purchase Details

Closed on
Jun 30, 2000
Sold by
Barnes Gary R
Bought by
Barnes Elvira L

Purchase Details

Closed on
Jul 27, 1995
Sold by
Travis Nedra Y
Bought by
Barnes Gary R and Barnes Elvira Barnes
Source: Public Records

Range of Values:

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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
Mattison Jason $155,000 First American Title Insuran
Barnes Elvira L -- --
Barnes Gary R $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mattison Jason $116,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2017 02/27/17 Sold $155,000 -11.4% $99 / Sq Ft
01/21/2017 01/21/17 Pending -- -- --
10/30/2016 10/30/16 For Sale $174,900 -- $112 / 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 $7,054 $129,650 $0 $0
2023 $6,813 $125,720 $0 $0
2022 $6,755 $116,980 $0 $0
2021 $6,732 $113,760 $0 $0
2020 $6,444 $111,510 $0 $0
2019 $6,491 $93,380 $0 $0
2018 $6,472 $84,000 $0 $0
2017 $3,508 $70,300 $0 $0
2016 $3,468 $56,550 $0 $0
2015 -- $49,830 $0 $0
2014 -- $43,910 $0 $0
2011 -- $56,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216105048

Realcomp

APN: 25-35-354-035