NOT LISTED FOR SALE

631 Pearson St Ferndale, MI 48220

Estimated Value: $320,000 - $345,000

3 Beds
1 Bath
1,329 Sq Ft
$252/Sq Ft Est. Value

Last Sold October 18, 2018

Last sale price $222,000 $167 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,278/month

36 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating and Cooling System
  • 1 Car Detached Garage
  • Programmable Thermostat
  • Ceiling Fan

About This Home

As of October 2018

Absolutely charming and beautifully updated brick bungalow in downtown Ferndale location features plaster and stucco walls, hardwood floors, lovely archways and moldings. . . and offers a fabulous blending of older quality and details combined with an awesome updated granite kitchen with stone backsplash and stainless appliances and updated full bath. Additional updates include vinyl windows, partially finished lower level, lovely paver front walkway and paver patio. 1 year home warranty included. Must See!!

Last Agent to Sell the Property

Rebecca Meisner

The Agency Hall & Hunter License #6501221115 Listed on: 08/20/2018

The Agency Hall & Hunter

Last Buyer's Agent

Yianni Stathis

RE/Solutions of Michigan LLC License #6502365763

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 45.29x122
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,329 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Washer
  • Partially Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Exterior Lighting

Utilities

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

Community Details

  • No Home Owners Association
  • Elsinore Sub Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2534152013
  • $6,660 Seller Concession

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Warranty: Yes
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 1329

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1691538.4615
  • Lot Size Area: 0.13
  • Lot Dimensions: 45.29X122
  • Parcel Number: 2534152013

Tax Info

  • Tax Amount Summer: 5639.0000
  • Tax Amount Winter: 132.0000
  • Total Tax: 5771.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2018
Closed on
Oct 18, 2018
Sold by
Light Lesh G
Bought by
Ollila Katherine
Seller's Agent
Rebecca Meisner
The Agency Hall & Hunter
Buyer's Agent
Yianni Stathis
RE/Solutions of Michigan LLC
List Price
$235,900
Sold Price
$222,000
Premium/Discount to List
-$13,900
-5.89%
Current Estimated Value
$334,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,270
Avg. Annual Appreciation
5.79%
Original Mortgage
$210,900
Outstanding Balance
$182,776
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$151,494

Purchase Details

Closed on
Aug 8, 2017
Sold by
Braunmoore Llc
Bought by
Light Leah G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2014
Sold by
Braun Karen and Braun Leah
Bought by
Braunmoore Llc

Purchase Details

Closed on
Apr 4, 2014
Sold by
Rubinstein Benjamin Jacob and Brooks Rian Stanton
Bought by
Braun Karen Luklick and Braun Leah Gluklick

Purchase Details

Listed on
Jan 3, 2012
Closed on
Feb 20, 2012
Sold by
Anderson Diane Gay and Rubinstein Benjamin Jacob
Bought by
Rubinstein Benjamin Jacob and Brooks Rian Stanton
Seller's Agent
Kimberly Hosner
RE/MAX Vision
Buyer's Agent
Lori Davis
RE/MAX Vision
List Price
$124,900
Sold Price
$115,500
Premium/Discount to List
-$9,400
-7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%

Purchase Details

Listed on
Jan 3, 2012
Closed on
Jan 20, 2012
Sold by
Ferraro James and Ferraro Laura
Bought by
Anderson Diane Gay and Rubinstein Benjamin Jacob
Seller's Agent
Kimberly Hosner
RE/MAX Vision
Buyer's Agent
Lori Davis
RE/MAX Vision
List Price
$124,900
Sold Price
$115,500
Premium/Discount to List
-$9,400
-7.53%

Purchase Details

Closed on
May 25, 2010
Sold by
Knight Shawn and Knight Veronica
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jul 14, 2004
Sold by
Scoville Robert T
Bought by
Knight Shawn and Knight Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,600
Interest Rate
7.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 14, 2001
Sold by
Ward William
Bought by
Scoville Robert T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,700
Interest Rate
6.99%

Purchase Details

Closed on
Aug 1, 1996
Sold by
Moore Jeffrey Roland
Bought by
Moore Jacqueline Sue
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ollila Katherine $222,000 Bankers Title Settlement Ser
Light Leah G $200,000 Cislo Title Co
Braunmoore Llc -- None Available
Braun Karen Luklick $141,000 Bankers Title Settlement Ser
Rubinstein Benjamin Jacob -- None Available
Anderson Diane Gay $115,500 Liberty Title
Deutsche Bank National Trust Company $150,719 None Available
Knight Shawn $164,500 Metropolitan Title Company
Scoville Robert T $143,000 --
Moore Jacqueline Sue -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ollila Katherine $210,900
Previous Owner Light Leah G $160,000
Previous Owner Knight Shawn $131,600
Previous Owner Knight Shawn $32,900
Previous Owner Scoville Robert T $128,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2018 10/18/18 Sold $222,000 +1.0% $167 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
09/11/2018 09/11/18 Price Changed $219,900 -6.8% $165 / Sq Ft
08/20/2018 08/20/18 For Sale $235,900 +104.2% $178 / Sq Ft
01/24/2012 01/24/12 Sold $115,500 -7.5% $100 / Sq Ft View Prior Sale
01/23/2012 01/23/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $124,900 -- $109 / 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
2025 $6,558 $147,000 $0 $0
2024 $6,315 $144,640 $0 $0
2023 $6,146 $135,490 $0 $0
2022 $6,289 $124,880 $0 $0
2021 $5,800 $115,030 $0 $0
2020 $5,618 $108,940 $0 $0
2019 $5,451 $97,880 $0 $0
2018 $5,429 $94,810 $0 $0
2017 $5,772 $92,640 $0 $0
2016 $5,710 $86,970 $0 $0
2015 -- $74,750 $0 $0
2014 -- $63,710 $0 $0
2011 -- $59,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Meisner

    Seller's Agent in 2018

    Rebecca Meisner

    The Agency Hall & Hunter

    (248) 408-2212

    1 in this area

    59 Total Sales

    Rebecca Meisner
    Section Image

  • Y

    Buyer's Agent in 2018

    Yianni Stathis

    RE/Solutions of Michigan LLC

    Section Image

  • K

    Seller's Agent in 2012

    Kimberly Hosner

    RE/MAX

  • L

    Buyer's Agent in 2012

    Lori Davis

    RE/MAX

See All Agents

Map

Source: Realcomp

MLS Number: 218080633

Realcomp

APN: 25-34-152-013

Michigan Oakland County Ferndale 48220

631 Pearson St, Ferndale, MI

Not Listed for Sale

Detached

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