631 W Troy St Unit Bldg-Unit Ferndale, MI 48220
Estimated Value: $394,469 - $436,000
            
                3
                Beds
            
            
            
                1
                Bath
            
            
            
                1,398
                Sq Ft
            
            
                
                    $292/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 631 W Troy St Unit Bldg-Unit, Ferndale, MI 48220 and is currently estimated at $407,867, approximately $291 per square foot. 631 W Troy St Unit Bldg-Unit is a home located in Oakland County with nearby schools including Ferndale Lower Elementary Campus, Ferndale Upper Elementary Campus, and Ferndale Middle School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                May 11, 2020
            
        
                Sold by
            
            
                Demsky Caitlin A
            
        
                Bought by
            
            
                Demsky Caitlin A and Meservy Kenneth
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $266,700
            
        
                Outstanding Balance
            
            
                $236,333
            
        
                Interest Rate
            
            
                3.3%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $171,534
            
        Purchase Details
                Closed on
            
            
                Jan 26, 2018
            
        
                Sold by
            
            
                Phipps Colin and Phipps Colin R
            
        
                Bought by
            
            
                Demsky Caitlin A
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $264,325
            
        
                Interest Rate
            
            
                3.94%
            
        
                Mortgage Type
            
            
                New Conventional
            
        Purchase Details
                Closed on
            
            
                Dec 9, 2005
            
        
                Sold by
            
            
                Binkowski Keith J and Binkowski Kelly M
            
        
                Bought by
            
            
                Phipps Colin
            
        Purchase Details
                Closed on
            
            
                Jul 20, 1995
            
        
                Sold by
            
            
                Barbara L Tochet Trust
            
        
                Bought by
            
            
                Mitchell Franklin and Mitchell Shannon
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $71,200
            
        
                Interest Rate
            
            
                7.59%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Demsky Caitlin A | -- | None Available | |
| Demsky Caitlin A | $272,500 | None Available | |
| Phipps Colin | $190,000 | Title One Inc | |
| Mitchell Franklin | $89,000 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Demsky Caitlin A | $266,700 | |
| Closed | Demsky Caitlin A | $264,325 | |
| Previous Owner | Mitchell Franklin | $71,200 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | $7,352 | $176,190 | $0 | $0 | 
| 2023 | $7,153 | $165,330 | $0 | $0 | 
| 2022 | $7,204 | $152,970 | $0 | $0 | 
| 2021 | $7,248 | $143,570 | $0 | $0 | 
| 2020 | $6,861 | $139,640 | $0 | $0 | 
| 2019 | $6,976 | $126,130 | $0 | $0 | 
| 2018 | $3,751 | $91,120 | $0 | $0 | 
| 2017 | $3,703 | $89,320 | $0 | $0 | 
| 2016 | $3,659 | $84,100 | $0 | $0 | 
| 2015 | -- | $78,880 | $0 | $0 | 
| 2014 | -- | $67,380 | $0 | $0 | 
| 2011 | -- | $63,500 | $0 | $0 | 
                Source: Public Records
                    
            
        Map
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