NOT LISTED FOR SALE

641 Pearson St Ferndale, MI 48220

Estimated Value: $309,000 - $403,000

3 Beds
2 Baths
1,545 Sq Ft
$227/Sq Ft Est. Value

Last Sold January 18, 2012

Last sale price $57,500 $37 Per Sq Ft

Est. 528% increase in value since last sale

Current estimated payment $2,307/month

10 Days on Market

About This Home

As of January 2012

Clean house. Pretty much "turn key". Many updates. B.A. to conf rental cert and all other information w/ city of Ferndale.

Last Agent to Sell the Property

Luke Johnson

EXP Realty Main License #6501257132 Listed on: 12/30/2011

EXP Realty Main

Last Buyer's Agent

Brian Bischer

Utica Realty LLC License #6501316042

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 45x122

Parking

  • 2 Parking Spaces

Interior Spaces

  • 2 Full Bathrooms
  • 1,545 Sq Ft Home
  • 1.5-Story Property
  • Basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Elsinore Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2534152012

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 1 1/2 Story
  • Year Built: 1938
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Total Sq Ft: 1545

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Total Parking Spaces: 2

Utilities

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

Lot Info

  • List Price per Acre: 282692.0000
  • Lot Size Area: 0.13
  • Lot Dimensions: 45X122
  • Parcel Number: 2534152012
  • Zoning: Residential
  • Homestead Percent: 0 Percent

Tax Info

  • Tax Amount Summer: 4692.0000
  • Tax Amount Winter: 71.0000
  • Total Tax: 4763.0000

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2011
Sold by
Stanwick Bradley M
Bought by
E Trade Bank
Current Estimated Value
$361,077

Purchase Details

Closed on
Jul 1, 1997
Sold by
Peterson Knud D
Bought by
Stanwick Bradley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,581
Interest Rate
7.68%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
E Trade Bank $25,000 None Available
Stanwick Bradley M $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stanwick Bradley M $94,581
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2012 01/18/12 Sold $57,500 +56.5% $37 / Sq Ft
01/09/2012 01/09/12 Pending -- -- --
12/30/2011 12/30/11 For Sale $36,750 -- $24 / 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 $5,256 $150,400 $0 $0
2024 $5,105 $146,250 $0 $0
2023 $4,926 $135,330 $0 $0
2022 $4,879 $123,050 $0 $0
2021 $4,862 $111,450 $0 $0
2020 $4,657 $105,710 $0 $0
2019 $4,690 $93,710 $0 $0
2018 $4,675 $83,240 $0 $0
2017 $4,608 $81,490 $0 $0
2016 $4,557 $76,570 $0 $0
2015 -- $71,880 $0 $0
2014 -- $61,860 $0 $0
2011 -- $62,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Luke Johnson

    Seller's Agent in 2012

    Luke Johnson

    EXP Realty Main

    (248) 417-0630

    10 in this area

    125 Total Sales

    Luke Johnson
    Section Image

  • B

    Buyer's Agent in 2012

    Brian Bischer

    Utica Realty LLC

    (248) 875-6962

    18 Total Sales

    Brian Bischer
    Section Image
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Map

Source: Realcomp

MLS Number: 211131784

Realcomp

APN: 25-34-152-012

Michigan Oakland County Ferndale 48220

641 Pearson St, Ferndale, MI

Not Listed for Sale

MultiFamily

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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