NOT LISTED FOR SALE

680 Pearson St Unit 1 Ferndale, MI 48220

Estimated Value: $282,000 - $344,000

2 Beds
1 Bath
879 Sq Ft
5,750 Sq Ft Lot

Highlights

  • No HOA
  • 1-Story Property
  • Private Entrance
  • Bungalow
  • Forced Air Heating and Cooling System
  • ENERGY STAR Qualified Dryer

About This Home

As of May 2023

Amazing completely renovated 1st Floor Unit with EVERYTHING updated. Available for JULY 1ST Move in. Newer Kitchen & Bath, Newer furnace & A/C. Within walking distance to downtown Ferndale. This is a MUST see for anyone looking to rent. Landscaping, Water, Sewer and snow removal included. Tenants to verify all information. NO PETS ALLOWED! No exceptions. Applicant must have a credit score of 650 or higher. 3 X Rental amount as income. NO MSHDA, SECTION 8 OR CITY VOUCHERS WILL BE ACCEPTED. $38 PER PERSON application fee. This fee will be collected by RentSpree. 1.5 Security Deposit, $300 Non-Refundable Cleaning Fee, and 1st Months Rent all due at lease signing. No exceptions. PLEASE NOTE The hanging light in dining room does not stay, will be replaced with original ceiling fan light.

Last Agent to Rent the Property

Richard Harrison

Berkshire Hathaway HomeServices Kee Realty Bham License #6502413059 Listed on: 05/05/2023

Berkshire Hathaway HomeServices Kee Realty Bham

Last Renter's Agent

Lanie Hardy Cosgrove

KW Domain License #RCO-6501261101

KW Domain

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,517

Year Built

  • Built in 1921 | Remodeled in 2019

Lot Details

  • 5,750

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 879 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • ENERGY STAR Qualified Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Private Entrance
  • Ground Level

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Security Deposit $3,000
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Application Fee: 38.00
  • Assessor Parcel Number 2534110029

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,517

Year Built

Built in 1921 | Remodeled in 2019

Lot Details

0

Rental Info

  • Application Fee: 38.00
  • Lease Type: Apartments
  • Rent Includes: Int Maint W/Deduct, Water/Sewer, Trash Collection (Garbage Pickup), Water, Yard Maintenance
  • Security Deposit: 3000.00
  • Tenant Amenities: Maintenance Off-Site, Laundry In-Unit

Listing Details

  • Property Type: Condominium
  • Architecture Style: Bungalow
  • Architecture Level: 1 Story Ground
  • Year Built: 1921
  • Year Renovated: 2019
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: 100 Amp Service, Cable Available, Circuit Breakers, Furnished - No
  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Kitchen Appliances: ENERGY STAR® qualified dryer, Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 879
  • Total Sq Ft: 879
  • Sq Ft Total Bsmt: 698

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Private Entry
  • Foundation Materials: Block
  • Road Frontage Type: Paved

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: Yes

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 300.00

Schools

  • School District: Ferndale

Lot Info

  • Parcel Number: 2534110029

Multi Family

  • Length of Lease: 12 Months, 13-24 Months

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2018
Sold by
Skarbo Kimberly L
Bought by
Mehram Navid H
Current Estimated Value
$311,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,875
Outstanding Balance
$119,363
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$192,352
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
Mehram Navid H $182,500 Premier Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehram Navid H $136,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2023 05/12/23 Rented $1,900 -5.0% --
05/05/2023 05/05/23 For Rent $2,000 -20.0% --
09/30/2019 09/30/19 Rented $2,500 +66.7% --
09/06/2019 09/06/19 Under Contract -- -- --
09/04/2019 09/04/19 For Rent $1,500 -- --
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 $7,517 $144,780 $0 $0
2023 $7,262 $133,870 $0 $0
2022 $7,200 $121,590 $0 $0
2021 $7,175 $109,600 $0 $0
2020 $6,867 $103,620 $0 $0
2019 $6,641 $88,090 $0 $0
2018 $3,397 $77,270 $0 $0
2017 $3,349 $75,440 $0 $0
2016 $3,310 $70,630 $0 $0
2015 -- $66,200 $0 $0
2014 -- $57,090 $0 $0
2011 -- $56,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230032934

Realcomp

APN: 25-34-110-029