NOT LISTED FOR SALE

680 Pearson St Ferndale, MI 48220

Estimated Value: $272,000 - $342,000

2 Beds
1 Bath
879 Sq Ft
$348/Sq Ft Est. Value

Last Sold October 16, 2018

Last sale price $182,500 $208 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,227/month

Highlights

  • No HOA
  • Bungalow
  • ENERGY STAR Qualified Dryer
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Laundry Facilities

About This Home

As of September 2023

Amazing completely renovated 1st Floor apartment 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.

Last Agent to Rent the Property

Richard Harrison

Berkshire Hathaway HomeServices Kee Realty Bham License #6502413059 Listed on: 05/31/2023

Berkshire Hathaway HomeServices Kee Realty Bham

Last Renter's Agent

Richard Harrison

Berkshire Hathaway HomeServices Kee Realty Bham License #6502413059 Listed on: 05/31/2023

Berkshire Hathaway HomeServices Kee Realty Bham

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1921 | Remodeled in 2019

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 47 x 122

Home Design

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

Interior Spaces

  • 879 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement
  • Interior Basement Entry

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

  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

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

Community Details

Overview

  • No Home Owners Association
  • On-Site Maintenance

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

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: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1921
  • Year Renovated: 2019
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: No
  • AgentOnly_ListPriceByAcre: 13461.5300
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

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

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Grounds Maintenance
  • Foundation Materials: Block
  • Porch Type: Porch - Covered, Porch
  • 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

Lot Info

  • Lot Size Area: 0.13
  • Lot Dimensions: 47 x 122
  • 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

Listed on
Aug 12, 2018
Closed on
Oct 15, 2018
Sold by
Skarbo Kimberly L
Bought by
Mehram Navid H
Seller's Agent
Richard Harrison
Berkshire Hathaway HomeServices Kee Realty Bham
Buyer's Agent
Richard Harrison
Real Living Kee Realty-Troy
List Price
$195,000
Sold Price
$182,500
Premium/Discount to List
-$12,500
-6.41%
Current Estimated Value
$305,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,101
Avg. Annual Appreciation
7.35%
Original Mortgage
$136,875
Outstanding Balance
$118,623
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$186,978
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
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 Prior Sale
09/06/2023 09/06/23 Rented $1,750 0.0% --
08/21/2023 08/21/23 Under Contract -- -- --
08/18/2023 08/18/23 Price Changed $1,750 -2.8% $2 / Sq Ft
07/24/2023 07/24/23 Price Changed $1,800 -2.7% $2 / Sq Ft
07/18/2023 07/18/23 Price Changed $1,850 -2.6% $2 / Sq Ft
06/22/2023 06/22/23 Price Changed $1,900 -1.3% $2 / Sq Ft
06/22/2023 06/22/23 Price Changed $1,925 -1.3% $2 / Sq Ft
06/12/2023 06/12/23 Price Changed $1,950 -2.5% $2 / Sq Ft
05/31/2023 05/31/23 For Rent $2,000 +60.0% --
04/01/2022 04/01/22 Rented $1,250 -3.8% --
03/21/2022 03/21/22 Under Contract -- -- --
03/06/2022 03/06/22 Price Changed $1,300 -7.1% $2 / Sq Ft
03/04/2022 03/04/22 For Rent $1,400 -12.5% --
03/30/2021 03/30/21 Rented $1,600 0.0% --
03/23/2021 03/23/21 Under Contract -- -- --
03/10/2021 03/10/21 For Rent $1,600 0.0% --
10/16/2018 10/16/18 Sold $182,500 -6.4% $120 / Sq Ft View Prior Sale
08/25/2018 08/25/18 Pending -- -- --
08/13/2018 08/13/18 Price Changed $194,900 -0.1% $128 / Sq Ft
08/12/2018 08/12/18 For Sale $195,000 -- $128 / 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 $7,745 $149,230 $0 $0
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: 20230043002

Realcomp

APN: 25-34-110-029