NOT LISTED FOR SALE

691 E Hazelhurst St Ferndale, MI 48220

Estimated Value: $248,000 - $288,000

3 Beds
2 Baths
1,415 Sq Ft
$188/Sq Ft Est. Value

Last Sold February 27, 2017

Last sale price $90,000 $64 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $1,869/month

65 Days on Market

Highlights

  • Covered Patio or Porch
  • Private Entrance
  • 3-minute walk to Wilson Park
  • Forced Air Heating System
  • Fenced

About This Home

As of February 2017

Cute home with covered porch. Main entry into 2 separate keyed entries to the upper and lower part of home. Individual Furnaces and hot water heaters dedicated to each unit and purchased in the last 4 years. Great home with income potential. Nice and quaint tree lined dead end street. Close to dog park and shopping. Within walking distance to downtown and plenty of dedicated bike lanes. Both Units currently occupied so requires 24 hour notice to view. Bottom unit rents for $875 and top rents for $650. Sold "as is". BATVAI. Great investment.

Last Agent to Sell the Property

Amanda Gleason

Real Estate One-Southgate License #6501389145 Listed on: 11/16/2016

Real Estate One-Southgate

Last Buyer's Agent

Robert Coburn

RE/MAX First License #6501265468

RE/MAX First

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35x116
  • Private Entrance
  • Fenced

Home Design

  • Duplex
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,415 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Parking

  • 2 Parking Spaces
  • Paved Parking
  • On-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Units
  • Woodward Grove Sub Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2535151012

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex, Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 1415
  • Total Sq Ft: 1415

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Exclusions: Yes
  • Exterior Features: Fenced, Lighting, Private Entry
  • Foundation Materials: Poured
  • Frontage Feet: 35
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: On Street, Paved
  • Total Parking Spaces: 2

Utilities

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

Schools

  • School District: Ferndale

Lot Info

  • List Price per Acre: 1111100.0000
  • Lot Size Area: 0.09
  • Lot Dimensions: 35X116
  • Parcel Number: 2535151012
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Snow Removal, Water/Sewer, Yard Maintenance
  • Monthly Rental Income: 1515

Tax Info

  • Tax Amount Summer: 2427.0000
  • Tax Amount Winter: 75.0000
  • Total Tax: 2502.0000

Multi Family

  • Gross Scheduled Income: 18180.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2016
Closed on
Feb 27, 2017
Sold by
Cemborski Robert
Bought by
Mackinder Kirk P
Seller's Agent
Amanda Gleason
Real Estate One-Southgate
Buyer's Agent
Robert Coburn
RE/MAX First
List Price
$117,117
Sold Price
$90,000
Premium/Discount to List
-$27,117
-23.15%
Current Estimated Value
$265,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,794
Avg. Annual Appreciation
12.12%
Original Mortgage
$67,500
Outstanding Balance
$56,520
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$183,691

Purchase Details

Listed on
Jun 5, 2012
Closed on
Nov 21, 2012
Sold by
G Usa Llc and Jordan Michael
Bought by
Cemborski Robert
Seller's Agent
Fadi Dabaja
EXP Realty Main
Buyer's Agent
Clinton Wheeler
Real Estate One-Traverse City
List Price
$54,900
Sold Price
$41,000
Premium/Discount to List
-$13,900
-25.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.27%

Purchase Details

Listed on
Jun 5, 2012
Closed on
Oct 8, 2012
Sold by
Mcmechan Samuel B
Bought by
G Usa Llc
Seller's Agent
Fadi Dabaja
EXP Realty Main
Buyer's Agent
Clinton Wheeler
Real Estate One-Traverse City
List Price
$54,900
Sold Price
$41,000
Premium/Discount to List
-$13,900
-25.32%

Purchase Details

Closed on
May 4, 2012
Sold by
Residential Group 231 Llc
Bought by
G Usa Llc

Purchase Details

Closed on
Jan 13, 2012
Sold by
Mcmechan Samuel B
Bought by
Residential Group 231 Llc

Purchase Details

Closed on
Sep 30, 1999
Sold by
Muhaimeen Latif
Bought by
Mcmechan Samuel B

Purchase Details

Closed on
Apr 4, 1997
Sold by
Oviatt John
Bought by
Muhaimeen Latiful

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.93%

Purchase Details

Closed on
Jan 4, 1996
Sold by
First National Bk Mi
Bought by
Oviatt John
Source: Public Records

Range of Values:

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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
Mackinder Kirk P $90,000 None Available
Cemborski Robert $41,000 Bell Title Agency Of Livonia
G Usa Llc -- None Available
G Usa Llc -- Bell Title
Residential Group 231 Llc -- None Available
Mcmechan Samuel B $110,000 --
Muhaimeen Latiful $65,000 --
Oviatt John $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mackinder Kirk P $67,500
Previous Owner Muhaimeen Latiful $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2017 02/27/17 Sold $90,000 -23.2% $64 / Sq Ft
01/20/2017 01/20/17 Pending -- -- --
11/16/2016 11/16/16 For Sale $117,117 +185.7% $83 / Sq Ft
11/26/2012 11/26/12 Sold $41,000 -25.3% $29 / Sq Ft
11/25/2012 11/25/12 Pending -- -- --
06/05/2012 06/05/12 For Sale $54,900 -- $39 / 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
2024 $5,516 $104,810 $0 $0
2023 $5,816 $98,240 $0 $0
2022 $5,112 $86,950 $0 $0
2021 $5,071 $81,780 $0 $0
2020 $4,651 $74,840 $0 $0
2019 $4,685 $69,050 $0 $0
2018 $4,950 $59,550 $0 $0
2017 $2,671 $59,370 $0 $0
2016 $2,638 $56,940 $0 $0
2015 -- $52,310 $0 $0
2014 -- $45,350 $0 $0
2011 -- $37,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216110367

Realcomp

APN: 25-35-151-012