NOT LISTED FOR SALE

731 Pearson St Ferndale, MI 48220

Estimated Value: $356,000 - $382,000

3 Beds
2.5 Baths
1,379 Sq Ft
$268/Sq Ft Est. Value

Last Sold May 01, 2015

Last sale price $182,000 $132 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,448/month

7 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Covered Patio or Porch
  • Bungalow

About This Home

As of May 2015

Charming two story in a fantastic Ferndale location, close to town and west of Woodward. This home has many updates including a large chefs kitchen with ample cabinet space, granite counters and stainless appliances. There are hardwood floors throughout the home. The first floor full bath and upstairs bath are updated and show nicely. Room sizes are spacious, the layout is great and there is a good amount of storage. Lovely covered front porch extends the width of the house. Two car garage in the back. This home is in move-in condition and has fantastic curb appeal! MULTIPLE OFFERS - HIGHEST AND BEST DUE MONDAY 3/30 AT 6PM.

Last Agent to Sell the Property

Christian Grothe

Max Broock, REALTORS®-Birmingham License #6501329715 Listed on: 03/25/2015

Max Broock, REALTORS®-Birmingham

Last Buyer's Agent

Darlene Jackson

Max Broock, REALTORS®-Birmingham License #6502386905

Max Broock, REALTORS®-Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1924 | Remodeled in 2006

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 122

Parking

  • 2 Car Detached Garage

Home Design

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

Interior Spaces

  • 1,379 Sq Ft Home
  • 2-Story Property
  • Natural lighting in basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Hawthorne Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2534152002

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,300

Year Built

Built in 1924 | Remodeled in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Year Built: 1924
  • Year Renovated: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 1379

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Electricity
  • Garage: Yes

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: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1249285.7143
  • Lot Size Area: 0.14
  • Lot Dimensions: 50 X 122
  • Parcel Number: 2534152002

Tax Info

  • Tax Amount Summer: 3199.0000
  • Tax Amount Winter: 101.0000
  • Total Tax: 3300.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2015
Closed on
May 1, 2015
Sold by
Jones Jennifer L and Parish Jennifer L
Bought by
Rice Benjamin S and Yonkers Rita D
Seller's Agent
Christian Grothe
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Darlene Jackson
Max Broock, REALTORS®-Birmingham
List Price
$174,900
Sold Price
$182,000
Premium/Discount to List
$7,100
4.06%
Current Estimated Value
$369,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,192
Avg. Annual Appreciation
6.81%
Original Mortgage
$172,900
Outstanding Balance
$132,036
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$237,156

Purchase Details

Closed on
Oct 26, 2009
Sold by
Layer Carol
Bought by
Parish Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,735
Interest Rate
4.96%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 20, 2006
Sold by
Harteau Daniel and Harteau Norine Ritter
Bought by
Layer Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.37%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 25, 1994
Sold by
Harteau Norine R
Bought by
Harteau Norine Ritter and Harteau Daniel
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
Rice Benjamin S $182,000 None Available
Parish Jennifer L $125,000 Sky Title Agency
Layer Carol $150,000 Multiple
Harteau Norine Ritter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice Benjamin S $172,900
Previous Owner Parish Jennifer L $122,735
Previous Owner Layer Carol $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2015 05/01/15 Sold $182,000 +4.1% $132 / Sq Ft
04/01/2015 04/01/15 Pending -- -- --
03/25/2015 03/25/15 For Sale $174,900 -- $127 / 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 $6,443 $178,570 $0 $0
2024 $6,181 $176,380 $0 $0
2023 $6,013 $165,270 $0 $0
2022 $6,054 $152,540 $0 $0
2021 $6,091 $141,800 $0 $0
2020 $5,766 $137,160 $0 $0
2019 $5,862 $123,510 $0 $0
2018 $5,886 $109,150 $0 $0
2017 $5,810 $106,580 $0 $0
2016 $5,748 $100,020 $0 $0
2015 -- $72,020 $0 $0
2014 -- $62,060 $0 $0
2011 -- $60,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christian Grothe

    Seller's Agent in 2015

    Christian Grothe

    Max Broock, REALTORS®-Birmingham

    (248) 979-1900

    8 in this area

    226 Total Sales

    Christian Grothe
    Section Image
  • Darlene Jackson

    Buyer's Agent in 2015

    Darlene Jackson

    Max Broock, REALTORS®-Birmingham

    (248) 302-0414

    71 Total Sales

    Darlene Jackson
    Section Image
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Map

Source: Realcomp

MLS Number: 215025410

Realcomp

APN: 25-34-152-002

Michigan Oakland County Ferndale 48220

731 Pearson St, Ferndale, MI

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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