Seller's Agent in 2022
Jim Shaffer
Good Company
(248) 219-3782
463 in this area
3,752 Total Sales
731 Spencer St Ferndale, MI 48220
Estimated Value: $342,000 - $388,618
5
Beds
2.5
Baths
1,722
Sq Ft
$211/Sq Ft
Est. Value
Highlights
- No HOA
- 2 Car Detached Garage
- Attic Fan
- Covered Patio or Porch
- Bungalow
- 5-minute walk to Fair Park
About This Home
As of March 2022Gorgeous Ferndale home sits on a spacious double lot with a lovely updated kitchen, giant primary suite, and tons of charm. Bright entry living room with a cozy brick fireplace, coved ceilings, and lots of natural light. Wide arched passageway to the dining area. Roomy galley kitchen with stainless steel appliances, tile and butchers block counters, and custom tile backsplash. Large mud room with access to the yard and basement. Two entry level bedrooms share a full bath. Three additional bedrooms and a second full bath on the upper level, including the massive primary bedroom with reading nook and ample closet space. Full basement, partially finished with a half bath, laundry, and lots of storage space. Newer windows, installed in 2014. Private backyard with a raised brick patio, garden area, and detached two car garage. Beautiful landscaping with raspberry and blackberry patches, apple, pear, and cherry trees. Great location, close to local parks and downtown Ferndale. Welcome Home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1927 | Remodeled in 2008
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 70.00x118.00
Home Design
- Bungalow
- Block Foundation
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1,722 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Gas Fireplace
- Living Room with Fireplace
- Partially Finished Basement
- Sump Pump
- Attic Fan
Kitchen
- Free-Standing Gas Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Parking
- 2 Car Detached Garage
- Garage Door Opener
Outdoor Features
- Covered Patio or Porch
- Exterior Lighting
Location
- Ground Level
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Hugo Scherer's Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 2535306055
- $4,000 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 3, 2022
Closed on
Mar 9, 2022
Sold by
Jackman Greg R
Bought by
Hughes Mark and Hughes Jennifer
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Cyrus Wheeler
Match Realty
List Price
$324,900
Sold Price
$310,000
Premium/Discount to List
-$14,900
-4.59%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,905
Avg. Annual Appreciation
3.53%
Original Mortgage
$248,000
Outstanding Balance
$233,231
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$116,193
Purchase Details
Listed on
Dec 9, 2013
Closed on
Jan 27, 2014
Sold by
Kimball Nathan C and Kimball Amy R
Bought by
Jackman Greg R
Seller's Agent
Jim Shaffer
Good Company Realty LLC
Buyer's Agent
Susan Hammel
Real Estate One Grosse Pointe
List Price
$145,000
Sold Price
$145,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.81%
Original Mortgage
$142,373
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 13, 2007
Sold by
Mortgage Center Lc and Martin Kenneth H
Bought by
Kimball Nathan C and Kimball Amy R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,520
Interest Rate
6.71%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 17, 2005
Sold by
Boone Debra L and Boone Gary T
Bought by
Mortgage Center Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hughes Mark | $310,000 | Fidelity National Title | |
| Jackman Greg R | $145,000 | None Available | |
| Kimball Nathan C | $116,000 | None Available | |
| Mortgage Center Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hughes Mark | $248,000 | |
| Previous Owner | Jackman Greg Randal | $132,000 | |
| Previous Owner | Jackman Greg R | $142,373 | |
| Previous Owner | Kimball Nathan C | $112,520 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/09/2022 03/09/22 | Sold | $310,000 | -4.6% | $180 / Sq Ft |
| 02/06/2022 02/06/22 | Pending | -- | -- | -- |
| 02/03/2022 02/03/22 | For Sale | $324,900 | +124.1% | $189 / Sq Ft |
| 01/27/2014 01/27/14 | Sold | $145,000 | 0.0% | $84 / Sq Ft |
| 12/17/2013 12/17/13 | Pending | -- | -- | -- |
| 12/09/2013 12/09/13 | For Sale | $145,000 | -- | $84 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $9,104 | $186,430 | $0 | $0 |
| 2023 | $8,861 | $175,970 | $0 | $0 |
| 2022 | $4,737 | $158,010 | $0 | $0 |
| 2021 | $4,766 | $151,250 | $0 | $0 |
| 2020 | $4,514 | $142,070 | $0 | $0 |
| 2019 | $4,588 | $132,660 | $0 | $0 |
| 2018 | $4,606 | $119,730 | $0 | $0 |
| 2017 | $4,547 | $118,790 | $0 | $0 |
| 2016 | $4,497 | $113,380 | $0 | $0 |
| 2015 | -- | $77,420 | $0 | $0 |
| 2014 | -- | $67,830 | $0 | $0 |
| 2011 | -- | $48,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Cyrus Wheeler
Match Realty
(248) 885-2646
3 in this area
127 Total Sales
-
Buyer's Agent in 2014
Susan Hammel
Real Estate One Grosse Pointe
(313) 304-3691
19 Total Sales
Map
Source: Realcomp
MLS Number: 2220004938
APN: 25-35-306-055
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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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