NOT LISTED FOR SALE

732 Albany St Ferndale, MI 48220

Estimated Value: $262,507 - $299,000

3 Beds
1 Bath
977 Sq Ft
$294/Sq Ft Est. Value

Last Sold August 11, 2022

Last sale price $240,000 $246 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,957/month

19 Days on Market

Highlights

  • Ground Level Unit
  • Bungalow
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of August 2022

Incredible location in downtown Ferndale. This bungalow boasts numerous updates completed over the past 10 years including new Roof, Plumbing, Electrical, Hot Water Heater, Furnace and Central Air. Currently tenant occupied through August 2022. 24 hours notice required for showings.

Last Agent to Sell the Property

Alexander Jerome

K W Peterson & Associates License #6501382136 Listed on: 06/27/2022

Last Buyer's Agent

Corey Light

@properties Christie's Int'l R.E. Birmingham License #6501350865

@properties Christie's Int'l R.E. Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1941

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 46.00 x 120.00
  • Back Yard Fenced

Home Design

  • Bungalow
  • Block Foundation

Interior Spaces

  • 977 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Kitchen

  • Induction Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

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 2534105007
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,396

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Assessment: 172.00
  • Year Built: 1941
  • State Equalized Value: 82190.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Induction Cooktop, Dishwasher, Disposal, Dryer, Microwave, Washer
  • Sq Ft Combined: 977
  • Total Sq Ft: 977
  • Sq Ft Total Bsmt: 663

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 46
  • Road Frontage Type: Paved
  • Fencing: Back Yard, Fenced

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)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • Lot Size Area: 0.13
  • Lot Dimensions: 46.00 x 120.00
  • Parcel Number: 2534105007

Tax Info

  • Tax Amount Summer: 3314.0000
  • Tax Amount Winter: 82.0000
  • Total Tax: 3396.0000
  • Taxable Value: 44470.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Aug 11, 2022
Sold by
732 Albany Llc
Bought by
Tatchin Jordan
Seller's Agent
Alexander Jerome
K W Peterson & Associates
Buyer's Agent
Corey Light
@properties Christie's Int'l R.E. Birmingham
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%
Current Estimated Value
$287,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,627
Avg. Annual Appreciation
5.80%
Original Mortgage
$192,000
Outstanding Balance
$183,835
Interest Rate
5.7%
Mortgage Type
Balloon
Estimated Equity
$103,792

Purchase Details

Closed on
Apr 1, 2021
Sold by
Bowen Kevin Thomas
Bought by
732 Albany Llc

Purchase Details

Listed on
Jun 6, 2013
Closed on
Jul 23, 2013
Sold by
John B Cissell Revocable Trust and Cissell John B
Bought by
Bowen Kevin Thomas
Seller's Agent
Judy Palmer
RE/MAX Showcase Homes
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$128,500
Sold Price
$128,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%

Purchase Details

Closed on
Mar 29, 2012
Sold by
Cissell Andrew
Bought by
Cissell John and John B Cisell Revocable Trust

Purchase Details

Closed on
Jun 12, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 23, 2010
Sold by
Pawlaczyk Karen S
Bought by
Bac Home Loans Servicing Lp
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
Tatchin Jordan $240,000 --
732 Albany Llc -- Ata National Title Group
732 Albany Llc -- None Listed On Document
Bowen Kevin Thomas $128,500 Partners Title Agency Llc
Cissell John -- None Available
Federal National Mortgage Association -- None Available
Bac Home Loans Servicing Lp $129,190 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tatchin Jordan $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2022 08/11/22 Sold $240,000 -4.0% $246 / Sq Ft
07/17/2022 07/17/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $249,900 +94.5% $256 / Sq Ft
07/23/2013 07/23/13 Sold $128,500 0.0% $117 / Sq Ft View Prior Sale
06/18/2013 06/18/13 Pending -- -- --
06/06/2013 06/06/13 For Sale $128,500 -- $117 / 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 $5,372 $109,720 $0 $0
2023 $5,224 $102,230 $0 $0
2022 $3,406 $93,240 $0 $0
2021 $3,395 $82,190 $0 $0
2020 $3,251 $76,310 $0 $0
2019 $3,275 $68,650 $0 $0
2018 $2,501 $63,410 $0 $0
2017 $2,470 $61,830 $0 $0
2016 $2,437 $53,200 $0 $0
2015 -- $45,890 $0 $0
2014 -- $40,070 $0 $0
2011 -- $43,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221010083

Realcomp

APN: 25-34-105-007