NOT LISTED FOR SALE

776 Laprairie St Ferndale, MI 48220

Estimated Value: $275,000 - $317,000

3 Beds
2 Baths
1,609 Sq Ft
$183/Sq Ft Est. Value

Last Sold February 25, 2016

Last sale price $128,000 $80 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $2,049/month

49 Days on Market

Highlights

  • Covered Patio or Porch
  • Ceiling Fan
  • Fenced
  • Forced Air Heating System

About This Home

As of February 2016

EXCELLENT INVESTMENT OPPORTUNITY IN FERNDALE ! WELL TAKEN CARE OF DUPLEX WITH LONG TERM TENANTS, NEWER ROOF, HW HEATER, NEW WASHER & DRYER, RENOVATED 2009, TURN KEY OPERATION, TENANTS PAY ALL UTILITIES INCLUDING WATER, ALSO AVAILABLE IN A PACKAGE DEAL WITH 967 ALBERTA & 205 E. BENNETTE. SUBJECT TO TENANTS RIGHTS. DON'T MISS OUT ON THIS GREAT DEAL!

Last Agent to Sell the Property

Eric Jurmo

KW Platinum License #6501347983 Listed on: 12/14/2015

KW Platinum

Last Buyer's Agent

Ryan Sowter

Keller Williams Somerset License #RCO-6501392672

Keller Williams Somerset

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1924 | Remodeled in 2009

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 38.2x255
  • Fenced

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 1,609 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • Woodward Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2534328008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,639

Year Built

Built in 1924 | Remodeled in 2009

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1924
  • Year Renovated: 2009
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common, Unfinished
  • Sq Ft Combined: 1609
  • Total Sq Ft: 1609
  • Sq Ft Total Bsmt: 950

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Vinyl
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 38
  • Porch Type: Porch, Porch - Covered
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Ferndale

Lot Info

  • List Price per Acre: 647826.0870
  • Lot Size Area: 0.23
  • Lot Dimensions: 38.2X255
  • Parcel Number: 2534328008
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1450

Tax Info

  • Tax Amount Summer: 2581.0000
  • Tax Amount Winter: 58.0000
  • Total Tax: 2639.0000

Multi Family

  • Gross Scheduled Income: 17500.00
  • 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

Closed on
Apr 10, 2019
Sold by
Tuomey Michael C and Tuomey Eric W
Bought by
Peregrine Management Llc
Current Estimated Value
$294,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$109,897
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$184,655

Purchase Details

Closed on
Dec 18, 2016
Sold by
Tuomey Eric W and Tuomey Sara
Bought by
Peregrine Management Llc

Purchase Details

Closed on
Nov 5, 2016
Sold by
Peregrine Management Llc
Bought by
Tuomey Eric W and Tuomey Michael C

Purchase Details

Listed on
Dec 14, 2015
Closed on
Feb 25, 2016
Sold by
Mcguire Danielle
Bought by
Rar Property Llc
Seller's Agent
Eric Jurmo
KW Platinum
Buyer's Agent
Ryan Sowter
Keller Williams Somerset
List Price
$149,000
Sold Price
$128,000
Premium/Discount to List
-$21,000
-14.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%

Purchase Details

Closed on
Jun 30, 2009
Sold by
Rosh Adam J
Bought by
Rar Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,200
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2009
Sold by
Orille Ireneo Alex and Orille Kimberly
Bought by
Rosh Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,200
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2009
Sold by
Orille Ireneo Alex and Orille Kimberly
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jul 26, 2005
Sold by
Martens Janice A
Bought by
Orille Ireneo Alex

Purchase Details

Closed on
May 8, 2000
Sold by
Martens William L
Bought by
Martens Janice A

Purchase Details

Closed on
Apr 30, 1996
Sold by
Burns Edward
Bought by
Martens William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
7.86%
Source: Public Records

Range of Values:

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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
Peregrine Management Llc -- None Available
Tuomey Michael C -- None Available
Peregrine Management Llc -- None Available
Tuomey Eric W -- None Available
Rar Property Llc -- None Available
Peregrine Management Llc $121,000 Attorney
Rar Property Llc -- None Available
Rosh Adam $39,000 Multiple
Federal Home Loan Mortgage Corp $95,872 None Available
Orille Ireneo Alex $110,000 Alpha Title Agency Inc
Martens Janice A -- --
Martens William L $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tuomey Michael C $125,000
Previous Owner Rosh Adam $31,200
Previous Owner Martens William L $57,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2016 02/25/16 Sold $128,000 -14.1% $80 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
12/14/2015 12/14/15 For Sale $149,000 -- $93 / 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 $6,053 $129,780 $0 $0
2023 $5,844 $125,390 $0 $0
2022 $5,891 $111,920 $0 $0
2021 $5,771 $112,170 $0 $0
2020 $5,526 $112,280 $0 $0
2019 $5,566 $98,180 $0 $0
2018 $5,548 $75,260 $0 $0
2017 $5,468 $70,000 $0 $0
2016 $2,757 $49,000 $0 $0
2015 -- $40,550 $0 $0
2014 -- $35,420 $0 $0
2011 -- $38,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Jurmo

    Seller's Agent in 2016

    Eric Jurmo

    KW Platinum

    (586) 524-1829

    5 in this area

    322 Total Sales

    Eric Jurmo
    Section Image

  • R

    Buyer's Agent in 2016

    Ryan Sowter

    Keller Williams Somerset

    (586) 256-3917

    1 in this area

    32 Total Sales

    Ryan Sowter
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 215130838

Realcomp

APN: 25-34-328-008

Michigan Oakland County Ferndale 48220

776 Laprairie St, Ferndale, MI

This home is located at 776 Laprairie St, Ferndale, MI 48220 since 14 December 2015 and is currently estimated at $294,552, approximately $183 per square foot. This property was built in 1924. 776 Laprairie St is a home located in Oakland County with nearby schools including Ferndale Lower Elementary Campus, Ferndale Upper Elementary Campus, and Ferndale Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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