NOT LISTED FOR SALE

781 Camden St Ferndale, MI 48220

Estimated Value: $272,000 - $331,000

3 Beds
2 Baths
1,698 Sq Ft
$181/Sq Ft Est. Value

Last Sold August 24, 2016

Last sale price $165,000 $97 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,102/month

12 Days on Market

Highlights

  • Covered Patio or Porch
  • Garage
  • Fenced
  • Balcony

About This Home

As of August 2016

Hurry in to view this one of a kind multi-family. Both kitchens and bathrooms refurbished. This gem is
move in ready for Owner occupation or immediate income generation. City of Ferndale Rental
Licensed and bi-annual inspection completed June 2016. Boiler replaced 2012. Sanitary line
replaced to city connection. Basement waterproofed and sump pump system installed with back up
system. Home sits on a large 70’ wide fenced lot - perfect for families and pets. Don’t miss out on
this income generating opportunity. Separate Electric & cable. Gas service is shared. Walls & attic professionally insulated in 2008. Lower Flat: 2 bedrooms, office, formal dining room; hardwood floors throughout; kitchen appliances (garbage disposal, dishwasher, refrigerator, gas stove, hood fan) and washer / dryer incl. Upper Flat: 1 bedroom, formal dining room; hardwood floors throughout; kitchen appliances (refrigerator, gas stove) incl.

Last Agent to Sell the Property

Tom Hutt

RE/MAX Classic License #6502346728 Listed on: 07/06/2016

RE/MAX Classic

Last Buyer's Agent

Keith Weber

RE/MAX First License #6501239845

RE/MAX First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 70x110.53
  • Fenced

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 1,698 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • Garage
  • On-Street Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • Hugo Scherer's Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2535352064

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,414

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1924
  • 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
  • Sq Ft Combined: 1698
  • Total Sq Ft: 1698
  • Sq Ft Total Bsmt: 961

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 70
  • Porch Type: Balcony, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages, On Street

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Radiant
  • 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: 888888.8889
  • Lot Size Area: 0.18
  • Lot Dimensions: 70X110.53
  • Parcel Number: 2535352064
  • Zoning: Multiple

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1130

Tax Info

  • Tax Amount Summer: 2360.0000
  • Tax Amount Winter: 54.0000
  • Total Tax: 2414.0000

Multi Family

  • Gross Scheduled Income: 13560.00
  • 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
Feb 5, 2014
Sold by
Hesse Dawn M
Bought by
Hesse Dawn M and Revocable Living Trust Agreement Of Dawn
Current Estimated Value
$308,122

Purchase Details

Closed on
Apr 26, 2009
Sold by
Hesse Doneen J
Bought by
Hesse Dawn Marie

Purchase Details

Closed on
Jan 5, 1996
Sold by
Hesse Doneen J
Bought by
Hesse Doneen J
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
Hesse Dawn M -- None Available
Hesse Dawn Marie -- Philip R Seaver Title Co Inc
Hesse Doneen J -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2016 08/24/16 Sold $165,000 +3.1% $97 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $160,000 -- $94 / 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 $5,617 $150,200 $0 $0
2023 $5,422 $145,820 $0 $0
2022 $5,890 $134,780 $0 $0
2021 $5,354 $129,050 $0 $0
2020 $5,127 $121,730 $0 $0
2019 $5,164 $101,590 $0 $0
2018 $5,148 $70,690 $0 $0
2017 $5,118 $64,680 $0 $0
2016 $2,523 $37,650 $0 $0
2015 -- $33,480 $0 $0
2014 -- $30,490 $0 $0
2011 -- $48,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216066144

Realcomp

APN: 25-35-352-064