NOT LISTED FOR SALE

790 Jewell St Ferndale, MI 48220

Estimated Value: $263,000 - $284,000

4 Beds
2.5 Baths
1,400 Sq Ft
$196/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $261,000 $186 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,774/month

74 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • 3-minute walk to Fair Park

About This Home

As of February 2024

Rare opportunity! 2 family flat with A+ rental history, currently reviewing applications for upper unit at $1095, stove/fridge landlord owned and included in both units, neutral paint and hardwood flooring. Lower unit rented at $1350/mo. until June 2024. Water and gas are shared, electric has separate meters, tenants pay all utilities. New roof 2023! Shared laundry in basement, landlord owned washer and dryer. Owner occupants who want the lower rent to pay toward their living expenses, move into the vacant unit before it's gone.... already rental certified until 6-19-2025!

Last Agent to Sell the Property

James Silver

Keller Williams Somerset License #6501302927 Listed on: 11/18/2023

Keller Williams Somerset

Last Buyer's Agent

William Smith

Key Realty License #6501452198

Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1927

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35 x 118

Home Design

  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 242535306030
  • $1,000 Seller Concession

Community Details

Overview

  • 2 Units
  • Hugo Scherer's Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,020

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 1 1/2 Story
  • Year Built: 1927
  • State Equalized Value: 91250.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1400
  • Total Sq Ft: 1400
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Wood
  • Foundation Materials: Poured
  • Frontage Feet: 35
  • Porch Type: Porch
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Fee Information

  • Operating Expense: 12000.00

Schools

  • School District: Ferndale

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 35 x 118
  • Parcel Number: 242535306030
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2445

Tax Info

  • Tax Amount Summer: 2950.0000
  • Tax Amount Winter: 70.0000
  • Total Tax: 3020.0000
  • Taxable Value: 103120.0000

Multi Family

  • Gross Scheduled Income: 29340.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2023
Closed on
Feb 23, 2024
Sold by
Dinverno Alfred
Bought by
Unsal Corn Ildar
Seller's Agent
James Silver
Keller Williams Somerset
Buyer's Agent
William Smith
Key Realty
List Price
$279,000
Sold Price
$261,000
Premium/Discount to List
-$18,000
-6.45%
Views
201
Current Estimated Value
$273,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,434
Avg. Annual Appreciation
2.61%
Original Mortgage
$256,272
Outstanding Balance
$253,271
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$17,599

Purchase Details

Closed on
Oct 3, 2008
Sold by
Woodward Asset Capital Llc
Bought by
Dinverno Alfred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,750
Interest Rate
6.41%
Mortgage Type
Unknown

Purchase Details

Closed on
May 28, 2008
Sold by
Wells Fargo Bank Na
Bought by
Woodward Asset Capital Llc

Purchase Details

Closed on
Jan 30, 2007
Sold by
Wright Tyson J
Bought by
Wells Fargo Bank Na and National City Mortgage Loan Trust 2005-1

Purchase Details

Closed on
Aug 13, 2003
Sold by
Hardcastle Gordon and Hardcastle Meagan
Bought by
Wright Tyson J

Purchase Details

Closed on
Sep 24, 1999
Sold by
Spicer Lawrence R
Bought by
Hardcastle Gordon

Purchase Details

Closed on
Nov 13, 1997
Sold by
Spicer Robert M
Bought by
Spicer Lawrence R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
7.36%

Purchase Details

Closed on
Nov 12, 1997
Sold by
Smith Ariel J
Bought by
Spicer Lawrence R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
7.36%

Purchase Details

Closed on
Mar 7, 1995
Sold by
Est James R Smith
Bought by
Spicer Robert M and Spicer Mary 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
Unsal Corn Ildar $261,000 None Listed On Document
Dinverno Alfred $32,500 None Available
Woodward Asset Capital Llc -- Alpha Title Agency Inc
Wells Fargo Bank Na $104,444 None Available
Wright Tyson J $155,000 First American Title
Hardcastle Gordon $99,900 --
Spicer Lawrence R $50,000 --
Spicer Lawrence R $43,500 --
Spicer Robert M $43,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Unsal Cem Ildar $256,272
Previous Owner Dinverno Alfred A $22,750
Previous Owner Wright Tyson J $155,000
Previous Owner Spicer Lawrence R $51,000
Closed Spicer Robert M $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $261,000 0.0% $186 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
01/31/2024 01/31/24 Off Market $261,000 -- --
12/19/2023 12/19/23 Price Changed $269,900 -1.8% $193 / Sq Ft
11/28/2023 11/28/23 Price Changed $274,900 -1.5% $196 / Sq Ft
11/18/2023 11/18/23 For Sale $279,000 0.0% $199 / Sq Ft
06/01/2022 06/01/22 Rented $1,350 +13.0% --
05/23/2022 05/23/22 Under Contract -- -- --
05/02/2022 05/02/22 For Rent $1,195 +29.2% --
03/22/2019 03/22/19 Rented $925 0.0% --
03/08/2019 03/08/19 Price Changed $925 -2.1% $1 / Sq Ft
02/25/2019 02/25/19 Price Changed $945 -3.1% $1 / Sq Ft
02/18/2019 02/18/19 Price Changed $975 -2.0% $2 / Sq Ft
02/02/2019 02/02/19 For Rent $995 +5.3% --
06/30/2017 06/30/17 Rented $945 0.0% --
06/21/2017 06/21/17 For Rent $945 +11.8% --
06/13/2016 06/13/16 Rented $845 0.0% --
05/24/2016 05/24/16 Price Changed $845 -5.6% $1 / Sq Ft
04/11/2016 04/11/16 For Rent $895 +12.6% --
04/24/2015 04/24/15 Rented $795 0.0% --
04/24/2015 04/24/15 Under Contract -- -- --
04/07/2015 04/07/15 For Rent $795 +13.6% --
07/30/2013 07/30/13 Rented $700 -6.7% --
07/29/2013 07/29/13 Under Contract -- -- --
07/24/2013 07/24/13 For Rent $750 -5.1% --
11/28/2012 11/28/12 Rented $790 0.0% --
11/28/2012 11/28/12 Under Contract -- -- --
09/12/2012 09/12/12 For Rent $790 +9.0% --
08/22/2012 08/22/12 Rented $725 0.0% --
08/22/2012 08/22/12 Under Contract -- -- --
08/02/2012 08/02/12 For Rent $725 -- --
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 $3,173 $109,790 $0 $0
2023 $3,055 $103,120 $0 $0
2022 $3,020 $91,250 $0 $0
2021 $3,011 $85,670 $0 $0
2020 $2,957 $78,570 $0 $0
2019 $2,907 $72,580 $0 $0
2018 $2,895 $64,780 $0 $0
2017 $2,856 $64,690 $0 $0
2016 $2,821 $62,170 $0 $0
2015 -- $57,120 $0 $0
2014 -- $49,420 $0 $0
2011 -- $40,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Silver

    Seller's Agent in 2024

    James Silver

    Keller Williams Somerset

    (248) 417-9617

    12 in this area

    401 Total Sales

    Section Image

  • W

    Buyer's Agent in 2024

    William Smith

    Key Realty

    Section Image

  • S

    Buyer's Agent in 2022

    Steve Kabrit

    Keller Williams Somerset

    (248) 649-7200

    Section Image

  • D

    Buyer's Agent in 2012

    David Yankovich

    RE/MAX

    Section Image
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Map

Source: Realcomp

MLS Number: 20230096991

Realcomp

APN: 25-35-306-030

Michigan Oakland County Ferndale 48220

790 Jewell St, Ferndale, MI

This home is located at 790 Jewell St, Ferndale, MI 48220 since 18 November 2023 and is currently estimated at $274,334, approximately $195 per square foot. This property was built in 1927. 790 Jewell 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
Copyright 2025 Realcomp II Ltd. Shareholders
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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