NOT LISTED FOR SALE

793 Channing St Ferndale, MI 48220

Estimated Value: $209,000 - $296,000

3 Beds
1 Bath
999 Sq Ft
$256/Sq Ft Est. Value

Last Sold June 16, 2014

Last sale price $72,000 $72 Per Sq Ft

Est. 256% increase in value since last sale

Current estimated payment $1,659/month

176 Days on Market

Highlights

  • Wood Flooring
  • Bungalow
  • 5-minute walk to Fair Park
  • Wet Bar
  • Forced Air Heating and Cooling System

About This Home

As of June 2014

GREAT STARTER HOME...PRICED TO SELL FAST! GREAT DEAD END STREET. HARDWOOD FLOORS, PLASTER COVE CEILINGS, HUGE UPPER BEDROOM, NEW FURNACE AND CENTRAL AIR. DINING ROOM, FINISHED BASEMENT WITH 1/2 BATH AND WET BAR, NEWER THERMAL WINDOWS. GREAT HOME FOR THE RIGHT PRICE. GRANITE COUNTER TOPS IN KITCHEN. SELLERS ARE READY TO MOVE! EASY TO SHOW!!

Last Agent to Sell the Property

Lori Davis

RE/MAX Vision License #MISPE-6501345322 Listed on: 11/14/2013

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,201

Year Built

  • Built in 1941

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35x110

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 999 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Wood Flooring
  • Oven or Range
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2535303036

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,201

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Bungalow
  • Structure Style: 1 1/2 Story
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Hardwood Floors, Wet Bar/Bar
  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Finished
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 26 x 16
  • Bedroom 2: On Entry Level, Dimensions: 10 x 10
  • Bedroom 3: On Entry Level, Dimensions: 10 x 10
  • Bathrooms Description: Basement Lavatory, First Flr Lavatory
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Dining Room: On Entry Level, Dimensions: 10 x 10
  • Kitchen: On Entry Level, Dimensions: 10 x 9
  • Living Room: On Entry Level, Dimensions: 12 x 12
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 999
  • Total Finished Sq Ft: 999

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Basement
  • Road: Paved Street

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 2535303036
  • Zoning: Residential
  • Lot Dimensions: 35X110
  • Acreage: 0.09
  • Map Side Numeric: 30
  • Map Top Alpha: AE
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $2,240.00
  • Winter Tax: Amount: $54.00

MLS Schools

  • School District: Ferndale City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2013
Closed on
Jun 16, 2014
Sold by
Shamuel Silvana
Bought by
Marsh Jereme Reed
Seller's Agent
Lori Davis
RE/MAX Vision
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$85,000
Sold Price
$72,000
Premium/Discount to List
-$13,000
-15.29%
Current Estimated Value
$255,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,971
Avg. Annual Appreciation
12.16%
Original Mortgage
$72,000
Outstanding Balance
$55,558
Interest Rate
4.2%
Mortgage Type
VA
Estimated Equity
$205,580

Purchase Details

Listed on
Nov 14, 2013
Closed on
Jun 11, 2014
Sold by
Harbour Portfolio Vi Lp and Reaves Thomas M
Bought by
Shamuel Silvana
Seller's Agent
Lori Davis
RE/MAX Vision
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$85,000
Sold Price
$72,000
Premium/Discount to List
-$13,000
-15.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Outstanding Balance
$55,558
Interest Rate
4.2%
Mortgage Type
VA
Estimated Equity
$205,580

Purchase Details

Closed on
Sep 23, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 16, 2010
Sold by
Thieda Mark A
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp
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
Marsh Jereme Reed $72,000 Liberty Title
Shamuel Silvana $40,600 None Available
Federal National Mortgage Association -- None Available
Bac Home Loans Servicing Lp $64,012 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marsh Jereme Reed $20,000
Open Marsh Jereme Reed $72,000
Previous Owner Thieda Mark A $66,000
Previous Owner Thieda Mark A $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2014 06/16/14 Sold $72,000 -15.3% $72 / Sq Ft
05/09/2014 05/09/14 Pending -- -- --
11/14/2013 11/14/13 For Sale $85,000 -- $85 / Sq Ft
Source: Michigan Multiple Listing Service

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 $3,201 $110,150 $0 $0
2023 $3,109 $105,160 $0 $0
2022 $3,124 $94,380 $0 $0
2021 $3,143 $89,600 $0 $0
2020 $2,980 $85,110 $0 $0
2019 $3,028 $79,980 $0 $0
2018 $3,039 $73,180 $0 $0
2017 $3,000 $72,900 $0 $0
2016 $2,963 $69,950 $0 $0
2015 -- $50,070 $0 $0
2014 -- $43,480 $0 $0
2011 -- $39,020 $0 $0
Source: Public Records

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31173611

Michigan Multiple Listing Service

APN: 25-35-303-036