NOT LISTED FOR SALE

861 Silman St Ferndale, MI 48220

Estimated Value: $198,000 - $240,000

2 Beds
1 Bath
896 Sq Ft
$247/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $205,000 $229 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,549/month

26 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Patio
  • No HOA
  • Porch
  • 2-minute walk to Fair Park

About This Home

As of October 2022

Stunning renovated ranch located in the heart of Ferndale. This home has been extensively updated over the painstaking period of 5 years. With a stunning setting situated next to Fair Park, the expansive almost 900 sq ft home is showcased by a cozy living room, open concept kitchen, updated bathroom, superior finishes & lighting and exquisite detailing throughout. This home offers refinished hardwood floors and an updated kitchen with cozy eating area. Enjoy the spacious bathroom and bedrooms. The outside offers a private patio that also leads to a 1 car garage. Showcasing a private serene ambiance, this sophisticated yet relaxed home is one-of-a-kind. Everything has been completely updated including kitchen and baths! Furnace (2012), AC (2016), Roof (2018), Porch (2018), Garage Door (2017), Garage Siding (2017), Appliances (2017), Basement Waterproofing (2022), Sewer Backflow Valve (2018). Walking distance to Maire Elementary.

Last Agent to Sell the Property

Brandon Curry

Signature Sotheby's International Realty Bham License #6501388008 Listed on: 09/02/2022

Signature Sotheby's International Realty Bham

Last Buyer's Agent

Robin Benzinger

KW Showcase Realty License #6501393172

KW Showcase Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1943 | Remodeled in 2020

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 35.00 x 104.00

Parking

  • 1 Car Detached Garage

Home Design

  • 896 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Location

  • Ground Level

Utilities

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

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 2535304046

Community Details

Overview

  • No Home Owners Association
  • C W Harrah's Ferndale Sub Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,853

Year Built

Built in 1943 | Remodeled in 2020

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 172.00
  • Year Built: 1943
  • State Equalized Value: 74000.0000
  • Year Renovated: 2020
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Washer
  • Total Sq Ft: 896

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Block
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

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)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.08
  • Lot Dimensions: 35.00 x 104.00
  • Parcel Number: 2535304046

Tax Info

  • Tax Amount Summer: 2762.0000
  • Tax Amount Winter: 91.0000
  • Total Tax: 2853.0000
  • Taxable Value: 49360.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Oct 7, 2022
Sold by
Rhodes Connie L
Bought by
Mcguire Aaron
Seller's Agent
Brandon Curry
Signature Sotheby's International Realty Bham
Buyer's Agent
Robin Benzinger
KW Showcase Realty
List Price
$199,990
Sold Price
$205,000
Premium/Discount to List
$5,010
2.51%
Views
21
Current Estimated Value
$221,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,016
Avg. Annual Appreciation
2.23%
Original Mortgage
$1,945,750
Outstanding Balance
$1,873,842
Interest Rate
6.66%
Estimated Equity
-$1,652,826

Purchase Details

Listed on
Jun 14, 2017
Closed on
Jul 28, 2017
Sold by
Stumar Llc
Bought by
Rhodes Connie L
Seller's Agent
Chad Hooks
Berkshire Hathaway HomeServices Kee Realty Bham
Buyer's Agent
Rex Berkeley
Signature Sotheby's International Realty Bham
List Price
$159,900
Sold Price
$145,000
Premium/Discount to List
-$14,900
-9.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%

Purchase Details

Listed on
Jan 1, 2012
Closed on
Jul 13, 2012
Sold by
Franklin Sandra K and Franklin Sandra
Bought by
Bieth Joseph
Seller's Agent
Dan Greene
Premier Realty REO
Buyer's Agent
Dan Greene
Premier Realty REO
List Price
$39,900
Sold Price
$39,000
Premium/Discount to List
-$900
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.76%

Purchase Details

Closed on
Jan 10, 2012
Sold by
Bieth Joseph
Bought by
Bd Kinney Properties Llc

Purchase Details

Closed on
May 18, 2006
Sold by
Estate Of Donald Ray Morgan and Flynn Timothy P
Bought by
Franklin Sandra K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcguire Aaron $205,000 Interstate Title
Rhodes Connie L $145,000 Devon Title Agency
Bieth Joseph $25,000 Greco Title Agency Llc
Bd Kinney Properties Llc -- None Available
Franklin Sandra K $72,500 Philip R Seaver Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcguire Aaron $1,945,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2022 10/07/22 Sold $205,000 +2.5% $229 / Sq Ft
09/29/2022 09/29/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $199,990 +37.9% $223 / Sq Ft
07/28/2017 07/28/17 Sold $145,000 -4.9% $207 / Sq Ft View Prior Sale
06/27/2017 06/27/17 Pending -- -- --
06/22/2017 06/22/17 Price Changed $152,500 -4.6% $217 / Sq Ft
06/14/2017 06/14/17 For Sale $159,900 +93.8% $228 / Sq Ft
04/20/2017 04/20/17 Sold $82,500 +3.8% $118 / Sq Ft View Prior Sale
04/13/2017 04/13/17 Pending -- -- --
04/12/2017 04/12/17 For Sale $79,500 +103.8% $113 / Sq Ft
07/15/2012 07/15/12 Sold $39,000 -2.3% $56 / Sq Ft View Prior Sale
07/01/2012 07/01/12 Pending -- -- --
01/01/2012 01/01/12 For Sale $39,900 -- $57 / Sq Ft
Source: Realcomp

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
2025 $4,968 $100,370 $0 $0
2024 $4,768 $96,740 $0 $0
2023 $4,636 $90,300 $0 $0
2022 $2,835 $79,860 $0 $0
2021 $2,852 $74,000 $0 $0
2020 $2,704 $70,720 $0 $0
2019 $2,747 $60,190 $0 $0
2018 $2,742 $46,390 $0 $0
2017 $2,028 $36,600 $0 $0
2016 $2,000 $31,060 $0 $0
2015 -- $28,170 $0 $0
2014 -- $24,450 $0 $0
2011 -- $39,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221036546

Realcomp

APN: 25-35-304-046

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