NOT LISTED FOR SALE

8721 Northend Ave Ferndale, MI 48220

Estimated Value: $219,000

0.12 Acre
$1,825,000 Price per Acre
5,227 Sq Ft Lot

Last Sold February 03, 2023

Last sale price $8,000

Est. 2,638% increase in value since last sale

Current estimated payment $1,174/month

88 Days on Market

About This Lot

As of February 2023

Great opportunity to own this commercial lot near downtown Ferndale. Large lot in a fantastic location off a main road and close to local shops and restaurants. Welcome Home!

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 10/27/2022

Good Company

Last Buyer's Agent

Kimberly Giessler

Max Broock, REALTORS®-Bloomfield Hills License #RCO-6501376975

Max Broock, REALTORS®-Bloomfield Hills

Property Details

Property Type

  • Land

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 42.5x125

Community Details

  • Forest Grove Sub No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2533303042

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 6990.0000
  • AgentOnly_ListPriceByAcre: 83333.3300
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Paved

Utilities

  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 42.5X125
  • Parcel Number: 2533303042
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 287.0000
  • Tax Amount Winter: 281.0000
  • Total Tax: 568.0000
  • Taxable Value: 6990.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
Feb 3, 2023
Sold by
Cohen David W
Bought by
Smile Road Llc
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Kimberly Giessler
Max Broock, REALTORS®-Bloomfield Hills
List Price
$10,000
Sold Price
$8,000
Premium/Discount to List
-$2,000
-20%
Views
60
Current Estimated Value
$219,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,000
Avg. Annual Appreciation
220.71%

Purchase Details

Listed on
May 16, 2015
Closed on
May 20, 2016
Sold by
Silver James and Silver Stacey
Bought by
Cohen David W
Seller's Agent
James Silver
Keller Williams Somerset
Buyer's Agent
James Silver
Keller Williams Somerset
List Price
$9,500
Sold Price
$7,000
Premium/Discount to List
-$2,500
-26.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.01%

Purchase Details

Closed on
Oct 31, 2014
Sold by
Oakland County Treasurer
Bought by
Silver James

Purchase Details

Closed on
Oct 25, 2010
Sold by
Meisner Andrew E
Bought by
Naples Group Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Smile Road Llc $8,000 First American Title
Cohen David W $7,000 First American Title Ins Co
Silver James $1,500 None Available
Naples Group Llc $8,250 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/03/2023 02/03/23 Sold $8,000 -20.0% --
01/23/2023 01/23/23 Pending -- -- --
12/09/2022 12/09/22 For Sale $10,000 0.0% --
12/02/2022 12/02/22 Pending -- -- --
10/27/2022 10/27/22 For Sale $10,000 +42.9% --
05/20/2016 05/20/16 Sold $7,000 -26.3% -- View Prior Sale
05/20/2016 05/20/16 Pending -- -- --
05/16/2015 05/16/15 For Sale $9,500 -- --
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 $301 $7,330 $0 $0
2023 $301 $7,330 $0 $0
2022 $458 $6,990 $0 $0
2021 $382 $6,780 $0 $0
2020 $101 $6,780 $0 $0
2019 $625 $6,780 $0 $0
2017 $521 $6,780 $0 $0
2015 -- $6,780 $0 $0
2014 -- $6,780 $0 $0
2011 -- $8,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Shaffer

    Seller's Agent in 2023

    Jim Shaffer

    Good Company

    (248) 834-3030

    3,705 Total Sales

    Jim Shaffer
    Section Image
  • Kimberly Giessler

    Buyer's Agent in 2023

    Kimberly Giessler

    Max Broock, REALTORS®-Bloomfield Hills

    (248) 644-4700

    12 Total Sales

    Kimberly Giessler
    Section Image
  • James Silver

    Seller's Agent in 2016

    James Silver

    Keller Williams Somerset

    (248) 417-9617

    350 Total Sales

    James Silver
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20221055123

Realcomp

APN: 25-33-303-042

Michigan Oakland County Ferndale 48220

8721 Northend Ave, Ferndale, MI

Not Listed for Sale

Lots

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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