NOT LISTED FOR SALE

914 Pearson St Ferndale, MI 48220

Estimated Value: $287,000 - $352,000

4 Beds
2 Baths
1,186 Sq Ft
$269/Sq Ft Est. Value

Last Sold February 09, 2023

Last sale price $256,000 $216 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,205/month

70 Days on Market

Highlights

  • Jetted Tub in Primary Bathroom
  • Covered Patio or Porch
  • Bungalow
  • No HOA
  • 2 Car Detached Garage
  • Awning

About This Home

As of February 2023

Beautiful remodeled Bungalow in a great location close to downtown Ferndale. Four bedrooms and two full bathrooms with a finished basement offers plenty of home to grow into. The covered porch enters into a spacious living area that floods light in from every direction. The living room features an eat-in breakfast bar that leads to the pass through kitchen. Entry level features two bedrooms with a full bath. Upstairs is a spacious master suite with a study and a bonus room. The finished basement features plenty of room to entertain with a vast full bathroom. The fenced in backyard holds a great deal of room with a patio space by the two car detached garage. Updates to home include: PVC sewer line to City sewer at street Dec 2021, Air conditioner 2021, Hot water heater 2021, Exterior vinyl paint 2021, resurfaced driveway to garage 2022.
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Last Agent to Sell the Property

Kevin Stewart

Stewart Team R E Partners Inc License #6506048651 Listed on: 11/09/2022

Last Buyer's Agent

Tony Moreno

Berkley Realty Group LLC License #6501378254

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x40x121x121
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage

Home Design

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

Interior Spaces

  • 1,186 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Awning
  • Finished Basement

Kitchen

  • Free-Standing Electric Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Ridgeway Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2533277019
  • $1,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,472

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 172.00
  • Year Built: 1926
  • State Equalized Value: 94790.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Jetted Tub
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Oven, Free-Standing Refrigerator, Washer
  • Total Sq Ft: 1186

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Awning/Overhang(s), Lighting, Fenced
  • Foundation Materials: Block
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved
  • Fencing: Back Yard, Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 40X40X121X121
  • Parcel Number: 2533277019

Tax Info

  • Tax Amount Summer: 4326.0000
  • Tax Amount Winter: 146.0000
  • Total Tax: 4472.0000
  • Taxable Value: 82370.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Feb 9, 2023
Sold by
Perry Richard
Bought by
Picard Wayne
Seller's Agent
Kevin Stewart
Stewart Team R E Partners Inc
Buyer's Agent
Tony Moreno
Berkley Realty Group LLC
List Price
$278,300
Sold Price
$256,000
Premium/Discount to List
-$22,300
-8.01%
Views
73
Current Estimated Value
$311,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,061
Avg. Annual Appreciation
7.81%
Original Mortgage
$230,400
Outstanding Balance
$222,101
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$97,482

Purchase Details

Closed on
Jul 10, 2021
Sold by
Richard Perry
Bought by
Perry Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 28, 2017
Closed on
Nov 17, 2017
Sold by
Greco Paul E
Bought by
Perry Richard
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Andrew Konopada
RE/MAX Classic
List Price
$207,900
Sold Price
$196,000
Premium/Discount to List
-$11,900
-5.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$186,200
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2003
Sold by
Wall Todd A
Bought by
Greco Paul E

Purchase Details

Closed on
Apr 9, 2001
Sold by
Secretary Of Veterans Af
Bought by
Asher Brian L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,200
Interest Rate
7.13%

Purchase Details

Closed on
Feb 9, 2001
Sold by
Asher Brian L
Bought by
Wall Todd A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,200
Interest Rate
7.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Picard Wayne $256,000 Sterling Title Agency
Perry Richard -- National Deed Network Inc
Perry Richard $196,000 None Available
Greco Paul E $160,000 Capital Title Ins Agency
Asher Brian L -- --
Wall Todd A $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Picard Wayne $230,400
Previous Owner Perry Richard $194,400
Previous Owner Perry Richard $186,200
Previous Owner Wall Todd A $91,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/09/2023 02/09/23 Sold $256,000 -3.3% $216 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
12/02/2022 12/02/22 Price Changed $264,700 -4.9% $223 / Sq Ft
11/09/2022 11/09/22 For Sale $278,300 +42.0% $235 / Sq Ft
11/17/2017 11/17/17 Sold $196,000 -5.7% $165 / Sq Ft View Prior Sale
10/10/2017 10/10/17 Pending -- -- --
09/28/2017 09/28/17 For Sale $207,900 -- $175 / 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
2025 $7,133 $136,180 $0 $0
2024 $6,842 $137,830 $0 $0
2023 $4,448 $109,030 $0 $0
2022 $4,475 $94,790 $0 $0
2021 $4,502 $91,470 $0 $0
2020 $4,264 $90,870 $0 $0
2019 $4,334 $87,120 $0 $0
2018 $4,351 $75,380 $0 $0
2017 $2,742 $67,030 $0 $0
2016 $2,707 $64,220 $0 $0
2015 -- $61,580 $0 $0
2014 -- $53,870 $0 $0
2011 -- $43,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221059936

Realcomp

APN: 25-33-277-019