NOT LISTED FOR SALE

970 Pearson St Ferndale, MI 48220

Estimated Value: $272,000 - $302,000

3 Beds
1.5 Baths
1,200 Sq Ft
$240/Sq Ft Est. Value

Last Sold October 28, 2024

Last sale price $255,000 $212 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,152/month

53 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of October 2024

Charming 1927 Colonial home located in the heart of Ferndale! The kitchen has been modernized with updated cabinets and granite countertops, offering both style and functionality. The Bathroom is finished with slate tiles and includes a large storage closet for added convenience. The home offers durable vinyl siding and windows, as well as newer HVAC and hot water heater. The deep, fenced yard provides ample space, with the potential to add a garage if desired.

Last Agent to Sell the Property

Matthew Bazner

Max Broock, REALTORS-Royal Oak License #6501361854 Listed on: 08/22/2024

Max Broock, REALTORS-Royal Oak

Last Buyer's Agent

Brett Ullmann

Top Agent Realty License #6501401000

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00 x 125.00

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Kitchen

  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Ridgeway Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2533277012
  • $3,500 Seller Concession

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 183.00
  • Year Built: 1927
  • State Equalized Value: 118010.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: 100 Amp Service, Circuit Breakers
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Washer
  • Total Sq Ft: 1200

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: Driveway

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)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00 x 125.00
  • Parcel Number: 2533277012

Tax Info

  • Tax Amount Summer: 7429.0000
  • Tax Amount Winter: 194.0000
  • Total Tax: 7623.0000
  • Taxable Value: 107360.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2024
Closed on
Oct 28, 2024
Sold by
Dam Tsig Foundation
Bought by
Alati Alexandria and York Justin
Seller's Agent
Matthew Bazner
Max Broock, REALTORS-Royal Oak
Buyer's Agent
Brett Ullmann
Top Agent Realty
List Price
$299,000
Sold Price
$255,000
Premium/Discount to List
-$44,000
-14.72%
Views
47
Current Estimated Value
$288,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,221
Avg. Annual Appreciation
10.47%
Original Mortgage
$242,250
Outstanding Balance
$239,073
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$49,148

Purchase Details

Listed on
Nov 14, 2018
Closed on
Jan 8, 2019
Sold by
Gagnon Richard R and Robert L Gagnon Living Trust
Bought by
Dam Tsig Foundation
Seller's Agent
Katie Hill
Real Estate One-Troy
Buyer's Agent
Katie Hill
Real Estate One-Troy
List Price
$216,900
Sold Price
$194,200
Premium/Discount to List
-$22,700
-10.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%

Purchase Details

Listed on
Oct 10, 2013
Closed on
Feb 21, 2014
Sold by
Thompson Jason and Thompson Elizabeth
Bought by
The Robert L Gagnon Living Trust
Seller's Agent
Cathy Champion
Sine & Monaghan LLC
Buyer's Agent
Katie Hill
Real Estate One Troy
List Price
$159,900
Sold Price
$135,000
Premium/Discount to List
-$24,900
-15.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%

Purchase Details

Closed on
Dec 29, 2006
Sold by
Marquardt Scott
Bought by
Thompson Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,366
Interest Rate
6.24%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 24, 1998
Sold by
Ivinskas David
Bought by
Marquardt Scott R

Purchase Details

Closed on
Sep 28, 1994
Sold by
Coleman Thomas J
Bought by
Ivinskas David
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
Alati Alexandria $255,000 Capital Title
Alati Alexandria $255,000 Capital Title
Dam Tsig Foundation $194,200 Etitle Agency Inc
The Robert L Gagnon Living Trust $124,500 Greco Title Agency Llc
Thompson Jason $144,500 Multiple
Marquardt Scott R $123,000 --
Ivinskas David $61,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alati Alexandria $242,250
Closed Alati Alexandria $242,250
Previous Owner Thompson Jason $143,366
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2024 10/28/24 Sold $255,000 -5.2% $213 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
09/23/2024 09/23/24 Price Changed $269,000 -6.9% $224 / Sq Ft
09/12/2024 09/12/24 Price Changed $289,000 -3.3% $241 / Sq Ft
08/22/2024 08/22/24 For Sale $299,000 +54.0% $249 / Sq Ft
01/08/2019 01/08/19 Sold $194,200 -10.5% $162 / Sq Ft View Prior Sale
01/01/2019 01/01/19 Pending -- -- --
11/14/2018 11/14/18 For Sale $216,900 0.0% $181 / Sq Ft
11/15/2016 11/15/16 Rented $1,400 0.0% --
11/12/2016 11/12/16 Under Contract -- -- --
11/04/2016 11/04/16 For Rent $1,400 0.0% --
02/24/2014 02/24/14 Sold $135,000 -15.6% $113 / Sq Ft View Prior Sale
12/30/2013 12/30/13 Pending -- -- --
10/10/2013 10/10/13 For Sale $159,900 -- $133 / 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 $7,919 $125,770 $0 $0
2024 $7,681 $126,940 $0 $0
2023 $7,429 $118,010 $0 $0
2022 $7,372 $102,470 $0 $0
2021 $7,347 $98,990 $0 $0
2020 $7,093 $98,560 $0 $0
2019 $4,934 $94,550 $0 $0
2018 $4,921 $80,690 $0 $0
2017 $4,849 $81,090 $0 $0
2016 $4,795 $77,800 $0 $0
2015 -- $62,450 $0 $0
2014 -- $54,960 $0 $0
2011 -- $42,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240061880

Realcomp

APN: 25-33-277-012