NOT LISTED FOR SALE

986 Alberta St Ferndale, MI 48220

Estimated Value: $257,000 - $325,000

3 Beds
1 Bath
1,247 Sq Ft
$224/Sq Ft Est. Value

Last Sold April 21, 2017

Last sale price $180,000 $144 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,826/month

5 Days on Market

Highlights

  • Corner Lot
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • No HOA
  • Bungalow
  • Fenced

About This Home

As of April 2017

What a great time to own a home in Ferndale! This bungalow sits on a fenced corner lot with a gorgeous backyard that you will love to spend your summers in. With 9 Mile and Woodward just minutes away you can easily enjoy what the wonderful city of Ferndale has to offer. Inside, you'll find original hardwood floors throughout most of the first floor. Your living room has a very cozy natural fireplace for you to cozy up to in the frigid Michigan winters. First floor full bathroom. Nicely updated kitchen. Very nice curb appeal! This is a great home for homeowners and investors. Hurry and make an appointment today because homes in Ferndale do not last long!

Last Agent to Sell the Property

Ryan Lane

@properties Christie's Int'l R.E. Birmingham License #6501387972 Listed on: 03/17/2017

@properties Christie's Int'l R.E. Birmingham

Last Buyer's Agent

Tim Gilson

Good Company License #6501301644

Good Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1926 | Remodeled in 1995

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 35x145
  • Property fronts a private road
  • Fenced
  • Corner Lot

Home Design

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

Interior Spaces

  • 1,247 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Maple Ridge Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2533427001
  • $1,800 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,376

Year Built

Built in 1926 | Remodeled in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 154
  • Year Built: 1926
  • Year Renovated: 1995
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 1247

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exclusions: Yes
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Porch Type: Porch - Covered
  • Road Frontage Type: Private

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air, Wall Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1624166.6667
  • Lot Features: Corner Lot
  • Lot Size Area: 0.12
  • Lot Dimensions: 35X145
  • Parcel Number: 2533427001

Tax Info

  • Tax Amount Summer: 2304.0000
  • Tax Amount Winter: 72.0000
  • Total Tax: 2376.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2002
Sold by
Blackwell Mark E
Bought by
Blackwell Mark E
Current Estimated Value
$279,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.14%

Purchase Details

Closed on
Mar 21, 1997
Sold by
Nance David G
Bought by
Blackwell Mark E
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
Blackwell Mark E -- --
Blackwell Mark E $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blackwell Mark E $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2017 04/21/17 Sold $180,000 -7.6% $144 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $194,900 -- $156 / 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 $4,529 $111,710 $0 $0
2024 $4,347 $112,380 $0 $0
2023 $4,226 $103,970 $0 $0
2022 $4,251 $90,200 $0 $0
2021 $4,277 $86,660 $0 $0
2020 $4,051 $85,860 $0 $0
2019 $4,118 $82,020 $0 $0
2018 $4,134 $71,460 $0 $0
2017 $2,461 $55,310 $0 $0
2016 $2,429 $52,750 $0 $0
2015 -- $50,500 $0 $0
2014 -- $44,350 $0 $0
2011 -- $38,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217019945

Realcomp

APN: 25-33-427-001