Seller's Agent in 2024
Chelsea Thomas
Real Broker Birmingham
3 in this area
30 Total Sales
281 Ardmore Dr Ferndale, MI 48220
Estimated Value: $253,000 - $293,000
3
Beds
2
Baths
1,150
Sq Ft
$243/Sq Ft
Est. Value
About This Home
As of January 2024This Charming two-unit home is just steps from Downtown Ferndale and only minutes away from Downtown Royal Oak. Sitting on an oversized lot, this home is perfect for living in one unit and renting the other unit. Close to 9 mile, I-75 and 696. This multi-family home is completely turn-key and ready to live in! Don't miss your chance at an amazing investment opportunity!
Upper unit is curently tenant occupied and will only be available to view after accepted offer. The photos of the upper unit are the cream-colored walls. Grey walls is bottom unit. Upper unit being rented out for $825 currently but could likely get $1,000. Lower unit is vacant.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1926
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 73x108
Parking
- Garage
Home Design
- Block Foundation
Interior Spaces
- 2 Full Bathrooms
- 1,150 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 2534203044
Community Details
Overview
- 2 Units
- The Little Farms Sub Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 27, 2023
Closed on
Jan 29, 2024
Sold by
Ahler Holdings Llc
Bought by
Bordeaux Kollette
Seller's Agent
Chelsea Thomas
Real Broker Birmingham
Buyer's Agent
Karriem Hunter
Good Company
List Price
$290,000
Sold Price
$245,000
Premium/Discount to List
-$45,000
-15.52%
Total Days on Market
83
Views
177
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,026
Avg. Annual Appreciation
11.06%
Purchase Details
Closed on
Sep 18, 2019
Sold by
Abler Properties Llc
Bought by
Abler Ryan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Feb 4, 2019
Closed on
Mar 1, 2019
Sold by
Truesdail Doug
Bought by
Ahler Properties Llc
Seller's Agent
Robert Coburn
RE/MAX First
Buyer's Agent
Ron Rocz
Real Broker Birmingham
List Price
$195,000
Sold Price
$190,000
Premium/Discount to List
-$5,000
-2.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Purchase Details
Closed on
Feb 1, 2016
Sold by
Truesdail Abeer
Bought by
Truesdail Doug
Purchase Details
Closed on
Dec 15, 1997
Sold by
Stastny Joseph D
Bought by
Truesdail Douglas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,700
Interest Rate
7.18%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bordeaux Kollette | $245,000 | Ata National Title | |
| Abler Ryan | -- | None Available | |
| Ahler Properties Llc | $190,000 | Devon Title Agency | |
| Truesdail Doug | -- | Attorney | |
| Truesdail Douglas | $83,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ahler Ryan | $110,000 | |
| Previous Owner | Truesdail Douglas | $64,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/29/2024 01/29/24 | Sold | $245,000 | -6.8% | $213 / Sq Ft |
| 01/18/2024 01/18/24 | Pending | -- | -- | -- |
| 12/21/2023 12/21/23 | Price Changed | $263,000 | -0.8% | $229 / Sq Ft |
| 12/05/2023 12/05/23 | Price Changed | $265,000 | -3.6% | $230 / Sq Ft |
| 11/08/2023 11/08/23 | Price Changed | $275,000 | -5.2% | $239 / Sq Ft |
| 10/27/2023 10/27/23 | For Sale | $290,000 | +52.6% | $252 / Sq Ft |
| 03/01/2019 03/01/19 | Sold | $190,000 | -2.6% | $165 / Sq Ft |
| 02/09/2019 02/09/19 | Pending | -- | -- | -- |
| 02/04/2019 02/04/19 | For Sale | $195,000 | -- | $170 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $7,788 | $142,140 | $0 | $0 |
| 2023 | $7,524 | $135,640 | $0 | $0 |
| 2022 | $7,460 | $122,050 | $0 | $0 |
| 2021 | $7,435 | $106,250 | $0 | $0 |
| 2020 | $7,115 | $97,200 | $0 | $0 |
| 2019 | $3,161 | $86,060 | $0 | $0 |
| 2018 | $3,150 | $71,090 | $0 | $0 |
| 2017 | $3,105 | $68,600 | $0 | $0 |
| 2016 | $3,068 | $56,090 | $0 | $0 |
| 2015 | -- | $48,190 | $0 | $0 |
| 2014 | -- | $41,740 | $0 | $0 |
| 2011 | -- | $49,390 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Chelsea Thomas
-
Ron Rocz
Seller Co-Listing Agent in 2024
Ron Rocz
Real Broker Birmingham
(248) 291-7629
5 in this area
49 Total Sales
-
Karriem Hunter
Buyer's Agent in 2024
Karriem Hunter
Good Company
(734) 231-1413
1 in this area
66 Total Sales
-
Robert Coburn
Seller's Agent in 2019
Robert Coburn
RE/MAX of Southeast Michigan
(586) 662-4444
26 in this area
243 Total Sales
Map
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Source: Realcomp
MLS Number: 20230079691
APN: 25-34-203-044
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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