Sold for $170,000

$170,000

1066 Pearson St, Ferndale, MI 48220

4beds

1,295sqft

Single Family Residence

Built in 1922

5,227.2 Square Feet Lot

$257,800 Zestimate^®

$131/sqft

$2,569 Estimated rent

Home value

$257,800

$217,000 - $299,000

$2,569/mo

Zestimate^® history

Owner options

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$2,569/mo

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$2,569/mo

Rent Zestimate^®

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$1,137/mo

Est. payment

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$1,137/mo

Est. payment

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What's special

Highest and Best deadline Sunday 6/30/24 at 12:00pm. This four-bedroom bungalow is situated in a prime location, within walking distance to Ferndale's beautiful downtown. The main floor offers a formal living room, dining room, kitchen, three bedrooms, a family room, and a full bath. The second floor includes a spacious bedroom and an additional flex room. The property features a full basement with a bathroom that requires renovation. This home presents an excellent opportunity for a flip or for a large family willing to invest in improvements. The price reflects the property condition. The buyer will take possession at closing "AS IS," including all items inside the house. Buyer and/or buyer's agent to verify all information.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Heating

Forced Air, Natural Gas

Features

Basement: Full,Unfinished
Has fireplace: No

Interior area

Total interior livable area: 1,295 sqft
Finished area above ground: 1,295

Property

Parking

Parking features: Driveway, No Garage

Features

Levels: One and One Half
Stories: 1
Entry location: GroundLevelwSteps
Pool features: None

Lot

Size: 5,227 sqft
Dimensions: 40 x 132.17

Details

Parcel number: 2533276020
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence

Materials

Vinyl Siding
Foundation: Basement, Block
Roof: Asphalt

Condition

New construction: No
Year built: 1922

Utilities & green energy

Sewer: Sewer At Street
Water: Community

Community & neighborhood

Location

Region: Ferndale
Subdivision: RIDGEWAY SUB

Other

Other facts

Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA

Price history

Date	Event	Price
7/17/2024	Sold	$170,000-22.7%$131/sqft
Source: Realcomp II #20240044101 Report a problem
7/1/2024	Pending sale	$220,000$170/sqft
Source: Realcomp II #20240044101 Report a problem
6/25/2024	Listed for sale	$220,000$170/sqft
Source: Realcomp II #20240044101 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,342 +3%	$114,350 +10%
2023	$2,273 -0.6%	$103,980 +16.2%
2022	$2,286 +2%	$89,470 +6.4%
2021	$2,241	$84,060 +5.2%
2020	--	$79,930 +6.7%
2019	$2,204 +0.9%	$74,880 +17.9%
2018	$2,183 +1.4%	$63,490 -0.2%
2017	$2,153	$63,640 +4.6%
2016	$2,153	$60,820 +4.4%
2015	--	$58,280 +13.8%
2014	--	$51,200 +22.8%
2011	--	$41,710 -11.1%
2010	$1,671 -0.4%	$46,930 -13.5%
2009	$1,677 +24.9%	$54,240 -42.3%
2005	$1,342	$94,060 +50.7%
2003	--	$62,410 +19.3%
2002	--	$52,310 +102%
2001	$1,377 +4.3%	$25,890 +3.2%
2000	$1,321	$25,090