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1280 Pearson Street

1280 Pearson Street, Ferndale, MI 48220
House in Ferndale
Sold Nov 15, 2019
$212,500
$170,000 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2049
Sold Mar 22, 2013
$109,000
$107,025 by Success Mortgage Partners Inc
Mortgage Due Mar 01, 2043
Local assessors in Ferndale, MI have categorized 1280 Pearson Street as a residential type of property. The home was built in 1949 and is 75 years old. The property's lot size has been calculated to be 6,229 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 1 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1280 Pearson Street has a total of 1,091 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. The building has a gable or hip style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1280 Pearson Street was last sold in Nov 8, 2019 for $212,500. According to our calculations, that's $194.78 per sqft. Prior to that sales transaction, the property was sold for $109,000 in Feb 28, 2013. Current property owners are expected to pay $5,108 in taxes per year. The property on 1280 Pearson Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $111,520. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Aluminum Siding

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Style: Bungalow
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 888
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,229
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,091
  • Building Area: 1,091
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,091
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LEGGETT FARM SUB
  • Land Acres: 0.143
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T1N, R11E, SEC 33 LEGGETT FARM SUB LOT 8 BLK E

Ownership

  • Current Owner : KOWALSKI PAUL
  • Current Owner 2: KOWALSKI GREGORY
  • Previous Owner : BARTO JENNIFER L
  • Owner Before Previous Owner: BISHOP CHARLES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ferndale Public Schools
  • School Tax School District: 63020
  • Census Tract: 173300

Zoning

  • Zoning: RI

Geography

  • District: 24
  • Parcel: 24-25-33-251-037
  • Block: E
  • Lot: 8
  • Meridian: SEC 33 TWN 01N RNG 11E
  • Municipality: FERNDALE CITY
  • Latitude: 42.4561
  • Longitude: -83.1493

    Address

  • Full Address: 1280 Pearson St
  • Address - House Number: 1280
  • Address - Street Name: Pearson
  • Address - Suffix Type: St
  • State: MI
  • City Name: Ferndale
  • Carrier Code: C022
  • 4-Digit Zip Code: 1606
  • Zip Code: 48220

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,108

    Appraisal Valuation

  • Standard Deviation: 0.197
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 73
  • Final Value: 267,438
  • High Value: 320,132
  • Low Value: 214,743

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $170,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Nov 15, 2019
  • First Open Lien Mortgage Loan Amount: $170,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2049

    Market Valuation

  • Market Total Value: $223,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $111,520

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 08, 2019
  • Current Sale Recording Date: Nov 15, 2019
  • Current Sale Transaction ID: 11710505169
  • Current Sale Price: $212,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 191761
  • Previous Sale Recording Date: Mar 22, 2013
  • Previous Sale Contract Date: Feb 28, 2013
  • Previous Sale Amount: $109,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Nov 15, 2019
  • First Mortgage Loan Amount: $170,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: SUCCESS MORTGAGE PARTNERS INC
  • Previous Mortgage Transaction Date: Mar 22, 2013
  • Previous Mortgage Loan Amount: $107,025
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2043

About Ferndale



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Nearby Rentals

Unit for rent at

$1,500 /mo

  • Studio
  • 5,734 ft²
Listing by Miranda N Morrow
Unit for rent at

$1,450 /mo

  • 2 Beds
  • 1 Bath
  • 829 ft²
Listing by Danny Dedic
Unit for rent at

$1,500 /mo

  • Studio
  • 6,964 ft²
Listing by Miranda N Morrow
Unit for rent at

$1,450 /mo

  • 2 Beds
  • 1 Bath
  • 735 ft²
Listing by Christopher Aldrich
Unit for rent at

$1,400 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
Listing by Jennifer Stillwagon
Unit for rent at

$1,475 /mo

  • 3 Beds
  • 1 Bath
  • 912 ft²
Listing by Robert Coburn
Unit for rent at

$1,550 /mo

  • 3 Beds
  • 1 Bath
  • 988 ft²
Listing by Danny Dedic

Frequently Asked Questions

What neighborhood is 1280 Pearson Street located in?
The 1280 Pearson Street is a house located in the neighborhood of Ferndale in Ferndale, Ferndale.
What is the average sales price for listings in 1280 Pearson Street?
The average sales price for units in 1280 Pearson Street is $212,500 , or $195/sqft. currently.

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