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1557 Pearson Street

1557 Pearson Street, Ferndale, MI 48220
Property in Ferndale
Sold Jun 05, 2015
$88,775
$71,020 by Quicken Loans Inc
Mortgage Due Jul 01, 2045
Sold Sep 09, 2003
$65,000
1557 Pearson Street has been categorized by the local assessors in Ferndale, MI as a residential type of property. The building on the property was first built in 1924 and is 100 years old. The home has a total of 4 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1557 Pearson Street has 780 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,229 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 416 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1557 Pearson Street sold most recently in Jun 3, 2015 for a total of $88,775. If you work out the math, that's approximately a cost of $113.81 per sqft. Before that, the property was also sold for $65,000 in Jan 29, 2003. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,644 in taxes each year. 1557 Pearson Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $85,200. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Total Rooms: 4
  • 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: 108
  • Garage Type: Garage
  • Garage Square Area: 416
  • Parking Space Count: 2
  • 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: 780
  • Building Area: 780
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 780
  • 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 6 BLK L

Ownership

  • Current Owner : EDWARDS WILLIAM F
  • Current Owner 2: WATT NATASHA
  • Previous Owner : STEDMAN COREY S
  • Previous Owner 2: STEDMAN LAURA
  • Owner Before Previous Owner: DUNNING DEANA I
  • Ownership Rights Codes: Revocable Living Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: RI

Geography

  • District: 24
  • Parcel: 24-25-33-177-019
  • Block: L
  • Lot: 6
  • Meridian: SEC 33 TWN 01N RNG 11E
  • Municipality: FERNDALE CITY
  • Latitude: 42.4556
  • Longitude: -83.1535

    Address

  • Full Address: 1557 Pearson St
  • Address - House Number: 1557
  • Address - Street Name: Pearson
  • Address - Suffix Type: St
  • State: MI
  • City Name: Ferndale
  • Carrier Code: C022
  • 4-Digit Zip Code: 1647
  • Zip Code: 48220

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,644

    Appraisal Valuation

  • Standard Deviation: 0.3401
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 31
  • Final Value: 93,655
  • High Value: 125,515
  • Low Value: 61,794

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $71,020
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Jun 05, 2015
  • First Open Lien Mortgage Loan Amount: $71,020
  • 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: Jul 01, 2045

    Market Valuation

  • Market Total Value: $170,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $85,200

    Sales

  • Current Sale Contract Date: Jun 03, 2015
  • Current Sale Recording Date: Jun 05, 2015
  • Current Sale Transaction ID: 1209383821
  • Current Sale Price: $88,775
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 116097
  • Previous Sale Recording Date: Sep 09, 2003
  • Previous Sale Contract Date: Jan 29, 2003
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Jun 05, 2015
  • First Mortgage Loan Amount: $71,020
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2045

About Ferndale



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Frequently Asked Questions

What neighborhood is 1557 Pearson Street located in?
The 1557 Pearson Street is a located in the neighborhood of Ferndale in Ferndale, Ferndale.
What is the average sales price for listings in 1557 Pearson Street?
The average sales price for units in 1557 Pearson Street is $0 currently.

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