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309 Silman Street

309 Silman Street, Ferndale, MI 48220
Property in Ferndale
Sold Mar 21, 2014
$127,500
$102,000 by Morgan Stanley Private Bank Na
Mortgage Due Apr 01, 2044
Sold Jul 31, 2013
$46,700
Local assessors in Ferndale, MI have categorized 309 Silman Street as a residential type of property. The home was built in 1938 and is 86 years old. The property's lot size has been calculated to be 5,184 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 400 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 5 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 309 Silman Street has a total of 1,127 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 283 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 oil. The property was last sold in Mar 10, 2014 for $127,500. That's $113.13 per sqft. Prior to that sales transaction, the property was also sold in Jul 12, 2013 for $46,700. 309 Silman Street was last assessed in 2023. The total value of the property was assessed at $114,560. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,516. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Total Rooms: 5
  • 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: 910
  • Garage Type: Garage
  • Garage Square Area: 283
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,184
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,127
  • Building Area: 1,127
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,127
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STORMFELTZ-LOVELEY CO WOODWARD AVE SUB
  • Land Acres: 0.119
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T1N, R11E, SEC 34 STORMFELTZ-LOVELEY CO WOODWARD AVE SUB LOT 139, ALSO 1/2 OF VAC ALLEY ADJ TO SAME

Ownership

  • Current Owner : MOORE JOSHUA E
  • Previous Owner : STUMAR LLC
  • Previous Owner 2: FELDMAN STUART
  • Owner Before Previous Owner: LEHR MARK
  • Owner Before Previous Owner 2: LEHR PATRICIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ferndale Public Schools
  • School Tax School District: 63020
  • Census Tract: 173500

Zoning

  • Zoning: RI

Geography

  • District: 24
  • Parcel: 24-25-34-428-044
  • Lot: 139
  • Meridian: SEC 34 TWN 01N RNG 11E
  • Municipality: FERNDALE CITY
  • Latitude: 42.4521
  • Longitude: -83.1257

    Address

  • Full Address: 309 Silman St
  • Address - House Number: 309
  • Address - Street Name: Silman
  • Address - Suffix Type: St
  • State: MI
  • City Name: Ferndale
  • Carrier Code: C021
  • 4-Digit Zip Code: 2508
  • Zip Code: 48220

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,516

    Appraisal Valuation

  • Standard Deviation: 0.2032
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 72
  • Final Value: 268,319
  • High Value: 322,845
  • Low Value: 213,792

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $217,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Mar 21, 2014
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $102,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2044
  • Second Open Lien Mortgage Lender: CREDIT UNION 1
  • Second Open Lien Mortgage Recording Date: Jun 12, 2023
  • Second Open Lien Mortgage Loan Amount: $115,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $229,120

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,560

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 10, 2014
  • Current Sale Recording Date: Mar 21, 2014
  • Current Sale Transaction ID: 1185485618
  • Current Sale Price: $127,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 46625
  • Previous Sale Recording Date: Jul 31, 2013
  • Previous Sale Contract Date: Jul 12, 2013
  • Previous Sale Amount: $46,700
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Mortgage Transaction Date: Mar 21, 2014
  • First Mortgage Loan Amount: $102,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Apr 01, 2044

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 309 Silman Street located in?
The 309 Silman Street is a located in the neighborhood of Ferndale in Ferndale, Ferndale.
What is the average sales price for listings in 309 Silman Street?
The average sales price for units in 309 Silman Street is $0 currently.

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