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3129 Ferris Avenue

3129 Ferris Avenue, Royal Oak, MI 48073
Property in Royal Oak
Sold Nov 10, 2014
$174,000
$100,000 by Michigan Schools & Government
Mortgage Due Nov 04, 2029
Sold Sep 08, 2005
$197,000
$157,600 by Country Bank
Mortgage Due Jul 01, 2035
3129 Ferris Avenue in Royal Oak, MI was first built in 1949 and is 75 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 3129 Ferris Avenue has 940 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 440 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 5,968 square feet.

Learn more about the property and building on this page. There is a covered porch. The home has a gable style roof made of asphalt. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 497 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. The property was last sold in Oct 17, 2014 for $174,000. That's $185.11 per sqft. Prior to that sales transaction, the property was also sold in Jun 9, 2005 for $197,000. 3129 Ferris Avenue was last assessed in 2018. The total value of the property was assessed at $82,310. 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 $3,267. 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: 1949
  • Effective Year Built: 1949
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Brick
  • Building Style: Bungalow
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 718
  • Garage Type: Garage
  • Garage Square Area: 497
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 5,968
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 440
  • Total Building Area: 940
  • Building Area: 940
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 940
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RED FUN HEIGHTS SUBDIVISION #1
  • Land Acres: 0.137
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T1N, R11E, SEC 10 RED RUN HTS SUB NO 1 LOT 342

Ownership

  • Current Owner : RICHARDS RYAN P
  • Previous Owner : GURSKI LAUREN
  • Owner Before Previous Owner: BATES DANIELLE
  • Owner Before Previous Owner 2: BATES JASON D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Royal Oak City School District
  • School Tax School District: 230
  • Census Tract: 183800

Zoning

  • Zoning: RI

Geography

  • District: 72
  • Parcel: 72-25-10-202-020
  • Lot: 342
  • Meridian: SEC 10 TWN 1N RNG 11E
  • Municipality: ROYAL OAK CITY
  • Latitude: 42.5184
  • Longitude: -83.1324

    Address

  • Full Address: 3129 Ferris Ave
  • Address - House Number: 3129
  • Address - Street Name: Ferris
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Royal Oak
  • Carrier Code: C121
  • 4-Digit Zip Code: 3524
  • Zip Code: 48073

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,267

    Appraisal Valuation

  • Standard Deviation: 0.1901
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 74
  • Final Value: 289,272
  • High Value: 344,279
  • Low Value: 234,266

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: MICHIGAN SCHOOLS & GOVERNMENT
  • First Open Lien Mortgage Recording Date: Nov 10, 2014
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 04, 2029

    Market Valuation

  • Market Total Value: $164,620

    Assessments Valuation

  • Assessed Year: 2018
  • Assessed Total Value: $82,310

    Sales

  • Current Sale Contract Date: Oct 17, 2014
  • Current Sale Recording Date: Nov 10, 2014
  • Current Sale Transaction ID: 1185575980
  • Current Sale Price: $174,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 218167
  • Previous Sale Recording Date: Sep 08, 2005
  • Previous Sale Contract Date: Jun 09, 2005
  • Previous Sale Amount: $197,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MICHIGAN SCHOOLS & GOVERNMENT
  • First Mortgage Transaction Date: Nov 10, 2014
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 04, 2029

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRY BANK
  • Previous Mortgage Transaction Date: Sep 08, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $157,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2035

About Royal Oak



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Frequently Asked Questions

What neighborhood is 3129 Ferris Avenue located in?
The 3129 Ferris Avenue is a located in the neighborhood of Royal Oak in Royal Oak, Royal Oak.
What is the average sales price for listings in 3129 Ferris Avenue?
The average sales price for units in 3129 Ferris Avenue is $0 currently.

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