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343 Spencer Street

343 Spencer Street, Ferndale, MI 48220
Property in Ferndale
Sold Feb 12, 2019
$203,000
$196,910 by Michigan State University Fcu
Mortgage Due Mar 01, 2049
Sold Jul 13, 2015
$142,000
$127,800 by Dba Mortgage Master National
Mortgage Due Jul 01, 2045
Local assessors in Ferndale, MI have categorized 343 Spencer Street as a residential type of property. The home was built in 1921 and is 103 years old. The property's lot size has been calculated to be 4,661 square feet. The linear feet between the front and back of the lot was measured at 1,150 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 9 rooms in the home. Of these, 4 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 are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 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 343 Spencer Street has a total of 1,547 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 321 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 gas. 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, 343 Spencer Street sold most recently in Feb 6, 2019 for a total of $203,000. If you work out the math, that's approximately a cost of $131.22 per sqft. Before that, the property was also sold for $142,000 in Jun 26, 2015. 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 $7,183 in taxes each year. 343 Spencer Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $144,470. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1921
  • Effective Year Built: 1921
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Style: Bungalow
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 893
  • Garage Type: Garage
  • Garage Square Area: 321
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,661
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,547
  • Building Area: 1,547
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,547
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STORMFELTZ-LOVELEY CO WOODWARD AVE SUB
  • Land Acres: 0.107
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T1N, R11E, SEC 34 STORMFELTZ-LOVELEY CO WOODWARD AVE SUB LOT 41, ALSO 1/2 OF VAC ALLEY ADJ TO SAME

Ownership

  • Current Owner : PRZEKLAS PHILLIP
  • Previous Owner : SIMONS ALFRED
  • Previous Owner 2: SIMONS EDIE G
  • Owner Before Previous Owner: FRANCIS OMARI A
  • 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: 24-25-34-430-048
  • Lot: 41
  • Meridian: SEC 34 TWN 01N RNG 11E
  • Municipality: FERNDALE CITY
  • Latitude: 42.4503
  • Longitude: -83.1234

    Address

  • Full Address: 343 Spencer St
  • Address - House Number: 343
  • Address - Street Name: Spencer
  • Address - Suffix Type: St
  • State: MI
  • City Name: Ferndale
  • Carrier Code: C026
  • 4-Digit Zip Code: 2575
  • Zip Code: 48220

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,183

    Appraisal Valuation

  • Standard Deviation: 0.245
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 65
  • Final Value: 284,093
  • High Value: 353,713
  • Low Value: 214,473

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $196,910
  • First Open Lien Mortgage Lender: MICHIGAN STATE UNIVERSITY FCU
  • First Open Lien Mortgage Recording Date: Feb 12, 2019
  • First Open Lien Mortgage Loan Amount: $196,910
  • 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: Mar 01, 2049

    Market Valuation

  • Market Total Value: $288,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $144,470

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 06, 2019
  • Current Sale Recording Date: Feb 12, 2019
  • Current Sale Transaction ID: 11571662906
  • Current Sale Price: $203,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 020933
  • Previous Sale Recording Date: Jul 13, 2015
  • Previous Sale Contract Date: Jun 26, 2015
  • Previous Sale Amount: $142,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MICHIGAN STATE UNIVERSITY FCU
  • First Mortgage Transaction Date: Feb 12, 2019
  • First Mortgage Loan Amount: $196,910
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: DBA MORTGAGE MASTER NATIONAL
  • Previous Mortgage Transaction Date: Jul 13, 2015
  • Previous Mortgage Loan Amount: $127,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2045

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Frequently Asked Questions

What neighborhood is 343 Spencer Street located in?
The 343 Spencer Street is a located in the neighborhood of Ferndale in Ferndale, Ferndale.
What is the average sales price for listings in 343 Spencer Street?
The average sales price for units in 343 Spencer Street is $0 currently.

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