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361 College Street

361 College Street, Ferndale, MI 48220
Property in Ferndale
Sold Jul 02, 2013
$97,700
$92,800 by Main Street Bank
Mortgage Due Jun 01, 2043
Sold Mar 14, 1995
$49,900
$50,358 by Republic Bancorp Mtg Inc
Mortgage Due Mar 01, 2025
361 College Street in Ferndale, MI was first built in 1925 and is 99 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. 361 College Street has 897 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 400 ft and the linear feet between the front and back of the lot is 1,080. In total, the area measurement of the land is 4,356 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip 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. The exterior walls of the home are made of alum/vinyl siding. 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. 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, 361 College Street sold most recently in Jun 6, 2013 for a total of $97,700. If you work out the math, that's approximately a cost of $108.92 per sqft. Before that, the property was also sold for $49,900 in Feb 28, 1995. 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 $1,853 in taxes each year. 361 College Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $91,630. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1925
  • Effective Year Built: 1925
  • Total Rooms: 4
  • Bedroom Count: 2
  • 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: 897
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,356
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 400
  • Total Building Area: 897
  • Building Area: 897
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 897
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE LITTLE FARMS SUB
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T1N, R11E, SEC 34 THE LITTLE FARMS SUB W 40 FT OF LOT 58

Ownership

  • Current Owner : BUCKINGHAM ALEXANDER D
  • Previous Owner : BARRETT ROY
  • Previous Owner 2: BARRETT LISA
  • Owner Before Previous Owner: STEELE ROBERT D
  • 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: 24-25-34-205-044
  • Lot: 58
  • Meridian: SEC 34 TWN 01N RNG 11E
  • Municipality: FERNDALE CITY
  • Latitude: 42.4571
  • Longitude: -83.1282

    Address

  • Full Address: 361 College St
  • Address - House Number: 361
  • Address - Street Name: College
  • Address - Suffix Type: St
  • State: MI
  • City Name: Ferndale
  • Carrier Code: C006
  • 4-Digit Zip Code: 2850
  • Zip Code: 48220

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,853

    Appraisal Valuation

  • Standard Deviation: 0.2104
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 71
  • Final Value: 227,603
  • High Value: 275,511
  • Low Value: 179,694

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $92,800
  • First Open Lien Mortgage Lender: MAIN STREET BANK
  • First Open Lien Mortgage Recording Date: Jul 02, 2013
  • First Open Lien Mortgage Loan Amount: $92,800
  • 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: Jun 01, 2043

    Market Valuation

  • Market Total Value: $183,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $91,630

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 06, 2013
  • Current Sale Recording Date: Jul 02, 2013
  • Current Sale Transaction ID: 1152717341
  • Current Sale Price: $97,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 176457
  • Previous Sale Recording Date: Mar 14, 1995
  • Previous Sale Contract Date: Feb 28, 1995
  • Previous Sale Amount: $49,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MAIN STREET BANK
  • First Mortgage Transaction Date: Jul 02, 2013
  • First Mortgage Loan Amount: $92,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: REPUBLIC BANCORP MTG INC
  • Previous Mortgage Transaction Date: Mar 14, 1995
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $50,358
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2025

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Frequently Asked Questions

What neighborhood is 361 College Street located in?
The 361 College Street is a located in the neighborhood of Ferndale in Ferndale, Ferndale.
What is the average sales price for listings in 361 College Street?
The average sales price for units in 361 College Street is $0 currently.

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