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389 Channing Street

389 Channing Street, Ferndale, MI 48220
Property in Ferndale
Sold Dec 07, 2016
$205,000
$198,850 by Quicken Loans Inc
Mortgage Due Dec 01, 2046
Sold Mar 28, 2016
$76,500
389 Channing 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 1938 and is 86 years old. However, we must point out that the home was most recently renovated and altered in 2016. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 389 Channing Street has 1,337 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 1,110 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 4,443 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. 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 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, 389 Channing Street sold most recently in Dec 1, 2016 for a total of $205,000. If you work out the math, that's approximately a cost of $153.33 per sqft. Before that, the property was also sold for $76,500 in Mar 4, 2016. 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 $4,948 in taxes each year. 389 Channing Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $125,070. 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: 1938
  • Effective Year Built: 2016
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • 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: 682
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,443
  • Lot Size Depth Feet: 1,110
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,337
  • Building Area: 1,337
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,337
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STORMFELTZ-LOVELEY CO WOODWARD AVE SUB
  • Land Acres: 0.102
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T1N, R11E, SEC 34 STORMFELTZ-LOVELEY CO WOODWARD AVE SUB LOT 213, ALSO 1/2 OF VAC ALLEY ADJ TO SAME

Ownership

  • Current Owner : BREEN TIMOTHY M
  • Previous Owner : KENDALL CUSTOM HOMES LLC
  • Previous Owner 2: COBURN ROBERT E
  • Owner Before Previous Owner: B&M ACQUISITON LLC
  • Owner Before Previous Owner 2: ABBRUZZESE MARK R
  • 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: 24-25-34-427-059
  • Lot: 213
  • Meridian: SEC 34 TWN 01N RNG 11E
  • Municipality: FERNDALE CITY
  • Latitude: 42.4529
  • Longitude: -83.1243

    Address

  • Full Address: 389 Channing St
  • Address - House Number: 389
  • Address - Street Name: Channing
  • Address - Suffix Type: St
  • State: MI
  • City Name: Ferndale
  • Carrier Code: C021
  • 4-Digit Zip Code: 2555
  • Zip Code: 48220

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,948

    Appraisal Valuation

  • Standard Deviation: 0.197
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 73
  • Final Value: 297,615
  • High Value: 356,255
  • Low Value: 238,974

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $248,850
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Dec 07, 2016
  • First Open Lien Mortgage Loan Amount: $198,850
  • 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: Dec 01, 2046
  • Second Open Lien Mortgage Lender: DFCU FINANCIAL
  • Second Open Lien Mortgage Recording Date: Oct 28, 2022
  • Second Open Lien Mortgage Loan Amount: $50,000
  • 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: $250,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $125,070

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 01, 2016
  • Current Sale Recording Date: Dec 07, 2016
  • Current Sale Transaction ID: 1906996413
  • Current Sale Price: $205,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 232287
  • Previous Sale Recording Date: Mar 28, 2016
  • Previous Sale Contract Date: Mar 04, 2016
  • Previous Sale Amount: $76,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Dec 07, 2016
  • First Mortgage Loan Amount: $198,850
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2046

About Ferndale



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Frequently Asked Questions

What neighborhood is 389 Channing Street located in?
The 389 Channing Street is a located in the neighborhood of Ferndale in Ferndale, Ferndale.
What is the average sales price for listings in 389 Channing Street?
The average sales price for units in 389 Channing Street is $0 currently.

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