Check Availability

493 Pearson Street

493 Pearson Street, Ferndale, MI 48220
Property in Ferndale
Sold Aug 05, 2009
$190,000
$183,000 by Dfcu Financial
Mortgage Due May 01, 2036
Sold May 18, 2004
$226,000
Seller
493 Pearson Street in Ferndale, MI was first built in 1924 and is 100 years old. Although, the building on the property was most recently renovated and altered in 2001. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. It is a single story home. There are a total of 9 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 493 Pearson Street has 1,519 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 900. In total, the area measurement of the land is 3,615 square feet.

Learn more about the property and building on this page. 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. For those who need parking, there is a garage. The garage is 440 sqft. There are a total of 2 available parking spaces. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 493 Pearson Street sold most recently in Jul 31, 2009 for a total of $190,000. If you work out the math, that's approximately a cost of $125.08 per sqft. Before that, the property was also sold for $226,000 in Dec 10, 2003. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,791 in taxes each year. 493 Pearson Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $143,140. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1924
  • Effective Year Built: 2001
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Style: Contemporary
  • 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: 901
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,615
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,519
  • Building Area: 1,519
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,519
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GREENWOOD
  • Land Acres: 0.083
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T1N, R11E, SEC 34 ADD TO GREENWOOD PK LOT 233

Ownership

  • Current Owner : WEST JONATHAN
  • Previous Owner : REDMOND RUDY CHRISTOPHER
  • Previous Owner 2: REDMOND JULIE LENZ
  • Owner Before Previous Owner: BOW JOHN S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ferndale Public Schools
  • School Tax School District: 63020
  • Census Tract: 173400

Zoning

  • Zoning: RI

Geography

  • District: 24
  • Parcel: 24-25-34-176-001
  • Lot: 233
  • Meridian: SEC 34 TWN 01N RNG 11E
  • Municipality: FERNDALE CITY
  • Latitude: 42.4562
  • Longitude: -83.1377

    Address

  • Full Address: 493 Pearson St
  • Address - House Number: 493
  • Address - Street Name: Pearson
  • Address - Suffix Type: St
  • State: MI
  • City Name: Ferndale
  • Carrier Code: C006
  • 4-Digit Zip Code: 3309
  • Zip Code: 48220

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,791

    Appraisal Valuation

  • Standard Deviation: 0.1881
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 75
  • Final Value: 384,720
  • High Value: 457,117
  • Low Value: 312,323

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $183,000
  • First Open Lien Mortgage Lender: DFCU FINANCIAL
  • First Open Lien Mortgage Recording Date: Apr 20, 2021
  • First Open Lien Mortgage Loan Amount: $183,000
  • 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: May 01, 2036

    Market Valuation

  • Market Total Value: $286,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $143,140

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 31, 2009
  • Current Sale Recording Date: Aug 05, 2009
  • Current Sale Transaction ID: 1105871501
  • Current Sale Price: $190,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 141272
  • Previous Sale Recording Date: May 18, 2004
  • Previous Sale Contract Date: Dec 10, 2003
  • Previous Sale Amount: $226,000
  • Previous Sale Document Type: Warranty Deed

About Ferndale



Similar Buildings

Property at 493 Pearson Street,

735 West Hazelhurst Street

  • 1 Unit for Sale
735 West Hazelhurst Street, Ferndale, MI 48220
Property at 493 Pearson Street,

750 Allen Street

  • 1 Unit for Sale
750 Allen Street, Ferndale, MI 48220
Property at 493 Pearson Street,

320 West Troy Street

  • 1 Unit for Sale
320 West Troy Street, Ferndale, MI 48220
Property at 493 Pearson Street,

211 Academy Street

  • 1 Unit for Sale
211 Academy Street, Ferndale, MI 48220
Property at 493 Pearson Street,

1505 Dover Street

  • 1 Unit for Sale
1505 Dover Street, Ferndale, MI 48220
Property at 493 Pearson Street,

211 East 9 Mile Road

  • 1 Unit for Sale
211 East 9 Mile Road, Ferndale, MI 48220
Property at 493 Pearson Street,

522 Allen Street

  • 1 Unit for Sale
522 Allen Street, Ferndale, MI 48220
Property at 493 Pearson Street,

644 Stratford Road

  • 1 Unit for Sale
644 Stratford Road, Ferndale, MI 48220
Property at 493 Pearson Street,

233 East Breckenridge Street

  • 1 Unit for Sale
233 East Breckenridge Street, Ferndale, MI 48220

Nearby Rentals

Unit for rent at 2164 Mapledale Street, Ferndale, MI, 48220

$1,550 /mo

  • 3 Beds
  • 1 Bath
  • 881 ft²
2164 Mapledale Street, Ferndale, MI, 48220 Listing by Johnathon Sesi
Unit for rent at 19929 Wyoming Street, Detroit, MI, 48221

$1,375 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,176 ft²
19929 Wyoming Street, Detroit, MI, 48221 Listing by Mark Knight
Unit for rent at 376 E Cambourne Street, Ferndale, MI, 48220

$1,400 /mo

  • 2 Beds
  • 1 Bath
  • 1,279 ft²
376 E Cambourne Street, Ferndale, MI, 48220 Listing by Jacqueline M Sinishtaj
Unit for rent at 18090 Northlawn Street, Detroit, MI, 48221

$1,475 /mo

  • 3 Beds
  • 1 Bath
  • 2,948 ft²
18090 Northlawn Street, Detroit, MI, 48221 Listing by Salliece McCain
Unit for rent at 790 Jewell (lower) Street, Ferndale, MI, 48220

$1,495 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
790 Jewell (Lower) Street, Ferndale, MI, 48220 Listing by James T Silver
Unit for rent at 563 W Golden Gate Street, Detroit, MI, 48203

$1,350 /mo

  • 3 Beds
  • 1 Bath
  • 1,240 ft²
563 W Golden Gate Street, Detroit, MI, 48203 Listing by Andrew Sygit

Frequently Asked Questions

What neighborhood is 493 Pearson Street located in?
The 493 Pearson Street is a located in the neighborhood of Ferndale in Ferndale, Ferndale.
What is the average sales price for listings in 493 Pearson Street?
The average sales price for units in 493 Pearson Street is $0 currently.

Quantcast