Sold for $400,000 on 07/28/23
$400,000
47 Fairwood Blvd, Pleasant Ridge, MI 48069
4beds
1,765sqft
Multi Family
Built in 1927
-- sqft lot
$448,500 Zestimate®
$227/sqft
$1,878 Estimated rent
Home value
$448,500
$426,000 - $475,000
$1,878/mo
Zestimate® history
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What's special
Rare duplex in highly desirable Pleasant Ridge for sale! This home was built as a multifamily and was not converted into a duplex later on like most comps. Both units are 2 bedrooms with 1 full bath. They have a formal dining room, great size living room and lovely updated kitchens! All renovations were completed in 2021, including but not limited to; brand new kitchens x2, new appliances, bathroom upgrades, new LVP flooring in lower unit bedrooms, exposed real hardwood flooring throughout both units, new porch railing and front porch lighting, etc. Both units are occupied with cash flowing tenants and up to date leases. Rental permit is current. See agent notes and MLS ticket for more information on rental rates and NOI. 871 square foot shared basement includes laundry facilities and storage. 2 car detached garage. Yard is partially fenced. Low maintenance vinyl siding and lovely curb appeal. Tenants enjoy the amenities Pleasant Ridge has to offer; Public pool, gym, walking trials and minutes to downtown Ferndale! Make this duplex the next addition to your rental portfolio today!
Zillow last checked: 8 hours ago
Listing updated: August 29, 2023 at 02:54pm
Listed by:
Katherine Nolff 248-909-9401,
The Brokerage Real Estate Enthusiasts
Bought with:
Katherine Nolff, 6501392126
The Brokerage Real Estate Enthusiasts
Source: Realcomp II,MLS#: 20230027380
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 1,765 sqft
- Finished area above ground: 1,765
Property
Parking
- Total spaces: 2
- Parking features: Garage, Shared Driveway
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Exterior features: Lighting
- Pool features: None
Lot
- Size: 6,098 sqft
- Dimensions: 50.00 x 117.00
Details
- Parcel number: 2527178015
- Zoning description: MultiFamily
- Special conditions: Agent Owned,Short Sale No
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Basement, Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1927
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Above Ground Utilities
Community & neighborhood
Location
- Region: Pleasant Ridge
- Subdivision: SYLVAN GARDENS SUB - PLEASANT RIDGE
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Va Loan
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2023 | Sold | $400,000+0%$227/sqft |
Source: | ||
| 7/2/2023 | Pending sale | $399,900$227/sqft |
Source: | ||
| 6/13/2023 | Price change | $399,900-4.8%$227/sqft |
Source: | ||
| 5/15/2023 | Price change | $419,900-4.5%$238/sqft |
Source: | ||
| 4/28/2023 | Price change | $439,900-2.2%$249/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,920 +4.9% | $201,750 +16.4% |
| 2023 | $10,414 +94.2% | $173,270 +8.4% |
| 2022 | $5,363 +1% | $159,820 +6.5% |
Find assessor info on the county website
Neighborhood: 48069
Nearby schools
GreatSchools rating
- NAFerndale Lower Elementary CampusGrades: K-3Distance: 0.7 mi
- 5/10Ferndale Middle SchoolGrades: 6-8Distance: 1.3 mi
- 6/10Ferndale High SchoolGrades: 9-12Distance: 1.3 mi
Get a cash offer in 3 minutes
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Estimated market value
$448,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$448,500
