256 E Woodland St, Ferndale, MI 48220

2 beds2 baths1,742 sqft Edit

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Sold: $150,000
Sold on 12/12/13
Zestimate®: $195,129
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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Take advantage of this great investment opportunity! Duplex w/ current tenant upstairs paying $750 month to month. Downstairs can easily be rented out for $1000-$1200. Lots of work already taken care of and ready for new owner. Walking distance to happening downtown Ferndale! Highest and best due Monday August 26th, 2013 by 5 pm. Brokered And Advertised By: SKYWARD REAL ESTATE Listing Agent: SHAUN NYEHOLT

Facts

  • Lot: 5,227 sqft
  • Multi Family
  • Built in 1928
  • Views: 1,263 all time views
  • Heating: Forced air
  • Last sold: Dec 2013 for $150,000
  • Last sale price/sqft: $86

Features

  • Finished basement, 384 sqft
  • Fireplace
  • Wired

Construction

  • Exterior material: Brick
  • Roof type: Asphalt
  • Room count: 7
  • Stories: 2
  • Structure type: Other
  • Unit count: 1

Other

  • Floor size: 1,742 sqft
  • Last remodel year: 1959
  • Lot depth: 129
  • Lot width: 40
  • Parcel #: 2527328023
  • Zillow Home ID: 24660933

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$195,129
+$3,115 Last 30 days
$176K
$213K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,526/mo
+$39 Last 30 days
$1.1K
$2K
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Popularity on Zillow

1,263 all-time views
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Comparable Homes

Homes like this sold for $129-286K.

$110K
$310K

Mortgages

Neighborhood

Market guide

Zillow predicts 48220 home values will increase 6.6% next year, compared to a 6.5% rise for Ferndale as a whole. Among 48220 homes, this home is valued 78% more than the midpoint (median) home, but is valued 14.9% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 48220, the number of foreclosures waiting to be sold is 2.1% greater than in Ferndale, and 320% higher than the national average. This higher local number may prevent 48220 home values from rising as quickly as other regions in Ferndale.

Learn more about forecast calculations or 48220 home values.
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    Nearby Schools in Ferndale

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    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org