314 University St
Ferndale, MI 48220
2 bd 2 ba 1,200 sqft Built 1923 Lot 5,227 sqft multi_family
Most recent sale
$265,000
Aug 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 5, 2022 | Sold | $265,000 | Public Record |
| Jul 29, 2022 | Sold | $265,000 | Realcomp |
| Jul 6, 2022 | Listed | $249,900 | MLS #20221014460 |
| Dec 12, 2013 | Listing removed | $125,000 | Realcomp |
| Dec 11, 2013 | Listing removed | $125,000 | Realcomp |
| Sep 30, 2013 | Listed | $125,000 | MLS #213100822 |
| Apr 27, 2005 | Sold | $119,000 | Public Record |
| Sep 28, 1990 | Sold | $20,500 | Public Record |
| Sep 14, 1990 | Sold | $20,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $84,490 | $2,081 |
| 2020 | — | — | $80,660 | $2,101 |
| 2019 | — | — | $72,160 | $2,068 |
| 2018 | — | — | $63,280 | $2,073 |
| 2017 | — | — | $61,550 | $2,047 |
| 2016 | — | — | $49,020 | $1,960 |
| 2015 | — | — | $41,690 | $1,853 |
| 2014 | — | — | $35,210 | $2,393 |
| 2013 | — | — | $29,240 | $1,832 |
| 2012 | — | — | $36,510 | $2,159 |
| 2011 | — | — | $36,100 | $2,080 |
| 2010 | — | — | $47,120 | $2,461 |
| 2009 | — | — | $56,960 | $2,941 |
| 2008 | — | — | $64,510 | $3,181 |
Property facts
Year built
1923
Property type
multi_family
Stories
—
Beds
2
Baths
2
Living area
1,200 sqft
Lot size
5,227 sqft
ZIP code
48220
City
Ferndale
Street
University St
Coordinates
42.45593, -83.12740
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,800
Gross rental yield
8.15%
Implied cap rate
5.30%
Trend-extrapolated value
—
Frequently asked questions
When did 314 University St last sell?
314 University St most recently sold on Aug 5, 2022 for $265,000.
What is the current tax assessment for 314 University St?
The most recent total assessment for 314 University St (year 2021) is $84,490 with $2,081 in property tax.
How does 314 University St's assessment compare to its last sale price?
The current assessment is 68.1% below the last sale price of $265,000.
When was 314 University St built?
314 University St was built in 1923.
How does 314 University St compare to others on University St?
We track 8 other properties on University St. Browse the list under "Other properties on University St" to compare beds, baths, and sale history.
What are the property facts for 314 University St?
314 University St is a 2 bed, 2 bath, 1,200 sqft, 5,227 sqft lot multi_family.
Is 314 University St a flip candidate?
No — 314 University St does not appear in our flips dataset.
Is 314 University St a tax-appeal candidate?
No — 314 University St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.5%
Implied 1-yr
-1.9%
2026 Q3
$250K
2026 Q4
$248.8K
ZIP 48220 — Median Price History + Forecast
Explore nearby
Geography
Other properties on University St