131 FerlandWalled Lake, MI 48390

Off market
$122,250 Estimated
  • Office buildings
  • 1,770 SF

Property Details for 131 Ferland

Year built
1948
Lot size
0.11 AC
Property size (Sq ft)
1,770 SF
Zone code
BI
Property type
Office buildings
APN
92-17-34-409-007
APU
921734409007

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $303,003
    6.5%
    $279,695
    7%
    $259,717
  • Comparable approach

    Method
    Valuation
    Relative Method
    $165,566
    Geo Method
    $165,566
  • Alternative Use

    Use
    Valuation
    Residential
    $346,822
    Hospitality
    $317,687
    Educational
    $264,312
    Medical
    $273,402
    Retail
    $411,151
131 Ferland, Walled Lake, Michigan

Location Insight

City
Walled Lake
County
Oakland
State
Michigan
Latitude
42.5322
Longitude
-83.4836
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,668
-
-
$122,250
-
-
-
$244,500

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