5 months on rocket

2341 Mcdowell St, Ferndale, MI, 48220

$250,000

Home List Price

$2,969*

Closing Credit

2 Full Baths
1,251 SqFt
$200/SqFt
Multi
Schools Nearby

Location

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2341 Mcdowell St, Ferndale$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingGarages
Year Built1937
HeatingNatural Gas, Forced Air
BasementYes
MLS #20230100444
Lot Size0.30 Acres
StatusActive

About 2341 Mcdowell St

Great 1251 sq ft home on just over a quarter acre in Ferndale. This home is currently set up as two one bedroom apartments but could easily be converted back to a 3 bedroom two full bath single family home. It has a large 2.5 attached garage with a service door for vehicles in the back also. Nice fenced in backyard wit s concrete patio for entertaining. Just a hop away 696 for easier commute. Home does have a partial unfinished basement that is plumbed for a 3rd bathroom. Home does need a little TLC. This Brick Home is definitely a MUST SEE!!

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1937
  • Stories: 2
  • Living Area: 1,251 SqFt

Listing Office:

  • Office Name: Exit Realty Group
  • Office Phone: (810) 245-2600
  • Listing Agent: Tamara L Schulz

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Smoke Alarm, Cable Available, Laundry Facility

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fenced

Parking Information:

  • Parking: Garages

Lot Features

Lot Information:

  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: 696 to Hilton south to Drayton East to McDowell South

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
  • Price Per SqFt: $200/SqFt

Tax Information:

  • Annual Amount: $3,455
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Ferndale, MI.

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Ferndale, MI

City

Med. Sold Price

$242K

Med. Price/SqFt

$236

Avg. Days On Market

32

# of Sold Homes

25

2341 Mcdowell St vs Ferndale

150 DAYS ON ROCKET

+118 Days

$250,000

+$8K More

$200/SqFt

-$37 Less

KEY TAKEAWAY

This property is $8K more than the Median Sold Price and $37/SqFt less than other homes in Ferndale, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20230100444

Listing Office:

  • Office Name: Exit Realty Group
  • Office Phone: (810) 245-2600
  • Listing Agent: Tamara L Schulz

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 3:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,455$117,600
2020$3,399$93,170
2018$3,346$69,440
2017$3,455$65,590

History based on county public records data.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1878001
5
/10

  • Oakland Elementary School

  • 2415 Brockton Ave

  • 1.11 miles

  • Public District Grades KG-5

school-card-donut-1878002
3
/10

  • United Oaks Elementary School

  • 1001 E Harry Ave

  • 1.52 miles

  • Public District Grades KG-5

school-card-donut-1878003
2
/10

  • Hoover Elementary School

  • 23720 Hoover Ave

  • 1.54 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,776. The most common annual income of people living in Ferndale, MI is less than $35k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Oakland County›Ferndale›48220›2341 Mcdowell St

This home is located at 2341 Mcdowell St in Ferndale, MI and zip code 48220. This 1,251 square foot home, which was built in 1937, sits on a 0.30 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since November 29, 2023 and is currently priced at $250,000.

In March 2024 more than 10 listings in Ferndale, MI were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 10 were sold below. In March 2024 in Ferndale, MI there were 37.5% more homes for sale than in February 2024. In March 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $242,000.

From Rocket Homes Real Estate and based on county public records data.

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