15 days on rocket

306 Silman St, Ferndale, MI, 48220

$180,000

Home List Price

$2,138*

Closing Credit

2 Bedrooms
1 Full Bath
696 SqFt
$259/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

306 Silman St, Ferndale$180,000

Buyer Closing Credits

$2,138*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingDetached
Garage2 spaces
Year Built1929
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240023068
Lot Size0.12 Acres
StatusActive

About 306 Silman St

A move in ready home in Ferndale, for under 200k?! This gem features 2 bedrooms, 1 bathroom, and a 2-car garage. But wait, there's more - a super cool walkable attic space with stairs, just waiting for your creative touch. Imagine turning it into a cozy third bedroom, home office, or epic hangout spot. With original hardwood floors and plenty of built in shelving, this house tons of charm! Located in the heart of Ferndale, you'll be just minutes away from all the best shops, restaurants, and parks the area has to offer. Trust me, this one won't last long.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1929
  • Stories: 1
  • Living Area: 696 SqFt

Listing Office:

  • Office Name: Max Broock, REALTORS®-Birmingham
  • Office Phone: (248) 644-6700
  • Listing Agent: Eric Martin

Interior Features

Interior Information:

  • Appliances: Dryer, Electric Oven, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

School Info

Assigned Schools Information:

  • Ferndale High School, Public District Grades 9-12
  • Ferndale Middle School, Public District Grades 6-8
  • John F. Kennedy Elementary School, Public Magnet Grades 3-5

Other

Directions Information:

  • Directions: Turn Right off of Woodward. Halfway down the block, on the right side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $180,000
  • Price Per SqFt: $259/SqFt

Tax Information:

  • Annual Amount: $2,160
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Ferndale, MI

City

Med. Sold Price

$245K

Med. Price/SqFt

$236

Avg. Days On Market

14

# of Sold Homes

39

306 Silman St vs Ferndale

15 DAYS ON ROCKET

+1 Day

$180,000

-$65K Less

$259/SqFt

+$22 More

KEY TAKEAWAY

This property is $65K less than the Median Sold Price and $22/SqFt more 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: #20240023068

Listing Office:

  • Office Name: Max Broock, REALTORS®-Birmingham
  • Office Phone: (248) 644-6700
  • Listing Agent: Eric Martin

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: 5/2/2024, 9:25:20 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$2,160$68,460
2020$2,124$60,330
2018$2,118$43,970
2017$2,088$42,070

History based on county public records data.

Payment Calculator

$966

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$606

Powered By

Rocket Mortgage

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.

Elementary School

school-card-donut-4644091
3
/10

  • John F. Kennedy Elementary School

  • 24220 Rosewood St

  • 2.24 miles

  • Public Magnet Grades 3-5

Middle School

school-card-donut-4644092
4
/10

  • Ferndale Middle School

  • 725 Pinecrest Dr

  • 1.11 miles

  • Public District Grades 6-8

High School

school-card-donut-4644093
5
/10

  • Ferndale High School

  • 881 Pinecrest Dr

  • 1.20 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,365. The majority of Ferndale, MI residents have income less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 306 Silman St

What is the listing price of this property?

The listing price of 306 Silman St property is $180,000.

What type of property is this?

The property 306 Silman St is a house located in Ferndale, Michigan, 48220.

Is this property for sale now?

Active Listing: 306 Silman St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 306 Silman St are:
John F. Kennedy Elementary School: GreatSchools Rating 3/10
Ferndale Middle School: GreatSchools Rating 4/10
Ferndale High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,160 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 306 Silman St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 306 Silman St is 696 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 306 Silman St is 1929.

Rocket Homes›Michigan›Oakland County›Ferndale›48220›306 Silman St

This home is located at 306 Silman St in Ferndale, MI and zip code 48220. This 696 square foot home, which was built in 1929, sits on a 0.12 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $180,000.

In April 2024 more than 22 listings in Ferndale, MI were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 9 were sold below. In April 2024 in Ferndale, MI there were 24.2% more homes for sale than in March 2024. In April 2024, listings were on the market for 14 days. During the same period, the median list price in this real estate market was $245,000.

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

More Resources