18 days on rocket

587 E Drayton St, Ferndale, MI, 48220

$215,000

Home List Price

$2,553*

Closing Credit

2 Bedrooms
1 Full Bath
1,434 SqFt
$150/SqFt
House
Schools Nearby

Location

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587 E Drayton St, Ferndale$215,000

Buyer Closing Credits

$2,553*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Driveway
Garage1 space
Year Built1925
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #24017179
Lot Size0.10 Acres
StatusActive

About 587 E Drayton St

Solid ranch located just south of popular downtown Ferndale. Close to the Detroit Zoo shopping, etc. Wonderful friendly, low crime area.. Recent updates include hot water tank in 2024, furnace in August 2023, recently updated plumbing including main water and gas lines into the home. New flooring in 2023 -- living room & kitchen.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1925
  • Stories: 1
  • Living Area: 1,434 SqFt

Listing Office:

  • Office Name: Remerica Hometown III
  • Office Phone: (734) 459-9898
  • Listing Agent: Charles R Anderson

Interior Features

Interior Information:

  • Appliances: Dryer, Washer, Disposal, Range, Refrigerator
  • Basement: Yes
  • Interior: Pantry

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Concrete, Driveway

Lot Features

Lot Information:

  • Lot: Sidewalk
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central 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: Woodward Ave north to Woodward Hts, E South on Wolcott to Drayton

Price Information

Listing Price Info

Price Summary:

  • List Price: $215,000
  • Price Per SqFt: $150/SqFt

Tax Information:

  • Annual Amount: $1,410
  • 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

587 E Drayton St vs Ferndale

18 DAYS ON ROCKET

-14 Days

$215,000

-$27K Less

$150/SqFt

-$87 Less

KEY TAKEAWAY

This property is $27K less than the Median Sold Price and $87/SqFt less than other homes in Ferndale, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Michigan Regional Information Center (MichRIC)
  • MLS Number: #24017179

Listing Office:

  • Office Name: Remerica Hometown III
  • Office Phone: (734) 459-9898
  • Listing Agent: Charles R Anderson

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 9:20:21 PM 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$1,410$66,310
2020$1,388$59,370
2018$1,392$38,380
2017$1,375$35,280

History based on county public records data.

Payment Calculator

$1,141

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$711

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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-3353864
3
/10

  • John F. Kennedy Elementary School

  • 24220 Rosewood St

  • 1.56 miles

  • Public Magnet Grades 3-5

Middle School

school-card-donut-3353865
4
/10

  • Ferndale Middle School

  • 725 Pinecrest Dr

  • 1.35 miles

  • Public District Grades 6-8

High School

school-card-donut-3353866
5
/10

  • Ferndale High School

  • 881 Pinecrest Dr

  • 1.35 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 $53,496. The most common annual income of people living in Ferndale, MI is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 587 E Drayton St

What is the listing price of this property?

The listing price of 587 E Drayton St property is $215,000.

What type of property is this?

The property 587 E Drayton St is a house located in Ferndale, Michigan, 48220.

Is this property for sale now?

Active Listing: 587 E Drayton 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 587 E Drayton 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 $1,410 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 587 E Drayton St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 587 E Drayton St is 1,434 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 587 E Drayton St is 1925.

Rocket Homes›Michigan›Oakland County›Ferndale›48220›587 E Drayton St

This home is located at 587 E Drayton St in Ferndale, MI and zip code 48220. This 1,434 square foot home, which was built in 1925, sits on a 0.10 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $215,000.

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. The number of homes for sale in Ferndale, MI increased by 37.5% between February 2024 and March 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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