2 months on rocket

631 Spencer St, Ferndale, MI, 48220

$218,000

Home List Price

$2,589*

Closing Credit

3 Bedrooms
1 Full Bath
1,137 SqFt
$192/SqFt
House
Schools Nearby

Location

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631 Spencer St, Ferndale$218,000

Buyer Closing Credits

$2,589*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingDetached
Garage2 spaces
Year Built1926
HeatingNatural Gas, Forced Air
BasementYes
FireplaceNatural
MLS #20240005352
Lot Size0.10 Acres
StatusActive

About 631 Spencer St

GREAT STARTER OR INVESTMENT HOME !!! Spacious 3 Bedroom, 1 Full Bath Home. Generous Living Room w/Hardwood Floor, Natural Fireplace w/Brick Hearth & Built-In Shelving. Remodeled Kitchen w/White Shaker Cabinets, Quartz Countertop, New Faucet & Vinyl Flooring. Generously Sized Dining Room w/New Vinyl Floors & Door Wall to Fenced Back Yard. Upstairs Features 3 Bedrooms w/Hardwood Floors. Full Bathroom w/Ceramic Tile. Full Basement w/Laundry & Plenty of Storage Area. 2 Car Detached Garage. Great Location, Minutes to I-75, Detroit Zoo, Detroit Golf Club, Beaumont Hospital, Shopping & Restaurants. If you are looking for your First Home, with payments less than rent, this is it! (Taxes will be LOWER with Owner-Occupant.)

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1926
  • Stories: 2
  • Living Area: 1,137 SqFt

Listing Office:

  • Office Name: Arterra Realty Michigan LLC
  • Office Phone: (248) 731-0048
  • Listing Agent: Haig V Istamboulian

Interior Features

Interior Information:

  • Appliances: Dryer, Washer
  • Basement: Yes
  • Fireplace: Natural

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fenced

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.10 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: N of 8 Mile E of Woodward

Price Information

Listing Price Info

Price Summary:

  • List Price: $218,000
  • Price Per SqFt: $192/SqFt

Tax Information:

  • Annual Amount: $5,153
  • 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

631 Spencer St vs Ferndale

86 DAYS ON ROCKET

+54 Days

$218,000

-$24K Less

$192/SqFt

-$45 Less

KEY TAKEAWAY

This property is $24K less than the Median Sold Price and $45/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: #20240005352

Listing Office:

  • Office Name: Arterra Realty Michigan LLC
  • Office Phone: (248) 731-0048
  • Listing Agent: Haig V Istamboulian

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: 4/30/2024, 3:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 09, 2012Home Sold
$27,100
Mar 31, 1999Home Sold
$69,500

Tax History

YEARPROP. TAXASSESSMENT
2021$5,153$85,730
2020$5,063$78,650
2018$5,048$66,900
2017$4,975$66,850

History based on county public records data.

Payment Calculator

$1,156

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$720

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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.

Elementary School

school-card-donut-3771154
3
/10

  • John F. Kennedy Elementary School

  • 24220 Rosewood St

  • 2.52 miles

  • Public Magnet Grades 3-5

Middle School

school-card-donut-3771155
4
/10

  • Ferndale Middle School

  • 725 Pinecrest Dr

  • 1.40 miles

  • Public District Grades 6-8

High School

school-card-donut-3771156
5
/10

  • Ferndale High School

  • 881 Pinecrest Dr

  • 1.49 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 most common annual income of people living in Ferndale, MI is less than $35k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 631 Spencer St

What is the listing price of this property?

The listing price of 631 Spencer St property is $218,000.

What type of property is this?

The property 631 Spencer St is a house located in Ferndale, Michigan, 48220.

Is this property for sale now?

Active Listing: 631 Spencer 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 631 Spencer 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 $5,153 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 9, 2012 for $27,100. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 631 Spencer St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 631 Spencer St is 1,137 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 631 Spencer St is 1926.

Rocket Homes›Michigan›Oakland County›Ferndale›48220›631 Spencer St

This home is located at 631 Spencer St in Ferndale, MI and zip code 48220. This 1,137 square foot home, which was built in 1926, sits on a 0.10 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 04, 2024 and is currently priced at $218,000.

Over 10 listings were sold over their listed price in March 2024 in Ferndale, MI. In the same period over 10 listings were sold below the listed price and 5 listings were sold for the listed price. The inventory of homes for sale in Ferndale, MI between February 2024 and March 2024 increased by 37.5%. While the average time on the market in March 2024 was 32 days, the median list price was $242,000.

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

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