Off Market2028d on market
556 Stratford Rd
Ferndale, MI, 48220 • 48220 • Oakland County
$224,900
$270/sqft
2Beds
2Baths
832Sqft
0.17 acLot
1942Built
Property DNA
Ranch Style
Built 1942 · 84 years of history
Outdoor Living
Patio · Porch - Covered
Market activity
Demand and pricing signals for this listing
8 views
People checking out this listing
2028 days on market
Established listing
$270/sqft
Price per square foot
About this home
Single Family · Built 1942
**Back on the market, buyer got cold feet prior to inspection.** The perfect starter home or luxury investment property! This newly refinished 2 bedroom home boasts a spacious layout, freshly refinished hardwood floors, and a backyard oasis. Located steps away from downtown in the heart of Ferndale. Even closer to your doorstep is the newly built Ferndale Project brewery. Everything in the home has already been done. New furnace, hot water heater, and pex piping throughout. All work completed with the proper city permits. Generous basement and attic allow for ample storage options. Previously rented for $1,310/month. Today has a rental potential of $1,400+/month if desired. Already a certified rental with the City of Ferndale. Owner is a licensed real estate agent.
Estimated monthly payment
Based on current rates
$1,482/month
Principal & Interest$1,182
Property Tax$225
Insurance$75
Down payment20% ($44,980)
3%50%
Est. 6.88% rate · 30yr fixed · $179,920 loan
Full calculator →At a glance
Key facts and listing details
TypeSingleFamily
Year Built1942
HeatingForced air, Gas
CoolingCentral
ParkingNo Data
Lot7,405 sqft
Property
Home typeSingle Family
StyleRanch
Year built1942
Systems
HeatingForced air, Gas
CoolingCentral
RoofOther
ConstructionWood
Water / SewerMunicipal Water / Sewer-Sanitary
Parking & Outdoor
BasementPartially Finished, Basement
Lot7,405 sqft
Location & Tax
Neighborhood48220
Annual tax$4,398
Parcel2533435017
Bathrooms & Fees
Full baths2
Features & details
7 categories of property features
Interior Features
Appliances
Dishwasher
Dryer
Garbage disposal
Range / Oven
Heating
Forced air
Gas
Cooling
Central
Exterior Features
Exterior
Other
Construction
Wood
Patio & Porch
Patio
Porch - Covered
Gas
Natural Gas
Listing insights
Market data and value estimates
StatusOff Market
Days on market2028
Est. value$224,900
Est. rent$1,776/mo
Tax rate1.34%
Price/sqft$270
Last sold$170,000
Tour days6
Views8
How are the schools in Ferndale?
3 schools rated nearby
Location
Ferndale, MI, 48220
Price history
21 events
DateEventPrice$/sqftSource
Sep 17, 2020Sold$170,000$204Public Record
Jul 28, 2020Pending Sale$134,900$162KW Advantage
Jul 24, 2020Listed For Sale$134,900$162KW Advantage
Jul 22, 2020Pending Sale$134,900$162KW Advantage
Jul 18, 2020Listed For Sale$134,900$162Keller Williams Advantage
May 14, 2019Listing Removed$1,270$2Owner
May 2, 2019Listed For Rent$1,270$2Owner
Feb 9, 2018Listing Removed$1,240$1Owner
Jan 9, 2018Listed For Rent$1,240$1Owner
Jan 5, 2018Sold$105,000$126Public Record
Oct 11, 2017Listed For Sale$114,900$138Owner
Nov 26, 2013Sold$40,110$48Public Record
Nov 22, 2013Listed For Sale$45,000$54The Real Estate Book
Oct 13, 2013Listing Removed$39,600$48Royce Kennedy Realty
Oct 11, 2013Price Change$39,600$48ROYCE KENNEDY REALTY
Sep 29, 2013Listed For Sale$45,000$54Red Door Realty
Aug 24, 2013Listing Removed$45,000$54Keller Williams Troy Market Center
Jun 29, 2013Listed For Sale$45,000$54Royce Kennedy Realty
Oct 30, 2012Sold$98,747$119Public Record
Apr 21, 2003Sold$89,700$108Public Record
Feb 24, 2003Sold$45,000$54Public Record
Sold$170,000
Sep 17, 2020•$204/sqft•Public Record
Pending Sale$134,900
Jul 28, 2020•$162/sqft•KW Advantage
Listed For Sale$134,900
Jul 24, 2020•$162/sqft•KW Advantage
Pending Sale$134,900
Jul 22, 2020•$162/sqft•KW Advantage
Listed For Sale$134,900
Jul 18, 2020•$162/sqft•Keller Williams Advantage
Listing Removed$1,270
May 14, 2019•$2/sqft•Owner
Listed For Rent$1,270
May 2, 2019•$2/sqft•Owner
Listing Removed$1,240
Feb 9, 2018•$1/sqft•Owner
Listed For Rent$1,240
Jan 9, 2018•$1/sqft•Owner
Sold$105,000
Jan 5, 2018•$126/sqft•Public Record
Listed For Sale$114,900
Oct 11, 2017•$138/sqft•Owner
Sold$40,110
Nov 26, 2013•$48/sqft•Public Record
Listed For Sale$45,000
Nov 22, 2013•$54/sqft•The Real Estate Book
Listing Removed$39,600
Oct 13, 2013•$48/sqft•Royce Kennedy Realty
Price Change$39,600
Oct 11, 2013•$48/sqft•ROYCE KENNEDY REALTY
Listed For Sale$45,000
Sep 29, 2013•$54/sqft•Red Door Realty
Listing Removed$45,000
Aug 24, 2013•$54/sqft•Keller Williams Troy Market Center
Listed For Sale$45,000
Jun 29, 2013•$54/sqft•Royce Kennedy Realty
Sold$98,747
Oct 30, 2012•$119/sqft•Public Record
Sold$89,700
Apr 21, 2003•$108/sqft•Public Record
Sold$45,000
Feb 24, 2003•$54/sqft•Public Record
Tax history
19 years of records
YearTax paidAssessed value
Apr 8, 2024$4,398$96,950
Apr 8, 2023$4,275$92,180
Apr 8, 2022$4,301$80,080
Apr 8, 2021$4,342$76,040
Apr 8, 2020—$67,130
Apr 8, 2019$4,268$56,800
Apr 8, 2018$1,533$47,440
Apr 8, 2017$1,509$41,580
Apr 8, 2016$1,509$35,990
Apr 8, 2015—$26,640
Apr 8, 2014—$23,780
Apr 8, 2011—$34,050
Apr 8, 2010$2,520$38,060
Apr 8, 2009$2,345$46,230
Apr 8, 2005$2,044$90,910
Apr 8, 2003—$43,690
Apr 8, 2002—$37,350
Apr 8, 2001$1,035$17,670
Apr 8, 2000$931$17,130
Nearby homes
Neighborhood details
Local context around this listing
Ferndale, MI • Oakland County
Nearby cities
Bloomfield HillsFarmington HillsNoviPontiacRochester HillsRoyal OakSouthfieldTroy
Nearby zip codes
48220
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