Off Market6019d on marketHistoric · 104 yrs
406 Silman St
Ferndale, MI, 48220 • 48220 • Oakland County
$159,300
$215/sqft
1Beds
1Baths
740Sqft
0.12 acLot
1922Built
Property DNA
Character Home
Built 1922 · 104 years of history
Market activity
Demand and pricing signals for this listing
2 views
People checking out this listing
6019 days on market
Established listing
$215/sqft
Price per square foot
About this home
Single Family · Built 1922 · Historic
This home is a Real Estate Owned (REO)/Post Foreclosure. Once a lender has foreclosed on a property it is soon put up for public auction. If bids fall short of the asking price the bank will buy back the home and attempt to sell it on the open market. However, lenders are not real estate agents, meaning that they will often accept offers 30 to 60 percent less than market value!
Estimated monthly payment
Based on current rates
$1,050/month
Principal & Interest$837
Property Tax$159
Insurance$53
Down payment20% ($31,860)
3%50%
Est. 6.88% rate · 30yr fixed · $127,440 loan
Full calculator →At a glance
Key facts and listing details
TypeSingleFamily
Year Built1922
HeatingForced air
Parking1 Parking space
Lot5,053 sqft
Property
Home typeSingle Family
Year built1922
Systems
HeatingForced air
RoofAsphalt
ConstructionOther
Parking & Outdoor
ParkingGarage - Detached
Lot5,053 sqft
Location & Tax
Neighborhood48220
Annual tax$1,699
Parcel2534429023
Features & details
4 categories of property features
Interior Features
Heating
Forced air
Exterior Features
Exterior
Other
Parking
Garage - Detached
Construction
Other
Listing insights
Market data and value estimates
StatusOff Market
Days on market6019
Est. value$159,300
Est. rent$1,219/mo
Tax rate1.34%
Price/sqft$215
Last sold$13,505
Tour days6
Views2
How are the schools in Ferndale?
3 schools rated nearby
Location
Ferndale, MI, 48220
Price history
6 events
DateEventPrice$/sqftSource
Oct 14, 2009Sold$13,505$18Public Record
Jul 1, 2009Listed For Sale$15,000$20foreclosure.com
Aug 26, 2008Sold$93,001$126Public Record
Jul 3, 2002Sold$87,000$118Public Record
Mar 1, 2002Sold$87,000$118MiRealSource
Aug 6, 1996Sold$55,000$74Public Record
Sold$13,505
Oct 14, 2009•$18/sqft•Public Record
Listed For Sale$15,000
Jul 1, 2009•$20/sqft•foreclosure.com
Sold$93,001
Aug 26, 2008•$126/sqft•Public Record
Sold$87,000
Jul 3, 2002•$118/sqft•Public Record
Sold$87,000
Mar 1, 2002•$118/sqft•MiRealSource
Sold$55,000
Aug 6, 1996•$74/sqft•Public Record
Tax history
19 years of records
YearTax paidAssessed value
Apr 8, 2024$1,699$82,610
Apr 8, 2023$1,648$76,670
Apr 8, 2022$1,657$68,530
Apr 8, 2021$1,624$62,000
Apr 8, 2020—$53,990
Apr 8, 2019$1,598$48,290
Apr 8, 2018$1,583$37,030
Apr 8, 2017$1,558$35,230
Apr 8, 2016$1,558$32,530
Apr 8, 2015—$28,100
Apr 8, 2014—$24,650
Apr 8, 2011—$30,100
Apr 8, 2010$2,044$35,840
Apr 8, 2009$2,129$41,780
Apr 8, 2005$1,814$84,030
Apr 8, 2003—$42,200
Apr 8, 2002—$34,980
Apr 8, 2001$1,007$18,400
Apr 8, 2000$965$17,830
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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