1460 E Chesterfield St Ferndale, MI 48220
Estimated payment $2,723/month
Highlights
- No HOA
- Porch
- Accessible Bedroom
- Stainless Steel Appliances
- Laundry Room
- Bungalow
About This Home
Proven Performer: Turnkey Ferndale Investment with Cash-Flowing Airbnb History! Welcome to 1460 E Chesterfield St, a rare opportunity to own a meticulously maintained property in the heart of desirable Ferndale, MI, with a proven track record of generating excellent rental income as a short-term Airbnb rental since January 2018. This is the definition of a turnkey investment designed for maximum return and minimal worry. INVESTMENT HIGHLIGHTS: READY FOR IMMEDIATE CASH FLOW • Proven Income History: Successfully and consistently utilized as a high-demand Airbnb rental since 2018, providing a substantial cash flow history for a new investor.
• Seamless Transition: The current owners are committed to your success and are willing to assist and help the buyer transition the property to continued Airbnb use, including sharing insights and operational knowledge.
• Furniture Negotiable: Property can be delivered fully furnished, allowing you to bypass setup time and costs, putting you in the rental business immediately upon closing! WORRY-FREE MODERN UPGRADES Enjoy the peace of mind that comes with recent, high-cost mechanical updates, ensuring low maintenance and minimal capital expenditures for years to come: • Climate Control: Newer Furnace and Central A/C • Water Reliability: Newer Water Heater replaced • Brand New Appliances: The kitchen and laundry room feature sparkling, modern updates, including:
• New Stainless-Steel Side-by-Side Refrigerator (Replaced in Nov 2025)
• New Stainless-Steel Stove/Oven (Replaced in Nov 2025)
• Newer Stainless-Steel Microwave
• Newer Portable Dishwasher
• New Stainless-Steel Washer and Dryer Machine This property is perfectly positioned to serve the high-demand Ferndale market, known for its vibrant downtown, dining, and easy access to metro Detroit. Don't miss this opportunity to acquire a well-oiled, income-generating machine. Contact us today to secure your next successful investment!
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1950 | Remodeled in 2018
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 40x107.5
- Back Yard Fenced
Parking
- Driveway
Home Design
- Bungalow
- Brick Foundation
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 981 Sq Ft Home
- 2-Story Property
- Furnished or left unfurnished upon request
Kitchen
- Free-Standing Gas Range
- Microwave
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Stubbed For A Bathroom
- Natural lighting in basement
Accessible Home Design
- Accessible Full Bathroom
- Adaptable Bathroom Walls
- Accessible Bedroom
- Accessible Common Area
- Accessible Kitchen
- Kitchen Appliances
- Stairway
- Central Living Area
- Accessible Hallway
- Accessible Closets
- Accessible Washer and Dryer
- Accessible Doors
- Accessible Entrance
- Accessible Electrical and Environmental Controls
Utilities
- Heating system powered by renewable energy
- Forced Air Heating System
- Heating System Uses Natural Gas
- Programmable Thermostat
- Natural Gas Water Heater
Additional Features
- Porch
- Ground Level
Listing and Financial Details
- Assessor Parcel Number 2535457013
Community Details
Overview
- No Home Owners Association
- Ford Heights Add Ferndale Subdivision
Amenities
- Community Barbecue Grill
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,864 | $85,600 | $0 | $0 |
| 2024 | $4,261 | $78,150 | $0 | $0 |
| 2023 | $4,391 | $64,700 | $0 | $0 |
| 2022 | $4,332 | $58,550 | $0 | $0 |
| 2021 | $4,307 | $54,700 | $0 | $0 |
| 2020 | $4,139 | $52,100 | $0 | $0 |
| 2019 | $4,159 | $48,670 | $0 | $0 |
| 2018 | $2,253 | $39,950 | $0 | $0 |
| 2017 | $2,222 | $38,600 | $0 | $0 |
| 2016 | $2,192 | $36,480 | $0 | $0 |
| 2015 | -- | $35,070 | $0 | $0 |
| 2014 | -- | $30,910 | $0 | $0 |
| 2011 | -- | $41,650 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/31/2026 01/31/26 | Price Changed | $449,999 | +12.5% | $459 / Sq Ft | |
| 01/31/2026 01/31/26 | Price Changed | $399,999 | +63.3% | $408 / Sq Ft | |
| 01/09/2026 01/09/26 | Price Changed | $244,999 | -90.0% | $250 / Sq Ft | |
| 01/06/2026 01/06/26 | Price Changed | $2,449,999 | +880.0% | $2,497 / Sq Ft | |
| 12/15/2025 12/15/25 | Price Changed | $249,999 | -3.8% | $255 / Sq Ft | |
| 12/06/2025 12/06/25 | Price Changed | $259,999 | -3.7% | $265 / Sq Ft | |
| 11/26/2025 11/26/25 | For Sale | $269,999 | +136.8% | $275 / Sq Ft | |
| 01/31/2018 01/31/18 | Sold | $114,000 | -4.9% | $114 / Sq Ft | View Prior Sale |
| 11/29/2017 11/29/17 | Pending | -- | -- | -- | |
| 10/13/2017 10/13/17 | For Sale | $119,900 | +110.4% | $120 / Sq Ft | |
| 03/08/2013 03/08/13 | Sold | $57,000 | -5.0% | $58 / Sq Ft | View Prior Sale |
| 02/02/2013 02/02/13 | Pending | -- | -- | -- | |
| 01/16/2013 01/16/13 | For Sale | $60,000 | -- | $61 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $114,000 | Visionary Title Agency Llc | |
| Warranty Deed | $57,000 | Capital Title Ins Agency |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $91,200 | New Conventional |
Source: Realcomp
MLS Number: 20251056830
APN: 25-35-457-013
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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