NOT LISTED FOR SALE

217 E Drayton St Ferndale, MI 48220

Ferndale Area

Estimated Value: $347,000 - $357,000

3 Beds
2 Baths
1,472 Sq Ft
$239/Sq Ft Est. Value

Sale Details

Date Sold: May 6, 2016

Last sale price $191,500 $130 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,600 / mo

4 Days on Market

Highlights

  • Terrace
  • Balcony
  • Garage
  • Covered Patio or Porch
  • Forced Air Heating System
  • Fenced

About This Home

As of May 2016

Location, Location, Location... Excellent opportunity to own this updated 2 unit.. Easy to rent, owner said it takes just hours to fill once offered..Or live in one unit and rent the other.. Tenants love the easy walk to Downtown Ferndale! Bright& Neutral decor, freshly painted, 1st floor unit with 2 bedrooms, updated kitchen w/ new cabinets, counters, flooring, appliances stay. Updated ceramic tiled bath, large formal dining with living room that open to covered front porch. Upper 1 bedroom unit with updated kitchen, bath, large dining room, living room that opens to 2 exterior terraces. additional updates include: windows, furnace, water heater, plumbing, electrical, interior doors. Separate electric meters. Large 2 1/2 car garage that can be rented separately. Large Shared Basement. Plenty of parking in driveway and street.

Last Agent to Sell the Property

Margie Farris

KW Platinum License #6501315929 Listed on: 04/02/2016

KW Platinum

Last Buyer's Agent

Ann Marie Burns

Berkshire Hathaway HomeServices HWWB License #RCO-6501239823

Berkshire Hathaway HomeServices HWWB

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x129
  • Fenced

Parking

  • Garage

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,472 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Terrace

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Woodward Heights Sub No 2 Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2527326027
  • $2,000 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,978

Year Built

Built in 1925

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 1 1/2 Story
  • Assessment: 234
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1472

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Porch Type: Balcony, Porch - Covered, Terrace
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: Garages, Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 1599166.6667
  • Lot Size Area: 0.12
  • Lot Dimensions: 40X129
  • Parcel Number: 2527326027
  • Zoning: Residential

Rental Info

  • Rent Includes: Heat, Water/Sewer
  • Monthly Rental Income: 1800

Tax Info

  • Tax Amount Summer: 2911.0000
  • Tax Amount Winter: 67.0000
  • Total Tax: 2978.0000

Multi Family

  • Gross Scheduled Income: 21600.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Ferndale

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2023
Sold by
Bought by
Current Estimated Value
$352,415

Purchase Details

Listed on
Apr 2, 2016
Closed on
May 6, 2016
Sold by
Bought by
Seller's Agent
Margie Farris
KW Platinum
Buyer's Agent
Ann Marie Burns
Berkshire Hathaway HomeServices HWWB
List Price
$169,000
Sold Price
$191,500
Premium/Discount to List
$22,500
13.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$143,625
Interest Rate
0.0371%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
0.0644%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
0.0601%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$191,500 Devon Title Agency
-- None Available
-- Title Quest Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $143,625
Previous Owner $93,906
Previous Owner $94,800
Previous Owner $73,600
Previous Owner $60,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/06/2016 05/06/16 Sold $191,500 +13.3% $130 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
04/02/2016 04/02/16 For Sale $169,000 -- $115 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,237 $160,490 $0 $0
2024 $8,090 $155,440 $0 $0
2023 $7,816 $146,510 $0 $0
2022 $7,751 $135,300 $0 $0
2021 $7,725 $129,750 $0 $0
2020 $7,393 $125,850 $0 $0
2019 $7,448 $114,810 $0 $0
2018 $7,426 $96,950 $0 $0
2017 $7,517 $95,650 $0 $0
2016 $3,107 $69,810 $0 $0
2015 -- $63,990 $0 $0
2014 -- $52,880 $0 $0
2011 -- $50,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Margie Farris

    Seller's Agent in 2016

    Margie Farris

    KW Platinum

    (586) 764-1885

    38 Total Sales

    Margie Farris
    Section Image

  • A

    Buyer's Agent in 2016

    Ann Marie Burns

    Berkshire Hathaway HomeServices HWWB

    (248) 646-6200

    27 Total Sales

    Ann Marie Burns
    Section Image
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Map

Source: Realcomp

MLS Number: 216030265

Realcomp

APN: 25-27-326-027

Michigan Oakland County Ferndale 48220

217 E Drayton St, Ferndale, MI

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2026 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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