NOT LISTED FOR SALE

223 E Oakridge Ave Ferndale, MI 48220

Estimated Value: $462,000 - $578,167

4 Beds
4 Baths
3,884 Sq Ft
$130/Sq Ft Est. Value

Sale Details

Date Sold: January 6, 2026

Last sale price $475,000 $122 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,223 / mo

49 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • Laundry Facilities

About This Home

As of January 2026

Fabulous 4 unit multi family property on one of the most desirable streets in Ferndale. Each unit is one bedroom and one full bathroom. Laundry and storage units in the basement. Each tenant has a parking spot in the back of the property. Tenants pay all utilities. Rental certificate with the city of Ferndale is current. BATVAI Back two units are available for showings, the front two units will be made available with an accepted purchase agreement.

Last Agent to Sell the Property

Meredith Kulka

Cranbrook Associates-Birm License #6501300253 Listed on: 10/25/2025

Last Buyer's Agent

Mubashir Ahmed

RE/MAX Showcase Homes License #6501461229

RE/MAX Showcase Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1909

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 40.01x179.25

Parking

  • 4 Parking Spaces

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 4 Full Bathrooms
  • 3,884 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Storage

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2527181051

Community Details

Overview

  • 4 Units
  • Woodward Heightsno 2 Ferndale Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,270

Year Built

Built in 1909

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1909
  • State Equalized Value: 148230.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished, Private Storage Locker
  • Total Sq Ft: 3884

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Assigned
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Wall Unit(s)
  • Heating: Forced Air
  • Sewer: Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Laundry Facilities: Yes

Fee Information

  • Operating Expense: 9300.00

Lot Info

  • Lot Size Area: 0.16
  • Lot Dimensions: 40.01X179.25
  • Parcel Number: 2527181051
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 3650

Tax Info

  • Tax Amount Summer: 6101.0000
  • Tax Amount Winter: 169.0000
  • Total Tax: 6270.0000
  • Taxable Value: 79970.0000

Multi Family

  • Gross Scheduled Income: 43800.00
  • Number Of Units Total: 4

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2025
Closed on
Jan 6, 2026
Sold by
Kulka Meredith M and John D Myers Trust
Bought by
Farooq Usman and Tirmizi Henna Khalid
Seller's Agent
Meredith Kulka
Cranbrook Associates-Birm
Buyer's Agent
Mubashir Ahmed
RE/MAX Showcase Homes
List Price
$599,000
Sold Price
$475,000
Premium/Discount to List
-$124,000
-20.7%
Views
85
Current Estimated Value
$506,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,292
Avg. Annual Appreciation
20.64%
Original Mortgage
$356,250
Outstanding Balance
$356,250
Interest Rate
6.19%
Mortgage Type
New Conventional
Estimated Equity
$150,042

Purchase Details

Closed on
Dec 16, 2015
Sold by
Myers John D
Bought by
Myers John D

Purchase Details

Closed on
Jan 24, 2006
Sold by
Cmk Ventures Llc
Bought by
Myers John D

Purchase Details

Closed on
Jun 19, 2003
Sold by
Karavite Carlene
Bought by
Cmk Ventures Llc

Purchase Details

Closed on
May 7, 2003
Sold by
Karavite Carlene
Bought by
Karavite Carlene
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
Farooq Usman $475,000 Liberty Title
Myers John D -- Attorney
Myers John D $220,190 Metropolitan Title Company
Cmk Ventures Llc -- --
Karavite Carlene -- --
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
Open Farooq Usman $356,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2026 01/06/26 Sold $475,000 -15.2% $122 / Sq Ft
12/13/2025 12/13/25 Pending -- -- --
11/11/2025 11/11/25 Price Changed $560,000 -6.5% $144 / Sq Ft
10/25/2025 10/25/25 For Sale $599,000 -- $154 / Sq Ft
Source: Realcomp

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 $6,270 $171,150 $0 $0
2024 $6,101 $148,230 $0 $0
2023 $5,789 $139,160 $0 $0
2022 $5,717 $136,160 $0 $0
2021 $5,699 $124,310 $0 $0
2020 $5,466 $115,780 $0 $0
2019 $5,501 $108,820 $0 $0
2011 -- $77,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Meredith Kulka

    Seller's Agent in 2026

    Meredith Kulka

    Cranbrook Associates-Birm

    (248) 217-3235

    2 in this area

    41 Total Sales

    Meredith Kulka
    Section Image

  • M

    Buyer's Agent in 2026

    Mubashir Ahmed

    RE/MAX

    (647) 405-1606

    1 in this area

    6 Total Sales

    Mubashir Ahmed
    Section Image
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Map

Source: Realcomp

MLS Number: 20251047412

Realcomp

APN: 25-27-181-051

Michigan Oakland County Ferndale 48069

223 E Oakridge Ave, 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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