$260,000

243 W Webster St Ferndale, MI 48220

Estimated payment $1,895/month

Total Views 510
3 Beds
2 Baths
1,291 Sq Ft
$201 Price per Sq Ft

About This Home

Perfect opportunity to invest in Ferndale!! Just North of 8 mile, this property boasts a prime location on a picturesque tree-lined street. This duplex boasts a solid structure and a prime location. Entry level unit has a very large covered porch. Upper has an enclosed private covered landing. House includes a full basement which houses a washer/dryer tenants utilize and share as well as plenty of storage area. There is a large private back yard which is fenced on 3 sides and shared. The lower unit features 2 spacious bedrooms and 1 full bath, complete with elegant original wood floors that add warmth and character. The second floor unit has 1 bedroom complemented by a full bath. The lower unit is rented for $1,050/month and the upper unit is rented for $925/month - rents below market rate. Buyers' agent to verify all information and measurements. 24 Hour Notice to Show. Both units occupied. Do not disturb tenants. Sold As-Is.

Last Listed By

Johanna Walker

O'Connor Realty Detroit, LLC License #6501384796 Listed on: 06/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1923

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35x122

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,291 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 2534453021

Community Details

Overview

  • 2 Units
  • Adolph Slomans Woodward Blvd Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,287

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 1 1/2 Story
  • Year Built: 1923
  • State Equalized Value: 105460.0000
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1291
  • Total Sq Ft: 1291
  • Sq Ft Total Bsmt: 845

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street

Schools

  • School District: Ferndale

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 35X122
  • Parcel Number: 2534453021
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1975

Tax Info

  • Tax Amount Summer: 5130.0000
  • Tax Amount Winter: 157.0000
  • Total Tax: 5287.0000
  • Taxable Value: 105460.0000

Multi Family

  • Gross Scheduled Income: 23700.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Ferndale

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
2024 $5,130 $105,460 $0 $0
2023 $4,960 $96,460 $0 $0
2022 $5,240 $88,540 $0 $0
2021 $4,901 $82,710 $0 $0
2020 $4,690 $80,990 $0 $0
2019 $3,548 $75,210 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2015 12/22/15 Sold $115,500 -3.7% $89 / Sq Ft
11/16/2015 11/16/15 Pending -- -- --
10/12/2015 10/12/15 For Sale $119,900 -- $93 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- Shield Title Agency
Deed -- Attorney
Warranty Deed $115,500 Liberty Title
Deed $96,000 --
Deed $23,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $122,500 New Conventional
Previous Owner $86,625 New Conventional
Previous Owner $91,200 No Value Available
Source: Public Records

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Source: Realcomp

MLS Number: 20251004555

Realcomp

APN: 25-34-453-021

Michigan Oakland County Ferndale 48220

243 W Webster St, Ferndale, MI

This home is located at 243 W Webster St, Ferndale, MI 48220 and is currently priced at $260,000, approximately $201 per square foot. This property was built in 1923. 243 W Webster St is a home located in Oakland County with nearby schools including Ferndale Lower Elementary Campus, Ferndale Upper Elementary Campus, and Ferndale Middle School.

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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

Nearby Homes
Johanna Walker
Listing Agent
Johanna Walker
Section Image
O'Connor Realty Detroit, LLC
(947) 243-2736