$947,500
RENTED JUN 23, 2025

259 W 9 Mile Rd Unit L1 Ferndale, MI 48220

1 Bed
1 Bath
715 Sq Ft
5,009 Sq Ft Lot

Highlights

  • No HOA
  • Lobby
  • 1-Story Property

About This Home

As of June 2025

Don't miss this opportunity to live in the heart of downtown Ferndale. You'll be surrounded by all of the best dining and nightlife just steps from your door. 1 bed one bath renovated lower unit features a granite kitchen with stainless steel appliances and white shaker style cabinets. Luxury vinyl flooring throughout with newer carpets in the bedroom. Shared laundry room in basement with new App operated washers and dryers. Need somewhere to store your bike? Theres a bike storage area that's steps away from the laundry room. Units in this building do not last long, don't wait to make this one yours! Tenant responsible for all utilities. Parking is available in the parking structure behind the building, pass must be purchased from the city. Requirements for all occupants over the age of 18: Minimum 650 credit score. Must make 3x monthly rental amount and must be verifiable. No prior evictions. Background, credit and employment verifications will be done for all tenants occupying the unit. One dog under 20 lbs or one cat allowed. $250 non refundable pet fee and additional $35 per month in pet rent will apply.

Last Agent to Rent the Property

Karen Didia

EXP Realty Shelby Twp License #6506047661 Listed on: 05/14/2025

EXP Realty Shelby Twp

Last Renter's Agent

Karen Didia

EXP Realty Shelby Twp License #6506047661 Listed on: 05/14/2025

EXP Realty Shelby Twp

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,562

Year Built

  • Built in 1940 | Remodeled in 2023

Lot Details

  • 5,009

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 715 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Off-Site Parking
  • Community Parking Structure

Additional Features

  • Ground Level
  • Heat Pump System

Listing and Financial Details

  • Security Deposit $1,650
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Application Fee: 40.00
  • Assessor Parcel Number 2534126002

Community Details

Overview

  • No Home Owners Association
  • Greenwood Park Subdivision

Amenities

  • Lobby

Pet Policy

  • Limit on the number of pets
  • Breed Restrictions
  • The building has rules on how big a pet can be within a unit

Condo Details

Home Type

Condominium

Est. Annual Taxes

$30,562

Year Built

Built in 1940 | Remodeled in 2023

Lot Details

0

Rental Info

  • Application Fee: 40.00
  • Lease Type: Apartments
  • Security Deposit: 1650.00

Listing Details

  • Property Type: Condominium
  • Architecture Style: Common Entry Building
  • Architecture Level: 1 Story
  • Year Built: 1940
  • Year Renovated: 2023
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Breed Restrictions, Number Limit, Size Limit
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 2
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Sq Ft Combined: 715
  • Total Sq Ft: 715
  • Sq Ft Total Bsmt: 1861

Exterior Features

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

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: Parking Structure
  • MF Parking: Off Site

Utilities

  • Heating Fuel: Heat Pump
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 250.00

Schools

  • School District: Ferndale

Lot Info

  • Parcel Number: 2534126002

Multi Family

  • Length of Lease: 12 Months, 13-24 Months

MLS Schools

  • School District: Ferndale

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 9 Mile Midrise Llc $435,000
Closed 9 Mile Midrise Llc $1,650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Rented $1,100 0.0% --
06/18/2025 06/18/25 Under Contract -- -- --
06/11/2025 06/11/25 Price Changed $1,100 -4.3% $2 / Sq Ft
05/14/2025 05/14/25 For Rent $1,150 -- --
Source: Realcomp

Tax History Compared to Growth

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 $30,562 $545,970 $0 $0
2023 $28,416 $408,620 $0 $0
2022 $12,634 $353,910 $0 $0
2021 $12,586 $359,210 $0 $0
2020 $12,046 $341,480 $0 $0
2019 $12,133 $313,810 $0 $0
2014 -- $231,700 $0 $0
2011 -- $243,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20250035637

Realcomp

APN: 25-34-126-002