NOT LISTED FOR SALE

265 E Drayton St Ferndale, MI 48220

Estimated Value: $245,000 - $297,391

3 Beds
1 Bath
895 Sq Ft
$293/Sq Ft Est. Value

Last Sold November 20, 2024

Last sale price $238,000 $266 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,911/month

58 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Shed
  • No HOA
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of November 2024

DON'T MAKE A MOVE WITHOUT seeing this beautifully well maintained 3-bedroom, 1-bath ranch. This home offers the perfect blend of comfort and style in one of Ferndale’s most desirable neighborhoods. Step into the inviting living room, where natural light pours in through large windows, complementing the warm, cozy atmosphere. The large eat-in kitchen is bright, updated with modern cabinetry, abundance of work space, gorgeous granite, and quality stainless steel appliances; dishwasher, gas stove, refrigerator with water/ice dispenser, microwave and sink disposal. Hardwood flooring in living room and hallway, new carpet in bedrooms. The main floor bathroom is remodeled and beautiful with new vanity, quartz counter, nickel modern faucets and hardware, and recessed lighting. Bedrooms are spacious with recessed lighting, great closet space, neutral paint and finishes, so you can move right in. The outstanding finished basement offers incredible versatility—whether you’re looking to use as a home office, entertainment room, or extra living space, the possibilities are endless! With ample storage and the potential for a second bathroom (toilet already there and installed, plumbed for the rest), it’s a standout feature of this home. Outside, you'll love the spacious yard, ideal for gardening, outdoor gatherings, or simply unwinding in a private, serene environment. The fenced yard, lush landscaping and mature trees provide both shade and beauty, making the outdoor space as inviting as the interior. This home is just minutes away from Ferndale's vibrant downtown, where you'll find shops, dining, and entertainment. With its combination of the finished basement, lovely yard, move in condition, and a fantastic location, this ranch is a true gem!

Last Agent to Sell the Property

Caron Riha

Real Estate One-Rochester License #6501276288 Listed on: 09/09/2024

Real Estate One-Rochester

Co-Listed By

Lauren Koteles

Real Estate One-Rochester License #6501433892

Last Buyer's Agent

Corey Light

@properties Christie's Int'l R.E. Birmingham License #6501350865

@properties Christie's Int'l R.E. Birmingham

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40 x 129
  • Back Yard Fenced

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 895 Sq Ft Home
  • Finished Basement
  • Stubbed For A Bathroom

Kitchen

  • Free-Standing Gas Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed
  • Porch

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2527326032

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 257.42; roads
  • Year Built: 1980
  • State Equalized Value: 134240.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Furnished - No
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Bath/Stubbed
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Free-Standing Gas Oven, Free-Standing Refrigerator, Microwave, Washer
  • Total Sq Ft: 895

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Poured
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved
  • Fencing: Back Yard, Fenced, Fence Allowed

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: Driveway

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.12
  • Lot Dimensions: 40 x 129
  • Parcel Number: 2527326032

Tax Info

  • Tax Amount Summer: 5942.5100
  • Tax Amount Winter: 212.1400
  • Total Tax: 6154.0000
  • Taxable Value: 124510.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Nov 19, 2024
Sold by
Hamway Elie
Bought by
Walkon Clifford and Walkon Karen
Seller's Agent
Caron Riha
Real Estate One-Rochester
Buyer's Agent
Corey Light
@properties Christie's Int'l R.E. Birmingham
List Price
$260,000
Sold Price
$238,000
Premium/Discount to List
-$22,000
-8.46%
Views
76
Current Estimated Value
$262,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,598
Avg. Annual Appreciation
9.18%

Purchase Details

Listed on
Feb 7, 2020
Closed on
Mar 24, 2020
Sold by
Cross Jeff and Estate Of Mary Ellen Napier
Bought by
Hamway Elie
Seller's Agent
Gwen Daubenmeyer
Keller Williams Paint Creek
Buyer's Agent
Patti Mullen
Remerica Hometown One
List Price
$190,000
Sold Price
$190,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%
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

Date Buyer Sale Price Title Company
Walkon Clifford $238,000 None Listed On Document
Hamway Elie $190,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2024 11/20/24 Sold $238,000 -4.8% $266 / Sq Ft
11/07/2024 11/07/24 Pending -- -- --
09/30/2024 09/30/24 Price Changed $250,000 -3.8% $279 / Sq Ft
09/09/2024 09/09/24 For Sale $260,000 +36.8% $291 / Sq Ft
03/24/2020 03/24/20 Sold $190,000 0.0% $212 / Sq Ft View Prior Sale
02/21/2020 02/21/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $190,000 -- $212 / Sq Ft
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
2025 $6,463 $139,670 $0 $0
2024 $6,200 $134,240 $0 $0
2023 $6,031 $125,990 $0 $0
2022 $6,072 $115,800 $0 $0
2021 $6,110 $109,350 $0 $0
2020 $2,169 $106,250 $0 $0
2019 $2,203 $96,560 $0 $0
2018 $2,211 $75,150 $0 $0
2017 $2,344 $73,610 $0 $0
2016 $2,153 $67,090 $0 $0
2015 -- $61,070 $0 $0
2014 -- $50,140 $0 $0
2011 -- $47,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240065499

Realcomp

APN: 25-27-326-032