351 Edgewood Place Ferndale, MI 48220
Ferndale AreaEstimated payment $2,819/month
Highlights
- Forced Air Heating System
- Laundry Facilities
- Dogs Allowed
About This Home
Located just minutes from vibrant downtown Ferndale, this well-maintained duplex offers multiple investment strategies, whether you're looking for a house hack, long-term rental property, or value-add opportunity. The lower unit is currently owner-occupied, providing flexibility for an owner-occupant or investor. Both units feature separate gas and electric meters, separate central A/C systems, and additional mini-split units for enhanced comfort and efficiency. There are two sets of washers and dryers in the basement, allowing each unit to have its own laundry facilities. There is locked storage in the basement that is available for each unit. There is a large parking pad in the backyard with three parking spaces. The lower unit is a two bedroom, one bathroom. The updates include kitchen cabinets, flooring, and appliances, full bathroom remodel and AC unit. The upper unit is a three bedroom, two bathroom. The updates include updated kitchen, bathrooms and finished third floor for extra living space. The upper unit is tenant occupied with a one year lease. There is also an opportunity to expand the third-floor to a one bedroom unit. With the appropriate approvals and renovations, the area could potentially be converted into a studio or one-bedroom unit, creating an additional income stream and increasing the property's overall value. The owner currently pays for lawn care and snow removal. BTVAI
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1925 | Remodeled in 2020
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 35x121.3
Home Design
- 1,972 Sq Ft Home
- Block Foundation
- Vinyl Siding
- Cedar
Bedrooms and Bathrooms
- 3 Full Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number 2534451007
Community Details
Overview
- 2 Units
- Adolph Slomans Woodward Blvd Subdivision
Amenities
- Laundry Facilities
Pet Policy
- Pet Size Limit
- Dogs Allowed
- Breed Restrictions
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,421 | $132,420 | $0 | $0 |
| 2024 | $7,300 | $126,830 | $0 | $0 |
| 2023 | $7,065 | $115,750 | $0 | $0 |
| 2022 | $7,060 | $104,430 | $0 | $0 |
| 2021 | $6,352 | $99,050 | $0 | $0 |
| 2020 | $6,081 | $97,120 | $0 | $0 |
| 2019 | $6,125 | $90,300 | $0 | $0 |
| 2018 | $6,307 | $79,050 | $0 | $0 |
| 2017 | $3,294 | $70,830 | $0 | $0 |
| 2016 | $3,255 | $59,060 | $0 | $0 |
| 2015 | -- | $48,770 | $0 | $0 |
| 2014 | -- | $41,490 | $0 | $0 |
| 2011 | -- | $40,730 | $0 | $0 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 06/04/2026 06/04/26 | For Sale | $400,000 | +35.1% | $203 / Sq Ft | |
| 09/07/2021 09/07/21 | Sold | $296,000 | +3.9% | $150 / Sq Ft | View Prior Sale |
| 07/22/2021 07/22/21 | Pending | -- | -- | -- | |
| 07/19/2021 07/19/21 | For Sale | $285,000 | +111.1% | $145 / Sq Ft | |
| 02/21/2017 02/21/17 | Sold | $135,000 | -18.2% | $68 / Sq Ft | View Prior Sale |
| 01/21/2017 01/21/17 | Pending | -- | -- | -- | |
| 10/25/2016 10/25/16 | For Sale | $165,000 | 0.0% | $84 / Sq Ft | |
| 01/19/2015 01/19/15 | Rented | $775 | 0.0% | -- | |
| 01/17/2015 01/17/15 | Under Contract | -- | -- | -- | |
| 01/05/2015 01/05/15 | For Rent | $775 | +3.3% | -- | |
| 10/17/2013 10/17/13 | Rented | $750 | 0.0% | -- | |
| 10/14/2013 10/14/13 | Under Contract | -- | -- | -- | |
| 10/07/2013 10/07/13 | For Rent | $750 | -3.2% | -- | |
| 06/08/2013 06/08/13 | Rented | $775 | 0.0% | -- | |
| 06/07/2013 06/07/13 | Under Contract | -- | -- | -- | |
| 05/31/2013 05/31/13 | For Rent | $775 | +3.3% | -- | |
| 09/15/2012 09/15/12 | Rented | $750 | 0.0% | -- | |
| 08/16/2012 08/16/12 | Under Contract | -- | -- | -- | |
| 07/06/2012 07/06/12 | For Rent | $750 | -- | -- |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $296,000 | Liberty Title | |
| Warranty Deed | $178,000 | Title One Inc | |
| Deed | $100,500 | -- | |
| Deed | -- | -- | |
| Deed | $55,000 | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $290,638 | FHA | |
| Previous Owner | $7,888 | New Conventional | |
| Previous Owner | $17,800 | Stand Alone Second | |
| Previous Owner | $142,400 | New Conventional | |
| Previous Owner | $19,000 | Credit Line Revolving | |
| Previous Owner | $144,000 | Unknown |
Source: Realcomp
MLS Number: 20261040998
APN: 25-34-451-007
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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
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