507 Vester St Ferndale, MI 48220
Estimated payment $1,552/month
Highlights
- Shed
- Forced Air Heating and Cooling System
- Fenced
- Programmable Thermostat
- High Speed Internet
- Level Lot
About This Home
Why rent when you can own? Better than renting and completely move-in ready, this charming 3-bedroom, 1-bath ranch offers an incredible opportunity to enjoy homeownership in the heart of vibrant downtown Ferndale! Imagine walking to your favorite restaurants, coffee shops, boutiques, nightlife, and community events—all just steps from your front door. Inside, you'll find newer luxury vinyl plank flooring throughout, creating a fresh, modern feel that's ready for you to move right in. Major updates include a tear-off roof (2021) and brand-new central air conditioning (2025), providing peace of mind for years to come. A storage shed in the spacious rear yard offers additional room for tools, bikes, and seasonal items. Whether you're a first-time buyer looking to build equity instead of paying rent or an investor seeking a turnkey addition to your rental portfolio, this home checks all the boxes. Don't miss your chance to own an affordable, low-maintenance home in one of Metro Detroit's most sought-after downtown communities!
Listing Agent
@properties Christie's Int'l RE Northville License #6501414862 Listed on: 05/24/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1963
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 36x105
- Fenced
- Level Lot
Home Design
- 946 Sq Ft Home
- Slab Foundation
- Asphalt Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Shed
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Programmable Thermostat
- Natural Gas Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- Urbanrest Subdivision
Listing and Financial Details
- Assessor Parcel Number 2527487013
- $200 per year additional tax assessments
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 | $4,213 | $88,040 | $0 | $0 |
| 2024 | $4,161 | $82,220 | $0 | $0 |
| 2023 | $4,095 | $79,330 | $0 | $0 |
| 2022 | $4,173 | $76,590 | $0 | $0 |
| 2021 | $3,343 | $71,000 | $0 | $0 |
| 2020 | $4,216 | $62,240 | $0 | $0 |
| 2019 | $4,447 | $56,530 | $0 | $0 |
| 2018 | $2,562 | $46,300 | $0 | $0 |
| 2017 | $2,526 | $46,070 | $0 | $0 |
| 2016 | $2,493 | $42,650 | $0 | $0 |
| 2015 | -- | $39,770 | $0 | $0 |
| 2014 | -- | $35,980 | $0 | $0 |
| 2011 | -- | $33,820 | $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 |
|---|---|---|---|---|---|
| 06/09/2026 06/09/26 | Pending | -- | -- | -- | |
| 05/26/2026 05/26/26 | For Sale | $220,000 | +18.9% | $233 / Sq Ft | |
| 05/20/2021 05/20/21 | Sold | $185,000 | -5.1% | $196 / Sq Ft | View Prior Sale |
| 04/14/2021 04/14/21 | Pending | -- | -- | -- | |
| 03/26/2021 03/26/21 | For Sale | $195,000 | 0.0% | $206 / Sq Ft | |
| 07/22/2020 07/22/20 | Rented | $1,200 | +4.3% | -- | |
| 07/07/2020 07/07/20 | Under Contract | -- | -- | -- | |
| 07/08/2019 07/08/19 | Rented | $1,150 | 0.0% | -- | |
| 06/11/2019 06/11/19 | Under Contract | -- | -- | -- | |
| 06/04/2019 06/04/19 | Price Changed | $1,150 | -4.2% | $1 / Sq Ft | |
| 05/07/2019 05/07/19 | For Rent | $1,200 | -- | -- |
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 | $185,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $99,000 | Capital Title Ins Agency | |
| Warranty Deed | $96,900 | Title One Inc |
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 | $166,500 | New Conventional | |
| Previous Owner | $79,200 | Fannie Mae Freddie Mac |
Source: Realcomp
MLS Number: 20261035557
APN: 25-27-487-013
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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Ask me questions while you tour the home.