$700,000
SOLD JAN 10, 2025

515 W Drayton St Ferndale, MI 48220

5 Beds
3.5 Baths
2,643 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$265 Per Sq Ft

4% Above List Price

2 Days on Market

Highlights

  • Built-In Refrigerator
  • No HOA
  • Porch
  • Colonial Architecture
  • 2 Car Detached Garage
  • Ceiling Fan

About This Home

As of January 2025

*****PROPERTY IS UNDER CONTRACT. OPEN HOUSE FOR 12/8 HAS BEEN CANCELLED*****. This custom colonial was originally owned by the builder and is one of the largest in NW Ferndale. The blend of classic architectural elegance with modern updates creates a perfect fusion of character and contemporary convenience. From the moment you approach, the stately facade with its signature brick exterior and classic front porch greets you with a sense of history and tradition. Step inside to find a thoughtfully preserved interior where original hardwood floors, solid wood doors and coved ceilings harmonize seamlessly with the updated finishes. Large, restored wood windows flood the space with natural light, highlighting the beautifully maintained period details while enhancing the airy, open feel of the home. The gracious living room is centered around an inviting gas fireplace, combining the charm of a traditional hearth with the convenience of modern technology. The kitchen has been beautifully renovated with high-end appliances, custom cabinetry, and quartz countertops creating an ideal space for both cooking and entertaining. The bathrooms have been thoughtfully updated, maintaining many of the original materials that honor the home’s historic character while incorporating modern fixtures and finishes for style and comfort. In addition to the four spacious bedrooms, there's a versatile room off the back of the home that can serve as a home office, nursery, guest room, or a fifth bedroom—offering flexibility to accommodate a variety of lifestyle needs. A true highlight of this home is the expansive third-floor bonus room, offering additional space that could be used as a media room, playroom, or studio as well as the large lower level. This partially finished space features beautiful terrazzo flooring, a full bathroom and offers tremendous potential for a variety of uses—whether it be a recreation room, additional living space, or workshop.

Last Agent to Sell the Property

William Ervin

KW Domain License #6501414772 Listed on: 12/06/2024

KW Domain

Co-Listed By

Kristin Ervin

KW Domain License #6501412922

Last Buyer's Agent

Jim Shaffer

Good Company License #6502380733

Good Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1930 | Remodeled in 2007

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60.00 x 124.00
  • Back Yard Fenced
  • Sprinkler System

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2,643 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Finished Basement

Kitchen

  • Free-Standing Gas Oven
  • Microwave
  • Built-In Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Woodland Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2528428012

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,557

Year Built

Built in 1930 | Remodeled in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 3 Story
  • Assessment: 198.00
  • Year Built: 1930
  • State Equalized Value: 304280.0000
  • Year Renovated: 2007
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Total Bedrooms: 5
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Built-In Refrigerator, Dishwasher, Dryer, Free-Standing Gas Oven, Microwave, Washer
  • Total Sq Ft: 2643

Exterior Features

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

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Electricity, Door Opener, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Hot Water
  • 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 Features: Sprinkler(s)
  • Lot Size Area: 0.17
  • Lot Dimensions: 60.00 x 124.00
  • Parcel Number: 2528428012

Tax Info

  • Tax Amount Summer: 7303.0000
  • Tax Amount Winter: 254.0000
  • Total Tax: 7557.0000
  • Taxable Value: 147400.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2025
Sold by
Eddy Chris and Lyons-Eddy Jamie
Bought by
Lyons-Eddy Jamie and Chris Eddy And Jamie Lyons-Eddy Living Trust
Current Estimated Value
$717,346

Purchase Details

Listed on
Dec 6, 2024
Closed on
Jan 10, 2025
Sold by
Thomas B Wilson B and Thomas Mary J
Bought by
Eddy Chris and Lyons-Eddy Jamie
Seller's Agent
William Ervin
KW Domain
Buyer's Agent
Jim Shaffer
Good Company
List Price
$675,000
Sold Price
$700,000
Premium/Discount to List
$25,000
3.7%
Views
78

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.73%

Purchase Details

Closed on
Jan 21, 2006
Sold by
Wilson Thomas B and Wilson Mary J
Bought by
Wilson Thomas B and Revocabl Mary J Wilson
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $700,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2025 01/10/25 Sold $700,000 +3.7% $265 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
12/06/2024 12/06/24 For Sale $675,000 -- $255 / 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
2024 $7,303 $304,280 $0 $0
2023 $7,106 $285,780 $0 $0
2022 $7,157 $273,130 $0 $0
2021 $7,201 $269,550 $0 $0
2020 $6,816 $266,030 $0 $0
2019 $6,930 $256,270 $0 $0
2018 $6,958 $228,230 $0 $0
2017 $6,868 $220,250 $0 $0
2016 $6,797 $201,060 $0 $0
2015 -- $163,530 $0 $0
2014 -- $141,480 $0 $0
2011 -- $139,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240083860

Realcomp

APN: 25-28-428-012