Jennifer Hemstrom
Thrive Realty Company
(947) 224-7983
231 Total Sales
8 in Ferndale
$170K - $310K Price Range
518 E Troy St Ferndale, MI 48220
Ferndale AreaEstimated Value: $293,070
3
Beds
2
Baths
1,494
Sq Ft
$196/Sq Ft
Est. Value
Highlights
- Craftsman Architecture
- Forced Air Heating System
- Laundry Facilities
- Covered Patio or Porch
- Private Entrance
About This Home
As of September 2025Turn-key and low-maintenance, this beautifully updated Ferndale duplex is just steps from Nine Mile in the heart of downtown. Completely redone from the studs in 2015, the property has been well maintained and offers both charm and functionality. A covered front porch adds curb appeal, while inside you’ll find two distinct units: the lower level features two bedrooms with a dedicated dining room, and the upper unit includes a large, comfortable living room and one bedroom. Both units are occupied by long-term tenants with leases secured through March & June. The shared basement offers laundry, storage, and has been professionally waterproofed with a transferable 20-year warranty. Outside you’ll find ample parking and a fenced yard. Rental certified and nothing left to do, this is an excellent opportunity for a first-time investor or a seasoned buyer looking to add a dependable property to their portfolio. 24 hour notice required to show. Showings will be Saturday & Sunday, August 23rd & 24th.
Last Agent to Sell the Property
Arterra Luxe Collection LLC License #6501418220 Listed on: 08/23/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1949
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 42x118
- Private Entrance
- Back Yard Fenced
Home Design
- Craftsman Architecture
- Bungalow
- Block Foundation
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 2 Full Bathrooms
- 1,494 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Parking
- Paved Parking
- On-Street Parking
Outdoor Features
- Covered Patio or Porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 2534228003
Community Details
Overview
- 2 Units
- The Little Farms Subdivision
Amenities
- Laundry Facilities
Pet Policy
- Call for details about the types of pets allowed
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 23, 2025
Closed on
Sep 16, 2025
Sold by
Bought by
Seller's Agent
Jessica Juel
Arterra Luxe Collection LLC
Buyer's Agent
Shawna Cascaden
National Realty Centers, Inc
List Price
$270,000
Sold Price
$282,000
Premium/Discount to List
$12,000
4.44%
Views
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,070
Avg. Annual Appreciation
4.47%
Original Mortgage
$267,900
Outstanding Balance
$265,727
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$27,343
Purchase Details
Listed on
Jan 26, 2019
Closed on
Feb 1, 2019
Sold by
Bought by
Seller's Agent
Tricia Raymond
Keller Williams Paint Creek
Buyer's Agent
Brandy Slaton
Keller Williams Somerset
Sold Price
$1,250
Purchase Details
Closed on
Nov 24, 2018
Sold by
Bought by
Purchase Details
Closed on
Sep 30, 2016
Sold by
Bought by
Purchase Details
Closed on
Jan 12, 2012
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Ferndale, MI
-
Jennifer Hemstrom
-
Laurie Rouse
Laurie Rouse
Real Broker, LLC Troy
(947) 500-3271
65 Total Sales
1 in Ferndale
$220,000 Price
-
Katie Wheeler
Katie Wheeler
Match Realty
(313) 631-3760
289 Total Sales
2 in Ferndale
$175K - $360K Price Range
-
Connor Anderson
Connor Anderson
ReSIDE Grand Rapids
(269) 430-2975
144 Total Sales
1 in Ferndale
$205,000 Price
-
Matthew Kallabat
Matthew Kallabat
Top Agent Realty
(947) 210-6260
80 Total Sales
1 in Ferndale
$181,000 Price
-
Tracey Freeman
Tracey Freeman
KW Domain
(947) 216-2897
85 Total Sales
2 in Ferndale
$212K - $408K Price Range
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $282,000 | Sterling Title Agency | ||
| -- | None Available | ||
| -- | None Available | ||
| $128,000 | Visionary Title Agency Llc | ||
| -- | None Available |
Source: Public Records
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 | Borrower | Loan Amount |
|---|---|---|---|
| Open | $267,900 |
Source: Public Records
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 |
|---|---|---|---|---|
| 09/16/2025 09/16/25 | Sold | $282,000 | +4.4% | $189 / Sq Ft |
| 08/25/2025 08/25/25 | Pending | -- | -- | -- |
| 08/23/2025 08/23/25 | For Sale | $270,000 | 0.0% | $181 / Sq Ft |
| 07/01/2023 07/01/23 | Rented | $1,250 | 0.0% | -- |
| 06/08/2023 06/08/23 | Under Contract | -- | -- | -- |
| 05/17/2023 05/17/23 | Price Changed | $1,250 | -7.4% | $2 / Sq Ft |
| 03/06/2023 03/06/23 | For Rent | $1,350 | +50.0% | -- |
| 12/19/2022 12/19/22 | Rented | $900 | 0.0% | -- |
| 12/16/2022 12/16/22 | Under Contract | -- | -- | -- |
| 12/08/2022 12/08/22 | Price Changed | $900 | -5.3% | $1 / Sq Ft |
| 11/29/2022 11/29/22 | Price Changed | $950 | -5.0% | $1 / Sq Ft |
| 10/30/2022 10/30/22 | Price Changed | $1,000 | -4.8% | $2 / Sq Ft |
| 10/17/2022 10/17/22 | Price Changed | $1,050 | -6.7% | $2 / Sq Ft |
| 09/14/2022 09/14/22 | For Rent | $1,125 | +21.6% | -- |
| 10/10/2020 10/10/20 | Rented | $925 | 0.0% | -- |
| 09/20/2020 09/20/20 | Under Contract | -- | -- | -- |
| 09/05/2020 09/05/20 | For Rent | $925 | 0.0% | -- |
| 09/01/2020 09/01/20 | Under Contract | -- | -- | -- |
| 08/22/2020 08/22/20 | For Rent | $925 | -26.0% | -- |
| 03/23/2019 03/23/19 | Rented | $1,250 | 0.0% | -- |
| 02/27/2019 02/27/19 | Under Contract | -- | -- | -- |
| 01/26/2019 01/26/19 | For Rent | $1,250 | -- | -- |
Source: Realcomp
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 | $3,166 | $127,200 | $0 | $0 |
| 2024 | $3,087 | $127,100 | $0 | $0 |
| 2023 | $2,972 | $120,420 | $0 | $0 |
| 2022 | $2,938 | $127,970 | $0 | $0 |
| 2021 | $2,929 | $115,860 | $0 | $0 |
| 2020 | $2,809 | $114,940 | $0 | $0 |
| 2019 | $2,828 | $99,280 | $0 | $0 |
| 2018 | $3,089 | $83,910 | $0 | $0 |
| 2017 | $2,900 | $77,480 | $0 | $0 |
| 2016 | $2,744 | $64,360 | $0 | $0 |
| 2015 | -- | $55,320 | $0 | $0 |
| 2014 | -- | $29,230 | $0 | $0 |
| 2011 | -- | $38,730 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jessica Juel
Seller's Agent in 2025
Jessica Juel
Arterra Luxe Collection LLC
(248) 878-1961
138 Total Sales
-
Shawna Cascaden
Buyer's Agent in 2025
Shawna Cascaden
National Realty Centers, Inc
(734) 776-2103
71 Total Sales
-
Tricia Raymond
Seller's Agent in 2023
Tricia Raymond
Keller Williams Paint Creek
(248) 229-8859
76 Total Sales
-
B
Buyer's Agent in 2023
Brian Green
Green & Associates Realty
-
Andrew Dow
Buyer's Agent in 2022
Andrew Dow
@Properties Detroit
(313) 721-9956
28 Total Sales
-
D
Buyer's Agent in 2020
Donald Fergle
Keller Williams Paint Creek
Map
Source: Realcomp
MLS Number: 20251028932
APN: 25-34-228-003
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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