Under Contract
23045 Sherman Street, Oak Park, MI 48237
$215,000
MLS # 20261031217 (Realcomp)
3 beds1 bath1,468 sqftBuilt 19460.11 acres
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Listing Description
Discover a timeless opportunity at 23045 Sherman, a charming single-family bungalow. Located in desirable community of Oak Park, close to Downtown Ferndale. The home offers three well-proportioned bedrooms, providing versatile spaces for rest, work, or creative pursuits. Each room presents an inviting canvas for personalization. Wood floors throughout the home offering charm and function. This backyard is fully fenced and gated for privacy and function. Occupancy can be immediate!Welcome Home.
Source: SparkMLS
About this home
3-bedroom, 1-bath, 1,468 sq ft home in Oak Park built in 1946.
Asking $215,000 (about $146/sq ft).
Estimated annual property tax: $3,426, or about $285 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area1,468 sqft
Lot Size0.11 acres
Year Built1946
Stories2
Location
CityOak Park
MunicipalityOak Park City
Zip Code48237
CountyOakland
School DistrictFerndale
Construction & Systems
ConstructionAluminum Siding, Brick
BasementPartial
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Partially Finished
Sale & Financing
Listed5/5/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$3,426
State Equalized Value$98,700
Taxable Value$57,119
Parcel #2528380016
Source: Public Records
Legal Description
T1N, R11E, SEC 28 FERN-RIDGE SUB LOT 56
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Amber L Rowen
Independent Broker Network LLC
Frequently Asked Questions about 23045 Sherman Street, Oak Park, MI 48237
What school district is 23045 Sherman Street, Oak Park, MI 48237 in?
Per MLS# 20261031217, this property is served by Ferndale. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20261031217, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261031217, the most recent reported annual property tax for 23045 Sherman Street, Oak Park, MI 48237 is $3,426. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 23045 Sherman Street, Oak Park, MI 48237 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 23045 Sherman Street, Oak Park, MI 48237 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Monthly payment$1,394
Principal & interest$1,394
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
23045 Sherman Street, Oak Park, MI 48237
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County
Oakland County
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