Sold
486 University Street, Ferndale, MI 48220
Sold on 05/15/2026 for$307,000
MLS # 20261023645 (Realcomp)
3 beds2 baths1,054 sqftBuilt 19440.11 acres
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Listing Description
*** Multiple Offers. Offer Deadline 2pm Sunday *** This rare 3-bedroom, 2-full-bath bungalow is perfectly located - across from Wilson Park, a few doors down from the fenced Ferndale Dog Park, a few blocks from the city’s coffee shops, restaurants, and hot-spots, AND a short commute to virtually anywhere in Metro Detroit. A highly sought-after layout with a full primary suite, this home has been updated throughout … with all of the big projects already completed. The beautifully renovated kitchen, which is open to the Family Room, features cherry-finished cabinetry, granite countertops, stainless steel appliances, gorgeous tiled floor, tiled backsplash, a breakfast bar and a cozy nook. The main-level full bath AND the en-suite Primary Bath have also been been tastefully updated. The first floor offers a bright living room and two bedrooms, one of which has direct access to a spacious deck overlooking the backyard. Upstairs, you’ll find an extended primary suite complete with a full bath, walk-in closet, AND a versatile bonus room ideal for a sitting area, dressing room, or nursery. Major updates include Furnace and A/C (2024), hot water tank (2024), roof (2018), updated electrical (2020), updated plumbing (2019), garage (2016), and a freshly stained deck (2026). Ferndale bungalows with full primary suites have historically sold quickly. Showings start Friday April 17th be sure to schedule your appointment today!
Source: SparkMLS
About this home
3-bedroom, 2-bath, 1,054 sq ft home in Ferndale in Ferndale built in 1944.
This home sold for $307,000 (about $291/sq ft).
Property tax estimate: $5,074 per year ($423/month). 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
Bathrooms2
Living Area1,054 sqft
Lot Size0.11 acres
Year Built1944
Stories2
Location
CityFerndale
MunicipalityFerndale City
Zip Code48220
CountyOakland
School DistrictFerndale
Construction & Systems
ConstructionBrick, Vinyl Siding
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed4/14/2026
Sold Date5/14/2026
Original Price$292,000
Terms AcceptedCash, Conventional, FHA
Source: SparkMLS
Tax Information
Annual Tax$5,074
State Equalized Value$110,440
Taxable Value$98,650
Parcel #2534277025
Source: Public Records
Legal Description
T1N, R11E, SEC 34 C W HARRAH'S FERNDALE SUB NO 1 LOT 239, ALSO 1/2 OF VAC ALLEY ADJ TO SAME
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Brian L Wines
National Realty Centers, Inc
Frequently Asked Questions about 486 University Street, Ferndale, MI 48220
Which school district serves 486 University Street, Ferndale, MI 48220?
Per MLS# 20261023645, 486 University Street, Ferndale, MI 48220 is in the Ferndale boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Ferndale directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20261023645, this listing accepts Cash, Conventional, FHA financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 486 University Street, Ferndale, MI 48220?
Per public tax records, annual property taxes for this property are $5,074. 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 486 University Street, Ferndale, MI 48220 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 486 University Street, Ferndale, MI 48220 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What utilities serve 486 University Street, Ferndale, MI 48220?
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.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Oakland County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Monthly payment$2,043
Principal & interest$2,043
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
486 University Street, Ferndale, MI 48220
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Municipality
Ferndale
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County
Oakland County
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