Sold
516 W Oakridge Street, Ferndale, MI 48220
Sold on 08/25/2025 for$540,000
MLS # 20251011199 (Realcomp)
4 beds2 baths2,246 sqftBuilt 19320.12 acres
1 / 34
Listing Description
Welcome to 516 W Oakridge in fashionable Ferndale! This gorgeous all-brick colonial is loaded with charm and beautifully preserved original details throughout. Enjoy rich, hardwood floors, a fully updated chef’s kitchen with slate flooring and floor-to-ceiling pantry, and a cozy living room with custom-built shelves framing the natural fireplace.The main floor also features a new custom built-in bar area/butler's pantry with a dual-zoned beverage fridge —perfect for entertaining! Step outside to a lovely covered patio, fully fenced private backyard, and hot tub for your own relaxing retreat.Upstairs, you’ll find 4 spacious bedrooms featuring hardwood flooring, including one transformed into a dream dressing room with customized closets! (this can easily be turned back into a 4th bedroom) The finished lower-level flex space makes the perfect Man Cave, play area, work space - whatever you need! Recent updates: HVAC (2018), Hot Water Heater (2024). This is a rare gem combining modern comfort with timeless character just steps from all that Downtown Ferndale has to offer — don’t miss this stunner! Showings start Saturday, 6/28. Open Houses 6/28 & 6/29: 2-4pm. Stop by, say hi, and fall in love with 516 W Oakridge! Schedule your showing today - this one won't last long! BATVAI. Exclusions - see uploaded doc.
Source: SparkMLS
About this home
This 4-bedroom, 2-bath, 2,246 sq ft home built in 1932 sits in Ferndale in Ferndale.
This home sold for $540,000 (about $240/sq ft).
Estimated annual property tax: $10,818, or about $902 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. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers.
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Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms2
Living Area2,246 sqft
Lot Size0.12 acres
Year Built1932
Stories2
Location
CityFerndale
MunicipalityFerndale City
Zip Code48220
CountyOakland
School DistrictFerndale
Construction & Systems
ConstructionBrick
BasementPartial, Slab
Garage2 spaces
HeatingForced Air
WaterPublic
InteriorBasement Partially Finished, Hot Tub Spa
Sale & Financing
Listed6/26/2025
Sold Date8/24/2025
Terms AcceptedCash, Conventional
HOA
HOA Fee$15 / Annually
IncludesSnow Removal, Other
Source: SparkMLS
Tax Information
Annual Tax$10,818
State Equalized Value$216,570
Taxable Value$216,570
Parcel #2528426007
Source: Public Records
Legal Description
T1N, R11E, SEC 28 RESUB OF LOTS 483, 484, 485 & ''A'' AND LOTS 4 TO 19 INCL & LOTS 21 TO 34 INCL OF WOODLAND PARK SUB LOT 29
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Lucine Tarman
Home HeadQuarters
Frequently Asked Questions about 516 W Oakridge Street, Ferndale, MI 48220
Which school district serves 516 W Oakridge Street, Ferndale, MI 48220?
Per MLS# 20251011199, 516 W Oakridge 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.
What financing options are available for 516 W Oakridge Street, Ferndale, MI 48220?
Per MLS# 20251011199, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 516 W Oakridge Street, Ferndale, MI 48220?
Per public tax records, annual property taxes for this property are $10,818. 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, 516 W Oakridge 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 516 W Oakridge 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 internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 516 W Oakridge Street, Ferndale, MI 48220. The maximum advertised download speed is 5.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 516 W Oakridge Street, Ferndale, MI 48220?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. 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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Mortgage Calculator
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Monthly payment$3,568
Principal & interest$3,567
HOA$1
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
9 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
516 W Oakridge Street, Ferndale, MI 48220
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Municipality
Ferndale
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County
Oakland County
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