Sold
560 E Drayton Street, Ferndale, MI 48220
Sold on 06/12/2026 for$420,000
MLS # 20261022471 (Realcomp)
3 beds2 baths2,268 sqftBuilt 19260.2 acres
1 / 26
Listing Description
Welcome to this beautifully fully remodeled home close to downtown Ferndale! Situated on a rare double lot, this move-in-ready gem offers 3 bedrooms, 2 full baths, and a flexible layout with a convenient first-floor bedroom. The stunning oversized kitchen is perfect for entertaining and features a stylish wet bar/coffee bar, while luxury flooring flows throughout the home for a clean, modern feel. Enjoy peace of mind with major updates already completed, including a new roof, new driveway, updated electrical and plumbing, new lighting, and new plumbing fixtures.This home also features a spacious dining room, a large enclosed front porch ideal for three-season enjoyment, a back deck, and a large finished basement with an expansive family room and oversized laundry area. The rare double lot provides exceptional outdoor space along with a large 1-car garage. A fantastic opportunity to own a beautifully updated home in an unbeatable location close to downtown Ferndale and neighboring Pleasant Ridge!
Source: SparkMLS
About this home
3-bedroom, 2-bath, 2,268 sq ft home in Ferndale in Ferndale built in 1926.
This home sold for $420,000 (about $185/sq ft).
Estimated annual property tax: $2,680, or about $223 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
Bathrooms2
Living Area2,268 sqft
Lot Size0.2 acres
Year Built1926
Stories2
Location
CityFerndale
MunicipalityFerndale City
Zip Code48220
CountyOakland
School DistrictFerndale
Construction & Systems
ConstructionAluminum Siding
Garage1 space
HeatingForced Air
SewerPublic
InteriorBasement Finished, Humidifier, Security System, Wet Bar
Sale & Financing
Listed4/12/2026
Sold Date6/11/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$2,680
State Equalized Value$153,810
Taxable Value$50,030
Parcel #2527402009
Source: Public Records
Legal Description
T1N, R11E, SEC 27 WOODWARD HTS SUB NO 2 LOT 296 & E 32 FT OF LOT 297, 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 Michael G Babi
Babi Realty LLC
Frequently Asked Questions about 560 E Drayton Street, Ferndale, MI 48220
Which school district serves 560 E Drayton Street, Ferndale, MI 48220?
Per MLS# 20261022471, 560 E Drayton 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 type of financing is accepted for this listing?
Per MLS# 20261022471, this listing accepts Cash, Conventional, FHA, VA Loan 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 560 E Drayton Street, Ferndale, MI 48220?
Per public tax records, annual property taxes for this property are $2,680. 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, 560 E Drayton 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 560 E Drayton 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 560 E Drayton Street, Ferndale, MI 48220?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: 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$2,821
Principal & interest$2,821
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
560 E Drayton Street, Ferndale, MI 48220
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Municipality
Ferndale
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County
Oakland County
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