Sold
767 W DRAYTON Street, Ferndale, MI 48220
Sold on 12/03/2024 for$275,000
MLS # 20240087229 (Realcomp)
3 beds1 bath1,372 sqftBuilt 19240.13 acres
1 / 39
Listing Description
Opportunity awaits at this investor-friendly home! This 3-bedroom, 1-bathroom home is a diamond in the rough, perfect for savvy real estate investors or ambitious homeowners looking for a rewarding project.The home's potential is undeniable. The main living area offers a solid foundation to create a modern, inviting space, and the unfinished attic boasts an additional 620 square feet, ready to be transformed into a master suite, bonus room, or home office—the possibilities are endless!Located in vibrant Ferndale, you'll be just minutes from downtown shops, restaurants, and entertainment. With vision and effort, this property could become a stunning example of urban living or a profitable addition to your portfolio.Don't miss this incredible investment opportunity. Bring your ideas and contractor, and make this house a home! Sold as-is.
Source: SparkMLS
About this home
Located in Ferndale in Ferndale, this property offers 3-bedroom, 1-bath, 1,372 sq ft, with original construction dating to 1924.
Closed at $275,000 (about $200/sq ft).
Annual property taxes run approximately $4,111 ($343/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers. 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 Area1,372 sqft
Lot Size0.13 acres
Year Built1924
Stories2
Location
CityFerndale
MunicipalityFerndale City
Zip Code48220
CountyOakland
School DistrictFerndale
Construction & Systems
ConstructionWood Siding
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed11/21/2024
Sold Date12/2/2024
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$4,111
State Equalized Value$160,020
Taxable Value$160,020
Parcel #2528403025
Source: Public Records
Legal Description
T1N, R11E, SEC 28 ASSESSOR'S REPLAT OF THAT PART OF LOTS 1 TO 11, 15 & OUTLOT B SOUTH OF THE E & W LINE & ALL OF LOTS 16 TO 30, 33 TO 36 & OUTLOT A OF LA BELLE HEIGHTS SUB'N LOT 89 3-24-11 CORR
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Vence J McBride
BlackFin Realty Group LLC
Frequently Asked Questions about 767 W DRAYTON Street, Ferndale, MI 48220
What school district is 767 W DRAYTON Street, Ferndale, MI 48220 in?
Per MLS# 20240087229, this property is served by Ferndale. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 767 W DRAYTON Street, Ferndale, MI 48220?
Per MLS# 20240087229, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20240087229, the most recent reported annual property tax for 767 W DRAYTON Street, Ferndale, MI 48220 is $4,111. 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 767 W DRAYTON Street, Ferndale, MI 48220 eligible for USDA financing?
Per USDA Rural Development boundary data, 767 W 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 767 W DRAYTON Street, Ferndale, MI 48220 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.
Is fiber internet available at 767 W DRAYTON Street, Ferndale, MI 48220?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 5.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
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.
Map
Mortgage Calculator
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Monthly payment$1,719
Principal & interest$1,719
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
767 W DRAYTON Street, Ferndale, MI 48220
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Municipality
Ferndale
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County
Oakland County
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