Sold
8750 W 9 MILE Road, Oak Park, MI 48237
Sold on 10/02/2023 for$571,050
MLS # 20230073805 (Realcomp)
Built 19490.29 acres
1 / 43
Listing Description
Fantastic opportunity to own this wonderful four-unit apartment building with an additional connected business space. Three units with two beds and one bath. One unit with three beds and one bath. Updated interior with hardwood floors, arched passageways, and coved ceilings. Roomy kitchen and dining area. Shared basement with coin laundry. Lower level business is a large space with a lobby, reception area, kitchen, half bath, and six offices. Fenced backyard with mature trees and green grass. Great location between downtown Oak Park and downtown Ferndale. Welcome Home!
Source: SparkMLS
About this home
This 4-bath home built in 1949 sits in Oak Park.
This home sold for $571,050.
Estimated annual property tax: $4,531, or about $378 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 TypeMulti Family
Bathrooms4
Lot Size0.29 acres
Year Built1949
Location
CityOak Park
MunicipalityOak Park City
Zip Code48237
CountyOakland
School DistrictFerndale
Construction & Systems
ConstructionBrick
HeatingBaseboard
WaterPublic
SewerPublic
Sale & Financing
Listed8/31/2023
Sold Date10/1/2023
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$4,531
State Equalized Value$163,600
Taxable Value$144,443
Parcel #2528352035
Source: Public Records
Legal Description
T1N, R11E, SEC 28 OAK PARK SUB LOT 235 EXC N 59.26 FT
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jim Shaffer
Good Company
Frequently Asked Questions about 8750 W 9 MILE Road, Oak Park, MI 48237
What school district is 8750 W 9 MILE Road, Oak Park, MI 48237 in?
Per MLS# 20230073805, 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 8750 W 9 MILE Road, Oak Park, MI 48237?
Per MLS# 20230073805, 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# 20230073805, the most recent reported annual property tax for 8750 W 9 MILE Road, Oak Park, MI 48237 is $4,531. 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 8750 W 9 MILE Road, Oak Park, MI 48237 eligible for USDA financing?
Per USDA Rural Development boundary data, 8750 W 9 MILE Road, Oak Park, MI 48237 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, 8750 W 9 MILE Road, 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$3,567
Principal & interest$3,567
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
8750 W 9 MILE Road, Oak Park, MI 48237
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County
Oakland County
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