Pending
925 Laprairie Street, 117, Ferndale, MI 48220
$125,000
MLS # 20261021390 (Realcomp)
1 bed1 bath775 sqftBuilt 19660 acres
1 / 31
Listing Description
A condo in Ferndale for under 130k!?! Within walking distance to the downtown area?!? Yes, that is correct! This one-bedroom condo features an open floor plan that combines the living room and dining area providing the free-flowing feel of a larger space. Hardwood floors throughout, an updated kitchen with granite countertops and the ability to hookup an in-unit washer/dryer. Secure assigned basement storage and coin operated laundry is also available making this first-floor unit great for those wanting an affordable option to call home or their next investment property. Check with your lender regarding lending options. Welcome to Ferndale! Seller says bring us an offer! We will consider all reasonable offers!
Source: SparkMLS
About this home
1-bedroom, 1-bath, 775 sq ft home in Ferndale in Ferndale built in 1966.
Asking $125,000 (about $161/sq ft).
Estimated annual property tax: $1,607, or about $134 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 SubtypeCondominium
Bedrooms1
Bathrooms1
Living Area775 sqft
Year Built1966
Stories1
Location
CityFerndale
MunicipalityFerndale City
Zip Code48220
CountyOakland
School DistrictFerndale
Construction & Systems
ConstructionBrick
HeatingForced Air
Sale & Financing
Listed4/1/2026
Original Price$129,900
Terms AcceptedCash, Conventional, FHA
HOA
HOA Fee$171 / Monthly
IncludesLawn/Yard Care, Sewer, Trash, Water
Source: SparkMLS
Tax Information
Annual Tax$1,607
State Equalized Value$48,270
Taxable Value$21,190
Parcel #2534179025
Source: Public Records
Legal Description
T1N, R11E, SEC 34 OAKLAND COUNTY CONDOMINIUM PLAN NO 1762 MARSHALL PLACE UNIT 17, BLDG B L 35835 P 117 7-12-05 FR 327-001
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by James D Wellington
RE/MAX First
Frequently Asked Questions about 925 Laprairie Street, 117, Ferndale, MI 48220
Which school district serves 925 Laprairie Street, 117, Ferndale, MI 48220?
Per MLS# 20261021390, 925 Laprairie Street, 117, 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# 20261021390, 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 925 Laprairie Street, 117, Ferndale, MI 48220?
Per public tax records, annual property taxes for this property are $1,607. 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, 925 Laprairie Street, 117, 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 925 Laprairie Street, 117, 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 925 Laprairie Street, 117, Ferndale, MI 48220?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. 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.
Map
Mortgage Calculator
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Monthly payment$982
Principal & interest$811
HOA$171
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
925 Laprairie Street, 117, Ferndale, MI 48220
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Municipality
Ferndale
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County
Oakland County
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