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1553 Silman St, Ferndale, MI, 48220

$169,900

Home List Price

$2,018*

Closing Credit

2 Bedrooms
1 Full Bath
759 SqFt
$224/SqFt
House

Location

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1553 Silman St, Ferndale$169,900

Buyer Closing Credits

$2,018*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1924
HeatingNatural Gas, Forced Air
CoolingCentral Air
MLS #20240087161
Lot Size0.07 Acres
StatusActive

About 1553 Silman St

Welcome to this updated ranch in Ferndale featuring a charming covered front porch and bright, welcoming interior. Step inside to a cozy living room with dark hardwood floors that lead into a spacious open kitchen and dining area, complete with a center island and convenient laundry. Two nice-sized bedrooms share a full bath down the hallway, providing comfort and functionality. Plus, this home includes a fully functional solar panel system that supplements all of the electric energy usage, offering incredible savings and sustainability. Outside, enjoy a private backyard oasis with a brick patio, firepit, and plenty of storage in the sheds. Located within walking distance to local parks and just minutes from downtown Ferndale. Welcome Home!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1924
  • Stories: 1
  • Living Area: 759 SqFt

Listing Office:

  • Office Name: Good Company
  • Office Phone: (248) 733-5811
  • Listing Agent: Jim Shaffer

Interior Features

Interior Information:

  • Appliances: Disposal, Dryer, Electric Oven, Refrigerator, Microwave, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Lighting

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: North of 8 Mile Rd. & East of Hilton Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $169,900
  • Price Per SqFt: $224/SqFt

Tax Information:

  • Annual Amount: $2,218
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Ferndale, MI.

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Ferndale, MI

City

Med. Sold Price

$252.1K

Med. Price/SqFt

$233

Avg. Days On Market

23

# of Sold Homes

31

1553 Silman St vs Ferndale

1 DAY ON ROCKET

-22 Days

$169,900

-$82.2K Less

$224/SqFt

-$10 Less

KEY TAKEAWAY

This property is $82.2K less than the Median Sold Price and $10/SqFt less than other homes in Ferndale, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240087161

Listing Office:

  • Office Name: Good Company
  • Office Phone: (248) 733-5811
  • Listing Agent: Jim Shaffer

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 3:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 14, 2016Home Sold
$56,000
Jun 08, 2016Home Sold
$32,500
Jan 11, 2006Home Sold
$95,000
Jun 11, 2003Home Sold
$82,450
Apr 24, 2002Home Sold
$40,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,218$47,890
2020$2,182$45,380
2018$2,149$31,730
2017$2,120$30,190

History based on county public records data.

Payment Calculator

$915

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$576

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-169083
2
/10

  • United Oaks Elementary School

  • 1001 E Harry Ave

  • 0.90 miles

  • Public District Grades KG-5

school-card-donut-169084
2
/10

  • Hoover Elementary School

  • 23720 Hoover Ave

  • 1.44 miles

  • Public District Grades PK-5

school-card-donut-169085
2
/10

  • Pasteur Elementary School

  • 19811 Stoepel St

  • 1.87 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,925. Most Ferndale, MI residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1553 Silman St

What is the listing price of this property?

The listing price of 1553 Silman St property is $169,900.

What type of property is this?

The property 1553 Silman St is a house located in Ferndale, Michigan, 48220.

Is this property for sale now?

Active Listing: 1553 Silman St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,218 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 14, 2016 for $56,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1553 Silman St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1553 Silman St is 759 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1553 Silman St is 1924.

Rocket Homes›Michigan›Oakland County›Ferndale›48220›1553 Silman St

This home is located at 1553 Silman St in Ferndale, MI and zip code 48220. This 759 square foot home, which was built in 1924, sits on a 0.07 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $169,900.

Over 14 listings were sold over their listed price in October 2024 in Ferndale, MI. In the same period over 9 listings were sold below the listed price and 8 listings were sold for the listed price. The number of homes for sale in Ferndale, MI increased by 12.5% between September 2024 and October 2024. While the average time on the market in October 2024 was 23 days, the median list price was $252,112.

From Rocket Homes Real Estate and based on county public records data.

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