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1553 Silman St, Ferndale, MI, 48220

$150,000

Home List Price

$1,781*

Closing Credit

2 Bedrooms
1 Full Bath
759 SqFt
$198/SqFt
House

Location

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1553 Silman St, Ferndale$150,000

Buyer Closing Credits

$1,781*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNoGarage
Year Built1924
HeatingForced Air, Natural Gas
MLS #20240093634
Lot Size0.07 Acres
StatusActive

About 1553 Silman St

Step inside this adorable 2-bedroom, 1-bathroom home and fall in love with its spacious layout. Move-in ready, this home offers modern updates with neutral colors and abundant natural lighting. The kitchen featuring pristine white cabinets, stunning countertops and a central island make this a perfect space for all of your culinary needs. Outside you will find a private oasis ready to host all of our outdoor entertaining, perfect for those warm summer evenings. And for added peace of mind, the home includes solar panels to allow for lower energy bills. Conveniently located close to amenities, this home combines charm and practicality. Don't miss your opportunity to own this stunning home, schedule your showing today! Please note this property does not have a driveway although there is ample street parking available.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: EXP Realty Main
  • Office Phone: (888) 501-7085
  • Listing Agent: Michael Perna, Jonathan Stevens

Interior Features

Interior Information:

  • Basement: No
  • Interior: HighSpeedInternet, ProgrammableThermostat

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Lighting

Parking Information:

  • Attached Garage: No
  • Parking: NoGarage

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $150,000
  • Price Per SqFt: $198/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

$251.2K

Med. Price/SqFt

$208

Avg. Days On Market

32

# of Sold Homes

33

1553 Silman St vs Ferndale

4 DAYS ON ROCKET

-28 Days

$150,000

-$101.2K Less

$198/SqFt

-$10 Less

KEY TAKEAWAY

This property is $101.2K 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: #20240093634

Listing Office:

  • Office Name: EXP Realty Main
  • Office Phone: (888) 501-7085
  • Listing Agent: Michael Perna, Jonathan Stevens

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 © 2025 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: 1/6/2025, 8:21:06 PM 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

$816

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$516

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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-756757
2
/10

  • United Oaks Elementary School

  • 1001 E Harry Ave

  • 0.90 miles

  • Public District Grades KG-5

school-card-donut-756758
2
/10

  • Hoover Elementary School

  • 23720 Hoover Ave

  • 1.44 miles

  • Public District Grades PK-5

school-card-donut-756759
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. The majority of Ferndale, MI residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

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 $150,000.

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 January 02, 2025 and is currently priced at $150,000.

Over 7 listings were sold over their listed price in December 2024 in Ferndale, MI. In the same period over 22 listings were sold below the listed price and 4 listings were sold for the listed price. The number of homes for sale in Ferndale, MI decreased by 7.2% between November 2024 and December 2024. In December 2024 median list price was $251,204 and the average listing age was 32 days.

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

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