HeatingENERGY STAR Qualified Equipment, Natural Gas
BasementYes
MLS #20240087918
Lot Size0.12 Acres
StatusActive
About 3244 Mcdowell St
Welcome to this cozy and well-maintained 1-bedroom, 1-bathroom home, perfect for first-time homebuyers or investors as it is currently tenant occupied in Ferndale! Located in a quiet neighborhood, this home features an inviting open floor plan with natural light throughout. Don't miss the opportunity to own this charming home in a great Ferndale neighborhood! Schedule a tour today!
Property Details
Property Features
Property Information:
Architectural Style: Ranch
Year Built: 1923
Living Area: 448 SqFt
Listing Office:
Office Name: The Stephan Group
Office Phone: (810) 412-8170
Listing Agent: Andrea Stephan
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 1
Exterior Features
Parking Information:
Attached Garage: No
Parking: NoGarage
Lot Features
Lot Information:
Lot Size: 0.12 Acres
Utilities
Utilities Information:
Heating: ENERGY STAR Qualified Equipment, Natural Gas
Other
Directions Information:
Directions: HILTON & 10 MILE
Price Information
Listing Price Info
Price Summary:
List Price: $150,000
Price Per SqFt: $335/SqFt
Tax Information:
Annual Amount: $1,402
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Ferndale, MI.
This property is $100.3K less than the Median Sold Price and $126/SqFt more 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: #20240087918
Listing Office:
Office Name: The Stephan Group
Office Phone: (810) 412-8170
Listing Agent: Andrea Stephan
Disclaimer: 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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$816
Per Month
Principal & Interest
$749
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$516
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Oakland Elementary School
2415 Brockton Ave
Distance between this listing and this school0.58 miles
Public District Grades KG-5
2
/10
Hoover Elementary School
23720 Hoover Ave
Distance between this listing and this school1.59 miles
Public District Grades PK-5
2
/10
United Oaks Elementary School
1001 E Harry Ave
Distance between this listing and this school1.81 miles
Public District Grades KG-5
Nearby Schools
2
/10
Wilkinson Middle School
26524 John R Rd
Distance between this listing and this school1.36 miles
Public District Grades 6-8
1
/10
Hazel Park Junior High School
22770 Highland Ave
Distance between this listing and this school1.54 miles
Public District Grades 6-8
5
/10
Royal Oak Middle School
709 N Washington Ave
Distance between this listing and this school1.95 miles
Public District Grades 6-8
Nearby Schools
2
/10
Webb Elementary School
2100 Woodward Hts
Distance between this listing and this school0.54 miles
Public District Grades PK-12
1
/10
Invest Roosevelt Alternative High School
24131 S Chrysler Dr
Distance between this listing and this school0.62 miles
Public District Grades 9-12
4
/10
University High School
2521 Bermuda St
Distance between this listing and this school0.79 miles
The neighbors living near this home have an average income of $73,875. Most Ferndale, MI residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3244 Mcdowell St
What is the listing price of this property?
The listing price of 3244 Mcdowell St property is $150,000.
What type of property is this?
The property 3244 Mcdowell St is a house located in Ferndale, Michigan, 48220.
Is this property for sale now?
Active Listing: 3244 Mcdowell 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 $1,402 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 14, 2013 for $26,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 3244 Mcdowell St has 1 bedroom and 1 bathroom.
What is the square footage of this property?
The property 3244 Mcdowell St is 448 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 3244 Mcdowell St is 1923.
This home is located at 3244 Mcdowell St in Ferndale, MI and zip code 48220. This 448 square foot home, which was built in 1923, sits on a 0.12 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $150,000.
While more than 10 listings in Ferndale, MI in November 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 14 were sold below. The inventory of homes for sale in Ferndale, MI between October 2024 and November 2024 decreased by 1.6%. The median list price of listings available in November 2024 was $250,302, while the average time on the real estate market was 23 days.
From Rocket Homes Real Estate and based on county public records data.