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767 W Drayton St, Ferndale, MI, 48220

$265,000

Home List Price

$3,147*

Closing Credit

3 Bedrooms
1 Full Bath
1,372 SqFt
$193/SqFt
House

Location

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767 W Drayton St, Ferndale$265,000

Buyer Closing Credits

$3,147*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1924
HeatingNatural Gas, Forced Air
CoolingCeiling Fan(s), Central Air
BasementYes
FireplaceLiving Room
MLS #20240087229
Lot Size0.13 Acres
StatusActive

About 767 W Drayton St

Opportunity awaits at this investor-friendly home! This 3-bedroom, 1-bathroom home is a diamond in the rough, perfect for savvy real estate investors or ambitious homeowners looking for a rewarding project. The home's potential is undeniable. The main living area offers a solid foundation to create a modern, inviting space, and the unfinished attic boasts an additional 620 square feet, ready to be transformed into a master suite, bonus room, or home office—the possibilities are endless! Located in vibrant Ferndale, you'll be just minutes from downtown shops, restaurants, and entertainment. With vision and effort, this property could become a stunning example of urban living or a profitable addition to your portfolio. Don't miss this incredible investment opportunity. Bring your ideas and contractor, and make this house a home! Sold as-is.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1924
  • Stories: 1
  • Living Area: 1,372 SqFt

Listing Office:

  • Office Name: Keller Williams Paint Creek
  • Office Phone: (248) 609-8000
  • Listing Agent: Vence J McBride

Interior Features

Interior Information:

  • Appliances: Electric Oven
  • Basement: Yes
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fenced

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • Directions: South of 696, West of Pinecrest

Price Information

Listing Price Info

Price Summary:

  • List Price: $265,000
  • Price Per SqFt: $193/SqFt

Tax Information:

  • Annual Amount: $3,829
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$252.1K

Med. Price/SqFt

$233

Avg. Days On Market

23

# of Sold Homes

31

767 W Drayton St vs Ferndale

1 DAY ON ROCKET

-22 Days

$265,000

+$12.8K More

$193/SqFt

-$41 Less

KEY TAKEAWAY

This property is $12.8K more than the Median Sold Price and $41/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: #20240087229

Listing Office:

  • Office Name: Keller Williams Paint Creek
  • Office Phone: (248) 609-8000
  • Listing Agent: Vence J McBride

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: 11/22/2024, 8:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,829$135,470
2020$3,763$136,250
2018$3,777$115,050
2017$3,730$113,050

History based on county public records data.

Payment Calculator

$1,390

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$861

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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-726489
3
/10
  • John F. Kennedy Elementary School

  • 24220 Rosewood St

  • 0.69 miles

  • Public Magnet Grades 3-5

school-card-donut-726490
1
/10
  • Key Elementary School

  • 23400 Jerome St

  • 1.36 miles

  • Public District Grades PK-5

school-card-donut-726491
2
/10
  • Pasteur Elementary School

  • 19811 Stoepel St

  • 1.97 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,913. Residents of Ferndale, MI typically earn between $100k-200k each year. The most common type of family is 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 767 W Drayton St

What is the listing price of this property?

The listing price of 767 W Drayton St property is $265,000.

What type of property is this?

The property 767 W Drayton St is a house located in Ferndale, Michigan, 48220.

Is this property for sale now?

Active Listing: 767 W Drayton 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 $3,829 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 767 W Drayton St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 767 W Drayton St is 1,372 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 767 W Drayton St is 1924.

Rocket Homes›Michigan›Oakland County›Ferndale›48220›767 W Drayton St

This home is located at 767 W Drayton St in Ferndale, MI and zip code 48220. This 1,372 square foot home, which was built in 1924, sits on a 0.13 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $265,000.

Ferndale, MI housing market in October 2024 saw over 14 listings sold above listed price, more than 8 sold at listed price and over 9 sold below. The number of homes for sale in Ferndale, MI increased by 12.5% between September 2024 and October 2024. In October 2024, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $252,112.

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

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