139 Edgewood Place

About this home

Charming and well-maintained bungalow in a desirable Ferndale location just west of Woodward! This unique home offers 3 bedrooms and 2 full bathrooms, with plenty of character and charm throughout. Currently utilized as an upper and lower unit, the property can easily be converted back to a single-family home by removing a section of flooring in the closet, with the staircase already in place. Pride of ownership is evident throughout, with numerous updates including plumbing and electrical improvements, newer windows, and a furnace less than one year old with City of Ferndale permits. Brand-new carpet was just installed in the lower-level bedrooms. All appliances are included in the sale. Whether you're looking for a move-in-ready home or a property with flexible living arrangements, this one is full of possibilities. Well cared for, turnkey, and ready for its next owner to make it their own. Seller is the listing agent. Sq.ft source is estimated.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Ferndale

Over the last 90 days, 101 homes sold in Ferndale for a median of $262,000, about $207 per square foot, and the typical one went under contract in 12 days. This home is listed at $240,000, or $134 per square foot, 35% below the city median, and has been on the market 1 day. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Ferndale sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $2,020 a year. A buyer who lives here would pay about $1,272 to $5,715 a year once the taxable value resets after the sale, at the 2025 homestead rate of 47.16 mills for Ferndale City and Ferndale schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.

Location

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