2204 Mahan Street

About this home

This new house in a fabulous north Ferndale neighborhood has everything you are looking for. On the first level step into your open living space with living dining and kitchen all seamlessly integrated together. The kitchen features plenty of cabinets and drawers, pantry cabinets, new GE appliances, quartz counters, a large island and separate dining area. A gas fireplace is perfect for those cold Michigan winters. A large mudroom, private office and powder room complete the first floor. The second level has a large primary suite, double vanity in bathroom and a large walk-in closet with built in “California” type shelving. There are also two additional bedrooms, large common bath with double vanity along with a laundry room. The almost 1,000 sq foot waterproofed basement (25 year warranty) has extra height to accommodate extra living area, work out area or simply storage. There is a large patio in the back yard along with a one car garage. The landscape is newly installed, and the home is ready for its new owners. Welcome home! PLEASE Note – this house was built on an existing basement. The entire house structure is new from decking to roof.

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 $499,999, or $251 per square foot, 21% above the city median, and has been on the market 29 days. 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 $7,980 a year. A buyer who lives here would pay about $7,534 to $13,048 a year once the taxable value resets after the sale, at the 2025 homestead rate of 51.68 mills for Ferndale City and Hazel Park 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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