2323 Bonner Street

About this home

Welcome home to this MOVE-IN READY Ferndale charmer! This 2-bedroom, 1-bathroom home has fresh new carpet (Nov 2026), an on-demand tankless water heater provides endless hot water while helping trim energy bills, and R-30 attic insulation keeps you comfortable year-round. Home chefs will love the gas line already in place for a gas stove. Outside, enjoy summer evenings on the deck, recently reinforced with new stringers, and a detached 1.5 car garage ready for parking, storage, or your next workshop project. The home sits on a peaceful residential street just minutes from downtown Ferndale’s restaurants, shops, and nightlife, with easy access to Woodward and I-696. Homes like this in one of Oakland County’s most sought-after communities don’t last long, so schedule your showing today!

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 $189,900, or $235 per square foot, 14% above the city median, and has been on the market 9 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 $5,411 a year. A buyer who lives here would pay about $3,765 to $4,956 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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