24111 Norwood Street
Oak Park, MI 48237
Single Family Residence · MLS # 20261090935 · Listing courtesy of Michigan First Realty LLC
About this home
Welcome to this charming Ranch in desirable North Oak Park, within the Ferndale School District! Situated on a fenced corner lot directly across from a school and park, this home offers a wonderful combination of comfort and convenience. Featuring three bedrooms and one full bathroom, the home has been freshly painted and updated with new vinyl flooring. The updated kitchen (2017) features an abundance of white cabinetry, providing plenty of storage space, along with a spacious eat-in area perfect for casual dining and everyday meals. The finished basement provides additional living space, featuring a carpeted recreation room and a versatile bonus room, perfect for a home office, playroom, or hobby space. A wonderful opportunity to own a move-in-ready home in a desirable location, whether for personal use or as a rental property!
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Oak Park
Over the last 90 days, 53 homes sold in Oak Park for a median of $239,250, about $136 per square foot, and the typical one went under contract in 13 days. This home is listed at $245,000, or $140 per square foot, 3% above 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 Oak Park sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $7,404 a year. A buyer who lives here would pay about $5,683 to $7,355 a year once the taxable value resets after the sale, at the 2025 homestead rate of 59.45 mills for Oak Park 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
Similar homes in Oak Park
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