293 FIELDING Street

About this home

Great price and huge potential on this 3 bedroom 2 full bath bungalow on a basement. Seller offering land contract terms. Originally set up as a duplex, would be an ideal mother-in-law upper suite with its own potential kitchen (plumbing in place), bedroom, siting room and bath. Lower level has 2 bedrooms, another bath, dining room and kitchen. Hardwood floors throughout. Some recent partial remodeling done in kitchen (whte Shaker style cabinets & granite counters & designer faucet), bathrooms and some newer paint & fixtures. Newer furnace. Price reflects further possible needed updates/repairs. NOTE: Seller offering land contract terms. No FHA or VA offers please. Being sold strictly as-is...seller will do no cleanout or repairs. Fenced yard has a garage (2 car with 1 car door). Enclosed front porch/3 season room. Room sizes are estimates. Information in this listing is deemed reliable but not guaranteed. Taxes are non-homestead so will be rated at a lower millage for an owner occupant buyer. Seller offering help options…in documents/disclosures. Also ask your agent for a copy from shared docs. Owner is a licensed broker in the state of Michigan.

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 $164,900, or $127 per square foot, 39% 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 $8,961 a year. A buyer who lives here would pay about $5,399 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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