3131 Grayson Street

About this home

New construction just a short distance from downtown Ferndale backing up to Harding park.! This modern home features high end finishes and an open floor plan. The lower level has office/ bedroom and floor plan seamlessly melding the living area, kitchen and dining areas into an open space for family time and also a great entertainment space. There is a mudroom as you enter from attached garage and a powder room as well. The kitchen features stunning tile work, granite counter tops, walk in pantry, large 4-person island and upscale appliances and cabinetry that will meet any chefs cooking needs. The dining area has large floor to ceiling windows on two sides which bring in plenty of sunlight and overlook the spacious backyard with a patio, perfect for your outdoor living needs. The second level has three large bedrooms, laundry room and full- sized common bathroom. The primary suite features a large walk in custom closest. The primary bathroom has a large, tiled shower with a bench, double vanity and separate water closet. The full-sized basement has been prepped for a full bath and is ready for your vision to convert into additional living space. The attached one car garage, perfect landscaping with a sprinkler system and fully fenced in backyard insures years of stress-free worry-free living in beautiful downtown Ferndale – Welcome home!

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 $624,900, or $300 per square foot, 45% above the city median, and has been on the market 30 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 $2,647 a year. A buyer who lives here would pay about $2,348 to $14,881 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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