546 E Drayton Street

About this home

Welcome home to this adorable 3-bedroom brick ranch in a fantastic location, just minutes from downtown Ferndale and conveniently located near local schools, parks, and neighborhood amenities! Step inside to a spacious entry living room featuring an open floor plan, beautiful floors, and an abundance of natural light. The updated kitchen offers newer stainless steel appliances, fresh paint, ample cabinetry, and a charming eat-in breakfast nook with bench seating, perfect for casual meals or morning coffee. Three comfortable bedrooms share an updated full bathroom with a tiled shower. The full basement provides excellent additional storage, laundry space, and plenty of potential for future use. Outside, enjoy a large fenced backyard with a patio, storage shed, and room for pets, entertaining, or relaxing around the fire. Additional highlights include newer flooring, and an HVAC system approximately 3 years old. Conveniently located near downtown Ferndale, schools, parks, and everything the area has to offer. Don't miss your opportunity to make this charming ranch your new 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 $250,000, or $274 per square foot, 32% above the city median, and has been on the market 19 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 $6,148 a year. A buyer who lives here would pay about $5,738 to $5,953 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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