602 Spencer Street

About this home

Gorgeous! Completely remodeled, this home features new kitchen with granite counters and new luxury plank flooring, updated bathroom with new vanity, LVP floor, and freshly painted throughout. Refinished hardwood floors. All new six panel doors. New modern light fixtures. Beautiful landscape and fenced yard. Bright and light basement, walls and floor are freshly painted. Garden tool shed in yard. Huge dog park within walking distance!

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 $199,900, or $298 per square foot, 44% above the city median, and has been on the market 88 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 $4,559 a year. A buyer who lives here would pay about $3,066 to $4,760 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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