625 E Drayton Street
Ferndale, MI 48220
Single Family Residence · MLS # 20261089268 · Listing courtesy of Good Company
About this home
Sweet ranch with two bedrooms, a cozy enclosed front porch, and a tree-shaded backyard, all just a short walk from downtown. An enclosed front porch lined with windows welcomes you home and makes a perfect spot for morning coffee. Inside, the living room features warm hardwood floors and great natural light. The kitchen offers plenty of cabinet storage, tile floors, and a sunny dining nook with open corner shelving. Two bedrooms and a full bath with a deep soaking tub complete the main level. The basement adds laundry, built-in knotty pine cabinetry, and lots of shelving for storage. Out back, the private fenced yard is a true retreat with a mature tree canopy, a stone patio, a covered awning area, a garden bed, and a storage shed. Ferndale schools and an easy walk to 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 $185,000, or $268 per square foot, 29% 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 Ferndale sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $1,941 a year. A buyer who lives here would pay about $1,664 to $4,406 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
Similar homes in Ferndale
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