8740 Leroy Street
Oak Park, MI 48237
Single Family Residence · MLS # 20261085453 · Listing courtesy of Michigan First Realty LLC
About this home
Charming Bungalow with Great Potential in Desirable Ferndale Wyoming Subdivision! Welcome to this cozy 3-bedroom bungalow located in Oak Park's desirable Ferndale Wyoming Subdivision, within the Ferndale School District! Filled with natural light, the inviting living and dining rooms create a warm and welcoming atmosphere. The kitchen features stainless steel appliances, while the functional layout offers two bedrooms on the main floor and a spacious third bedroom upstairs. Numerous updates completed in 2021 include fresh interior paint, vinyl flooring throughout the main level, carpeting on the second floor, exterior painting, and a new furnace. Outside, enjoy a fully fenced backyard and a spacious 2.5-car detached garage, providing plenty of room for parking and storage. With some TLC, this charming bungalow can truly shine! A great opportunity for homeowners looking to make it their own or investors seeking a property with excellent potential. ***AI Pictures included in the listing***
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Oak Park
Over the last 90 days, 53 homes sold in Oak Park for a median of $239,250, about $136 per square foot, and the typical one went under contract in 13 days. This home is listed at $229,900, or $133 per square foot, about the same as the city median, and has been on the market 2 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Oak Park sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $2,009 a year. A buyer who lives here would pay about $1,542 to $6,902 a year once the taxable value resets after the sale, at the 2025 homestead rate of 59.45 mills for Oak Park 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 Oak Park
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