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Younited Mortgage Loan Application NMLS #1880125

507 Spencer St Ferndale, MI 48220

front view for 507 Spencer St, Ferndale, Mi. 48220
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map of 507 Spencer St Ferndale, MI 48220
Price:$225,000|Beds: 3|Baths: 1|Area: 935 sq ft
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Explore our fast and easy mortgage options to maximize your home’s value. Younited Mortgage NMLS #1880125

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Overview

The home at
507 Spencer St Ferndale, MI. 48220
 has 2 bedrooms 1 bathrooms 740 square feet of living space. It sits on 4138 square feet of land. And its legal description is

T1N, R11E, SEC 35 HUGO SCHERER'S SUB LOT 215, ALSO 1/2 OF VAC ALLEY ADJ TO SAME

County Registrar of Deeds Public Record

This building may also appear as:

507 Spencer St
507 Spencer St Ferndale, MI. 48220-2649

beautifully updated 3-bedroom bungalow in a prime ferndale location, just minutes from shops, restaurants, and parks. The remodeled kitchen features quartz countertops, new cabinets, stainless steel appliances, and slate tile flooring. Bright open living and dining areas create a welcoming space for everyday living and entertaining. Recent upgrades include a new roof (2024) with transferable warranties, newer furnace and water heater (2020), and a full-house generator. Additional highlights include fresh paint, new carpet, laundry appliances, and a clean, open basement ready for your finishing touches. Outside, enjoy a fully fenced backyard, private driveway, and covered front porch—perfect for relaxing or entertaining.

More Information

  • MLS Number: 20251009543
  • Price: $225,000.00
  • Listing Start Date: 06/18/2025
  • Current MLS Status: Active
  • Status Date: 06/19/2025
  • Year Built: 1941
  • Square Footage: 935
  • Price per SqFt: $240.64
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Tax: $5,234
  • Year Remodeled: 2023
  • Has Basement: Yes
  • Down Payment Assistance: Call us for resources
Public Record Information
  • Estimated Value: $152,352
  • Square Footage: 740
  • Lot Area: 0.10 acres (4,138 sqft)
  • Price per SqFt: $205.00
  • Year Built: 1941
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Taxes (from public record): $4,593
  • Approx. Loan Amount: $110,400
  • Zoning: RI
  • Floor Types:
  • Amenities:
  • Heating Types: Forced Air Unit
  • Exterior Wall Types: Aluminum Or Vinyl Siding
  • Architecture Type: Ranch
  • Roof Material: Asphalt
  • Legal Description: T1N, R11E, SEC 35 HUGO SCHERER'S SUB LOT 215, ALSO 1/2 OF VAC ALLEY ADJ TO SAME
  • Current APN
    (Assessor's Parcel Number):     24-25-35-306-040 (242535306040)
  • General Land Use: Residential
  • County Land Use: Single Family Residential (401)
  • Owner Occupied: Yes
  • Owner City: Ferndale, MI
  • Land Features: Level Grade

Valuation

Estimated Value
$152,352
Range of Comparable Sales
Low: $150,828
High:
$153,875

Exact Location

map of 507 Spencer St Ferndale, MI 48220

Estimated Monthly Expenses

Total Monthly Cost
$
Property Tax
$
$
Heat
$
Electric Bill
$
   

Transaction History

*This data is provided from public record
Sale Date Sale Price Arm's-Length
03/02/2023 $138,000 Yes
07/31/2020 Yes
04/13/2004 Yes

Schools Nearby

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front view picture of 287 Fielding St, Ferndale, MI. 48220

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front view picture of 154 Stratford Rd, Ferndale, MI. 48220

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front view picture of 1641 Silman St, Ferndale, MI. 48220

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front view picture of 1939 Romeo St, Ferndale, MI. 48220

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front view picture of 925 W Hazelhurst St, Ferndale, MI. 48220

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front view picture of 3299 Goodrich St, Ferndale, MI. 48220

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front view picture of 287 Fielding St, Ferndale, MI. 48220

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front view picture of 1641 Silman St, Ferndale, MI. 48220

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front view picture of 2117 Mapledale St, Ferndale, MI. 48220

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front view picture of 507 Spencer St, Ferndale, MI. 48220

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front view picture of 255 E Maplehurst St, Ferndale, MI. 48220

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Listing Provided by ERA Prime Real Estate Group   Office Contact Info: (248) 474-3303

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