tomo logo

$249,900

Beds
3
Baths
1.0
sq ft
1,015

365 Spencer St, Ferndale, MI 48220

365 Spencer St

Ferndale, MI 48220

  • 14 days on market
Discover this rare gem in Ferndale, a beautifully updated home nestled on nearly two lots, perfect for entertaining or indulging your green thumb. Over the past decade, this residence has been thoughtfully modernized kitchen equipped with granite countertops, an updated bathroom, and refinished hardwood floors that add timeless charm. Fresh paint throughout enhances the inviting atmosphere. With key updates like a newer furnace, windows, A/C, and roof— all less than 10 years old— you can enjoy peace of mind in your new home. Step outside to a spacious backyard, complete with a privacy fence, ideal for gatherings or serene moments in your personal outdoor oasis. Don't miss the opportunity to make this exceptional property your own! All information deemed reliable or guaranteed. Buyers or buyer's agent to verify all information.

Details

Property type

Single Family Residence

Est. home value

$284,690

Lot size

8,712 sq ft

Price per sq ft

$247

Year built

1940

Annual property taxes

$4,844

Price History

02/08/2025
Realcomp

Realcomp #20250008702

Listed
$249,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ferndale

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Colony American Finance Lender Llc

Loan start date

March 2022

Original loan amount

$1,912,000

Est. remaining balance

Not provided

Interest rate

3.55%

Loan type

Building or Construction Loan

Seller

Jsr Real Estate Holdings Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
Realcomp
$250,000
3 bd
|
1 ba
|
964 sq ft
|
House

21373 Reimanville Ave, Ferndale, MI 48220

Price drop
Realcomp
$237,900
3 bd
|
1 ba
|
1,146 sq ft
|
House

591 Spencer St, Ferndale, MI 48220

Price drop
Realcomp
$249,900
3 bd
|
1 ba
|
1,312 sq ft
|
House

357 W Harry Ave, Hazel Park, MI 48030

Status: Active

Tomo last checked: 02/23/2025 at 11:05 AM

Listing updated: 02/15/2025 at 6:09 PM

Listed by: James A Haidar, James A Haidar, RE/MAX FirstRE/MAX First Phone #: (586) 781-2900

MLS: Realcomp #20250008702

Realcomp logo

Recently listed in Ferndale

$345,000|4 bd|1.0 ba|House
$234,900|3 bd|1.0 ba|House
$280,000|4 bd|2.0 ba|House
$189,900|2 bd|1.0 ba|House
$220,000|2 bd|1.0 ba|House
$209,000|3 bd|1.0 ba|House
$250,000|3 bd|1.0 ba|House
$425,000|4 bd|2.0 ba|House
$419,900|3 bd|2.5 ba|House
$375,000|3 bd|1.5 ba|House