tomo logo

$249,900

Beds
3
Baths
1.0
sq ft
1,015

365 Spencer St, Ferndale, MI 48220

365 Spencer St

FerndaleCity_Oakland, MI 48220

    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

    HOA

    No

    Price History

    03/28/2025
    Realcomp

    Realcomp #20250008702

    Listed
    $249,900
    03/12/2025
    Realcomp

    Realcomp #20250008702

    Removed
    $249,900
    02/08/2025
    Realcomp

    Realcomp #20250008702

    Listed
    $249,900

    Schools & Community

    Elementary school: 

    Unknown

    Middle school: 

    Unknown

    High school: 

    Unknown

    High 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
    MiRealSource
    $225,000
    3 bd
    |
    1 ba
    |
    964 sq ft
    |
    House

    21373 Reimanville Ave, Ferndale, MI 48220

    Realcomp
    $224,900
    3 bd
    |
    1 ba
    |
    1,026 sq ft
    |
    House

    1957 Bonner St, Ferndale, MI 48220

    Status: Active

    Tomo last checked: 03/31/2025 at 5:45 PM

    Listing updated: 03/27/2025 at 8:46 PM

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

    MLS: Realcomp #20250008702

    Realcomp logo

    Recently listed in FerndaleCity_Oakland

    $429,900|3 bd|2.5 ba|House
    $265,000|3 bd|2.5 ba|House
    $275,000|3 bd|2.0 ba|House
    $185,000|2 bd|1.0 ba|House
    $325,000|3 bd|2.0 ba|House
    $330,000|3 bd|2.5 ba|House
    $270,000|2 bd|1.5 ba|Condo
    $675,000|3 bd|2.5 ba|House
    $347,900|3 bd|2.0 ba|House