Price Reduction - New Construction
Address
3040 Inman Street, Ferndale, MI
Price
$ 187,000
Property Attributes
  • ID#20240016683
  • TypeSingle Family
  • CountyOAKLAND
  • CityFerndale
  • AreaFerndale
  • NeighborhoodWOODWARD HEIGHTS ROYAL OAK ADD
  • Zip48220
  • StyleBungalow
  • Year Built1928
  • Taxes$ 3103
  • Price$ 187,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1148
  • Lot Size0.19 Acres
Data Source:
RealComp
Property Description

Investor Special!!! LAND CONTRACT AVAILABLE WITH MULTIPLE TERM TYPES Welcome to this delightful bungalow nestled in the heart of Ferndale, offering comfort, character, and convenience. With approximately 1148 square feet of living space and A double lot, this home presents a cozy retreat for those seeking the perfect blend of classic charm and modern amenities. Upon entry, you're greeted by a warm and inviting living room adorned with hardwood floors, providing a welcoming space for relaxation and entertainment. The abundance of natural light adds to the airy atmosphere, creating a sense of openness throughout the home. This bungalow offers two bedrooms and a full bathroom, providing comfortable accommodations for residents and guests alike. The bedrooms feature hardwood floors and generous closet space, while the bathroom offers modern fixtures and a soothing ambiance. Outside, you'll find a spacious backyard, perfect for outdoor gatherings, gardening, or simply enjoying the sunshine. The detached garage provides convenient parking and additional storage space. Located in the vibrant community of Ferndale, this home offers easy access to local shops, restaurants, parks, Breweries and entertainment options. A new farmers Market is currently under construction just 3 blocks away. With its prime location and charming features, this bungalow presents a rare opportunity to own a piece of Ferndale's unique charm. Don't miss out on the chance to make this lovely bungalow your own – schedule your showing today! This home is an investment opportunity, With 15k worth of work You'll have a home freshly remodeled Exactly the way you want it and still have equity on the table. We have pricing from our local contractor. Please contact agent if help with financing is needed. 203 construction loan is available.

Price History
3/15/2024 Listed $210,000
3/26/2024 5% - $200,000
5/2/2024 7% - $187,000

General Features

Sewer Public Sewer (Sewer-Sanitary)
Heating Forced Air
Possession Close Plus 30 Days
Full Baths 1
Year Built 1928
Property Type Residential
Year Remodeled 1985
Deposit Amount 30000.00
Warranty No
Subdivision Name WOODWARD HEIGHTS ROYAL OAK ADD
Transaction Type Sale
OccupantName Brock House
Status Active
Short Sale No
Cumulative Days on Market 74
MLS Area Ferndale
Directions South on greyson West on mapledale st south on inman
City Ferndale
Terms Offered Cash,Contract,Conventional,VA
School District Ferndale
Land Contract Yes
Down Payment Resource Yes
Ownership Status Short Sale - No,Private Owned
Street Name INMAN
Homestead Yes
Assessment 852.00
Total Sq Ft 1148
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/nocbor/20240016683
DOM 74
Taxes 3103.0000
Legal Description T1N,R11E,SEC 27 WOODWARD HEIGHTS ROYAL OAK ADD N 18.69 FT OF LOT 16 & ALL OF LOT 17

Interior Features

Heating Fuel Natural Gas
Entry Location Ground Level w/Steps
Room Count 6
Lock Box Type Appointment
Street Suffix Street
Beds Total 3
Total Baths 1.00

Exterior Features

Exterior Aluminum
Garage Features Detached
Garage Capacity 2 Car
Lot Size Area 0.19
Water Source Public (Municipal)
Frontage Feet 45
Foundation Crawl
Lot Size Dimensions 45x140
Roof Material Asphalt
Garage Y/N Yes
Road Frontage Type Paved
Architecture Level 2 Story
Architecture Style Bungalow

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Weichert, Realtors® - E-Solutions and The Originating MLS(found above), © 2024 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of May 30, 2024 1:31 AM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Single Family Average in 48220

Price
AVG $230K
$190K
Taxes
AVG $3,650
$3,103
Visits
AVG 168
217
Data Provided by Inside Real Estate®
Year Built
AVG 1939
1928

Areas We Cover