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Sold for $271,000
  • $271,000

    392 E Cambourne St, Ferndale, MI 48220

    3beds
    1,416sqft
    Duplex
    Built in 1937
    -- sqft lot
    $278,300 Zestimate®
    $191/sqft
    $2,153 Estimated rent

    Home value

    $278,300

    $262,000 - $295,000

    $2,153/mo

    Zestimate® history
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    What's special

    Attention! Back on market and fully leased out with two great tenants! Income generating Ferndale duplex within walking distance to downtown! Units are separately metered for gas and electric, with one meter for water that is prorated 75%/25% between lower and upper units. Tenants pay all utilities. Upstairs unit is currently rented at $1,100/month through August 2026. Lower unit has had the same tenant for around 30 years, currently paying $1625/month with existing lease in place until January 2028, with rent increases built in to current agreement to $1675/month in February 2026 and to $1725/month in February 2027. Lower unit currently has full access to the backyard, basement, and garage. Fully rental certified, and inspection with city is good through July 2026.

    Zillow last checked:

    Listing updated:

    Listed by:

    Katie Nanney 586-354-4601,

    Brookstone, Realtors LLC

    Bought with:

    Don Amalfitano, 6502360595

    The Agency Hall & Hunter

    Source: Realcomp II,MLS#: 20251018932MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Window Units
    Features
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,416 sqft
    • Finished area above ground: 1,416

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    • Fencing: Back Yard,Fenced
    Lot
    • Size: 7,840 Square Feet
    • Dimensions: 60 x 131.5
    Details
    • Parcel number: 2527452013
    • Zoning description: Residential
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Bungalow,Duplex
    • Property subtype: Duplex
    Materials
    • Vinyl Siding
    • Foundation: Basement, Block
    Condition
    • New construction: No
    • Year built: 1937

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: ASTONSOF KNOWLES HEIGHTS
    Location
    • Region: Ferndale

    Financial & listing details

    • Price per square foot: $191/sqft
    • Tax assessed value: $143,970
    • Annual tax amount: $10,213
    • Date on market: 7/21/2025
    • Cumulative days on market: 57 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA

    Price history

    DateEventPrice
    10/27/2025Sold$271,000+0.4%$191/sqft
    Source: Realcomp II #20251018932 Report a problem
    9/21/2025Pending sale$270,000$191/sqft
    Source: Realcomp II #20251018932 Report a problem
    9/4/2025Listed for sale$270,000$191/sqft
    Source: Realcomp II #20251018932 Report a problem
    9/1/2025Pending sale$270,000$191/sqft
    Source: Realcomp II #20251018932 Report a problem
    8/29/2025Listing removed$1,100$1/sqft
    Source: Zillow Rentals Report a problem
    8/21/2025Price change$270,000-1.8%$191/sqft
    Source: Realcomp II #20251018932 Report a problem
    8/12/2025Listed for rent$1,100$1/sqft
    Source: Zillow Rentals Report a problem
    7/21/2025Listed for sale$275,000+22.2%$194/sqft
    Source: Realcomp II #20251018932 Report a problem
    3/13/2025Listing removed$1,100$1/sqft
    Source: Zillow Rentals Report a problem
    1/23/2025Price change$1,100-8.3%$1/sqft
    Source: Zillow Rentals Report a problem
    1/13/2025Price change$1,200-7.7%$1/sqft
    Source: Zillow Rentals Report a problem
    1/2/2025Listed for rent$1,300+44.4%$1/sqft
    Source: Zillow Rentals Report a problem
    3/1/2023Listing removed--
    Source: Zillow Rentals Report a problem
    1/25/2023Listed for rent$900+33.3%$1/sqft
    Source: Zillow Rentals Report a problem
    9/7/2022Sold$225,000+15.4%$159/sqft
    Source: Realcomp II #20221005104 Report a problem
    6/15/2022Listed for sale$194,900+14.7%$138/sqft
    Source: Realcomp II #20221005104 Report a problem
    1/4/2018Listing removed$675
    Source: Real Property Management Silverstone Report a problem
    1/2/2018Price change$675-6.9%
    Source: Real Property Management Silverstone Report a problem
    12/15/2017Listed for rent$725$1/sqft
    Source: Real Property Management Silverstone Report a problem
    5/16/2016Listing removed$169,900$120/sqft
    Source: CENTURY 21 Campbell Realty, Inc. #216022523 Report a problem
    4/4/2016Listed for sale$169,900$120/sqft
    Source: CENTURY 21 Campbell Realty, Inc. #216022523 Report a problem
    3/24/2016Pending sale$169,900$120/sqft
    Source: CENTURY 21 Campbell Realty, Inc. #216022523 Report a problem
    3/11/2016Listed for sale$169,900+208.9%$120/sqft
    Source: Century 21 Campbell Realty #216022523 Report a problem
    12/10/2007Sold$55,000$39/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,442 +2.3%$154,270 +7.2%
    2024$7,277 +67.3%$143,970 +3.7%
    2023$4,351 +0.3%$138,770 +5.1%
    2022$4,336 +1.9%$131,980 +8.9%
    2021$4,255 $121,240 +16.8%
    2020-- $103,820 +12%
    2019$4,182 +1.8%$92,720 +13.7%
    2018$4,109 +1.2%$81,560 +0.4%
    2017$4,062 $81,240 +7.9%
    2016$4,062 $75,280 +7.1%
    2015-- $70,280 +35.8%
    2014-- $51,760 -18.7%
    2011-- $63,660 -6.6%
    2010$3,934 -0.2%$68,160 -17.1%
    2009$3,942 +22.2%$82,210 -43.5%
    2005$3,227 $145,630 +68.4%
    2003-- $86,500 +15.7%
    2002-- $74,740 +62.6%
    2001$3,206 +4%$45,960 +3.2%
    2000$3,083 $44,540
    Find assessor info on the county website

    Neighborhood: 48220

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $278,300
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    Estimated market value
    $278,300