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Sold for $700,000
  • $700,000

    515 W Drayton St, Ferndale, MI 48220

    5beds
    3,643sqft
    Single Family Residence
    Built in 1930
    7,405.2 Square Feet Lot
    $731,500 Zestimate®
    $192/sqft
    $4,326 Estimated rent

    Home value

    $731,500

    $673,000 - $797,000

    $4,326/mo

    Zestimate® history
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    What's special

    *****PROPERTY IS UNDER CONTRACT. OPEN HOUSE FOR 12/8 HAS BEEN CANCELLED*****. This custom colonial was originally owned by the builder and is one of the largest in NW Ferndale. The blend of classic architectural elegance with modern updates creates a perfect fusion of character and contemporary convenience. From the moment you approach, the stately façade with its signature brick exterior and classic front porch greets you with a sense of history and tradition. Step inside to find a thoughtfully preserved interior where original hardwood floors, solid wood doors and coved ceilings harmonize seamlessly with the updated finishes. Large, restored wood windows flood the space with natural light, highlighting the beautifully maintained period details while enhancing the airy, open feel of the home. The gracious living room is centered around an inviting gas fireplace, combining the charm of a traditional hearth with the convenience of modern technology. The kitchen has been beautifully renovated with high-end appliances, custom cabinetry, and quartz countertops creating an ideal space for both cooking and entertaining. The bathrooms have been thoughtfully updated, maintaining many of the original materials that honor the home’s historic character while incorporating modern fixtures and finishes for style and comfort. In addition to the four spacious bedrooms, there's a versatile room off the back of the home that can serve as a home office, nursery, guest room, or a fifth bedroom—offering flexibility to accommodate a variety of lifestyle needs. A true highlight of this home is the expansive third-floor bonus room, offering additional space that could be used as a media room, playroom, or studio as well as the large lower level. This partially finished space features beautiful terrazzo flooring, a full bathroom and offers tremendous potential for a variety of uses—whether it be a recreation room, additional living space, or workshop.

    Zillow last checked:

    Listing updated:

    Listed by:

    William Ervin 248-210-3308,

    KW Domain,

    Kristin Ervin 248-590-0800,

    KW Domain

    Bought with:

    Jim Shaffer, 6502380733

    Good Company

    Source: Realcomp II,MLS#: 20240083860MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Second
    • Dimensions: 13 x 12
    Bedroom
    • Level: Second
    • Dimensions: 14 x 12
    Bedroom
    • Level: Second
    • Dimensions: 13 x 12
    Bedroom
    • Level: Second
    • Dimensions: 10 x 14
    Bedroom
    • Level: Second
    • Dimensions: 11 x 13
    Primary bathroom
    • Level: Second
    • Dimensions: 8 x 5
    Other
    • Level: Second
    • Dimensions: 9 x 6
    Other
    • Level: Basement
    • Dimensions: 4 x 4
    Other
    • Level: Entry
    • Dimensions: 4 x 4
    Bonus room
    • Level: Third
    • Dimensions: 10 x 28
    Other
    • Level: Entry
    • Dimensions: 11 x 7
    Dining room
    • Level: Entry
    • Dimensions: 14 x 13
    Other
    • Level: Entry
    • Dimensions: 14 x 8
    Kitchen
    • Level: Entry
    • Dimensions: 11 x 12
    Living room
    • Level: Entry
    • Dimensions: 14 x 24
    Heating
    • Hot Water, Natural Gas
    Cooling
    • Ceiling Fans
    Appliances
    • Included: Built In Refrigerator, Dishwasher, Dryer, Free Standing Gas Oven, Microwave, Washer
    Features
    • Basement: Finished,Full
    • Has fireplace: Yes
    • Fireplace features: Gas, Living Room
    Interior area
    • Total interior livable area: 3,643 sqft
    • Finished area above ground: 2,643
    • Finished area below ground: 1,000

    Property

    Parking
    • Total spaces: 2
    • Parking features: Two Car Garage, Detached, Electricityin Garage, Garage Door Opener
    • Garage spaces: 2
    Features
    • Levels: Three
    • Stories: 3
    • Entry location: GroundLevelwSteps
    • Patio & porch: Porch
    • Pool features: None
    • Fencing: Back Yard,Fenced
    Lot
    • Size: 7,405 sqft
    • Dimensions: 60.00 x 124.00
    • Features: Sprinklers
    Details
    • Parcel number: 2528428012
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Aluminum Siding, Brick
    • Foundation: Basement, Poured
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1930
    • Major remodel year: 2007

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Ferndale
    • Subdivision: WOODLAND PARK SUB

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    1/10/2025Sold$700,000+3.7%$192/sqft
    Source: Realcomp II #20240083860 Report a problem
    12/9/2024Pending sale$675,000$185/sqft
    Source: Realcomp II #20240083860 Report a problem
    12/6/2024Listed for sale$675,000$185/sqft
    Source: Realcomp II #20240083860 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,360 +2.8%$304,280 +6.5%
    2023$7,157 -0.6%$285,780 +4.6%
    2022$7,201 +2.1%$273,130 +1.3%
    2021$7,052 $269,550 +1.3%
    2020-- $266,030 +3.8%
    2019$6,932 +0.9%$256,270 +12.3%
    2018$6,868 +1.1%$228,230 +3.6%
    2017$6,797 $220,250 +9.5%
    2016$6,797 $201,060 +22.9%
    2015-- $163,530 +15.6%
    2014-- $141,480 +1.7%
    2011-- $139,110 -4.9%
    2010$5,310 0%$146,210 -15.5%
    2009$5,312 +25.4%$172,950 -39.6%
    2005$4,236 $286,470 +57.8%
    2003-- $181,550 +11.2%
    2002-- $163,300 +90.2%
    2001$4,346 +4.3%$85,870 +3.2%
    2000$4,167 $83,210

    Find assessor info on the county website

    Neighborhood: 48220

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $731,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $731,500