Pending

$560,000

541 Albany St, Ferndale, MI 48220

3beds

1,777sqft

$4,458/mo

Get pre-qualified

Single Family Residence

Built in 2026

5,227 Square Feet Lot

$557,800 Zestimate^®

$315/sqft

$-- HOA

What's special

New Construction just steps from vibrant downtown Ferndale! Enjoy a stroll down this charming tree-lined street as you take advantage of all the shopping, dining, and entertainment the city has to offer. This is your opportunity to personalize the finishing touches and create the home you’ve been envisioning. Thoughtfully designed to complement Ferndale’s rich historic architecture, this home offers all the character and curb appeal you love—without the upkeep that comes with older homes. A rare find, the floor plan features a main-floor primary suite, main-floor laundry, and a dedicated office, providing convenience and flexibility for today’s lifestyle. With construction ready to begin, now is the perfect time to secure this exceptional new build in one of Ferndale’s most desirable locations. Property is agent owned. Please call for more details LAND IS AGENT OWNED

10 days
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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Primary bedroom

Level: Entry
Area: 143
Dimensions: 11 X 13

Bedroom

Level: Second
Area: 132
Dimensions: 11 X 12

Bedroom

Level: Second
Area: 140
Dimensions: 10 X 14

Primary bathroom

Level: Entry

Other

Level: Second

Other

Level: Entry

Dining room

Level: Entry
Area: 165
Dimensions: 15 X 11

Kitchen

Level: Entry
Area: 135
Dimensions: 15 X 9

Laundry

Level: Entry
Area: 135
Dimensions: 15 X 9

Living room

Level: Entry
Area: 195
Dimensions: 15 X 13

Heating

Forced Air, Natural Gas

Features

Basement: Full,Unfinished
Has fireplace: Yes
Fireplace features: Family Room, Gas

Interior area

Total interior livable area: 1,777 sqft
Finished area above ground: 1,777

Property

Parking

Total spaces: 2
Parking features: Two Car Garage, Detached
Garage spaces: 2

Features

Levels: Two
Stories: 2
Entry location: GroundLevelwSteps
Pool features: None

Lot

Size: 5,227 Square Feet
Dimensions: 45.29 x 120

Details

Parcel number: 2534108012
Special conditions: Agent Owned,Short Sale

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow,Craftsman
Property subtype: Single Family Residence

Materials

Cedar, Vinyl Siding
Foundation: Basement, Poured
Roof: Asphalt

Condition

Const Start Upon Sale,New Construction
New construction: Yes
Year built: 2026

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: ELSINORE

HOA

Has HOA: No

Location

Region: Ferndale

Financial & listing details

Price per square foot: $315/sqft
Tax assessed value: $58,780
Annual tax amount: $3,155
Date on market: 9/29/2026
Cumulative days on market: 10 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,Va Loan

Estimated market value

$557,800

$530,000 - $586,000

$1,659/mo

Price history

Date	Event	Price
9/30/2026	Pending sale	$560,000$315/sqft
Source: Realcomp II #20261077083 Report a problem
9/29/2026	Listed for sale	$560,000$315/sqft
Source: Realcomp II #20261077083 Report a problem
8/1/2026	Listing removed	$560,000$315/sqft
Source: Realcomp II #20251054927 Report a problem
12/3/2025	Listed for sale	$560,000+1766.7%$315/sqft
Source: Realcomp II #20251054927 Report a problem
11/15/2024	Sold	$30,000-39.4%$17/sqft
Source: Public Record Report a problem
10/24/1994	Sold	$49,500$28/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,155 +3.6%	$132,160 +3.5%
2024	$3,045 +3%	$127,670 +8.2%
2023	$2,958 -0.6%	$117,940 +10.3%
2022	$2,976 +2.1%	$106,900 +12%
2021	$2,915	$95,410 +8.6%
2020	--	$87,840 +13.5%
2019	$2,867 +0.9%	$77,360 +12.7%
2018	$2,840 +1.3%	$68,630 +2.6%
2017	$2,804	$66,880 +7.1%
2016	$2,804	$62,430 +6.8%
2015	--	$58,460 +15.8%
2014	--	$50,500 +0.1%
2011	--	$50,430 -2.4%
2010	$2,610 -9.5%	$51,670 -13.7%
2009	$2,885 +25.2%	$59,880 -48.5%
2005	$2,304	$116,360 +85.2%
2003	--	$62,840 +16.7%
2002	--	$53,860 +101.5%
2001	$1,419 +4.3%	$26,730 +3.2%
2000	$1,361	$25,910