1771 Academy Street, Ferndale
$174,000
About this home
This home qualifies for 5.99% interest rate - Ask your agent to share with you the flyer attached to this listing for details. Motivated seller wants to help get you into this home. Property is also available to lease Welcome to this Charming 2-bedroom brick ranch - With Bonus room off the back that could be used as a "Home Office " or 3rd bedroom. Updated bathroom and spacious front living area with fireplace. Inviting covered front porch, and large dining room off kitchen. large, fenced back yard and oversized two car garage. Your buyer will want to see this one.
The facts
| Price | $174,000 |
| Original price | $197,000 |
| Price cut | −$23,000 |
| Beds | 2 |
| Baths | 1 full |
| Square feet | 1,148 |
| Type | Single family residence |
| Subdivision | MAYFIELD GARDENS |
| County | Oakland |
| MLS # | 20261056734 |
| Listed | 2026-07-23 |
| Days on market | 94 |
| Year built | 1915 |
| Possession | At closing |
| Stories | 1 story |
| Basement | Unfinished |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Block, Crawl space, Sump pump |
| Garage spaces | 2.0 |
| Water / Sewer | City water & sewer |
| Fireplace | Yes |
| Parcel number | 2535207023 |
| Listing office | Real Estate One-Rochester |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $56,540 | about $87,000 |
| Yearly property tax | $4,290 | about $4,103 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. The assessor's state equalized value (SEV) is $101,850. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Ferndale's 2025 homestead rate of 47.16 mills and assumes you claim the homestead exemption. See Ferndale's full tax breakdown or run the uncapping calculator.
Ask Match Realty about this home
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-10-25T23:19+00:00; refreshed at least twice daily.