2441 Coy ST , Ferndale, MI 48220
Est. $2,326/mo with current taxes · · See the breakdown
About this home
Darling cottage style bungalow on a beautiful tree-lined street in Ferndale with 1,150 square feet, 3 bedrooms, and 1.1 baths. This storybook center entrance charmer has a large living room with hardwood floors, a nice open kitchen/dining room that walks out to a spacious (newly painted) deck and a lovely back yard. There are 2 bedrooms, both with hardwood floors, and an upgraded full bath on the main floor. The spacious bungalow bedroom on the 2nd floor also has hardwood flooring, a large closet, and room for a king size bed. The basement is partially finished and has a great rec room space, a 1/2 bath, and a laundry room. The yard is ample and has beautiful mature trees, a large deck for relaxing and entertaining, and a two car garage. The furnace is from 2016 and the roof from 2019. The A/C is from 2023. This one is a charmer in a lovely neighborhood of Ferndale.
Monthly payment
The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then.The uncapped tax line is this home's bill after it uncaps: half the price times 47.16 mills, the 2025 homestead rate here. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.
The facts
| Price | $264,000 |
| Beds | 3 |
| Baths | 1 full, 1 half |
| Square feet | 1,650 |
| Type | Single family residence |
| Subdivision | STEPHENSON SUPER-HIGHWAYNO 5- FERNDALE |
| County | Oakland |
| MLS # | 20261088404 |
| Listed | 2026-11-02 |
| Days on market | 1 |
| Year built | 1942 |
| Possession | Negotiable |
| Stories | 1.5 stories |
| Basement | Partially finished |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Block |
| Garage spaces | 1.0 |
| Water / Sewer | City water & sewer |
| Fireplace | Yes |
| Parcel number | 2526133021 |
| Listing office | Max Broock, REALTORS®-Birmingham |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $110,820 | about $132,000 |
| Yearly property tax | $6,179 | about $6,225 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. The assessor's state equalized value (SEV) is $114,260. 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.
Location
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 2026-11-03T10:57+00:00; refreshed at least twice daily.