Backup offers
$6,888 Closing Credit¹
#24058132, Philip Conlin, Listing Office: Conlin Company
$465,000 List price
1615 Ferndale Pl Ann Arbor, MI 48104
$5,522
Closing credit¹
0.1 acres
Multi-Family
Property details
About 1615 Ferndale Pl
This charming ranch duplex is located in the heart of the popular Burns Park neighborhood, just steps away from the University of Michigan campus, the Big House, and vibrant downtown Ann Arbor. Each unit offers 1 bedroom and 1 bathroom, with a shared laundry area for added convenience. The property also features a driveway and a spacious yard, perfect for outdoor enjoyment. This property presents an excellent opportunity for investors seeking a turnkey income property. Both units are currently leased, with leases expiring on July 1st, providing a seamless transition for new ownership. The property has been meticulously maintained, with recent updates including fresh paint throughout, a new furnace in one unit, and a new A/C unit in the other. Additionally, new ceiling fans and lightfixtures have been installed and the chimney has been recently replaced. Energy score of . Full report at stream.a2gov.org
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
CoolingWindow Unit(s)
Lot size0.11 Acres
Year built1958
ParkingPaved
MLS #81025016874
Summary
- Parking: Paved
- Heating: Forced Air, Natural Gas
- Cooling: Window Unit(s)
- List Price: $465,000
- Annual Tax Amount: $6,202
- Tax Year: 2024
- Directions: E Stadium to north on Ferndale
- Year Built: 1958
- Lot Size: 0.11 Acres
- MLS Number: 81025016874
- MLS Name: Greater Metropolitan Association of REALTORS
- Office Name: The Charles Reinhart Company
- Office Phone: (734) 769-3800
- Listing Agent: Maryann Ryan, Michael Ryan
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2025, 8:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$465,000
1615 Ferndale Pl
$5,522
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 14, 2023 | Home Sold | $197,500 |
| Apr 14, 2023 | Home Sold | $197,500 |
| Jun 20, 2002 | Home Sold | $60,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $143,100 | $6,202 |
| 2023 | $136,800 | $4,499 |
| 2022 | $139,300 | $4,499 |
| 2021 | $160,300 | $5,481 |
| 2020 | $153,300 | $5,129 |
| 2019 | $138,700 | $4,948 |
| 2018 | $150,900 | $4,821 |
| 2017 | $137,900 | $4,704 |
History based on county public records data.
Nearby schools
6
Burns Park Elementary School
Public District KG-5
0.3 mi
•1414 Wells St
5
Pattengill Elementary School
Public District 3-5
0.9 mi
•2100 Crestland St
7
John Allen Elementary School
Public District KG-5
1.4 mi
•2560 Towner Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $68,204. Typical income of Ann Arbor, MI residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
13%
<35k
57%
35k-100k
21%
100k-200k
9%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
63%
Single, No Kids
5%
Single, with Kids
19%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
4%
12-17 yrs old
51%
18-34 yrs old
29%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Yoga/pilates
Men's Tennis
Skiing/snowboarding
Where do the neighbors shop?
H&M
Bloomingdales
Nordstrom
Where do the neighbors go to eat?
Dominos Pizza
Bonefish Grill
California Pizza Kitchen
What do the neighbors drive?
Audi
Lexus
BMW
What do the neighbors listen to?
Alternative
News
Talk/Personality
All data provided by Home Junction and Claritas
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This home is located at 1615 Ferndale Pl in Ann Arbor, MI and zip code 48104 in the Central neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 22, 2025 and is currently priced at $465,000.
Over 39 listings were sold over their listed price in March 2025 in Ann Arbor, MI. In the same period over 40 listings were sold below the listed price and 13 listings were sold for the listed price. In March 2025 in Ann Arbor, MI there were 30.3% more homes for sale than in February. While the average time on the market in March 2025 was 42 days, the median list price was $506,655.
From Rocket Homes Real Estate and based on county public records data.