6 days on Rocket
$2,316 Closing Credit¹
#20251007960, Jasmine Dockery, Listing office: ICON Realty Experts, LLC
$225,000 List price
507 Spencer St Ferndale, MI 48220
$2,672
Closing credit¹
3 beds
1 full
935 sqft
0.10 acres
$241 / sqft
House
Property details
About 507 Spencer St
Beautifully updated 3-bedroom bungalow in a prime Ferndale location, just minutes from shops, restaurants, and parks. The remodeled kitchen features quartz countertops, new cabinets, stainless steel appliances, and slate tile flooring. Bright open living and dining areas create a welcoming space for everyday living and entertaining. Recent upgrades include a new roof (2024) with transferable warranties, newer furnace and water heater (2020), and a full-house generator. Additional highlights include fresh paint, new carpet, laundry appliances, and a clean, open basement ready for your finishing touches. Outside, enjoy a fully fenced backyard, private driveway, and covered front porch—perfect for relaxing or entertaining.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size935 sqft
BasementYes
Lot size0.1 Acres
Year built1941
ParkingNo Garage
MLS #20251009543
Summary
- Full Bathrooms: 1
- Appliances: Disposal, Dryer, Electric Oven, Microwave, Washer
- Basement: Yes
- Total Bedroom Count: 3
- Attached Garage: No
- Parking: No Garage
- Architectural Style: Bungalow
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $225,000
- Price/SqFt: $240
- Annual Tax Amount: $4,560
- Tax Year: 2024
- Directions: From 9 Mile turn South on Hilton
- Year Built: 1941
- Living Area: 935 SqFt
- Lot Size: 0.1 Acres
- MLS Number: 20251009543
- MLS Name: Realcomp II Ltd
- Office Name: ERA Prime Real Estate Group
- Office Phone: (248) 474-3303
- Listing Agent: Zackary S Jones
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: 6/19/2025, 9:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$225,000
507 Spencer St
$2,672
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 02, 2023 | Home Sold | $138,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $73,530 | $4,560 |
| 2023 | $71,620 | $4,593 |
| 2022 | $62,590 | $4,408 |
| 2021 | $58,240 | $4,593 |
| 2020 | $52,960 | $1,935 |
| 2018 | $37,060 | $1,929 |
| 2017 | $34,880 | $1,901 |
History based on county public records data.
Nearby schools
2
Pasteur Elementary School
Public District PK-6
1.4 mi
•19811 Stoepel St
2
United Oaks Elementary School
Public District KG-5
1.4 mi
•1001 E Harry Ave
2
Hoover Elementary School
Public District PK-5
1.9 mi
•23720 Hoover Ave
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 $43,365. Typical income of Ferndale, MI residents is less than $<35k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
45%
<35k
34%
35k-100k
20%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
61%
Single, No Kids
13%
Single, with Kids
15%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
6%
12-17 yrs old
33%
18-34 yrs old
40%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Tennis
Major League Soccer (MLS)
Where do the neighbors shop?
IKEA
Crate & Barrel
Banana Republic
Where do the neighbors go to eat?
Quiznos
Starbucks
Jack In The Box
What do the neighbors drive?
Lexus
BMW
Toyota
What do the neighbors listen to?
Soft Adult Contemporary
News
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 507 Spencer St
The listing price of 507 Spencer St property is $225,000.
The property 507 Spencer St is a house located in Ferndale, Michigan, 48220.
Active Listing: 507 Spencer St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 507 Spencer St are: Pasteur Elementary School (GreatSchools Rating 2/10), United Oaks Elementary School (GreatSchools Rating 2/10), Hoover Elementary School (GreatSchools Rating 2/10), Hazel Park Junior High School (GreatSchools Rating 1/10), Greenfield Union Elementary-Middle School (GreatSchools Rating 2/10), Ferndale Middle School (GreatSchools Rating 2/10), Webb Elementary School (GreatSchools Rating 2/10), University High School (GreatSchools Rating 4/10), Ferndale High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $4,560 (source: MLS/based on county public records data).
The last sale was on March 2, 2023 for $138,000 (source: MLS/tax record).
The property at 507 Spencer St has 3 bedrooms and 1 bathroom.
The property 507 Spencer St is 935 SqFt (source: MLS/tax record).
The year of construction for 507 Spencer St is 1941.
This home is located at 507 Spencer St in Ferndale, MI and zip code 48220. This 935 square foot home, which was built in 1941, sits on a 0.10 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 18, 2025 and is currently priced at $225,000.
While more than 12 listings in Ferndale, MI in May 2025 were sold above asking price, there were more than 6 listings sold at asking price, and more than 11 were sold below. The number of homes for sale in Ferndale, MI increased by 32% between April and May 2025. The median list price of listings available in May 2025 was $255,000, while the average time on the real estate market was 19 days.
From Rocket Homes Real Estate and based on county public records data.