Backup offers
$2,316 Closing Credit¹
#20250033770, Thomas Swasey, Peter Barry, Listing Office: Real Estate One-Royal Oak, Max Broock, REALTORS-Royal Oak
$140,000 List price
587 E Drayton St Ferndale, MI 48220
$1,663
Closing credit¹
2 beds
1 full
1,434 sqft
0.10 acres
$98 / sqft
House
Property details
About 587 E Drayton St
Charming Ranch Just North of Downtown Ferndale! This solid 2-bedroom ranch is located in a quiet, low-crime neighborhood just north of downtown Ferndale, with easy access to the Detroit Zoo, restaurants, shopping, and nightlife. Enjoy peace of mind with key updates including a new hot water tank (2024), furnace (2023), and updated plumbing with new main water and gas lines. The home also features new flooring (2023) in the living room and kitchen, 2014 windows, and an updated fuse box (2014). Highest and Best offers due by Tuesday, May 13th at 5:00 PM. Don’t miss this opportunity to own in one of Metro Detroit’s most sought-after communities!
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusAccepting Backup Offers
Size1,434 sqft
BasementYes
Lot size0.1 Acres
Year built1925
ParkingNo Garage
MLS #20250033253
Summary
- Full Bathrooms: 1
- Basement: Yes
- Total Bedroom Count: 2
- Attached Garage: No
- Parking: No Garage
- Architectural Style: Bungalow
- Heating: Forced Air, Natural Gas
- List Price: $140,000
- Price/SqFt: $97
- Annual Tax Amount: $1,475
- Tax Year: 2024
- Directions: Woodward Ave north to Woodward Hts, E South on Wolcott to Drayton
- Year Built: 1925
- Living Area: 1,434 SqFt
- Lot Size: 0.1 Acres
- MLS Number: 20250033253
- MLS Name: Realcomp II Ltd
- Office Name: EXP Realty Main
- Office Phone: (888) 501-7085
- Listing Agent: Robi Redzic
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: 5/21/2025, 12:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$140,000
587 E Drayton St
$1,663
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $99,090 | $1,475 |
| 2023 | $91,640 | $1,438 |
| 2022 | $82,940 | $1,430 |
| 2021 | $66,310 | $1,438 |
| 2020 | $59,370 | $1,388 |
| 2018 | $38,380 | $1,392 |
| 2017 | $35,280 | $1,375 |
History based on county public records data.
Nearby schools
6
Oakland Elementary School
Public District KG-5
1.2 mi
•2415 Brockton Ave
3
John F. Kennedy Elementary School
Public Magnet 3-5
1.6 mi
•24220 Rosewood St
2
United Oaks Elementary School
Public District KG-5
2.0 mi
•1001 E Harry 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 $53,496. Typical income of Ferndale, 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?
35%
<35k
52%
35k-100k
13%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
66%
Single, No Kids
7%
Single, with Kids
20%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
3%
12-17 yrs old
45%
18-34 yrs old
38%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Tennis
Pro Boxing
Music Concerts
Where do the neighbors shop?
Crate & Barrel
IKEA
H&M
Where do the neighbors go to eat?
Starbucks
Quiznos
Chipotle
What do the neighbors drive?
BMW
Lexus
Volkswagen
What do the neighbors listen to?
News
Soft Adult Contemporary- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 587 E Drayton St
The listing price of 587 E Drayton St property is $140,000.
The property 587 E Drayton St is a house located in Ferndale, Michigan, 48220.
Accepting Backup Offers: 587 E Drayton St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 587 E Drayton St are: Oakland Elementary School (GreatSchools Rating 6/10), John F. Kennedy Elementary School (GreatSchools Rating 3/10), United Oaks Elementary School (GreatSchools Rating 2/10), Ferndale Middle School (GreatSchools Rating 2/10), Hazel Park Junior High School (GreatSchools Rating 1/10), Wilkinson Middle School (GreatSchools Rating 2/10), University High School (GreatSchools Rating 4/10), Webb Elementary School (GreatSchools Rating 2/10), Invest Roosevelt Alternative High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $1,475 (source: MLS/based on county public records data).
The property at 587 E Drayton St has 2 bedrooms and 1 bathroom.
The property 587 E Drayton St is 1,434 SqFt (source: MLS/tax record).
The year of construction for 587 E Drayton St is 1925.
This home is located at 587 E Drayton St in Ferndale, MI and zip code 48220. This 1,434 square foot home, which was built in 1925, sits on a 0.10 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 7, 2025 and is currently priced at $140,000.
While more than 16 listings in Ferndale, MI in April 2025 were sold above asking price, there were more than 6 listings sold at asking price, and more than 15 were sold below. The number of listings in Ferndale, MI increased by 31.7% between March and April 2025. While the average time on the market in April 2025 was 23 days, the median list price was $256,500.
From Rocket Homes Real Estate and based on county public records data.