541 Pearson St, Ferndale, MI 48220
OFF MARKET

$324,200

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 1,354 sqft

541 Pearson St, Ferndale, MI 48220

Est. Refi. Payment $2,121/mo*
Refinance Your Home
Currently Off Market - Sold Jan 22, 2024 for $281,500

Home Value

Trulia Estimate
$324K
Since last month
$0 (0%)
Since last year
Increased$19K (+6.3%)
Since last sale
Increased$42K (+15%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +123% in the last 10 years
MonthEstimated value
2026
August 2026$324K
August 2026$324K
July 2026$324K
June 2026$332K
May 2026$330K
April 2026$329K
March 2026$325K
February 2026$320K
January 2026$314K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
421 W Troy St, Ferndale, MI
0.22
Multi-Family Home
$322,500
09/30/25
3
2
1,484
853 Leroy St, Ferndale, MI
0.30
Multi-Family Home
$310,000
11/21/25
4
2
1,452
1364 W Saratoga St, Ferndale, MI
0.64
Multi-Family Home
$280,000
11/05/25
4
2
1,479
240 E Marshall St, Ferndale, MI
0.54
Multi-Family Home
$408,200
12/19/25
4
2
1,802
518 E Troy St, Ferndale, MI
0.62
Multi-Family Home
$282,000
09/16/25
3
2
1,494
256 Withington St, Ferndale, MI
0.39
Multi-Family Home
$400,000
10/31/25
4
2
2,824
212 Ardmore Dr, Ferndale, MI
0.43
Multi-Family Home
$310,000
07/14/26
2
3
1,389
366 W Bennett Ave, Ferndale, MI
0.78
Multi-Family Home
$313,800
07/02/26
4
2
1,623
221 Silman St, Ferndale, MI
0.66
Multi-Family Home
$299,900
11/17/25
4
2.5
1,996
393 Wordsworth St, Ferndale, MI
0.76
Multi-Family Home
$325,000
05/18/26
3
2
1,412

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
531 W Hazelhurst St, Ferndale, MI 48220
0.06
$299,700
2
1
1,100
Off Market
621 W Hazelhurst St, Ferndale, MI 48220
0.07
$475,000
4
2.5
1,758
Recently Sold
694 W Hazelhurst St, Ferndale, MI 48220
0.07
$454,200
4
2.5
2,209
Off Market
648 W Hazelhurst St, Ferndale, MI 48220
0.07
$142,900
2
1
595
Off Market
610 Pearson St, Ferndale, MI 48220
0.04
$363,200
3
1.5
1,300
Off Market
675 Pearson St, Ferndale, MI 48220
0.06
$318,800
3
1.5
1,417
Off Market
657 Pearson St, Ferndale, MI 48220
0.06
$363,900
3
2
1,631
Off Market
564 W Marshall St, Ferndale, MI 48220
0.08
$86,000
2
1
688
Recently Sold
504 Pearson St, Ferndale, MI 48220
0.04
$115,000
-
-
-
Recently Sold
514 Pearson St, Ferndale, MI 48220
0.04
$339,200
3
2
1,419
Off Market
676 W Hazelhurst St, Ferndale, MI 48220
0.10
$422,700
3
2
1,408
Off Market

Local Information

  • Map ViewExplore the area around 541 Pearson St.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1923
Living Area
1,354 sqft
Price/Sqft
$239

About this House

Rare opportunity! Turn key income producing property in thriving downtown location! Only a few minutes walk to shopping, nightlife, restaurants, entertainment, and more! Near major expressways and famous Woodward Ave! Lower unit features hardwood floors, neutral paint throughout, a fantastic kitchen, spacious living room, and applications are currently being reviewed for $1295/mo. rate. Upper unit is currently rented at $995/mo. until Nov. 2024. Full basement includes a newer furnace and hot water tank. Appliances included. Tenants pay utilities, Electric has separate meters, gas/water is shared. Landlord owns stove/fridge in both units and washer and dryer in basement. Rental Certified through 9/6/25.
541 Pearson St, Ferndale, MI 48220 is a 4 bedroom, 2 bathroom, 1,354 sqft multi-family built in 1923. It last sold for $281,500 on Jan 22, 2024 (1% above the $279,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $324,200, with a rent estimate of $2,109/month.
Last check for updates: about 2 hours ago
Listed by James T Silver, (248) 530-7292
Keller Williams Somerset
Bought with: Jolene L Jacobs, (248) 212-7493, Good Company
Source: Realcomp II, MLS#20230096636

Home Details for 541 Pearson St

Interior Features

Interior Details
Basement: Unfinished
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1354 Square Feet
Heating & Cooling
Heating: Forced Air,Natural GasNo CoolingHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Stories: 1.5Levels: One and One Half

Exterior Features

Exterior Home Features
Foundation: Basement, Block
Parking & Garage
No CarportNo Attached Garage
Pool
Pool: None
Frontage
Road Frontage: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1354 Square Feet

Days on Market

Cumulative Days on Market: 44

Property Information

Year Built
Year Built: 1923
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Upper Lower Apartment
Building
Construction Materials: Aluminum SidingNot a New Construction
Property Information
Parcel Number: 2534152018

Price & Status

Price
List Price: $279,900
Status Change & Dates
Off Market Date: Wed Jan 03 2024Possession Timing: At Close

Active Status

MLS Status: Sold

Location

Direction & Address
City: FerndaleCommunity: ELSINORE SUB
School Information
High School District: Ferndale

Community

Not Senior Community

Lot Information

Lot Area: 4791.6 sqft

Listing Info

Special Conditions: Short Sale No, Standard

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional, FHA, Va Loan, Warranty Deed

Miscellaneous

BasementMls Number: 20230096636Above Grade Unfinished Area: 1354Activation Date: Mon Nov 20 2023Showing Requirements: AppointmentLockBox

Price and Tax history

DateEventPrice
Jan 22, 2024
Source: Realcomp II #20230096636
Sold
$281,500
Sep 14, 2021
Source: N/A
Sold
$1,295
Jan 22, 2018
Source: N/A
Sold
$920
Nov 20, 2015
Source: N/A
Sold
$925
Aug 19, 2015
Source: N/A
Sold
$795

Market trends in Ferndale

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$261K
$6.35KMoM
Sale-to-List Price
100.0%
Price per sq ft
$218
$7MoM
Available listings
129
3MoM

Around this home

What Locals Say about Ferndale

At least 277 Trulia users voted on each feature.

  • 97 % Say there are sidewalks

  • 96 % Say it's dog friendly

  • 90 % Say it's walkable to restaurants

  • 88 % Say yards are well-kept

  • 80 % Say people would walk alone at night

  • 76 % Say streets are well-lit

  • 75 % Say it's walkable to grocery stores

  • 72 % Say car is needed

  • 68 % Say there's holiday spirit

  • 67 % Say kids play outside

  • 63 % Say neighbors are friendly

  • 62 % Say parking is easy

  • 60 % Say they plan to stay for at least 5 years

  • 58 % Say it's quiet

  • 55 % Say there's wildlife

  • 46 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Corey Smith
    "Easy commute because of access to 696 and 75. Woodward not far either, major arteries and roads are nearby."
    0
    Flag
  • Neeli
    "Friendly family community beautiful fun accepting. All houses and lawns are well maintained and neighbors know neighbors. "
    0
    Flag
  • Rebecca Richardson
    "There is a fest nearby once a year and an art fair hosted there as well! School nearby with a soccer league for kids in the park!"
    0
    Flag
  • Stacey Tobar
    "The unique quality of homes and diverse people. Very eclectic and environmentally conscious. Enjoy the well maintained streets, walks and bike paths/routes"
    0
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  • Stacey Tobar
    "There is a dedicated dog park for small and large dogs. People are out and about with their pets. There is also a fantastic network of bike lanes"
    0
    Flag
  • Carrieroeder
    "Great dog parks in the area and plenty of places to walk. Festivals downtown are also pet friendly. "
    0
    Flag
  • JL
    "Good restaurants and boutique shops, 5 mins from royal oak, very close to major highways, plenty of green space "
    0
    Flag
  • Marymcelmury
    "Ferndale is a great little city and always has something going on. great neighbors and wonderful High School."
    6
    Flag
  • Dd S.
    "Friendly, open-minded, walkable and dog friendly. Great parks, community center, amazing food and bike lanes."
    1
    Flag
  • Curtis S.
    "Most owners a very conscientious of other dogs and their owners - almost to a distancing fault then there’s some that trust their dogs so much they disregard how other dogs might behave."
    3
    Flag
  • Sirinitysdaughtr
    "We have multiple festivals each year including but not limited to: Pig and Whiskey, DIY Festival, Dream Cruise and more. There are plenty of events that bring people to the area and the community is extremely welcoming and kind. "
    1
    Flag
  • Patrick V.
    "Good commute. Takes no longer than 15-20 to get to any major city nearby. While you’re in a small community, it feels like a family environment too. "
    2
    Flag
  • Octavia D.
    "This is a wonderful place for families: safe, diverse, friendly neighborhood with an amazing community. "
    1
    Flag
  • Zack D.
    "Lots of playgrounds and places to walk to. I wish downtown was more child friendly but still enjoy going out with our kids. Lovely place to live! "
    1
    Flag
  • Brieann S.
    "Quiet neighborhood, nice and homie. There are great people who live here but there are also a lot of people who smoke marijuana and drink a lot so not a place for kids at all"
    3
    Flag
  • Claudius.kremer
    "I previously came here and I’m impressed if this lifestyle, all the jung people and their cool kind of doing sports, going for a walk and living their life ! "
    1
    Flag
  • Jonathan.w.evans3
    "Great! Very easy and clean. It does get pretty busy during rush hour. Other than that it’s fine. A very small, but big city. Love living here. "
    0
    Flag
  • Sarah
    "It’s a fun place to live. It’s a welcoming community. There are a lot of events over the summer. A lot of great local restaurants and businesses."
    0
    Flag
  • Klbrown64
    "We have an annual block party, people walk their dogs daily, people walk around the block daily, we help each other remove snow when necessary"
    1
    Flag
  • Aren W.
    "I’ve lived here for the past decade. I love this town! Highly suggest buying or renting if you can. "
    0
    Flag
  • Libby L.
    "Tons of dogs everywhere! People are good about picking up after their pups and respecting the space of other dog-walkers when out and about. "
    0
    Flag
  • Dcrosslin
    "DIY craft festival, Pig & Whiskey festival, Halloween events, Pride festival, Dreamcruise, winter ice sculptures"
    0
    Flag
  • Eric J.
    "festivals, everything is within walking distance, trendy restruants, great craft breweries, quirky shops, vibrant downtown, inclusive and accepting culture"
    0
    Flag
  • Jessica S.
    "lots of parks and dog-friendly places, the community is very dog-friendly, and generally neighbors are good stewards "
    0
    Flag
  • Aren W.
    "I love it here! Been living here for 9 years. Everything you could ever need is close and ton of awesome neighbors and friends all around! "
    0
    Flag
  • Linesvilleapartments
    "Easy access to 75 and 696. Very convenient to go to work almost anywhere in metro Detroit. Side streets are quiet given proximity to highways "
    0
    Flag
  • Tevonne M.
    "Safe Community, Very Walkable Get to know your neighbors! Sidewalks well maintained lots of parks to keep the kids off the streets."
    1
    Flag
  • Cass.varner
    "Safe environment, pet friendly, lots of recreational options. Lovely environment for all ages. Great for family"
    0
    Flag
  • Ferndale1
    "Generally open minded community. Younger couples that are friendly but give others space to live. Seeing growth as Ferndale business expand north"
    0
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  • Callie
    "The people are very friendly and come from many different backgrounds. It’s a very diverse and lively community with great culture."
    0
    Flag
  • Chris K.
    "nice diverse place with many social activities. safe feeling. friendly atmosphere. decent neighbors. great nightlife with walkable streets. "
    0
    Flag
  • Laura
    "It’s a 10 minute to downtown Detroit, a bike ride to Royal Oak, commuting northbound in the morning is against traffic, same coming home and there’s a ton of parks to walk to"
    0
    Flag
  • Hal_justhal
    "Access to maintained sidewalks is good. Some neighbors use chemical insecticides on their yards which would be dangerous to dogs. "
    0
    Flag
  • Cass.varner
    "Very friendly, safe, and lots of other pet parents. Lots of families and fun things to do, even a dog park. "
    0
    Flag
  • Curtis S.
    "Ferndale is a diverse and ever-growing community with all the amenities one could need in a small city with a tiny town feel. It’s accessible, reasonable, and Great place to live whether you’re on your own or raised in a family. "
    0
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  • Martell G.
    "everything is beautiful about ferndale ,it would bemuch better if i wasnt paying 840.00a month to stay in a room i NEED A HOUSE OR APARTMENT ASAP!÷"
    0
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  • Nancywatsonbarr
    "Unpretentious with lots of character. Walkable to library, yoga, eateries and shopping. Easy commute to Detroit and otter "
    0
    Flag
  • Luigj P.
    "I'm a big fan of the Ferndale area. The people are very welcoming and open minded. Cool restaurants and bars to check out. "
    0
    Flag

LGBTQ Local Legal Protections

IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2026 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The data relating to real estate properties on this website was last updated as recently as 2026-09-01 02:56:12 PDT Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR®- Lauren Buttazzoni - (313) 479-2702

Frequently asked questions about 541 Pearson St

  • What is 541 Pearson St estimated to be worth?
    Trulia's estimated value for 541 Pearson St in Ferndale, MI is $324,200.
  • What is the price history for 541 Pearson St?
    541 Pearson St in Ferndale, MI last sold for $281,500 in January 2024.
  • Is Ferndale a buyer's or seller's market?
    Ferndale is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Ferndale?
    The median sale price in Ferndale is $261K. That is up $6.35K from the prior month.

Explore by feature - Pet Friendly

38 pet-friendly rentals in Ferndale, MI

Explore by feature - Garage

16 rentals with a garage in Ferndale, MI

Explore by feature - Air Conditioning

51 rentals with air conditioning in Ferndale, MI

Explore by feature - Washer/dryer

47 rentals with a washer/dryer in Ferndale, MI

Explore by feature - Outdoor Space

19 rentals with an outdoor space in Ferndale, MI

Apartments for Rent

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Off Market Homes Near 541 Pearson St

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