$268,600
- 3 Beds
- 1 Bath
- 1,530 sqft
581 Spencer St, Ferndale, MI 48220
Est. Refi. Payment $1,806/mo*
Refinance Your HomeCurrently Off Market - Sold Dec 16, 2024 for $256,000
Home Value
Trulia Estimate
$269KSince last month
Decreased$800 (-0.3%)Since last year
Increased$7K (+2.8%)Since last sale
Increased$13K (+4.9%)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 +88% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $269K |
| August 2026 | $269K |
| July 2026 | $269K |
| June 2026 | $270K |
| May 2026 | $268K |
| April 2026 | $269K |
| March 2026 | $271K |
| February 2026 | $265K |
| January 2026 | $265K |
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 |
|---|---|---|---|---|---|---|---|
0.06 | Single-Family Home | $195,000 | 02/17/26 | 3 | 1 | 1,580 | |
0.06 | Single-Family Home | $181,000 | 01/20/26 | 3 | 1 | 1,137 | |
0.03 | Single-Family Home | $279,000 | 12/24/25 | 3 | 2 | 1,391 | |
0.22 | Single-Family Home | $255,000 | 05/15/26 | 3 | 1 | 1,182 | |
0.10 | Single-Family Home | $220,000 | 08/24/26 | 3 | 1 | 1,028 | |
0.21 | Single-Family Home | $295,000 | 04/08/26 | 3 | 1 | 1,821 | |
0.15 | Single-Family Home | $262,000 | 11/19/25 | 3 | 1 | 1,127 |
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 |
|---|---|---|---|---|---|---|
0.04 | $245,000 | 2 | 2 | 1,369 | For Sale | |
0.05 | $244,700 | 2 | 2 | 1,390 | Off Market | |
0.02 | $211,400 | 3 | 1 | 935 | Off Market | |
0.06 | $560,500 | 14 | 4 | 3,312 | Recently Sold | |
0.03 | $279,000 | 3 | 2 | 1,391 | Recently Sold | |
0.03 | $210,000 | 4 | 2 | 1,692 | For Sale | |
0.07 | $159,711 | 3 | 1 | 1,000 | For Sale | |
0.05 | $212,300 | 3 | 1 | 910 | Off Market | |
0.06 | $195,000 | 3 | 1 | 1,580 | Recently Sold | |
0.07 | - | 3 | 2 | 747 | Off Market | |
0.06 | $247,200 | 3 | 1.5 | 980 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1916
1,530 sqft
$176/sqft
About this House
Welcome Home! This sizable classic Ferndale bungalow has plenty of charm inside and out. Relax on the covered front porch or entertain company on the oversized back deck. Beautifully refinished hardwood floors throughout the living area and upstairs. It features a large kitchen with updated flooring, huge island with additional counter-space, a sliding glass door to the back deck that overlooks the fenced-in backyard. The large bathroom has a jetted tub, double sinks, and a standing shower. This friendly, neighborhood street is just a short distant to all downtown has to offer with shopping, dining, and entertainment. Don't miss this opportunity.
581 Spencer St, Ferndale, MI 48220 is a 3 bedroom, 1 bathroom, 1,530 sqft single-family home built in 1916. It last sold for $256,000 on Dec 16, 2024 (3% below the $263,500 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $268,600, with a rent estimate of $1,851/month.
Last check for updates: about 6 hours ago
Listed by Shane Wilson, (248) 686-4048
DOBI Real Estate
Bought with: Erin Hertzog, (248) 234-2617, Good Company
Co-Buyer's Agent: Jolene L Jacobs, (248) 212-7493, Good Company
Source: Realcomp II, MLS#20240081776

Home Details for 581 Spencer St
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Interior Details Basement: UnfinishedNumber of Rooms: 5 |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 1530 Square Feet |
Appliances & Utilities Utilities: Above Ground UtilitiesAppliances: Dishwasher, Disposal, Dryer, Free Standing Gas Oven, Free Standing Refrigerator, Microwave, WasherDishwasherDisposalDryerMicrowaveWasher |
Heating & Cooling Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Ceiling Fans,Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa No FireplaceJetted Bath Tub |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoEntry Location: GroundLevelwSteps |
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Exterior Home Features Roof: AsphaltPatio / Porch: Covered, Deck, PorchFencing: Back Yard, FencedFoundation: Basement, Block |
Parking & Garage No CarportNo GarageNo Attached GarageParking: No Garage |
Pool Pool: None |
Frontage Road Frontage: PavedNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1530 Square Feet |
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Cumulative Days on Market: 85 |
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Year Built Year Built: 1916Year Renovated: 2021 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Bungalow |
Building Construction Materials: Vinyl SidingNot a New ConstructionDoes Not Include Home Warranty |
Property Information Parcel Number: 2535306045 |
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Price List Price: $263,500 |
Status Change & Dates Off Market Date: Wed Nov 27 2024Possession Timing: At Close |
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MLS Status: Sold |
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Direction & Address City: FerndaleCommunity: HUGO SCHERER'S SUB |
School Information High School District: Ferndale |
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Not Senior Community |
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No HOA |
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Lot Area: 4356 sqft |
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Special Conditions: Short Sale No, Standard |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Conventional, FHA, Va Loan |
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BasementMls Number: 20240081776Above Grade Unfinished Area: 1530Activation Date: Tue Oct 29 2024Showing Requirements: AppointmentLockBox |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Dec 16, 2024 Source: Realcomp II #20240081776 | Sold | $256,000 |
Nov 28, 2024 Source: Realcomp II #20240081776 | Pending | $263,500 |
Oct 29, 2024 Source: Realcomp II #20240081776 | Listed For Sale | $263,500 |
Oct 19, 2024 Source: Realcomp II #20240065440 | ListingRemoved | $274,000 |
Oct 9, 2024 Source: Realcomp II #20240065440 | PriceChange | $274,000 Price decreased by 3% |
Sep 23, 2024 Source: Realcomp II #20240065440 | PriceChange | $282,000 Price decreased by 4% |
Sep 11, 2024 Source: Realcomp II #20240065440 | PriceChange | $294,000 Price decreased by 4% |
Sep 3, 2024 Source: Realcomp II #20240065440 | Listed For Sale | $307,000 |
Jan 4, 2021 Source: N/A | Sold | $226,000 |
Nov 10, 2020 Source: Agent Provided | Pending | $239,900 |
Oct 22, 2020 Source: Agent Provided | Listed For Sale | $239,900 |
Dec 16, 1998 Source: N/A | Sold | $106,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $5,838 | $218,380 |
Home facts updated by county records
Market trends in Ferndale
Last updated August 2026
Avg. sale price
$265K
$4KMoM
Sale-to-List Price
100.0%
Price per sq ft
$227
$9MoM
Available listings
140
10MoM
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

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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 2026-09-21 23:29:40 PDT
Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR®- Lauren Buttazzoni - (313) 479-2702
Frequently asked questions about 581 Spencer St
- What is 581 Spencer St estimated to be worth?Trulia's estimated value for 581 Spencer St in Ferndale, MI is $268,600.
- What is the price history for 581 Spencer St?581 Spencer St in Ferndale, MI last sold for $256,000 in December 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 $265K. That is up $4K from the prior month.
- Does 581 Spencer St have air conditioning?Yes, 581 Spencer St in Ferndale, MI has air conditioning.
- Does 581 Spencer St have laundry facilities?Yes, 581 Spencer St in Ferndale, MI has in-unit laundry.