13 days on rocket

695 Livernois St, Ferndale, MI, 48220

$1,299,900

Home List Price

$10,000*

Closing Credit

5 Full Baths
3,186 SqFt
$408/SqFt
Multi
Schools Nearby

Location

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695 Livernois St, Ferndale$1,299,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingGarages, Assigned Spaces, On Street
Year Built1942
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
MLS #20240030666
Lot Size0.10 Acres
StatusActive

About 695 Livernois St

Discover the future of living and investing—a seamlessly blended residential and commercial opportunity tailored for the ambitious young professional or savvy investor. This unique multi-unit property not only offers stylish, modern living spaces but also features mixed-use zoning, allowing you to dream big and diversify your investment portfolio. Whether you envision a bustling storefront, a chic salon, a Law Office, a Boutique Hotel, a profitable Airbnb venture, or a mixture of all - this property is your canvas. A one-of-a-kind investment breathing new meaning into the phrase Live-Work-Play. Seize the opportunity to shape your future in a place where lifestyle meets opportunity. This property is not just a building; it’s a gateway to a life of entrepreneurial freedom and residential bliss in one of the most spirited neighborhoods in Michigan. Engage with a property that will grow with your ambitions. Schedule your visit today and explore how your vision can turn into reality. Comprehensive marketing package available - Please reach out. BATVAI.

Property Details

Property Features

Property Information:

  • Architectural Style: Triplex, Traditional
  • Year Built: 1942
  • Stories: 2
  • Living Area: 3,186 SqFt

Listing Office:

  • Office Name: KW Metro
  • Office Phone: (248) 288-3500
  • Listing Agent: Alina Valentine

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Laundry Facility

Bedroom and Bathroom Information:

  • Full Bathrooms: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Private Entry

Parking Information:

  • Parking: Garages, Assigned Spaces, On Street

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Ferndale High School, Public District Grades 9-12
  • Ferndale Middle School, Public District Grades 6-8
  • John F. Kennedy Elementary School, Public Magnet Grades 3-5

Other

Directions Information:

  • Directions: N of 8 Mile Rd. & W of Woodward Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,299,900
  • Price Per SqFt: $408/SqFt

Tax Information:

  • Annual Amount: $6,187
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Ferndale, MI.

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Ferndale, MI

City

Med. Sold Price

$245K

Med. Price/SqFt

$236

Avg. Days On Market

14

# of Sold Homes

39

695 Livernois St vs Ferndale

13 DAYS ON ROCKET

-1 Day

$1,299,900

+$1.0M More

$408/SqFt

+$171 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $171/SqFt more than other homes in Ferndale, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240030666

Listing Office:

  • Office Name: KW Metro
  • Office Phone: (248) 288-3500
  • Listing Agent: Alina Valentine

IDXDisclaimer: 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 © 2024 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: 5/29/2024, 7:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,187$96,130
2020$6,015$85,950
2018$5,038$71,100
2017$3,761$49,230

History based on county public records data.

Payment Calculator

$6,555

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4319893
3
/10

  • John F. Kennedy Elementary School

  • 24220 Rosewood St

  • 1.58 miles

  • Public Magnet Grades 3-5

Middle School

school-card-donut-4319894
2
/10

  • Ferndale Middle School

  • 725 Pinecrest Dr

  • 0.23 miles

  • Public District Grades 6-8

High School

school-card-donut-4319895
5
/10

  • Ferndale High School

  • 881 Pinecrest Dr

  • 0.32 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,622. The most common annual income of people living in Ferndale, MI is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Oakland County›Ferndale›48220›695 Livernois St

This home is located at 695 Livernois St in Ferndale, MI and zip code 48220. This 3,186 square foot home, which was built in 1942, sits on a 0.10 acre lot. Features: 5 bathrooms. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $1,299,900.

While more than 22 listings in Ferndale, MI in April 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 9 were sold below. Between March 2024 and April 2024, Ferndale, MI real estate market has seen increase in the number of listings by 24.2%. The median list price of listings available in April 2024 was $245,000, while the average time on the real estate market was 14 days.

From Rocket Homes Real Estate and based on county public records data.

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