Current use is a commercial building with 5 small units. Property is perfect for a tear down and redevelopment. Apartments, Condos or small retail. 157 feet of frontage gives you ample street frontage. Call us today to see what can be built. Owner may want to partner in a new development.
Property Details
Property Features
Listing Office:
Office Name: Signature Sotheby's International Realty Bham
Office Phone: (248) 644-7000
Listing Agent: Craig Minoletti
Lot Features
Lot Information:
Lot Size: 0.43 Acres
Other
Directions Information:
Directions: Est off Livernois
Price Information
Listing Price Info
Price Summary:
List Price: $1,499,999
Tax Information:
Annual Amount: $10,358
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Ferndale, MI.
This property is $1.2M more than the Median Sold Price in Ferndale, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240061936
Listing Office:
Office Name: Signature Sotheby's International Realty Bham
Office Phone: (248) 644-7000
Listing Agent: Craig Minoletti
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,554
Per Month
Principal & Interest
$7,487
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,564
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Pasteur Elementary School
19811 Stoepel St
Distance between this listing and this school0.88 miles
Public District Grades PK-6
3
/10
John F. Kennedy Elementary School
24220 Rosewood St
Distance between this listing and this school1.63 miles
Public Magnet Grades 3-5
3
/10
Bagley Elementary School of Journalism and Technology
8100 Curtis St
Distance between this listing and this school1.86 miles
Public District Grades PK-6
Nearby Schools
2
/10
Ferndale Middle School
725 Pinecrest Dr
Distance between this listing and this school0.37 miles
Public District Grades 6-8
9
/10
Bates Academy
19701 Wyoming St
Distance between this listing and this school1.35 miles
Public District Grades PK-8
1
/10
Macdowell Preparatory Academy
4201 W Outer Dr
Distance between this listing and this school1.65 miles
Public Charter Grades PK-8
Nearby Schools
5
/10
Ferndale High School
881 Pinecrest Dr
Distance between this listing and this school0.30 miles
Public District Grades 9-12
1
/10
Tri County Educational Center
21131 Garden Ln
Distance between this listing and this school0.84 miles
Public District Grades 9-12
4
/10
University High School
2521 Bermuda St
Distance between this listing and this school1.21 miles
The neighbors living near this home have an average income of $63,622. Most Ferndale, MI residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 624 Livernois St
What is the listing price of this property?
The listing price of 624 Livernois St property is $1,499,999.
What type of property is this?
The property 624 Livernois St is land located in Ferndale, Michigan, 48220.
Is this property for sale now?
Active Listing: 624 Livernois St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $10,358 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 624 Livernois St in Ferndale, MI and zip code 48220. This home sits on a 0.43 acre lot. It has been listed on Rocket Homes since August 21, 2024 and is currently priced at $1,499,999.
Ferndale, MI housing market in October 2024 saw over 14 listings sold above listed price, more than 8 sold at listed price and over 9 sold below. The number of homes for sale in Ferndale, MI increased by 12.5% between September 2024 and October 2024. While the average time on the market in October 2024 was 23 days, the median list price was $252,112.
From Rocket Homes Real Estate and based on county public records data.
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. 
Tennis
Tennis
Pro Boxing
Major League Soccer (MLS)
Crate & Barrel
IKEA
Banana Republic
Starbucks
Quiznos
Jack In The Box
BMW
Lexus
Toyota
News
Soft Adult Contemporary
Jazz