618 Kensington Avenue

About this home

Welcome Home to 618 Kensington! Prime location just blocks from the amazing Downtown Ferndale, Ferndale Project, and many more new businesses along Livernois Road. This house is turn key ready. Updates: roof in 2019, privacy fencing along South side of the backyard, and newer furnace ~ 4 years old. Three spacious bedrooms with additional office/den. Brand new vinyl luxury plank flooring throughout main floor. Large backyard with spacious patio great for entertaining. Note: Home is currently operated as a short term rental and would be eligible for rental certificate for new owner)

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Ferndale

Over the last 90 days, 101 homes sold in Ferndale for a median of $262,000, about $207 per square foot, and the typical one went under contract in 12 days. This home is listed at $268,900, or $241 per square foot, 16% above the city median, and has been on the market 46 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Ferndale sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $5,191 a year. A buyer who lives here would pay about $4,812 to $6,404 a year once the taxable value resets after the sale, at the 2025 homestead rate of 47.16 mills for Ferndale City and Ferndale schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.

Location

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