2044 Garfield ST , Ferndale, MI 48220
Est. $1,068/mo with current taxes · · See the breakdown
About this home
Whether you’re a looking for an opportunity to build instant equity, an investor searching for your next flip, or a landlord looking to add another property to your portfolio, this home offers plenty of potential! Comparable homes in the area are selling in the $175,000–$200,000 range, making this a great opportunity for the right buyer. With some TLC, cosmetic updates, and a good deep clean, this property could be transformed into a fantastic home or investment. Bring your ideas and make it your own. Schedule your showing today!
Monthly payment
The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then.The uncapped tax line is this home's bill after it uncaps: half the price times 47.16 mills, the 2025 homestead rate here. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.
The facts
| Price | $109,900 |
| Beds | 2 |
| Baths | 1 full |
| Square feet | 766 |
| Type | Single family residence |
| Subdivision | MAPLEDALENO 1 |
| County | Oakland |
| MLS # | 20261087474 |
| Listed | 2026-10-29 |
| Days on market | 0 |
| Year built | 1950 |
| Possession | At closing |
| Stories | 1 story |
| Heating | Forced air, Natural gas |
| Foundation | Slab |
| Garage spaces | 1.5 |
| Water / Sewer | City water & sewer |
| Parcel number | 2526177004 |
| Listing office | Opul Realty |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $26,610 | about $54,950 |
| Yearly property tax | $2,364 | about $2,591 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $227 a year more than this seller pays. The assessor's state equalized value (SEV) is $81,700. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Ferndale's 2025 homestead rate of 47.16 mills and assumes you claim the homestead exemption. See Ferndale's full tax breakdown or run the uncapping calculator.
Location
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-10-29T15:35+00:00; refreshed at least twice daily.