NOT LISTED FOR SALE

1308 Franklin Rd Berkley, MI 48072

Estimated Value: $359,000 - $379,000

3 Beds
2 Baths
1,215 Sq Ft
$301/Sq Ft Est. Value

Last Sold November 11, 2022

Last sale price $325,000 $267 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,368/month

3 Days on Market

Highlights

  • No HOA
  • Patio
  • Forced Air Heating and Cooling System
  • Rogers Elementary School Rated A-
  • Bungalow

About This Home

As of November 2022

Welcome home to this beautifully updated 3 bedroom, 2 bathroom Berkley bungalow! This home sits on one of the best streets in Berkley and is conveniently located with easy access to all major freeways as well as Birmingham, Royal Oak an Ferndale. The main floor features a living room, formal dining, 2 bedrooms, 1 full bathroom as well as an updated kitchen which features granite countertops and new cabinets and flows into formal dining and a bar. Upstairs you will find the largest bedroom with 2 closets. The finished basement features an open living space, full bathroom, a recreational room and ample storage. The backyard features a stamped concrete patio with pergola, shed, privacy fence and nice landscaping. Roof replaced in 2007, furnace in 2014 and hot water heater in 2019. All appliances stay with the home as well as some built-in furniture items. *OPEN HOUSE SATURDAY & SUNDAY 12-2*

Last Agent to Sell the Property

Nicholas Bastianelli

Real Broker LLC License #6501413033 Listed on: 10/13/2022

Real Broker LLC

Last Buyer's Agent

Ann Spencer

Berkshire Hathaway HomeServices Kee Realty Oxford License #6501382485

Berkshire Hathaway HomeServices Kee Realty Oxford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1941

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00

Home Design

  • Bungalow
  • Block Foundation
  • Built-Up Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,215 Sq Ft Home
  • 1.5-Story Property
  • Finished Basement

Kitchen

  • Free-Standing Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Stephenson Barber's Oakland Manors Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2517257021
  • $4,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,622

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1941
  • State Equalized Value: 119240.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Oven, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 1815
  • Sq Ft Lower Floor: 600
  • Total Sq Ft: 1215
  • Sq Ft Total Bsmt: 862

Exterior Features

  • Roof Material: Asphalt, Built-Up
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Patio
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal), Water at Street

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Berkley

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.12
  • Lot Dimensions: 50.00 x 100.00
  • Parcel Number: 2517257021

Tax Info

  • Tax Amount Summer: 6415.0000
  • Tax Amount Winter: 207.0000
  • Total Tax: 6622.0000
  • Taxable Value: 116730.0000

MLS Schools

  • School District: Berkley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2022
Closed on
Nov 11, 2022
Sold by
Pryor Timothy R
Bought by
Lorant Andrew and Vargason Brian
Seller's Agent
Nicholas Bastianelli
Real Broker LLC
Buyer's Agent
Ann Spencer
Berkshire Hathaway HomeServices Kee Realty Oxford
List Price
$325,000
Sold Price
$325,000
Views
13
Current Estimated Value
$366,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,151
Avg. Annual Appreciation
3.94%
Original Mortgage
$292,500
Outstanding Balance
$284,215
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$78,856

Purchase Details

Closed on
Oct 9, 2020
Sold by
Wandrei Greg
Bought by
Pryor Timothy R and Fant Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2019
Closed on
Nov 27, 2019
Sold by
Knowles Erica E and Knowles Scott J
Bought by
Wandrei Greg
Seller's Agent
Alina Valentine
KW Metro
Buyer's Agent
Nicholas Bastianelli
EXP Realty LLC
List Price
$249,900
Sold Price
$249,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%

Purchase Details

Listed on
May 18, 2015
Closed on
Jul 7, 2015
Sold by
Richardson Kenneth L and Richardson Amy H
Bought by
Wilson Erica E and Knowles Scott J
Seller's Agent
Chris Pero
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Alina Valentine
KW Metro
List Price
$179,900
Sold Price
$177,500
Premium/Discount to List
-$2,400
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%
Original Mortgage
$168,625
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2011
Sold by
Richardson Amy H and Richardson Kenneth L
Bought by
The Kenneth L & Amy H Richardson Revocab

Purchase Details

Closed on
Sep 18, 2009
Sold by
Richardson Amy H and Richardson Kenneth L
Bought by
Richardson Amy H and Richardson Kenneth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,100
Interest Rate
5.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2000
Sold by
Mosher Nancy
Bought by
Wang Amy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
8.55%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lorant Andrew $325,000 --
Pryor Timothy R $250,000 None Available
Wandrei Greg $249,900 None Available
Wilson Erica E $177,500 Fnt
The Kenneth L & Amy H Richardson Revocab -- None Available
Richardson Amy H -- Lsi
Wang Amy H $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lorant Andrew $292,500
Previous Owner Pryor Timothy R $225,000
Previous Owner Knowles Scott J $170,600
Previous Owner Wilson Erica E $168,625
Previous Owner Richardson Amy H $141,100
Previous Owner Richardson Kenneth L $180,000
Previous Owner Wang Amy H $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2022 11/11/22 Sold $325,000 0.0% $267 / Sq Ft
10/16/2022 10/16/22 Pending -- -- --
10/13/2022 10/13/22 For Sale $325,000 +30.1% $267 / Sq Ft
11/27/2019 11/27/19 Sold $249,900 0.0% $206 / Sq Ft
11/11/2019 11/11/19 Pending -- -- --
11/08/2019 11/08/19 For Sale $249,900 +40.8% $206 / Sq Ft
07/07/2015 07/07/15 Sold $177,500 -1.3% $146 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
05/18/2015 05/18/15 For Sale $179,900 0.0% $148 / Sq Ft
08/15/2012 08/15/12 Rented $1,400 +7.7% --
08/06/2012 08/06/12 Under Contract -- -- --
07/05/2012 07/05/12 For Rent $1,300 -- --
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,216 $135,030 $0 $0
2023 $4,701 $127,850 $0 $0
2022 $6,625 $119,240 $0 $0
2021 $6,458 $113,010 $0 $0
2020 $5,274 $94,230 $0 $0
2019 $3,209 $89,420 $0 $0
2018 $3,068 $80,550 $0 $0
2017 $3,030 $79,260 $0 $0
2016 $3,058 $75,260 $0 $0
2015 -- $70,960 $0 $0
2014 -- $61,460 $0 $0
2011 -- $59,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221052092

Realcomp

APN: 25-17-257-021