NOT LISTED FOR SALE

22362 Cape Cod Way Farmington Hills, MI 48336

Estimated Value: $162,000 - $178,000

2 Beds
2.5 Baths
998 Sq Ft
$171/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $105,000 $105 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,091/month

Highlights

  • Outdoor Pool
  • Clubhouse
  • Patio
  • Power Middle School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of July 2018

Beautifully updated 2 Bedroom with private full bath, Townhouse in Nantucket Condo complex in Farmington Hills. One additional half bath on the main level. Updated kitchen with full size cabinets, New granite counter tops & backsplash in kitchen & half bath. Convenient location close to downtown Farmington & expressways. Water, landscaping, snow removal and association fee are included in the rent. Carport is assigned to unit with extra parking. Clubhouse features a gathering area, work out area, playground and a beautiful outdoor pool. 1.5 months security deposit required. $200 non-refundable cleaning fee. Pets are negotiable but rent will be higher. No smoking.....Long term lease preferred. Client must provide current credit report with all pages, Proof of employment with three current pay stubs & copy of ID with application.

Last Agent to Rent the Property

Kavita Chaudhary

A2 Realty Group LLC License #6501401475 Listed on: 07/10/2018

Last Renter's Agent

Michael Murray

National Realty Centers, Inc License #RCO-6501403073

National Realty Centers, Inc

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,276

Year Built

  • Built in 1995

Lot Details

  • Property fronts a private road

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 998 Sq Ft Home
  • 2-Story Property

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Assigned Parking
  • Unassigned Parking

Outdoor Features

  • Outdoor Pool
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $2,025
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Assessor Parcel Number 2335202078

Community Details

Overview

  • No Home Owners Association
  • Nantucket Townhomes Occpn 1080 Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,276

Year Built

Built in 1995

Lot Details

0

Rental Info

  • Lease Type: Condominium
  • Rent Includes: Association Fee, Trash Collection (Garbage Pickup), Snow Removal, Water/Sewer, Yard Maintenance
  • Security Deposit: 2025.00
  • Tenant Amenities: Laundry In-Unit

Listing Details

  • Property Type: Condominium
  • Architecture Style: Townhouse
  • Architecture Level: 2 Story
  • Year Built: 1995
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 998
  • Total Sq Ft: 998

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Slab
  • Construction Materials: Brick
  • Exterior Features: Club House, Pool – Community
  • Foundation Materials: Poured
  • Porch Type: Patio
  • Road Frontage Type: Private

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: Carport
  • MF Parking: Assigned Spaces, Unassigned/General

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Electric
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fee: No

Fee Information

  • Additional Fee: 200.00

Schools

  • School District: Farmington

Lot Info

  • Parcel Number: 2335202078

Multi Family

  • Length of Lease: 12 Months, 13-24 Months, 25-36 Months

MLS Schools

  • School District: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Jun 22, 2018
Sold by
Durakovic Ernest and Durakovic Milaheta
Bought by
Kumar Sanjeev and Chaudhary Kavita
Seller's Agent
Kavita Chaudhary
A2 Realty Group LLC
Buyer's Agent
Michael Murray
National Realty Centers, Inc
Sold Price
$1,385
Current Estimated Value
$170,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,212
Avg. Annual Appreciation
6.97%
Original Mortgage
$78,750
Outstanding Balance
$59,739
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$111,551

Purchase Details

Closed on
Dec 18, 2000
Sold by
Clarke Pamela
Bought by
Durakovic Ernest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
7.13%
Source: Public Records

Range of Values:

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Average Value
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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
Kumar Sanjeev $105,000 None Available
Durakovic Ernest $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Sanjeev $78,750
Previous Owner Durakovic Ernest $107,000
Previous Owner Durakovic Ernest $10,000
Previous Owner Durakovic Ernest $118,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2018 07/17/18 Rented $1,385 +2.6% --
07/16/2018 07/16/18 Under Contract -- -- --
07/10/2018 07/10/18 For Rent $1,350 0.0% --
06/22/2018 06/22/18 Sold $105,000 -4.5% $105 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $110,000 -- $110 / Sq Ft
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 $2,276 $68,690 $12,500 $56,190
2022 $2,174 $54,460 $12,500 $41,960
2021 $2,636 $51,610 $9,000 $42,610
2020 $2,008 $49,010 $9,000 $40,010
2018 $1,100 $40,360 $0 $0
2015 -- $29,420 $0 $0
2014 -- $23,960 $0 $0
2011 -- $23,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218063602

Realcomp

APN: 23-35-202-078