NOT LISTED FOR SALE

23067 Lake Way Farmington, MI 48336

Estimated Value: $263,000 - $290,000

3 Beds
2 Baths
1,507 Sq Ft
$185/Sq Ft Est. Value

Last Sold September 26, 2018

Last sale price $169,500 $112 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,869/month

10 Days on Market

Highlights

  • Deck
  • No HOA
  • Ceiling Fan
  • Farmington High School Rated A-
  • Forced Air Heating and Cooling System
  • Gas Fireplace

About This Home

As of September 2018

Showings for back up offers only. *Take a look at this home in Farmington. Recent updates include complete replacement of the HVAC 2010, updated electrical 2011, new shingles 2016, new driveway 2018, composite deck 2018. Backyard offers a park-like setting. Even though this home is a quad level, the basement is not for the tall person! Just good for storage. Flooring needs some updating. Just a bike ride to downtown Farmington. Enjoy Shiawassee Park and other great local attractions.

Last Agent to Sell the Property

Brett Phillips

RE/MAX Home Sale Services License #6501210265 Listed on: 08/21/2018

RE/MAX Home Sale Services

Last Buyer's Agent

Lynn DeJohn

RE/MAX Classic License #6501191459

RE/MAX Classic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1957

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x159.53

Parking

  • Carport

Home Design

  • Quad-Level Property
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Masonry

Interior Spaces

  • 1,507 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Dryer
  • Unfinished Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association
  • Resub Of Brookdale Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2327402018

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,974

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Level: Quad-Level
  • Assessment: 107.49
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer
  • Sq Ft Combined: 1507
  • Total Sq Ft: 1507
  • Sq Ft Total Bsmt: 450

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Block/Concrete/Masonry, Brick
  • Foundation Materials: Poured
  • Frontage Feet: 50
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: Carport

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Farmington

Lot Info

  • List Price per Acre: 833333.3333
  • Lot Size Area: 0.18
  • Lot Dimensions: 50X159.53
  • Parcel Number: 2327402018

Tax Info

  • Tax Amount Summer: 2376.0000
  • Tax Amount Winter: 598.0000
  • Total Tax: 2974.0000

MLS Schools

  • School District: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2018
Closed on
Sep 20, 2018
Sold by
Kupras James
Bought by
Hitchcock Tyler and Keller Angela
Seller's Agent
Brett Phillips
RE/MAX Home Sale Services
Buyer's Agent
Lynn DeJohn
RE/MAX Classic
List Price
$150,000
Sold Price
$169,500
Premium/Discount to List
$19,500
13%
Current Estimated Value
$278,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,499
Avg. Annual Appreciation
7.80%
Original Mortgage
$155,940
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2010
Sold by
Srinivas Venkatesh and Srinivas Nalini
Bought by
Kupras James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,617
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 1995
Sold by
Combes John D
Bought by
Srinivas Venkatesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.44%
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
Hitchcock Tyler $169,500 Fidelity National Title
Kupras James $76,000 Title Direct Agency Llc
Srinivas Venkatesh $124,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hitchcock Tyler $154,650
Closed Hitchcock Tyler $155,940
Previous Owner Kupras James Millard $100,000
Previous Owner Kupras James $74,617
Previous Owner Srinivas Venkatesh $50,000
Previous Owner Srinivas Venkatesh $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2018 09/26/18 Sold $169,500 +13.0% $112 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
08/21/2018 08/21/18 For Sale $150,000 -- $100 / 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 $3,936 $111,460 $0 $0
2023 $3,773 $105,450 $0 $0
2022 $4,348 $101,520 $0 $0
2021 $4,280 $94,350 $0 $0
2020 $3,531 $87,330 $0 $0
2019 $4,272 $84,250 $0 $0
2018 $3,039 $74,280 $0 $0
2017 $2,974 $74,280 $0 $0
2016 $2,970 $70,850 $0 $0
2015 -- $65,760 $0 $0
2014 -- $59,820 $0 $0
2011 -- $59,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218081147

Realcomp

APN: 23-27-402-018