NOT LISTED FOR SALE

23080 Lake Way Farmington, MI 48336

Estimated Value: $304,000 - $343,185

3 Beds
2 Baths
1,219 Sq Ft
$267/Sq Ft Est. Value

Last Sold February 02, 2018

Last sale price $221,600 $182 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,227/month

8 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Bar Fridge
  • Farmington High School Rated A-
  • 2 Car Detached Garage
  • Enclosed patio or porch

About This Home

As of February 2018

In the heart of Farmington is a move-in-ready Ranch with a recently updated basement and kitchen on a spacious lot. This modern and warm home features hardwood floors throughout and plenty of natural light. Granite kitchen with stainless steel appliances provides open concept into the eating area and living room. Florida room allows for more space when entertaining guests or enjoying the sights and sounds of summer from an large backyard with mature trees. Additional living space in the basement including full kitchen, full bath, and room that can be used as another bedroom or for hobbies. A short walk to Farmington High School for Friday Night Football under the lights and Shiawassee Park and a short drive to I-696, i-275, M-5, and I-96, Beaumont Hospital Farmington and countless other major conveniences. Do NOT Delay on submitting an offer on this high demand ranch that covers all the criteria of your search!

Last Agent to Sell the Property

Simon Thomas

DOBI Real Estate License #6501369681 Listed on: 12/12/2017

DOBI Real Estate

Co-Listed By

Lauren Himle

DOBI Real Estate License #6501395703

Last Buyer's Agent

Chris LeBlanc

DOBI Real Estate License #RCO-6502376920

DOBI Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1957

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 65.05x253.02

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,219 Sq Ft Home
  • Wet Bar
  • Bar Fridge
  • Attic Fan
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Enclosed patio or porch

Utilities

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

Community Details

  • No Home Owners Association
  • Brookdale Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2327427002

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,185

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 108.98
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Humidifier, Wet Bar
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2019
  • Sq Ft Lower Floor: 800
  • Total Sq Ft: 1219
  • Sq Ft Total Bsmt: 1219

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Patio, Porch, Porch - Enclosed
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Door Opener, Electricity
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Farmington

Lot Info

  • Homestead: Yes
  • List Price per Acre: 576315.7895
  • Lot Size Area: 0.38
  • Lot Dimensions: 65.05X253.02
  • Parcel Number: 2327427002

Tax Info

  • Tax Amount Summer: 2527.0000
  • Tax Amount Winter: 658.0000
  • Total Tax: 3185.0000

MLS Schools

  • School District: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2020
Sold by
Heide Mark
Bought by
Heide Mark and Roszczynska Aleksandra
Current Estimated Value
$326,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,500
Outstanding Balance
$185,005
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$123,141

Purchase Details

Listed on
Dec 12, 2017
Closed on
Feb 2, 2018
Sold by
Olson Richard W and Olson Gretchen
Bought by
Heide Mark
Seller's Agent
Simon Thomas
DOBI Real Estate
Buyer's Agent
Chris LeBlanc
DOBI Real Estate
List Price
$219,000
Sold Price
$221,600
Premium/Discount to List
$2,600
1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%
Original Mortgage
$210,520
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2004
Sold by
Culver William S and Culver Siripron
Bought by
Olson Richard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,350
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 1996
Sold by
Rujan Adam
Bought by
Culver William S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,700
Interest Rate
8%
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
Heide Mark -- Michigan Title Ins Agcy Inc
Heide Mark $221,600 None Available
Olson Richard W $194,350 Lawyers Title
Culver William S $135,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heide Mark $207,500
Closed Heide Mark $210,520
Previous Owner Olson Gretchen A $148,000
Previous Owner Olson Richard W $194,350
Previous Owner Culver William S $108,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2018 02/02/18 Sold $221,600 +1.2% $182 / Sq Ft
12/20/2017 12/20/17 Pending -- -- --
12/12/2017 12/12/17 For Sale $219,000 -- $180 / 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 $5,107 $143,830 $0 $0
2023 $4,896 $136,570 $0 $0
2022 $5,609 $130,870 $0 $0
2021 $5,522 $122,850 $0 $0
2020 $4,582 $114,350 $0 $0
2019 $5,516 $110,240 $0 $0
2018 $3,278 $79,180 $0 $0
2017 $3,189 $79,180 $0 $0
2016 $3,185 $75,530 $0 $0
2015 -- $70,100 $0 $0
2014 -- $63,790 $0 $0
2011 -- $64,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217109033

Realcomp

APN: 23-27-427-002