NOT LISTED FOR SALE

23525 Prospect Ave Farmington, MI 48336

Estimated Value: $297,000 - $322,000

3 Beds
1 Bath
1,358 Sq Ft
$229/Sq Ft Est. Value

Last Sold December 29, 2014

Last sale price $162,373 $120 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,964/month

20 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Porch
  • Farmington High School Rated A-
  • 2 Car Detached Garage
  • Patio

About This Home

As of December 2014

Here comes another sharp move-in condition ranch in popular Bel-Aire Hills featuring an open floor plan with vaulted ceilings thru-out. Formal living and dining areas. Hardwood floors. Remodeled open kitchen with appliances. 3 good sized bedrooms all with vaulted ceilings. Remodeled bath with a jetted tub. Terrific family room with natural fireplace and a doorwall that leads to the backyard. Full size basement with great storage and finishing potential. Updates include: Roof (2014), Windows, Furnace (2008), HWT (2014). Spacious fenced yard. Great location deep within the subdivision. Sidewalks. Immediate occupancy. Walk to downtown Farmington. Close to freeways, shopping and more!

Last Agent to Sell the Property

Dennis Scott

Remerica United Realty License #6501276489 Listed on: 10/16/2014

Remerica United Realty

Last Buyer's Agent

Laura Skidmore

Keller Williams Premier License #RCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1954 | Remodeled in 1969

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 74.91x120
  • Fenced

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,358 Sq Ft Home
  • Gas Fireplace
  • Family Room with Fireplace
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Bel Aire Hills Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2327251037
  • $3,063 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,802

Year Built

Built in 1954 | Remodeled in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 105.32
  • Year Built: 1954
  • Year Renovated: 1969
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Range/Stove
  • Sq Ft Combined: 1358
  • Total Sq Ft: 1358
  • Sq Ft Total Bsmt: 1105

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 74
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

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

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)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Farmington

Lot Info

  • Homestead: Yes
  • List Price per Acre: 761428.5714
  • Lot Size Area: 0.21
  • Lot Dimensions: 74.91X120
  • Parcel Number: 2327251037

Tax Info

  • Tax Amount Summer: 2219.0000
  • Tax Amount Winter: 583.0000
  • Total Tax: 2802.0000

MLS Schools

  • School District: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2014
Closed on
Dec 23, 2014
Sold by
Verdejo Julian and Verdejo Lisa Ho
Bought by
Fahey Edward F and Fahey Valerie
Seller's Agent
Dennis Scott
Remerica United Realty
Buyer's Agent
Laura Skidmore
Keller Williams Premier
List Price
$159,900
Sold Price
$162,373
Premium/Discount to List
$2,473
1.55%
Current Estimated Value
$311,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,129
Avg. Annual Appreciation
6.34%
Original Mortgage
$167,731
Interest Rate
3.97%
Mortgage Type
VA

Purchase Details

Closed on
Feb 23, 2012
Sold by
Verdejo Julian and Verdejo Lisa Ho
Bought by
Verdejo Julian and Verdejo Lisa Ho

Purchase Details

Closed on
May 21, 2004
Sold by
Pletz Mark E and Pletz Rachel
Bought by
Verdejo Julian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,200
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 27, 2003
Sold by
Pletz Mark E and Warrington Rachel
Bought by
Pletz Mark E and Pletz Rachel

Purchase Details

Closed on
Oct 17, 2002
Sold by
Scarfe Darren P and Scarfe Tammy J
Bought by
Pletz Mark E and Warrington Rachel

Purchase Details

Closed on
Feb 13, 1998
Sold by
Law William J
Bought by
Scarfe Darren P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,541
Interest Rate
6.95%

Purchase Details

Closed on
Mar 22, 1996
Sold by
Bro John E
Bought by
Law William J
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
Fahey Edward F $162,373 None Available
Verdejo Julian -- None Available
Verdejo Julian -- None Available
Verdejo Julian $194,000 Title One Inc
Pletz Mark E -- --
Pletz Mark E $179,000 Metropolitan Title Co
Scarfe Darren P $122,500 --
Law William J $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fahey Edward F $165,115
Closed Fahey Edward F $167,731
Previous Owner Verdejo Julian $144,337
Previous Owner Verdejo Julian R $37,500
Previous Owner Verdejo Julian $155,200
Previous Owner Verdejo Julian $19,400
Previous Owner Scarfe Darren P $120,541
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2014 12/29/14 Sold $162,373 +1.5% $120 / Sq Ft
11/05/2014 11/05/14 Pending -- -- --
10/16/2014 10/16/14 For Sale $159,900 -- $118 / 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 $3,242 $134,050 $0 $0
2023 $3,109 $122,040 $0 $0
2022 $3,602 $109,060 $0 $0
2021 $3,545 $104,590 $0 $0
2020 $2,909 $95,390 $0 $0
2019 $3,537 $87,040 $0 $0
2018 $3,286 $76,880 $0 $0
2017 $3,444 $76,880 $0 $0
2016 $3,214 $72,370 $0 $0
2015 -- $65,120 $0 $0
2014 -- $56,540 $0 $0
2011 -- $57,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214108196

Realcomp

APN: 23-27-251-037