NOT LISTED FOR SALE

23573 Prospect Ave Farmington, MI 48336

Estimated Value: $290,000 - $305,000

3 Beds
1 Bath
1,112 Sq Ft
$268/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $295,000 $265 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,988/month

6 Days on Market

Highlights

  • Ranch Style House
  • Ground Level Unit
  • Porch
  • Farmington High School Rated A-
  • No HOA
  • Patio

About This Home

As of July 2024

Charming three bedroom mid-century modern ranch with a prime location. Open floor plan with vaulted ceilings make this home feel extra spacious. Newer kitchen complete with stainless steel appliances and recently refinished wood floors throughout are among the updates. Full basement has lots of storage and laundry and potential for extra living space. Walking distance to Shiawassee Park and a 5 minute bike ride to downtown Farmington.

Last Agent to Sell the Property

Suzanne Cavanaugh

Home Realty Partners License #6502332901 Listed on: 06/21/2024

Last Buyer's Agent

Ian Billock

Top Agent Realty License #6501437927

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1954 | Remodeled in 2022

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 75x110

Parking

  • Carport

Home Design

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

Interior Spaces

  • 1,112 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Location

  • Ground Level Unit

Utilities

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

Community Details

  • No Home Owners Association
  • Bel Aire Hills Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2327251035

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,040

Year Built

Built in 1954 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 263.00
  • Year Built: 1954
  • State Equalized Value: 110800.0000
  • Year Renovated: 2022
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 1112
  • Total Sq Ft: 1112
  • Sq Ft Total Bsmt: 1112

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 75
  • Porch Type: Patio, Porch
  • 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 Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Farmington

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.19
  • Lot Dimensions: 75x110
  • Parcel Number: 2327251035

Tax Info

  • Tax Amount Summer: 4219.0000
  • Tax Amount Winter: 821.0000
  • Total Tax: 5040.0000
  • Taxable Value: 105960.0000

MLS Schools

  • School District: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Jul 26, 2024
Sold by
Paulson Kristin
Bought by
Maeda Shohhei
Seller's Agent
Suzanne Cavanaugh
Home Realty Partners
Buyer's Agent
Ian Billock
Top Agent Realty
List Price
$279,900
Sold Price
$295,000
Premium/Discount to List
$15,100
5.39%
Views
32
Current Estimated Value
$298,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,119
Avg. Annual Appreciation
0.96%
Original Mortgage
$275,000
Outstanding Balance
$272,136
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$25,983

Purchase Details

Listed on
Jan 22, 2021
Closed on
Mar 5, 2021
Sold by
Culpepper Michelle M
Bought by
Paulson Kristin
Seller's Agent
Autumn Hicks
Keller Williams Advantage
Buyer's Agent
Suzanne Cavanaugh
Home Realty Partners
List Price
$210,000
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%
Original Mortgage
$199,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 26, 2017
Closed on
Sep 15, 2017
Sold by
Brandt Christopher John
Bought by
Culpepper Michelle M
Seller's Agent
Andrew Nemeckay
KW Metro
Buyer's Agent
Autumn Hicks
Keller Williams Advantage
List Price
$159,900
Sold Price
$165,000
Premium/Discount to List
$5,100
3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$162,011
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 2009
Sold by
Soper Neill Christine and Estate Of Edward Butler
Bought by
Brandt Christopher John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,147
Interest Rate
5.11%
Mortgage Type
FHA
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
Maeda Shohhei $295,000 None Listed On Document
Paulson Kristin $210,000 None Available
Paulson Kristin $210,000 None Listed On Document
Culpepper Michelle M $165,000 Title Connect Llc
Brandt Christopher John $102,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maeda Shohhei $275,000
Previous Owner Paulson Kristin $199,500
Previous Owner Culpepper Michelle M $155,589
Previous Owner Culpepper Michelle M $162,011
Previous Owner Brandt Christopher John $95,450
Previous Owner Brandt Christopher John $97,603
Previous Owner Brandt Christopher John $100,147
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $295,000 +5.4% $265 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $279,900 +33.3% $252 / Sq Ft
03/05/2021 03/05/21 Sold $210,000 0.0% $189 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $210,000 +27.3% $189 / Sq Ft
09/15/2017 09/15/17 Sold $165,000 +3.2% $148 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
07/29/2017 07/29/17 Price Changed $159,900 0.0% $144 / Sq Ft
07/29/2017 07/29/17 For Sale $159,900 -3.0% $144 / Sq Ft
06/23/2017 06/23/17 Pending -- -- --
06/07/2017 06/07/17 Price Changed $164,900 -2.9% $148 / Sq Ft
05/26/2017 05/26/17 For Sale $169,900 -- $153 / 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 $4,400 $120,470 $0 $0
2023 $4,219 $110,800 $0 $0
2022 $4,849 $100,920 $0 $0
2021 $4,266 $98,130 $0 $0
2020 $3,520 $90,450 $0 $0
2019 $4,259 $83,970 $0 $0
2018 $4,006 $77,780 $0 $0
2017 $2,788 $77,780 $0 $0
2016 $2,785 $73,090 $0 $0
2015 -- $65,670 $0 $0
2014 -- $56,920 $0 $0
2011 -- $54,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240042895

Realcomp

APN: 23-27-251-035