NOT LISTED FOR SALE

23863 Middlebelt Rd Farmington Hills, MI 48336

Estimated Value: $252,000 - $279,840

5 Beds
2 Baths
1,765 Sq Ft
$149/Sq Ft Est. Value

Last Sold October 31, 2024

Last sale price $240,000 $136 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,657/month

28 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System
  • Corner Lot
  • 2 Car Detached Garage
  • Laundry Facilities

About This Home

As of October 2024

Welcome to this versatile 5-bedroom, 2-bathroom ranch situated on a spacious 0.49-acre lot in the heart of Farmington Hills. With 1,762 sq. ft. of living space, this home offers endless possibilities for large families, multi-generational living, or investors. Featuring two living rooms, two kitchens, and two separate entrances, it’s perfect for use as an in-law suite, teen apartment, or even a home-based business. The home’s bathrooms were updated in 2024 with new vanities and toilets. The home has a detached 2-car garage and shared laundry space. Conveniently located near major freeways and top-rated Farmington Hills schools, this property provides the option to live in one side and rent the other, or rent out both for added income. Previously generating $1,900/month in rent, it holds even more potential for savvy investors. Whether you're looking for a primary residence, investment property, or both, this home is a rare find in a prime location. Schedule your showing today! Property Sold AS-IS.

Last Agent to Sell the Property

Priyanka Dabhi

KW Professionals License #6501432177 Listed on: 09/20/2024

KW Professionals

Last Buyer's Agent

Masroor Ahmed

Keller Williams Advantage License #6501386491

Keller Williams Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1937 | Remodeled in 2019

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 168 x 128
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • 1,765 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Free-Standing Electric Range
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 2326227018

Community Details

Overview

  • No Home Owners Association
  • Suprvr's Middle Belt & Ten Mile Rd Plat No 1 Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,922

Year Built

Built in 1937 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1937
  • State Equalized Value: 80590.0000
  • Year Renovated: 2019
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: Dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Washer
  • Total Sq Ft: 1765

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Vinyl
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.49
  • Lot Dimensions: 168 x 128
  • Parcel Number: 2326227018

Tax Info

  • Tax Amount Summer: 2940.0000
  • Tax Amount Winter: 982.0000
  • Total Tax: 3922.0000
  • Taxable Value: 80590.0000

MLS Schools

  • School District: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Oct 31, 2024
Sold by
Venkata Padma Sanam and Venkata Shailendra N
Bought by
Ahmed Omer and Mohammed Faris Akbar
Seller's Agent
Priyanka Dabhi
KW Professionals
Buyer's Agent
Masroor Ahmed
Keller Williams Advantage
List Price
$240,000
Sold Price
$240,000
Views
154
Current Estimated Value
$263,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,460
Avg. Annual Appreciation
9.78%

Purchase Details

Closed on
Jul 1, 2021
Sold by
Venkata Padma Sanam
Bought by
Venkata Padma Sanam and Venkata Shailendra N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2018
Closed on
May 8, 2018
Sold by
Megdell Investments Llc
Bought by
Venkata Padma Sanam
Seller's Agent
Sheila Levine
Keller Williams Home
Buyer's Agent
Jolie Warpool
Signature Sotheby's International Realty Bham
List Price
$165,000
Sold Price
$150,000
Premium/Discount to List
-$15,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%

Purchase Details

Closed on
Sep 20, 2004
Sold by
Megdell Marilyn
Bought by
Megdell Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2004
Sold by
Belde Robert W
Bought by
Megdell Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 1998
Sold by
Lillian O Dea Tr
Bought by
Belde Robert W
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
Ahmed Omer $240,000 None Listed On Document
Venkata Padma Sanam -- None Available
Venkata Padma Sanam $150,000 Title Express Llc
Megdell Investments Llc -- Metropolitan Title Company
Megdell Investments Llc -- Metropolitan Title Company
Megdell Marilyn $167,000 --
Belde Robert W $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Venkata Padma Sanam $125,000
Previous Owner Megdell Marilyn $133,600
Closed Megdell Marilyn $16,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2024 10/31/24 Sold $240,000 0.0% $136 / Sq Ft
10/18/2024 10/18/24 Pending -- -- --
09/20/2024 09/20/24 For Sale $240,000 0.0% $136 / Sq Ft
06/15/2023 06/15/23 Rented $1,900 0.0% --
05/24/2023 05/24/23 Under Contract -- -- --
04/05/2023 04/05/23 For Rent $1,900 0.0% --
05/10/2018 05/10/18 Sold $150,000 -9.1% $85 / Sq Ft View Prior Sale
03/28/2018 03/28/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $165,000 -- $94 / 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 $3,251 $103,720 $18,560 $85,160
2022 $3,106 $80,590 $16,190 $64,400
2021 $3,834 $75,120 $16,190 $58,930
2020 $2,869 $67,380 $16,190 $51,190
2018 $2,500 $62,810 $0 $0
2015 -- $53,010 $0 $0
2014 -- $45,890 $0 $0
2011 -- $47,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240070455

Realcomp

APN: 23-26-227-018