Seller's Agent in 2024
Annette Compo
Keller Williams Home
(248) 380-8800
4 in this area
94 Total Sales
24025 Drake Rd Farmington, MI 48335
Estimated Value: $354,000 - $398,000
5
Beds
3
Baths
2,518
Sq Ft
$150/Sq Ft
Est. Value
Highlights
- 1.23 Acre Lot
- Colonial Architecture
- No HOA
- Longacre Elementary School Rated A-
- Deck
- Covered patio or porch
About This Home
As of October 2024This one-of-a-kind historic 3-story gem is on the market for the first time in 55 years! Nestled on acreage, this spacious 5-bedroom, 1 full, and 2 half-bathroom home was built in 1925 as a part of the C.F. Smith Estate. The home boasts high ceilings, wet plaster walls, original built-ins, and leaded glass French doors adding to its timeless elegance. Hardwood floors stretch across the living room, dining room, and bedrooms. The kitchen features a novel layout with a bench seating breakfast nook and butler's pantry with exterior access. Unwind on the enclosed front porch or covered back deck overlooking the mature wooded landscape and wildlife visitors. Each corner of this home has its own story– from the mahogany-paneled library with a coffered ceiling and built-ins with leaded glass doors, to the "music room" tucked within the living room, with an original Art Deco pendant light. The 1950s addition features a family room with rich wood panels, three walls of floor to ceiling windows, a glass-enclosed peninsula-style fireplace, and a door wall to the back deck. The beautiful wood staircase in the center of the home leads to the second level. The second level features four bedrooms and a vibrant mint green ceramic tiled full bathroom. Each bedroom holds its own character, including one bedroom with access to a flat roof patio among the trees. The third floor functions as a fifth bedroom or recreation room providing endless possibilities with the gabled ceiling and dormer windows naturally lighting the space. Outside, the property offers privacy with mature towering trees, and a two-car detached garage. Located within a 5 min drive to Downtown Farmington, Longacre Elementary, Power Middle School, and Farmington High, with quick access to M-5, I-696, and I-275, this property is situated for convenience. Make your move to this special property and create memories in a home where every detail tells a story.
Last Agent to Sell the Property
Keller Williams Home License #6506045137 Listed on: 09/12/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1925
Lot Details
- 1.23 Acre Lot
- Lot Dimensions are 176.00 x 109.00
- Fenced
Parking
- 2 Car Detached Garage
Home Design
- Colonial Architecture
- Block Foundation
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 2,518 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Family Room with Fireplace
- Unfinished Basement
Kitchen
- Free-Standing Gas Range
- <<microwave>>
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Balcony
- Deck
- Covered patio or porch
- Exterior Lighting
Location
- Ground Level
Utilities
- Cooling System Mounted In Outer Wall Opening
- Hot Water Heating System
- Heating System Uses Natural Gas
- Radiant Heating System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2329226006
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 12, 2024
Closed on
Oct 16, 2024
Sold by
Champness Family Trust and Champness Christine M
Bought by
Weber Dudley and Weber Dara
Seller's Agent
Annette Compo
Keller Williams Home
Buyer's Agent
Annette Compo
Keller Williams Home
List Price
$449,900
Sold Price
$350,000
Premium/Discount to List
-$99,900
-22.2%
Views
78
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,830
Avg. Annual Appreciation
10.81%
Purchase Details
Closed on
Sep 19, 2022
Sold by
Champness Anne C
Bought by
Champness Family Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Weber Dudley | $350,000 | None Listed On Document | |
| Weber Dudley | $350,000 | None Listed On Document | |
| Champness Family Trust | -- | Land Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Champness Robin D | $57,000 | |
| Previous Owner | Champness Robin D | $62,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/16/2024 10/16/24 | Sold | $350,000 | -12.5% | $139 / Sq Ft |
| 10/09/2024 10/09/24 | Pending | -- | -- | -- |
| 09/24/2024 09/24/24 | Price Changed | $399,900 | -11.1% | $159 / Sq Ft |
| 09/12/2024 09/12/24 | For Sale | $449,900 | -- | $179 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $4,313 | $163,550 | $0 | $0 |
| 2023 | $3,568 | $144,720 | $0 | $0 |
| 2022 | $3,949 | $138,760 | $0 | $0 |
| 2021 | $3,887 | $135,130 | $0 | $0 |
| 2020 | $3,199 | $126,270 | $0 | $0 |
| 2019 | $3,879 | $118,340 | $0 | $0 |
| 2018 | $3,603 | $105,010 | $0 | $0 |
| 2017 | $3,530 | $105,010 | $0 | $0 |
| 2016 | $3,525 | $101,830 | $0 | $0 |
| 2015 | -- | $81,790 | $0 | $0 |
| 2014 | -- | $73,610 | $0 | $0 |
| 2011 | -- | $75,780 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Annette Compo
-
Trevor Medema
T
Seller Co-Listing Agent in 2024
Trevor Medema
Keller Williams Home
(248) 380-8800
3 in this area
30 Total Sales
Map
Source: Realcomp
MLS Number: 20240068562
APN: 23-29-226-006
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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