NOT LISTED FOR SALE

24050 Colchester Dr Farmington, MI 48336

Estimated Value: $316,000 - $322,000

3 Beds
2 Baths
1,086 Sq Ft
$295/Sq Ft Est. Value

Last Sold July 14, 2016

Last sale price $181,000 $167 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,022/month

3 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 July 2016

Move-in condition brick ranch in popular Bel-Aire Hills features an open floor plan w/formal living & dining areas. Hardwood floors. Updated kitchen with appliances & eat-in space. 2 updated full baths on the entry level. 3 nice bedrooms. Finished lower level w/family room, wet bar and lots of storage space. Good sized fenced yard w/paver patio. 2 car garage. Updates include: Roof (tear-off), furnace (2013), newer vinyl siding, windows (including Anderson picture window) & glass block, new stairs to finished lower level, front door (Anderson), tuck pointed front porch, backyard fence, side mounted gas meter, new drain line from laundry tub to main drain, new laundry tub, copper plumbing, updated electrical panel. Walk to downtown Farmington. Ideally located close to freeways, shopping & more!

Last Agent to Sell the Property

Dennis Scott

Remerica United Realty License #6501276489 Listed on: 06/01/2016

Remerica United Realty

Last Buyer's Agent

Noel Bittinger

Bittinger Team, REALTORS License #6502390518

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1955

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 61 x 131
  • Fenced

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,086 Sq Ft Home
  • 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

  • Patio
  • Exterior Lighting
  • 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
  • Bel Aire Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2327204003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,928

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Humidifier
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 1086

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Poured
  • 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: 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

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1038888.8889
  • Lot Size Area: 0.18
  • Lot Dimensions: 61 x 131
  • Parcel Number: 2327204003

Tax Info

  • Tax Amount Summer: 2314.0000
  • Tax Amount Winter: 614.0000
  • Total Tax: 2928.0000

MLS Schools

  • School District: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2016
Closed on
Jul 15, 2016
Sold by
Flood John Gerard
Bought by
Parfen Alice and Parfen Michael
Seller's Agent
Dennis Scott
Remerica United Realty
Buyer's Agent
Noel Bittinger
Bittinger Team, REALTORS
List Price
$187,000
Sold Price
$181,000
Premium/Discount to List
-$6,000
-3.21%
Current Estimated Value
$320,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,127
Avg. Annual Appreciation
6.33%
Original Mortgage
$176,982
Outstanding Balance
$140,920
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$179,207

Purchase Details

Closed on
Aug 28, 1998
Sold by
Grennier Michael W
Bought by
Ford John Gerard

Purchase Details

Closed on
Dec 1, 1995
Sold by
Dix Peter J
Bought by
Grennier Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,550
Interest Rate
7.43%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Parfen Alice $181,000 None Available
Ford John Gerard $140,650 --
Grennier Michael W $118,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parfen Alice $176,982
Previous Owner Grennier Michael W $112,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2016 07/14/16 Sold $181,000 -3.2% $167 / Sq Ft
06/04/2016 06/04/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $187,000 -- $172 / 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 $4,153 $127,120 $0 $0
2023 $3,982 $117,320 $0 $0
2022 $4,582 $106,700 $0 $0
2021 $4,510 $103,890 $0 $0
2020 $3,726 $96,140 $0 $0
2019 $4,503 $89,230 $0 $0
2018 $4,182 $85,210 $0 $0
2017 $4,099 $85,210 $0 $0
2016 $2,915 $75,790 $0 $0
2015 -- $68,120 $0 $0
2014 -- $58,980 $0 $0
2011 -- $58,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Dennis Scott

    Remerica United Realty

    Section Image
  • Noel Bittinger

    Buyer's Agent in 2016

    Noel Bittinger

    Bittinger Team, REALTORS

    (734) 255-0222

    3 in this area

    468 Total Sales

    Noel Bittinger
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 216053169

Realcomp

APN: 23-27-204-003

Michigan Oakland County Farmington 48336

24050 Colchester Dr, Farmington, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Nearby Homes