NOT LISTED FOR SALE

24480 Penrose Dr Farmington Hills, MI 48336

Estimated Value: $374,846 - $466,000

3 Beds
1 Bath
1,830 Sq Ft
$228/Sq Ft Est. Value

About This Home

This home is located at 24480 Penrose Dr, Farmington Hills, MI 48336 and is currently estimated at $416,962, approximately $227 per square foot. 24480 Penrose Dr is a home located in Oakland County with nearby schools including Beechview Elementary School, East Middle School, and Country Hills Montessori.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2025
Sold by
Meyer Carl and Meyer Eileen A
Bought by
Smith Elizabeth and Meyer Carl
Current Estimated Value
$416,962

Purchase Details

Closed on
Jul 20, 1998
Sold by
Paye James R
Bought by
Meyer Carl R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.06%
Mortgage Type
Purchase Money Mortgage
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.

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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.

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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.

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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.

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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
Smith Elizabeth -- None Listed On Document
Smith Elizabeth -- None Listed On Document
Meyer Carl R $207,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meyer Carl R $130,000
Source: Public Records

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 $3,692 $181,690 $26,730 $154,960
2022 $3,547 $151,890 $24,300 $127,590
2021 $4,047 $151,050 $24,300 $126,750
2020 $3,358 $134,840 $24,300 $110,540
2018 $4,428 $131,510 $0 $0
2015 -- $91,260 $0 $0
2014 -- $81,740 $0 $0
2011 -- $79,270 $0 $0
Source: Public Records

Map

Michigan Oakland County Farmington Hills 48336

24480 Penrose Dr, Farmington Hills, MI

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