NOT LISTED FOR SALE

24528 Martel Dr Unit 50 Farmington Hills, MI 48335

Estimated Value: $353,000 - $376,000

3 Beds
3 Baths
2,181 Sq Ft
$330/mo HOA Fee

Last Sold August 27, 2021

Last sale price $288,000 $132 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,699/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Porch
  • Hillside Elementary School Rated A-
  • 2 Car Direct Access Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2021

WELL PRICED CONDO IN CENTRAL LOCATION. FIRST FLOOR MASTER WITH AN ADDITIONAL DEN/OFFICE. ANOTHER FULL BATH AND LAUNDRY ROOM ON MAIN FLOOR. PRICE IS REFLECTIVE OF NEED FOR NEW CARPETING AND SOME FOGGED GLASS REPLACEMENT IN CONDO. HARD TO FIND 3 BEDROOM AND 3 FULL BATH CONDO. ALL APPLIANCES IN THE CONDO ARE INCLUDED.

Last Agent to Sell the Property

Patti Mullen

Remerica Hometown One License #6501277402 Listed on: 08/05/2021

Last Buyer's Agent

Randal Goodson

Real Estate One-Northville License #6501192974

Real Estate One-Northville

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1989

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,181 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Great Room with Fireplace
  • Unfinished Basement

Kitchen

  • Free-Standing Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Private Entrance
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 2320376055
  • $1,500 Seller Concession

Community Details

Overview

  • Chelsea Evasic / Johnpcarrollco.Com Association, Phone Number (248) 888-5050
  • Drakes Crossing Condo Occpn 568 Subdivision

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,175

Year Built

Built in 1989

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: (In Winter Tax Bill - 2020 Amount: $47.22 - Recycling)
  • Year Built: 1989
  • State Equalized Value: 132130.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Electric Oven, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 2181
  • Total Sq Ft: 2181
  • Sq Ft Total Bsmt: 1387

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Vinyl
  • Exterior Features: Private Entry
  • Foundation Materials: Poured
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Structure, Maintenance Grounds, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: 2488885050x234
  • Association Fee: 330
  • Association Contact: Chelsea Evasic / JohnPCarrollco.com
  • Association Fee: Yes

Schools

  • School District: Farmington

Lot Info

  • Parcel Number: 2320376055

Tax Info

  • Tax Amount Summer: 3182.0000
  • Tax Amount Winter: 993.0000
  • Total Tax: 4175.0000
  • Taxable Value: 73050.0000

MLS Schools

  • School District: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Aug 27, 2021
Sold by
Flaggman Debra and Watson Laura E
Bought by
Bhatt Valbhav
Seller's Agent
Patti Mullen
Remerica Hometown One
Buyer's Agent
Randal Goodson
Real Estate One-Northville
List Price
$285,000
Sold Price
$288,000
Premium/Discount to List
$3,000
1.05%
Current Estimated Value
$365,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,435
Avg. Annual Appreciation
6.45%
Original Mortgage
$201,600
Outstanding Balance
$159,042
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$212,438

Purchase Details

Closed on
Dec 30, 1997
Sold by
Moffat Helen L
Bought by
Helen L Moffat Tr
Source: Public Records

Range of Values:

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Average Value
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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
Bhatt Valbhav $288,000 Hometown One Title Agcy Llc
Bhatt Valbhav $288,000 Hometown One Title Agcy Llc
Helen L Moffat Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhatt Valbhav $201,600
Closed Bhatt Valbhav $201,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $288,000 +1.1% $132 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $285,000 -- $131 / 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 $5,265 $151,170 $35,000 $116,170
2022 $5,059 $131,740 $20,000 $111,740
2021 $3,730 $132,130 $20,000 $112,130
2020 $3,154 $124,340 $20,000 $104,340
2018 $3,815 $111,020 $0 $0
2015 -- $91,900 $0 $0
2014 -- $76,430 $0 $0
2011 -- $64,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patti Mullen

    Seller's Agent in 2021

    Patti Mullen

    Remerica Hometown One

    (248) 775-5303

    8 in this area

    153 Total Sales

    Patti Mullen
    Section Image
  • Randal Goodson

    Buyer's Agent in 2021

    Randal Goodson

    Real Estate One

    (248) 305-1900

    38 in this area

    94 Total Sales

    Randal Goodson
    Section Image
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Map

Source: Realcomp

MLS Number: 2210062920

Realcomp

APN: 23-20-376-055

Michigan Oakland County Farmington Hills 48335

24528 Martel Dr Unit 50, Farmington Hills, MI

This home is located at 24528 Martel Dr Unit 50, Farmington Hills, MI 48335 since 05 August 2021 and is currently estimated at $365,435, approximately $167 per square foot. This property was built in 1989. 24528 Martel Dr Unit 50 is a home located in Oakland County with nearby schools including Hillside Elementary School, Power Middle School, and Farmington High School.

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

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