24550 Power Rd Farmington, MI 48336
Estimated Value: $397,591 - $457,000
3
Beds
2
Baths
1,837
Sq Ft
$231/Sq Ft
Est. Value
About This Home
This home is located at 24550 Power Rd, Farmington, MI 48336 and is currently estimated at $424,398, approximately $231 per square foot. 24550 Power Rd is a home located in Oakland County with nearby schools including Hillside Elementary School, Power Middle School, and Farmington High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 10, 2002
Sold by
Albert J Shobe Tr
Bought by
Steinke Gordon R
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$93,812
Interest Rate
7.07%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$330,586
Purchase Details
Closed on
Apr 20, 1999
Sold by
Shobe Albert J
Bought by
Albert J Shobe Tr
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Steinke Gordon R | $275,000 | -- | |
| Albert J Shobe Tr | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Steinke Gordon R | $220,000 |
Source: Public Records
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 | $4,084 | $173,190 | $24,750 | $148,440 |
| 2022 | $3,924 | $166,240 | $22,500 | $143,740 |
| 2021 | $4,470 | $144,640 | $22,500 | $122,140 |
| 2020 | $3,715 | $141,940 | $22,500 | $119,440 |
| 2018 | $4,198 | $134,440 | $0 | $0 |
| 2015 | -- | $101,630 | $0 | $0 |
| 2014 | -- | $88,500 | $0 | $0 |
| 2011 | -- | $85,400 | $0 | $0 |
Source: Public Records
Map
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