NOT LISTED FOR SALE

24924 Riverwood Dr Franklin, MI 48025

Franklin Area

Estimated Value: $914,000 - $944,398

2.19 Acres
$424,361 Price per Acre
95,396 Sq Ft Lot

Sale Details

Date Sold: March 25, 2026

Last sale price $926,500 $426 Per Sq Ft

Current estimated payment $5,845 / mo

45 Days on Market

Highlights

  • 380 Feet of Waterfront
  • 2.19 Acre Lot
  • Wooded Lot
  • Wylie E. Groves High School Rated A+
  • Hilly Lot
  • Corner Lot

About This Lot

As of March 2026

380 feet of frontage on the Rouge River - Incredible views - rare opportunity to build your dream home on this gorgeous lot. Existing 2177 sf home is fully renovated with brand new driveway, 8ft ceiling height in existing basement, garage with epoxy floor, newer HVAC, etc. etc., could easily be lived in prior to building or would make a great addition or guest cottage. Survey and complete list of home improvements in additional documents. See Residential Listing MLS# 20261004124

Last Agent to Sell the Property

Madelon Ward

KW Domain License #6502406428 Listed on: 01/20/2026

KW Domain

Co-Listed By

Ashley Csaki

KW Domain License #6501403259

Last Buyer's Agent

Tanya Biernat

Real Estate One-Rochester License #6501407891

Real Estate One-Rochester

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 2.19 Acre Lot
  • 380 Feet of Waterfront
  • River Front
  • Street terminates at a dead end
  • Native Plants
  • Corner Lot
  • Hilly Lot
  • Wooded Lot

Parking

  • Garage

Property Views

  • Water Views

Utilities

  • Underground Utilities
  • Well
  • High Speed Internet

Community Details

  • Suprvrs Of Riverwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2405402012

Property Details

Property Type

Land

Est. Annual Taxes

$13,370

Lot Details

2.19 Acres

Listing Details

  • Property Type: Land
  • Current Use: Residential
  • State Equalized Value: 335970.00
  • Property Sub Type: ImprovedLand
  • LotSizeAcres: 2.19
  • Water Body Name: Rouge River
  • Co List Office Mls Id: 391898
  • Co List Office Phone: 2485900800
  • Co List Office Mls Id: 391898
  • ClassName: Land
  • ThirdPartyApprovalRequiredYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: No

Exterior Features

  • Waterfront: Yes
  • Road Frontage Type: Paved
  • Sideof Street: W
  • Water Frontage Feet: 380.00

Garage/Parking

  • Garage: Yes

Utilities

  • Sewer: PublicSewer
  • Water Source: Well
  • Utilities: UndergroundUtilities

Schools

  • Junior High Dist: Birmingham

Lot Info

  • Lot Features: CornerLot, DeadEndStreet, HillyRavine, HighSpeedInternetAvailable, WaterView, PossibleBasement, PossibleDaylight, NativePlants, PossibleWalkout, ResidentialStructureonProperty, Wooded
  • Lot Dimensions: Irregular
  • Parcel Number: 2405402012
  • Irrigation: No
  • Zoning Description: Residential

Tax Info

  • Tax Amount Summer: 10139.00
  • Tax Amount Winter: 3231.00
  • Tax Annual Amount: 13370.00

Multi Family

  • Waterfront Features: RiverFront

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2026
Closed on
Mar 24, 2026
Sold by
Lemos Stephen and Lemos Heather J
Bought by
Seller's Agent
Madelon Ward
KW Domain
Buyer's Agent
Tanya Biernat
Real Estate One-Rochester
List Price
$999,000
Sold Price
$926,500
Premium/Discount to List
-$72,500
-7.26%
Views
223
Current Estimated Value
$929,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,850
Avg. Annual Appreciation
0.67%

Purchase Details

Listed on
Dec 7, 2020
Closed on
Dec 21, 2020
Sold by
Edwards Kevin S and Shoe Glen Trust
Bought by
Lemos Stephen E and Lemos Heather J
Seller's Agent
Tim Gilson
Good Company
Buyer's Agent
Madelon Ward
KW Domain
List Price
$399,000
Sold Price
$520,000
Premium/Discount to List
$121,000
30.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.61%

Purchase Details

Closed on
Aug 12, 1999
Sold by
Margaret S Tibbetts Tr
Bought by
Feinbloom David P

Purchase Details

Closed on
Dec 1, 1988
Sold by
French Jane Shoemaker
Bought by
French Janes Shoemaker and Shoe Glen Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Franklin, MI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$926,500 None Listed On Document
Lemos Stephen E $520,000 None Available
Feinbloom David P $425,000 --
French Janes Shoemaker -- Philip F Greco Title Company
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2026 03/25/26 Sold $926,500 -7.3% $426 / Sq Ft
03/06/2026 03/06/26 Pending -- -- --
01/20/2026 01/20/26 For Sale $999,000 +92.1% $459 / Sq Ft
12/21/2020 12/21/20 Sold $520,000 +30.3% $239 / Sq Ft View Prior Sale
12/14/2020 12/14/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $399,000 -- $183 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $8,619 $357,090 $0 $0
2024 $10,139 $335,970 $0 $0
2023 $9,582 $300,280 $0 $0
2022 $11,781 $305,900 $0 $0
2021 $11,335 $242,520 $0 $0
2020 $6,076 $239,530 $0 $0
2019 $5,536 $239,570 $0 $0
2018 $7,175 $234,610 $0 $0
2017 $7,272 $234,610 $0 $0
2016 $6,713 $233,330 $0 $0
2015 -- $214,590 $0 $0
2014 -- $200,370 $0 $0
2011 -- $195,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20261004131

Realcomp

APN: 24-05-402-012

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