NOT LISTED FOR SALE

24950 Franklin Farms Dr Franklin, MI 48025

Estimated Value: $951,000 - $1,171,000

4 Beds
4.5 Baths
4,714 Sq Ft
$220/Sq Ft Est. Value

Last Sold May 02, 2017

Last sale price $625,000 $133 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $6,523/month

30 Days on Market

Highlights

  • Spa
  • Home fronts a creek
  • 1.87 Acre Lot
  • Wylie E. Groves High School Rated A+
  • Gated Community
  • Deck

About This Home

As of May 2017

ENJOY THE PRIVACY OF A GATED NEIGHBORHOOD IN THIS STUNNING ESTATE NESTLED & HIDDEN FROM VIEW ON ALMOST 2 ACRES BACKING TO FRANKLIN RIVER. THIS IS TRULY AN UP NORTH FEEL BUT ONLY A STONE'S THROW TO CITY LIVING. BE PREPARED TO BE AWED BY THE CONTIEMPORARY LAYOUT WHICH HAS BEEN BEAUTIFULLY RENOVATED AND ORIGINALLY DESIGNED TO TAKE FULL ADVANTAGE OF THE SPECTACULAR VIEWS. 3 LARGE SUITES WITH OWN BATHROOM, AND A MASTER RETREAT WITH BALCONY AND WIC! THE SEPARATE FOURTH BEDROOM ALSO HAS OWN BATHROOM. KITCHEN HAS GRANITE COUNTERS, SS APPLIANCES, PANTRY, DOUBLE OVEN GAS RANGE & COZY BREAKFAST NOOK. THE 21' FORMAL DINING ROOM WITH FIREPLACE LEADS TO GREAT ROOM WITH LARGE MOUTH STONE FIREPLACE AND TO LIVING ROOM WITH DOORWALL OPENING TO LARGE BALCONY OVERLOOKING WHAT NATURE HAS TO OFFER. A BONUS 50' ART STUDIO/WORKSHOP ATTACHED TO 4 CAR GARAGE, A WINE CELLAR, FINISHED WALKOUT WITH FIREPLACE, SPA ROOM WITH LARGE HOT TUB AND SAUNA. LOFT/OFFICE AREA & MORE COMPLETE THIS VINTAGE YET UPDATED BEAUT.

Last Agent to Sell the Property

Alexander Mansour

Realty Executives Home Towne License #6501375541 Listed on: 01/22/2017

Realty Executives Home Towne

Last Buyer's Agent

Alexander Mansour

Realty Executives Home Towne License #6501375541 Listed on: 01/22/2017

Realty Executives Home Towne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1941 | Remodeled in 2004

Lot Details

  • 1.87 Acre Lot
  • Lot Dimensions are 9x340
  • Home fronts a creek
  • Irregular Lot
  • Wooded Lot

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 4,714 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar Fridge
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Fireplace in Basement

Parking

  • 4 Car Direct Access Garage
  • Heated Garage
  • Workshop in Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 2405401021

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,702

Year Built

Built in 1941 | Remodeled in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Year Built: 1941
  • Year Renovated: 2004
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Jetted Tub, Security Alarm (owned), Water Softener (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Basement, Family Room
  • Room Count: 17
  • Total Bedrooms: 4
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 6502
  • Sq Ft Lower Floor: 1788
  • Total Sq Ft: 4714
  • Sq Ft Total Bsmt: 1788

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Stone, Wood
  • Exterior Features: Lighting, Spa/Hot-tub
  • Foundation Materials: Poured
  • Frontage Feet: 150
  • Porch Type: Balcony, Deck, Patio, Porch - Covered
  • Road Frontage Type: Paved
  • Waterfront Description: Creek

Garage/Parking

  • Garage Size: 4 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity, Heated, Workshop
  • Garage: Yes

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Baseboard, Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Birmingham

Lot Info

  • Homestead: Yes
  • List Price per Acre: 373689.8396
  • Lot Features: Gated Community, Irregular, Wooded
  • Lot Size Area: 1.87
  • Lot Dimensions: 9X340
  • Parcel Number: 2405401021

Tax Info

  • Tax Amount Summer: 9617.0000
  • Tax Amount Winter: 2085.0000
  • Total Tax: 11702.0000

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2018
Sold by
Apsey David John and Wierszewski Olga Saenz
Bought by
Wierszewski Olga Saenz
Current Estimated Value
$1,035,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jan 22, 2017
Closed on
May 2, 2017
Sold by
Apsey David J
Bought by
Apsey David J and Wierszewski Olga
Seller's Agent
Alexander Mansour
Realty Executives Home Towne
Buyer's Agent
Alexander Mansour
Realty Executives Home Towne
List Price
$698,800
Sold Price
$625,000
Premium/Discount to List
-$73,800
-10.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$424,100
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 5, 2016
Closed on
Aug 24, 2016
Sold by
The Keith W Pierce Revocable Trust and Pierce Harrison K C
Bought by
Nickola Michael W and Nickola Hanaa S
Seller's Agent
Jamey Kramer
RE/MAX Classic
Buyer's Agent
Jamey Kramer
RE/MAX Classic
List Price
$750,000
Sold Price
$380,000
Premium/Discount to List
-$370,000
-49.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
107.87%

Purchase Details

Closed on
Aug 23, 2006
Sold by
Pierce Keith
Bought by
Pierce Keith W and Keith W Pierce Revocable Trust

Purchase Details

Closed on
Apr 17, 2000
Sold by
Burger Helen E
Bought by
Pierce Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
8.24%
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
Wierszewski Olga Saenz -- None Available
Apsey David J -- None Available
Apsey David J $625,000 Cislo Title Co
Nickola Michael W -- Title One Inc
Pierce Keith W -- None Available
Pierce Keith $465,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wierszewski Olga Saenz $520,000
Closed Wierszewski Olga Saenz $174,000
Closed Apsey David J $424,100
Closed Apsey David J $424,100
Previous Owner Pierce Keith $180,900
Previous Owner Pierce Keith $588,000
Previous Owner Pierce Keith $372,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2017 05/02/17 Sold $625,000 -10.6% $133 / Sq Ft
02/21/2017 02/21/17 Pending -- -- --
01/22/2017 01/22/17 For Sale $698,800 +83.9% $148 / Sq Ft
08/26/2016 08/26/16 Sold $380,000 -49.3% $88 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
02/05/2016 02/05/16 For Sale $750,000 -- $174 / 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 $10,670 $398,380 $0 $0
2023 $10,117 $393,260 $0 $0
2022 $10,949 $373,230 $0 $0
2021 $10,903 $311,370 $0 $0
2020 $9,416 $310,790 $0 $0
2019 $8,725 $310,200 $0 $0
2018 $11,422 $440,490 $0 $0
2017 $19,144 $440,490 $0 $0
2016 $11,325 $434,880 $0 $0
2015 -- $414,080 $0 $0
2014 -- $367,630 $0 $0
2011 -- $319,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alexander Mansour

    Seller's Agent in 2017

    Alexander Mansour

    Realty Executives Home Towne

    (313) 622-9641

    51 Total Sales

    Alexander Mansour
    Section Image
  • Jamey Kramer

    Seller's Agent in 2016

    Jamey Kramer

    RE/MAX of Southeast Michigan

    (248) 348-7200

    1 in this area

    250 Total Sales

    Jamey Kramer
    Section Image
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Map

Source: Realcomp

MLS Number: 217005311

Realcomp

APN: 24-05-401-021

Michigan Oakland County Franklin 48025

24950 Franklin Farms Dr, Franklin, MI

This home is located at 24950 Franklin Farms Dr, Franklin, MI 48025 since 22 January 2017 and is currently estimated at $1,035,845, approximately $219 per square foot. This property was built in 1941. 24950 Franklin Farms Dr is a home located in Oakland County with nearby schools including Wylie E. Groves High School, West Maple Elementary School, and Berkshire Middle 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.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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