NOT LISTED FOR SALE

25240 Franklin Park Dr Franklin, MI 48025

Estimated Value: $654,000 - $747,000

4 Beds
2.5 Baths
2,173 Sq Ft
$322/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $667,000 $307 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,394/month

9 Days on Market

Highlights

  • In Ground Pool
  • 3.49 Acre Lot
  • Ground Level Unit
  • Wylie E. Groves High School Rated A+
  • Colonial Architecture
  • No HOA

About This Home

As of July 2023

Welcome to one of the most sought after neighborhoods in Metro Detroit. This property consists of 3 lots for a total of 3.42 Acres. What a wonderful opportunity to build an estate size property in this beautiful location. The existing home could be renovated and expanded though it does need extensive remodeling. The list price is based on the value of the land and does not consider the existing structure in the list price. This property cannot be split and is being sold AS IS.
Included in the sale are the following parcels. ID # 24-05-327-005 Lot 52 ID # 24-05-327-006 Lot 47 ID # 24-05-327-007 Lot 48.

Last Agent to Sell the Property

Tom Hutt

RE/MAX Classic License #6502346728 Listed on: 06/18/2023

RE/MAX Classic

Last Buyer's Agent

Stephanie Beer

HM Homes-Signature Collection License #6501418527

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1941 | Remodeled in 2012

Lot Details

  • 3.49 Acre Lot
  • Lot Dimensions are 328 x 600
  • Irregular Lot

Parking

  • 2 Car Direct Access Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 2,173 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Partially Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • In Ground Pool
  • Ground Level Unit

Community Details

  • No Home Owners Association
  • Suprvr's Plat Of Franklin River Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2405327005

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,890

Year Built

Built in 1941 | Remodeled in 2012

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1941
  • State Equalized Value: 387240.0000
  • Year Renovated: 2012
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished, Walkout Access
  • Sq Ft Combined: 3073
  • Sq Ft Lower Floor: 900
  • Total Sq Ft: 2173
  • Sq Ft Total Bsmt: 1018

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Slab, Basement
  • Construction Materials: Brick
  • Exterior Features: Pool - Inground
  • Foundation Materials: Block
  • Frontage Feet: 328
  • Road Frontage Type: Paved
  • Sideof Street: NE

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Birmingham

Lot Info

  • Lot Features: Irregular
  • Lot Size Area: 3.49
  • Lot Dimensions: 328 X 600
  • Parcel Number: 2405327005

Tax Info

  • Tax Amount Summer: 7495.0000
  • Tax Amount Winter: 2395.0000
  • Total Tax: 9890.0000
  • Taxable Value: 210310.0000

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2023
Closed on
Jul 31, 2023
Sold by
Joseph Lawrence Ward Trust
Bought by
Eric J Frehsee Declaration Of Trust
Seller's Agent
Tom Hutt
RE/MAX Classic
Buyer's Agent
Stephanie Beer
HM Homes-Signature Collection
List Price
$650,000
Sold Price
$667,000
Premium/Discount to List
$17,000
2.62%
Views
217
Current Estimated Value
$699,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,000
Avg. Annual Appreciation
6.77%

Purchase Details

Closed on
Dec 14, 2006
Sold by
Ward Joseph Lawrence and Ward Joseph L
Bought by
Ward Joseph Lawrence and Joseph Lawrence Ward Trust
Source: Public Records

Range of Values:

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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
Eric J Frehsee Declaration Of Trust -- Ata National Title
Ward Joseph Lawrence -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $667,000 +2.6% $307 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
06/18/2023 06/18/23 For Sale $650,000 -- $299 / 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 $7,018 $191,300 $0 $0
2023 $8,044 $355,310 $0 $0
2022 $9,890 $387,240 $0 $0
2021 $9,516 $314,620 $0 $0
2020 $7,174 $308,870 $0 $0
2019 $7,675 $308,390 $0 $0
2018 $9,149 $304,770 $0 $0
2017 $9,115 $304,770 $0 $0
2016 $8,498 $302,710 $0 $0
2015 -- $280,140 $0 $0
2014 -- $259,670 $0 $0
2011 -- $255,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tom Hutt

    Seller's Agent in 2023

    Tom Hutt

    RE/MAX

    (248) 219-9993

    1 in this area

    124 Total Sales

    Tom Hutt
    Section Image

  • S

    Buyer's Agent in 2023

    Stephanie Beer

    HM Homes-Signature Collection

    Section Image
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Map

Source: Realcomp

MLS Number: 20230045712

Realcomp

APN: 24-05-327-005

Michigan Oakland County Franklin 48025

25240 Franklin Park Dr, Franklin, MI

This home is located at 25240 Franklin Park Dr, Franklin, MI 48025 since 18 June 2023 and is currently estimated at $699,000, approximately $321 per square foot. This property was built in 1941. 25240 Franklin Park 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.

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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