NOT LISTED FOR SALE

25445 Franklin Park Dr Franklin, MI 48025

Estimated Value: $1,779,000 - $2,276,000

3 Beds
3.5 Baths
5,352 Sq Ft
$365/Sq Ft Est. Value

Last Sold October 07, 2019

Last sale price $1,150,000 $215 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $12,245/month

246 Days on Market

Highlights

  • Home fronts a pond
  • 3.18 Acre Lot
  • Deck
  • Wylie E. Groves High School Rated A+
  • Fireplace in Primary Bedroom
  • Ranch Style House

About This Home

As of October 2019

Contemporary home set on 3 plus acres of manicured landscape with tranquil water feature in the Village of Franklin. Marble flooring leads to expansive living room with panoramic views of the water and grounds. Fireplace and bar for entertaining. Formal dining room and entry level library. Light and bright kitchen with Sub Zero refrigerator and stainless steel appliances. Family room and breakfast area with access to deck and outdoor spaces. Expansive master suite with wall of windows, sitting area and fireplace, private bathroom with shower and jacuzzi tub. Additional bedrooms follow. Spectacular setting offers multiple indoor and outdoor entertaining spaces with picturesque landscape.

Last Agent to Sell the Property

Katherine Broock

Max Broock, REALTORS®-Birmingham License #6501240456 Listed on: 10/16/2018

Max Broock, REALTORS®-Birmingham

Last Buyer's Agent

Carol Shapiro

Max Broock, REALTORS®-Bloomfield Hills License #6501223146

Max Broock, REALTORS®-Bloomfield Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1976

Lot Details

  • 3.18 Acre Lot
  • Home fronts a pond

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 5,352 Sq Ft Home
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association
  • Franklin Villas Sub Subdivision
  • Property is near a ravine

Listing and Financial Details

  • Assessor Parcel Number 2405304002

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,314

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Locations: Family Room, Living Room, Primary Bedroom
  • Room Count: 15
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, ENERGY STAR® qualified refrigerator, Microwave, Range/Stove, Trash Compactor, Washer
  • Sq Ft Combined: 5352
  • Total Sq Ft: 5352
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Porch Type: Deck
  • Road Frontage Type: Paved
  • Waterfront Description: Pond

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • 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: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Birmingham

Lot Info

  • Homestead: Yes
  • List Price per Acre: 374213.8365
  • Lot Features: Hilly-Ravine
  • Lot Size Area: 3.18
  • Lot Dimensions: IRREGULAR
  • Parcel Number: 2405304002

Tax Info

  • Tax Amount Summer: 14293.0000
  • Tax Amount Winter: 4021.0000
  • Total Tax: 18314.0000

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2018
Closed on
Oct 4, 2019
Sold by
Estate Of Benjamin Wesley Lockhart Jr
Bought by
Metzger Marc and Metzger Judy
Seller's Agent
Katherine Broock
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Carol Shapiro
Max Broock, REALTORS®-Bloomfield Hills
List Price
$1,349,000
Sold Price
$1,150,000
Premium/Discount to List
-$199,000
-14.75%
Current Estimated Value
$1,954,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$804,031
Avg. Annual Appreciation
7.42%
Original Mortgage
$484,000
Outstanding Balance
$334,368
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$1,428,434

Purchase Details

Listed on
Aug 1, 2016
Closed on
Oct 24, 2016
Sold by
The Ilene P Schwartz Revocable Trust
Bought by
Lockhart Benjamin W
Seller's Agent
Katherine Broock
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Pauline Condon
Century 21 Curran & Oberski
List Price
$1,090,000
Sold Price
$1,023,000
Premium/Discount to List
-$67,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.05%
Original Mortgage
$818,400
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2005
Sold by
Schwartz Ilene P
Bought by
Schwartz Ilene P and Ilene P Schwartz Revocable Trust
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
Metzger Marc $1,150,000 None Available
Lockhart Benjamin W $1,023,000 Title One Inc
Schwartz Ilene P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Metzger Marc $484,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2019 10/07/19 Sold $1,150,000 -3.4% $215 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
01/16/2019 01/16/19 Price Changed $1,190,000 -11.8% $222 / Sq Ft
10/16/2018 10/16/18 For Sale $1,349,000 +31.9% $252 / Sq Ft
10/24/2016 10/24/16 Sold $1,023,000 -6.1% $191 / Sq Ft
08/15/2016 08/15/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $1,090,000 -- $204 / 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 $23,108 $838,140 $0 $0
2023 $21,910 $823,620 $0 $0
2022 $23,710 $816,420 $0 $0
2021 $23,611 $801,010 $0 $0
2020 $20,180 $666,040 $0 $0
2019 $18,114 $643,980 $0 $0
2018 $24,427 $624,930 $0 $0
2017 $24,141 $624,930 $0 $0
2016 $21,004 $595,980 $0 $0
2015 -- $574,110 $0 $0
2014 -- $536,430 $0 $0
2011 -- $475,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katherine Broock

    Seller's Agent in 2019

    Katherine Broock

    Max Broock, REALTORS®-Birmingham

    (248) 318-4504

    8 in this area

    545 Total Sales

    Katherine Broock
    Section Image

  • C

    Buyer's Agent in 2019

    Carol Shapiro

    Max Broock, REALTORS®-Bloomfield Hills

    (248) 644-4700

    27 Total Sales

    Carol Shapiro
    Section Image

  • P

    Buyer's Agent in 2016

    Pauline Condon

    Century 21 Curran & Oberski

    Section Image
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Map

Source: Realcomp

MLS Number: 218098783

Realcomp

APN: 24-05-304-002

Michigan Oakland County Franklin 48025

25445 Franklin Park Dr, Franklin, MI

This home is located at 25445 Franklin Park Dr, Franklin, MI 48025 since 16 October 2018 and is currently estimated at $1,954,031, approximately $365 per square foot. This property was built in 1976. 25445 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
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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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