$1,825,000
SOLD JUN 14, 2023

25450 Franklin Park Dr Franklin, MI 48025

4 Beds
7 Baths
6,142 Sq Ft
2.4 Acres

Recently Sold

$297 Per Sq Ft

9% Below List Price

38 Days on Market

Highlights

  • Built-In Freezer
  • 2.4 Acre Lot
  • Fireplace in Primary Bedroom
  • Wylie E. Groves High School Rated A+
  • Colonial Architecture
  • Jetted Tub in Primary Bathroom

About This Home

As of June 2023

Majestic Franklin Village Estate, extensively updated and privately nestled on 2.4 gorgeous acres.Right:The entry level offers a gracious foyer and generous room sizes including an expansive formal living room with floor to ceiling bayed window and fireplace. Stunning formal dining room with statement chandelier, upholstered walls and built-in buffets. Handsome, paneled library with coffered ceiling, built-in partners desk, bookcases and cabinetry. The kitchen is an entertainer's dream with expansive island, professional appliances and spacious breakfast area. Inviting family room with fieldstone fireplace. Outstanding mud area with bath and large closet. Enjoy the convenience of front and back hall staircases and an elevator to all levels.  Beautifully appointed primary suite with fireplaced sitting area and luxurious spa-like bath with heated floors. Three additional spacious en-suites bedrooms plus a large laundry room occupy the upper level of the home. The finished walk-out lower level boasts a large movie theater, bar with counter seating, half bath, and second family room with fireplace. Full house generator, 4-car heated garage.

Last Agent to Sell the Property

Meredith Colburn

The Agency Hall & Hunter License #6501264181 Listed on: 03/19/2023

The Agency Hall & Hunter

Last Buyer's Agent

Gregory Ciupek

Integrity R E Solutions PLLC License #6502390877

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1988 | Remodeled in 2003

Lot Details

  • 2.4 Acre Lot
  • Corner Lot
  • Irregular Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 6,142 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Sound System
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace

Kitchen

  • Double Oven
  • Gas Cooktop
  • Built-In Freezer
  • Built-In Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Sump Pump
  • Fireplace in Basement

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors

Parking

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

Outdoor Features

  • Patio
  • Terrace
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Humidifier
  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2405301005

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,258

Year Built

Built in 1988 | Remodeled in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1988
  • State Equalized Value: 925290.0000
  • Year Renovated: 2003
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarm, Carbon Monoxide Alarm(s), Central Vacuum, Elevator/Lift, Humidifier, Jetted Tub, Programmable Thermostat, Security Alarm (owned), Sound System, Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement, Family Room, Living Room, Primary Bedroom
  • Room Count: 21
  • Total Bedrooms: 4
  • Total Bathrooms: 4.30
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Basement: Yes
  • Basement Type: Finished, Walk-Out Access
  • Kitchen Appliances: Vented Exhaust Fan, Built-In Freezer, Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Dryer, Gas Cooktop, Stainless Steel Appliance(s), Trash Compactor, Washer
  • Sq Ft Combined: 8642
  • Sq Ft Lower Floor: 2500
  • Total Sq Ft: 6142
  • Sq Ft Total Bsmt: 2784

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: BBQ Grill, Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 504
  • Porch Type: Patio, Terrace
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air, Zoned
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Birmingham

Lot Info

  • Homestead: Yes
  • Lot Features: Corner Lot, Irregular
  • Lot Size Area: 2.40
  • Lot Dimensions: IRR
  • Parcel Number: 2405301005

Tax Info

  • Tax Amount Summer: 21606.0000
  • Tax Amount Winter: 3652.0000
  • Total Tax: 25258.0000
  • Taxable Value: 741990.0000

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2023
Closed on
Jun 14, 2023
Sold by
Dimon Cain E
Bought by
Park Lane Ii Llc
Seller's Agent
Meredith Colburn
The Agency Hall & Hunter
Buyer's Agent
Gregory Ciupek
Integrity R E Solutions PLLC
List Price
$1,995,000
Sold Price
$1,825,000
Premium/Discount to List
-$170,000
-8.52%
Views
239
Current Estimated Value
$1,987,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,643
Avg. Annual Appreciation
4.01%

Purchase Details

Listed on
Mar 14, 2012
Closed on
Oct 30, 2012
Sold by
Milen Bruce C and Milen Miriam B
Bought by
Dimon Cain E and Dimon Karin S
Seller's Agent
Cindy Obron Kahn
The Agency Hall & Hunter
Buyer's Agent
Michelle Yurich
Signature Sotheby's International Realty Bham
List Price
$1,499,000
Sold Price
$1,350,000
Premium/Discount to List
-$149,000
-9.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.88%
Original Mortgage
$1,080,000
Interest Rate
2.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,825,000 Devon Title
Warranty Deed -- Interstate Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,325,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,080,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2023 06/14/23 Sold $1,825,000 -8.5% $297 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
03/19/2023 03/19/23 For Sale $1,995,000 +47.8% $325 / Sq Ft
10/30/2012 10/30/12 Sold $1,350,000 -9.9% $220 / Sq Ft
09/05/2012 09/05/12 Pending -- -- --
03/14/2012 03/14/12 For Sale $1,499,000 -- $244 / 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 $35,372 $964,110 $0 $0
2023 $23,340 $954,700 $0 $0
2022 $25,258 $925,290 $0 $0
2021 $25,152 $935,120 $0 $0
2020 $21,463 $932,500 $0 $0
2019 $27,078 $898,410 $0 $0
2018 $32,277 $826,370 $0 $0
2017 $32,154 $826,370 $0 $0
2016 $29,977 $782,180 $0 $0
2015 -- $762,000 $0 $0
2014 -- $705,340 $0 $0
2011 -- $549,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Meredith Colburn

    Seller's Agent in 2023

    Meredith Colburn

    The Agency Hall & Hunter

    (248) 762-5319

    8 in this area

    244 Total Sales

    Meredith Colburn
    Section Image
  • Gregory Ciupek

    Buyer's Agent in 2023

    Gregory Ciupek

    Integrity R E Solutions PLLC

    (586) 315-0010

    1 in this area

    9 Total Sales

    Gregory Ciupek
    Section Image
  • Cindy Obron Kahn

    Seller's Agent in 2012

    Cindy Obron Kahn

    The Agency Hall & Hunter

    (248) 568-7309

    13 in this area

    218 Total Sales

    Cindy Obron Kahn
    Section Image

  • S

    Seller Co-Listing Agent in 2012

    Susan Sillman

    Signature Sotheby's International Realty Bham

  • Michelle Yurich

    Buyer's Agent in 2012

    Michelle Yurich

    Signature Sotheby's International Realty Bham

    (248) 346-6381

    56 Total Sales

    Michelle Yurich
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230018204

Realcomp

APN: 24-05-301-005

Michigan Oakland County Franklin 48025

25450 Franklin Park Dr, Franklin, MI

This home is located at 25450 Franklin Park Dr, Franklin, MI 48025 and is currently priced at $1,825,000, approximately $297 per square foot. This property was built in 1988. 25450 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.

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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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