NOT LISTED FOR SALE

25870 Franklin Park Ct Franklin, MI 48025

Estimated Value: $1,689,000 - $3,580,000

1.92 Acres
$1,381,097 Price per Acre
83,635 Sq Ft Lot

Last Sold May 11, 2012

Last sale price $580,000

Est. 357% increase in value since last sale

Current estimated payment $17,502/month

626 Days on Market

Highlights

  • 1.92 Acre Lot
  • Wylie E. Groves High School Rated A+
  • Wooded Lot

About This Lot

As of May 2012

GORGEOUS FRANKLIN SITE WITH PRIVATE CUL DE SAC LOCATION. WOODED RAVINE SETTING SURROUNDED BY MULTI-MILLION DOLLAR HOMES. CONTACT LISTOR FOR AVAILABLE SURVEY.

Last Agent to Sell the Property

Meredith Colburn

The Agency Hall & Hunter License #6501264181 Listed on: 08/20/2010

The Agency Hall & Hunter

Last Buyer's Agent

Meredith Colburn

The Agency Hall & Hunter License #6501264181 Listed on: 08/20/2010

The Agency Hall & Hunter

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 1.92 Acre Lot
  • Property fronts a private road
  • Irregular Lot
  • Wooded Lot

Utilities

  • Sewer in Street

Community Details

  • Supervisor's Plat No 8 Franklin Vlg Subdivision
  • Property is near a ravine

Listing and Financial Details

  • Assessor Parcel Number 2406280018

Property Details

Property Type

Land

Est. Annual Taxes

$3,740

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • Assessment: 799
  • State Equalized Value: 129000.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Paved, Private

Utilities

  • Sewer: Sewer at Street
  • Water Source: Well (Existing)

Schools

  • School District: Birmingham

Lot Info

  • List Price per Acre: 311979.0000
  • Lot Features: Hilly-Ravine, Irregular, Wooded
  • Lot Size Area: 1.92
  • Lot Dimensions: 1.92 ACRES
  • Parcel Number: 2406280018
  • Zoning: Residential
  • Irrigation: Yes
  • Mineral Rights: Yes
  • PERK: Yes
  • Survey: Yes

Tax Info

  • Tax Amount Summer: 2679.0000
  • Tax Amount Winter: 1061.0000
  • Total Tax: 3740.0000

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2010
Closed on
May 11, 2012
Sold by
Franklin Park Ct Associates Llc
Bought by
Stern Scott and Stern Lisa
Seller's Agent
Meredith Colburn
The Agency Hall & Hunter
Buyer's Agent
Meredith Colburn
Hall & Hunter-Birmingham
List Price
$599,000
Sold Price
$580,000
Premium/Discount to List
-$19,000
-3.17%
Current Estimated Value
$2,651,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,071,706
Avg. Annual Appreciation
10.57%

Purchase Details

Closed on
Aug 18, 2008
Sold by
Rosenthal Steven and Rosenthal Deborah
Bought by
Franklin Park Ct Associates Llc

Purchase Details

Closed on
Jul 1, 2005
Sold by
Braun Robert C and Braun Karen G
Bought by
Rosenthal Steven and Rosenthal Deborah

Purchase Details

Closed on
Apr 6, 2004
Sold by
Gluklick Edward and Gluklick Shirley J
Bought by
Braun Robert C and Braun Karen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.48%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 22, 2004
Sold by
Braun Robert C and Braun Karen G
Bought by
Gluklick Edward and Gluklick Shirley L

Purchase Details

Closed on
Feb 6, 2001
Sold by
Village Of Franklin
Bought by
Braun Robert

Purchase Details

Closed on
Jul 19, 2000
Sold by
Stein Janet M
Bought by
Braun Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
8.24%
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
Stern Scott -- Title Source
Franklin Park Ct Associates Llc -- Title Source Inc
Rosenthal Steven -- Philip R Seaver Title Co Inc
Braun Robert C $700,000 --
Gluklick Edward -- --
Braun Robert -- --
Braun Robert C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Braun Robert C $416,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2012 05/11/12 Sold $580,000 -3.2% --
05/07/2012 05/07/12 Pending -- -- --
08/20/2010 08/20/10 For Sale $599,000 -- --
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 $41,993 $1,395,500 $0 $0
2023 $40,442 $1,377,180 $0 $0
2022 $43,765 $1,332,470 $0 $0
2021 $43,582 $1,378,970 $0 $0
2020 $37,188 $1,341,880 $0 $0
2019 $33,881 $1,285,570 $0 $0
2018 $44,026 $1,224,990 $0 $0
2017 $44,505 $1,224,990 $0 $0
2016 $41,088 $1,152,270 $0 $0
2015 -- $913,460 $0 $0
2014 -- $101,330 $0 $0
2011 -- $98,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 210097424

Realcomp

APN: 24-06-280-018