NOT LISTED FOR SALE

25905 Balsam Rd Franklin, MI 48025

Estimated Value: $991,826 - $1,094,000

3 Beds
3.5 Baths
3,285 Sq Ft
$319/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $875,000 $266 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,693/month

79 Days on Market

Highlights

  • Built-In Refrigerator
  • 2.51 Acre Lot
  • Wooded Lot
  • Wylie E. Groves High School Rated A+
  • Contemporary Architecture
  • Pole Barn

About This Home

As of September 2022

Enjoy Luxury & Leisure in a prestigious & private setting in Franklin. This custom build home on 2.51 acres is an exclusive retreat! The home offers a contemporary style with thoughtful open floor plan architecture and modern interior design and classic finishes. Enter the grand foyer and immediately see breath-taking views of the gardens & grounds. A stream awaits in the back acreage, along with a barn, baseball hitting area, and a 110-yard Par 4 golf hole. Entertain in the spacious gourmet kitchen w/ vaulted ceiling & skylights, or spill outdoors onto the deck or into the lovely cedar Gazebo. From the Great Room, a stairwell leads to 2 loft areas & newly renovated full bath. In the master, enjoy a doorwall to the back w/ stunning views, a spacious master bath with Jacuzzi tub, fireplace, & imported marble floors. New mechanicals with many high-tech features. Think expansion as the basement is plumbed for a full bath & the loft & lower level are perfect for more bedrooms/offices!

Last Agent to Sell the Property

Christine Lynn

The Agency Hall & Hunter License #6501379983 Listed on: 05/27/2022

The Agency Hall & Hunter

Last Buyer's Agent

David Bajoka

Bajoka Property Group, LLC License #6502374653

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1995 | Remodeled in 2010

Lot Details

  • 2.51 Acre Lot
  • Home fronts a stream
  • Wooded Lot

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Poured Concrete
  • Asphalt Roof
  • Cedar
  • Vinyl Construction Material

Interior Spaces

  • 3,285 Sq Ft Home
  • 1.5-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Security System Owned

Kitchen

  • Built-In Electric Oven
  • Electric Cooktop
  • Microwave
  • Built-In Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Crawl Space
  • Natural lighting in basement

Parking

  • 2.5 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Pole Barn

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Whole House Permanent Generator
  • Natural Gas Water Heater
  • Water Softener is Owned

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 2407276003
  • $13,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,266

Year Built

Built in 1995 | Remodeled in 2010

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: 1 1/2 Story
  • Year Built: 1995
  • State Equalized Value: 416400.0000
  • Year Renovated: 2010
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Central Vacuum, Humidifier, Security Alarm (owned), Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 13
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Finished
  • Kitchen Appliances: Built-In Electric Oven, Built-In Refrigerator, Dishwasher, Dryer, Electric Cooktop, Microwave, Washer
  • Sq Ft Combined: 4019
  • Sq Ft Lower Floor: 734
  • Total Sq Ft: 3285
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl, Basement
  • Construction Materials: Brick, Cedar, Vinyl
  • Exclusions: Yes
  • Exterior Features: Whole House Generator, Lighting
  • Foundation Materials: Block, Poured
  • Frontage Feet: 167
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved
  • Waterfront Description: Stream

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: 2+ Assigned Spaces, Direct Access, Electricity, Door Opener, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Birmingham

Lot Info

  • Homestead: Yes
  • Lot Features: Wooded
  • Lot Size Area: 2.51
  • Lot Dimensions: Irregular
  • Parcel Number: 2407276003

Tax Info

  • Tax Amount Summer: 6979.0000
  • Tax Amount Winter: 1287.0000
  • Total Tax: 8266.0000
  • Taxable Value: 236060.0000

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Sep 9, 2022
Sold by
Wagnitz John N and Fam Juditha
Bought by
Levitin Ronald and Levitin Maria A
Seller's Agent
Christine Lynn
The Agency Hall & Hunter
Buyer's Agent
David Bajoka
Bajoka Property Group, LLC
List Price
$940,000
Sold Price
$875,000
Premium/Discount to List
-$65,000
-6.91%
Views
2
Current Estimated Value
$1,048,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,207
Avg. Annual Appreciation
6.10%
Original Mortgage
$875,000
Outstanding Balance
$836,933
Interest Rate
5.22%
Mortgage Type
Balloon
Estimated Equity
$211,274

Purchase Details

Closed on
Feb 12, 2012
Sold by
Wagnitz John N and Sulivan Judith A
Bought by
Wagnitz John N and Sulivan Judith A
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
Levitin Ronald $875,000 --
Wagnitz John N -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold $875,000 -2.7% $266 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
07/26/2022 07/26/22 Price Changed $899,000 -4.4% $274 / Sq Ft
05/27/2022 05/27/22 For Sale $940,000 -- $286 / 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 $13,632 $453,020 $0 $0
2023 $13,001 $433,980 $0 $0
2022 $8,300 $422,230 $0 $0
2021 $8,266 $416,400 $0 $0
2020 $7,054 $400,050 $0 $0
2019 $6,426 $384,100 $0 $0
2018 $8,330 $356,360 $0 $0
2017 $8,442 $356,360 $0 $0
2016 $7,794 $342,410 $0 $0
2015 -- $328,000 $0 $0
2014 -- $277,900 $0 $0
2011 -- $290,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220038549

Realcomp

APN: 24-07-276-003