$625,000
SOLD MAR 20, 2020

27360 W 14 Mile Rd Franklin, MI 48025

3.7 Acres
$168,919 Price per Acre
161,172 Sq Ft Lot

Recently Sold

$215 Per Sq Ft

11% Below List Price

21 Days on Market

Highlights

  • 220 Feet of Waterfront
  • 3.7 Acre Lot
  • Shed
  • Wylie E. Groves High School Rated A+
  • Wooded Lot

About This Lot

As of October 2024

Building your dream home on this deep, lush, inviting 3+ acre lot backing up to the Rouge River. Enjoy breathtaking views from every direction, surrounded by multi-million dollar homes and a quick walk to charming downtown Franklin. Lot includes Property ID 2301227004 (additional 13,108 sq ft). Birmingham Schools makes this location perfect for any family. This is a "don't miss" opportunity! ALSO LISTED AS RESIDENTIAL, SEE MLS #2200003784

Last Agent to Sell the Property

Meg Stenger

KW Domain License #6501398202 Listed on: 01/22/2020

KW Domain

Last Buyer's Agent

Emily Ewing

Two Doors Realty License #6501390139

Two Doors Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 3.7 Acre Lot
  • Lot Dimensions are 389x622x557x260
  • 220 Feet of Waterfront
  • River Front
  • Irregular Lot
  • Sprinkler System
  • Wooded Lot

Listing and Financial Details

  • Assessor Parcel Number 2406101001

Community Details

Overview

  • Property is near a ravine

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$7,064

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 284090.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Rouge River
  • Waterfront: Yes
  • Frontage Feet: 389
  • Road Frontage Type: Gravel
  • Water Frontage Feet: 220.00
  • Waterfront Description: River Front

Utilities

  • Sewer: Septic Tank (Existing)
  • Water Source: Well (Existing)
  • High Speed Internet: Yes

Schools

  • School District: Birmingham

Lot Info

  • List Price per Acre: 189162.1622
  • Lot Features: Hilly-Ravine, Irregular, Sprinkler(s), Wooded
  • Lot Size Area: 3.70
  • Lot Dimensions: 389x622x557x260
  • Parcel Number: 2406101001
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 4722.0000
  • Tax Amount Winter: 2342.0000
  • Total Tax: 7064.0000
  • Taxable Value: 212480.0000

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2024
Closed on
Oct 31, 2024
Sold by
Giesbrecht Eileen Marie and Harryvan Daan M
Bought by
Wagner Daden and Wagner Lesley
Seller's Agent
Ilene Mitz
Real Estate One-WB/FH
Buyer's Agent
Christina Gennari
KW Domain
List Price
$1,100,000
Sold Price
$1,025,000
Premium/Discount to List
-$75,000
-6.82%
Views
83
Current Estimated Value
$962,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$62,605
Avg. Annual Appreciation
-6.65%
Original Mortgage
$802,500
Outstanding Balance
$798,556
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$172,869

Purchase Details

Listed on
Jan 22, 2020
Closed on
Mar 20, 2020
Sold by
Marderosian Harold R and Marderosian Marlowe R
Bought by
Harryvan Daan and Harryvan Eileen
Seller's Agent
Meg Stenger
KW Domain
Buyer's Agent
Emily Ewing
Two Doors Realty
List Price
$699,900
Sold Price
$625,000
Premium/Discount to List
-$74,900
-10.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.30%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $1,025,000 Capital Title
Warranty Deed $1,025,000 Capital Title
Warranty Deed $625,000 Title One Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $802,500 New Conventional
Closed $802,500 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $200,000 New Conventional
Previous Owner $274,000 New Conventional
Previous Owner $278,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $1,025,000 -6.8% $343 / Sq Ft
10/11/2024 10/11/24 Pending -- -- --
09/08/2024 09/08/24 For Sale $1,100,000 +57.2% $368 / Sq Ft
03/23/2020 03/23/20 Price Changed $699,900 +12.0% $241 / Sq Ft
03/20/2020 03/20/20 Sold $625,000 -10.7% $215 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $699,900 -- $241 / 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 $7,443 $386,250 $0 $0
2023 $7,143 $367,680 $0 $0
2022 $10,332 $349,220 $0 $0
2021 $10,022 $310,860 $0 $0
2020 $4,793 $292,060 $0 $0
2019 $7,040 $284,090 $0 $0
2018 $6,982 $271,950 $0 $0
2017 $6,975 $271,950 $0 $0
2016 $6,989 $271,410 $0 $0
2015 -- $263,170 $0 $0
2014 -- $223,300 $0 $0
2011 -- $254,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2200005683

Realcomp

APN: 24-06-101-001