NOT LISTED FOR SALE

27860 Palmer Ln Madison Heights, MI 48071

Estimated Value: $246,000 - $268,000

3 Beds
2 Baths
1,026 Sq Ft
$247/Sq Ft Est. Value

About This Home

This home is located at 27860 Palmer Ln, Madison Heights, MI 48071 and is currently estimated at $253,903, approximately $247 per square foot. 27860 Palmer Ln is a home located in Oakland County with nearby schools including Madison High School, Four Corners Montessori Academy, and Keys Grace Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2025
Sold by
Schultz Revocable Trust and Schultz Daniel N
Bought by
Parra Olivia Stuart and Figueiras Ryan
Current Estimated Value
$256,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$260,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$6,097

Purchase Details

Closed on
Mar 14, 2024
Sold by
Schultz Daniel N and Schultz Lauren E
Bought by
Schultz Revocable Trust and Schultz

Purchase Details

Closed on
May 24, 2019
Sold by
Sinelli Anthony
Bought by
Schultz Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,848
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 7, 2015
Sold by
Sternberg Kelly and Mcnair Kelly M
Bought by
Sinelli Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,250
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2009
Sold by
Cairns Timothy E and Cairns Marcia
Bought by
Mcnair Kelly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,369
Interest Rate
5.49%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 2005
Sold by
Walter J Bozman Revocable Trust and Bozman Walter J
Bought by
Cairns Timothy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 10, 2000
Sold by
Bozman Walter J
Bought by
Walter J Bozman Tr
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Parra Olivia Stuart $268,500 Element Title
Schultz Revocable Trust -- None Listed On Document
Schultz Daniel N $3,480 None Listed On Document
Schultz Lauren $179,000 Ata National Title Group Llc
Sinelli Anthony $129,000 None Available
Mcnair Kelly M $90,000 Bell Title Agency
Cairns Timothy E $135,000 Metropolitan Title Company
Walter J Bozman Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parra Olivia Stuart $260,000
Closed Parra Olivia Stuart $260,000
Closed Schultz Revocable Trust $63,000
Previous Owner Schultz Lauren $171,707
Previous Owner Schultz Lauren $170,848
Previous Owner Sinelli Anthony $121,250
Previous Owner Mcnair Kelly M $85,500
Previous Owner Mcnair Kelly M $89,340
Previous Owner Mcnair Kelly M $88,369
Previous Owner Cairns Timothy E $108,000
Source: Public Records

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 $3,660 $101,970 $0 $0
2023 $3,494 $93,850 $0 $0
2022 $3,665 $83,730 $0 $0
2021 $3,572 $79,340 $0 $0
2020 $3,391 $74,760 $0 $0
2019 $3,162 $69,070 $0 $0
2018 $3,119 $63,770 $0 $0
2017 $3,026 $63,770 $0 $0
2016 $2,870 $59,870 $0 $0
2015 -- $41,620 $0 $0
2014 -- $34,620 $0 $0
2011 -- $38,080 $0 $0
Source: Public Records

Map

Michigan Oakland County Madison Heights 48071

27860 Palmer Ln, Madison Heights, MI

This home is located at 27860 Palmer Ln, Madison Heights, MI 48071 and is currently estimated at $253,903, approximately $247 per square foot. 27860 Palmer Ln is a home located in Oakland County with nearby schools including Madison High School, Four Corners Montessori Academy, and Keys Grace Academy.

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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