NOT LISTED FOR SALE

27962 Gaines Mill Way Farmington Hills, MI 48331

Estimated Value: $467,000 - $492,463

4 Beds
3.5 Baths
2,300 Sq Ft
$209/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $264,000 $115 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,077/month

27 Days on Market

Highlights

  • Spa
  • Colonial Architecture
  • 2 Car Direct Access Garage
  • Forest Elementary School Rated A-
  • Deck
  • Porch

About This Home

As of November 2016

Park like setting, private cul-de-sac lot. Updated w/new kitchen in 2011 & A huge 800 square foot addition added in 1999 with new large master suite w/wall of windows, large master bath and a 14x12 master closet & vaulted ceiling! Also a Laundry room in this addition w/plenty of cabinets, w/large bonus room. Very well maintained w/4 bedroom, 3.1 bath. One full bath in finished basement. Two master suites. The lot is exceptional, brick walk way. Kitchen with granite counters, moveable center island & desk w/doorwall to deck. Wood floors in living room, dining, kitchen & foyer, crown molding in kitchen, living room & dining room. Large family room with gas fireplace with recessed lights and doorwall to beautiful backyard. Finished basement, with lots of built in storage, separate office. 2 furnaces, and 2 AC units, separate thermostat controls for addition. A private retreat area in back yard w/hot tub included, nice deck & fire pit area. **NEW ROOF October, 2016! New windows!

Last Agent to Sell the Property

Teri Kasten

Michigan Realty License #6504411723 Listed on: 09/11/2016

Co-Listed By

Linda Hasenauer

National Realty Centers, Inc License #6501212118

Last Buyer's Agent

Peggy Darrah

Real Estate One-Plymouth License #6501378414

Real Estate One-Plymouth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1981 | Remodeled in 2011

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 80x150

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,300 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Sump Pump
  • Fireplace in Basement

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Bgha48331@Gmail.Com Association
  • Farmington Green West No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2308452042

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,597

Year Built

Built in 1981 | Remodeled in 2011

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 65.51
  • Year Built: 1981
  • Year Renovated: 2011
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement, Family Room
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Microwave, Refrigerator, Range/Stove
  • Total Sq Ft: 2300

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl, Wood
  • Exterior Features: Spa/Hot-tub
  • Foundation Materials: Poured
  • Porch Type: Deck, Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Side Entrance
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Electric
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 200
  • Association Contact: bgha48331@gmail.com
  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 963928.5714
  • Lot Size Area: 0.28
  • Lot Dimensions: 80X150
  • Parcel Number: 2308452042

Tax Info

  • Tax Amount Summer: 3673.0000
  • Tax Amount Winter: 924.0000
  • Total Tax: 4597.0000

MLS Schools

  • School District: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2016
Closed on
Nov 18, 2016
Sold by
Wernette Gerald J and Wernette Cheryl A
Bought by
Preiss David R and Preiss Stephanie
Seller's Agent
Teri Kasten
Michigan Realty
Buyer's Agent
Peggy Darrah
Real Estate One-Plymouth
List Price
$285,000
Sold Price
$264,000
Premium/Discount to List
-$21,000
-7.37%
Current Estimated Value
$481,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,616
Avg. Annual Appreciation
6.95%
Original Mortgage
$259,218
Outstanding Balance
$208,891
Interest Rate
3.54%
Mortgage Type
FHA
Estimated Equity
$272,725
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
Preiss David R $264,000 Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Preiss David R $259,218
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2016 11/18/16 Sold $264,000 -2.2% $115 / Sq Ft
10/08/2016 10/08/16 Pending -- -- --
10/05/2016 10/05/16 Price Changed $269,900 -3.6% $117 / Sq Ft
09/19/2016 09/19/16 Price Changed $279,900 -1.8% $122 / Sq Ft
09/11/2016 09/11/16 For Sale $285,000 -- $124 / 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 $6,315 $219,120 $37,500 $181,620
2022 $6,067 $169,630 $25,880 $143,750
2021 $6,592 $158,380 $25,880 $132,500
2020 $5,506 $152,660 $25,880 $126,780
2018 $6,189 $137,650 $0 $0
2015 -- $127,700 $0 $0
2014 -- $111,770 $0 $0
2011 -- $95,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Teri Kasten

    Seller's Agent in 2016

    Teri Kasten

    Michigan Realty

    (248) 909-3934

    8 Total Sales

    Teri Kasten
    Section Image

  • L

    Seller Co-Listing Agent in 2016

    Linda Hasenauer

    National Realty Centers, Inc

  • Peggy Darrah

    Buyer's Agent in 2016

    Peggy Darrah

    Real Estate One

    (734) 255-0266

    10 Total Sales

    Peggy Darrah
    Section Image
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Map

Source: Realcomp

MLS Number: 216090303

Realcomp

APN: 23-08-452-042

Michigan Oakland County Farmington Hills 48331

27962 Gaines Mill Way, Farmington Hills, MI

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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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