$495,000
SOLD AUG 8, 2024

2851 Franklin Rd Bloomfield Hills, MI 48302

5 Beds
4.5 Baths
3,367 Sq Ft
0.61 Acres

Recently Sold

$147 Per Sq Ft

6% Below List Price

45 Days on Market

Highlights

  • In Ground Pool
  • Fireplace in Primary Bedroom
  • Jetted Tub in Primary Bathroom
  • Way Elementary School Rated A
  • Ranch Style House
  • No HOA

About This Home

As of August 2024

Sprawling 5 Bedroom Brick Ranch with Over 3,300 Sq. Ft and a Lovely In-Ground Pool Situated on a Very Serene & Private .61 Acre Lot. This Spacious Home is Full of Updates Throughout including a Brand New Roof (2024) with transferable warranty. and has Plenty of Room for an Extended Family! Open Floor Plan Features Gorgeous Hardwood Floors, Living Room w/ Large Window & Granite Fireplace. Spacious Newer Remodeled Kitchen Features Wood Cabinetry, Granite Countertops & Backsplash, and Premium Stainless Appliances. Kitchen Opens Up to a Huge Newer Family Room w/ Soaring Ceiling & Natural Fireplace & Powder Room! Spacious Newer Primary Suite w/ Large Walk-In Closet & Updated Bath w/ Jetted Tub & Shower 2nd Large En Suite Bedroom w/ WIC & Updated Bath w/ Jetted Tub & Shower. 3rd Bedroom is an In-Law Suite with It's Own Family Room & Kitchenette, WIC, and Bath w/ Jetted Tub. 2 Additional Bedrooms (One Which is Currently Used as an Office) Share a Completely Renovated Bathroom (2018). Private & Serene Setting with Large Backyard & Lovely In-Ground Swimming Pool and Patio. Award Winning Bloomfield Hills Schools. Washer and Dryer excluded. All M & D Approx.

Last Agent to Sell the Property

Michael Hermiz

RE/MAX New Trend License #6501122864 Listed on: 06/04/2024

RE/MAX New Trend

Last Buyer's Agent

Regina Gilliam

National Realty Centers, Inc License #6501406478

National Realty Centers, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1956 | Remodeled in 2006

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 160 x 167
  • Fenced

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,367 Sq Ft Home
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Crawl Space
  • Security System Owned

Kitchen

  • Double Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Jetted Tub in Primary Bathroom

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Patio
  • Porch

Location

  • Ground Level

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1909151003
  • $10,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,800

Year Built

Built in 1956 | Remodeled in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1956
  • State Equalized Value: 197430.0000
  • Year Renovated: 2006
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Jetted Tub, Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room, Living Room, Primary Bedroom
  • Room Count: 17
  • Total Bedrooms: 5
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Kitchen Appliances: Vented Exhaust Fan, Dishwasher, Double Oven, Electric Cooktop, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s)
  • Sq Ft Combined: 3367
  • Total Sq Ft: 3367

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Crawl
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Fenced, Pool - Inground
  • Foundation Materials: Block
  • Frontage Feet: 160
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2 Car, 2.5 Car
  • Garage Features: Electricity, Door Opener, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air, Zoned
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Bloomfield Hills

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.61
  • Lot Dimensions: 160 X 167
  • Parcel Number: 1909151003

Tax Info

  • Tax Amount Summer: 3024.0000
  • Tax Amount Winter: 2776.0000
  • Total Tax: 5800.0000
  • Taxable Value: 159870.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2024
Closed on
Aug 8, 2024
Sold by
Beatrice Culton Revocable Living Trust and Culton Beatrice
Bought by
Gilliam Regina Brown
Seller's Agent
Michael Hermiz
RE/MAX New Trend
Buyer's Agent
Regina Gilliam
National Realty Centers, Inc
List Price
$525,000
Sold Price
$495,000
Premium/Discount to List
-$30,000
-5.71%
Views
76
Current Estimated Value
$555,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,036
Avg. Annual Appreciation
13.89%
Original Mortgage
$371,250
Outstanding Balance
$368,712
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$186,324

Purchase Details

Closed on
Feb 26, 2020
Sold by
Culton Beatrice and Culton Wallace O
Bought by
Culton Beatrice and Hundley Lapresas D
Source: Public Records

Similar Home in Bloomfield Hills, MI

  • 5116 Mohr Valley Ln, Bloomfield Hills, MI 48304

    $610,700

    • 5 Beds
    • 4 Baths
    • 2,696 Sq Ft
    • 5116 Mohr Valley Ln
    • Bloomfield Hills, MI

    Welcome to this one-of-a-kind gem in the heart of Bloomfield Hills! This 5-bedroom, 2.2-bath home blends cozy charm with unique interior finishes that truly set it apart. Step outside to a spacious backyard and relax on the covered porch — perfect for morning coffee or evening unwinding. The partially finished basement offers extra space for work, play, or whatever fits your vibe. Warm, inviting,

    Kevin Stewart Stewart Team R E Partners Inc

    Section Image
See All Homes in Bloomfield Hills

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 $495,000 First American Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $371,250 New Conventional
Previous Owner $253,500 New Conventional
Previous Owner $307,500 New Conventional
Previous Owner $115,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2024 08/08/24 Sold $495,000 -5.7% $147 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
06/04/2024 06/04/24 For Sale $525,000 -- $156 / 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 $3,124 $202,260 $0 $0
2023 $3,024 $197,430 $0 $0
2022 $5,682 $181,340 $0 $0
2021 $5,641 $203,960 $0 $0
2020 $2,766 $197,370 $0 $0
2019 $5,308 $194,750 $0 $0
2018 $5,333 $186,640 $0 $0
2017 $5,295 $175,780 $0 $0
2016 $5,305 $154,010 $0 $0
2015 -- $147,110 $0 $0
2014 -- $144,940 $0 $0
2011 -- $130,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Michael Hermiz

    RE/MAX

    (248) 681-8500

    10 in this area

    69 Total Sales

    Michael Hermiz
    Section Image
  • Regina Gilliam

    Buyer's Agent in 2024

    Regina Gilliam

    National Realty Centers, Inc

    1 in this area

    15 Total Sales

    Regina Gilliam
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20240038673

Realcomp

APN: 19-09-151-003

Michigan Oakland County Bloomfield Hills 48302

2851 Franklin Rd, Bloomfield Hills, MI

This home is located at 2851 Franklin Rd, Bloomfield Hills, MI 48302 and is currently priced at $495,000, approximately $147 per square foot. This property was built in 1956. 2851 Franklin Rd is a home located in Oakland County with nearby schools including Way Elementary School, South Hills Middle School, and Bloomfield Hills High School.

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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
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

Nearby Homes