$695,000
SOLD MAY 27, 2022

29252 Summerwood Rd Farmington Hills, MI 48334

3 Beds
3 Baths
2,891 Sq Ft
0.47 Acres

Recently Sold

$240 Per Sq Ft

16% Above List Price

14 Days on Market

Highlights

  • Wooded Lot
  • Jetted Tub in Primary Bathroom
  • 2.5 Car Direct Access Garage
  • Ranch Style House
  • Double Oven
  • Bar Fridge

About This Home

As of March 2025

This spectacular Tobocman mid- century modern residence nestled in iconic Holly Hill Farms on a private wooded lot is available for the first time. Every detail is attended in this center entrance cantilevered platform design ranch. Extensive use of exotic hardwoods including rosewood, ebonized oak, and book matched walnut. Terrazzo floors with brass inlays, cantilevered slate hearth, classic full height Tobocman interior passageways, classic galley kitchen with Jurassic Green stone tops – the list of fine materials is so extensive and tastefully executed that you will need to experience this residence to understand. Signature custom cabinetry and millwork throughout. Entire home is fitted with floor to ceiling door walls to maximize views and flood light into the home. 3 bedrooms, 3 full baths and 2 office spaces make this residence a practical and stylish choice for 2022.

Last Agent to Sell the Property

Tim Gilson

Good Company License #6501301644 Listed on: 05/12/2022

Good Company

Last Buyer's Agent

Darcee Matlen

Pepper Park Realty License #RCO-6502409170

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1968 | Remodeled in 1980

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 121x170
  • Wooded Lot

HOA Fees

  • $11 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,891 Sq Ft Home
  • Bar Fridge
  • Gas Fireplace
  • Family Room with Fireplace
  • Partially Finished Basement
  • Crawl Space
  • Security System Owned

Kitchen

  • Double Oven
  • Indoor Grill
  • Gas Cooktop
  • Microwave
  • Free-Standing Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2.5 Car Direct Access Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Exterior Lighting
  • Ground Level

Community Details

  • Https://Www.Hollyhillfarms.Info/Historical Documen Association
  • Holly Hill Farms Sub No 5 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2311204004

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,343

Year Built

Built in 1968 | Remodeled in 1980

Lot Details

0

HOA Fees

$11 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 68.84
  • Year Built: 1968
  • State Equalized Value: 187250.0000
  • Year Renovated: 1980
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Humidifier, High Spd Internet Avail, Jetted Tub, Security Alarm (owned), Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 16
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Double Oven, Dryer, Free-Standing Freezer, Free-Standing Refrigerator, Gas Cooktop, Indoor Grill, Microwave, Washer, Bar Fridge
  • Sq Ft Combined: 3391
  • Sq Ft Lower Floor: 500
  • Total Sq Ft: 2891
  • Sq Ft Total Bsmt: 1213

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl, Basement
  • Construction Materials: Stucco, Wood
  • Exclusions: Yes
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 121
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Side Entrance, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal
  • Association Fee Frequency: Annually
  • Association Fee: 130
  • Association Contact: https://www.hollyhillfarms.info/historical-documen
  • Association Fee: Yes

Schools

  • School District: Farmington

Lot Info

  • Lot Features: Wooded
  • Lot Size Area: 0.47
  • Lot Dimensions: 121x170
  • Parcel Number: 2311204004

Tax Info

  • Tax Amount Summer: 5592.0000
  • Tax Amount Winter: 1751.0000
  • Total Tax: 7343.0000
  • Taxable Value: 128380.0000

MLS Schools

  • School District: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2024
Closed on
Mar 17, 2025
Sold by
Stephens Brandon
Bought by
Arft Valerie Ann and Arft Leo John
Seller's Agent
LaTina Lyle
EXP Realty
Buyer's Agent
Mark Brown
RE/MAX Classic
List Price
$735,000
Sold Price
$735,000
Views
161
Current Estimated Value
$749,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,220
Avg. Annual Appreciation
-2.57%
Original Mortgage
$505,000
Outstanding Balance
$504,577
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$224,503

Purchase Details

Listed on
Jul 26, 2024
Closed on
Aug 16, 2024
Sold by
Waksman Family Living Trust and Waksman Javier C
Bought by
Stephens Brandon
Seller's Agent
Tim Gilson
Good Company
Buyer's Agent
LaTina Lyle
EXP Realty
List Price
$850,000
Sold Price
$851,000
Premium/Discount to List
$1,000
0.12%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-22.33%
Original Mortgage
$702,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2022
Closed on
May 27, 2022
Sold by
Creed Ronald G and Creed Paula R
Bought by
Waksman Family Living Trust
Seller's Agent
Tim Gilson
Good Company
Buyer's Agent
Darcee Matlen
Pepper Park Realty
List Price
$600,000
Sold Price
$695,000
Premium/Discount to List
$95,000
15.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.55%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $735,000 None Listed On Document
Warranty Deed $851,000 None Listed On Document
Warranty Deed $695,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $505,000 New Conventional
Previous Owner $702,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 Sold $735,000 0.0% $254 / Sq Ft
02/18/2025 02/18/25 Pending -- -- --
01/17/2025 01/17/25 Price Changed $735,000 0.0% $254 / Sq Ft
01/17/2025 01/17/25 For Sale $735,000 -8.1% $254 / Sq Ft
12/21/2024 12/21/24 Pending -- -- --
12/16/2024 12/16/24 For Sale $800,000 0.0% $277 / Sq Ft
12/15/2024 12/15/24 Pending -- -- --
11/13/2024 11/13/24 Price Changed $800,000 -5.9% $277 / Sq Ft
10/25/2024 10/25/24 For Sale $850,000 -0.1% $294 / Sq Ft
08/16/2024 08/16/24 Sold $851,000 +0.1% $294 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $850,000 +22.3% $294 / Sq Ft
05/27/2022 05/27/22 Sold $695,000 +15.8% $240 / Sq Ft
05/12/2022 05/12/22 For Sale $600,000 -- $208 / 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 $11,207 $287,160 $24,750 $262,410
2022 $10,906 $215,960 $22,250 $193,710
2021 $7,343 $187,250 $22,250 $165,000
2020 $5,542 $180,860 $22,250 $158,610
2018 $6,688 $169,040 $0 $0
2015 -- $139,080 $0 $0
2014 -- $119,680 $0 $0
2011 -- $112,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220027547

Realcomp

APN: 23-11-204-004