NOT LISTED FOR SALE

29870 W 12 Mile Rd Unit 701 Farmington Hills, MI 48334

Estimated Value: $158,000 - $184,000

2 Beds
2 Baths
1,134 Sq Ft
$20/mo HOA Fee

Last Sold October 13, 2016

Last sale price $53,500 $47 Per Sq Ft

Est. 211% increase in value since last sale

Current estimated payment $1,018/month

13 Days on Market

Highlights

  • In Ground Pool
  • Forced Air Heating and Cooling System
  • 1 Car Garage
  • Ranch Style House

About This Home

As of October 2016

HUD PROPERTY CASE#261-745285_INSURABLE W/ ESCROW (IE).INVERRARY CONDOMINIUM ATTACHED 2 BEDROOM 2 FULL BATH ENTRY LEVEL CONDO UNIT WITH COMMON ENTRY. CONDO UNIT IS ACCOMPANIED WITH 1 SPACE CARPORT PARKING. CONDO EXTERIOR IS MAINTAINED BY THE HOMEOWNERS ASSOCIATION, AND OFFERS A GATED IN-GROUND POOL, AND TENNIS COURT.

Last Agent to Sell the Property

Michael Lindsay

Michael Group Realty LLC License #6502345204 Listed on: 08/18/2016

Last Buyer's Agent

Maynard Neal

NERG Real Estate Experts License #RCO-6501297249

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1981

HOA Fees

  • $20 Monthly HOA Fees

Home Design

  • 1,134 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Slab Foundation
  • Asphalt Roof

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Carport

Outdoor Features

  • In Ground Pool

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2311453049
  • $780 Seller Concession

Community Details

Overview

  • Highlander Group Inc Association, Phone Number (248) 681-7883
  • Inverrary Condo Subdivision

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,168

Year Built

Built in 1981

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1981
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: Dishwasher, Disposal, Refrigerator, Range/Stove
  • Sq Ft Combined: 1134
  • Total Sq Ft: 1134

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Slab
  • Construction Materials: Wood
  • Exterior Features: Pool - Inground, Tennis Court
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Carport
  • 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)
  • Laundry Facilities: No

Condo/Co-op/Association

  • HOA Fee Includes: Water
  • Association Fee Frequency: Annually
  • Phone: 248-681-7883
  • Association Fee: 234
  • Association Contact: HIGHLANDER GROUP INC
  • Association Fee: No

Schools

  • School District: Farmington

Lot Info

  • Parcel Number: 2311453049

Tax Info

  • Tax Amount Summer: 887.0000
  • Tax Amount Winter: 281.0000
  • Total Tax: 1168.0000

MLS Schools

  • School District: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2016
Closed on
Oct 4, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Ismet Gary
Seller's Agent
Michael Lindsay
Michael Group Realty LLC
Buyer's Agent
Maynard Neal
NERG Real Estate Experts
List Price
$52,500
Sold Price
$53,500
Premium/Discount to List
$1,000
1.9%
Current Estimated Value
$166,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,975
Avg. Annual Appreciation
13.44%
Original Mortgage
$54,400
Interest Rate
3.45%

Purchase Details

Listed on
Aug 18, 2016
Closed on
Aug 15, 2016
Sold by
Ranjit Makam
Bought by
Corlin Melanie
Seller's Agent
Michael Lindsay
Michael Group Realty LLC
Buyer's Agent
Maynard Neal
NERG Real Estate Experts
List Price
$52,500
Sold Price
$53,500
Premium/Discount to List
$1,000
1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,400
Interest Rate
3.45%

Purchase Details

Closed on
Apr 25, 2013
Sold by
Jpmorgan Chase Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Oct 16, 2012
Sold by
Stamm Todd M and Concord Financial Inc
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Apr 27, 2000
Sold by
Vortsman Yefim
Bought by
Stamm Todd M

Purchase Details

Closed on
Nov 8, 1999
Sold by
Bolgar Peter
Bought by
Lakernik Berta
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
Ismet Gary $53,500 Legacy Title Agency
Corlin Melanie -- --
Secretary Of Housing & Urban Development -- None Available
Jpmorgan Chase Bank Na $29,600 None Available
Stamm Todd M $93,800 --
Lakernik Berta $84,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corlin Melanie $54,400
Previous Owner Corlin Melanie --
Closed Stamm Todd M --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2016 10/13/16 Sold $53,500 +1.9% $47 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $52,500 -- $46 / 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 $1,393 $66,570 $12,500 $54,070
2022 $1,339 $47,460 $12,500 $34,960
2021 $1,501 $45,700 $7,500 $38,200
2020 $1,267 $43,470 $7,500 $35,970
2018 $1,409 $33,260 $0 $0
2015 -- $27,570 $0 $0
2014 -- $21,020 $0 $0
2011 -- $22,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Michael Lindsay

    Michael Group Realty LLC

    Section Image

  • M

    Buyer's Agent in 2016

    Maynard Neal

    NERG Real Estate Experts

    (248) 687-9308

    21 Total Sales

    Maynard Neal
    Section Image
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Map

Source: Realcomp

MLS Number: 216083106

Realcomp

APN: 23-11-453-049

Michigan Oakland County Farmington Hills 48334

29870 W 12 Mile Rd Unit 701, Farmington Hills, MI

This home is located at 29870 W 12 Mile Rd Unit 701, Farmington Hills, MI 48334 since 18 August 2016 and is currently estimated at $166,475, approximately $146 per square foot. This property was built in 1981. 29870 W 12 Mile Rd Unit 701 is a home located in Oakland County with nearby schools including Wood Creek Elementary School, Warner Upper Elementary School, and Red Hill Montessori Academy.

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