NOT LISTED FOR SALE

31625 Briarcliff Rd Franklin, MI 48025

Estimated Value: $2,776,000 - $2,991,000

3.01 Acres
$968,838 Price per Acre
131,116 Sq Ft Lot

Last Sold March 21, 2019

Last sale price $700,000 $274 Per Sq Ft

Est. 317% increase in value since last sale

Current estimated payment $21,507/month

178 Days on Market

Highlights

  • 3.01 Acre Lot
  • Wylie E. Groves High School Rated A+
  • Level Lot

About This Lot

As of March 2019

Great opportunity to own an estate lot in Franklin Village surrounded by multi-million dollar homes! Lot has many mature trees and is nestled in a quiet neighborhood with similar sized lots. A rare gem.

Home will be removed by sellers, at sellers expense, prior to closing. No access to existing home.

Last Agent to Sell the Property

Lisa Bartleman

AP Builders Realty LLC License #6502381933 Listed on: 06/20/2018

Last Buyer's Agent

Renee Lossia Acho

KW Domain License #6501305857

KW Domain

Property Details

Property Type

  • Land

Lot Details

  • 3.01 Acre Lot
  • Lot Dimensions are 498 x 254 x 330 x 323
  • Level Lot

Community Details

  • Franklin Villas Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2405303005

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 361580.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 498
  • Road Frontage Type: Paved
  • Sideof Street: W

Utilities

  • Sewer: Septic Tank (Existing)
  • Water Source: Well (Existing)

Schools

  • School District: Birmingham

Lot Info

  • List Price per Acre: 298970.0997
  • Lot Features: Level
  • Lot Size Area: 3.01
  • Lot Dimensions: 498 X 254 X 330 X 323
  • Parcel Number: 2405303005
  • Zoning: Residential
  • PERK: Yes
  • Survey: Yes

Tax Info

  • Tax Amount Summer: 8340.0000
  • Tax Amount Winter: 10007.0000
  • Total Tax: 18347.0000

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2018
Closed on
Mar 27, 2019
Sold by
Cohen David
Bought by
Cohen David and Cohen Arielle
Seller's Agent
Lisa Bartleman
AP Builders Realty LLC
Buyer's Agent
Renee Lossia Acho
KW Domain
List Price
$999,900
Sold Price
$700,000
Premium/Discount to List
-$299,900
-29.99%
Total Days on Market
178
Current Estimated Value
$2,916,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,216,201
Avg. Annual Appreciation
26.70%
Original Mortgage
$560,000
Interest Rate
4.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 20, 2018
Closed on
Mar 20, 2019
Sold by
Alshab Peter and Alshabkhoun Mary Jane
Bought by
Cohen David
Seller's Agent
Lisa Bartleman
AP Builders Realty LLC
Buyer's Agent
Renee Lossia Acho
KW Domain
List Price
$999,900
Sold Price
$700,000
Premium/Discount to List
-$299,900
-29.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
4.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Cohen David -- None Available
Cohen David -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohen David $5,000,000
Closed Cohen David $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2019 03/21/19 Sold $700,000 -22.2% $274 / Sq Ft
12/15/2018 12/15/18 Pending -- -- --
08/27/2018 08/27/18 Price Changed $899,900 -10.0% $353 / Sq Ft
06/20/2018 06/20/18 For Sale $999,900 -- $392 / 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 $63,871 $1,740,890 $0 $0
2023 $53,458 $1,509,200 $0 $0
2022 $30,621 $702,330 $0 $0
2021 $7,314 $156,500 $0 $0
2020 $5,640 $157,850 $0 $0
2019 $10,548 $372,560 $0 $0
2018 $11,191 $361,580 $0 $0
2017 $10,007 $361,580 $0 $0
2016 $9,238 $348,640 $0 $0
2015 -- $329,370 $0 $0
2014 -- $317,870 $0 $0
2011 -- $299,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218056466

Realcomp

APN: 24-05-303-005