NOT LISTED FOR SALE

31685 Folkstone Dr Farmington, MI 48336

Estimated Value: $290,707 - $313,000

3 Beds
2 Baths
1,146 Sq Ft
$264/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $230,000 $201 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,973/month

65 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Porch
  • Farmington High School Rated A-
  • No HOA
  • Accessible Bedroom

About This Home

As of December 2021

Here is your chance! This lovely brick ranch is located in the popular yet affordable Bel-Aire Hills Sub, close to Downtown Farmington, Shiawassee Park, shopping, & more! Farmington has an active town center that hosts festivals, farm and craft markets, and plenty fun activities for kids and adults alike! The home has many updates including a granite kitchen with white cabinetry w/pull-out drawers, ceramic flooring, plus a bump out off the kitchen for a terrific first floor laundry with additional counter space and cabinetry. The main bath was updated with ceramic flooring and a walk in ceramic shower. There are replacement windows and plantation style shutters, and there is a composite deck accessible from the kitchen area. The basement is finished with two additional bedrooms and a second full bath, plus there is still plenty of room in the storage area. There are only a handful of available homes in Farmington, so this home will likely sell quickly! Award winning Farmington Schools!

Last Agent to Sell the Property

Laura Monley

Max Broock, Realtors®-Northville License #6501281582 Listed on: 09/04/2021

Max Broock, Realtors®-Northville

Last Buyer's Agent

Joseph Lawrence

Milestone Realty Group LLC License #RCO-6502382348

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1955 | Remodeled in 2008

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 61.00x105.00

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,146 Sq Ft Home
  • Ceiling Fan
  • Finished Basement
  • Sump Pump

Kitchen

  • Free-Standing Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Kitchen
  • Central Living Area

Outdoor Features

  • Deck
  • Porch

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Bel Aire Hills Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2327228002
  • $2,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,204

Year Built

Built in 1955 | Remodeled in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 126.45
  • Year Built: 1955
  • State Equalized Value: 96410.0000
  • Year Renovated: 2008
  • Accessibility Features: Accessible Bedroom, Accessible Central Living Area, Accessible Full Bath, Accessible Kitchen
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1919
  • Sq Ft Lower Floor: 773
  • Total Sq Ft: 1146
  • Sq Ft Total Bsmt: 1031

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Construction Features: Platted Sub.
  • Foundation Materials: Poured
  • Frontage Feet: 61
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Farmington

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.15
  • Lot Dimensions: 61.00X105.00
  • Parcel Number: 2327228002

Tax Info

  • Tax Amount Summer: 2604.0000
  • Tax Amount Winter: 600.0000
  • Total Tax: 3204.0000
  • Taxable Value: 62870.0000

MLS Schools

  • School District: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2021
Closed on
Dec 10, 2021
Sold by
Kathleen A Banchero Revocable Trust
Bought by
Black Jantz A
Seller's Agent
Laura Monley
Max Broock, Realtors®-Northville
Buyer's Agent
Joseph Lawrence
Milestone Realty Group LLC
List Price
$218,000
Sold Price
$230,000
Premium/Discount to List
$12,000
5.5%
Current Estimated Value
$302,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,677
Avg. Annual Appreciation
6.45%
Original Mortgage
$218,500
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2007
Sold by
Banchero Kathleen A
Bought by
Banchero Kathleen A and Kathleen A Banchero Revocable Trust

Purchase Details

Closed on
Dec 16, 1994
Sold by
Markey John C
Bought by
Banchero Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
9.24%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Black Jantz A $230,000 Ata National Title
Banchero Kathleen A -- None Available
Banchero Kathleen A $91,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Black Jantz A $218,500
Previous Owner Banchero Kathleen A $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $230,000 +5.5% $201 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $218,000 0.0% $190 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
09/04/2021 09/04/21 For Sale $218,000 -- $190 / 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 $4,318 $117,930 $0 $0
2023 $4,140 $108,870 $0 $0
2022 $4,760 $98,980 $0 $0
2021 $3,161 $96,410 $0 $0
2020 $2,585 $89,380 $0 $0
2019 $3,153 $82,620 $0 $0
2018 $2,931 $77,680 $0 $0
2017 $2,868 $77,680 $0 $0
2016 $2,865 $72,910 $0 $0
2015 -- $65,540 $0 $0
2014 -- $56,640 $0 $0
2011 -- $59,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210074197

Realcomp

APN: 23-27-228-002