NOT LISTED FOR SALE

31985 Olde Franklin Dr Farmington Hills, MI 48334

Estimated Value: $438,515 - $503,000

4 Beds
2.5 Baths
2,500 Sq Ft
$192/Sq Ft Est. Value

Last Sold April 10, 2019

Last sale price $285,000 $114 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,006/month

160 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Direct Access Garage
  • High Speed Internet
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

About This Home

As of April 2019

ENJOY ONE OF FARMINGTON HILLS MOST FAVORITE SUBDIVISION. CONVENIENT TO SHOPPING,MAJOR ROADS, RESTAURANTS, ETC. THIS HOME HAS ONE OF THE LARGEST LOTS AND REAR YARD IN THE ENTIRE SUB. YOU'LL LOVE THE NEWER CUSTOM "JOHN MORGAN" KITCHEN WITH GRANITE CENTER ISLAND. LARGE DEEP DRAWERS AND MANY PULL OUT SHELVES FOR THE GOURMET CHEF. ENJOY NICE SIZED FAMILY ROOM WITH A CENTER FIREPLACE AND BUILT IN SHELVING ON EITHER SIDE. CONVENIENT FIRST FLOOR LAUNDRY ROOM. LARGE TILED FOYER OPENS TO LIVING ROOM AND DINING ROOM FOR ENTERTAINING. BEAUTIFUL HARDWOOD FLOORING. FOUR LARGE BEDROOMS UPSTAIRS. MASTER SUITE WITH WALK IN CLOSET, FULL BATH AND SEPARATE VANITY/ MAKE-UP AREA. SOME NEWER BATH FIXTURES, AND NEWER ROOF ON HOUSE, NEWER HARDWOOD FLOORING IN LIVING ROOM,DINING ROOM AND KITCHEN , LARGE OUTDOOR DECK IN REAR AND COVERED FRONT PORCH, NEW GARAGE DOOR AND SOME NEW WINDOWS JUST INSTALLED. AND SO MUCH MORE.

Last Agent to Sell the Property

Howard Novetsky

Real Estate One-WB/FH License #6501224599 Listed on: 09/30/2018

Real Estate One-WB/FH

Last Buyer's Agent

Linda Martin

ERA Reardon Realty License #RCO-6501279120

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1965

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 107x172

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

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

Community Details

  • Olde Franklin Towne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2301101070
  • $3,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,381

Year Built

Built in 1965

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 66.17
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2500
  • Total Sq Ft: 2500
  • Sq Ft Total Bsmt: 1200

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 107
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • 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

  • Association Fee Frequency: Annually
  • Association Fee: 400
  • Association Fee: Yes

Schools

  • School District: Farmington

Lot Info

  • Homestead: Yes
  • List Price per Acre: 702380.9524
  • Lot Size Area: 0.42
  • Lot Dimensions: 107X172
  • Parcel Number: 2301101070

Tax Info

  • Tax Amount Summer: 3527.0000
  • Tax Amount Winter: 854.0000
  • Total Tax: 4381.0000

MLS Schools

  • School District: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2018
Closed on
Apr 10, 2019
Sold by
Margolis Elliot D and Margolis Lynn J
Bought by
Bridges Michael and Bridges Clarice
Seller's Agent
Howard Novetsky
Real Estate One-WB/FH
Buyer's Agent
Linda Martin
ERA Reardon Realty
List Price
$325,000
Sold Price
$285,000
Premium/Discount to List
-$40,000
-12.31%
Current Estimated Value
$480,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,629
Avg. Annual Appreciation
8.29%
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
Bridges Michael $285,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2019 04/10/19 Sold $285,000 -3.4% $114 / Sq Ft
03/09/2019 03/09/19 Pending -- -- --
01/07/2019 01/07/19 Price Changed $295,000 -1.7% $118 / Sq Ft
10/24/2018 10/24/18 Price Changed $300,000 -7.7% $120 / Sq Ft
09/30/2018 09/30/18 For Sale $325,000 -- $130 / 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 $5,438 $168,020 $30,940 $137,080
2022 $5,957 $142,660 $25,740 $116,920
2021 $5,928 $134,410 $25,740 $108,670
2020 $4,763 $124,240 $25,740 $98,500
2018 $4,484 $112,120 $0 $0
2015 -- $96,140 $0 $0
2014 -- $98,820 $0 $0
2011 -- $92,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2019

    Howard Novetsky

    Real Estate One

    Section Image

  • L

    Buyer's Agent in 2019

    Linda Martin

    ERA Reardon Realty

    (248) 496-0380

    1 in this area

    24 Total Sales

    Linda Martin
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 218092345

Realcomp

APN: 23-01-101-070

Michigan Oakland County Farmington Hills 48334

31985 Olde Franklin Dr, Farmington Hills, MI

This home is located at 31985 Olde Franklin Dr, Farmington Hills, MI 48334 since 30 September 2018 and is currently estimated at $480,629, approximately $192 per square foot. This property was built in 1965. 31985 Olde Franklin Dr is a home located in Oakland County with nearby schools including Wood Creek Elementary School, Warner Upper Elementary School, and Red Hill Montessori Academy.

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
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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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