$535,000
SOLD JUN 13, 2025

31996 Olde Franklin Dr Farmington Hills, MI 48334

4 Beds
2.5 Baths
2,808 Sq Ft
0.31 Acres

Recently Sold

$191 Per Sq Ft

4% Below List Price

118 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Attached Garage
  • Laundry Facilities
  • Ground Level Unit
  • Forced Air Heating and Cooling System

About This Home

As of June 2025

Welcome to this stunningly updated 4-bedroom, 2.1-bath colonial home! The refreshed landscaping provides charming curb appeal. Every update in this home was completed in 2023. Highlights include stainless steel appliances, luxury vinyl plank flooring on the first floor, brand-new carpet on the second floor and stairs, and a convenient first-floor laundry. The interior has been freshly painted, featuring a spacious family room with a cozy new remote-controlled fireplace. Additional upgrades include a new AC and furnace, modern light fixtures throughout, and a newly poured concrete patio and walkway encircling the house. The home also boasts a new garage door, gutters, downspouts, an outdoor generator connection, and automated outdoor lighting with sensors for both the front and backyard. This home is move in ready and waiting for you. BBTVAI

Last Agent to Sell the Property

Salwan Jameel

St Jude Realty License #6501415554 Listed on: 11/15/2024

Last Buyer's Agent

Rick Nessel

National Realty Centers, Inc License #6501378895

National Realty Centers, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1966 | Remodeled in 2023

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 96.00 x 141.00

HOA Fees

  • $27 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,808 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Additional Features

  • Exterior Lighting
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 2301152009

Community Details

Overview

  • Olde Franklin Towne HOA
  • Olde Franklin Towne Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,881

Year Built

Built in 1966 | Remodeled in 2023

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 65.00
  • Year Built: 1966
  • State Equalized Value: 189400.0000
  • Year Renovated: 2023
  • Entry Location: Ground Level
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Family Room
  • Room Count: 13
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 3158
  • Sq Ft Lower Floor: 350
  • Total Sq Ft: 2808
  • Sq Ft Total Bsmt: 682

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 96
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: president@oldefranklintowne.org
  • Association Fee: 325
  • Association Contact: Olde Franklin Towne HOA
  • Association Fee: Yes

Schools

  • School District: Farmington

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.31
  • Lot Dimensions: 96.00 x 141.00
  • Parcel Number: 2301152009

Tax Info

  • Tax Amount Summer: 6640.0000
  • Tax Amount Winter: 1241.0000
  • Total Tax: 7881.0000
  • Taxable Value: 181890.0000

MLS Schools

  • School District: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2024
Closed on
Jun 13, 2025
Sold by
Ibraheem Mohammed and Aljibouri Ghasan
Bought by
Nielsen Steven
Seller's Agent
Salwan Jameel
St Jude Realty
Buyer's Agent
Rick Nessel
National Realty Centers, Inc
List Price
$559,900
Sold Price
$535,000
Premium/Discount to List
-$24,900
-4.45%
Views
339
Current Estimated Value
$528,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,762
Avg. Annual Appreciation
-4.60%
Original Mortgage
$454,750
Outstanding Balance
$453,966
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$74,272

Purchase Details

Closed on
Mar 1, 2023
Sold by
Ibraheem Mohammad
Bought by
Ibraheem Mohammad and Aljibouri Ghasan

Purchase Details

Listed on
Sep 9, 2022
Closed on
Nov 9, 2022
Sold by
Old Robert M
Bought by
Ibraheem Mohammad and Aljibouri Ghasan
Seller's Agent
Justin Hazemy
HomeCraft Real Estate
Buyer's Agent
Salwan Jameel
St Jude Realty
List Price
$380,000
Sold Price
$380,000
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.16%
Original Mortgage
$304,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2011
Sold by
Pcb Homes Llc
Bought by
Old Robert

Purchase Details

Closed on
Mar 12, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 19, 2010
Sold by
Adler Connie
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Apr 2, 2007
Sold by
Adler Constance
Bought by
Adler Constance and Loberman Randee

Purchase Details

Closed on
Oct 19, 2004
Sold by
The Estate Of Sam Loberman
Bought by
Adler Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2004
Sold by
Loberman Sam
Bought by
Leslie Ann London Revocable Trust

Purchase Details

Closed on
Jul 14, 2000
Sold by
Edwards Steven A
Bought by
Loberman Sam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.19%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $535,000 None Listed On Document
Warranty Deed $535,000 None Listed On Document
Quit Claim Deed $89,090 --
Warranty Deed $380,000 --
Warranty Deed $220,000 Title Connect Llc
Quit Claim Deed -- None Available
Sheriffs Deed $203,578 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $200,000 First Michigan Title Inc
Sheriffs Deed $203,452 --
Deed $290,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $454,750 New Conventional
Previous Owner $304,000 New Conventional
Previous Owner $179,280 FHA
Previous Owner $104,650 New Conventional
Previous Owner $58,000 Unknown
Previous Owner $180,000 New Conventional
Previous Owner $150,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Sold $535,000 -4.4% $191 / Sq Ft
03/14/2025 03/14/25 Pending -- -- --
11/15/2024 11/15/24 For Sale $559,900 +47.3% $199 / Sq Ft
11/09/2022 11/09/22 Sold $380,000 0.0% $135 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
09/09/2022 09/09/22 For Sale $380,000 -- $135 / 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 $6,640 $189,400 $30,940 $158,460
2022 $6,379 $160,780 $25,740 $135,040
2021 $5,464 $151,210 $25,740 $125,470
2020 $4,554 $147,990 $25,740 $122,250
2018 $5,130 $129,390 $0 $0
2015 -- $110,190 $0 $0
2014 -- $113,300 $0 $0
2011 -- $97,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240085561

Realcomp

APN: 23-01-152-009