NOT LISTED FOR SALE

32482 Olde Franklin Dr Farmington Hills, MI 48334

Estimated Value: $485,000 - $528,000

4 Beds
3.5 Baths
2,700 Sq Ft
$187/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $380,000 $141 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,271/month

28 Days on Market

Highlights

  • Car Lift
  • Covered Patio or Porch
  • 2 Car Attached Garage
  • Colonial Architecture
  • ENERGY STAR Qualified Skylights
  • Sound System

About This Home

As of May 2019

Magnificent Farmington Hills colonial in Olde Franklin Town Subdivision; walking distance to Hillel Day School. This house has it all! Four bedrooms, three and a half baths and a finished basement. The entire home has been entirely renovated with top of the line finishes throughout. Designer kitchen recently remodeled in 2014 featuring an open layout, custom-built cabinetry, rare granite countertops accented by a glass subway tile backsplash and unique lighting. Wooden floors throughout the home are complimented with crown moldings in every room. Custom California Closets in the master suite complete with washer and dryer. This home has several unique touches including: dual furnace and AC units, solid wood doors, separate water meters for the house and sprinkler systems and updated electrical and plumbing. Private backyard with multi-dimensional paver patio and natural stone fire pit area. This home is a masterpiece of its own and truly a must see! Broker is owner.

Last Agent to Sell the Property

phillip Benezra

Property Solutions Plus License #6502375238 Listed on: 02/28/2019

Last Buyer's Agent

Dennis Dickstein

Real Estate One-W Blmfld License #6501084979

Real Estate One-W Blmfld

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1966 | Remodeled in 2014

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100 x 130

HOA Fees

  • $19 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Poured Concrete
  • Asphalt Roof
  • Chimney Cap

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Gas Fireplace
  • Awning
  • ENERGY STAR Qualified Doors
  • Family Room with Fireplace
  • Attic Fan
  • Carbon Monoxide Detectors
  • Finished Basement

Kitchen

  • Microwave
  • ENERGY STAR Qualified Freezer
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • ENERGY STAR Qualified Skylights

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Car Lift
  • Garage Door Opener

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights
  • Watersense Fixture
  • Water-Smart Landscaping

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutter Guard System

Utilities

  • Forced Air Heating and Cooling System
  • ENERGY STAR Qualified Air Conditioning
  • Heating system powered by renewable energy
  • Back Up Electric Heat Pump System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Net Metering or Smart Meter
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2301177006

Community Details

Overview

  • Www.Oldefranklintowne.Org Association, Phone Number (248) 890-5284
  • Olde Franklin Towne No 2 Subdivision

Amenities

  • Community Barbecue Grill

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,235

Year Built

Built in 1966 | Remodeled in 2014

Lot Details

0

HOA Fees

$19 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1966
  • Year Renovated: 2014
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Carbon Monoxide Alarm(s), ENERGY STAR® Qualified Door(s), ENERGY STAR® Qualified Light Fixture(s), High Spd Internet Avail, Home Energy Management System, Programmable Thermostat, Sound System, Utility Smart Meter
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 15
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, ENERGY STAR® qualified dishwasher, ENERGY STAR® qualified freezer, ENERGY STAR® qualified refrigerator, Freezer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 4100
  • Sq Ft Lower Floor: 1400
  • Total Sq Ft: 2700
  • Sq Ft Total Bsmt: 1400

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exclusions: Yes
  • Exterior Features: Awning/Overhang(s), BBQ Grill, Chimney Cap(s), ENERGY STAR® Qualified Skylights, Gutter Guard System, Satellite Dish, Water-Smart Landscaping, WaterSense® Labeled Irrigation Controller
  • Foundation Materials: Brick/Mortar, Poured
  • Frontage Feet: 100
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: 2+ Assigned Spaces, Attached, Door Opener, Electricity, Lift
  • Garage: Yes

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Cooling: Attic Fan, Central Air, ENERGY STAR® Qualified A/C Equipment
  • Heating: ENERGY STAR® Qualified Furnace Equipment, Forced Air, Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: 248-890-5284
  • Association Fee: 225
  • Association Contact: www.oldefranklintowne.org
  • Association Fee: Yes

Schools

  • School District: Farmington

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1499666.6667
  • Lot Size Area: 0.30
  • Lot Dimensions: 100 X 130
  • Parcel Number: 2301177006

Tax Info

  • Tax Amount Summer: 4244.0000
  • Tax Amount Winter: 991.0000
  • Total Tax: 5235.0000

MLS Schools

  • School District: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2019
Closed on
May 24, 2019
Sold by
Ben Ezra Ioana
Bought by
Michaelson Jeremy
Seller's Agent
phillip Benezra
Property Solutions Plus
Buyer's Agent
Dennis Dickstein
Real Estate One-W Blmfld
List Price
$449,900
Sold Price
$380,000
Premium/Discount to List
-$69,900
-15.54%
Current Estimated Value
$504,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,771
Avg. Annual Appreciation
4.17%
Original Mortgage
$304,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2012
Sold by
Cohen Bradley and Cohen Lonnee
Bought by
Ben Ezra Ioana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,021
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 29, 2010
Sold by
Ben Ezra Ioana
Bought by
Cohen Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2006
Sold by
Ben Ezra Ioana and Lewis Ioana
Bought by
Ben Ezra Ioana

Purchase Details

Closed on
Apr 20, 2005
Sold by
Stone Nathan M and Stone Wendy E
Bought by
Lewis Ioana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac
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
Michaelson Jeremy $380,000 None Available
Ben Ezra Ioana $226,000 None Available
Cohen Bradley $167,000 Title Connect Llc
Ben Ezra Ioana -- Alpha Title Agency Inc
Lewis Ioana -- Capital Title Ins Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michaelson Jeremy $292,500
Closed Michaelson Jeremy $304,000
Previous Owner Ezra Ioana Ben $10,000
Previous Owner Ben Ezra Ioana $194,021
Previous Owner Ben Ezra Phillip $78,175
Previous Owner Cohen Bradley $100,000
Previous Owner Ben Ezra Ioana $304,000
Previous Owner Lewis Ioana $297,900
Previous Owner Lewis Ioana $236,000
Previous Owner Lewis Ioana $28,000
Previous Owner Stone Nathan M $61,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2019 05/24/19 Sold $380,000 -15.5% $141 / Sq Ft
03/28/2019 03/28/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $449,900 -- $167 / 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 $6,279 $190,640 $30,940 $159,700
2022 $6,032 $161,840 $25,740 $136,100
2021 $5,730 $152,200 $25,740 $126,460
2020 $5,711 $148,950 $25,740 $123,210
2018 $5,247 $132,420 $0 $0
2015 -- $112,760 $0 $0
2014 -- $111,650 $0 $0
2011 -- $103,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219017051

Realcomp

APN: 23-01-177-006