NOT LISTED FOR SALE

32696 Ravine Dr Unit 7 Franklin, MI 48025

Estimated Value: $986,000 - $1,177,000

3 Beds
3.5 Baths
2,335 Sq Ft
$600/mo HOA Fee

Last Sold October 14, 2024

Last sale price $1,092,000 $468 Per Sq Ft

Current estimated payment $6,789/month

52 Days on Market

Highlights

  • Deck
  • Ground Level Unit
  • 2 Car Detached Garage
  • Wylie E. Groves High School Rated A+
  • Balcony
  • Patio

About This Home

As of October 2024

Introducing this rarely available renovated home at the highly sought-after Ravines Condominiums in Downtown Franklin designed by award-winning architect Sigmund Blum! This private residence boasts over 3,200 square feet of living space including 3 bedrooms and a finished walk-out level featuring custom cabinets throughout each room. Enjoy stunning wooded or village views from one of your four outdoor spaces or wall-to-wall windows. The large, open living room features bespoke millwork, a custom chandelier alongside recessed lighting, and a gas fireplace. From here, step directly on to the lovely deck with views of the lush ravine, perfect for entertaining. The finished walk-out basement offers ample living space, a full bath, laundry facilities, and a spacious outdoor area overlooking the ravine. The updated kitchen is a chef's dream with solid wood cabinetry, quartz countertops, a spacious peninsula with bar stools and top-of-the-line appliances, including two dishwashers. The primary bedroom offers a private balcony with treetop views, a custom wall unit, a huge custom walk-in closet, and an ensuite primary bath with skylights. The two additional spacious bedrooms, one currently set up as a home office with custom wood office cabinetry, provide ample space for family or guests. All bedrooms are equipped with ceiling fans for added comfort. Mechanical updates include a new Generac Generator (2024), A/C (2023), water system (2023). A custom electronic system allows floor-by-floor temperature control. With only 14 units in the complex, this exclusive residence offers a unique and luxurious living experience! Floorplans at the end of Photostream.

Last Agent to Sell the Property

Lisa Nederlander

@properties Christie's Int'l R.E. Birmingham License #6501397405 Listed on: 07/26/2024

@properties Christie's Int'l R.E. Birmingham

Last Buyer's Agent

Ronna Schmerin

Max Broock, REALTORS®-Birmingham License #6501369751

Max Broock, REALTORS®-Birmingham

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1972 | Remodeled in 2012

Lot Details

  • 7,841

HOA Fees

  • $600 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Rubber Roof

Interior Spaces

  • 2,335 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Exterior Lighting

Utilities

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

Additional Features

  • Private Entrance
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 2406226030

Community Details

Overview

  • Kim Mosey/Patti Cadmar Association, Phone Number (248) 758-8910
  • Village Ravines Occpn 132 Subdivision
  • On-Site Maintenance

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,331

Year Built

Built in 1972 | Remodeled in 2012

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Property Type: Condominium
  • Architecture Level: 2 Story
  • Assessment: 655.00
  • Year Built: 1972
  • State Equalized Value: 310420.0000
  • Year Renovated: 2012
  • Entry Location: Ground Level
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walk-Out Access, Private
  • Total Sq Ft: 2335

Exterior Features

  • Roof Material: Rubber
  • Foundation Details: Basement
  • Construction Materials: Wood
  • Exterior Features: Grounds Maintenance, Lighting, Private Entry
  • Foundation Materials: Poured
  • Porch Type: Balcony, Deck, Patio
  • Road Frontage Type: Paved
  • Sideof Street: E

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Electricity, Door Opener, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Well (Existing), Community

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Grounds, Trash
  • Association Fee Frequency: Monthly
  • Phone: 248-758-8910
  • Association Fee: 600
  • Association Contact: Kim Mosey/Patti Cadmar
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • Parcel Number: 2406226030

Tax Info

  • Tax Amount Summer: 5521.0000
  • Tax Amount Winter: 810.0000
  • Total Tax: 6331.0000
  • Taxable Value: 162450.0000

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Oct 14, 2024
Sold by
Edelson Gayle and Edelson Alan
Bought by
Solomon Stephen Eliot and Solomon Nancy
Seller's Agent
Lisa Nederlander
@properties Christie's Int'l R.E. Birmingham
Buyer's Agent
Ronna Schmerin
Max Broock, REALTORS®-Birmingham
List Price
$1,185,000
Sold Price
$1,092,000
Premium/Discount to List
-$93,000
-7.85%
Views
55
Current Estimated Value
$1,094,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,090
Avg. Annual Appreciation
0.17%

Purchase Details

Listed on
Apr 26, 2012
Closed on
Jul 2, 2012
Sold by
Stamell Erik S and Grace H Rosman Revocable Trust
Bought by
Edelson Alan and Edelson Gayle
Seller's Agent
Carl P Cohen
KW Domain
Buyer's Agent
Carl P Cohen
KW Domain
List Price
$284,900
Sold Price
$268,000
Premium/Discount to List
-$16,900
-5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.11%

Purchase Details

Closed on
Mar 29, 2002
Sold by
Rosman Grace H
Bought by
Grace H Rosman Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Solomon Stephen Eliot $1,092,000 Ata National Title
Edelson Alan $268,000 None Available
Grace H Rosman Tr -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2024 10/14/24 Sold $1,092,000 -7.8% $468 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $1,185,000 +342.2% $507 / Sq Ft
07/03/2012 07/03/12 Sold $268,000 -5.9% $115 / Sq Ft View Prior Sale
05/30/2012 05/30/12 Pending -- -- --
04/26/2012 04/26/12 For Sale $284,900 -- $122 / 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 $5,133 $339,950 $0 $0
2023 $5,521 $310,420 $0 $0
2022 $5,267 $282,970 $0 $0
2021 $5,245 $264,150 $0 $0
2020 $4,476 $259,450 $0 $0
2019 $4,078 $252,450 $0 $0
2018 $5,286 $237,450 $0 $0
2017 $5,357 $237,450 $0 $0
2016 $4,946 $236,470 $0 $0
2015 -- $224,490 $0 $0
2014 -- $176,590 $0 $0
2011 -- $114,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240053365

Realcomp

APN: 24-06-226-030