NOT LISTED FOR SALE

32702 Ravine Dr Unit 10 Franklin, MI 48025

Estimated Value: $646,109 - $869,000

2 Beds
2.5 Baths
2,263 Sq Ft
$500/mo HOA Fee

Last Sold July 24, 2020

Last sale price $510,000 $225 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,391/month

50 Days on Market

Highlights

  • Built-In Freezer
  • Deck
  • Wooded Lot
  • Wylie E. Groves High School Rated A+
  • Contemporary Architecture
  • Stainless Steel Appliances

About This Home

As of July 2020

Located in the heart of Downtown Franklin, this custom 2 bed, 2.1 bath contemporary townhouse offers all of the comforts for living and entertaining. Feel the WOW factor when you open the door! Open floor plan w/modern style & design features hardwood flooring & neutral color tones. Living room with fireplace, large open windows and doorwall to back deck. Spacious dining room overlooks living room and opens to galley kitchen with stainless steel appliances, butler’s pantry and sun-filled breakfast area w/doorwall to front patio. Retreat to the 2nd floor master suite w/private balcony overlooking woods, extensive closet space, and marble bath. Additional full bath and 2nd bedroom w/private balcony complete the 2nd floor. Finished walkout lower level offers additional living space. Seamless indoor outdoor entertaining on front fenced patio or large back deck.

Last Agent to Sell the Property

Katherine Broock

Max Broock, REALTORS®-Birmingham License #6501240456 Listed on: 05/12/2020

Max Broock, REALTORS®-Birmingham

Last Buyer's Agent

Nick Petrucci

@properties Christie's Int'l R.E. Birmingham License #6501391622

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

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1972

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Poured Concrete

Interior Spaces

  • 2,263 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Built-In Electric Range
  • Range Hood
  • Built-In Freezer
  • Built-In Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Natural lighting in basement

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Exterior Lighting

Utilities

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

Additional Features

  • Wooded Lot
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 2406226033

Community Details

Overview

  • Village Ravines Occpn 132 Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,793

Year Built

Built in 1972

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Year Built: 1972
  • State Equalized Value: 226060.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Total Bedrooms: 2
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Built-In Freezer, Built-In Electric Range, Range Hood, Built-In Refrigerator, Stainless Steel Appliance(s), Washer
  • Total Sq Ft: 2263

Exterior Features

  • Foundation Details: Basement
  • Exterior Features: Grounds Maintenance, Lighting
  • Foundation Materials: Poured
  • Porch Type: Balcony, Deck, Patio
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fee: 500
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • List Price per Acre: 3272222.2222
  • Lot Features: Wooded
  • Parcel Number: 2406226033

Tax Info

  • Tax Amount Summer: 2756.0000
  • Tax Amount Winter: 1037.0000
  • Total Tax: 3793.0000
  • Taxable Value: 124520.0000

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
Jul 24, 2020
Sold by
Albrecht Katherine B and The Ivan M Forbes Trust
Bought by
St Onge Marjorie
Seller's Agent
Katherine Broock
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Nick Petrucci
@properties Christie's Int'l R.E. Birmingham
List Price
$589,000
Sold Price
$510,000
Premium/Discount to List
-$79,000
-13.41%
Current Estimated Value
$782,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,027
Avg. Annual Appreciation
8.37%
Original Mortgage
$400,000
Outstanding Balance
$354,029
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$427,998

Purchase Details

Closed on
Jun 4, 2009
Sold by
Greenstone Robert J and Ruth Greenstone Trust
Bought by
Ivan M Forbes Trust and Forbes Ivan M
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
St Onge Marjorie $510,000 None Available
Ivan M Forbes Trust $255,057 Philip R Seaver Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open St Onge Marjorie $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2020 07/24/20 Sold $510,000 -13.4% $225 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $589,000 -- $260 / 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 $9,232 $300,210 $0 $0
2023 $8,819 $274,200 $0 $0
2022 $8,127 $250,140 $0 $0
2021 $8,381 $231,130 $0 $0
2020 $3,773 $226,060 $0 $0
2019 $3,437 $220,410 $0 $0
2018 $4,455 $210,840 $0 $0
2017 $4,515 $210,840 $0 $0
2016 $4,169 $210,180 $0 $0
2015 -- $196,880 $0 $0
2014 -- $155,860 $0 $0
2011 -- $108,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200031983

Realcomp

APN: 24-06-226-033