NOT LISTED FOR SALE

35471 Heritage Ln Unit 8 Farmington, MI 48335

Estimated Value: $305,000 - $314,475

3 Beds
2.5 Baths
1,706 Sq Ft
$181/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $275,000 $161 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,651/month

26 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 3-minute walk to Drake Park
  • Longacre Elementary School Rated A-
  • Ceiling Fan

About This Home

As of November 2023

Beautiful and spacious interior unit, nicely situated in the complex with access to main roads and commons area! This lovely home offers two bedrooms on the main floor and a spacious master suite w/private bath, a large living room, dining area, and a first floor laundry. The finished basement offers additional sunny space for entertaining and for storage. There is a community pool and clubhouse, and the location is great, only about a mile from the vibrant Downtown Farmington, and across the street from Drake Park. Simplify life with condo living! Better hurry on this one!

Last Agent to Sell the Property

Paul Mruk

RE/MAX Classic License #6501241822 Listed on: 08/31/2023

RE/MAX Classic

Last Buyer's Agent

Neal Parikh

Choice Real Estate Services License #RCO-6502341035

Choice Real Estate Services

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 1973

Lot Details

  • 1

HOA Fees

  • $570 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,706 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 202329276008

Community Details

Overview

  • Inrhodes Management Association, Phone Number (248) 652-8221
  • Heritage Village West Occpn 181 Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,456

Year Built

Built in 1973

Lot Details

0

HOA Fees

$570 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Townhouse
  • Architecture Level: 2 Story
  • Year Built: 1973
  • State Equalized Value: 111490.0000
  • Year Renovated: 1973
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Refrigerator, Gas Cooktop, Washer
  • Sq Ft Combined: 2406
  • Sq Ft Lower Floor: 700
  • Total Sq Ft: 1706
  • Sq Ft Total Bsmt: 798

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Electricity, Door Opener, Attached
  • 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: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: (248) 652-8221
  • Association Fee: 570
  • Association Contact: Inrhodes management
  • Association Fee: Yes

Schools

  • School District: Farmington

Lot Info

  • Parcel Number: 202329276008

Tax Info

  • Tax Amount Summer: 2602.0000
  • Tax Amount Winter: 854.0000
  • Total Tax: 3456.0000
  • Taxable Value: 111490.0000

MLS Schools

  • School District: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Oct 31, 2023
Sold by
Oklin Richard and Oklin Monica M
Bought by
Ramalingam Rajalakshmi and Maharajan Srinivasan
Seller's Agent
Paul Mruk
RE/MAX Classic
Buyer's Agent
Neal Parikh
Choice Real Estate Services
List Price
$287,500
Sold Price
$275,000
Premium/Discount to List
-$12,500
-4.35%
Views
1060
Current Estimated Value
$300,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,507
Avg. Annual Appreciation
4.50%

Purchase Details

Closed on
May 24, 2005
Sold by
Even Odore
Bought by
Oklin Richard and Yamada Oklin Monica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Ramalingam Rajalakshmi $275,000 None Listed On Document
Oklin Richard $172,000 Interstate Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oklin Richard $26,000
Previous Owner Oklin Richard $18,000
Previous Owner Oklin Richard $137,600
Previous Owner Oklin Richard $25,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2023 11/02/23 Sold $275,000 -4.3% $161 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/11/2023 09/11/23 For Sale $287,500 0.0% $169 / Sq Ft
09/02/2023 09/02/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $287,500 0.0% $169 / Sq Ft
09/23/2022 09/23/22 Rented $2,000 0.0% --
09/08/2022 09/08/22 Under Contract -- -- --
09/01/2022 09/01/22 For Rent $2,000 +17.6% --
07/29/2013 07/29/13 Rented $1,700 0.0% --
07/26/2013 07/26/13 Under Contract -- -- --
07/19/2013 07/19/13 For Rent $1,700 -- --
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 $5,229 $133,530 $0 $0
2023 $2,749 $124,270 $0 $0
2022 $3,456 $111,490 $0 $0
2021 $3,356 $111,400 $0 $0
2020 $2,515 $104,560 $0 $0
2019 $3,260 $93,950 $0 $0
2018 $3,036 $78,760 $0 $0
2017 $2,967 $78,760 $0 $0
2016 $2,933 $66,740 $0 $0
2015 -- $56,900 $0 $0
2014 -- $51,710 $0 $0
2011 -- $61,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230071969

Realcomp

APN: 23-29-276-008