NOT LISTED FOR SALE

37283 Timberview Ln Farmington Hills, MI 48331

Estimated Value: $1,034,000 - $1,228,624

0.48 Acre
$2,281,575 Price per Acre
20,909 Sq Ft Lot

Last Sold August 21, 2017

Last sale price $90,000 $20 Per Sq Ft

Est. 1,117% increase in value since last sale

Current estimated payment $7,092/month

87 Days on Market

Highlights

  • Home fronts a pond
  • Hilly Lot
  • Lot Has A Rolling Slope
  • Forest Elementary School Rated A-
  • Wooded Lot

About This Lot

As of August 2017

Prestigious Whispering Woods Sub Lot #15 Is One Of The Largest Lots In The Private Cul-De-Sac; Surrounded By Mature Wooded Area & Luxurious Home!! Bring Your Own Builder Or Use Ours To Build Your Estate w/ Possible Walk-Out Or Daylight Basement! Municipal Utilities Already There, Paved Street, Sidewalk & Association Already Established! Ready For You To Get Started! Land Contract Possible Call For Details

Last Agent to Sell the Property

Andrea Gotcher

Resource Realty Group License #6502431234 Listed on: 05/23/2017

Last Buyer's Agent

No Member

Non Member Sales

Property Details

Property Type

  • Land

Lot Details

  • 0.48 Acre Lot
  • Home fronts a pond
  • Lot Has A Rolling Slope
  • Hilly Lot
  • Wooded Lot
  • Property is zoned KV, KV

HOA Fees

  • $38 Monthly HOA Fees

Location

  • Mineral Rights

Utilities

  • Phone Connected
  • Cable TV Available

Community Details

  • Property is near a ravine

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Waterfront3: Yes
  • Tax Info:Annual Property Tax: 2265.98
  • Tax Info:Zoning3: KV
  • Lot Description:Wooded: Yes
  • Utilities Attached:Electric4: Yes
  • Utilities Attached:Natural Gas: Yes
  • Lot Description:Ravine: Yes
  • Util Avail at Street:Cable2: Yes
  • Lot Description:Rolling Hills: Yes
  • Utilities Attached:Telephone Line: Yes
  • Mineral Rights:Available: Yes
  • Utilities Attached:Public Water2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 124999.0
  • Lot Features: Ravine, Rolling Hills, Site Condo, Sidewalk, Wooded
  • Road Surface Type: Paved
  • Water Body Name: Pond
  • Waterfront Features: Pond
  • Waterfront: Yes

Utilities

  • Utilities: Phone Connected, Public Water Connected, Natural Gas Connected, Electric Connected, Storm Sewer Available, Cable Available

Condo/Co-op/Association

  • Association Fee: 450.0
  • Association Fee Frequency: Annually
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 450.0
  • Association Info:Assoc Fee Payable: Annually

Lot Info

  • Lot Size Acres: 0.48
  • Lot Size Area: 0.48
  • Lot Size Sq Ft: 20778.0
  • Zoning Description: KV
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2265.98
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2017
Closed on
Aug 25, 2017
Sold by
Bhamidipati Sriram and Bhamidipati Hemalata
Bought by
Qarana Sammy Y and Qarana Evon E
Seller's Agent
Andrea Gotcher
Resource Realty Group
Buyer's Agent
No Member
Non Member Sales
List Price
$124,999
Sold Price
$90,000
Premium/Discount to List
-$34,999
-28%
Current Estimated Value
$1,095,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,005,156
Avg. Annual Appreciation
35.68%

Purchase Details

Closed on
Mar 16, 2009
Sold by
Independent Bank Corporation
Bought by
Land Holdings Llc

Purchase Details

Closed on
Dec 18, 2007
Sold by
Whispering Woods Estates Llc
Bought by
Independent Bank

Purchase Details

Closed on
Jan 23, 2007
Sold by
Archon Development Inc
Bought by
Imperial Construction Co Inc
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
Qarana Sammy Y -- First Centennial Title Agenc
Land Holdings Llc -- None Available
Independent Bank $1,043,572 None Available
Imperial Construction Co Inc $77,204 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2017 08/21/17 Sold $90,000 -28.0% $20 / Sq Ft
08/18/2017 08/18/17 Pending -- -- --
05/23/2017 05/23/17 For Sale $124,999 -- $28 / Sq Ft
Source: MichRIC

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 $15,859 $448,960 $100,000 $348,960
2022 $15,237 $421,850 $40,000 $381,850
2021 $17,157 $401,980 $40,000 $361,980
2020 $14,377 $398,200 $40,000 $358,200
2018 $2,183 $40,000 $0 $0
2015 -- $40,000 $0 $0
2014 -- $40,000 $0 $0
2011 -- $40,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrea Gotcher

    Seller's Agent in 2017

    Andrea Gotcher

    Resource Realty Group

    (248) 825-7500

    96 Total Sales

    Andrea Gotcher
    Section Image

  • N

    Buyer's Agent in 2017

    No Member

    Non Member Sales

See All Agents

Map

Source: MichRIC

MLS Number: 22531

MichRIC

APN: 23-08-304-015

Michigan Oakland County Farmington Hills 48331

37283 Timberview Ln, Farmington Hills, MI

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