NOT LISTED FOR SALE

38285 W 12 Mile Rd Farmington Hills, MI 48331

Estimated Value: $404,401

-- Bed
-- Bath
2,899 Sq Ft
$139/Sq Ft Est. Value

About This Home

This home is located at 38285 W 12 Mile Rd, Farmington Hills, MI 48331 and is currently estimated at $404,401, approximately $139 per square foot. 38285 W 12 Mile Rd is a home located in Oakland County with nearby schools including Hillside Elementary School, East Middle School, and North Farmington High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2024
Sold by
G D Properties Llc
Bought by
Marlett-Wixom House Llc
Current Estimated Value
$404,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$315,513
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$88,888
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Marlett-Wixom House Llc -- None Listed On Document
Marlett-Wixom House Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marlett-Wixom House Llc $320,000
Closed Marlett-Wixom House Llc $320,000
Source: Public Records

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 $8,543 $283,870 $117,870 $166,000
2022 $8,162 $258,080 $117,870 $140,210
2021 $9,893 $248,870 $117,870 $131,000
2020 $7,537 $235,850 $125,020 $110,830
2018 $9,006 $208,480 $0 $0
2015 -- $160,080 $0 $0
2014 -- $162,000 $0 $0
2011 -- $186,590 $0 $0
Source: Public Records

Map

Michigan Oakland County Farmington Hills 48331

38285 W 12 Mile Rd, Farmington Hills, MI

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