NOT LISTED FOR SALE

38361 Lana Ct Farmington Hills, MI 48335

Estimated Value: $491,000 - $610,000

3 Beds
3.5 Baths
2,539 Sq Ft
$220/Sq Ft Est. Value

Last Sold June 12, 2019

Last sale price $321,000 $126 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,559/month

17 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Patio
  • Hillside Elementary School Rated A-
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of June 2019

ON-SITE PUBLIC AUCTION - SATURDAY MAY 4th 11:00 am - ONLY SHOWINGS AT OPEN HOUSE MAY 2nd & 3rd between 12pm - 6pm - OPENING BID $100,000 - All property sold "AS-IS". A 7% buyers premium will be added to the winning bid. In order to bid you must bring a $5,000 cashiers check (or cash) made out to yourself to the auction. Auction will be held on site at 38361 Lana Court. No contingencies will apply. Closing will occur at title company within 30 days. Possession at closing, unless other arraignments agreed to. Verbal announcements at auction, take precedence over printed terms. ALL SALES ARE SUBJECT TO APPROVAL OF ESTATE REPRESENTATIVE.

Last Agent to Sell the Property

Russ Patterson

Metro West Real Estate LLC License #6501254695 Listed on: 04/17/2019

Last Buyer's Agent

Russ Patterson

Metro West Real Estate LLC License #RCO-6501254695

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1984

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 110.00x158.00

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2,539 Sq Ft Home
  • Living Room with Fireplace
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

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

Community Details

  • No Home Owners Association
  • Heritage Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2330453027

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,843

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 66.17
  • Year Built: 1984
  • Special Features: Auction
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 2539

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Porch Type: Patio
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 937500.0000
  • Lot Size Area: 0.40
  • Lot Dimensions: 110.00X158.00
  • Parcel Number: 2330453027

Tax Info

  • Tax Amount Summer: 4732.0000
  • Tax Amount Winter: 1111.0000
  • Total Tax: 5843.0000

MLS Schools

  • School District: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2019
Closed on
Jun 12, 2019
Sold by
Merrell David S and Merrell Nancy H
Bought by
Vu Lam Ngoc
Seller's Agent
Russ Patterson
Metro West Real Estate LLC
Buyer's Agent
Russ Patterson
Metro West Real Estate
List Price
$375,000
Sold Price
$321,000
Premium/Discount to List
-$54,000
-14.4%
Current Estimated Value
$558,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,280
Avg. Annual Appreciation
9.06%
Original Mortgage
$225,000
Outstanding Balance
$197,830
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$360,450
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
Vu Lam Ngoc $300,000 Reputation First Ttl Agcy Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vu Lam Ngoc $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2019 06/12/19 Sold $321,000 -14.4% $126 / Sq Ft
05/04/2019 05/04/19 Pending -- -- --
04/17/2019 04/17/19 For Sale $375,000 -- $148 / 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 $7,480 $221,630 $35,000 $186,630
2022 $7,187 $190,120 $30,730 $159,390
2021 $8,129 $179,940 $30,730 $149,210
2020 $7,099 $185,150 $30,730 $154,420
2018 $5,843 $188,180 $0 $0
2015 -- $158,580 $0 $0
2014 -- $132,310 $0 $0
2011 -- $121,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219034321

Realcomp

APN: 23-30-453-027