NOT LISTED FOR SALE

38916 Cheshire Farmington Hills, MI 48335

Estimated Value: $469,000 - $580,000

4 Beds
3 Baths
2,452 Sq Ft
$211/Sq Ft Est. Value

About This Home

This home is located at 38916 Cheshire, Farmington Hills, MI 48335 and is currently estimated at $518,211, approximately $211 per square foot. 38916 Cheshire is a home located in Oakland County with nearby schools including Gill Elementary School, Power Middle School, and Farmington High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2023
Sold by
Patel Jay
Bought by
Patel Jay and Patel Mamta K
Current Estimated Value
$518,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Outstanding Balance
$311,011
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$207,200

Purchase Details

Closed on
Sep 1, 2017
Sold by
Patel Kirit and Patel Yaminiben
Bought by
Patel Kirit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,600
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2010
Sold by
Barnes Marleigh I and Durant Dwayne L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 10, 2005
Sold by
Selective Delaware Llc
Bought by
Barnes Marleigh I
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
Patel Jay -- None Listed On Document
Patel Jay $395,000 None Listed On Document
Patel Jay $395,000 None Listed On Document
Patel Kirit -- None Available
Federal National Mortgage Association $281,289 None Available
Barnes Marleigh I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Jay $316,000
Closed Patel Jay $316,000
Previous Owner Patel Kirit $245,600
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 $7,057 $193,320 $35,000 $158,320
2022 $4,936 $165,290 $27,500 $137,790
2021 $5,605 $155,670 $27,500 $128,170
2020 $4,674 $161,100 $27,500 $133,600
2018 $5,145 $152,920 $0 $0
2015 -- $119,190 $0 $0
2014 -- $108,790 $0 $0
2011 -- $101,340 $0 $0
Source: Public Records

Map

Michigan Oakland County Farmington Hills 48167

38916 Cheshire, Farmington Hills, MI

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