NOT LISTED FOR SALE

39311 Silverthorne Bend Unit 5 Farmington, MI 48331

Estimated Value: $498,000 - $591,000

3 Beds
2.5 Baths
2,294 Sq Ft
$239/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $500,000 $218 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,778/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Covered patio or porch
  • Forced Air Heating System
  • Hillside Elementary School Rated A-
  • 2 Car Attached Garage
  • ENERGY STAR/Reflective Roof

About This Home

As of July 2022

Location, Location,Location!!! Fabulous East facing 3 bed & 2.5 bath colonial house in the highly desirable Legacy Oaks subdivision. House comes with several upgrades - stainless steel kitchen appliances (2022 dishwasher & microwave), granite countertops, hardwood flooring all through first floor, maintenance free/oversized Trex deck, upgraded Master bath, 2022 fresh paints all through, & 2019 2nd floor high-end carpet. Master suite comes with his & her walk-in closets & fashion bath.2nd floor laundry. Spacious partial finished walkout basement prepared for future bath. Close & easy access to freeways, shopping, dining & hospitals. Award winning North Farmington high school and Steam Academy. Priced to sell!!! Hurry! Won't last. BATVAI!

Last Agent to Sell the Property

Soman Phillip Chacko

Real Estate One-W Blmfld License #6501303411 Listed on: 06/15/2022

Real Estate One-W Blmfld

Last Buyer's Agent

Neal Parikh

Choice Real Estate Services License #RCO-6502341035

Choice Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2010

Lot Details

  • Lot Dimensions are 71.67 x 105.43
  • Property fronts a private road

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,294 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Gas Fireplace
  • Family Room with Fireplace
  • Unfinished Basement
  • Sump Pump

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service

Additional Features

  • ENERGY STAR/Reflective Roof
  • Covered patio or porch
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 2307307005
  • $1,000 Seller Concession

Community Details

Overview

  • Legacy Oaks Homeowners Association, Phone Number (248) 915-6068
  • Legacy Oaks Occpn 1923 Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,249

Year Built

Built in 2010

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 65.51
  • Year Built: 2010
  • State Equalized Value: 170890.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: 100 Amp Service, Furnished - Partially
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished, Walk-Out Access
  • Sq Ft Combined: 2294
  • Total Sq Ft: 2294
  • Sq Ft Total Bsmt: 987

Exterior Features

  • Roof Material: ENERGY STAR® Shingles
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 72
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Private
  • Sideof Street: E

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee Frequency: Monthly
  • Phone: 248-915-6068 rrajkumar100@yahoo.com
  • Association Fee: 90
  • Association Contact: Legacy Oaks Homeowners Association
  • Association Fee: Yes

Schools

  • School District: Farmington

Lot Info

  • Homestead: Yes
  • Lot Dimensions: 71.67 X 105.43
  • Parcel Number: 2307307005

Tax Info

  • Tax Amount Summer: 4184.0000
  • Tax Amount Winter: 1065.0000
  • Total Tax: 5249.0000

MLS Schools

  • School District: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Jul 29, 2022
Sold by
Kartik Karanth
Bought by
Karanth Kartik and Maiya She
Seller's Agent
Soman Phillip Chacko
Real Estate One-W Blmfld
Buyer's Agent
Neal Parikh
Choice Real Estate Services
List Price
$484,900
Sold Price
$500,000
Premium/Discount to List
$15,100
3.11%
Current Estimated Value
$549,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,245
Avg. Annual Appreciation
3.20%
Original Mortgage
$425,000
Outstanding Balance
$409,558
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$139,435

Purchase Details

Listed on
May 18, 2015
Closed on
Jul 7, 2015
Sold by
Pavuluri Venu M and Yanamadala Kalpana
Bought by
Viswanadham Santosh Kumar and Jayanthi Meenakshi
Seller's Agent
Soman Phillip Chacko
Real Estate One-W Blmfld
Buyer's Agent
Sharon Spindler
Real Estate One-W Blmfld
List Price
$334,900
Sold Price
$325,000
Premium/Discount to List
-$9,900
-2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$260,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2010
Sold by
Breault Construction Inc
Bought by
Pavuluri Venu M and Yanamadala Kalpana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2010
Sold by
Cw Development Llc
Bought by
Breault Construction Inc
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
Karanth Kartik -- --
Karanth Kartik $500,000 None Listed On Document
Viswanadham Santosh Kumar $325,000 Attorney
Pavuluri Venu M $239,960 None Available
Breault Construction Inc $352,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karanth Kartik $425,000
Previous Owner Swanadhani Santosh $233,400
Previous Owner Viswanadham Santosh Kumar $237,000
Previous Owner Viswanadham Santosh Kumar $257,000
Previous Owner Viswanadham Santosh Kumar $260,000
Previous Owner Pavuluri Venu M $247,500
Previous Owner Pavuluri Venu M $196,000
Previous Owner Pavuluri Venu M $227,000
Previous Owner Breault Construction Inc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $500,000 +3.1% $218 / Sq Ft
06/19/2022 06/19/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $484,900 +49.2% $211 / Sq Ft
07/07/2015 07/07/15 Sold $325,000 -3.0% $142 / Sq Ft
06/01/2015 06/01/15 Pending -- -- --
05/18/2015 05/18/15 For Sale $334,900 -- $146 / 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 $7,865 $246,520 $45,000 $201,520
2022 $7,556 $194,420 $37,500 $156,920
2021 $7,601 $170,890 $37,500 $133,390
2020 $6,358 $173,300 $37,500 $135,800
2018 $7,136 $167,460 $0 $0
2015 -- $131,960 $0 $0
2014 -- $129,700 $0 $0
2011 -- $114,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221004866

Realcomp

APN: 23-07-307-005