$392,500
SOLD AUG 25, 2020

5300 Franklin Ridge Cir West Bloomfield, MI 48322

4 Beds
4.5 Baths
2,644 Sq Ft
0.5 Acres

Recently Sold

$148 Per Sq Ft

1% Above List Price

13 Days on Market

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • 2 Car Direct Access Garage
  • Deck
  • Double Oven
  • Forced Air Heating and Cooling System

About This Home

As of August 2020

Great opportunity in central location. Completely remodeled colonial. everything removed down to the studs and beams. Cul-de-sac with private backyard. 4 bedrooms, 4 baths and 1 lav. Master suite has private bath and 2 walk-in closets. Princess suite with private bath. Large office with slanted ceiling. All new almost everything: American Woodmark kitchen cabinets w/ granite counters, SS appliances, ceramic floors in kitchen, breakfast, laundry, all baths tiled floor to ceiling and Carrera marble counters on all new vanities, Bruce hardwood floors in living, dining, family and office, garage door, furnace, A/C, blinds, shrubs and a lot more. Finished basement with egress window, full bath, and ample storage. All work done with city permit and due to partial fire caused by forgotten candles in office. closing shall be contingent on certificate of occupancy issued by the city. All measurements are approximate.

Last Agent to Sell the Property

Shadia Martini

Great Estates Realty LLC License #6502356016 Listed on: 06/23/2020

Last Buyer's Agent

Kevin Elam

Ambassador Real Estate Inc License #RCO-6501259583

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1973 | Remodeled in 2020

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 120x135

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,644 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Finished Basement

Kitchen

  • Double Oven
  • Electric Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Deck
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 1835477062
  • $9,000 Seller Concession

Community Details

Overview

  • Franklin Ridge Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,698

Year Built

Built in 1973 | Remodeled in 2020

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1973
  • State Equalized Value: 154860.0000
  • Year Renovated: 2020
  • Entry Location: Ground Level
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 16
  • Total Bedrooms: 4
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Electric Cooktop, Dryer, Microwave, Double Oven, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 3644
  • Sq Ft Lower Floor: 1000
  • Total Sq Ft: 2644
  • Sq Ft Total Bsmt: 1168

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 120
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener
  • 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: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 300
  • Association Fee: Yes

Schools

  • School District: Farmington

Lot Info

  • List Price per Acre: 778000.0000
  • Lot Size Area: 0.50
  • Lot Dimensions: 120x135
  • Parcel Number: 1835477062

Tax Info

  • Tax Amount Summer: 3945.0000
  • Tax Amount Winter: 3753.0000
  • Total Tax: 7698.0000
  • Taxable Value: 154860.0000

MLS Schools

  • School District: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2020
Closed on
Aug 25, 2020
Sold by
Rifai Mahmoud Faisal and Sergie Maha
Bought by
Ray Damone
Seller's Agent
Shadia Martini
Great Estates Realty LLC
Buyer's Agent
Kevin Elam
Ambassador Real Estate Inc
List Price
$389,000
Sold Price
$392,500
Premium/Discount to List
$3,500
0.9%
Current Estimated Value
$528,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,656
Avg. Annual Appreciation
7.92%
Original Mortgage
$372,875
Outstanding Balance
$336,118
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$234,584

Purchase Details

Closed on
Jun 8, 2016
Sold by
Rifai Mahmoud Faisal and Sergie Maha
Bought by
Rifai Mahmoud Faisal and Sergie Maha

Purchase Details

Listed on
Mar 25, 2016
Closed on
Mar 18, 2016
Sold by
Lefton Neil and Lefton Cathi
Bought by
Rifai Mahmoud Faisal and Sergie Maha
Seller's Agent
Shadia Martini
Great Estates Realty LLC
Buyer's Agent
Crystal Harlow
Brookstone, Realtors LLC
Sold Price
$2,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.51%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $392,500 Devon Title Agency
Interfamily Deed Transfer -- None Available
Warranty Deed $290,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $57,300 Credit Line Revolving
Open $372,875 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2020 08/25/20 Sold $392,500 +0.9% $148 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $389,000 0.0% $147 / Sq Ft
04/05/2016 04/05/16 Rented $2,300 0.0% --
03/25/2016 03/25/16 For Rent $2,300 0.0% --
03/18/2016 03/18/16 Sold $290,000 -9.3% $110 / Sq Ft
01/22/2016 01/22/16 Pending -- -- --
09/16/2015 09/16/15 For Sale $319,900 -- $121 / 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 $4,540 $260,930 $0 $0
2022 $4,041 $212,140 $48,850 $163,290
2021 $7,391 $195,980 $0 $0
2020 $3,089 $117,120 $48,850 $68,270
2018 $8,022 $157,540 $35,050 $122,490
2015 -- $123,900 $0 $0
2014 -- $120,670 $0 $0
2011 -- $116,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200047210

Realcomp

APN: 18-35-477-062