NOT LISTED FOR SALE

73873 Franklin Ln Armada, MI 48005

Estimated Value: $300,000 - $313,000

3 Beds
1 Bath
1,650 Sq Ft
$187/Sq Ft Est. Value

Last Sold May 30, 2018

Last sale price $185,000 $112 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,968/month

10 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Corner Lot
  • Orville C. Krause Elementary School Rated A-
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of May 2018

Right in the heart of Downtown Armada. Walk to everything. Cape Cod/Tri Level Style Home just waiting for some of your cosmetic touches. 3 Bdrms, 1.5 Baths, Living Room & Family Room, Lower Level Laundry. Includes all Appliances with washer/dryer (dishwasher not working). New Furnace 2017, remodeled baths, Windows just over 10 yrs. Pergo Hardwood Floors & More. Large Corner Lot. Immediate Occupancy. Call it yours Today!! Property Under Surveillance. SOLD AS IS, SELLER MAKES NO REPAIRS. Taxes Non Homestead

Last Agent to Sell the Property

Michelle Naumovski

RE/MAX First License #MISPE-6501310386 Listed on: 04/17/2018

RE/MAX First

Last Buyer's Agent

Sarah Varilek

Max Broock, REALTORS®-Birmingham License #RCO-6501364327

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1979

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 90x120
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Split Level Home
  • Tri-Level Property
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Finished Basement
  • Block Basement Construction

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Armada Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25-02-24-330-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,286

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Cape Cod, Split Level
  • Structure Style: Tri-Level
  • Total Tax Amount: 3285.95
  • Year Built: 1979
  • Mail City: Armada
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Block, Finished
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 13 x 11
  • Bedroom 2: On Upper Floor, Dimensions: 11 x 12
  • Bedroom 3: On Upper Floor, Dimensions: 10 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 10 x 9, On Level: Upper, Flooring: Ceramic
  • Dining Room: On Entry Level, Dimensions: 13 x 10
  • Family Room: On Lower Floor, Dimensions: 23 x 21
  • Family Room Floor Covering: Carpet
  • Kitchen: On Entry Level, Dimensions: 13 x 8
  • Laundry: On Lower Floor, Dimensions: 10 x 7
  • Living Room: On Entry Level, Dimensions: 17 x 10
  • Below Grade Sq Ft: 512
  • Finished Below Grade Sq Ft: 512
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1650

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Sidewalks
  • Foundation: Basement
  • Frontage: 90
  • Road: Paved Street

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C

Lot Info

  • Assessor Parcel Number: 25-02-24-330-001
  • Zoning: Residential
  • Lot Dimensions: 90x120
  • Acreage: 0.25
  • Geo Subdivision: MI
  • Site/Lot Features: Corner Lot

Tax Info

  • Summer Tax: Year: 2017, Amount: $2,286.00
  • Winter Tax: Year: 2017, Amount: $999.95
  • Taxable Value: 51880
  • Total Tax: Amount: $3,285.95
  • SEV Year: 2017

MLS Schools

  • School District: Armada Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2018
Closed on
May 29, 2018
Sold by
Nelson Phillip W
Bought by
Krause Jordan
Seller's Agent
Michelle Naumovski
RE/MAX First
Buyer's Agent
Sarah Varilek
Max Broock, REALTORS®-Birmingham
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%
Current Estimated Value
$307,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,942
Avg. Annual Appreciation
7.26%
Original Mortgage
$148,000
Outstanding Balance
$129,488
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$177,079

Purchase Details

Closed on
Sep 21, 1999
Sold by
Jurcak Matthew J
Bought by
Nelson Phillip W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
7.69%
Source: Public Records

Range of Values:

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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
Krause Jordan $185,000 Sterling Title Agency
Nelson Phillip W $146,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krause Jordan $148,000
Previous Owner Nelson Phillip W $133,650
Previous Owner Nelson Phillip W $146,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2018 05/30/18 Sold $185,000 -2.6% $112 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
04/17/2018 04/17/18 For Sale $189,900 -- $115 / Sq Ft
Source: Michigan Multiple Listing Service

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
2025 $3,379 $124,400 $0 $0
2024 $2,081 $119,600 $0 $0
2023 $1,972 $105,900 $0 $0
2022 $2,987 $100,200 $0 $0
2021 $2,904 $96,700 $0 $0
2020 $3,147 $92,900 $0 $0
2019 $2,667 $86,800 $0 $0
2018 $1,994 $78,500 $0 $0
2017 $4,133 $72,100 $9,200 $62,900
2016 $3,089 $72,100 $0 $0
2015 -- $59,500 $0 $0
2011 -- $56,690 $10,171 $46,519
Source: Public Records

Agents Affiliated with this Home

  • Michelle Naumovski

    Seller's Agent in 2018

    Michelle Naumovski

    RE/MAX

    (586) 855-9216

    148 Total Sales

    Section Image

  • S

    Buyer's Agent in 2018

    Sarah Varilek

    Max Broock, REALTORS®-Birmingham

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31344852

Michigan Multiple Listing Service

APN: 25-02-24-330-001

Michigan Macomb County Armada 48005

73873 Franklin Ln, Armada, MI

This home is located at 73873 Franklin Ln, Armada, MI 48005 since 17 April 2018 and is currently estimated at $307,841, approximately $186 per square foot. This property was built in 1979. 73873 Franklin Ln is a home located in Macomb County with nearby schools including Orville C. Krause Elementary School, Armada Middle School, and Armada High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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