NOT LISTED FOR SALE

7434 Franklin Ridge Way West Bloomfield, MI 48322

Estimated Value: $484,865 - $509,000

4 Beds
4 Baths
2,824 Sq Ft
$175/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $400,000 $142 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,058/month

9 Days on Market

Highlights

  • Colonial Architecture
  • Covered patio or porch
  • 2.5 Car Direct Access Garage
  • Deck
  • Double Oven
  • Security System Owned

About This Home

As of August 2021

Beautifully appointed home, wonderful curb appeal and large yard. Features: spacious entrance, living room, dining room, kitchen with island and eating area, grand family room, and cozy den/library, mud room area that can also be a first floor laundry. 4 bedrooms, 2.1 baths. Finished lower level has a dry bar, tremendous storage, cedar closet, pantry and recreational area. Exclusions: blue bathroom mirror and dining room chandelier.

Last Agent to Sell the Property

Cheryl Riback

@properties Christie's Int'l R.E. Birmingham License #6501265708 Listed on: 07/09/2021

@properties Christie's Int'l R.E. Birmingham

Last Buyer's Agent

Dana Franklin

Century 21 Row-WB License #RCO-6501291762

Century 21 Row-WB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1968 | Remodeled in 1996

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2,824 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Finished Basement
  • Sump Pump
  • Security System Owned

Kitchen

  • Double Oven
  • Electric Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2.5 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered patio or porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

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

Community Details

  • Jeff Hollander Association, Phone Number (248) 855-9946
  • Franklin Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1835477052

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,015

Year Built

Built in 1968 | Remodeled in 1996

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1968
  • State Equalized Value: 152800.0000
  • Year Renovated: 1996
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 15
  • Total Bedrooms: 4
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Double Oven, Dryer, Electric Cooktop, Exhaust Fan, Free-Standing Refrigerator, Microwave, Trash Compactor, Washer
  • Sq Ft Combined: 3824
  • Sq Ft Lower Floor: 1000
  • Total Sq Ft: 2824
  • Sq Ft Total Bsmt: 1564

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 100
  • Porch Type: Porch - Covered, Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Side Entrance, Attached
  • 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)

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: 2488559946
  • Association Fee: 300
  • Association Contact: Jeff Hollander
  • Association Fee: Yes

Schools

  • School District: Farmington

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.34
  • Lot Dimensions: 100x150
  • Parcel Number: 1835477052

Tax Info

  • Tax Amount Summer: 2582.0000
  • Tax Amount Winter: 2433.0000
  • Total Tax: 5015.0000
  • Taxable Value: 129190.0000

MLS Schools

  • School District: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Aug 18, 2021
Sold by
Nabat Eugene R and Nabat Sandra M
Bought by
Franklin Dana and Franklin Raquel
Seller's Agent
Cheryl Riback
@properties Christie's Int'l R.E. Birmingham
Buyer's Agent
Dana Franklin
Century 21 Row-WB
List Price
$389,000
Sold Price
$400,000
Premium/Discount to List
$11,000
2.83%
Current Estimated Value
$495,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,216
Avg. Annual Appreciation
5.39%
Original Mortgage
$380,000
Outstanding Balance
$349,052
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$142,084
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
Franklin Dana $400,000 Equity Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franklin Dana $380,000
Closed Franklin Dana $380,000
Previous Owner Nabat Eugene R $117,725
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Sold $400,000 +2.8% $142 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $389,000 -- $138 / 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 $3,578 $209,190 $0 $0
2022 $3,447 $172,670 $43,100 $129,570
2021 $4,940 $153,730 $0 $0
2020 $2,582 $152,800 $43,100 $109,700
2018 $4,937 $147,620 $31,040 $116,580
2015 -- $123,860 $0 $0
2014 -- $120,670 $0 $0
2011 -- $116,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210053203

Realcomp

APN: 18-35-477-052