NOT LISTED FOR SALE

Vacant Glenmuer Farmington Hills, MI 48334

Estimated Value: $483,000 - $807,654

2.66 Acres
$228,727 Price per Acre
115,870 Sq Ft Lot

Last Sold February 27, 2018

Last sale price $190,000

Est. 220% increase in value since last sale

Current estimated payment $4,219/month

7 Days on Market

Highlights

  • Home fronts a pond
  • North Farmington High School Rated A-
  • 2.66 Acre Lot

About This Lot

As of February 2018

Imagine building your dream home on this beautiful piece of property in Farmington Hills. Large, mature trees reside on 2.66 acres providing a stunning secluded space for your new home. Amazing location, unique lot. Come see it today!

Last Agent to Sell the Property

Simon Thomas

DOBI Real Estate License #6501369681 Listed on: 01/02/2018

DOBI Real Estate

Last Buyer's Agent

David Compo

Compo R E Invest Brokerage License #6501300147

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 2.66 Acre Lot
  • Home fronts a pond

Community Details

  • Suprvr's Plat Of W. Franklin Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2303102026

Property Details

Property Type

Land

Est. Annual Taxes

$1,082

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 27450.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Gravel
  • Waterfront Description: Pond

Utilities

  • Sewer: Septic-Needed
  • Water Source: Well-Needed

Schools

  • School District: Farmington

Lot Info

  • List Price per Acre: 78909.7744
  • Lot Size Area: 2.66
  • Lot Dimensions: IRREGULAR
  • Parcel Number: 2303102026
  • Zoning: Residential
  • Survey: Yes

Tax Info

  • Tax Amount Summer: 821.0000
  • Tax Amount Winter: 261.0000
  • Total Tax: 1082.0000

MLS Schools

  • School District: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2018
Closed on
Apr 24, 2018
Sold by
Martin Robert J
Bought by
Martin Robert J
Seller's Agent
Simon Thomas
DOBI Real Estate
Buyer's Agent
David Compo
Compo R E Invest Brokerage
List Price
$209,900
Sold Price
$190,000
Premium/Discount to List
-$19,900
-9.48%
Current Estimated Value
$608,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,414
Avg. Annual Appreciation
16.64%

Purchase Details

Listed on
Jan 2, 2018
Closed on
Feb 27, 2018
Sold by
Olson Richard W and Olson Gretchen A
Bought by
Martin Robert J
Seller's Agent
Simon Thomas
DOBI Real Estate
Buyer's Agent
David Compo
Compo R E Invest Brokerage
List Price
$209,900
Sold Price
$190,000
Premium/Discount to List
-$19,900
-9.48%

Purchase Details

Listed on
Apr 24, 2014
Closed on
Apr 28, 2016
Sold by
Ahmad Tariq B
Bought by
Olson Richard W and Olson Gretchen A
Seller's Agent
Todd Craft
City Life Realty, PC
Buyer's Agent
Jay Harrison
KW Professionals
List Price
$174,900
Sold Price
$149,900
Premium/Discount to List
-$25,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.83%
Original Mortgage
$120,000
Interest Rate
3.24%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Martin Robert J -- None Available
Martin Robert J $190,000 None Available
Olson Richard W $149,900 Liberty Title The Closing An
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Robert J $125,000
Open Martin Robert J $232,125
Closed Martin Robert $325,000
Open Martin Robert J $592,000
Previous Owner Olson Richard W $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2018 02/27/18 Sold $190,000 -9.5% --
01/09/2018 01/09/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $209,900 +40.0% --
04/29/2016 04/29/16 Sold $149,900 -14.3% --
04/15/2016 04/15/16 Pending -- -- --
04/24/2014 04/24/14 For Sale $174,900 -- --
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 $11,727 $357,240 $60,390 $296,850
2022 $11,267 $312,250 $54,900 $257,350
2021 $14,085 $312,920 $54,900 $258,020
2020 $8,117 $211,720 $54,900 $156,820
2018 $1,498 $27,450 $0 $0
2015 -- $27,450 $0 $0
2014 -- $27,450 $0 $0
2011 -- $35,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218009615

Realcomp

APN: 23-03-102-026