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32041 Olde Franklin Drive Farmington Hills, MI 48334

$257,221
LOW
$285,800 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$314,400
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$285,800Estimated value of the home, based on tax records and nearby sales information for similar homes.
Beds
4
Foundation
Slab
Payment Estimate
--
Baths Full
3
Stories
2
Rent Estimate
$2,690Estimated monthly rental price, based on a proprietary formula.
Baths Half
1
Address Stories
2
Tax Estimate
$4,866Estimated property taxes paid on an annual basis.
Sq Ft
2,926
Fireplaces
1
 HomeScore
49A relative rating of projected appreciation over a 10-year holding period. Homes that score above 50 are expected to outperform the market.
Lot Size
--
Parking
Garage
 InvestorScore
49A relative rating of projected positive cash flow over a 10-year holding period. Properties that score above 50 are expected to outperform the market.
Construction
--
Parking Spaces
2
Last Sale Date
07/16/2013
Style
--
Last Sale Price
$242,500
Year Built
1965

32041 Olde Franklin Drive is located in Farmington Hills, MI. At this time, the property has an estimated value of $285,800 and yearly taxes of $4,866. This home has 4 bedrooms, 3½ bathrooms, and approximately 2,926 sqft of living space. The property was built in 1965. Similar homes nearby have 4 bedrooms, 3 baths and sell for around $275,000.

Property History

DateEventSourcePrice
5/5/2010SoldTax Records$220,000

Farmington Hills Market Trends

Check out Farmington Hills homes for sale, read the Farmington Hills real estate news or review the Farmington Hills real estate trends. Here is a summary of local market conditions over the past 30 days:

Market Health Score
77
Fairly Healthy

235

$298,888

51

2.8

Median Sales Price
$228,500
+6.3%
Sales (30 Days)
84
-29.4%

Farmington Hills Public Schools

A child living at 32041 Olde Franklin Drive, Farmington Hills, MI would typically attend one of the following public schools: Wood Creek Elementary School, O.E. Dunckel Middle School, Warner Middle School, or Harrison High School. School boundaries and attendance zones are updated frequently. This guidance should not be used to determine the legal eligibility to attend any particular school or school system.

Farmington Hills REAL ESTATE NEWS

The Farmington Hills market is remaining active, despite a three-week negative trend. While sales this week fell to 84 homes sold over the last 30 days, new listings are at the highest they've been si... Read More »

Farmington Hills has a population that is younger than most in Michigan with a median age of 42 years. Also, it's very affluent with a median income of $68,861 per household. The three zip codes with... Read More »

Home sales in the Farmington Hills market remained cool in this week's report as they slid 19.1% to 76 homes sold over the last 30 days. The median sales price dropped to $213,500 over the latest repo... Read More »

32041 Olde Franklin Drive Mortgage Information

$286k
$57.2k
3.81%
$1,067

The typical purchase scenario above assumes a credit score of 720 or higher and a 20% cash down payment on a 30-year fixed-rate mortgage. Visit the free and anonymous Homesnap Mortgage Market to check rates and customize a mortgage for your scenario.

32041 Olde Franklin Drive Map

Ask a local expert about this home:
Real Estate One
Snapped 5 homes in this area
Keller Williams
Snapped 1 home in this area

32041 Olde Franklin Dr, Farmington Hills, MI 48334US
32041 Olde Franklin Dr is located in Farmington Hills, MI. At this time, the property has an estimated value of $285,800 and yearly taxes of $4,866. This home has 4 bedrooms, 3½ bathrooms, and approximately 2,926 sqft of living space. The property was built in 1965. Similar homes nearby have 4 bedrooms, 3 baths and sell for around $275,000. Stephen Chenault and Scott Smith are Homesnap Local Experts in and around Farmington Hills.
©2016 Homesnap 1-800-431-5509 School data and housing market data is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
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