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23057 Potomac Circle

23057 Potomac Circle, Farmington, MI 48335
Property in Farmington
Sold May 07, 2018
$226,800
Buyer
Seller
$233,618 by Stockton Mortgage Corporation
Mortgage Due Feb 01, 2052
Sold Jul 06, 2016
$153,000
23057 Potomac Circle has been categorized by the local assessors in Farmington, MI as a residential type of property. The building on the property was first built in 1994 and is 30 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 23057 Potomac Circle has 1,409 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,040 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 7,275 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 420 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a covered porch. The building has a hip style roof. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 23057 Potomac Circle was last sold in Feb 27, 2018 for $226,800. According to our calculations, that's $160.97 per sqft. Prior to that sales transaction, the property was sold for $153,000 in Jun 28, 2016. Current property owners are expected to pay $5,211 in taxes per year. The property on 23057 Potomac Circle was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $120,150. To break that down further, the land itself was valued at $24,310. While improvements to the property were assessed at a total of $95,840. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Hip
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,405
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 7,275
  • Lot Size Depth Feet: 1,040
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,409
  • Building Area: 1,409
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,409
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAKLAND COUNTY CONDOMINIUM
  • Land Acres: 0.167
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: T1N, R9E, SEC 28 OAKLAND COUNTY CONDOMINIUM PLAN NO 826 PINEWOODS WEST CONDOMINIUMS UNIT 40 L 13887 P 848 8-26-93 FR 301-003

Ownership

  • Current Owner : KESSEY SHAUN
  • Previous Owner : CITIBANK NA
  • Owner Before Previous Owner: BESSETTE DOREEN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Farmington Public School District
  • School Tax School District: 63200
  • Census Tract: 168500

Zoning

  • Zoning: KI

Geography

  • District: 22
  • Section: 28
  • Parcel: 22-23-28-303-009
  • Meridian: SEC 28 TWN 01N RNG 09E
  • Municipality: FARMINGTON HILLS CITY
  • Latitude: 42.4609
  • Longitude: -83.3922

    Address

  • Full Address: 23057 Potomac Cir
  • Legal Unit: 40
  • Address - House Number: 23057
  • Address - Street Name: Potomac
  • Address - Suffix Type: Cir
  • State: MI
  • City Name: Farmington Hills
  • Carrier Code: C034
  • 4-Digit Zip Code: 3303
  • Zip Code: 48335

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,211

    Appraisal Valuation

  • Standard Deviation: 0.1815
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 76
  • Final Value: 303,115
  • High Value: 358,153
  • Low Value: 248,077

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $233,618
  • First Open Lien Mortgage Lender: STOCKTON MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Feb 16, 2022
  • First Open Lien Mortgage Loan Amount: $233,618
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $240,300
  • Market Land Value: $48,620
  • Market Improvement Value: $191,680

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $120,150
  • Assessed Land Value: $24,310
  • Assessed Improvements Value: $95,840

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 27, 2018
  • Current Sale Recording Date: May 07, 2018
  • Current Sale Transaction ID: 11462865856
  • Current Sale Price: $226,800
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 76852
  • Previous Sale Recording Date: Jul 06, 2016
  • Previous Sale Contract Date: Jun 28, 2016
  • Previous Sale Amount: $153,000
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUCCESS MORTGAGE PARTNERS INC
  • First Mortgage Transaction Date: May 07, 2018
  • First Mortgage Loan Amount: $215,460
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2048

About Farmington



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$1,900 /mo

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24019 Colchester Drive, Farmington, MI, 48336 Listing by Stephen Oaks

Frequently Asked Questions

What neighborhood is 23057 Potomac Circle located in?
The 23057 Potomac Circle is a located in the neighborhood of Farmington in Farmington, Farmington.
What is the average sales price for listings in 23057 Potomac Circle?
The average sales price for units in 23057 Potomac Circle is $0 currently.

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