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28856 Lake Park Drive

28856 Lake Park Drive, Farmington, MI 48331
Property in Farmington
Sold Oct 15, 2014
$247,500
$185,625 by Summit Funding Inc
Mortgage Due Oct 01, 2029
Local assessors in Farmington, MI have categorized 28856 Lake Park Drive as a residential type of property. The home was built in 1977 and is 47 years old. The property's lot size has been calculated to be 11,021 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 920 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 28856 Lake Park Drive has a total of 2,022 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a covered porch so you'll have a great option in the front of the home. The building has a hip style roof. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 28856 Lake Park Drive was last sold in Sep 18, 2014 for $247,500. According to our calculations, that's $122.40 per sqft. Current property owners are expected to pay $5,761 in taxes per year. The property on 28856 Lake Park Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $154,230. To break that down further, the land itself was valued at $26,540. While improvements to the property were assessed at a total of $127,690. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1977
  • Effective Year Built: 1977
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,896
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 11,021
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 920
  • Total Building Area: 2,022
  • Building Area: 2,022
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,022
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK WEST SUB
  • Land Acres: 0.253
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T1N, R9E, SEC 9 COLONY PARK WEST SUB NO 2 LOT 139

Ownership

  • Current Owner : WILLIAMS FELECIA G
  • Previous Owner : SHAPIRO SANDRA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Farmington Public School District
  • School Tax School District: 63200
  • Census Tract: 166400

Zoning

  • Zoning: RI

Geography

  • District: 22
  • Section: 9
  • Parcel: 22-23-09-179-009
  • Lot: 139
  • Meridian: SEC 09 TWN 01N RNG 09E
  • Municipality: FARMINGTON HILLS CITY
  • Latitude: 42.5073
  • Longitude: -83.3909

    Address

  • Full Address: 28856 Lake Park Dr
  • Address - House Number: 28856
  • Address - Street Name: Lake Park
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Farmington Hills
  • Carrier Code: C055
  • 4-Digit Zip Code: 2631
  • Zip Code: 48331

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,761

    Appraisal Valuation

  • Standard Deviation: 0.1828
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 76
  • Final Value: 393,213
  • High Value: 465,106
  • Low Value: 321,320

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $185,625
  • First Open Lien Mortgage Lender: SUMMIT FUNDING INC
  • First Open Lien Mortgage Recording Date: Oct 15, 2014
  • First Open Lien Mortgage Loan Amount: $185,625
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2029

    Market Valuation

  • Market Total Value: $308,460
  • Market Land Value: $53,080
  • Market Improvement Value: $255,380

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $154,230
  • Assessed Land Value: $26,540
  • Assessed Improvements Value: $127,690

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 18, 2014
  • Current Sale Recording Date: Oct 15, 2014
  • Current Sale Transaction ID: 1089305280
  • Current Sale Price: $247,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 199054

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT FUNDING INC
  • First Mortgage Transaction Date: Oct 15, 2014
  • First Mortgage Loan Amount: $185,625
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2029

About Farmington



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Nearby Rentals

Unit for rent at 28369 7 Oaks Drive, Farmington Hills, MI, 48331

$2,950 /mo

  • 4 Beds
  • 3.5 Baths
  • 2,040 ft²
28369 7 Oaks Drive, Farmington Hills, MI, 48331 Listing by Kelly Norber

Frequently Asked Questions

What neighborhood is 28856 Lake Park Drive located in?
The 28856 Lake Park Drive is a located in the neighborhood of Farmington in Farmington, Farmington.
What is the average sales price for listings in 28856 Lake Park Drive?
The average sales price for units in 28856 Lake Park Drive is $0 currently.

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