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29222 Grand River Avenue

29222 Grand River Avenue, Farmington, MI 48336
Commercial in Farmington
1 Units For Sale
Unit for sale at 29222 GRAND RIVER Avenue, Farmington Hills, MI 48336

$1,750,000

  • Commercial
  • 9,388 ft²
29222 GRAND RIVER Avenue, Farmington Hills, MI 48336 Listing by Nayeem Amin

Local assessors in Farmington, MI have categorized 29222 Grand River Avenue as a unknown type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 13,504 square feet. 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.

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. The home's unknown is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 29222 Grand River Avenue sold most recently in Dec 29, 2021 for a total of $965,000. If you work out the math, that's approximately a cost of $102.79 per sqft. Before that, the property was also sold for $415,000 in Jan 28, 2000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $14,804 in taxes each year. 29222 Grand River Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $255,070. If we break it down further, the land itself was valued at $43,260. Improvements to the property, however, were assessed at a total of $211,810. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.

Building Features

Exterior

Block Exterior
Masonry Exterior
Stone Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190121
01/21/2019
Studio
-
10325 ft²
$1,100,000
bedrooms
Studio
bathrooms
-
square feet
10325 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 4
  • Bedroom Count: 0
  • Floor Count: 1
  • Living Units: 1
  • Business/Commerical Units Count: 9
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 9,388
  • Gross Building Area: 9,388
  • Building Area: 9,388
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: RICHLAND STATE SUB
  • Land Acres: 0.31
  • Legal Description 1: T1N, R9E, SEC 36 ASSESSOR'S RICHLAND STATE SUB LOTS 18 TO 24 INCL

Ownership

  • Current Owner : CLASSIC VENTURE CAPITAL LLC
  • Previous Owner : YHWH LLC
  • Owner Before Previous Owner: HILLS FARMINGTON
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Clarenceville School District
  • School Tax School District: 63090
  • Census Tract: 167400

Zoning

  • Zoning: BI

Geography

  • District: 22
  • Section: 36
  • Parcel: 22-23-36-302-008
  • Lot: 18-24
  • Meridian: SEC 36 TWN 01N RNG 09E
  • Municipality: FARMINGTON HILLS CITY
  • Latitude: 42.448
  • Longitude: -83.3351

    Address

  • Full Address: 29222 Grand River Ave
  • Address - House Number: 29222
  • Address - Street Name: Grand River
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Farmington Hills
  • Carrier Code: C105
  • 4-Digit Zip Code: 5661
  • Zip Code: 48336

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,804

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $772,000
  • First Open Lien Mortgage Lender: BANK OF ANN ARBOR
  • First Open Lien Mortgage Recording Date: Jan 20, 2022
  • First Open Lien Mortgage Loan Amount: $772,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown

    Market Valuation

  • Market Total Value: $510,140
  • Market Land Value: $86,520
  • Market Improvement Value: $423,620

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $255,070
  • Assessed Land Value: $43,260
  • Assessed Improvements Value: $211,810

    Sales

  • Current Sale Contract Date: Dec 29, 2021
  • Current Sale Recording Date: Feb 08, 2022
  • Current Sale Transaction ID: 11884288446
  • Current Sale Price: $965,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 315089
  • Previous Sale Recording Date: Mar 06, 2000
  • Previous Sale Contract Date: Jan 28, 2000
  • Previous Sale Amount: $415,000
  • Previous Sale Document Type: unknown

About Farmington



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Frequently Asked Questions

What neighborhood is 29222 Grand River Avenue located in?
The 29222 Grand River Avenue is a commercial located in the neighborhood of Farmington in Farmington, Farmington.
How many listings are currently for sale in 29222 Grand River Avenue?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 29222 Grand River Avenue?
The average sales price for units in 29222 Grand River Avenue is $1,750,000 , or $186/sqft. currently.

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