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38460 Kingsway Court

38460 Kingsway Court, Farmington, MI 48331
Property in Farmington
Sold May 17, 2017
$378,000
$302,400 by Auto Club Trust Fsb
Mortgage Due Jun 01, 2047
38460 Kingsway Court 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 1989 and is 35 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 38460 Kingsway Court has 3,400 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 1,320 ft and across the front of the lot is 1,130 ft. The area measurement of the land has been determined as 14,898 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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 515 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. The building has a gable style roof. The exterior walls of the building are made of alum/vinyl siding. 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, 38460 Kingsway Court was last sold in May 12, 2017 for $378,000. According to our calculations, that's $111.18 per sqft. Current property owners are expected to pay $7,944 in taxes per year. The property on 38460 Kingsway Court was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $212,610. To break that down further, the land itself was valued at $29,440. While improvements to the property were assessed at a total of $183,170. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1989
  • Effective Year Built: 1989
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,874
  • Garage Type: Garage
  • Garage Square Area: 515
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,898
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 1,130
  • Total Building Area: 3,400
  • Building Area: 3,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,400
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FARMINGTON GLENS SUB
  • Land Acres: 0.342
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T1N, R9E, SEC 6 FARMINGTON GLENS SUB NO 2 LOT 103 9-14-87 FR 400-014

Ownership

  • Current Owner : WALTON ROBERT E
  • Previous Owner : GUPTA ASHWANI
  • Previous Owner 2: GUPTA VEENA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Walled Lake Consolidated Schools
  • School Tax School District: 63290
  • Census Tract: 167800

Zoning

  • Zoning: RI

Geography

  • District: 22
  • Section: 6
  • Parcel: 22-23-06-330-004
  • Lot: 9,103
  • Meridian: SEC 06 TWN 01N RNG 09E
  • Municipality: FARMINGTON HILLS CITY
  • Latitude: 42.5169
  • Longitude: -83.4288

    Address

  • Full Address: 38460 Kingsway Ct
  • Address - House Number: 38460
  • Address - Street Name: Kingsway
  • Address - Suffix Type: Ct
  • State: MI
  • City Name: Farmington Hills
  • Carrier Code: C095
  • 4-Digit Zip Code: 1651
  • Zip Code: 48331

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,944

    Appraisal Valuation

  • Standard Deviation: 0.1828
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 76
  • Final Value: 568,673
  • High Value: 672,646
  • Low Value: 464,701

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $302,400
  • First Open Lien Mortgage Lender: AUTO CLUB TRUST FSB
  • First Open Lien Mortgage Recording Date: May 17, 2017
  • First Open Lien Mortgage Loan Amount: $302,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2047

    Market Valuation

  • Market Total Value: $425,220
  • Market Land Value: $58,880
  • Market Improvement Value: $366,340

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $212,610
  • Assessed Land Value: $29,440
  • Assessed Improvements Value: $183,170

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 12, 2017
  • Current Sale Recording Date: May 17, 2017
  • Current Sale Transaction ID: 1588554583
  • Current Sale Price: $378,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 097028

    Last Sale Mortgage

  • First Mortgage Lender: AUTO CLUB TRUST FSB
  • First Mortgage Transaction Date: May 17, 2017
  • First Mortgage Loan Amount: $302,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2047

About Farmington



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Frequently Asked Questions

What neighborhood is 38460 Kingsway Court located in?
The 38460 Kingsway Court is a located in the neighborhood of Farmington in Farmington, Farmington.
What is the average sales price for listings in 38460 Kingsway Court?
The average sales price for units in 38460 Kingsway Court is $0 currently.

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