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54442 Franklin Drive

54442 Franklin Drive, Utica, MI 48316
Property in Shelby
Sold Jul 19, 2021
$410,000
$119,100 by Freedom Mortgage Corporation
Mortgage Due Jan 01, 2037
Sold Aug 30, 2016
$275,000
$220,000 by United Wholesale Mortgage
Mortgage Due Sep 01, 2046
54442 Franklin Drive in Utica, MI was first built in 1969 and is 55 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 54442 Franklin Drive has 2,354 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 23,958 square feet.

Learn more about the property and building on this page. For those who need parking, there is a detached garage. The garage is 561 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 54442 Franklin Drive sold most recently in Jun 7, 2021 for a total of $410,000. If you work out the math, that's approximately a cost of $174.17 per sqft. Before that, the property was also sold for $275,000 in Aug 22, 2016. 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 $5,603 in taxes each year. 54442 Franklin Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $192,300. 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. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 2,354
  • Garage Type: Detached
  • Garage Square Area: 561
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 23,958
  • Total Building Area: 2,354
  • Building Area: 2,354
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,354
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TWILIGHT SUBDIVISION
  • Land Acres: 0.55
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L 46 TWILIGHT SUBDIVISION NO 5 LOT 286. LIBER 58 PAGES 31-32

Ownership

  • Current Owner : MICHILLI MARK
  • Current Owner 2: MICHILLI LYNN M
  • Previous Owner : KAUFFMAN MARY P
  • Owner Before Previous Owner: PTAK FRANK
  • Owner Before Previous Owner 2: PTAK MARTHA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Utica Community Schools
  • School Tax School District: UTICA
  • Census Tract: 225300

Zoning

  • Zoning: R-1-B

Geography

  • District: 23
  • Parcel: 23-07-08-276-017
  • Lot: 286
  • Municipality: SHELBY TWP
  • Latitude: 42.6942
  • Longitude: -83.0598

    Address

  • Full Address: 54442 Franklin Dr
  • Address - House Number: 54442
  • Address - Street Name: Franklin
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Shelby Township
  • Carrier Code: C002
  • 4-Digit Zip Code: 1617
  • Zip Code: 48316

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,603

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 77
  • Final Value: 456,656
  • High Value: 535,625
  • Low Value: 377,686

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $119,100
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Dec 28, 2021
  • First Open Lien Mortgage Loan Amount: $119,100
  • 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: Jan 01, 2037

    Market Valuation

  • Market Total Value: $384,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $192,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 07, 2021
  • Current Sale Recording Date: Jul 19, 2021
  • Current Sale Transaction ID: 11846772405
  • Current Sale Price: $410,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202102211797
  • Previous Sale Recording Date: Aug 30, 2016
  • Previous Sale Contract Date: Aug 22, 2016
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Aug 30, 2016
  • Previous Mortgage Loan Amount: $220,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2046

About Utica



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Frequently Asked Questions

What neighborhood is 54442 Franklin Drive located in?
The 54442 Franklin Drive is a located in the neighborhood of Shelby in Utica, Utica.
What is the average sales price for listings in 54442 Franklin Drive?
The average sales price for units in 54442 Franklin Drive is $0 currently.

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