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24750 Franklin Farms Dr, Franklin, MI, 48025

$1,395,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths, 2 Partial
4,464 SqFt
$313/SqFt
House

Location

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24750 Franklin Farms Dr, Franklin$1,395,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingElectricity, Attached
Attached Garage3 spaces
Year Built1997
HeatingNatural Gas, Forced Air
CoolingCentral Air, Other, Humidity Control
BasementYes
FireplaceGas, Great Room, Living Room
MLS #20240072635
Lot Size1.00 Acres
StatusActive

About 24750 Franklin Farms Dr

This luxurious updated home is located in a gated community nestled on a lush, private 1-acre lot and boasts 4,464 square feet of living space. The 2,627 Sqft lower level has an impressive 44' x 42' recreational room which includes a wet bar with space for a second kitchen. This exquisite home has a bright and airy ambiance with an abundance of windows and skylights allowing natural light to flood the large living spaces. The ideal open floor plan makes this an entertainer’s dream home! Retreat to the luxurious primary suite offering a serene and private sanctuary featuring primary bath updated (2020) and two large walk-in-closets 15' x 17' and 15' x 10'. Features include 4 bedrooms, 4.2 baths, a 3-car garage, updated gourmet kitchen, roof (2021), executive office with a library, large jetted tub, 2 gas fireplaces, whole-house generator, security cameras, alarm system, sound system throughout, expansive brick paver patio with a gas fire pit and gazebo with an outdoor television. The property is easily accessible to prestigious Birmingham public and private schools, and is less than 30 minutes to downtown Detroit nightlife, culture, museums, casinos, Detroit Lions, and Little Caesars Arena.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1997
  • Stories: 2
  • Living Area: 4,464 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Kee Realty Bham
  • Office Phone: (248) 646-6200
  • Listing Agent: Virginia Beckley

Interior Features

Interior Information:

  • Appliances: Induction Cooktop, Wine Cooler, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Refrigerator, Microwave, Self Cleaning Oven, Washer
  • Basement: Yes
  • Interior: Smoke Alarm, Cable Available, Carbon Monoxide Alarm(s), Other, High Spd Internet Avail, Humidifier, Intercom, Jetted Tub, Furnished - Negotiable, Programmable Thermostat, Sound System, Water Softener (owned), Wet Bar
  • Fireplace: Gas, Great Room, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Whole House Generator, Lighting, Gazebo

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Electricity, Attached

Lot Features

Lot Information:

  • Lot: Dead End Street, Private
  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air, Other, Humidity Control

Other

Directions Information:

  • Directions: West Side of Southbound Telegraph, between 13 & 14 mile Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,395,000
  • Price Per SqFt: $313/SqFt

HOA Fees:

  • Amount: $1000
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $14,727
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Franklin, MI.

Med. Sold Price

$685K

Med. Price/SqFt

$238

Avg. Days On Market

42

# of Sold Homes

5

24750 Franklin Farms Dr vs Franklin

58 DAYS ON ROCKET

+16 Days

$1,395,000

+$710K More

$313/SqFt

+$74 More

KEY TAKEAWAY

This property is $710K more than the Median Sold Price and $74/SqFt more than other homes in Franklin, MI.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240072635

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Kee Realty Bham
  • Office Phone: (248) 646-6200
  • Listing Agent: Virginia Beckley

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 1:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$14,727$427,020
2020$14,648$420,040
2018$14,587$405,380
2017$14,783$418,720

History based on county public records data.

Payment Calculator

$7,363

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,249

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1032426
4
/10
  • Wood Creek Elementary School

  • 28400 Harwich Dr

  • 2.32 miles

  • Public District Grades KG-4

school-card-donut-1032427
7
/10
  • West Maple Elementary School

  • 6275 Inkster Rd

  • 2.34 miles

  • Public Magnet Grades EE-5

school-card-donut-1032428
4
/10
  • Stevenson Elementary School

  • 27777 Lahser Rd

  • 2.39 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $149,342. Residents of Franklin, MI typically earn $200k+ each year. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 24750 Franklin Farms Dr

What is the listing price of this property?

The listing price of 24750 Franklin Farms Dr property is $1,395,000.

What type of property is this?

The property 24750 Franklin Farms Dr is a house located in Franklin, Michigan, 48025.

Is this property for sale now?

Active Listing: 24750 Franklin Farms Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $14,727 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 24750 Franklin Farms Dr has 4 bedrooms and 4 full and 2 half bathrooms.

What is the square footage of this property?

The property 24750 Franklin Farms Dr is 4,464 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 24750 Franklin Farms Dr is 1997.

Rocket Homes›Michigan›Oakland County›Franklin›48025›24750 Franklin Farms Dr

This home is located at 24750 Franklin Farms Dr in Franklin, MI and zip code 48025. This 4,464 square foot home, which was built in 1997, sits on a 1.00 acre lot. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $1,395,000.

While more than 1 listings in Franklin, MI in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 2 were sold below. In October 2024 in Franklin, MI there were 58.8% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $685,000, while the average time on the real estate market was 42 days.

From Rocket Homes Real Estate and based on county public records data.

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