28977 Lake Park Drive
Farmington Hills, MI 48331
Single Family Residence · MLS # 20261087890 · Listing courtesy of Max Broock Realtors
About this home
Welcome to this beautifully updated, move-in-ready ranch offering nearly 3,500 square feet of finished living space, including a spacious finished lower level, in one of Farmington Hills' most desirable neighborhoods! Featuring 3 bedrooms and 2.5 baths, this lovingly maintained home combines modern updates with comfortable living. The fully renovated kitchen boasts contemporary cabinetry, sleek countertops, and brand-new stainless steel appliances. New hardwood flooring flows throughout the main level, adding warmth and elegance. The expansive finished lower level is perfect for entertaining, featuring a large wet bar and plenty of space for gatherings with family and friends. Additional major updates include a brand-new furnace, humidifier, A/C, and garage door, providing added comfort and peace of mind. Complete with a 2-car attached garage and a convenient location just minutes from shopping, restaurants, and major freeways, this exceptional home is a must-see!
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Farmington Hills
Over the last 90 days, 145 homes sold in Farmington Hills for a median of $399,000, about $156 per square foot, and the typical one went under contract in 10 days. This home is listed at $489,000, or $141 per square foot, 10% below the city median, and has been on the market 15 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Farmington Hills sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $5,344 a year. A buyer who lives here would pay about $9,365 to $10,587 a year once the taxable value resets after the sale, at the 2025 homestead rate of 42.87 mills for Farmington Hills City and Farmington schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate and HOA when listed. Ask us for a lender quote.
Location
Similar homes in Farmington Hills
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