29850 W 12 Mile Road #506
Farmington Hills, MI 48334
Condominium · MLS # 20261090410 · Listing courtesy of Keller Williams Advantage
About this home
Ready to stop renting and enjoy the benefits of homeownership? This cute and cozy condo is the perfect place to call home. Offering comfortable, low maintenance living, this charming unit features new recess lighting, newer windows, vinyl flooring, electrical box, furnace and hot water heater. Plenty of closets, nice size bedroom with a walk-in closet and all appliances included for your convenience. Close to freeways and major highways. Enjoy the ease of having your own in-unit laundry, step outside and relax on your balcony, or take advantage of the community pool on those warm summer days. Whether you're a first-time buyer, downsizing, or simply looking for a lifestyle with less upkeep, this condo is a wonderful opportunity to own your own space and start building equity instead of paying rent.
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 $120,000, or $162 per square foot, 4% above the city median, and has been on the market 1 day. 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 $1,332 a year. A buyer who lives here would pay about $2,598 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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