31997 Olde Franklin Drive

About this home

"A One-of-a Kind Architectural Masterpiece." From the moment you arrive at 31997 Olde Franklin Drive the custom brick walkway establishes an elegant sense of arrival, offering a glimpse of distinctive character that unfolds throughout this exceptional home. Thoughtfully designed with stunning elements the interior showcases a beautiful curved and arched wall creating a seamless flow and artistic sense of movement throughout the living space and a uniquely crafted curved stone fireplace in the family room serves as a breathtaking focal point, adding warmth, texture and timeless sophistication. The expansive gourmet kitchen is designed with recessed and pendant lighting, a large island and upscale appliances to make your home and entertaining times enjoyable. The primary bedroom is a spacious private retreat with an art gallery inspired design for relaxation which offers ample drawers and closets. The primary bathroom features two sinks and a large shower. The finished basement provides a large space for entertainment, an updated bathroom with a shower, a murphy bed and a separate storage room. The outdoor living experience is equally extraordinary. Step into a private backyard oasis, featuring an impressive 1600 sq ft wraparound deck, providing a great space for entertaining and outdoor dining. This must-see house is close to schools, shopping and numerous freeways. BATVAI. OPEN HOUSES on Sat (11/14) and Sun (11/15) from 2-4pm.

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 $495,000, or $125 per square foot, 20% below 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 $6,599 a year. A buyer who lives here would pay about $10,717 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

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