37892 Stableview Drive

About this home

Don't miss this exceptional opportunity to own a home in desirable Farmington Hills at a price that offers instant equity from day one. This property is priced well below market value and presents tremendous upside for both homeowners and investors alike. Featuring solid fundamentals and plenty of potential, the home needs only minor cosmetic updates to truly shine. Whether you're looking to personalize your dream home or add value through light improvements, this is your chance to capitalize on a rare value-add opportunity in a sought-after neighborhood. Enjoy the benefits of purchasing below market value while building equity immediately. With strong neighborhood demand and significant upside potential, this property is ideal for buyers seeking affordability, appreciation potential, and a chance to make a home their own.

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 $409,000, or $126 per square foot, 19% below the city median, and has been on the market 38 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 $8,908 a year. A buyer who lives here would pay about $6,845 to $8,855 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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