NOT LISTED FOR SALE

2922 Fair Acres Dr Rochester Hills, MI 48307

Estimated Value: $607,000 - $691,000

5 Beds
2.5 Baths
3,222 Sq Ft
$202/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $615,000 $191 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,311/month

38 Days on Market

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • Forced Air Heating and Cooling System
  • Hamlin Elementary School Rated A
  • 3 Car Direct Access Garage
  • Ceiling Fan

About This Home

As of December 2023

WELCOME HOME! EXTREMELY SPACIOUS HOME LOCATED ON A QUIET STREET IN A DESIRABLE LOCATION AND IN CLOSE PROXIMITY TO EXPRESSWAYS, RESTAURANTS, MAJOR RETAILERS, GROCERY STORES AND MORE! OVER 3,200 SF OF LIVING SPACE FEATURING A GENEROUS SIZED FIRST FLOOR MASTER BEDROOM, FIRST FLOOR LAUNDRY, LARGE 2-STORY LIVING ROOM, OPEN KITCHEN + DINING AREA, 3-CAR SIDE-TURN ATTACHED GARAGE AND A LARGE BACK YARD WHICH IS PERFECT FOR ENTERTAINING YEAR-ROUND! UPSTAIRS FEATURES 4 BEDROOMS + 1 FULL BATH. HOME HAS AN UNFINISHED BASEMENT. RECENT UPDATES INCLUDE: BRAND NEW CARPET, NEW PAINT THROUGHOUT ENTIRE HOME, REFINISHED HARDWOOD FLOORS, FRESHLY PAINTED KITCHEN CABINETS, NEW STAIRCASE WITH IRON SPINDLES AND NEW GUTTERS! NATURAL LIGHT BEAMS THROUGHOUT THIS BEAUTY! ALL APPLIANCES INCLUDING STOVE, DISHWASHER, REFRIGERATOR, WASHER, AND DRYER ARE INCLUDED! ROCHESTER SCHOOL DISTRICT!

Last Listed By

Actavia Kattula

Odessa Properties License #6502431784 Listed on: 10/27/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2001 | Remodeled in 2023

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 103 x 199 x 81 x 151

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Masonry
  • Vinyl Construction Material

Interior Spaces

  • 3,222 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Unfinished Basement

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Jenny Jones Association, Phone Number (248) 931-9662
  • Rochester Hills Heathers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1527377027
  • $15,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,119

Year Built

Built in 2001 | Remodeled in 2023

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 1 1/2 Story
  • Year Built: 2001
  • State Equalized Value: 245220.0000
  • Year Renovated: 2023
  • Entry Location: Ground Level
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 13
  • Total Bedrooms: 5
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Refrigerator, Gas Cooktop, Washer
  • Sq Ft Combined: 3222
  • Total Sq Ft: 3222
  • Sq Ft Total Bsmt: 1948

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Block/Concrete/Masonry, Brick, Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 103
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: 248-931-9662, jnjjones@sbcglobal.net
  • Association Fee: 350
  • Association Contact: Jenny Jones
  • Association Fee: Yes

Schools

  • School District: Rochester

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.41
  • Lot Dimensions: 103 x 199 x 81 x 151
  • Parcel Number: 1527377027

Tax Info

  • Tax Amount Summer: 2811.0000
  • Tax Amount Winter: 2308.0000
  • Total Tax: 5119.0000
  • Taxable Value: 173170.0000

MLS Schools

  • School District: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Dec 22, 2023
Sold by
Kim Soo Fin
Bought by
Boyd Michael and Boyd Dina
Seller's Agent
Actavia Kattula
Odessa Properties
Buyer's Agent
Pierre Samona
List Price
$649,000
Sold Price
$615,000
Premium/Discount to List
-$34,000
-5.24%
Total Days on Market
38
Views
193
Current Estimated Value
$650,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,520
Avg. Annual Appreciation
4.31%
Original Mortgage
$596,550
Outstanding Balance
$589,322
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$61,198

Purchase Details

Closed on
Mar 19, 2008
Sold by
Kim Joon B and Kim Soo Jin
Bought by
Kim Soo Jin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 31, 2007
Sold by
Hu Soon Y
Bought by
Kim Soo Jin and Kim Joon B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2003
Sold by
Emerald Builders Llc
Bought by
Hu Soon Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,500
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2001
Sold by
Boca Development Inc
Bought by
Emerald Builders

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Boyd Michael $615,000 None Listed On Document
Kim Soo Jin -- Independence Title
Kim Soo Jin $437,500 Independence Title
Hu Soon Y $398,025 --
Emerald Builders $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyd Dina $596,550
Previous Owner Kim Soo Jin $352,350
Previous Owner Kim Soo Jin $350,000
Previous Owner Kim Soo Jin $350,000
Previous Owner Hu Soon Y $52,000
Previous Owner Hu Soon Y $298,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $615,000 -5.2% $191 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
10/27/2023 10/27/23 For Sale $649,000 -- $201 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2022 $4,420 $225,840 $0 $0
2018 $4,848 $193,400 $0 $0
2017 $4,752 $189,330 $0 $0
2015 -- $162,670 $0 $0
2014 -- $158,760 $0 $0
2011 -- $142,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Realcomp

MLS Number: 20230088415

Realcomp

APN: 15-27-377-027