About this home

SELLER HAS MADE A SIGNIFICANT PRICE IMPROVEMENT TO $314900 AND IS WILLING TO GIVE A FIVE THOUSAND DOLLAR ($5000) CLOSING COST CREDIT TO COVER THE TEMPORARY INCREASE IN THE HOA FEE. Gorgeous 3 bedroom condo conveniently located off Drake Rd, between Grand River and Freedom Rd . Finished walk out basement adds to the desirability of this unit. Wet bar in basement for those evenings entertaining. Great room features vaulted ceiling adding to the spacious feel, and a portal to a large balcony with pleasant views. Designer kitchen with white cabinets and stainless appliances. New in the last year, vinyl floors on 1st and 2nd level, recessed lights in the living room & fans in both upper bedrooms. Longacre Elementary school is just across Drake Rd, along with a 10 acre Farmington Park with baseball diamonds. Exterior of the buildings has been recently painted, as well as replacing roofs and roadways in the complex. Monthly fee was raised to cover this expense & should drop when that work is paid off, within 3 years. This is a relocation sale. Please find additional disclosures and addendums which must be completed with any offer. Allow at least 3 business days for response.

The facts

Property taxes: the seller's bill vs. yours

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $691 a year more than this seller pays. The assessor's state equalized value (SEV) is $142,940. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Farmington's 2025 homestead rate of 44.54 mills and assumes you claim the homestead exemption. See Farmington's full tax breakdown or run the uncapping calculator.

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IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-10-25T23:19+00:00; refreshed at least twice daily.