tomo logo

$1,899,000

Beds
6
Baths
6.0
sq ft
7,969

24811 Franklin Park Dr, Franklin, MI 48025

24811 Franklin Park Dr

FranklinVillage_Oakland, MI 48025

    • Open house Apr 05
Welcome to this stunning Nantucket Colonial home on a picturesque 3/4 acre lot. Built-in 2005, this residence blends timeless architectural elegance with modern comforts, offering a luxurious yet inviting retreat. Step into the grand two-story foyer, where a striking circular staircase makes an unforgettable first impression. To the side, a beautifully paneled library with exquisite wainscoting provides the perfect space for reading or working from home. The main level features rich hardwood floors, towering eight-foot doors, and soaring ten-foot ceilings, creating an airy and sophisticated ambiance. Expansive walls of windows bathe the home in natural light, while intricate crown molding and detailed millwork showcase superior craftsmanship. The heart of the home is the chef’s kitchen, which boasts custom-built cabinetry, elegant granite countertops, and high-end appliances. This inviting space opens to a cozy breakfast nook and an intimate hearth room with a fireplace, perfect for relaxed gatherings. A rear staircase leads to a private sixth bedroom, ideal for a nanny, in-law suite, or home office. Upstairs, the luxurious primary suite serves as a serene retreat, complete with a sitting area, a fireplace, and two spacious California Closets. The primary bath features dual vanities, an oversized shower, and a jetted soaking tub. The second floor also includes a Jack-and-Jill suite and an additional private suite. The finished daylight basement is an entertainer’s dream with a sprawling recreation room, a family room with a bar and fireplace, and a wine cellar. The 5th bedroom with an en-suite bath provides the perfect guest retreat. Recent upgrades—including two furnaces, two air conditioners, a water heater, a sump pump with battery backup, and a whole house generator all less than 5 years old. The meticulously landscaped grounds enhance the home's curb with a composite deck, fenced garden plus a spacious 4-car garage. This home is a rare gem with its blend of elegance, functionality, and modern upgrades.

Details

Property type

Single Family Residence

Est. home value

$1,920,581

Lot size

0.79 acres

Price per sq ft

$239

Year built

2005

Annual property taxes

$24,200

HOA

No

Price History

04/03/2025
Realcomp

Realcomp #20250020013

Listed
$1,899,000
+70.31%
01/10/2020
Realcomp

Realcomp #219072984

Sold
$1,115,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Birmingham

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$748,334
Asking price
$1,899,000
Closing costs (~8% of asking)
-$151,920
Est. remaining loan balance
-$998,746
Cash to seller
$748,334

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Ubs Bank Usa

Loan start date

January 2020

Original loan amount

$1,115,000

Est. remaining balance

$998,746

Interest rate

3.66%

Loan type

New Conventional, 30 year

Seller

Kausik Umanath and Vaishnavi Kannan

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/04/2025 at 3:15 PM

Listing updated: 04/04/2025 at 9:51 AM

Listed by: Deborah S Gannes, @properties Christie's Int'l R.E. Birmingham Phone #: (248) 850-8632

MLS: Realcomp #20250020013

Realcomp logo

Recently listed in FranklinVillage_Oakland

$989,000|4 bd|3.5 ba|House
$6,990,000|6 bd|10.5 ba|House
$995,000|3 bd|2.5 ba|House
$400,000|3 bd|1.5 ba|House
$995,000|3 bd|2.5 ba|House
$3,349,000|4 bd|4.0 ba|House
$925,000|3 bd|3.0 ba|House
$2,100,000|5 bd|6.0 ba|House
$2,410,000|4 bd|3.5 ba|House
$1,195,000|4 bd|3.5 ba|House