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31000 Drake Rd, Farmington Hills, MI, 48331

4beds
2baths
1,612sqft
$299,900
$186price/sqft
$2,139/moest. monthly cost
$85,560/yrincome needed

About This Home

Welcome to the historical Springbrook Farmhouse, an enchanting 4-bedroom, 1.5-bath estate that perfectly blends timeless country charm with modern updates. Nestled on a rare, park-like 0.69-acre lot in the heart of Farmington Hills, this property offers incredible outdoor space, a massive two-car garage, and a versatile horse/pole barn perfect for your hobbies. Sip your morning coffee on the classic covered front porch before stepping inside to find sun-drenched living spaces. Beautiful hardwood floors flow throughout the home. Massive windows frame panoramic views of the scenic grounds from both the family room and the primary suite. Enjoy the extensive mechanical updates, including a newer roof (2021), updated energy-efficient windows, a newer water heater, and an enhanced boiler system. As a proud member of the Farmington Hills Historic Society, this home represents a legacy preserved by the local Historical Society. This is a golden opportunity to bring your unique vision to the next chapter of this story and restore a true landmark estate.

Getting Around

14
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

6/10
Forest Elementary SchoolGrades K-50.4 mi
7/10
8/10

Construction

Materials

  • Foundation: Basement,Block
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished,Walk Up Access

Bedroom

  • Level: Second
  • Area: 154
  • Dimensions: 11 X 14

Bedroom

  • Level: Second
  • Area: 99
  • Dimensions: 9 X 11

Bedroom

  • Level: Second
  • Area: 100
  • Dimensions: 10 X 10

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Level: Entry
  • Area: 170
  • Dimensions: 17 X 10

Features

  • Finished area above ground: 1,612

Heating

  • Heating features: Baseboard,Natural Gas

Interior Area

  • Total interior livable area: 1,612 sqft

Kitchen

  • Level: Entry
  • Area: 120
  • Dimensions: 10 X 12

Other

  • Level: Second

Other

  • Level: Entry

Primary Bedroom

  • Level: Second
  • Area: 306
  • Dimensions: 17 X 18

Property

Details

  • Parcel number: 2304151002
  • Special condition: Short Sale No,Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: GroundLevelwSteps
  • Pool features: None
  • Patio & porch: Covered,Porch

Lot

  • Lot size: 0.69 Acres
  • Lot size dimensions: 199 x 178

Parking

  • Total spaces: 2
  • Parking features: Two Car Garage,Attached
  • Has garage: Yes
  • Attached garage spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado

FEMA Declared Disasters in Oakland County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,516$18,192
Home Insurance *$123$1,476
Property Taxes $312$3,744
Electricity $188$2,259
Total$2,139$25,668
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$73,337/yr
40% on housing$64,170/yr
45% on housing$57,040/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.2%
14.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$186This listing

vs Other Active Listings

Avg $/sqft

ZIP 48331$171
Oakland County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 48331$180
Oakland County$192

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-11Pending sale$299,900
2026-07-26Listed for sale$299,900
2024-07-26Sold$230,000
2024-06-07Pending sale$279,900
2024-05-09Price change$279,900
2024-04-11Listed for sale$295,900
2002-06-28Sold$270,000

For Sale by Agent

AgentAdora Kassab Ibrahim
BrokerageLighthouse Real Estate Group Inc

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