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31831 Grand River Ave Unit 3, Farmington, MI, 48336

1beds
1baths
490sqft
$98,000
$200price/sqft
$832/moest. monthly cost
$33,280/yrincome needed

About This Home

Welcome to this Beautiful condominium in the center of Farmington downtown .Updated kitchen .New carpet, new washer dryer in the unit. Spacious primary suite, and abundant natural light throughout. An assigned parking space is just outside the front entrance. Additional visitor parking is available. Association fee covers heat ,water maintenance of hot water tank and boiler, exterior building and grounds. The Brookdale clubhouse is located in community main building with beautiful views with upper balcony and lower patio. The swimming pool and other facilities are included . Storage area is also included in the community basement. Conveniently located near parks, shopping ,dinning and major commuter routes. It is in quiet neighborhood .Good schools. Don't miss this investment opportunity .Good Tenants occupied. Investors delight.

Getting Around

58
WalkingSomewhat Walkable
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

8/10
7/10
Power Middle SchoolGrades 5-81.6 mi
7/10
Farmington High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1964

Materials

  • Construction materials: Brick

Type & Style

  • Home type: Condo
  • Architectural style: Barndominium
  • Property subType: Condominium

Interior

Appliances

  • Laundry features: In Unit

Basement

  • Basement: Slab

Bathroom1

  • Level: Main
  • Area: 35
  • Dimensions: 5.00 x 7.00

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 1

Family Room

  • Level: Main
  • Area: 45
  • Dimensions: 9.00 x 5.00

Heating

  • Heating features: Baseboard,Forced Air

Interior Area

  • Total structure area: 490
  • Total interior livable area: 490 sqft

Kitchen

  • Level: Main
  • Area: 35
  • Dimensions: 7.00 x 5.00

Master Bedroom

  • Level: Main
  • Area: 150
  • Dimensions: 15.00 x 10.00

Property

Details

  • Parcel number: 2327453003

Features

  • Stories: 1

Lot

  • Lot size: 435.60 sqft

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 WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Heat Wave
Ice Storm
Strong Wind

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 $495$5,940
Home Insurance *$47$564
Property Taxes $102$1,224
Electricity $188$2,259
Total$832$9,984
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$28,525/yr
40% on housing$24,960/yr
45% on housing$22,186/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

$200This listing

vs Other Active Listings

Avg $/sqft

ZIP 48336$145
Oakland County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 48336$170
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)

Price History

DateEventPrice
2026-07-14Price change$98,000
2026-07-01Listed for sale$110,000
2026-04-03Listing removed$950
2025-11-18Price change$950
2025-10-14Listed for rent$1,050
2020-06-26Listing removed$850
2020-04-29Listed for rent$850
2019-03-20Listing removed$800
2019-02-08Listed for rent$800
2018-11-30Sold$53,000
2007-12-19Sold$33,500

For Sale by Agent

AgentNadia Aurfan
BrokerageKeller Williams Professionals

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