Record Finder / 26-002526-TT
Michigan
Anekant Jain Petitioner V City Of Ferndale Respondent
- Petitioner
- Anekant Jain
- Respondent
- City Of Ferndale
Case overview
- Docket number
- 26-002526-TT
- Status
- Answer Due
- CaseType
- SC Property
- Division
- Small Claims Division
- County
- Oakland
- Judge
- No judge assigned
Docket history
| Line # | Subject | Filer | Line Ref | Enter Date/Post Mark | Fee | Related Item |
|---|---|---|---|---|---|---|
| 4 | Answer was received | RESP | Not recorded | 09/22/2026 | Not recorded | Download |
| Not recorded | Not recorded | Not recorded | Not recorded | Not recorded | Not recorded | Download |
| 3 | Petition has been verified | PET | 1 | 09/21/2026 | Not recorded | Download |
| Not recorded | Not recorded | Not recorded | Not recorded | Not recorded | Not recorded | Download |
| 2 | Notice of Docket Number SC | Not recorded | Not recorded | 09/21/2026 | Not recorded | Download |
| 1 | A petition was received. | PET | Not recorded | 06/30/2026 | $0.00 | Download |
| Not recorded | Not recorded | Not recorded | Not recorded | Not recorded | Not recorded | Download |
Documents
MBOR Notice - Jain Anekant.pdfRead complete document text →
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Page 1
BOARD OF REVIEW DECISION FERNDALE, MI 48220-1797 300 EAST NINE MILE ROAD CITY OF FERNDALE FROM 2026 09/22/2026 07:12 PM 407 (RESIDENTIAL CONDOMINIUMS THIS PROPERTY IS CLASSIFIED JAIN, ANEKANT JAIN, SIDHIMA 335 GLENDALE LANE FERNDALE, MI 48220 T1N, R11E, SEC 34 OAKLAND COUNTY CONDOMINIUM PLAN NO 2225 PARKDALE TOWNES UNIT 14 L 51698 P 527 4 -11-18 FR 354-001 335 GLENDALE LN 24-24-25-34-355-014 PROPERTY IDENTIFICATION: (Parcel Code required. Property address and legal description optional.): NAME AND ADDRESS OF OWNER OR PERSON NAMED ON ASSESSMENT ROLL: They have made the following determination based on the information you supplied. 24-24-25-34-355-014 The Board has completed their review of parcel number Thank you for attending this years March Board of Review. The Board has reviewed the information you supplied and the data necessary to compute your assessment and taxable value. Board of Review Comments REDUCTION GRANTED. MARKET VALUE REDUCTION WARRANTED BASED ON SUBMITTED EVIDENCE 170,670 2026 ORIGINAL ASSESSED VALUE "BOARD OF REVIEW" ASSESSED VALUE 2026 165,000 (If the above amounts are the same, no revisions have occured) 170,670 2026 ORIGINAL TAXABLE VALUE 2026 165,000 "BOARD OF REVIEW" TAXABLE VALUE PRINCIPAL RESIDENCE EXEMPTION/QUALIFIED AG 2026 100.0000 Please feel free to contact the assessor at the address listed above or call if you have any questions. "Effective March 1, 2013, the Tribunal is no longer able to accept Small Claims letter appeals. Rather, you are required to file a petition to initiate a new Small Claims appeal. Petition forms are available on this website." http://www.michigan.gov/taxtrib/0,4677,7-187-38254---,00.html
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scanswer_valuation.pdfRead complete document text →
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STATE OF MICHIGAN GRETCHEN WHITMER GOVERNOR DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS LANSING MARLON I. BROWN, DPA DIRECTOR PROPERTY TAX APPEAL ANSWER FORM VALUATION / UNCAPPING APPEAL MTT DOCKET NO. 26-002526 Respondent’s Contact Information: Filer Type: Local Unit of Government Local Unit of Government: City Of Ferndale (OAKLAND) First Name M.I. Last Name Mailing Address (No., Street, P.O. Box or Rural Route) City or Town State ZIP Code Telephone Number E-mail Address Respondent’s Attorney/Authorized Representative’s Contact Information, if any: First Name Jessica M.I. M Last Name Deaton-Holden Firm Name (if any) City of Ferndale Address (No., Street, P.O. Box or Rural Route) 300 E Nine Mile Rd City or Town Ferndale State Michigan ZIP Code 48220 Telephone Number 2485462525 E-mail Address assessor@ferndalemi.gov Subject Property Information: Are the parcels listed by Petitioner contiguous or adjoining? If no, list all parcels that are adjoining in separate groupings. *If necessary, attach a separate sheet. N/A Does the subject property have a principal residence exemption of 50% or more? Yes
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STATE OF MICHIGAN GRETCHEN WHITMER GOVERNOR DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS LANSING MARLON I. BROWN, DPA DIRECTOR Please Explain Your Answer to this Appeal: Respondent maintains that the valuation in contention for the subject property was prepared in accordance with state law and guidance from the STC. Respondent will submit any necessary evidence to support the valuation prior to the hearing date. If necessary, respondent will contact the petitioner to obtain information and/or to schedule a site visit. Jurisdictional Issues: IF PETITIONER IS APPEALING THE TRUE CASH AND/OR TAXABLE VALUES: Did Petitioner protest the assessment at a Board of Review? Yes If Yes, check which Board of Review Petitioner attended: March If No, was the Notice of Assessment properly sent to Petitioner prior to the March Board of Review? *Submit a copy of the Notice of Assessment with the Answer. If the July or December Board of Review revised the assessment(s) at issue, did it have authority? If yes, please cite the Board’s authority? Was the assessment(s) at issue established as the result of a clerical error or mutual mistake of fact? No If yes, please explain Is Petitioner appealing from a State Tax Commission Order? No If yes, when was it issued? IF PETITIONER IS APPEALING THE UNCAPPING OF TAXABLE VALUE: When was the Notice of Uncapping issued? Under what statutory section was the taxable value uncapped?
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STATE OF MICHIGAN GRETCHEN WHITMER GOVERNOR DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS LANSING MARLON I. BROWN, DPA DIRECTOR Valuation Information: Parcel Identification Number: 24-25-34-355-014 Classification of Property: Real (check one) Residential (check one) Current Assessed Value as established by the Board of Review: 165000 Current Taxable Value as established by the Board of Review: 165000 What do you believe is the fair market value? 330000 What do you believe is the taxable value? Electronic Signature *Typing your name below will serve as your signature Respondent’s Signature: /s/ Jessica M. Deaton-Holden Attorney or Authorized Agent’s Signature: /s/
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MTT_Supporting_Exhibits.pdfRead complete document text →
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Supporting Exhibits Michigan Tax Tribunal Petition Property: 335 Glendale Ln, Ferndale, MI 48220 Parcel No: 24-25-34-355-014 Board of Review Petition No: MBOR-A24 Petitioner: Anekant Jain and Sidhima Jain Contents: 1. 2026 March Board of Review Decision Notice (Petition No. MBOR-A24) 2. 395 Glendale Ln — Sold $310,000, closed 5/11/2026 3. 340 Dale Ct — Sold $299,000, closed 5/8/2026 (listing view) 4. 340 Dale Ct — Sold $299,000, closed 5/8/2026 (map/date confirmation view) 5. 591 Parkside Way #16 — Pending, listed $299,900, 202+ days on market (MLS# 20251049830) 6. Licensed Appraisal Report — Class Valuation, effective date 1/28/2026, opinion of value $325,000
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Exhibit 1: 2026 March Board of Review Decision Notice Petition No. MBOR-A24 — Parcel 24-25-34-355-014
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Exhibit 2: 395 Glendale Ln, Ferndale, MI — Sold Sold $310,000 on May 11, 2026 — 3 bed/2.5 bath, 1,524 sq ft (same development)
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Exhibit 3: 340 Dale Ct, Ferndale, MI — Sold Sold $299,000 — 2 bed/3 bath, 1,414 sq ft, built 2020
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Exhibit 4: 340 Dale Ct, Ferndale, MI — Closing Date Confirmation Sold 05/08/2026, $299,000 — 2 bed/3 bath, 1,414 sq ft
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Exhibit 5: 591 Parkside Way #16, Ferndale, MI — Pending Listed $299,900, pending 202+ days — 3 bed/3 bath, 1,530 sq ft (MLS# 20251049830, appraiser's own comparable)
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Exhibit 6 Licensed Appraisal Report Class Valuation — Thomas Michael Wilkins, License #1204000176 Effective Date: 01/28/2026 — Opinion of Value: $325,000
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335 Glendale Ln OAKLAND COUNTY CONDOMINIUM PLAN NO 2225 PARKDALE TOWNES UNIT 1 Ferndale Oakland MI 48220 1734.00 47664 Contract Price Date of Contract Anekant Jain Guaranteed Rate Affinity, LLC 1,490 N;Res; 7 C3 4 2 2.1 Thomas Michael Wilkins 01/28/2026 325,000 Borrower Lender/Client Form SSF - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE SUMMARY OF SALIENT FEATURES SUBJECT INFORMATION Subject Address Legal Description City County State Zip Code Census Tract Map Reference PRICE & DATE $ PARTIES DESCRIPTION OF IMPROVEMENTS Size (Square Feet) Price per Square Foot Location Age Condition Total Rooms Bedrooms Baths $ APPRAISER Appraiser Effective Date of Appraisal VALUE Opinion of Value $
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Class Valuation 2699764378 3204410 335 Glendale Ln 1 Ferndale MI 48220 Anekant Jain Anekant Jain/Sidhima Jain Oakland OAKLAND COUNTY CONDOMINIUM PLAN NO 2225 PARKDALE TOWNES UNIT 1 25-34-355-014 2025 8,214 Parkdale Townes 1 47664 1734.00 0 275 Guaranteed Rate Affinity, LLC 1800 W Larchmont Ave Chicago, Il 60613 Per Realcomp 225 450 275 5 65 40 94 2 2 2 The subject is located north of 8 Mile Rd, east of Pinecrest Rd, south of 9 Mile Rd and west of Woodward Ave. The subject is located in a condominium project that contains townhouse style units in similar condition. Schools, shopping and parks are located nearby. No adverse conditions were observed. All forms of financing are available and in use. Demand is greater than supply and market values have been generally stable Seller concessions are available and in use. Marketing time is typically 0-90 days. Level 4.39 Acres Average N;Res; RM Multiple Family Residential Asphalt None X 26125C0684F 09/29/2006 No adverse conditions were observed. PRD/Realcomp 3 0 2019 5 BV/Vinyl A.C.S 73 1/1 Gar 20 73 73 0 73 0 73 1 73 0 73 0 73 Whitehall Management Company Form 1073UAD - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE Individual Condominium Unit Appraisal Report File # SUBJECT CONTRACT NEIGHBORHOOD PROJECT SITE PROJECT INFORMATION The purpose of this summary appraisal report is to provide the lender/client with an accurate, and adequately supported, opinion of the market value of the subject property. Property Address Unit # City State Zip Code Borrower Owner of Public Record County Legal Description Assessor's Parcel # Tax Year R.E. Taxes $ Project Name Phase # Map Reference Census Tract Occupant Owner Tenant Vacant Special Assessments $ HOA $ per year per month Property Rights Appraised Fee Simple Leasehold Other (describe) Assignment Type Purchase Transaction Refinance Transaction Other (describe) Lender/Client Address Is the subject property currently offered for sale or has it been offered for sale in the twelve months prior to the effective date of this appraisal? Yes No Report data source(s) used, offering price(s), and date(s). I did did not analyze the contract for sale for the subject purchase transaction. Explain the results of the analysis of the contract for sale or why the analysis was not performed. Contract Price $ Date of Contract Is the property seller the owner of public record? Yes No Data Source(s) Is there any financial assistance (loan charges, sale concessions, gift or downpayment assistance, etc.) to be paid by any party on behalf of the borrower? Yes No If Yes, report the total dollar amount and describe the items to be paid. Note: Race and the racial composition of the neighborhood are not appraisal factors. Neighborhood Characteristics Location Urban Suburban Rural Built-Up Over 75% 25-75% Under 25% Growth Rapid Stable Slow Condominium Unit Housing Trends Property Values Increasing Stable Declining Demand/Supply Shortage In Balance Over Supply Marketing Time Under 3 mths 3-6 mths Over 6 mths Condominium Housing PRICE $ (000) AGE (yrs) Low High Pred. Present Land Use % One-Unit % 2-4 Unit % Multi-Family % Commercial % Other % Neighborhood Boundaries Neighborhood Description Market Conditions (including support for the above conclusions) Topography Size Density View Specific Zoning Classification Zoning Description Zoning Compliance Legal Legal Nonconforming - Do the zoning regulations permit rebuilding to current density? Yes No No Zoning Illegal (describe) Is the highest and best use of subject property as improved (or as proposed per plans and specifications) the present use? Yes No If No, describe Utilities Public Other (describe) Public Other (describe) Electricity Gas Water Sanitary Sewer Off-site Improvements - Type Public Private Street Alley FEMA Special Flood Hazard Area Yes No FEMA Flood
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2699764
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scpetition_valuation.pdfRead complete document text →
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STATE OF MICHIGAN GRETCHEN WHITMER GOVERNOR DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS LANSING MARLON I. BROWN, DPA DIRECTOR 1 of 3 PROPERTY TAX APPEAL PETITION FORM VALUATION / UNCAPPING APPEAL MTT DOCKET NO. Petitioner’s Contact Information: Filer Type: Individual Local Unit of Government: First Name Anekant M.I. Last Name Jain Mailing Address (No., Street, P.O. Box or Rural Route) 335 Glendale Ln City or Town Ferndale State Michigan ZIP Code 48220 Telephone Number 2488256588 E-mail Address jainanekant@gmail.com Subject Property Information: How many parcels are you appealing? 1 If you are appealing more than one parcel, are they contiguous or adjoining? *If no, you must file separate appeals for each parcel N/A Property Address (No., Street) 335 Glendale Ln City or Town Ferndale County Oakland State Michigan ZIP Code 48220 Taxing Authority (City or Township) City Of Ferndale (OAKLAND) Check which of the following you are appealing: (check all that apply) True Cash and Taxable Values Please Explain the Reason for this Appeal:
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STATE OF MICHIGAN GRETCHEN WHITMER GOVERNOR DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS LANSING MARLON I. BROWN, DPA DIRECTOR 2 of 3 The 2026 Board of Review reduced the assessed and taxable value of the subject property to $165,000 (Petition No. MBOR-A24), but this remains above the property's true cash value. A licensed appraisal completed January 28, 2026 opined a market value of $325,000. Since that appraisal, closed sales of comparable units in the same immediate area confirm further softening of value below the appraised amount: 395 Glendale Ln sold 5/11/2026 for $310,000, and 340 Dale Ct — a similarly sized 2-bedroom/3-bath, 1,414 square foot townhouse built in 2020 — sold 5/8/2026 for $299,000. Additionally, 591 Parkside Way #16 — a comparable unit used in the January appraisal itself — has remained listed at $299,900 and pending sale for over 200 days as of this filing, further evidencing softening demand in the subject's development. Petitioner requests the assessed and taxable value be reduced to reflect a true cash value of approximately $300,000–$308,000, consistent with the attached evidence. Jurisdictional Issues: Did you protest the assessment at a Board of Review? Yes If Yes, check which Board of Review you attended: March If No, please check the applicable reason(s): Year(s) Under Appeal: 2026 Valuation Information for Each Parcel under Appeal: Parcel Number: 24-25-34-355-014 Classification of Property: Real (check one) Residential (check one) Current Assessed Value as established by the Board of Review: 165000 Current Taxable Value as established by the Board of Review: 165000 What do you believe is the fair market value? 304000 Multiply the True Cash Value by .5 and enter here. This is your contention of Assessed Value. 152000 If you believe the Taxable Value differs from your contention of Assessed Value, enter your contention of Taxable Value. 152000
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STATE OF MICHIGAN GRETCHEN WHITMER GOVERNOR DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS LANSING MARLON I. BROWN, DPA DIRECTOR 3 of 3 Electronic Signature *Typing your name below will serve as your signature Petitioner’s Signature: /s/ Anekant Jain Attorney or Authorized Agent’s Signature: /s/ Fee Information: If you do not have a Principal Residence Exemption of at least 50% at the time of the filing of this petition, you are required to pay a filing fee for the filing of this appeal. The filing fee is based on the greater of State Equalized Value or Taxable Value in contention. If you are appealing more than one parcel, the parcel with the highest State Equalized Value or Taxable Value in contention will be used to determine your filing fee, plus $25.00 will be added for each additional parcel being appealed. Property tax appeal: Residential** Non-Residential SEV or TV in contention* Filing fee*** Filing Fee** $100,000 or less...........................................................................................$ 125.00 $250.00 $100,000.01 to $500,000.00.........................................................................$ 200.00 N/A More than $500,000…..................................................................................$ 300.00 N/A Does the subject property have a principal residence exemption of at least 50% as of the date of the filing of this petition? Yes
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SC_Notice_of_Docket_Number.2026-09-21_07-39-17.pdfRead complete document text →
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STATE OF MICHIGAN GRETCHEN WHITMER GOVERNOR DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS LANSING MARLON I. BROWN, DPA DIRECTOR MICHIGAN TAX TRIBUNAL · 611 W. OTTAWA ST., LANSING, MI 48933 · 517-335-9760 PO BOX 30232, LANSING, MI 48909 · Other Carriers: 2407 N. GRAND RIVER AVE., LANSING, MI 48906 Anekant Jain, Petitioner, MICHIGAN TAX TRIBUNAL SMALL CLAIMS DIVISION v MTT Docket No. 26-002526 City Of Ferndale, Respondent. NOTICE OF DOCKET NUMBER TAKE NOTICE that a Small Claims petition has been filed and the above-noted docket number has been assigned to that petition. The assignment of the docket number does not mean that the Tribunal has authority over the petition or that the petition complies with the Tribunal’s rules. The docket number needs to be included on all documents submitted in this case. Respondent shall file an answer to the petition within 28 days of the issuance of a copy of this Notice to Respondent. Tribunal answer forms are available on our website at www.michigan.gov/taxtrib. Respondents must utilize the appropriate answer form. Failure to file the answer within the 28-day time frame may result in the placement of Respondent in default, as provided by TTR 281. Further, an electronic copy of the petition can be reviewed by utilizing the Docket Lookup Search on the Tribunal’s website. By: Tribunal Clerk Entered: September 21, 2026 PROOF OF SERVICE I certify that a copy of the foregoing was sent on the entry date indicated above to the parties or their attorneys or authorized representatives, if any, utilizing either the mailing or email addresses on file, as provided by those parties, attorneys, or authorized representatives. By: Tribunal Clerk
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STATE OF MICHIGAN GRETCHEN WHITMER GOVERNOR DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS LANSING MARLON I. BROWN, DPA DIRECTOR MICHIGAN TAX TRIBUNAL · 611 W. OTTAWA ST., LANSING, MI 48933 · 517-335-9760 PO BOX 30232, LANSING, MI 48909 · Other Carriers: 2407 N. GRAND RIVER AVE., LANSING, MI 48906 Anekant Jain, Petitioner, MICHIGAN TAX TRIBUNAL SMALL CLAIMS DIVISION v MTT Docket No. 26-002526 City Of Ferndale, Respondent. NOTICE OF DOCKET NUMBER TAKE NOTICE that a Small Claims petition has been filed and the above-noted docket number has been assigned to that petition. The assignment of the docket number does not mean that the Tribunal has authority over the petition or that the petition complies with the Tribunal’s rules. The docket number needs to be included on all documents submitted in this case. Respondent shall file an answer to the petition within 28 days of the issuance of a copy of this Notice to Respondent. Tribunal answer forms are available on our website at www.michigan.gov/taxtrib. Respondents must utilize the appropriate answer form. Failure to file the answer within the 28-day time frame may result in the placement of Respondent in default, as provided by TTR 281. Further, an electronic copy of the petition can be reviewed by utilizing the Docket Lookup Search on the Tribunal’s website. By: Tribunal Clerk Entered: September 21, 2026 PROOF OF SERVICE I certify that a copy of the foregoing was sent on the entry date indicated above to the parties or their attorneys or authorized representatives, if any, utilizing either the mailing or email addresses on file, as provided by those parties, attorneys, or authorized representatives. By: Tribunal Clerk
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STATE OF MICHIGAN GRETCHEN WHITMER GOVERNOR DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS LANSING MARLON I. BROWN, DPA DIRECTOR MICHIGAN TAX TRIBUNAL · 611 W. OTTAWA ST., LANSING, MI 48933 · 517-335-9760 PO BOX 30232, LANSING, MI 48909 · Other Carriers: 2407 N. GRAND RIVER AVE., LANSING, MI 48906 Anekant Jain, Petitioner, MICHIGAN TAX TRIBUNAL SMALL CLAIMS DIVISION v MTT Docket No. 26-002526 City Of Ferndale, Respondent. NOTICE OF DOCKET NUMBER TAKE NOTICE that a Small Claims petition has been filed and the above-noted docket number has been assigned to that petition. The assignment of the docket number does not mean that the Tribunal has authority over the petition or that the petition complies with the Tribunal’s rules. The docket number needs to be included on all documents submitted in this case. Respondent shall file an answer to the petition within 28 days of the issuance of a copy of this Notice to Respondent. Tribunal answer forms are available on our website at www.michigan.gov/taxtrib. Respondents must utilize the appropriate answer form. Failure to file the answer within the 28-day time frame may result in the placement of Respondent in default, as provided by TTR 281. Further, an electronic copy of the petition can be reviewed by utilizing the Docket Lookup Search on the Tribunal’s website. By: Tribunal Clerk Entered: September 21, 2026 PROOF OF SERVICE I certify that a copy of the foregoing was sent on the entry date indicated above to the parties or their attorneys or authorized representatives, if any, utilizing either the mailing or email addresses on file, as provided by those parties, attorneys, or authorized representatives. By: Tribunal Clerk
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MTT_Supporting_Exhibits.pdfRead complete document text →
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Supporting Exhibits Michigan Tax Tribunal Petition Property: 335 Glendale Ln, Ferndale, MI 48220 Parcel No: 24-25-34-355-014 Board of Review Petition No: MBOR-A24 Petitioner: Anekant Jain and Sidhima Jain Contents: 1. 2026 March Board of Review Decision Notice (Petition No. MBOR-A24) 2. 395 Glendale Ln — Sold $310,000, closed 5/11/2026 3. 340 Dale Ct — Sold $299,000, closed 5/8/2026 (listing view) 4. 340 Dale Ct — Sold $299,000, closed 5/8/2026 (map/date confirmation view) 5. 591 Parkside Way #16 — Pending, listed $299,900, 202+ days on market (MLS# 20251049830) 6. Licensed Appraisal Report — Class Valuation, effective date 1/28/2026, opinion of value $325,000
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Exhibit 1: 2026 March Board of Review Decision Notice Petition No. MBOR-A24 — Parcel 24-25-34-355-014
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Exhibit 2: 395 Glendale Ln, Ferndale, MI — Sold Sold $310,000 on May 11, 2026 — 3 bed/2.5 bath, 1,524 sq ft (same development)
Page 4
Exhibit 3: 340 Dale Ct, Ferndale, MI — Sold Sold $299,000 — 2 bed/3 bath, 1,414 sq ft, built 2020
Page 5
Exhibit 4: 340 Dale Ct, Ferndale, MI — Closing Date Confirmation Sold 05/08/2026, $299,000 — 2 bed/3 bath, 1,414 sq ft
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Exhibit 5: 591 Parkside Way #16, Ferndale, MI — Pending Listed $299,900, pending 202+ days — 3 bed/3 bath, 1,530 sq ft (MLS# 20251049830, appraiser's own comparable)
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Exhibit 6 Licensed Appraisal Report Class Valuation — Thomas Michael Wilkins, License #1204000176 Effective Date: 01/28/2026 — Opinion of Value: $325,000
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335 Glendale Ln OAKLAND COUNTY CONDOMINIUM PLAN NO 2225 PARKDALE TOWNES UNIT 1 Ferndale Oakland MI 48220 1734.00 47664 Contract Price Date of Contract Anekant Jain Guaranteed Rate Affinity, LLC 1,490 N;Res; 7 C3 4 2 2.1 Thomas Michael Wilkins 01/28/2026 325,000 Borrower Lender/Client Form SSF - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE SUMMARY OF SALIENT FEATURES SUBJECT INFORMATION Subject Address Legal Description City County State Zip Code Census Tract Map Reference PRICE & DATE $ PARTIES DESCRIPTION OF IMPROVEMENTS Size (Square Feet) Price per Square Foot Location Age Condition Total Rooms Bedrooms Baths $ APPRAISER Appraiser Effective Date of Appraisal VALUE Opinion of Value $
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Class Valuation 2699764378 3204410 335 Glendale Ln 1 Ferndale MI 48220 Anekant Jain Anekant Jain/Sidhima Jain Oakland OAKLAND COUNTY CONDOMINIUM PLAN NO 2225 PARKDALE TOWNES UNIT 1 25-34-355-014 2025 8,214 Parkdale Townes 1 47664 1734.00 0 275 Guaranteed Rate Affinity, LLC 1800 W Larchmont Ave Chicago, Il 60613 Per Realcomp 225 450 275 5 65 40 94 2 2 2 The subject is located north of 8 Mile Rd, east of Pinecrest Rd, south of 9 Mile Rd and west of Woodward Ave. The subject is located in a condominium project that contains townhouse style units in similar condition. Schools, shopping and parks are located nearby. No adverse conditions were observed. All forms of financing are available and in use. Demand is greater than supply and market values have been generally stable Seller concessions are available and in use. Marketing time is typically 0-90 days. Level 4.39 Acres Average N;Res; RM Multiple Family Residential Asphalt None X 26125C0684F 09/29/2006 No adverse conditions were observed. PRD/Realcomp 3 0 2019 5 BV/Vinyl A.C.S 73 1/1 Gar 20 73 73 0 73 0 73 1 73 0 73 0 73 Whitehall Management Company Form 1073UAD - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE Individual Condominium Unit Appraisal Report File # SUBJECT CONTRACT NEIGHBORHOOD PROJECT SITE PROJECT INFORMATION The purpose of this summary appraisal report is to provide the lender/client with an accurate, and adequately supported, opinion of the market value of the subject property. Property Address Unit # City State Zip Code Borrower Owner of Public Record County Legal Description Assessor's Parcel # Tax Year R.E. Taxes $ Project Name Phase # Map Reference Census Tract Occupant Owner Tenant Vacant Special Assessments $ HOA $ per year per month Property Rights Appraised Fee Simple Leasehold Other (describe) Assignment Type Purchase Transaction Refinance Transaction Other (describe) Lender/Client Address Is the subject property currently offered for sale or has it been offered for sale in the twelve months prior to the effective date of this appraisal? Yes No Report data source(s) used, offering price(s), and date(s). I did did not analyze the contract for sale for the subject purchase transaction. Explain the results of the analysis of the contract for sale or why the analysis was not performed. Contract Price $ Date of Contract Is the property seller the owner of public record? Yes No Data Source(s) Is there any financial assistance (loan charges, sale concessions, gift or downpayment assistance, etc.) to be paid by any party on behalf of the borrower? Yes No If Yes, report the total dollar amount and describe the items to be paid. Note: Race and the racial composition of the neighborhood are not appraisal factors. Neighborhood Characteristics Location Urban Suburban Rural Built-Up Over 75% 25-75% Under 25% Growth Rapid Stable Slow Condominium Unit Housing Trends Property Values Increasing Stable Declining Demand/Supply Shortage In Balance Over Supply Marketing Time Under 3 mths 3-6 mths Over 6 mths Condominium Housing PRICE $ (000) AGE (yrs) Low High Pred. Present Land Use % One-Unit % 2-4 Unit % Multi-Family % Commercial % Other % Neighborhood Boundaries Neighborhood Description Market Conditions (including support for the above conclusions) Topography Size Density View Specific Zoning Classification Zoning Description Zoning Compliance Legal Legal Nonconforming - Do the zoning regulations permit rebuilding to current density? Yes No No Zoning Illegal (describe) Is the highest and best use of subject property as improved (or as proposed per plans and specifications) the present use? Yes No If No, describe Utilities Public Other (describe) Public Other (describe) Electricity Gas Water Sanitary Sewer Off-site Improvements - Type Public Private Street Alley FEMA Special Flood Hazard Area Yes No FEMA Flood
Page 10
2699764
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scpetition_valuation.pdfRead complete document text →
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Page 1
STATE OF MICHIGAN GRETCHEN WHITMER GOVERNOR DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS LANSING MARLON I. BROWN, DPA DIRECTOR 1 of 3 PROPERTY TAX APPEAL PETITION FORM VALUATION / UNCAPPING APPEAL MTT DOCKET NO. Petitioner’s Contact Information: Filer Type: Individual Local Unit of Government: First Name Anekant M.I. Last Name Jain Mailing Address (No., Street, P.O. Box or Rural Route) 335 Glendale Ln City or Town Ferndale State Michigan ZIP Code 48220 Telephone Number 2488256588 E-mail Address jainanekant@gmail.com Subject Property Information: How many parcels are you appealing? 1 If you are appealing more than one parcel, are they contiguous or adjoining? *If no, you must file separate appeals for each parcel N/A Property Address (No., Street) 335 Glendale Ln City or Town Ferndale County Oakland State Michigan ZIP Code 48220 Taxing Authority (City or Township) City Of Ferndale (OAKLAND) Check which of the following you are appealing: (check all that apply) True Cash and Taxable Values Please Explain the Reason for this Appeal:
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STATE OF MICHIGAN GRETCHEN WHITMER GOVERNOR DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS LANSING MARLON I. BROWN, DPA DIRECTOR 2 of 3 The 2026 Board of Review reduced the assessed and taxable value of the subject property to $165,000 (Petition No. MBOR-A24), but this remains above the property's true cash value. A licensed appraisal completed January 28, 2026 opined a market value of $325,000. Since that appraisal, closed sales of comparable units in the same immediate area confirm further softening of value below the appraised amount: 395 Glendale Ln sold 5/11/2026 for $310,000, and 340 Dale Ct — a similarly sized 2-bedroom/3-bath, 1,414 square foot townhouse built in 2020 — sold 5/8/2026 for $299,000. Additionally, 591 Parkside Way #16 — a comparable unit used in the January appraisal itself — has remained listed at $299,900 and pending sale for over 200 days as of this filing, further evidencing softening demand in the subject's development. Petitioner requests the assessed and taxable value be reduced to reflect a true cash value of approximately $300,000–$308,000, consistent with the attached evidence. Jurisdictional Issues: Did you protest the assessment at a Board of Review? Yes If Yes, check which Board of Review you attended: March If No, please check the applicable reason(s): Year(s) Under Appeal: 2026 Valuation Information for Each Parcel under Appeal: Parcel Number: 24-25-34-355-014 Classification of Property: Real (check one) Residential (check one) Current Assessed Value as established by the Board of Review: 165000 Current Taxable Value as established by the Board of Review: 165000 What do you believe is the fair market value? 304000 Multiply the True Cash Value by .5 and enter here. This is your contention of Assessed Value. 152000 If you believe the Taxable Value differs from your contention of Assessed Value, enter your contention of Taxable Value. 152000
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STATE OF MICHIGAN GRETCHEN WHITMER GOVERNOR DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS LANSING MARLON I. BROWN, DPA DIRECTOR 3 of 3 Electronic Signature *Typing your name below will serve as your signature Petitioner’s Signature: /s/ Anekant Jain Attorney or Authorized Agent’s Signature: /s/ Fee Information: If you do not have a Principal Residence Exemption of at least 50% at the time of the filing of this petition, you are required to pay a filing fee for the filing of this appeal. The filing fee is based on the greater of State Equalized Value or Taxable Value in contention. If you are appealing more than one parcel, the parcel with the highest State Equalized Value or Taxable Value in contention will be used to determine your filing fee, plus $25.00 will be added for each additional parcel being appealed. Property tax appeal: Residential** Non-Residential SEV or TV in contention* Filing fee*** Filing Fee** $100,000 or less...........................................................................................$ 125.00 $250.00 $100,000.01 to $500,000.00.........................................................................$ 200.00 N/A More than $500,000…..................................................................................$ 300.00 N/A Does the subject property have a principal residence exemption of at least 50% as of the date of the filing of this petition? Yes
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