NOT LISTED FOR SALE

1055 Frankel Ln Bloomfield Hills, MI 48302

Estimated Value: $539,363 - $735,000

3 Beds
2.5 Baths
2,714 Sq Ft
$229/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $500,000 $184 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,868/month

75 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • No HOA
  • Way Elementary School Rated A
  • Ground Level Unit
  • Double Oven

About This Home

As of August 2023

Ranch. Could be the hardest feature to find! Take a close look at this opportunity to own a spacious ranch home in one of Metro Detroit's most desirable areas and it comes with many appreciated features. The living room, like many of the rooms in this home offers peaceful views out of every window and has a doorwall that leads to one of 2 spacious decks.The remodeled kitchen offers beautiful cabinetry with granite counters, built in double oven and electric cooktop and also offers a large eating space. The formal dining room is large enough to handle all your furniture and guests! Then there is the natural fireplace and full wall bookshelf in the family room and that leads to some quiet space in the bonus room, again with views you love to come home to. Primary bedroom also has a doorwall to the deck and a step in closet in the full bath. The other two bedrooms give you ample room size for the rest of the family. Newer furnace, hot water heater, whole house generator and septic serviced. Very desirable Franklin Road, Square Lake Road location offers Bloomfield schools, with close access to transportation, shopping, medical, you name it! Take a look today because this one could be the one!

Last Agent to Sell the Property

Frank Tarala, Jr

Sire Realty Frank Tarala License #6502407783 Listed on: 04/29/2023

Last Buyer's Agent

Barbara Przysiecki

LADY OF THE LAKES R.E.INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1974

Lot Details

  • 0.86 Acre Lot
  • Lot Dimensions are 200 x 200

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 2,714 Sq Ft Home
  • Ceiling Fan
  • Family Room with Fireplace
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Double Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1909152003

Community Details

Overview

  • No Home Owners Association
  • Hickory Knolls Sub Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,804

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1974
  • State Equalized Value: 203360.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Circuit Breakers
  • Fireplace: Yes
  • Fireplace Locations: Family Room
  • Room Count: 12
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Double Oven, Dryer, Electric Cooktop, Washer
  • Sq Ft Combined: 2714
  • Total Sq Ft: 2714
  • Sq Ft Total Bsmt: 1361

Exterior Features

  • Roof Material: Composition
  • Foundation Details: Crawl, Basement
  • Construction Materials: Brick Veneer
  • Foundation Materials: Poured
  • Frontage Feet: 200
  • Porch Type: Deck, Porch
  • Road Frontage Type: Gravel
  • Sideof Street: S

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Bloomfield Hills

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.86
  • Lot Dimensions: 200 x 200
  • Parcel Number: 1909152003

Tax Info

  • Tax Amount Summer: 3480.0000
  • Tax Amount Winter: 3324.0000
  • Total Tax: 6804.0000
  • Taxable Value: 182310.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2023
Closed on
Aug 18, 2023
Sold by
Patricia M Shamamy Revocable Trust
Bought by
Jancauskiene Daiva
Seller's Agent
Frank Tarala, Jr
Sire Realty Frank Tarala
Buyer's Agent
Barbara Przysiecki
LADY OF THE LAKES R.E.INC
List Price
$325,000
Sold Price
$500,000
Premium/Discount to List
$175,000
53.85%
Views
276
Current Estimated Value
$622,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,341
Avg. Annual Appreciation
10.74%
Original Mortgage
$424,150
Outstanding Balance
$415,555
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$198,812

Purchase Details

Closed on
Mar 13, 2006
Sold by
Shammamy Patricia M
Bought by
Shamamy Patricia M and Patricia M Shamamy Revocable Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jancauskiene Daiva $500,000 Premier Title
Shamamy Patricia M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jancauskiene Daiva $424,150
Previous Owner Shammamy Patricia M $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $500,000 +0.2% $184 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
07/02/2023 07/02/23 Price Changed $499,000 -9.1% $184 / Sq Ft
06/09/2023 06/09/23 Price Changed $549,000 -6.2% $202 / Sq Ft
05/30/2023 05/30/23 Price Changed $585,000 -2.3% $216 / Sq Ft
05/06/2023 05/06/23 Price Changed $599,000 -4.2% $221 / Sq Ft
04/29/2023 04/29/23 Price Changed $625,000 +92.3% $230 / Sq Ft
04/29/2023 04/29/23 For Sale $325,000 -- $120 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,722 $226,050 $0 $0
2023 $3,620 $220,780 $0 $0
2022 $6,804 $203,360 $0 $0
2021 $6,755 $227,800 $0 $0
2020 $3,311 $220,170 $0 $0
2019 $6,356 $217,540 $0 $0
2018 $6,385 $210,560 $0 $0
2017 $6,267 $196,890 $0 $0
2016 $6,279 $173,400 $0 $0
2015 -- $165,950 $0 $0
2014 -- $162,860 $0 $0
2011 -- $150,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230032216

Realcomp

APN: 19-09-152-003