NOT LISTED FOR SALE

118 Waterfall Ln Birmingham, MI 48009

Estimated Value: $3,414,000 - $5,374,000

4 Beds
8 Baths
5,214 Sq Ft
$854/Sq Ft Est. Value

Last Sold September 16, 2020

Last sale price $4,595,000 $881 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $28,841/month

127 Days on Market

Highlights

  • 83 Feet of Waterfront
  • In Ground Pool
  • Fireplace in Primary Bedroom
  • Pierce Elementary School Rated A
  • Built-In Refrigerator
  • 3-minute walk to Quarton Lake Park

About This Home

As of September 2020

Magnificence at every turn, words cannot begin to convey the level of excellence in this award winning masterpiece. Experience the brilliantly executed design, craftsmanship, and style that transcends the epitome of luxury. Collapsible glass walls overlook panoramic views of Quarton Lake. Situated just steps from Birmingham's top restaurants, entertainment, shopping and parks, this rare home truly must be seen to appreciated......118 Waterfall ~ A property like no other

Last Agent to Sell the Property

Renee Lossia Acho

KW Domain License #6501305857 Listed on: 05/05/2020

KW Domain

Last Buyer's Agent

Renee Lossia Acho

KW Domain License #6501305857 Listed on: 05/05/2020

KW Domain

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2015

Lot Details

  • 0.25 Acre Lot
  • 83 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Fenced
  • Irregular Lot

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Stone Siding
  • Cedar

Interior Spaces

  • 5,214 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Bar Fridge
  • Great Room with Fireplace
  • Water Views
  • Security System Owned

Kitchen

  • Built-In Gas Range
  • Range Hood
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Fireplace in Basement

Parking

  • 3 Car Direct Access Garage
  • Heated Garage
  • Garage Door Opener

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Seawall
  • Balcony
  • Patio
  • Terrace
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1926477019

Community Details

Overview

  • No Home Owners Association
  • Waterfall Lane Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,179

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Year Built: 2015
  • State Equalized Value: 1301700.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Central Vacuum, High Spd Internet Avail, Intercom, Programmable Thermostat, Security Alarm (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Locations: Basement, Great Room, Primary Bedroom
  • Room Count: 19
  • Total Bedrooms: 4
  • Total Bathrooms: 5.30
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Microwave, Built-In Gas Range, Range Hood, Built-In Refrigerator, Washer
  • Sq Ft Combined: 7614
  • Sq Ft Lower Floor: 2400
  • Total Sq Ft: 5214
  • Sq Ft Total Bsmt: 2500

Exterior Features

  • Roof Material: Composition
  • Waterfront Name: Quarton Lake
  • Pool: Yes
  • Waterfront: Yes
  • Foundation Details: Basement, Slab
  • Construction Materials: Cedar, Stone
  • Exterior Features: Fenced, Lighting, Pool - Inground, Spa/Hot-tub
  • Foundation Materials: Poured
  • Frontage Feet: 29
  • Porch Type: Balcony, Patio, Terrace
  • Road Frontage Type: Paved, Private
  • Water Frontage Feet: 83.00
  • Waterfront Description: Direct Water Frontage, Lake Front

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity, Heated, Side Entrance
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air, Radiant
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Birmingham

Lot Info

  • List Price per Acre: 19980000.0000
  • Lot Features: Irregular, Water View
  • Lot Size Area: 0.25
  • Lot Dimensions: IRREGULAR
  • Parcel Number: 1926477019

Tax Info

  • Tax Amount Summer: 53396.0000
  • Tax Amount Winter: 6783.0000
  • Total Tax: 60179.0000
  • Taxable Value: 1278230.0000

Multi Family

  • Waterfront Features: Sea Wall

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2020
Closed on
Sep 14, 2020
Sold by
Great Lakes Custom Builder Llc
Bought by
David C Benoit Declaration Of Trust
Seller's Agent
Renee Lossia Acho
KW Domain
Buyer's Agent
Renee Lossia Acho
KW Domain
List Price
$4,995,000
Sold Price
$4,595,000
Premium/Discount to List
-$400,000
-8.01%
Current Estimated Value
$4,451,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$143,412
Avg. Annual Appreciation
-0.63%

Purchase Details

Closed on
Apr 29, 2020
Sold by
Wiese James Anthony
Bought by
Great Lakes Custom Builder Llc

Purchase Details

Closed on
Oct 22, 2019
Sold by
Great Lakes Custom Builder Llc
Bought by
Wiese James Anthony

Purchase Details

Listed on
Dec 26, 2012
Closed on
Apr 12, 2013
Sold by
Hughes Ronald L and Hughes Terry L
Bought by
Great Lakes Custom Builder Llc
Seller's Agent
Meredith Colburn
The Agency Hall & Hunter
Buyer's Agent
Christine Drinkwater
Hall & Hunter-Birmingham
List Price
$750,000
Sold Price
$710,000
Premium/Discount to List
-$40,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.85%

Purchase Details

Closed on
Jul 23, 2004
Sold by
Scott Daisy A
Bought by
Hughes Ronald L and Hughes Terry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2000
Sold by
Scott Daisy A
Bought by
Scott Daisy A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
David C Benoit Declaration Of Trust -- Devon Title Agency
Great Lakes Custom Builder Llc -- Devon Title Agency
Wiese James Anthony -- None Available
Great Lakes Custom Builder Llc $710,000 Seaver Title Agency Llc
Hughes Ronald L -- Philip R Seaver Title Co Inc
Hughes Ronald L -- Philip R Seaver Title Co Inc
Scott Daisy A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hughes Ronald L $880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2020 09/16/20 Sold $4,595,000 -8.0% $881 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $4,995,000 0.0% $958 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
05/05/2020 05/05/20 For Sale $4,995,000 +603.5% $958 / Sq Ft
04/11/2013 04/11/13 Sold $710,000 -5.3% --
03/28/2013 03/28/13 Pending -- -- --
12/26/2012 12/26/12 For Sale $750,000 -- --
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 $62,878 $2,007,880 $0 $0
2023 $60,252 $1,872,060 $0 $0
2022 $64,601 $1,716,660 $0 $0
2021 $65,171 $1,620,930 $0 $0
2020 $47,312 $1,322,260 $0 $0
2019 $60,179 $1,301,700 $0 $0
2018 $65,875 $1,278,680 $0 $0
2017 $53,038 $1,252,640 $0 $0
2016 $47,010 $908,310 $0 $0
2015 -- $212,030 $0 $0
2014 -- $187,030 $0 $0
2011 -- $156,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200024699

Realcomp

APN: 19-26-477-019