NOT LISTED FOR SALE

1248 Cedarholm Ln Bloomfield Hills, MI 48302

Estimated Value: $1,988,000 - $3,004,000

4 Beds
6 Baths
5,022 Sq Ft
$471/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $1,805,000 $359 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $14,399/month

24 Days on Market

Highlights

  • On Golf Course
  • Built-In Freezer
  • Deck
  • Way Elementary School Rated A
  • Colonial Architecture
  • Ground Level Unit

About This Home

As of October 2020

Masterpiece on Forest Lake Golf Course. Dramatic 2 story foyer opens to great room w/soaring ceiling, fireplace & wall of windows welcoming you to this quality like new home! The open floor plan continues into the dining room & door wall to back deck w/glass walls providing unobstructed views. Spectacular kitchen w/granite counters, seated island & breakfast area opens to spacious family room w/fireplace & access to screened-in porch w/fireplace. Luxurious first floor owners wing is complete w/dual closets & spa bath w/radiant heat, soaking tub, & euro shower. Library, mudroom, & laundry complete the first floor. The 2nd floor offers 3 additional bedroom suites. Bonus loft space in 2 of the bedrooms. Daylight basement ready to be finished to your liking. Views of golf course from almost every room. *PRIOR TO MAKING AN APPOINTMENT PLEASE EMAIL POF OR PRE-APPROVAL TO LISTING AGENT*

Last Listed By

Katherine Broock

Max Broock, REALTORS®-Birmingham License #6501240456 Listed on: 08/14/2020

Max Broock, REALTORS®-Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2017

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 159x140x105x184
  • On Golf Course
  • Sprinkler System

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding
  • Chimney Cap

Interior Spaces

  • 5,022 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Security System Owned

Kitchen

  • Double Self-Cleaning Oven
  • Built-In Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Built-In Freezer
  • Built-In Refrigerator
  • ENERGY STAR Qualified Freezer
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Sump Pump
  • Natural lighting in basement

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Enclosed patio or porch
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

  • Humidifier
  • Forced Air Zoned 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 1908426014

Community Details

Overview

  • No Home Owners Association
  • Replat Of Forest Lake Country Club Estates Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,163

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2017
  • State Equalized Value: 789370.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Programmable Thermostat, Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas, Natural
  • Fireplace Locations: Family Room, Great Room
  • Room Count: 21
  • Total Bedrooms: 4
  • Total Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Daylight, Unfinished
  • Kitchen Appliances: Gas Cooktop, Dishwasher, Disposal, Dryer, Built-In Freezer, ENERGY STAR® qualified freezer, Microwave, Built-In Electric Oven, Double Oven, Self Cleaning Oven, Range Hood, Built-In Refrigerator, ENERGY STAR® qualified refrigerator, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 5022
  • Total Sq Ft: 5022
  • Sq Ft Total Bsmt: 3600

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Stone
  • Exclusions: Yes
  • Exterior Features: Chimney Cap(s), Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 159
  • Porch Type: Deck, Porch - Covered, Porch - Enclosed
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Radiant, Zoned
  • 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: Bloomfield Hills

Lot Info

  • Homestead: Yes
  • List Price per Acre: 4145833.3333
  • Lot Features: On Golf Course (Golf Frontage), Sprinkler(s)
  • Lot Size Area: 0.48
  • Lot Dimensions: 159x140x105x184
  • Parcel Number: 1908426014

Tax Info

  • Tax Amount Summer: 13458.0000
  • Tax Amount Winter: 12705.0000
  • Total Tax: 26163.0000
  • Taxable Value: 707430.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2020
Closed on
Oct 2, 2020
Sold by
Ye Brandon and Pan Xiufeng
Bought by
Reddy Preetham and Reddy Ashok
Seller's Agent
Katherine Broock
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Tushar Vakhariya
KW Domain
List Price
$1,990,000
Sold Price
$1,805,000
Premium/Discount to List
-$185,000
-9.3%
Total Days on Market
24
Current Estimated Value
$2,364,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$559,736
Avg. Annual Appreciation
6.02%
Original Mortgage
$1,200,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2018
Sold by
The Frankel Organization Llc
Bought by
Ye Brandon and Pan Xiufeng

Purchase Details

Closed on
Sep 24, 2015
Sold by
Frankel Laurie R
Bought by
The Frankel Organization Llc

Purchase Details

Listed on
May 3, 2014
Closed on
Jun 6, 2014
Sold by
Strait Ann W and Strait Roger W
Bought by
Frankel Laurie
Seller's Agent
Fadl Badreddine
Max Broock, REALTORS®-Bloomfield Hills
Buyer's Agent
Jeffrey Barker
Max Broock, REALTORS®-Birmingham
List Price
$307,800
Sold Price
$323,000
Premium/Discount to List
$15,200
4.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.94%

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
Reddy Preetham -- None Available
Ye Brandon $1,710,000 None Available
The Frankel Organization Llc -- None Available
Frankel Laurie $323,000 Capital Title Ins Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reddy Preetham Y $1,200,000
Previous Owner Frankel Organization Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $1,805,000 -9.3% $359 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $1,990,000 +516.1% $396 / Sq Ft
06/06/2014 06/06/14 Sold $323,000 +4.9% $199 / Sq Ft
05/09/2014 05/09/14 Pending -- -- --
05/03/2014 05/03/14 For Sale $307,800 -- $190 / 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 $15,450 $872,380 $0 $0
2023 $14,951 $790,540 $0 $0
2022 $28,298 $794,750 $0 $0
2021 $28,095 $734,060 $0 $0
2020 $13,458 $789,370 $0 $0
2019 $25,833 $694,240 $0 $0
2018 $24,791 $652,910 $0 $0
2017 $7,344 $198,490 $0 $0
2016 $2,044 $50,990 $0 $0
2015 -- $139,870 $0 $0
2014 -- $110,750 $0 $0
2011 -- $109,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200064575

Realcomp

APN: 19-08-426-014