NOT LISTED FOR SALE

1281 Covington Rd Bloomfield Hills, MI 48301

Estimated Value: $1,318,922 - $2,099,000

5 Beds
6 Baths
3,771 Sq Ft
$438/Sq Ft Est. Value

Last Sold September 08, 2014

Last sale price $1,070,000 $284 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $9,977/month

16 Days on Market

Highlights

  • Colonial Architecture
  • 3 Car Direct Access Garage
  • Patio
  • Quarton Elementary Rated A
  • Wet Bar
  • Security System Owned

About This Home

As of September 2014

Bloomfield Village at its best! Spacious updated Colonial with outstanding detail and timeless charm. Stately columned entry with bluestone porch and circular drive. Architectural detailing throughout. Sophisticated Living Room with cove ceiling, bay window and gas fireplace. Spacious Kitchen has granite island with breakfast bar and opens to the informal Dining area with bay window and fireplaced Family Room. Formal Dining Room. Large Office/Library with bay window. 1st floor Laundry. Mud room off of 3-car garage. Two staircases to expansive upper level. Stylish Master Suite has gorgeous backyard views through a large picture window, Master Bath with dual vanities, and a walk-in-closet. Additional library/office space on upper level. Finished lower level with Rec Room, entertainment space with wet bar, Fitness area, storage areas and ½ bath. Private landscaped yard with large paver patio. Outstanding home, not to be missed! Exclusions.

Last Agent to Sell the Property

Meredith Colburn

The Agency Hall & Hunter License #6501264181 Listed on: 06/30/2014

The Agency Hall & Hunter

Last Buyer's Agent

Fadl Badreddine

Max Broock, REALTORS®-Bloomfield Hills License #RCO-6501380312

Max Broock, REALTORS®-Bloomfield Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1963 | Remodeled in 2002

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 130x150

HOA Fees

  • $5 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 3,771 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Security System Owned
  • Finished Basement

Kitchen

  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

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

Community Details

  • Judson Bradway's Bloomfield Vlg No 10 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1927226034

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,668

Year Built

Built in 1963 | Remodeled in 2002

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1963
  • Year Renovated: 2002
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Humidifier, Security Alarm (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas, Natural
  • Fireplace Locations: Family Room, Living Room
  • Room Count: 19
  • Total Bedrooms: 5
  • Total Bathrooms: 3.30
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 5246
  • Sq Ft Lower Floor: 1475
  • Total Sq Ft: 3771
  • Sq Ft Total Bsmt: 2033

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exclusions: Yes
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 130
  • Porch Type: Patio
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 65
  • Association Fee: No

Schools

  • School District: Birmingham

Lot Info

  • Homestead: Yes
  • List Price per Acre: 2444444.4444
  • Lot Size Area: 0.45
  • Lot Dimensions: 130X150
  • Parcel Number: 1927226034

Tax Info

  • Tax Amount Summer: 7326.0000
  • Tax Amount Winter: 6342.0000
  • Total Tax: 13668.0000

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2014
Closed on
Sep 8, 2014
Sold by
Stipp Keith D and Stipp Janice E
Bought by
Ram Sumant and Rajan Archana
Seller's Agent
Meredith Colburn
The Agency Hall & Hunter
Buyer's Agent
Fadl Badreddine
Max Broock, REALTORS®-Bloomfield Hills
List Price
$1,100,000
Sold Price
$1,070,000
Premium/Discount to List
-$30,000
-2.73%
Current Estimated Value
$1,650,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,731
Avg. Annual Appreciation
3.75%
Original Mortgage
$1,000,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2006
Sold by
Stipp Keith D
Bought by
Stipp Keith D and Stipp Janice E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 26, 2001
Sold by
Mckeon David
Bought by
Stipp Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$717,500
Interest Rate
7.18%
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
Ram Sumant -- Capital Title Ins Agency
Stipp Keith D -- None Available
Stipp Keith $1,025,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ram Sumant $337,600
Closed Ram Sumant $250,000
Closed Ram Sumant $159,000
Closed Ram Sumant $150,000
Closed Ram Sumant $150,000
Closed Ram Sumant $1,000,000
Previous Owner Stipp Keith D $246,500
Previous Owner Stipp Keith D $488,000
Previous Owner Stipp Keith $155,000
Previous Owner Stipp Keith $717,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2014 09/08/14 Sold $1,070,000 -2.7% $284 / Sq Ft
07/16/2014 07/16/14 Pending -- -- --
06/30/2014 06/30/14 For Sale $1,100,000 -- $292 / 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 $10,257 $551,610 $0 $0
2023 $9,843 $494,210 $0 $0
2022 $17,355 $490,990 $0 $0
2021 $17,551 $500,780 $0 $0
2020 $9,455 $479,950 $0 $0
2019 $17,516 $459,170 $0 $0
2018 $18,775 $438,940 $0 $0
2017 $17,228 $427,980 $0 $0
2016 $17,453 $414,720 $0 $0
2015 -- $395,090 $0 $0
2014 -- $353,180 $0 $0
2011 -- $289,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Meredith Colburn

    Seller's Agent in 2014

    Meredith Colburn

    The Agency Hall & Hunter

    (248) 762-5319

    51 in this area

    247 Total Sales

    Meredith Colburn
    Section Image

  • F

    Buyer's Agent in 2014

    Fadl Badreddine

    Max Broock, REALTORS®-Bloomfield Hills

    (248) 757-9939

    4 in this area

    13 Total Sales

    Fadl Badreddine
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 214064694

Realcomp

APN: 19-27-226-034

Michigan Oakland County Bloomfield Hills 48301

1281 Covington Rd, Bloomfield Hills, MI

This home is located at 1281 Covington Rd, Bloomfield Hills, MI 48301 since 30 June 2014 and is currently estimated at $1,650,731, approximately $437 per square foot. This property was built in 1963. 1281 Covington Rd is a home located in Oakland County with nearby schools including Quarton Elementary, Derby Middle School, and Ernest W. Seaholm High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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