NOT LISTED FOR SALE

1411 Lochridge Rd Bloomfield Hills, MI 48302

Estimated Value: $1,123,000 - $3,380,000

4 Beds
7 Baths
4,096 Sq Ft
$556/Sq Ft Est. Value

Last Sold October 20, 2016

Last sale price $2,750,000 $671 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $14,836/month

81 Days on Market

Highlights

  • Lake Front
  • Dock Facilities
  • Contemporary Architecture
  • Way Elementary School Rated A
  • 1.71 Acre Lot
  • Covered patio or porch

About This Home

As of October 2016

HUGE PRICE DROP. ONE-OF-A-KIND HOME & WATERFRONT w/ approx 7,000 total finished sq ft! This DON PAUL YOUNG designed masterpiece sits atop the most desirable lot on LOWER LONG LAKE and Oakland county - a 1.7 ACRE PENNINSULA w/ 1,300 FT of magnificent lake frontage and half an island! The home won Detroit Home's 2010 1st place Design award. True to Young’s style, the home features a few round rooms, steel sub-structures & extensive use of frameless glass to perfectly capture the wrap around water views. Expansive patio overlooks the water, creating a sense of being on a ship's bow. 2005 REMODEL FEATURES: ENTRY LEVEL MASTER & LAUNDRY, stained glass accents & entryway, select granites, Ipe Brazilian walnut floor, SS appliances in a spacious kitchen w/ gathering room & dining area. Library could be 2nd entry lev bdrm. Standby generator, NEW HE FURNACES, NEW ROOF, mechanics workshop, 4-CAR HEATED GARAGE, 2 w/ AC, car lover's dream! BH SCHOOLS. Click movie reel icon for stunning AERIAL VIDEO

Last Listed By

Nancy Karas

Max Broock, REALTORS®-Bloomfield Hills License #6501359446 Listed on: 06/02/2016

Max Broock, REALTORS®-Bloomfield Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1968 | Remodeled in 2005

Lot Details

  • 1.71 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Irregular Lot

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Rubber Roof
  • Stucco

Interior Spaces

  • 4,096 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Central Vacuum
  • Gas Fireplace
  • Water Views
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • 4 Car Direct Access Garage
  • Heated Garage
  • Workshop in Garage
  • Garage Door Opener

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • Seawall
  • Dock Facilities
  • Balcony
  • Covered patio or porch
  • Exterior Lighting

Utilities

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

Community Details

  • Indianwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1908351010

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,454

Year Built

Built in 1968 | Remodeled in 2005

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: 3 Story
  • Assessment: $750 lake weed-$22,300 bridge/road
  • Year Built: 1968
  • Year Renovated: 2005
  • Foundation Features: Sump Pump
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Air Purifier, Cable Available, Central Vacuum, Security Alarm (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Room Count: 20
  • Total Bedrooms: 4
  • Total Bathrooms: 4.30
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 6896
  • Sq Ft Lower Floor: 2800
  • Total Sq Ft: 4096
  • Sq Ft Total Bsmt: 3700

Exterior Features

  • Roof Material: Rubber
  • Waterfront Name: Lower Long Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Stucco
  • Construction Features: Platted Sub.
  • Exclusions: Yes
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 1300
  • Porch Type: Balcony, Patio, Porch, Porch - Covered
  • Road Frontage Type: Paved, Private
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 4 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity, Heated, Side Entrance, Workshop
  • 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: 200
  • Association Fee: No

Schools

  • School District: Bloomfield Hills

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1748538.0117
  • Lot Features: Irregular, Water View
  • Lot Size Area: 1.71
  • Lot Dimensions: 1300 lake frontage - irregular dimensions
  • Parcel Number: 1908351010

Tax Info

  • Tax Amount Summer: 15064.0000
  • Tax Amount Winter: 14390.0000
  • Total Tax: 29454.0000

Multi Family

  • Waterfront Features: Dock Facilities, Sea Wall

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2020
Sold by
Jacobs Michael J and Jacobs Alissa D
Bought by
Jacobs Michael and Jacobs Alissa
Total Days on Market
81
Current Estimated Value
$2,277,761

Purchase Details

Listed on
Jun 2, 2016
Closed on
Oct 20, 2016
Sold by
Wells Suzanne M and The Suzanne M Wells Trust
Bought by
Jacobs Michael J and Jacobs Alissa D
Seller's Agent
Nancy Karas
Max Broock, REALTORS®-Bloomfield Hills
Buyer's Agent
Nancy Karas
Max Broock, REALTORS®-Bloomfield Hills
List Price
$2,990,000
Sold Price
$2,750,000
Premium/Discount to List
-$240,000
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.17%
Original Mortgage
$2,000,000
Outstanding Balance
$1,630,935
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$646,826

Purchase Details

Closed on
Nov 23, 2011
Sold by
Wells Suzanne M
Bought by
Wells Suzanne M and Suzanne M Wells Declaration Of Trust

Purchase Details

Closed on
May 21, 2004
Sold by
Wells Suzanne M and Herbert L Misch Declaration Of
Bought by
Wells Suzanne M

Range of Values:

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Average Value
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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
Jacobs Michael -- None Available
Jacobs Michael J $2,750,000 None Available
Wells Suzanne M -- None Available
Wells Suzanne M -- --
Herbert L Misch Declaration Of Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobs Michael J $400,000
Open Jacobs Michael J $2,000,000
Previous Owner Wells William J $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2016 10/20/16 Sold $2,750,000 -8.0% $671 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $2,990,000 -- $730 / 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 $24,840 $1,520,490 $0 $0
2023 $24,038 $1,394,800 $0 $0
2022 $45,173 $1,316,630 $0 $0
2021 $45,164 $1,251,870 $0 $0
2020 $28,393 $1,232,100 $0 $0
2019 $55,172 $1,220,740 $0 $0
2018 $42,392 $1,132,940 $0 $0
2017 $42,087 $1,084,730 $0 $0
2016 $29,755 $1,039,140 $0 $0
2015 -- $1,028,490 $0 $0
2014 -- $810,680 $0 $0
2011 -- $696,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216053761

Realcomp

APN: 19-08-351-010