NOT LISTED FOR SALE

1424 Inwoods Cir Bloomfield Hills, MI 48302

Estimated Value: $3,725,590 - $5,022,000

6 Beds
8 Baths
7,879 Sq Ft
$532/Sq Ft Est. Value

Last Sold January 26, 2021

Last sale price $3,400,000 $432 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $26,122/month

94 Days on Market

Highlights

  • 151 Feet of Waterfront
  • Dock Facilities
  • French Country Architecture
  • Way Elementary School Rated A
  • Built-In Freezer
  • Fireplace in Primary Bedroom

About This Home

As of January 2021

Custom built masterpiece architecturally designed to capture the beauty of lakefront living on Lower Long Lake w/canal access to all sports Upper Long Lake. Grand marble foyer w/sweeping staircase leads to formal living room w/breathtaking lake views. Library w/hardwood floors & covered patio. Dining room w/butlers pantry. Luxurious gourmet kitchen w/2 oversized islands, custom cabinetry, premium appliances, coved ceiling & limestone floors opens to 2-story light-filled breakfast area & great room. Large mudroom. Master suite w/lake view includes sitting areas, fireplace, wet bar, dual walk-in closets, & spa-like bath w/soaking tub, dual vanities & glass shower. Additional 3 bedroom suites. 3rd floor w/spacious bedroom suite. Finished walkout LL w/billiards area, family room, bar w/folding glass wall to exterior, home theater, & bedroom suite. Control4 Home Automation. 3/4 home Generator. Incredible outdoor space w/pristine landscape, stonework, patios, & beach. Framed for elevator.

Last Listed By

Katherine Broock

Max Broock, REALTORS®-Birmingham License #6501240456 Listed on: 08/27/2020

Max Broock, REALTORS®-Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2016

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 140x182x151x155
  • 151 Feet of Waterfront
  • Lake Front

HOA Fees

  • $13 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 7,879 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Sound System
  • Gas Fireplace
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Water Views

Kitchen

  • Double Self-Cleaning Convection Oven
  • Built-In Electric Oven
  • Built-In Gas Range
  • Range Hood
  • Microwave
  • Built-In Freezer
  • Built-In Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Jetted Tub in Primary Bathroom

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Basement Window Egress

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors

Parking

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

Outdoor Features

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

Location

  • Ground Level

Utilities

  • ENERGY STAR Qualified Air Conditioning
  • Humidifier
  • Forced Air Zoned Heating and Cooling System
  • Heating system powered by renewable energy
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Programmable Thermostat
  • Whole House Permanent Generator
  • Natural Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1917201003

Community Details

Overview

  • Lochslea Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,945

Year Built

Built in 2016

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Country French
  • Architecture Level: 3 Story
  • Assessment: 1100.31
  • Year Built: 2016
  • State Equalized Value: 1489020.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Cable Available, Carbon Monoxide Alarm(s), Egress Window(s), High Spd Internet Avail, Humidifier, Intercom, Jetted Tub, Programmable Thermostat, Security Alarm (owned), Sound System, Water Softener (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas, Natural
  • Fireplace Locations: Great Room, Living Room, Primary Bedroom
  • Room Count: 26
  • Total Bedrooms: 6
  • Total Bathrooms: 6.20
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Daylight, Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Built-In Freezer, Microwave, Built-In Electric Oven, Convection Oven, Double Oven, Self Cleaning Oven, Built-In Gas Range, Range Hood, Built-In Refrigerator, Stainless Steel Appliance(s), Wine Cooler, Wine Refrigerator
  • Sq Ft Combined: 9879
  • Sq Ft Lower Floor: 2000
  • Total Sq Ft: 7879
  • Sq Ft Total Bsmt: 3497

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lower Long Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Stone
  • Exclusions: Yes
  • Exterior Features: Chimney Cap(s), Lighting, Whole House Generator
  • Foundation Materials: Poured
  • Frontage Feet: 140
  • Porch Type: Balcony, Patio, Porch - Covered
  • Road Frontage Type: Paved
  • Water Frontage Feet: 151.00
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 4 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity, Heated
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air, ENERGY STAR® Qualified A/C Equipment
  • Heating: ENERGY STAR® Qualified Furnace Equipment, 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 Frequency: Annually
  • Association Fee: 150
  • Association Fee: Yes

Schools

  • School District: Bloomfield Hills

Lot Info

  • Homestead: Yes
  • List Price per Acre: 5779687.5000
  • Lot Features: Water View
  • Lot Size Area: 0.64
  • Lot Dimensions: 140x182x151x155
  • Parcel Number: 1917201003

Tax Info

  • Tax Amount Summer: 25640.0000
  • Tax Amount Winter: 25305.0000
  • Total Tax: 50945.0000
  • Taxable Value: 1347750.0000

Multi Family

  • Waterfront Features: Boat Facilities, Dock Facilities

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Jan 26, 2021
Sold by
Zeni Ferras and Katranji Zeni Serene
Bought by
Ludy Ernest G and Ernest G Ludy Revocable Trust
Seller's Agent
Katherine Broock
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Katherine Broock
Max Broock, REALTORS®-Birmingham
List Price
$3,699,000
Sold Price
$3,400,000
Premium/Discount to List
-$299,000
-8.08%
Total Days on Market
94
Current Estimated Value
$4,190,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$790,197
Avg. Annual Appreciation
4.94%
Original Mortgage
$2,000,000
Outstanding Balance
$1,809,079
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$2,381,118

Purchase Details

Listed on
Apr 5, 2013
Closed on
Sep 13, 2013
Sold by
Rigby Susan
Bought by
Zeni Ferras and Katranji Zeni Serene
Seller's Agent
John Hannett
Berkshire Hathaway HomeServices Kee Realty Bham
Buyer's Agent
Najwa Atty
Real Estate One-W Blmfld
List Price
$795,000
Sold Price
$750,000
Premium/Discount to List
-$45,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.73%
Original Mortgage
$600,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 10, 2007
Sold by
Peterson Leo V and Peterson Helen J
Bought by
Fidelity Bank and Community Bank Of Dearborn

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
Ludy Ernest G -- None Available
Zeni Ferras $750,000 Devon Title Agency
Fidelity Bank $800,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ludy Ernest G $2,000,000
Previous Owner Zeni Ferras $640,000
Previous Owner Zeni Ferras $425,000
Previous Owner Zeni Ferras $1,850,000
Previous Owner Zeni Ferras $1,350,000
Previous Owner Zeni Ferras $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2021 01/26/21 Sold $3,400,000 -8.1% $432 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $3,699,000 +393.2% $469 / Sq Ft
09/13/2013 09/13/13 Sold $750,000 -5.7% --
08/24/2013 08/24/13 Pending -- -- --
04/05/2013 04/05/13 For Sale $795,000 -- --
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 $31,844 $1,998,580 $0 $0
2023 $30,816 $1,689,550 $0 $0
2022 $57,911 $1,551,780 $0 $0
2021 $52,305 $1,558,280 $0 $0
2020 $25,640 $1,489,020 $0 $0
2019 $50,315 $1,699,810 $0 $0
2018 $49,456 $1,577,730 $0 $0
2017 $50,403 $1,504,190 $0 $0
2016 $46,521 $1,180,640 $0 $0
2015 -- $392,880 $0 $0
2014 -- $150,020 $0 $0
2011 -- $187,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200070321

Realcomp

APN: 19-17-201-003