NOT LISTED FOR SALE

1482 Lochridge Rd Bloomfield Hills, MI 48302

Estimated Value: $1,470,000 - $2,012,702

4 Beds
5 Baths
2,530 Sq Ft
$675/Sq Ft Est. Value

Last Sold August 10, 2016

Last sale price $1,000,000 $395 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $10,579/month

114 Days on Market

Highlights

  • Lake Front
  • Dock Facilities
  • 1.07 Acre Lot
  • Way Elementary School Rated A
  • Golf Course Community
  • Deck

About This Home

As of August 2016

HARD TO FIND RANCH on extra large lot, breathtakingly beautiful, private lake views from most every room and your very own island! HUGE POTENTIAL in this neighborhood of multi-million dollar homes! Many big ticket items already done: whole house generator, newer roof, multi-level deck, newer doorwalls/windows across back and side! Beautiful hardwood floors throughout! Entry level: large, open foyer and living room w/ vaulted ceilings, floor to ceiling stone wall, stone fireplace w/ copper accents, large dining room, ENTRY LEVEL MASTER SUITE, second bedroom, 2.5 baths, kitchen w/ breakfast area. Lower walk-out level with gorgeous lake views, too! This level has two bedrooms (library could be possible 5th bedroom), 1.5 baths, full kitchen, family room with gas fireplace, game room, 2 changing rooms and laundry room. Perfect in-law space! Dock and swimming raft included! Click on movie reel icon to view AERIAL VIDEO. BLOOMFIELD HILLS SCHOOLS! All info while deemed reliable, not guaranteed

Last Listed By

Nancy Karas

Max Broock, REALTORS®-Bloomfield Hills License #6501359446 Listed on: 03/14/2016

Max Broock, REALTORS®-Bloomfield Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1965 | Remodeled in 1982

Lot Details

  • 1.07 Acre Lot
  • Lot Dimensions are 300 x 188 x 272 x 103
  • Lake Front
  • Property fronts a private road

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 2,530 Sq Ft Home
  • Bar Fridge
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Water Views
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Dock Facilities
  • Deck
  • Covered patio or porch
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1908301005

Community Details

Overview

  • Indianwood Subdivision

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,613

Year Built

Built in 1965 | Remodeled in 1982

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: PAID OFF BRIDGE/ROAD ASSESSMENT
  • Year Built: 1965
  • Year Renovated: 1982
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Jetted Tub, Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room, Living Room
  • Room Count: 17
  • Total Bedrooms: 4
  • Total Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 4930
  • Sq Ft Lower Floor: 2400
  • Total Sq Ft: 2530
  • Sq Ft Total Bsmt: 2507

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: FOREST LAKE
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Stone
  • Construction Features: Platted Sub.
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 300
  • Porch Type: Deck, Patio, Porch - Covered
  • Road Frontage Type: Paved, Private
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • 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: 1073831.7757
  • Lot Features: Golf Community, Water View
  • Lot Size Area: 1.07
  • Lot Dimensions: 300 X 188 X 272 X 103
  • Parcel Number: 1908301005

Tax Info

  • Tax Amount Summer: 7315.0000
  • Tax Amount Winter: 7298.0000
  • Total Tax: 14613.0000

Multi Family

  • Waterfront Features: Dock Facilities

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2019
Sold by
Martin Aaron and Martin Francine G
Bought by
Martin Aaron H and Martin Francine G
Total Days on Market
114
Current Estimated Value
$1,707,676

Purchase Details

Listed on
Mar 14, 2016
Closed on
Aug 10, 2016
Sold by
The Charlotte D Clark Revocable Trust and Clark Charlotte D
Bought by
Martin Aaron and Martin Francine G
Seller's Agent
Nancy Karas
Max Broock, REALTORS®-Bloomfield Hills
Buyer's Agent
Jeffrey Barker
Max Broock, REALTORS®-Birmingham
List Price
$1,199,000
Sold Price
$1,000,000
Premium/Discount to List
-$199,000
-16.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$800,000
Outstanding Balance
$634,483
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,073,193

Purchase Details

Closed on
May 24, 2010
Sold by
Clark Charlotte D and Clark Monte D
Bought by
Clark Charlotte D and Charlotte D Clark Revocable Trust

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
Martin Aaron H -- None Available
Martin Aaron $1,000,000 None Available
Clark Charlotte D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Aaron $800,000
Previous Owner Clark Monte D $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2016 08/10/16 Sold $1,000,000 -13.0% $395 / Sq Ft
07/06/2016 07/06/16 Pending -- -- --
06/12/2016 06/12/16 Price Changed $1,149,000 -4.2% $454 / Sq Ft
03/14/2016 03/14/16 For Sale $1,199,000 -- $474 / 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 $12,036 $669,700 $0 $0
2023 $11,648 $615,860 $0 $0
2022 $22,207 $614,480 $0 $0
2021 $22,043 $606,030 $0 $0
2020 $10,768 $591,210 $0 $0
2019 $20,669 $573,130 $0 $0
2018 $20,764 $624,640 $0 $0
2017 $24,942 $500,000 $0 $0
2016 $18,339 $527,800 $0 $0
2015 -- $519,910 $0 $0
2014 -- $381,960 $0 $0
2011 -- $374,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216023237

Realcomp

APN: 19-08-301-005