NOT LISTED FOR SALE

1541 Island Ln Bloomfield Hills, MI 48302

Estimated Value: $2,021,000 - $2,659,306

3 Beds
3.5 Baths
4,056 Sq Ft
$585/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $1,250,000 $308 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $13,788/month

47 Days on Market

Highlights

  • 139 Feet of Waterfront
  • Deck
  • No HOA
  • Way Elementary School Rated A
  • Ranch Style House
  • Covered Patio or Porch

About This Home

As of September 2019

FEATURED IN DETROIT FREE PRESS "MICHIGAN HOUSE ENVY." ONE OF THE MOST SPECTACULAR LAKEFRONT SETTINGS. 140' FRONTAGE ON EXCLUSIVE, PRIVATE ISLAND LAKE. ELEVATED HIGH ABOVE ISLAND LAKE, SOUTHERN VIEWS. EXCEPTIONAL QUALITY, CUSTOM BUILT HOME BY THOMAS SEBOLD. SITUATED ON A HALF-ACRE LOT AT THE END OF ISLAND LN. GREAT ATTENTION TO ARCHITECTURAL DETAIL, WOODWORK THROUGHOUT. RANCH HOME W/ A FINISHED WALKOUT LOWER LEVEL COMPLETELY ABOVE GRADE & ANOTHER UNFINISHED LOWER LEVEL FOR STORAGE. FIRST FLOOR MASTER SUITE, LIVING RM, DINING RM, KITCHEN & NOOK ALL FACING THE LAKE. LOWER LEVEL CONSISTS OF A HANDSOME PANELED LIBRARY, COULD BE 4TH BR HAS CONNECTING FULL BA, FAMILY RM & 2 ADDITIONAL BEDROOMS ALSO ALL FACING THE LAKE PLUS A 2ND FULL KITCHEN. TWO FIREPLACES, SAUNA, CEDAR CLOSET, SKYLIGHTS. MULTI-LEVEL DECKING CONNECTED BY A SPIRAL STAIRCASE. THIS IS TRULY A UNIQUE HOME IN THE KIRK IN THE HILLS AREA. BLOOMFIELD HILLS SCHOOLS. THE VIEWS ARE INCREDIBLE! MOTIVATED OWNER ENTERTAINING ALL OFFERS!

Last Agent to Sell the Property

Jeffrey Barker

Max Broock, REALTORS®-Birmingham License #6501205381 Listed on: 06/21/2019

Max Broock, REALTORS®-Birmingham

Co-Listed By

Matthew Barker

Max Broock, REALTORS®-Birmingham License #6501359589

Last Buyer's Agent

Jeffrey Barker

Max Broock, REALTORS®-Birmingham License #6501205381 Listed on: 06/21/2019

Max Broock, REALTORS®-Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1981

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 139 x 148 x 96 x 133 x 95
  • 139 Feet of Waterfront
  • Lake Front
  • Irregular Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 4,056 Sq Ft Home
  • Wet Bar
  • Sound System
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Water Views
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Crawl Space

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

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

Community Details

  • No Home Owners Association
  • Island Oaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1917101018

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,468

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Air Purifier, Cable Available, High Spd Internet Avail, Humidifier, Intercom, Security Alarm (owned), Sound System, Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room, Living Room
  • Room Count: 14
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Trash Compactor, Washer
  • Sq Ft Combined: 4056
  • Total Sq Ft: 4056
  • Sq Ft Total Bsmt: 1918

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: ISLAND LAKE
  • Waterfront: Yes
  • Foundation Details: Basement, Crawl
  • Construction Materials: Brick, Cedar
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 96
  • Porch Type: Balcony, Deck, Porch - Covered
  • Road Frontage Type: Paved
  • Sideof Street: S
  • Water Frontage Feet: 139.00
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), 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: No

Schools

  • School District: Bloomfield Hills

Lot Info

  • Homestead: Yes
  • List Price per Acre: 2592407.4074
  • Lot Features: Irregular, Water View
  • Lot Size Area: 0.54
  • Lot Dimensions: 139 X 148 X 96 X 133 X 95
  • Parcel Number: 1917101018

Tax Info

  • Tax Amount Summer: 9748.0000
  • Tax Amount Winter: 9720.0000
  • Total Tax: 19468.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2019
Closed on
Sep 27, 2019
Sold by
Nivy Aliza
Bought by
Watson Frederick
Seller's Agent
Jeffrey Barker
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Jeffrey Barker
Max Broock, REALTORS®-Birmingham
List Price
$1,399,900
Sold Price
$1,250,000
Premium/Discount to List
-$149,900
-10.71%
Current Estimated Value
$2,372,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,122,827
Avg. Annual Appreciation
8.65%
Original Mortgage
$1,000,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2015
Sold by
Nivy Soloman M and Nivy Aliza
Bought by
Nivy Aliza and Aliza Nivy Living Trust
Source: Public Records

Range of Values:

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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
Watson Frederick $1,250,000 None Available
Nivy Aliza -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Frederick $533,410
Open Watson Frederick L $993,287
Closed Watson Frederick $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $1,250,000 -10.7% $308 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $1,399,900 -- $345 / 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 $15,098 $888,610 $0 $0
2023 $14,611 $822,090 $0 $0
2022 $27,458 $744,200 $0 $0
2021 $27,260 $712,260 $0 $0
2020 $13,996 $735,670 $0 $0
2019 $19,429 $717,700 $0 $0
2018 $19,518 $738,010 $0 $0
2017 $19,378 $709,850 $0 $0
2016 $19,414 $700,940 $0 $0
2015 -- $695,100 $0 $0
2014 -- $635,340 $0 $0
2011 -- $454,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219060697

Realcomp

APN: 19-17-101-018