NOT LISTED FOR SALE

1551 Lochridge Rd Bloomfield Hills, MI 48302

Estimated Value: $1,943,000 - $3,143,359

5 Beds
3.5 Baths
4,112 Sq Ft
$658/Sq Ft Est. Value

Last Sold December 01, 2014

Last sale price $1,250,000 $304 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $16,662/month

302 Days on Market

Highlights

  • Lake Front
  • Fireplace in Primary Bedroom
  • Contemporary Architecture
  • Way Elementary School Rated A
  • Deck
  • Wooded Lot

About This Home

As of December 2014

130 FT LOWER LONG LAKE FRONTAGE ON THIS MAGNIFICENT SOFT RUSTIC CONTEMPORARY W/ ELEVATED WOODED SETTING & SOUTHERN EXPOSURE OFFERING SPECTACULAR LAKE VIEWS. OPEN FLOW FOR ENTERTAINING. BEAUTIFUL NEWER $150,000 KITCHEN, MBR W/ LARGE WIC, JACUZZI, SKYLIGHTS, LOTS OF WESTERN CEDAR, STONE & GLASS. OFFICE 15X12 W/ SLIDING DOOR TO COURTYARD/COULD BE SIXTH BR.

Last Agent to Sell the Property

Gayle Hannett

Temporary Inactive Users License #6501260102 Listed on: 01/06/2014

Co-Listed By

John Hannett

Berkshire Hathaway HomeServices Kee Realty Bham License #6501072913

Last Buyer's Agent

Susan Johnson

Signature Sotheby's International Realty Bham License #6501331855

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1959 | Remodeled in 1990

Lot Details

  • 1.05 Acre Lot
  • Lot Dimensions are 147x130x352x320
  • Lake Front
  • Property fronts a private road
  • Wooded Lot

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Stone Siding

Interior Spaces

  • 4,112 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Sound System
  • Ceiling Fan
  • Living Room with Fireplace
  • Water Views
  • Finished Basement
  • Walk-Out Basement
  • Security System Owned

Kitchen

  • <<microwave>>
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Central Air
  • Humidifier
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Indianwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1907427007

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,515

Year Built

Built in 1959 | Remodeled in 1990

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: 1 Story
  • Year Built: 1959
  • Year Renovated: 1990
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Air Purifier, Cable Available, Humidifier, Intercom, Security Alarm (owned), Sound System, Wet Bar
  • Fireplace: Yes
  • Fireplace Locations: Living Room, Primary Bedroom
  • Room Count: 17
  • Total Bedrooms: 5
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Range/Stove, Trash Compactor, Washer
  • Sq Ft Combined: 4612
  • Sq Ft Lower Floor: 500
  • Total Sq Ft: 4112
  • Sq Ft Total Bsmt: 500

Exterior Features

  • Waterfront Name: LOWER LONG LK
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Stone, Wood
  • Exterior Features: Lighting
  • Frontage Feet: 147
  • Porch Type: Deck, Patio
  • Road Frontage Type: Paved, Private
  • Waterfront Description: Lake Front

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Radiant
  • 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: 125
  • Association Fee: No

Schools

  • School District: Bloomfield Hills

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1190476.1905
  • Lot Features: Water View, Wooded
  • Lot Size Area: 1.05
  • Lot Dimensions: 147X130X352X320
  • Parcel Number: 1907427007

Tax Info

  • Tax Amount Summer: 10056.0000
  • Tax Amount Winter: 10459.0000
  • Total Tax: 20515.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2014
Closed on
Dec 1, 2014
Sold by
Gradolph Paul R
Bought by
Misra Sudipta and Das Sunita
Seller's Agent
Gayle Hannett
Temporary Inactive Users
Buyer's Agent
Susan Johnson
Signature Sotheby's International Realty Bham
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$2,704,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,454,120
Avg. Annual Appreciation
6.71%
Original Mortgage
$999,999
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 6, 2014
Closed on
Nov 24, 2014
Sold by
Gradolph Marcia J
Bought by
Gradolph Paul R
Seller's Agent
Gayle Hannett
Temporary Inactive Users
Buyer's Agent
Susan Johnson
Signature Sotheby's International Realty Bham
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Misra Sudipta $1,250,000 Devonshire Title Agency
Gradolph Paul R -- Devonshire Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Misra Sudipta K $1,500,000
Closed Misra Sudipta K $1,550,000
Closed Misra Sudipta $999,999
Previous Owner Gradolph Paul R $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2014 12/01/14 Sold $1,250,000 0.0% $304 / Sq Ft
11/04/2014 11/04/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $1,250,000 -- $304 / 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 $20,618 $1,212,290 $0 $0
2023 $19,953 $1,116,120 $0 $0
2022 $37,497 $1,041,230 $0 $0
2021 $37,227 $1,007,820 $0 $0
2020 $18,249 $991,610 $0 $0
2019 $35,028 $957,980 $0 $0
2018 $35,134 $928,430 $0 $0
2017 $25,780 $586,980 $0 $0
2016 $18,482 $374,480 $0 $0
2015 -- $750,400 $0 $0
2014 -- $546,620 $0 $0
2011 -- $486,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214001308

Realcomp

APN: 19-07-427-007