NOT LISTED FOR SALE

1586 Petrolia West Bloomfield, MI 48324

Estimated Value: $259,000 - $311,968

3 Beds
2 Baths
1,091 Sq Ft
$254/Sq Ft Est. Value

Last Sold October 19, 2015

Last sale price $127,000 $116 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,841/month

328 Days on Market

Highlights

  • Above Ground Pool
  • Ranch Style House
  • Covered patio or porch
  • Lake Privileges
  • No HOA
  • 4 Car Detached Garage

About This Home

As of October 2015

Looking for a cozy brick ranch situated on a 1/2 acre lot, above ground pool...oh and don't forget a 4 car detached garage? Look no further...3 bedroom home(4th bed/office in lower level), 2 full baths, open eat in kitchen with ceramic tile. Full finished basement with family room, full bath with jetted tub and ceramic tile, 8x10 storage room. 24x36 heated detached garage with 220, hot/cold water, satellite & side entry for the toys.

Last Agent to Sell the Property

Thelma Cary-Rossbach

Cary Real Estate License #6501291910 Listed on: 09/26/2014

Last Buyer's Agent

Roberta Nebus

Real Estate One-WB/FH License #6501367931

Real Estate One-WB/FH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1926 | Remodeled in 1981

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 83x263

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,091 Sq Ft Home
  • Ceiling Fan
  • Attic Fan
  • Microwave
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Detached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Above Ground Pool
  • Lake Privileges
  • Covered patio or porch
  • Exterior Lighting
  • Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Union Scotch Lake Sub No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1805102031
  • $2,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,213

Year Built

Built in 1926 | Remodeled in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1926
  • Year Renovated: 1981
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Water Softener (owned)
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1941
  • Sq Ft Lower Floor: 850
  • Total Sq Ft: 1091
  • Sq Ft Total Bsmt: 1091

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: SCOTCH
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Construction Features: Platted Sub.
  • Exterior Features: Lighting, Pool - Above Ground
  • Foundation Materials: Block
  • Frontage Feet: 83
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved
  • Waterfront Description: Lake/River Priv

Garage/Parking

  • Garage Size: 4 Car
  • Garage Features: Detached, Door Opener, Electricity, Heated, Side Entrance
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Waterford

Lot Info

  • Homestead: Yes
  • List Price per Acre: 275800.0000
  • Lot Size Area: 0.50
  • Lot Dimensions: 83X263
  • Parcel Number: 1805102031

Tax Info

  • Tax Amount Summer: 1353.0000
  • Tax Amount Winter: 860.0000
  • Total Tax: 2213.0000

MLS Schools

  • School District: Waterford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2014
Closed on
Oct 19, 2015
Sold by
Watts Speros and Watts Wendy L
Bought by
Schultz Michael
Seller's Agent
Thelma Cary-Rossbach
Cary Real Estate
Buyer's Agent
Roberta Nebus
Real Estate One-WB/FH
List Price
$149,900
Sold Price
$127,000
Premium/Discount to List
-$22,900
-15.28%
Total Days on Market
328
Current Estimated Value
$277,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,242
Avg. Annual Appreciation
7.71%
Original Mortgage
$120,650
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2015
Sold by
Watts Speros S and Watts Wendy L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 17, 2000
Sold by
Kentros Charles G
Bought by
Watts Speros S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,410
Interest Rate
8.24%
Source: Public Records

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
Schultz Michael $127,000 None Available
Federal National Mortgage Association $99,800 Attorney
Watts Speros S $139,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Michael $127,000
Closed Schultz Michael $120,650
Previous Owner Watts Speros S $139,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2015 10/19/15 Sold $127,000 -15.3% $116 / Sq Ft
08/20/2015 08/20/15 Pending -- -- --
09/26/2014 09/26/14 For Sale $149,900 -- $137 / 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 $3,717 $111,600 $0 $0
2022 $3,507 $100,920 $40,960 $59,960
2021 $2,729 $95,820 $0 $0
2020 $1,620 $92,050 $40,960 $51,090
2018 $2,736 $79,320 $34,090 $45,230
2015 -- $66,020 $0 $0
2014 -- $62,590 $0 $0
2011 -- $61,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214101055

Realcomp

APN: 18-05-102-031