NOT LISTED FOR SALE

1612 Lochridge Rd Bloomfield Hills, MI 48302

Estimated Value: $1,437,000 - $1,766,533

4 Beds
4 Baths
2,545 Sq Ft
$605/Sq Ft Est. Value

Last Sold July 18, 2014

Last sale price $850,000 $334 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $9,491/month

24 Days on Market

Highlights

  • Dock Facilities
  • 1.09 Acre Lot
  • Home fronts a canal
  • Way Elementary School Rated A
  • Lake Privileges
  • Deck

About This Home

As of July 2014

Private road. Two country bridges. Custom ranch set on elevated, wooded lot. Private lagoon. Waterfront access to Forest, Lower Long and Upper Long Lakes. Updated kitchen with Bosch, Sub Zero, Thermador appliances. Great room with fireplace and breathtaking water views opens to screened porch. Entry level master with sitting area, deck, and large bathroom . Two additional entry level bedrooms, currently used as oversized dressing room and office. Lower level includes two additional bedrooms, one used as an artist studio. Huge family room with fireplace, wet bar, and access to patio. Exercise room with custom sauna. Large laundry room. Three car heated garage with workshop and half bath. Natural gas standby generator. Neighborhood security cameras. 92 feet of water frontage. Award winning Bloomfield Hills schools.

Last Listed By

Nancy Karas

Max Broock, REALTORS®-Bloomfield Hills License #6501359446 Listed on: 05/09/2014

Max Broock, REALTORS®-Bloomfield Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1957 | Remodeled in 2000

Lot Details

  • 1.09 Acre Lot
  • Lot Dimensions are 213x87x357x348
  • Home fronts a canal
  • Property fronts a private road

HOA Fees

  • $63 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,545 Sq Ft Home
  • Wet Bar
  • Bar Fridge
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Security System Owned

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement

Parking

  • 3 Car Direct Access Garage
  • Heated Garage
  • Workshop in Garage
  • Garage Door Opener

Outdoor Features

  • Dock Facilities
  • Lake Privileges
  • Deck
  • Enclosed patio or porch
  • Terrace
  • Exterior Lighting

Utilities

  • Central Air
  • Humidifier
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 1907426008

Community Details

Overview

  • Indianwood Subdivision

Amenities

  • Community Barbecue Grill

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,877

Year Built

Built in 1957 | Remodeled in 2000

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1957
  • Year Renovated: 2000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: High Spd Internet Avail, Humidifier, Security Alarm (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement, Family Room, Living Room
  • Room Count: 15
  • Total Bedrooms: 4
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 4945
  • Sq Ft Lower Floor: 2400
  • Total Sq Ft: 2545
  • Sq Ft Total Bsmt: 2471

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Forest Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exclusions: Yes
  • Exterior Features: BBQ Grill, Lighting, Satellite Dish
  • Foundation Materials: Block
  • Frontage Feet: 213
  • Porch Type: Deck, Patio, Porch, Porch - Enclosed, Terrace
  • Road Frontage Type: Paved, Private
  • Waterfront Description: Canal Front, Lake/River Priv

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity, Heated, Side Entrance, Workshop
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Baseboard, Hot Water
  • 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: 750
  • Association Fee: No

Schools

  • School District: Bloomfield Hills

Lot Info

  • Homestead: Yes
  • List Price per Acre: 821100.9174
  • Lot Size Area: 1.09
  • Lot Dimensions: 213x87x357x348
  • Parcel Number: 1907426008

Tax Info

  • Tax Amount Summer: 5563.0000
  • Tax Amount Winter: 5314.0000
  • Total Tax: 10877.0000

Multi Family

  • Waterfront Features: Dock Facilities

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2020
Sold by
Homberg Ritschard and Homberg Tracey
Bought by
Homberg Ritschard and Homberg Tracey
Total Days on Market
24
Current Estimated Value
$1,539,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,400
Interest Rate
3.2%
Mortgage Type
Unknown

Purchase Details

Listed on
May 9, 2014
Closed on
Jul 18, 2014
Sold by
Borruso Joseph V and Borruso Elaine C
Bought by
Homberg Ritchard and Homberg Tracey
Seller's Agent
Nancy Karas
Max Broock, REALTORS®-Bloomfield Hills
Buyer's Agent
Rebecca Meisner
Coldwell Banker Weir Manuel-Bir
List Price
$895,000
Sold Price
$850,000
Premium/Discount to List
-$45,000
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%
Original Mortgage
$680,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 1997
Sold by
Hovencamp Dean W
Bought by
Borruso Joseph V

Range of Values:

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Average Value
Not Available
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
Homberg Ritschard -- Amrock Inc
Homberg Ritchard $850,000 Capital Title Ins Agency
Borruso Joseph V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Homberg Tracey $548,000
Closed Homberg Ritschard $623,400
Closed Homberg Rischard $494,500
Closed Homberg $200,000
Closed Homberg Ritschard P $680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2014 07/18/14 Sold $850,000 -5.0% $334 / Sq Ft
06/02/2014 06/02/14 Pending -- -- --
05/09/2014 05/09/14 For Sale $895,000 -- $352 / 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 $9,714 $536,240 $0 $0
2023 $9,400 $505,440 $0 $0
2022 $17,665 $505,010 $0 $0
2021 $17,538 $497,930 $0 $0
2020 $8,597 $482,660 $0 $0
2019 $16,502 $471,040 $0 $0
2018 $16,578 $481,380 $0 $0
2017 $16,459 $456,840 $0 $0
2016 $16,490 $426,250 $0 $0
2015 -- $419,170 $0 $0
2014 -- $295,090 $0 $0
2011 -- $281,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214042928

Realcomp

APN: 19-07-426-008