NOT LISTED FOR SALE

Estimated Value: $366,330 - $388,000

3 Beds
4 Baths
1,323 Sq Ft
$450/mo HOA Fee

Last Sold February 27, 2023

Last sale price $330,000 $249 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,800/month

87 Days on Market

Highlights

  • Water Views
  • Outdoor Pool
  • Ranch Style House
  • West Hills Middle School Rated A
  • Clubhouse
  • Wine Refrigerator

About This Home

As of February 2023

RARE RANCH CONDO IN DESIRABLE CLOISTER ON THE LAKE WITH BLOOMFIELD HILLS SCHOOLS. THIS ENTERTAINER'S DREAM HAS 3 BEDS, 2 FULL AND 1 HALF BATH, OFFERS A LARGE OPEN GREAT ROOM /DINING AREA, EAT IN KITCHEN, LAUNDRY, WOOD FLOORS AND A BALCONY OVERLOOKING A SERENE POND WITH FOUNTAINS. CUSTOM STAIRCASE LEADS TO A WALK OUT LOWER LEVEL WITH NEW CARPET , GAS FIREPLACE , FULL WET BAR AND SECOND KITCHEN . THIS HOME IS SPACIOUS AND HAS TONS OF STORAGE. ENJOY ALL THE HOA AMENITIES: CLUBHOUSE,POOL/SPA,PICKLEBALL/TENNIS COURTS,WATER, SNOW REMOVAL AND GROUNDS MAINTENANCE. PRESTIGIOUS BLOOMFIELD HILLS SCHOOLS. ALL SHOWINGS MUST BE ACCOMPANIED BY LICENSED AGENT. BATVAI

Last Listed By

Ronna Schmerin

Max Broock, REALTORS®-Birmingham License #6501369751 Listed on: 11/04/2022

Max Broock, REALTORS®-Birmingham

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1972

Lot Details

  • 56

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,323 Sq Ft Home
  • Wet Bar
  • Bar Fridge
  • Gas Fireplace
  • Water Views

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Electric Oven
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Fireplace in Basement

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Patio
  • Exterior Lighting
  • Porch

Utilities

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

Additional Features

  • Air Purifier
  • Private Entrance
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 1813276052

Community Details

Overview

  • Association Phone (586) 997-0802
  • Cloister On The Lakes Occpn 86 Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,835

Year Built

Built in 1972

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Ranch
  • Architecture Level: 1 Story Ground
  • Year Built: 1972
  • State Equalized Value: 139540.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Humidifier, Circuit Breakers, High Spd Internet Avail, Programmable Thermostat, Wet Bar, Air Purifier, Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement
  • Room Count: 12
  • Total Bedrooms: 3
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished, Walkout Access, Private
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Free-Standing Electric Oven, Free-Standing Gas Oven, Free-Standing Refrigerator, Gas Cooktop, Microwave, Washer, Wine Refrigerator, Bar Fridge
  • Sq Ft Combined: 2646
  • Sq Ft Lower Floor: 1323
  • Total Sq Ft: 1323
  • Sq Ft Total Bsmt: 1323

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick, Vinyl
  • Exterior Features: Tennis Court, Club House, Grounds Maintenance, Lighting, Private Entry, Pool – Community
  • Foundation Materials: Poured
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Attached
  • 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: Monthly
  • Phone: 5869970802
  • Association Fee: 450
  • Association Fee: Yes

Schools

  • School District: Bloomfield Hills

Lot Info

  • Homestead: Yes
  • Lot Features: Water View
  • Parcel Number: 1813276052

Tax Info

  • Tax Amount Summer: 1473.0000
  • Tax Amount Winter: 1362.0000
  • Total Tax: 2835.0000
  • Taxable Value: 77160.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Feb 27, 2023
Sold by
Geraldine R Margolis Revocable Trust
Bought by
Long Russell D
Seller's Agent
Ronna Schmerin
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Daffy Duck
Unidentified Office
List Price
$375,000
Sold Price
$330,000
Premium/Discount to List
-$45,000
-12%
Total Days on Market
87
Views
72
Current Estimated Value
$378,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,333
Avg. Annual Appreciation
9.10%
Original Mortgage
$313,500
Outstanding Balance
$306,770
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$94,010

Purchase Details

Closed on
Dec 23, 2013
Sold by
Margolis Geraldine R
Bought by
Geraldine Margolis Revocable Living Trus

Purchase Details

Closed on
Apr 16, 1998
Sold by
Katcher Molly E
Bought by
Margolis Geraldine R

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
Long Russell D $330,000 First American Title
Geraldine R Margolis Revocable Trust -- First American Title
Geraldine Margolis Revocable Living Trus -- None Available
Margolis Geraldine R $199,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Long Russell D $313,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2023 02/27/23 Sold $330,000 -12.0% $249 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
11/04/2022 11/04/22 For Sale $375,000 -- $283 / 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 $2,920 $156,890 $0 $0
2022 $1,584 $139,540 $28,130 $111,410
2021 $2,826 $128,740 $0 $0
2020 $1,401 $131,060 $28,130 $102,930
2018 $2,656 $126,860 $28,130 $98,730
2015 -- $82,130 $0 $0
2014 -- $73,180 $0 $0
2011 -- $80,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221058580

Realcomp

APN: 18-13-276-052