$1,600,000
SOLD AUG 2, 2024

2224 Locklin Ln West Bloomfield, MI 48324

4 Beds
4.5 Baths
5,927 Sq Ft
0.42 Acres

Recently Sold

$270 Per Sq Ft

20% Below List Price

62 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Spa
  • Deck
  • Roosevelt Elementary School Rated A-
  • Gated Community
  • Wine Refrigerator

About This Home

As of August 2024

Welcome to 2224 Locklin Lane, an exquisite lakeside retreat nestled along the prestigious private drive known as the Gold Coast in West Bloomfield, Michigan. This stunning residence boasts an array ofluxurious features that epitomize lakeside living at its finest. Arrive home to the convenience of a spacious four-car garage,offering ample room for vehicles, storage, and recreational gear. Step inside to discover a captivating interior featuring high ceilings throughout, flooded with natural light to create an inviting andairy atmosphere. With four bedrooms already in place, this expansive layout offers the flexibility to effortlessly transform into a five-bedroom haven to accommodate your evolving needs and preferences. Indulge in luxury living with this exquisite primary suite! Featuring a private balcony and heated floors in the ensuite bathroom, this sanctuary offers the perfect blend of comfort and elegance. Enjoy ample natural light and panoramic views from your bedroom retreat. Embrace lakeside living to the fullest with 75 feet of sandy frontage adorned by a rock seawall. providing a picturesque backdrop for waterfront| activities and leisurely strolls along the shoreline.Spanning over 6000 square feet, this home offers an abundance of space for luxurious living and entertaining, making it the perfect retreat for those seeking both comfort and the lake life.

Last Agent to Sell the Property

Nicholas Schultz

RE/MAX Classic License #6501389010 Listed on: 05/16/2024

RE/MAX Classic

Last Buyer's Agent

Nicholas Schultz

RE/MAX Classic License #6501389010 Listed on: 05/16/2024

RE/MAX Classic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1978 | Remodeled in 2019

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 75.00 x 246.05
  • 75 Feet of Waterfront
  • Lake Front
  • Property fronts a private road

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Home Design

  • Poured Concrete
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 5,927 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan

Kitchen

  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Wine Refrigerator
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Sump Pump
  • Crawl Space

Outdoor Features

  • Spa
  • Balcony
  • Deck
  • Exterior Lighting
  • Rain Gutter Guard System
  • Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 1805301014

Community Details

Overview

  • Bob Tarper Association, Phone Number (248) 330-0791
  • Locklin Beach Sub Subdivision

Recreation

  • Water Sports

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,084

Year Built

Built in 1978 | Remodeled in 2019

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Architecture Level: 3 Story
  • Assessment: 87.00
  • Year Built: 1978
  • State Equalized Value: 601740.0000
  • Year Renovated: 2019
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Humidifier
  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Kitchen Appliances: Dryer, Gas Cooktop, Ice Maker, Microwave, Stainless Steel Appliance(s), Washer, Wine Refrigerator
  • Sq Ft Combined: 5927
  • Total Sq Ft: 5927

Exterior Features

  • Roof Material: Metal
  • Waterfront Name: Union lake
  • Waterfront: Yes
  • Foundation Details: Crawl
  • Construction Materials: Metal Siding, Wood
  • Exterior Features: Spa/Hot-tub, Gutter Guard System, Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 75
  • Porch Type: Balcony, Deck, Porch
  • Road Frontage Type: Paved, Private
  • Water Frontage Feet: 75.00
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 4 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: 248-330-0791
  • Association Fee: 500
  • Association Contact: BOB TARPER
  • Association Fee: Yes

Schools

  • School District: West Bloomfield

Lot Info

  • Homestead: Yes
  • Lot Features: Gated Community
  • Lot Size Area: 0.42
  • Lot Dimensions: 75.00 x 246.05
  • Parcel Number: 1805301014

Rental Info

  • Deposit Amount: 750000.00

Tax Info

  • Tax Amount Summer: 12960.0000
  • Tax Amount Winter: 7124.0000
  • Total Tax: 20084.0000
  • Taxable Value: 549843.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: West Bloomfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Aug 2, 2024
Sold by
Martin M Smith Revocable Trust and Smith Martin M
Bought by
Fadool Joseph F and Fadool Jodell R
Seller's Agent
Nicholas Schultz
RE/MAX Classic
Buyer's Agent
Nicholas Schultz
RE/MAX Classic
List Price
$2,000,000
Sold Price
$1,600,000
Premium/Discount to List
-$400,000
-20%
Total Days on Market
62
Views
72
Current Estimated Value
$1,557,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,451
Avg. Annual Appreciation
-3.15%

Purchase Details

Closed on
Dec 31, 2020
Sold by
Smith Martin M
Bought by
Martin M Smith Revocable Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,600,000 None Listed On Document
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $190,000 Future Advance Clause Open End Mortgage
Previous Owner $417,000 New Conventional
Previous Owner $249,999 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2024 08/02/24 Sold $1,600,000 -15.8% $270 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
06/07/2024 06/07/24 Price Changed $1,900,000 -5.0% $321 / Sq Ft
05/16/2024 05/16/24 For Sale $2,000,000 -- $337 / 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 $13,812 $633,930 $0 $0
2022 $12,960 $579,470 $235,290 $344,180
2021 $19,744 $580,670 $0 $0
2020 $12,699 $564,260 $235,290 $328,970
2018 $19,035 $595,190 $235,290 $359,900
2015 -- $437,290 $0 $0
2014 -- $369,610 $0 $0
2011 -- $335,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240033655

Realcomp

APN: 18-05-301-014