NOT LISTED FOR SALE

2878 Meadowood Ln Bloomfield Hills, MI 48302

Estimated Value: $924,000 - $1,160,000

5 Beds
6 Baths
4,200 Sq Ft
$250/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $855,000 $204 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,294/month

17 Days on Market

Highlights

  • Built-In Freezer
  • Deck
  • 3 Car Direct Access Garage
  • Way Elementary School Rated A
  • Tudor Architecture
  • Wet Bar

About This Home

As of April 2023

Welcome home to this beautiful Tudor Style Two-Story home located in the incredible sought-after Chestnut Run Community in Bloomfield Hills. Nestled on an over 1/2 acre lot, this stunning 5 Bedroom, 4.2 Bathroom, 6,000+ Sq Ft property features elegant finishes throughout. Steps inside, you will be greeted in your beautiful marble foyer, which features high ceilings, a grand staircase, and multiple access to your oversized rooms. Interior highlights include a beautiful library with built-ins, an extensive chef kitchen with ample storage and stainless steel appliances, a spacious breakfast nook room, and much more. Enjoy your stunning dining room with close access to your large living room and an enclosed four seasons room that is perfect for entertaining and relaxing. Additional interior finishes on the main level include an immense family room with a stone fireplace, main level laundry, 2 half baths, and a large spacious mudroom with tons of closets. Upstairs you will enjoy high-end comfort in your large primary suite with his and her closets and a very spacious bathroom with a spa-tub. Additionally, you have 3 more bedrooms upstairs, one with a full suite and the others featuring jack and jill bathrooms, while all rooms having large closets. Your finished lower level features lots of storage space, living space, an additional bedroom and full bath, a kitchenette, and a flex room with a sauna. Outside features a 3-car garage, a large rear deck, and fantastic private backyard for entertaining and relaxation. With close proximity to award-winning Bloomfield Schools, many convenience stores, freeway access, and so much more, Welcome Home!

Last Agent to Sell the Property

Sheel Sohal

KW Domain License #6501406081 Listed on: 03/17/2023

KW Domain

Last Buyer's Agent

Roy Callan

Keller Williams Home License #6501393839

Keller Williams Home

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1987

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 163x130x173x171

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 4,200 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Family Room with Fireplace
  • Finished Basement

Kitchen

  • Built-In Gas Range
  • Built-In Freezer
  • Built-In Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Community Details

  • Association Phone (248) 249-3122
  • Chestnut Run No 4 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1909204008

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,317

Year Built

Built in 1987

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Tudor
  • Architecture Level: 2 Story
  • Assessment: 2846.00
  • Year Built: 1987
  • State Equalized Value: 405330.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Central Vacuum, High Spd Internet Avail, Wet Bar
  • Fireplace: Yes
  • Fireplace Locations: Family Room
  • Total Bedrooms: 5
  • Total Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Built-In Freezer, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal
  • Total Sq Ft: 4200

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Cedar
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Side Entrance, 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 Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: 2482493122
  • Association Fee: 250
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.52
  • Lot Dimensions: 163x130x173x171
  • Parcel Number: 1909204008

Tax Info

  • Tax Amount Summer: 7402.0000
  • Tax Amount Winter: 9915.0000
  • Total Tax: 17317.0000
  • Taxable Value: 387760.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Apr 28, 2023
Sold by
Kancharla Ram R and Kancharla Sreevani
Bought by
Cuchelkar Tejas and Bhatia Kamaljeet
Seller's Agent
Sheel Sohal
KW Domain
Buyer's Agent
Roy Callan
Keller Williams Home
List Price
$949,900
Sold Price
$855,000
Premium/Discount to List
-$94,900
-9.99%
Views
109
Current Estimated Value
$1,049,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,612
Avg. Annual Appreciation
8.24%
Original Mortgage
$684,000
Outstanding Balance
$665,084
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$384,528

Purchase Details

Closed on
Apr 24, 2014
Sold by
Kancharla Ram R and Kancharla Sreevani
Bought by
Kancharla Ram R and Kancharla Sreevani

Purchase Details

Closed on
Dec 9, 1998
Sold by
Goldman Steven P
Bought by
Kancharla Ram R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.79%

Purchase Details

Closed on
Jul 23, 1997
Sold by
Rossiter Robert E
Bought by
Goldman Steven P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cuchelkar Tejas $855,000 None Listed On Document
Kancharla Ram R -- None Available
Kancharla Ram R -- --
Goldman Steven P $799,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cuchelkar Tejas $684,000
Previous Owner Kancharla Ram R $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2023 04/28/23 Sold $855,000 -10.0% $204 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $949,900 -- $226 / 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 $8,961 $481,450 $0 $0
2023 $7,700 $429,780 $0 $0
2022 $17,317 $405,330 $0 $0
2021 $17,294 $406,670 $0 $0
2020 $7,043 $412,070 $0 $0
2019 $16,607 $419,340 $0 $0
2018 $15,840 $423,560 $0 $0
2017 $13,483 $440,520 $0 $0
2016 $13,508 $438,150 $0 $0
2015 -- $394,620 $0 $0
2014 -- $387,090 $0 $0
2011 -- $317,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230018741

Realcomp

APN: 19-09-204-008