NOT LISTED FOR SALE

Estimated Value: $801,000 - $1,270,000

3 Beds
1.5 Baths
1,104 Sq Ft
$965/Sq Ft Est. Value

Last Sold October 19, 2022

Last sale price $775,000 $702 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $6,625/month

4 Days on Market

Highlights

  • 44 Feet of Waterfront
  • Dock Facilities
  • Deck
  • West Hills Middle School Rated A
  • Lake Privileges
  • Ground Level Unit

About This Home

As of October 2022

Take this opportunity to renovate this darling classic Pine Lake- lakefront cottage with the most amazing panoramic westerly views just perfect for sunsets over the water! Why drive up north when this cottage is close to every amenity you could ever need. The waterfront is pristine with a solid sandy bottom. Being sold “as is” and ready for your personal touches. Do not wait, this opportunity will not last.

Last Listed By

Katherine Broock

Max Broock, REALTORS®-Birmingham License #6501240456 Listed on: 08/14/2022

Max Broock, REALTORS®-Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1915

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 45x165x44x165
  • 44 Feet of Waterfront
  • Lake Front

HOA Fees

  • $19 Monthly HOA Fees

Home Design

  • Cottage
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,104 Sq Ft Home
  • 2-Story Property
  • Water Views

Kitchen

  • Built-In Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Dock Facilities
  • Boat Facilities
  • Lake Privileges
  • Deck
  • Exterior Lighting
  • Shed

Location

  • Ground Level Unit

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • ENERGY STAR Qualified Water Heater
  • Sewer in Street
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 1812401012

Community Details

Overview

  • Pine Lake Property Owners Association
  • Suprvr's Plat Of Scarborough Beach Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,654

Year Built

Built in 1915

Lot Details

0

HOA Fees

$19 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Cottage
  • Architecture Level: 2 Story
  • Year Built: 1915
  • State Equalized Value: 224280.0000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen Appliances: Built-In Electric Range, Dishwasher, Free-Standing Refrigerator
  • Sq Ft Combined: 1104
  • Total Sq Ft: 1104
  • Sq Ft Total Bsmt: 601

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Pine Lake
  • Waterfront: Yes
  • Foundation Details: Michigan Basement
  • Construction Materials: Vinyl, Wood
  • Exclusions: Yes
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 45
  • Porch Type: Deck
  • Road Frontage Type: Paved
  • Water Frontage Feet: 44.00
  • Waterfront Description: Lake Front, Lake Privileges

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Baseboard
  • Sewer: Sewer at Street
  • Water Heater Fuel: ENERGY STAR® Qualified Water Heater
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: pinelakemi.com
  • Association Fee: 225
  • Association Contact: PINE LAKE PROPERTY OWNERS ASSOCIATION
  • Association Fee: Yes

Schools

  • School District: Bloomfield Hills

Lot Info

  • Homestead: Yes
  • Lot Features: Water View
  • Lot Size Area: 0.17
  • Lot Dimensions: 45x165x44x165
  • Parcel Number: 1812401012

Tax Info

  • Tax Amount Summer: 3917.0000
  • Tax Amount Winter: 3737.0000
  • Total Tax: 7654.0000
  • Taxable Value: 153940.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities, Dock Facilities

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2023
Sold by
Golden Tiger Trading Llc and Pearl Trading Llc
Bought by
Yaldo Rany and Yaldo Rudi
Total Days on Market
4
Current Estimated Value
$1,065,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2023
Sold by
Tushar V Vakhariya Living Trust
Bought by
Pearl Trading Llc and Golden Tiger Trading Llc

Purchase Details

Listed on
Aug 14, 2022
Closed on
Oct 19, 2022
Sold by
Schmidt Thomas J and Schmidt Mary
Bought by
Tushar V Vakhariya Living Trust
Seller's Agent
Katherine Broock
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Katherine Broock
Max Broock, REALTORS®-Birmingham
List Price
$659,000
Sold Price
$775,000
Premium/Discount to List
$116,000
17.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.77%

Purchase Details

Closed on
May 8, 2007
Sold by
Schmidt Thomas J and Schmidt Mary
Bought by
Schmidt Thomas J and Schmidt Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.42%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 30, 2005
Sold by
Montante Fons Gilbert Joseph and Montante Fons Marlene
Bought by
Schmidt Thomas J and Schmidt Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 8, 2004
Sold by
Montante Fons Marlene
Bought by
Montante Fons Gilbert Joseph and Montante Fons Marlene

Purchase Details

Closed on
Sep 19, 2003
Sold by
Montante Marcella R and Estate Of Dr Joseph R Montante
Bought by
Montante Marlene M and Fons Marlene M

Purchase Details

Closed on
Jan 28, 1994
Sold by
Montante Joseph R
Bought by
Fons Marlene M

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
Yaldo Rany -- None Listed On Document
Pearl Trading Llc $1,150,000 None Listed On Document
Tushar V Vakhariya Living Trust $775,000 --
Schmidt Thomas J -- None Available
Schmidt Thomas J -- Capital Title Ins Agency
Montante Fons Gilbert Joseph -- --
Montante Marlene M -- --
Fons Marlene M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yaldo Rany $754,000
Closed Yaldo Rany $750,000
Previous Owner Schmidt Thomas J $400,000
Previous Owner Schmidt Thomas J $500,000
Previous Owner Schmidt Thomas J $112,000
Previous Owner Fons Gilbert J $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2022 10/19/22 Sold $775,000 +17.6% $702 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
08/14/2022 08/14/22 For Sale $659,000 -- $597 / 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 $8,066 $311,940 $0 $0
2022 $6,454 $225,090 $184,850 $40,240
2021 $7,654 $224,280 $0 $0
2020 $3,730 $224,720 $184,850 $39,870
2018 $7,106 $216,770 $184,850 $31,920
2015 -- $151,090 $0 $0
2014 -- $141,970 $0 $0
2011 -- $132,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221030030

Realcomp

APN: 18-12-401-012