NOT LISTED FOR SALE

3725 Elder Rd S West Bloomfield, MI 48324

Estimated Value: $507,000 - $644,000

3 Beds
2.5 Baths
3,343 Sq Ft
$172/Sq Ft Est. Value

Last Sold June 11, 2024

Last sale price $550,000 $165 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,423/month

62 Days on Market

Highlights

  • Beach Access
  • Colonial Architecture
  • Covered patio or porch
  • Clifford H. Smart Middle School Rated A-
  • Deck
  • Stainless Steel Appliances

About This Home

As of June 2024

Welcome to lakeside living at its finest! This enchanting 3-bedroom, 2.5-bath house offers the perfect blend of comfort and serenity. Wake up to breathtaking views of Middle Straights Lake without paying lakefront taxes. With plenty of natural light, this home features a majestic great room complete with a cozy stone fireplace, the ideal spot for unwinding after a day on the water.Enjoy your morning coffee on the charming porch or host lively gatherings on the expansive deck. The master suite is a true retreat, boasting a walk-in closet, a jetted tub, a separate shower, and a private balcony to relish the tranquil lake scenery.The convenience of a 2.5-car garage and a large basement with a sauna elevates your living experience. Additionally, the home caters to your practical needs with a second-floor laundry, a dedicated gym area, an inviting eat-in kitchen with a built-in diner seat, and dual staircases.Skylights and large windows invite the outside in, while the stainless steel kitchen appliances, newer washer, dryer, and HVAC system ensure modern comfort. Situated across from a neighborhood park featuring a beach area and swimming raft, this is a lake lover's dream. Discover the perfect balance of nature's beauty and homey luxury in this idyllic setting.

Last Agent to Sell the Property

Brittany Linville

Metropolitan Real Estate Group License #6501393726 Listed on: 04/05/2024

Last Buyer's Agent

Maria Auterman

Brookstone, Realtors LLC License #6501396712

Brookstone, Realtors LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1977

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 104x147

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 3,343 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Awning
  • Great Room with Fireplace
  • Partially Finished Basement

Kitchen

  • Built-In Electric Oven
  • Built-In Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2.5 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Beach Access
  • Deck
  • Covered patio or porch

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1818230016
  • $10,000 Seller Concession

Community Details

Overview

  • Pete Karnaros Association, Phone Number (248) 361-9851
  • Lakewood Estates Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,306

Year Built

Built in 1977

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 7.00
  • Year Built: 1977
  • State Equalized Value: 207950.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Furnished - No
  • Fireplace: Yes
  • Fireplace Locations: Great Room
  • Room Count: 12
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Built-In Electric Oven, Built-In Electric Range, Dishwasher, Disposal, Dryer, Free-Standing Refrigerator, Microwave, Range Hood, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 3799
  • Sq Ft Lower Floor: 456
  • Total Sq Ft: 3343
  • Sq Ft Total Bsmt: 1407

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Middle Straights Lake
  • Foundation Details: Basement
  • Construction Materials: Stone, Wood
  • Exterior Features: Awning/Overhang(s)
  • Foundation Materials: Poured
  • Frontage Feet: 104
  • Porch Type: Porch - Covered, Deck, Porch, Covered
  • Road Frontage Type: Paved
  • Waterfront Description: Beach Access

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Side Entrance, 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)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal
  • Association Fee Frequency: Annually
  • Phone: 248-361-9851
  • Association Fee: 200
  • Association Contact: Pete Karnaros
  • Association Fee: Yes

Schools

  • School District: Walled Lake

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.35
  • Lot Dimensions: 104x147
  • Parcel Number: 1818230016

Tax Info

  • Tax Amount Summer: 2582.0000
  • Tax Amount Winter: 1724.0000
  • Total Tax: 4306.0000
  • Taxable Value: 134127.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Jun 7, 2024
Sold by
Farkas Robert A and Farkas Ashley
Bought by
Wilson Zachry and Wilson Allison
Seller's Agent
Brittany Linville
Metropolitan Real Estate Group
Buyer's Agent
Maria Auterman
Brookstone, Realtors LLC
List Price
$600,000
Sold Price
$550,000
Premium/Discount to List
-$50,000
-8.33%
Views
174
Current Estimated Value
$575,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,421
Avg. Annual Appreciation
6.22%
Original Mortgage
$412,500
Outstanding Balance
$409,042
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$180,134

Purchase Details

Closed on
Aug 5, 1998
Sold by
Farkas Nancy M
Bought by
Farkas Robert A
Source: Public Records

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
Wilson Zachry $550,000 Liberty Title
Farkas Robert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Zachry $412,500
Closed Wilson Zachry $412,500
Previous Owner Farkas Robert A $232,000
Previous Owner Farkas Robert A $255,663
Previous Owner Farkas Robert $270,000
Previous Owner Farkas Robert $316,200
Previous Owner Farkas Robert A $318,400
Previous Owner Farkas Robert A $319,000
Previous Owner Farkas Robert A $323,100
Previous Owner Farkas Robert A $323,500
Previous Owner Tarkas Robert A $320,000
Previous Owner Farkas Robert $318,400
Previous Owner Farkas Robert A $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2024 06/11/24 Sold $550,000 -4.3% $165 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
04/23/2024 04/23/24 Price Changed $575,000 -4.2% $172 / Sq Ft
04/05/2024 04/05/24 For Sale $600,000 -- $179 / 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 $2,739 $209,280 $0 $0
2022 $2,582 $206,490 $33,000 $173,490
2021 $4,253 $186,490 $0 $0
2020 $2,552 $167,020 $33,000 $134,020
2018 $4,134 $160,820 $30,000 $130,820
2015 -- $125,530 $0 $0
2014 -- $116,510 $0 $0
2011 -- $106,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240020840

Realcomp

APN: 18-18-230-016