$429,000
SOLD JUN 15, 2017

3747 Franklin Rd Bloomfield Hills, MI 48302

1 Acre
$429,000 Price per Acre
43,560 Sq Ft Lot

Recently Sold

$331 Per Sq Ft

34% Below List Price

185 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Way Elementary School Rated A
  • Dock Facilities

About This Lot

As of April 2024

100 feet of Beach front across the street on Lower Long Lake. Beautiful Western exposure with view of Kirk in the Hills. Three bedroom and two and half bath home is ready for renovation, expansion or build your own dream. Lake access gated and loced with dock. Two sidwells for property. Great location for busy life style and surrouned by multi-million dollar homes!

Last Agent to Sell the Property

Coneliu Iacoban

Jacob REO Realty LLC License #6502368447 Listed on: 12/10/2016

Last Buyer's Agent

Coneliu Iacoban

Jacob REO Realty LLC License #RCO-6502368447

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 148x218x181x254
  • 100 Feet of Waterfront
  • Lake Front

Outdoor Features

  • Dock Facilities
  • Boat Facilities

Additional Features

  • Water Views
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 1916101025

Property Details

Property Type

Land

Est. Annual Taxes

$7,261

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 184050.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: LOWER LONG LAKE
  • Waterfront: Yes
  • Frontage Feet: 148
  • Road Frontage Type: Paved
  • Water Frontage Feet: 100.00
  • Waterfront Description: Lake Front

Utilities

  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)

Schools

  • School District: Bloomfield Hills

Lot Info

  • List Price per Acre: 449000.0000
  • Lot Features: Water View
  • Lot Size Area: 1.00
  • Lot Dimensions: 148X218X181X254
  • Parcel Number: 1916101025
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 3636.0000
  • Tax Amount Winter: 3625.0000
  • Total Tax: 7261.0000

Multi Family

  • Waterfront Features: Boat Facilities, Dock Facilities

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
Apr 24, 2024
Sold by
Direzze Justin P
Bought by
Tale Hathal and Saleh Shams
Seller's Agent
Pez Pezeshkian
Coldwell Banker Town & Country
Buyer's Agent
Hathal Taie
List Price
$950,000
Sold Price
$880,000
Premium/Discount to List
-$70,000
-7.37%
Views
105
Current Estimated Value
$827,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,034
Avg. Annual Appreciation
-0.07%
Original Mortgage
$104,000
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 23, 2017
Closed on
Jun 16, 2017
Sold by
Iacoban Corneliu
Bought by
Rezze Justin P Di
Seller's Agent
Coneliu Iacoban
Jacob REO Realty LLC
Buyer's Agent
Coneliu Iacoban
Jacob REO Realty LLC
List Price
$549,000
Sold Price
$429,000
Premium/Discount to List
-$120,000
-21.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.04%
Original Mortgage
$412,250
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2014
Closed on
Mar 20, 2014
Sold by
Fannie Mae
Bought by
Iacoban Corneliu
Seller's Agent
Tina McNeal O'Brien
McNeal OBrien Team LLC
Buyer's Agent
Coneliu Iacoban
Jacob REO Realty LLC
List Price
$327,900
Sold Price
$309,000
Premium/Discount to List
-$18,900
-5.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.73%
Original Mortgage
$247,200
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2012
Sold by
Bank Of America Na
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Apr 8, 1996
Sold by
Walton Pamela
Bought by
Walton John D
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $880,000 Rose Title
Warranty Deed $425,000 None Available
Deed $309,000 Attorneys Title Agency Llc
Quit Claim Deed -- None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,350,000 Construction
Closed $104,000 New Conventional
Previous Owner $1,485,000 Future Advance Clause Open End Mortgage
Previous Owner $412,250 New Conventional
Previous Owner $412,000 New Conventional
Previous Owner $247,200 New Conventional
Previous Owner $85,500 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2024 04/24/24 Sold $880,000 -7.4% $339 / Sq Ft
03/23/2024 03/23/24 Pending -- -- --
02/20/2024 02/20/24 For Sale $950,000 +121.4% $366 / Sq Ft
06/15/2017 06/15/17 Sold $429,000 0.0% $331 / Sq Ft
06/15/2017 06/15/17 Sold $429,000 -4.5% $179 / Sq Ft
06/13/2017 06/13/17 Pending -- -- --
06/13/2017 06/13/17 Pending -- -- --
04/18/2017 04/18/17 Price Changed $449,000 -10.0% $187 / Sq Ft
03/21/2017 03/21/17 Price Changed $499,000 -9.1% $208 / Sq Ft
02/23/2017 02/23/17 For Sale $549,000 -15.4% $229 / Sq Ft
12/10/2016 12/10/16 For Sale $649,000 +110.0% $500 / Sq Ft
03/26/2014 03/26/14 Sold $309,000 -5.8% $238 / Sq Ft
02/06/2014 02/06/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $327,900 -- $253 / 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 $4,475 $240,400 $0 $0
2023 $4,412 $233,260 $0 $0
2022 $8,764 $238,080 $0 $0
2021 $8,701 $230,540 $0 $0
2020 $4,265 $226,100 $0 $0
2019 $8,187 $220,030 $0 $0
2018 $8,210 $214,500 $0 $0
2017 $7,227 $209,200 $0 $0
2016 $7,240 $197,890 $0 $0
2015 -- $184,050 $0 $0
2014 -- $166,200 $0 $0
2011 -- $153,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216115901

Realcomp

APN: 19-16-101-025