NOT LISTED FOR SALE

3875 Lakeland Ln Bloomfield Hills, MI 48302

Estimated Value: $1,308,238 - $1,705,000

0.72 Acre
$2,021,407 Price per Acre
31,363 Sq Ft Lot

Last Sold November 27, 2013

Last sale price $1,025,000 $342 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $8,780/month

44 Days on Market

About This Lot

As of November 2013

Exquisite private lot located at the end of the street offers 200 degree unobstructed views of private Island Lake. Watch the sunset over Kirk in the Hills. Excellent opportunity to build your dream home or extensively renovate existing home. Quiet! Private! Beautiful! This lake front lot offers the best of lake front living.

Last Listed By

Cindy Obron Kahn

The Agency Hall & Hunter License #6501316961 Listed on: 08/20/2013

The Agency Hall & Hunter

Property Details

Property Type

  • Land

Est. Annual Taxes

Year Built

  • 1955

Lot Details

  • 0.72 Acre Lot
  • Lake Front

Property Views

  • Water Views

Community Details

  • Island Lake Woods No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1918280002

Property Details

Property Type

Land

Est. Annual Taxes

$13,745

Year Built

1955

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1955

Exterior Features

  • Waterfront Name: ISLAND LK
  • Waterfront: Yes
  • Road Frontage Type: Paved
  • Waterfront Description: Lake Front

Utilities

  • Water Source: Public (Municipal)

Schools

  • School District: Bloomfield Hills

Lot Info

  • List Price per Acre: 1665278.0000
  • Lot Features: Water View
  • Lot Size Area: 0.72
  • Lot Dimensions: IRREGULAR
  • Parcel Number: 1918280002
  • Zoning: Residential
  • Improvements: Electric, Gas
  • Irrigation: Yes
  • PERK: Yes

Tax Info

  • Tax Amount Summer: 6987.0000
  • Tax Amount Winter: 6758.0000
  • Total Tax: 13745.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2013
Closed on
Nov 27, 2013
Sold by
Nyman George and Nyman Jo Elyn
Bought by
Kancharla Ram K and Kancharla Sreevani
Seller's Agent
Cindy Obron Kahn
The Agency Hall & Hunter
Buyer's Agent
Tushar Vakhariya
KW Domain
List Price
$1,199,000
Sold Price
$1,025,000
Premium/Discount to List
-$174,000
-14.51%
Total Days on Market
44
Current Estimated Value
$1,455,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,413
Avg. Annual Appreciation
3.09%
Original Mortgage
$820,000
Interest Rate
2.66%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 20, 2012
Sold by
Frankel Stanley and Jean Frankel Trust
Bought by
Nyman George and Nyman Jo Elyn

Purchase Details

Closed on
Apr 10, 2009
Sold by
Frankel Jean and Frankel Samuel
Bought by
Frankel Jean and Frankel Stanley

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 Buyer Sale Price Title Company
Kancharla Ram K -- Interstate Title Inc
Nyman George $850,000 Multiple
Frankel Jean -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kancharle Ram K $1,800,000
Closed Kancharia Ram K $820,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2013 11/27/13 Sold $1,025,000 -14.5% $342 / Sq Ft
10/03/2013 10/03/13 Pending -- -- --
08/20/2013 08/20/13 For Sale $1,199,000 -- $400 / 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 $7,609 $665,890 $0 $0
2023 $7,363 $613,740 $0 $0
2022 $16,158 $566,520 $0 $0
2021 $15,333 $528,660 $0 $0
2020 $6,791 $494,900 $0 $0
2019 $11,680 $454,630 $0 $0
2018 $14,807 $393,370 $0 $0
2017 $20,450 $522,260 $0 $0
2016 $20,386 $502,370 $0 $0
2015 -- $468,060 $0 $0
2014 -- $405,180 $0 $0
2011 -- $332,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cindy Obron Kahn

    Seller's Agent in 2013

    Cindy Obron Kahn

    The Agency Hall & Hunter

    (248) 568-7309

    69 in this area

    216 Total Sales

    Cindy Obron Kahn
    Section Image
  • Tushar Vakhariya

    Buyer's Agent in 2013

    Tushar Vakhariya

    KW Domain

    (248) 302-3921

    100 in this area

    402 Total Sales

    Tushar Vakhariya
    Section Image
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Map

Source: Realcomp

MLS Number: 213093809

Realcomp

APN: 19-18-280-002

Michigan Oakland County Bloomfield Hills 48302

3875 Lakeland Ln, Bloomfield Hills, MI

Homes for Sale in Bloomfield Hills, MI

This home is located at 3875 Lakeland Ln, Bloomfield Hills, MI 48302 since 20 August 2013 and is currently estimated at $1,455,413, approximately $485 per square foot. This property was built in 1955. 3875 Lakeland Ln is a home located in Oakland County with nearby schools including Way Elementary School, South Hills Middle School, and Bloomfield Hills High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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