NOT LISTED FOR SALE

3900 Lakeland Ln Bloomfield Hills, MI 48302

Estimated Value: $822,879 - $1,085,000

4 Beds
2 Baths
3,092 Sq Ft
$296/Sq Ft Est. Value

Last Sold June 24, 2016

Last sale price $491,000 $159 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $5,577/month

6 Days on Market

Highlights

  • Water Views
  • 1.24 Acre Lot
  • Wood Burning Stove
  • Way Elementary School Rated A
  • Lake Privileges
  • Wooded Lot

About This Home

As of June 2016

EITHER TEARDOWN OR RENOVATE THIS SPRAWLING 3000 SQFT RANCH WITH ISLAND LAKE PRIVILEGES LOCATED ON A 1.25 ACRE WOODED LOT. THIS HOME FEATURES AN OPEN FLOOR PLAN PERFECT FOR ENTERTAINING. FAMILY ROOM OFF KITCHEN. GREAT ROOM FEATURES FLOOR TO CEILING WINDOWS ALLOWING LOTS OF NATURAL LIGHT AND VIEWS OF THE BACKYARD OASIS. PRIVATE YARD BOASTS BEAUTIFUL PERENNIALS AND LANDSCAPING. ENJOY THIS PEACEFUL "UP NORTH" SETTING. CLOSE TO THE NEW BLOOMFIELD HILLS HIGH SCHOOL, KIRK IN THE HILLS, SHOPPING & RESTAURANTS. ENJOY THIS HIDDEN GEM AMONG MULTI- MILLION DOLLAR HOMES. ALL MEASUREMENTS AND DIMENSIONS APPROXIMATE. VALUE IS IN THE LAND. I.D.R.B.N.G.

Last Listed By

Tushar Vakhariya

KW Domain License #6501279268 Listed on: 05/26/2016

KW Domain

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1955 | Remodeled in 1977

Lot Details

  • 1.24 Acre Lot
  • Lot Dimensions are 205 x 180 x 295 x 179
  • Fenced
  • Irregular Lot
  • Wooded Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 3,092 Sq Ft Home
  • Wood Burning Stove
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Water Views
  • Crawl Space
  • Attic Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Direct Access Garage
  • Workshop in Garage

Outdoor Features

  • Lake Privileges
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Island Lake Woods Subdivision
  • Property is near a ravine

Listing and Financial Details

  • Assessor Parcel Number 1918276031

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,922

Year Built

Built in 1955 | Remodeled in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1955
  • Year Renovated: 1977
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Natural, Wood Stove
  • Fireplace Locations: Dining Room, Living Room
  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 3092
  • Total Sq Ft: 3092

Exterior Features

  • Roof Material: Composition
  • Waterfront Name: ISLAND LAKE
  • Foundation Details: Crawl
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 205
  • Porch Type: Patio
  • Road Frontage Type: Paved
  • Waterfront Description: Lake/River Priv

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Workshop
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Attic Fan, Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Bloomfield Hills

Lot Info

  • Homestead: Yes
  • List Price per Acre: 418548.3871
  • Lot Features: Hilly-Ravine, Irregular, Water View, Wooded
  • Lot Size Area: 1.24
  • Lot Dimensions: 205 X 180 X 295 X 179
  • Parcel Number: 1918276031

Tax Info

  • Tax Amount Summer: 3465.0000
  • Tax Amount Winter: 3457.0000
  • Total Tax: 6922.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2016
Closed on
Jun 24, 2016
Sold by
Maridas Manju Shivan and Haridas Abilash
Bought by
Fancher Christopher L
Seller's Agent
Tushar Vakhariya
KW Domain
Buyer's Agent
Barbara Pope
RE/MAX Classic
List Price
$519,000
Sold Price
$491,000
Premium/Discount to List
-$28,000
-5.39%
Total Days on Market
6
Current Estimated Value
$913,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$422,970
Avg. Annual Appreciation
7.21%
Original Mortgage
$160,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2015
Closed on
Apr 8, 2015
Sold by
Leone Giovanni J and Peterson Tracy D
Bought by
Haridas Manju Shivan and Haridas Abilash
Seller's Agent
Glover Agency
KW Professionals
Buyer's Agent
Tushar Vakhariya
KW Domain
List Price
$475,000
Sold Price
$470,000
Premium/Discount to List
-$5,000
-1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%
Original Mortgage
$470,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 16, 1998
Sold by
Peterson Tracy D
Bought by
Leone Giovanni J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
7.27%

Purchase Details

Closed on
Feb 18, 1997
Sold by
Mellen John David
Bought by
Leone Giovanni J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,850
Interest Rate
7.95%

Purchase Details

Closed on
Feb 15, 1996
Sold by
Pittaway Harold Iii
Bought by
Mellen John David

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
Fancher Christopher L $491,000 First American Title Ins Co
Haridas Manju Shivan $470,000 First American Title
Leone Giovanni J -- --
Leone Giovanni J $298,500 --
Mellen John David $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fancher Christopher L $150,000
Closed Fancher Christopher L $160,000
Previous Owner Haridas Manju Shivan $470,000
Previous Owner Leone Giovanni J $366,800
Previous Owner Leone Giovanni J $130,000
Previous Owner Leone Giovanni J $30,000
Previous Owner Leone Giovanni J $330,000
Previous Owner Leone Giovanni J $308,000
Previous Owner Leone Giovanni J $223,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2016 06/24/16 Sold $491,000 -5.4% $159 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $519,000 +10.4% $168 / Sq Ft
04/08/2015 04/08/15 Sold $470,000 -1.1% $152 / Sq Ft
02/18/2015 02/18/15 Pending -- -- --
02/08/2015 02/08/15 For Sale $475,000 -- $154 / 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 $5,536 $329,710 $0 $0
2023 $5,357 $307,530 $0 $0
2022 $10,068 $276,930 $0 $0
2021 $9,996 $266,980 $0 $0
2020 $4,900 $263,400 $0 $0
2019 $9,405 $254,260 $0 $0
2018 $9,449 $246,850 $0 $0
2017 $9,277 $239,110 $0 $0
2016 $9,340 $235,190 $0 $0
2015 -- $224,090 $0 $0
2014 -- $192,070 $0 $0
2011 -- $161,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216051683

Realcomp

APN: 19-18-276-031