NOT LISTED FOR SALE

391 Cranbrook Ct Bloomfield Hills, MI 48304

Estimated Value: $2,870,000 - $5,897,000

3.04 Acres
$1,475,629 Price per Acre
132,422 Sq Ft Lot

Last Sold August 15, 2018

Last sale price $1,400,000 $200 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $30,569/month

19 Days on Market

Highlights

  • River Front
  • 3.04 Acre Lot
  • Lot Has A Rolling Slope
  • Quarton Elementary Rated A

About This Lot

As of August 2018

Stunning 3 ACRES site on with the Rouge River flowing through this majestic property. Opportunity to custom build your dream home in the most desirable location in Bloomfield Hills within walking distance to Cranbrook Schools and located within the Birmingham School District. Close proximity to downtown Birmingham shopping, dining and theaters!

Last Listed By

Jaime Rae Turnbull

Higbie Maxon Agney Inc License #MISPE-6501312561 Listed on: 06/29/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,269

Year Built

  • 1956

Lot Details

  • 3.04 Acre Lot
  • Lot Dimensions are 356x366x351x395
  • River Front
  • Lot Has A Rolling Slope

Community Details

  • Cranbrook Court Estates Subdivision
  • Property is near a ravine

Listing and Financial Details

  • $15,269 Total Annual Tax in 2017
  • Assessor Parcel Number 19-23-326-067

Property Details

Property Type

Land

Est. Annual Taxes

$15,269

Year Built

1956

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Style: Vacant Land
  • Flood Plain: Unknown
  • Mail City: Bloomfield Hills
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1956

Exterior Features

  • Frontage: 396
  • Water Features: River Frontage
  • Waterfront: Yes

Utilities

  • Water: Public Water At Street
  • Sewer/Septic System: Public At Street

Schools

  • School District: Birmingham City School District

Lot Info

  • Assessor Parcel Number: 19-23-326-067
  • Acreage: 3.04
  • Lot Description: Ravine, Rolling/Hilly
  • Lot Size: 356x366x351x395
  • Survey On File: Yes
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2017, Amount: $12,195.00
  • Winter Tax: Year: 2017, Amount: $3,074.00
  • Total Tax: Year: 2017

MLS Schools

  • School District: Birmingham City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2022
Sold by
Calero Federico A and Calero Suzanne B
Bought by
Federico A Calero Living Trust
Total Days on Market
19
Current Estimated Value
$4,485,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2019
Sold by
Calero Federico A
Bought by
Calero Federico A and Calero Suzanne B

Purchase Details

Listed on
Jun 29, 2018
Closed on
Aug 23, 2018
Sold by
Myers Craig R and Myers Kristin M
Bought by
Calero Federico A
Seller's Agent
Jaime Rae Turnbull
Higbie Maxon Agney Inc
Buyer's Agent
Dan Gutfreund
Signature Sotheby's International Realty Bham
List Price
$1,695,000
Sold Price
$1,400,000
Premium/Discount to List
-$295,000
-17.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.03%

Purchase Details

Listed on
Dec 20, 2016
Closed on
Mar 29, 2017
Sold by
Eschbach Reinhard and Eschbach Lisa
Bought by
Myers Craing R and Myers Kristin M
Seller's Agent
Glenn Champion
Signature Sotheby's International Realty Bham
Buyer's Agent
Joseph Keenan
Max Broock, REALTORS®-Birmingham
List Price
$1,575,000
Sold Price
$1,450,000
Premium/Discount to List
-$125,000
-7.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.51%

Purchase Details

Listed on
Sep 30, 2015
Closed on
Dec 30, 2015
Sold by
Palmer Connie Sue and Palmer Richard F
Bought by
Eschbach Reinhard and Eschbach Lisa
Seller's Agent
Simon Thomas
DOBI Real Estate
Buyer's Agent
Francine Schlesinger
Max Broock, REALTORS®-Birmingham
List Price
$1,699,000
Sold Price
$1,675,000
Premium/Discount to List
-$24,000
-1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.90%

Purchase Details

Listed on
Jun 11, 2015
Closed on
Aug 3, 2015
Sold by
Cranbruok Court Ventures Llc
Bought by
Palmer Connie Sue and Palmer Richard F
Seller's Agent
Jeffrey Barker
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Jeffrey Barker
Max Broock, REALTORS®-Birmingham
List Price
$1,890,000
Sold Price
$1,625,000
Premium/Discount to List
-$265,000
-14.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%

Purchase Details

Listed on
Sep 29, 2014
Closed on
Feb 6, 2015
Sold by
Rosenthal James and Rosenthal Cathy
Bought by
Cranbrook Court Ventures Llc
Seller's Agent
Jason Abrams
Keller Williams Home
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$2,950,000
Sold Price
$1,400,000
Premium/Discount to List
-$1,550,000
-52.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.55%

Purchase Details

Listed on
Sep 29, 2014
Closed on
Feb 4, 2015
Sold by
Kashat Paul and Kashat Ann Marie
Bought by
Rosenthal James and Rose Warren
Seller's Agent
Jason Abrams
Keller Williams Home
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$2,950,000
Sold Price
$1,400,000
Premium/Discount to List
-$1,550,000
-52.54%

Purchase Details

Closed on
Aug 5, 2014
Sold by
Kashat Paul and Kashat Ann Marie
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Sep 17, 2004
Sold by
Lord Courtney and Lord Karen
Bought by
Kashat Paul and Kashat Ann Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,985,000
Interest Rate
4.8%
Mortgage Type
Unknown

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
Calero Federico A -- None Available
Calero Federico A $1,400,000 None Available
Myers Craing R -- None Available
Eschbach Reinhard $1,675,000 None Available
Palmer Connie Sue -- None Available
Cranbrook Court Ventures Llc -- Title Express Llc
Rosenthal James $1,400,000 Title Express Llc
Jpmorgan Chase Bank National Association $2,140,000 None Available
Kashat Paul -- Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kashat Paul $220,000
Previous Owner Kashat Paul $2,985,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2018 08/15/18 Sold $1,400,000 -17.4% $200 / Sq Ft
07/18/2018 07/18/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $1,695,000 +16.9% $242 / Sq Ft
03/30/2017 03/30/17 Sold $1,450,000 -7.9% $207 / Sq Ft
03/14/2017 03/14/17 Pending -- -- --
12/20/2016 12/20/16 For Sale $1,575,000 -6.0% $225 / Sq Ft
12/30/2015 12/30/15 Sold $1,675,000 -1.4% $239 / Sq Ft
12/27/2015 12/27/15 Pending -- -- --
09/30/2015 09/30/15 For Sale $1,699,000 +4.6% $242 / Sq Ft
08/03/2015 08/03/15 Sold $1,625,000 -14.0% $232 / Sq Ft
07/13/2015 07/13/15 Pending -- -- --
06/11/2015 06/11/15 For Sale $1,890,000 +35.0% $270 / Sq Ft
02/05/2015 02/05/15 Sold $1,400,000 -52.5% $200 / Sq Ft
02/02/2015 02/02/15 Pending -- -- --
09/29/2014 09/29/14 For Sale $2,950,000 -- $421 / Sq Ft
Source: Michigan Multiple Listing Service

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 $65,515 $2,184,230 $0 $0
2023 $62,708 $2,008,340 $0 $0
2022 $67,718 $1,971,590 $0 $0
2021 $26,690 $791,120 $0 $0
2020 $20,591 $534,270 $0 $0
2019 $16,825 $346,770 $0 $0
2018 $16,727 $346,770 $0 $0
2017 $15,389 $315,240 $0 $0
2016 $15,316 $315,240 $0 $0
2015 -- $952,720 $0 $0
2014 -- $848,930 $0 $0
2011 -- $792,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31352365

Michigan Multiple Listing Service

APN: 19-23-326-067