NOT LISTED FOR SALE

4500 Prospect St West Bloomfield, MI 48324

Estimated Value: $967,000 - $1,261,000

0.52 Acre
$2,144,783 Price per Acre
22,651 Sq Ft Lot

Last Sold March 16, 2022

Last sale price $1,020,000 $520 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,197/month

11 Days on Market

Highlights

  • 492 Feet of Waterfront
  • Dock Facilities
  • Seawall
  • Roosevelt Elementary School Rated A-
  • Shed
  • Swim Association

About This Lot

As of March 2022

If you've been looking for the epitome of unique lakefront living, this is it!! Half acre parcel includes almost 500 feet of private island waterfront on three sides on all-sports Cass Lake!! Existing house is on property which can either be updated/remodeled, added on to and/or torn down and rebuilt or possible split appears to be possible. Community well water in Zox Lakeside sub with city sewer. $1000 annual HOA dues include water and snow plowing of streets. Value is in the land, two recent appraisals completed to substantiate value. *See residential listing of property*

Last Listed By

James Hoeft

Thrive Realty Company License #6501282957 Listed on: 02/18/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

Year Built

  • 1965

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 185 x 122
  • 492 Feet of Waterfront
  • Lake Front
  • Home fronts a canal

HOA Fees

  • $100 Monthly HOA Fees

Property Views

  • Water Views

Listing and Financial Details

  • Assessor Parcel Number 1803139006

Community Details

Overview

  • Association Phone (248) 520-2722
  • Lagoon Add To Zox Lakeside Park Subdivision
  • Swim Association

Recreation

  • Water Sports
  • Seawall
  • Dock Facilities
  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$9,431

Year Built

1965

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 377420.0000
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1965

Exterior Features

  • Waterfront Name: Cass Lake
  • Waterfront: Yes
  • Frontage Feet: 185
  • Road Frontage Type: Paved
  • Water Frontage Feet: 492.00
  • Waterfront Description: Canal Front, Direct Water Frontage, Lake Front, Water Front

Utilities

  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Community

Condo/Co-op/Association

  • Association Contact: Bob Redner
  • Association Fee Frequency: Annually
  • Phone: 248-520-2722
  • Association Fee: 1200

Schools

  • School District: West Bloomfield

Lot Info

  • Lot Features: Water View
  • Lot Size Area: 0.52
  • Lot Dimensions: 185 x 122
  • Parcel Number: 1803139006
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 6144.0000
  • Tax Amount Winter: 3287.0000
  • Total Tax: 9431.0000
  • Taxable Value: 242810.0000

Multi Family

  • Waterfront Features: All Sports Lake, Dock Facilities, Sea Wall, Swim Association, DIRFRT

MLS Schools

  • School District: West Bloomfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Mar 16, 2022
Sold by
Stephens Donald J
Bought by
Dehko Jordan
Seller's Agent
James Hoeft
Thrive Realty Company
Buyer's Agent
Anita Sadik
KW Showcase Realty
List Price
$1,199,000
Sold Price
$1,020,000
Premium/Discount to List
-$179,000
-14.93%
Total Days on Market
11
Current Estimated Value
$1,115,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,287
Avg. Annual Appreciation
2.83%

Purchase Details

Closed on
Oct 8, 2012
Sold by
Stephens Anna E and Stephens Arthur A
Bought by
Stephens Donald J

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
Dehko Jordan $1,020,000 None Listed On Document
Stephens Donald J -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2022 03/16/22 Sold $1,020,000 -14.9% $520 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $1,199,000 -- $611 / 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 $10,257 $437,490 $0 $0
2022 $10,107 $385,820 $301,020 $84,800
2021 $9,464 $377,420 $0 $0
2020 $6,083 $376,110 $301,020 $75,090
2018 $9,129 $340,080 $274,900 $65,180
2015 -- $333,940 $0 $0
2014 -- $314,330 $0 $0
2011 -- $297,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220010920

Realcomp

APN: 18-03-139-006