NOT LISTED FOR SALE

4550 River Trail Bloomfield Hills, MI 48301

Estimated Value: $1,431,835 - $1,809,000

5 Beds
6 Baths
5,551 Sq Ft
$289/Sq Ft Est. Value

Last Sold February 01, 2016

Last sale price $990,000 $178 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $9,286/month

56 Days on Market

Highlights

  • Colonial Architecture
  • Jetted Tub in Primary Bathroom
  • 3 Car Direct Access Garage
  • Conant Elementary School Rated A
  • Corner Lot
  • Bar Fridge

About This Home

As of February 2016

Fabulous Franklin Ravines Beauty. Elegance at it's finest. This home boasts a two story foyer with marble flooring and grand staircase to the upper and lower levels. Formal living with a focus on family with the two story great room, breakfast nook and kitchen surrounding a peninsula fireplace. Master bedroom has a large bowed window, his and her closets, sinks and a master bath with both Jacuzzi style tub and separate shower. Bridge over dramatic entry and great room, with service staircase. Lower level is perfect for entertaining with it's large family room including living, dining rooms and a bar that would rival any public house with it's expansive seating area, fridge, wet bar and temperature controlled wine cooler. A service kitchen is also located on this level for ease in entertaining. Lower level office and in-law suite make this finished level complete. Exclusion: Chandelier in breakfast nook.

Last Agent to Sell the Property

Jon Swords

Max Broock, REALTORS®-Birmingham License #6501260384 Listed on: 09/24/2015

Max Broock, REALTORS®-Birmingham

Last Buyer's Agent

Shadia Martini

Great Estates Realty LLC License #6502356016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1990 | Remodeled in 1993

Lot Details

  • 0.56 Acre Lot
  • Corner Lot
  • Irregular Lot

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 5,551 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar Fridge
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement
  • Natural lighting in basement

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Air Purifier
  • Exterior Lighting

Community Details

  • Franklin Ravines Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1931430006

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,698

Year Built

Built in 1990 | Remodeled in 1993

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1990
  • Year Renovated: 1993
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Air Purifier, Cable Available, Humidifier, Jetted Tub, Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement, Dining Room, Family Room, Living Room
  • Total Bedrooms: 5
  • Total Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Daylight, Finished, Walkout Access
  • Kitchen Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 5551

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exclusions: Yes
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Road Frontage Type: Paved
  • Sideof Street: W

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity, Side Entrance
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: 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 Frequency: Annually
  • Association Fee: 350
  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1998214.2857
  • Lot Features: Corner Lot, Irregular
  • Lot Size Area: 0.56
  • Lot Dimensions: Irregular
  • Parcel Number: 1931430006

Tax Info

  • Tax Amount Summer: 8540.0000
  • Tax Amount Winter: 8158.0000
  • Total Tax: 16698.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2015
Closed on
Feb 1, 2016
Sold by
The Willie Jean Morgan Trust and Morgan Tamara S
Bought by
Alsubee Omar A and Subei Oula
Seller's Agent
Jon Swords
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Shadia Martini
Great Estates Realty LLC
List Price
$1,119,000
Sold Price
$990,000
Premium/Discount to List
-$129,000
-11.53%
Current Estimated Value
$1,604,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$614,959
Avg. Annual Appreciation
5.02%
Original Mortgage
$742,500
Outstanding Balance
$458,469
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$1,146,490

Purchase Details

Closed on
Sep 12, 2012
Sold by
Morgan Willie Jean
Bought by
Morgan Willie Jean

Purchase Details

Closed on
Oct 28, 2008
Sold by
Morgan Jerome
Bought by
Morgan Willie Jean
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alsubee Omar A $990,000 Attorney
Morgan Willie Jean -- None Available
Morgan Willie Jean -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alsubee Omar A $742,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2016 02/01/16 Sold $990,000 -11.5% $178 / Sq Ft
11/19/2015 11/19/15 Pending -- -- --
09/24/2015 09/24/15 For Sale $1,119,000 -- $202 / 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 $10,065 $552,410 $0 $0
2023 $9,740 $610,450 $0 $0
2022 $18,304 $568,330 $0 $0
2021 $18,172 $509,200 $0 $0
2020 $8,908 $468,260 $0 $0
2019 $18,949 $509,250 $0 $0
2018 $21,443 $560,200 $0 $0
2017 $21,598 $551,060 $0 $0
2016 $16,975 $530,410 $0 $0
2015 -- $502,330 $0 $0
2014 -- $499,910 $0 $0
2011 -- $401,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215103769

Realcomp

APN: 19-31-430-006