NOT LISTED FOR SALE

4560 Cherokee Ln Bloomfield Hills, MI 48301

Estimated Value: $2,358,000 - $3,505,000

1.66 Acres
$1,683,769 Price per Acre
72,310 Sq Ft Lot

Last Sold April 10, 2020

Last sale price $500,000 $252 Per Sq Ft

Est. 459% increase in value since last sale

Current estimated payment $17,532/month

133 Days on Market

About This Lot

As of April 2020

Opportunity to build your dream home in Bloomfield on 1.66 acres of land ideally located at end of a private cul-de-sac! Bloomfield Hills schools. Wing Lake privileges available with private beach (additional fees apply). Land topography perfect for walkout lower level with huge backyard for pool, outdoor kitchen, entertaining, etc. Close to Downtown Birmingham. Residential structure on property can be accessed by appointment only. Value is in the land!

Last Listed By

Katherine Broock

Max Broock, REALTORS®-Birmingham License #6501240456 Listed on: 10/21/2019

Max Broock, REALTORS®-Birmingham

Property Details

Property Type

  • Land

Est. Annual Taxes

Year Built

  • 1973

Lot Details

  • 1.66 Acre Lot
  • Lot Dimensions are 132x320x261x300x76

Community Details

  • Sly Farms No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1930476024

Property Details

Property Type

Land

Est. Annual Taxes

$9,452

Year Built

1973

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 259210.0000
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1973

Exterior Features

  • Frontage Feet: 132
  • Road Frontage Type: Paved

Utilities

  • Sewer: Septic Tank (Existing)
  • Water Source: Public (Municipal)
  • High Speed Internet: Yes

Schools

  • School District: Bloomfield Hills

Lot Info

  • List Price per Acre: 342771.0843
  • Lot Features: Residential Structure on Property
  • Lot Size Area: 1.66
  • Lot Dimensions: 132x320x261x300x76
  • Parcel Number: 1930476024
  • Zoning: Residential
  • PERK: Yes

Tax Info

  • Tax Amount Summer: 4716.0000
  • Tax Amount Winter: 4736.0000
  • Total Tax: 9452.0000
  • Taxable Value: 191480.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2019
Closed on
Apr 10, 2020
Sold by
Mickelson Ira H and Mickelson Linda Ann
Bought by
Loussia Brian
Seller's Agent
Katherine Broock
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Michael Jonna
RE/MAX Nexus
List Price
$599,000
Sold Price
$500,000
Premium/Discount to List
-$99,000
-16.53%
Total Days on Market
133
Current Estimated Value
$2,795,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,295,056
Avg. Annual Appreciation
39.86%
Original Mortgage
$375,000
Interest Rate
4.62%
Mortgage Type
New Conventional

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
Loussia Brian $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loussia Brian G $1,709,500
Closed Loussia Brian $2,520,000
Closed Loussia Brian $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2020 04/10/20 Sold $500,000 -12.1% $252 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/20/2020 02/20/20 Price Changed $569,000 -5.0% $287 / Sq Ft
10/21/2019 10/21/19 For Sale $599,000 0.0% $302 / Sq Ft
12/06/2012 12/06/12 Rented $2,200 0.0% --
11/13/2012 11/13/12 Under Contract -- -- --
08/03/2012 08/03/12 For Rent $2,200 -- --
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 $22,644 $1,330,140 $0 $0
2023 $28,439 $1,167,750 $0 $0
2022 $32,256 $646,720 $0 $0
2021 $14,397 $286,950 $0 $0
2020 $4,794 $272,120 $0 $0
2019 $9,316 $259,210 $0 $0
2018 $9,350 $253,980 $0 $0
2017 $9,210 $246,410 $0 $0
2016 $9,176 $253,250 $0 $0
2015 -- $229,620 $0 $0
2014 -- $178,140 $0 $0
2011 -- $175,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katherine Broock

    Seller's Agent in 2020

    Katherine Broock

    Max Broock, REALTORS®-Birmingham

    (248) 318-4504

    140 in this area

    560 Total Sales

    Katherine Broock
    Section Image
  • Michael Jonna

    Buyer's Agent in 2020

    Michael Jonna

    RE/MAX

    (248) 444-3099

    2 in this area

    30 Total Sales

    Michael Jonna
    Section Image

  • K

    Seller's Agent in 2012

    Kathleen Haack

    Max Broock, REALTORS®-Birmingham

    (248) 561-3671

    34 Total Sales

    Kathleen Haack
    Section Image
  • Milton Duerod

    Buyer's Agent in 2012

    Milton Duerod

    Motion Realty

    (248) 535-7641

    9 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 219106138

Realcomp

APN: 19-30-476-024

Michigan Oakland County Bloomfield Hills 48301

4560 Cherokee Ln, Bloomfield Hills, MI

Homes for Sale in Bloomfield Hills, MI

This home is located at 4560 Cherokee Ln, Bloomfield Hills, MI 48301 since 21 October 2019 and is currently estimated at $2,795,056, approximately $1,408 per square foot. This property was built in 1973. 4560 Cherokee Ln is a home located in Oakland County with nearby schools including Conant 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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