NOT LISTED FOR SALE

Estimated Value: $1,390,000 - $2,173,000

5 Beds
5.5 Baths
5,059 Sq Ft
$372/Sq Ft Est. Value

Last Sold May 23, 2012

Last sale price $850,000 $168 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $11,968/month

210 Days on Market

Highlights

  • Lake Front
  • Dock Facilities
  • Second Garage
  • West Hills Middle School Rated A
  • In Ground Pool
  • Contemporary Architecture

About This Home

As of May 2012

MAGNIFICENT ALL SPORTS LAKE FRONT 120 FT ON ALL SPORTS WALNUT LAKE. BREATHTAKING VIEWS FROM WALLS OF WINDOWS. CONTEMPORARY MASTERPIECE W/ EXTENSIVE GRANITE AND CUSTOM BATHS, GOURMET KITCHEN W/ TOP OF THE LINE APPLIANCES 2 STORY FOYER W/ DRAMATIC CEILINGS, INCREDIBLE TWO MASTER SUITES. FINISHED LL W/ INDOOR LAP POOL, SPA AND KITCHEN. BLOOMFIELD HILLS SCHOOLS. ALL M&D APPROX. 24 HOUR NOTICE.

Last Listed By

Michael Hermiz

RE/MAX New Trend License #6501122864 Listed on: 10/26/2011

RE/MAX New Trend

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • Lot Dimensions are 120 x 115
  • Lake Front

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 5,059 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar Fridge
  • Gas Fireplace
  • Living Room with Fireplace
  • Water Views
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Jetted Tub in Primary Bathroom

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • 2 Car Direct Access Garage
  • Second Garage

Outdoor Features

  • In Ground Pool
  • Dock Facilities
  • Patio
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1824256008

Community Details

Overview

  • No Home Owners Association
  • Walnut Lake Hills Sub Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Assessment: YES
  • Year Built: 1996
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Jetted Tub, Security Alarm (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Room Count: 19
  • Total Bedrooms: 5
  • Total Bathrooms: 5.10
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Bar Fridge, Dishwasher, Disposal, Microwave, Refrigerator, Range/Stove
  • Sq Ft Combined: 7287
  • Sq Ft Lower Floor: 2228
  • Total Sq Ft: 5059

Exterior Features

  • Waterfront Name: WALNUT LAKE
  • Pool: Yes
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Exterior Features: Lighting, Pool - Inground, Shed
  • Frontage Feet: 120
  • Porch Type: Patio
  • Road Frontage Type: Paved
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access
  • 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: No

Schools

  • School District: Bloomfield Hills

Lot Info

  • Homestead: Yes
  • Lot Features: Water View
  • Lot Dimensions: 120 X 115
  • Parcel Number: 1824256008

Tax Info

  • Tax Amount Summer: 17758.0000
  • Tax Amount Winter: 14017.0000
  • Total Tax: 31775.0000

Multi Family

  • Waterfront Features: All Sports Lake, Dock Facilities

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2011
Closed on
May 23, 2012
Sold by
Jaddou Safa and Jaddou Faris
Bought by
Shankar Varchasvi and Varchasvi Nandini G
Seller's Agent
Michael Hermiz
RE/MAX New Trend
Buyer's Agent
John Kay
RE/MAX Classic
List Price
$950,000
Sold Price
$850,000
Premium/Discount to List
-$100,000
-10.53%
Total Days on Market
210
Current Estimated Value
$1,884,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,034,430
Avg. Annual Appreciation
6.32%
Original Mortgage
$680,000
Interest Rate
3.87%
Mortgage Type
New Conventional

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
Shankar Varchasvi $850,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shankar Varchasvi $412,000
Open Shankar Varchasvi $1,168,000
Closed Shankar Varchasvi $200,000
Closed Shankar Varchasvi $1,191,000
Closed Shankar Varchasvi $200,000
Closed Shankar Varchasvi $850,000
Closed Shankar Varchasvi $100,000
Closed Shankar Varchasvi $680,000
Closed Shankar Varchasvi $680,000
Previous Owner Jaddou Safa $1,500,000
Previous Owner The Jaddous Phase I Llc $300,000
Previous Owner Jaddou Safa $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2012 05/23/12 Sold $850,000 -10.5% $168 / Sq Ft
05/23/2012 05/23/12 Pending -- -- --
10/26/2011 10/26/11 For Sale $950,000 -- $188 / 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 $18,244 $1,053,410 $0 $0
2022 $17,655 $953,860 $268,720 $685,140
2021 $32,953 $860,630 $0 $0
2020 $16,776 $972,850 $268,720 $704,130
2018 $31,792 $917,750 $245,220 $672,530
2015 -- $931,300 $0 $0
2014 -- $985,050 $0 $0
2011 -- $858,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 211112514

Realcomp

APN: 18-24-256-008