NOT LISTED FOR SALE

4885 Walnut Lake Rd West Bloomfield, MI 48323

Estimated Value: $291,000 - $439,427

3 Beds
2.5 Baths
1,719 Sq Ft
$204/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $300,000 $175 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,425/month

9 Days on Market

Highlights

  • 1.75 Acre Lot
  • Ranch Style House
  • No HOA
  • Roosevelt Elementary School Rated A-
  • Ground Level Unit
  • 2 Car Attached Garage

About This Home

As of September 2023

Great opportunity on this brick ranch situated on 1.75 acres centrally located in West Bloomfield! This property offers a quiet and serene setting with open land and mature trees. Permitter of the home has been recently graded to include new retaining walls and back patio. Home is priced to sell and ready for your finishing interior touches, add another structure to the adjacent property or remove for new construction...lots of options! All buildable land and no wetlands on center build site of property. This property is being sold to include the adjacent 1 vacant acre parcel for a total of 1.75 acres. Adjacent parcel ID number is 18-27-101-003. Broker is also Seller.

Last Agent to Sell the Property

Chris George

Advanced Realty Professionals License #6504359999 Listed on: 07/25/2023

Last Buyer's Agent

Chris George

Advanced Realty Professionals License #6504359999 Listed on: 07/25/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955 | Remodeled in 2023

Lot Details

  • 1.75 Acre Lot
  • Lot Dimensions are 219x348
  • Cleared Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,719 Sq Ft Home
  • Unfinished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Ground Level Unit

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1827101004

Home Details

Home Type

Single Family

Year Built

Built in 1955 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1955
  • State Equalized Value: 142510.0000
  • Year Renovated: 2023
  • Entry Location: Ground Level
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Access
  • Sq Ft Combined: 2988
  • Sq Ft Lower Floor: 1269
  • Total Sq Ft: 1719
  • Sq Ft Total Bsmt: 1269

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 80
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Radiant
  • Sewer: Septic Tank (Existing), Sewer at Street
  • Water Source: Well (Existing), Water at Street

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: West Bloomfield

Lot Info

  • Homestead: Yes
  • Lot Features: Cleared
  • Lot Size Area: 1.75
  • Lot Dimensions: 219X348
  • Parcel Number: 1827101004

Rental Info

  • Deposit Amount: 60000.00

Tax Info

  • Tax Amount Summer: 5543.0000
  • Tax Amount Winter: 1976.0000
  • Total Tax: 7519.0000
  • Taxable Value: 138780.0000

MLS Schools

  • School District: West Bloomfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2023
Closed on
Sep 7, 2023
Sold by
Arp Partner Properties Llc and New Hope Community Development Non-Profi
Bought by
To Arp Partner Properties Llc
Seller's Agent
Chris George
Advanced Realty Professionals
Buyer's Agent
Chris George
Advanced Realty Professionals
List Price
$298,500
Sold Price
$300,000
Premium/Discount to List
$1,500
0.5%
Views
71
Current Estimated Value
$349,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,857
Avg. Annual Appreciation
3.18%

Purchase Details

Listed on
Nov 17, 2020
Closed on
Jan 11, 2021
Sold by
Grantornew Hope Community Development
Bought by
Arp Partner Properties Llc and New Cmnty Dev Non Profit Hsng Corporatat
Seller's Agent
Ronald Simpson
21st Century Elegant Homes
Buyer's Agent
Ronald Simpson
21st Century Elegant Homes
List Price
$238,545
Sold Price
$175,400
Premium/Discount to List
-$63,145
-26.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.54%

Purchase Details

Listed on
Nov 17, 2020
Closed on
Dec 16, 2020
Sold by
Federal Home Loan Mortgage Corporation
Bought by
New Hope Cmnty Dev Non Profit Hsng Corp
Seller's Agent
Ronald Simpson
21st Century Elegant Homes
Buyer's Agent
Ronald Simpson
21st Century Elegant Homes
List Price
$238,545
Sold Price
$175,400
Premium/Discount to List
-$63,145
-26.47%

Purchase Details

Closed on
Jan 2, 2020
Sold by
Specialized Loan Servicing Llc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 3, 2019
Sold by
Reif Stephen and Ross Mortgage Corporation
Bought by
Specialized Loan Servicing Llc

Purchase Details

Listed on
Jun 7, 2017
Closed on
Jul 31, 2017
Sold by
Chissus Carol R and Chissus Carol Ann
Bought by
Reif Stephen
Seller's Agent
Richard Bailey
Bailey Realty & Investment Co
Buyer's Agent
Robbie Rustile
RE/MAX Eclipse
List Price
$249,900
Sold Price
$254,000
Premium/Discount to List
$4,100
1.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.87%
Original Mortgage
$245,380
Interest Rate
3.93%
Mortgage Type
New Conventional
Source: Public Records

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
To Arp Partner Properties Llc -- None Listed On Document
Arp Partner Properties Llc -- None Available
New Hope Cmnty Dev Non Profit Hsng Corp $175,400 Title365
Federal Home Loan Mortgage Corporation -- None Available
Specialized Loan Servicing Llc $218,504 None Available
Reif Stephen $254,000 Title One Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reif Stephen $245,380
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $300,000 +0.5% $175 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $298,500 +70.2% $174 / Sq Ft
01/12/2021 01/12/21 Sold $175,400 -26.5% $102 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
11/17/2020 11/17/20 For Sale $238,545 -6.1% $139 / Sq Ft
07/31/2017 07/31/17 Sold $254,000 +1.6% $148 / Sq Ft
06/19/2017 06/19/17 Pending -- -- --
06/07/2017 06/07/17 For Sale $249,900 -- $145 / 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 $5,916 $148,270 $0 $0
2022 $5,820 $142,510 $42,350 $100,160
2021 $7,275 $134,350 $0 $0
2020 $4,527 $116,890 $42,350 $74,540
2018 $4,296 $108,410 $42,350 $66,060
2015 -- $111,170 $0 $0
2014 -- $100,860 $0 $0
2011 -- $98,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230059695

Realcomp

APN: 18-27-101-004