$254,000
SOLD JUL 31, 2017

4885 Walnut Lake Rd West Bloomfield, MI 48323

5 Beds
2.5 Baths
1,719 Sq Ft
0.75 Acres

Recently Sold

$148 Per Sq Ft

2% Above List Price

12 Days on Market

Highlights

  • 0.75 Acre Lot
  • Wooded Lot
  • No HOA
  • Roosevelt Elementary School Rated A-
  • Ranch Style House
  • Covered patio or porch

About This Home

As of September 2023

Charming 5 bedroom ranch in the heart of West Bloomfield Twp. Large landscaped lot. Home has many nice features, though some are dated. Stone fireplace wall in living room. Second kitchen and full bath in basement; possible in-law quarters. Heated workshop in/behind garage. Home has been well maintained and is move-in ready. Walking distance to library. Buyers agent must be present at all showings. Also available with TaxID 1827101003, a 1-acre vacant lot west of the house MLS# 217048097; buy them both, take $15k off combined price. Listing agent related to seller.

Last Agent to Sell the Property

Richard Bailey

Bailey Realty & Investment Co License #6502123329 Listed on: 06/07/2017

Last Buyer's Agent

Robbie Rustile

RE/MAX Eclipse License #6501365365

RE/MAX Eclipse

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1955 | Remodeled in 1972

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 94x348
  • Wooded Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,719 Sq Ft Home
  • Gas Fireplace
  • Great Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement

Parking

  • 2 Car Direct Access Garage
  • Workshop in Garage
  • Garage Door Opener

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Property is near a ravine

Listing and Financial Details

  • Assessor Parcel Number 1827101004
  • $7,620 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,017

Year Built

Built in 1955 | Remodeled in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1955
  • Year Renovated: 1972
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Basement, Great Room
  • Room Count: 15
  • Total Bedrooms: 5
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Sq Ft Combined: 2919
  • Sq Ft Lower Floor: 1200
  • Total Sq Ft: 1719
  • Sq Ft Total Bsmt: 1269

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 94
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved
  • Sideof Street: S

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity, Workshop
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Baseboard, Hot Water
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: West Bloomfield

Lot Info

  • Homestead: Yes
  • List Price per Acre: 333200.0000
  • Lot Features: Hilly-Ravine, Wooded
  • Lot Size Area: 0.75
  • Lot Dimensions: 94x348
  • Parcel Number: 1827101004

Tax Info

  • Tax Amount Summer: 2658.0000
  • Tax Amount Winter: 1359.0000
  • Total Tax: 4017.0000

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Available
Deed $175,400 Title365
Quit Claim Deed -- None Available
Sheriffs Deed $218,504 None Available
Warranty Deed $254,000 Title One Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $245,380 New Conventional
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: 217048100

Realcomp

APN: 18-27-101-004