NOT LISTED FOR SALE

4969 Elmgate Dr Orchard Lake, MI 48324

Estimated Value: $4,690,000 - $7,377,044

4 Beds
8 Baths
9,281 Sq Ft
$675/Sq Ft Est. Value

Last Sold June 01, 2017

Last sale price $4,300,000 $463 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $42,236/month

79 Days on Market

Highlights

  • 129 Feet of Waterfront
  • Second Garage
  • Deck
  • Dock Facilities
  • 3.26 Acre Lot
  • Contemporary Architecture

About This Home

As of June 2017

Heaven on the lake with your own private beach & boat dock + stunning water views from your pristine property, spacious outdoor deck & oversized windows! This exquisite, architecturally distinctive estate is surrounded by meticulous landscaping & fronted by an elegant circular drive. Truly a dream oasis with all the luxuries you can imagine including an indoor basketball court & 4-car garage! A grand entryway opens to a phenomenal sun-filled great room with double-height ceilings & a glass wall facing the tranquil lake. Open dining & a sitting area with fireplace afford seamless comfort for entertaining. The sleek tray ceiling chef’s kitchen adorned with rich cabinetry, granite counters, center island with seating & premium appliance package spills out to the lakefront deck. Relax in the lovely family room that overlooks water vistas. Your luxurious master suite enjoys an indulgent spa bath. Up the wonderful wood staircase await generously-sized secondary BRs. Sheer waterfront bliss!

Last Agent to Sell the Property

Dan Gutfreund

Signature Sotheby's International Realty Bham License #6501367800 Listed on: 02/22/2017

Signature Sotheby's International Realty Bham

Co-Listed By

Michelle Yurich

@properties Christie's Int'l R.E. Birmingham License #6501240581

Last Buyer's Agent

Cindy Obron Kahn

The Agency Hall & Hunter License #6501316961

The Agency Hall & Hunter

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2006

Lot Details

  • 3.26 Acre Lot
  • Lot Dimensions are 413x343x129x420
  • 129 Feet of Waterfront
  • Lake Front

Home Design

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

Interior Spaces

  • 9,281 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Sound System
  • Bar Fridge
  • Gas Fireplace
  • Living Room with Fireplace
  • Water Views
  • Finished Basement
  • Walk-Out Basement
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Direct Access Garage
  • Second Garage
  • Heated Garage
  • Garage Door Opener

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • Dock Facilities
  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Humidifier
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1816276016
  • $18,359 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • Assr's Plat Of Cruice Shores Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$71,334

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Assessment: 37.45
  • Year Built: 2006
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Air Purifier, Cable Available, High Spd Internet Avail, Humidifier, Jetted Tub, Security Alarm (owned), Sound System, Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Room Count: 30
  • Total Bedrooms: 4
  • Total Bathrooms: 5.30
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 16769
  • Sq Ft Lower Floor: 7488
  • Total Sq Ft: 9281
  • Sq Ft Total Bsmt: 8276

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Upper Straits Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick Veneer (Brick Siding)
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 413
  • Porch Type: Deck, Patio, Porch
  • Road Frontage Type: Paved
  • Water Frontage Feet: 129.00
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 4 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity, Heated
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air, Radiant, Zoned
  • 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: West Bloomfield

Lot Info

  • List Price per Acre: 1472085.8896
  • Lot Features: Water View
  • Lot Size Area: 3.26
  • Lot Dimensions: 413x343x129x420
  • Parcel Number: 1816276016

Tax Info

  • Tax Amount Summer: 69805.0000
  • Tax Amount Winter: 1529.0000
  • Total Tax: 71334.0000

Multi Family

  • Waterfront Features: All Sports Lake, Dock Facilities

MLS Schools

  • School District: West Bloomfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2017
Closed on
May 24, 2017
Sold by
Knight Ramona M and Ramona M Knight Trust
Bought by
Thacker Bhagwan P and Empowerment Foundation Living Trust
Seller's Agent
Dan Gutfreund
Signature Sotheby's International Realty Bham
Buyer's Agent
Cindy Obron Kahn
The Agency Hall & Hunter
List Price
$4,799,000
Sold Price
$4,300,000
Premium/Discount to List
-$499,000
-10.4%
Current Estimated Value
$6,268,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,968,348
Avg. Annual Appreciation
4.62%
Original Mortgage
$279,500
Outstanding Balance
$224,735
Interest Rate
2.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$6,043,613

Purchase Details

Closed on
Feb 14, 2007
Sold by
Knight Jeffrey A and Knight Ramona M
Bought by
Knight Ramona M and Ramona M Knight Trust

Purchase Details

Closed on
Oct 18, 2004
Sold by
Fields Richard A and Fields Jessica
Bought by
Knight Jeffrey A and Knight Ramona M
Source: Public Records

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
Thacker Bhagwan P -- None Available
Knight Ramona M -- None Available
Knight Jeffrey A -- Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thacker Bhagwan P $279,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2017 06/01/17 Sold $4,300,000 -10.4% $463 / Sq Ft
05/12/2017 05/12/17 Pending -- -- --
02/22/2017 02/22/17 For Sale $4,799,000 -- $517 / 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 $106,462 $2,201,390 $0 $0
2023 $103,218 $2,132,730 $0 $0
2022 $102,943 $2,142,010 $0 $0
2021 $103,343 $2,139,730 $0 $0
2020 $97,496 $2,114,310 $0 $0
2019 $98,078 $1,992,820 $0 $0
2018 $97,625 $1,953,470 $0 $0
2017 $70,735 $1,919,950 $0 $0
2016 $71,182 $1,857,380 $0 $0
2015 -- $1,697,800 $0 $0
2014 -- $1,546,640 $0 $0
2011 -- $1,421,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217008008

Realcomp

APN: 18-16-276-016