NOT LISTED FOR SALE

4985 Middlebelt Rd West Bloomfield, MI 48323

Estimated Value: $2,703,000 - $3,661,000

4 Beds
7 Baths
6,121 Sq Ft
$533/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $3,700,000 $604 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $20,058/month

79 Days on Market

Highlights

  • 58 Feet of Waterfront
  • Dock Facilities
  • 1.62 Acre Lot
  • Wylie E. Groves High School Rated A+
  • Built-In Refrigerator
  • Lake Privileges

About This Home

As of March 2024

Impressive lakefront estate enjoys an idyllic setting with beautiful views of Walnut Lake. The 1.62-acre property is hidden from the street, accessed through an electric privacy gate & surrounded by lush gardens & mature trees offering privacy & serenity. You are welcomed into the spectacular home by a grand 2-story foyer with spacious living and dining areas & a gourmet Downsview kitchen opens to light-filled great room with custom built-ins & breakfast room with floor to ceiling windows leading to patio. The lake views continue in copper-tiled ceiling all-seasons room. Dramatic staircase to the upper-level leads to primary suite with fireplace, sitting room, bath with Euro shower, vanity and a room that has been converted into an enormous closet featuring 2 islands & stunning cabinetry. An added bonus - a coffee bar & 2nd laundry. A generous sized bedroom & full bath complete this level. Additional accommodations are found in the lower level boasting 2 ensuite bedrooms, expansive family room, a full kitchen, workout room & exceptional entertaining space. Large outdoor areas enrich this home: a paver patio accessed from the walkout LL, the front porch reminiscent of east coast homes, an expansive porch traversing the front upper level & a sweeping lawn that leads to the lake. Highlights include an elevator to all 3 flrs, 2 offices, 3 fireplaces, distressed wide-planked pine t/o entry level, granite flooring t/o lower level as well as 4 car heated garage. Exquisite craftsmanship, well thought-out details & finest materials along with recent updates make this lakeside home a true oasis.

Last Agent to Sell the Property

Cindy Obron Kahn

The Agency Hall & Hunter License #6501316961 Listed on: 09/18/2023

The Agency Hall & Hunter

Co-Listed By

Anna Rea

@properties Christie's Int'l R.E. Birmingham License #6501430984

Last Buyer's Agent

Helen Reasoner

Max Broock, REALTORS®-Birmingham License #6501358900

Max Broock, REALTORS®-Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1995 | Remodeled in 2012

Lot Details

  • 1.62 Acre Lot
  • Lot Dimensions are 194x796x58x776
  • 58 Feet of Waterfront
  • Lake Front
  • Sprinkler System

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 6,121 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Sound System
  • Bar Fridge
  • Ceiling Fan
  • Electric Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Water Views
  • Finished Basement
  • Walk-Out Basement
  • Security System Owned

Kitchen

  • Double Convection Oven
  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Built-In Refrigerator
  • Free-Standing Freezer
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Jetted Tub in Primary Bathroom
  • ENERGY STAR Qualified Skylights

Parking

  • 4 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Dock Facilities
  • Boat Facilities
  • Lake Privileges
  • Covered patio or porch
  • Terrace
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Tankless Water Heater
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Air Purifier
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 1824351026

Community Details

Overview

  • Annual Lake Assoc Fee Association, Phone Number (248) 000-0000
  • Walnut Lake Estates Subdivision

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,960

Year Built

Built in 1995 | Remodeled in 2012

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 197.00
  • Year Built: 1995
  • State Equalized Value: 1250930.0000
  • Year Renovated: 2012
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarm, Cable Available, Central Vacuum, Elevator/Lift, Air Purifier, High Spd Internet Avail, Jetted Tub, Programmable Thermostat, Security Alarm (owned), Sound System, Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Electric, Gas
  • Fireplace Locations: Family Room, Living Room, Primary Bedroom
  • Room Count: 26
  • Total Bedrooms: 4
  • Total Bathrooms: 4.30
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Vented Exhaust Fan, Built-In Refrigerator, Convection Oven, Disposal, Double Oven, ENERGY STAR® qualified dishwasher, Free-Standing Freezer, Free-Standing Refrigerator, Gas Cooktop, Microwave, Stainless Steel Appliance(s), Warming Drawer, Bar Fridge
  • Sq Ft Combined: 9234
  • Sq Ft Lower Floor: 3113
  • Total Sq Ft: 6121
  • Sq Ft Total Bsmt: 3113

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Walnut Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Stone
  • Exterior Features: BBQ Grill, ENERGY STAR® Qualified Skylights, Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 194
  • Porch Type: Porch - Covered, Patio, Porch, Terrace, Patio - Covered
  • Road Frontage Type: Paved
  • Water Frontage Feet: 58.00
  • Waterfront Description: Direct Water Frontage, Lake Front, Lake Privileges, Water Front

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Zoned
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas, Tankless
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: 248-000-0000
  • Association Fee: 100
  • Association Contact: Annual Lake Assoc Fee
  • Association Fee: Yes

Schools

  • School District: Birmingham

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s), Water View
  • Lot Size Area: 1.62
  • Lot Dimensions: 194x796x58x776
  • Parcel Number: 1824351026

Tax Info

  • Tax Amount Summer: 23237.0000
  • Tax Amount Winter: 16723.0000
  • Total Tax: 39960.0000
  • Taxable Value: 1099560.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities, Dock Facilities, DIRFRT

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2023
Closed on
Mar 8, 2024
Sold by
Binno Rabab and Binno Basim
Bought by
Grace A Larkin Revocable Trust and Larkin
Seller's Agent
Cindy Obron Kahn
The Agency Hall & Hunter
Buyer's Agent
Helen Reasoner
Max Broock, REALTORS®-Birmingham
List Price
$3,799,000
Sold Price
$3,700,000
Premium/Discount to List
-$99,000
-2.61%
Views
122
Current Estimated Value
$3,259,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$440,171
Avg. Annual Appreciation
-11.74%

Purchase Details

Closed on
Aug 20, 1998
Sold by
Silberman Ronald
Bought by
Binno Rabab

Purchase Details

Closed on
Jun 28, 1995
Sold by
Silberman Ronald
Bought by
West Bloomfield Township
Source: Public Records

Range of Values:

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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
Grace A Larkin Revocable Trust -- Equity Title
Binno Rabab -- --
West Bloomfield Township -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Binno Basim B $1,400,000
Previous Owner Binno Rabab $500,000
Previous Owner Binno Basim B $1,618,000
Previous Owner Binno Rabab $1,500,000
Previous Owner Binno Basim $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2024 03/11/24 Sold $3,700,000 0.0% $604 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
10/02/2023 10/02/23 Off Market $3,700,000 -- --
09/18/2023 09/18/23 For Sale $3,799,000 -- $621 / 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 $24,546 $1,522,480 $0 $0
2022 $23,237 $1,191,710 $486,710 $705,000
2021 $38,872 $1,091,870 $0 $0
2020 $22,131 $1,213,040 $486,710 $726,330
2018 $37,867 $1,125,380 $444,150 $681,230
2015 -- $1,129,480 $0 $0
2014 -- $964,980 $0 $0
2011 -- $817,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230079257

Realcomp

APN: 18-24-351-026