NOT LISTED FOR SALE

5043 Kings Gate Way Bloomfield Hills, MI 48302

Estimated Value: $826,000 - $936,321

5 Beds
3.5 Baths
3,627 Sq Ft
$245/Sq Ft Est. Value

Last Sold February 28, 2018

Last sale price $490,000 $135 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,302/month

82 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • 2 Car Direct Access Garage
  • Conant Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Bar Fridge

About This Home

As of February 2018

Magnificent updated five bedroom three full and one half bath brick/stone colonial located in the well coveted Wood Lake Hills Subdivision. This lovely home features an updated maple kitchen with premium gourmet cabinets, stainless steel appliances, granite counters, center island overlooking large dining room with fireplace, hardwood floors throughout most of the home, crown moldings, large living room with brick fireplace, spacious bedrooms, including large master suite with fireplace, luxurious master bath and large walk-in closet, mud room off 2 car attached garage, finished lower level with recreation room, gorgeous in-ground pool with professionally landscaped private yard, and Bloomfield Hills schools. A Must See! Exclusions.

Last Agent to Sell the Property

John Apap

@properties Christie's Int'l R.E. Birmingham License #6501293592 Listed on: 11/15/2017

@properties Christie's Int'l R.E. Birmingham

Co-Listed By

Jack Apap

@properties Christie's Int'l R.E. Birmingham License #6501383481

Last Buyer's Agent

Dan Gutfreund

Signature Sotheby's International Realty Bham License #RCO-6501367800

Signature Sotheby's International Realty Bham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1964 | Remodeled in 2007

Lot Details

  • 0.79 Acre Lot
  • Lot Dimensions are 131x175x160x267
  • Fenced

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 3,627 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar Fridge
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Finished Basement

  • Sump Pump
  • Crawl Space

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Patio
  • Exterior Lighting
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1920429003
  • $2,000 Seller Concession

Community Details

Overview

  • Wood Lake Hills Subdivision

Amenities

  • Community Barbecue Grill

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,285

Year Built

Built in 1964 | Remodeled in 2007

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1964
  • Year Renovated: 2007
  • Foundation Features: Sump Pump
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Dining Room, Family Room, Living Room, Primary Bedroom
  • Room Count: 14
  • Total Bedrooms: 5
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove
  • Sq Ft Combined: 4227
  • Sq Ft Lower Floor: 600
  • Total Sq Ft: 3627
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement, Crawl
  • Construction Materials: Brick, Stone
  • Exclusions: Yes
  • Exterior Features: BBQ Grill, Fenced, Lighting, Pool - Inground
  • Foundation Materials: Block
  • Frontage Feet: 131
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), 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 Frequency: Annually
  • Association Fee: 25
  • Association Fee: Yes

Schools

  • School District: Bloomfield Hills

Lot Info

  • Homestead: Yes
  • List Price per Acre: 696075.9494
  • Lot Size Area: 0.79
  • Lot Dimensions: 131x175x160x267
  • Parcel Number: 1920429003

Tax Info

  • Tax Amount Summer: 3653.0000
  • Tax Amount Winter: 3632.0000
  • Total Tax: 7285.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2017
Closed on
Feb 28, 2018
Sold by
Bannasch Jochen
Bought by
Bannasch Jochen and Gomes Gonzalez Corina
Seller's Agent
John Apap
@properties Christie's Int'l R.E. Birmingham
Buyer's Agent
Dan Gutfreund
Signature Sotheby's International Realty Bham
List Price
$549,900
Sold Price
$490,000
Premium/Discount to List
-$59,900
-10.89%
Current Estimated Value
$887,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,580
Avg. Annual Appreciation
7.85%
Original Mortgage
$441,000
Interest Rate
4.04%
Mortgage Type
New Conventional
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
Bannasch Jochen -- None Available
Bannasch Jochen $490,000 Interstate Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bannasch Jochen $122,400
Open Bannasch Jochen $367,200
Closed Bannasch Jochen $441,000
Previous Owner Kleerekoper Michael $284,500
Previous Owner Kleerekoper Michael $299,500
Previous Owner Kleerekoper Michael $100,000
Previous Owner Kleerekoper Michael $457,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2018 02/28/18 Sold $490,000 -10.9% $135 / Sq Ft
02/05/2018 02/05/18 Pending -- -- --
11/15/2017 11/15/17 For Sale $549,900 -- $152 / 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 $5,551 $382,330 $0 $0
2023 $5,372 $316,950 $0 $0
2022 $10,096 $271,480 $0 $0
2021 $10,023 $261,890 $0 $0
2020 $5,042 $265,030 $0 $0
2019 $10,053 $270,180 $0 $0
2018 $7,324 $233,880 $0 $0
2017 $7,272 $221,210 $0 $0
2016 $7,285 $230,590 $0 $0
2015 -- $229,360 $0 $0
2014 -- $203,510 $0 $0
2011 -- $170,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    John Apap

    @properties Christie's Int'l R.E. Birmingham

    (248) 225-9858

    101 in this area

    318 Total Sales

    John Apap
    Section Image
  • Jack Apap

    Seller Co-Listing Agent in 2018

    Jack Apap

    @properties Christie's Int'l R.E. Birmingham

    (248) 818-0668

    75 in this area

    273 Total Sales

    Jack Apap
    Section Image
  • Dan Gutfreund

    Buyer's Agent in 2018

    Dan Gutfreund

    Signature Sotheby's International Realty Bham

    (248) 497-4646

    41 in this area

    251 Total Sales

    Dan Gutfreund
    Section Image
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Map

Source: Realcomp

MLS Number: 217102467

Realcomp

APN: 19-20-429-003

Michigan Oakland County Bloomfield Hills 48302

5043 Kings Gate Way, Bloomfield Hills, MI

This home is located at 5043 Kings Gate Way, Bloomfield Hills, MI 48302 since 15 November 2017 and is currently estimated at $887,580, approximately $244 per square foot. This property was built in 1964. 5043 Kings Gate Way is a home located in Oakland County with nearby schools including Conant Elementary School, South Hills Middle School, and Bloomfield Hills High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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