NOT LISTED FOR SALE

5050 Ponvalley Rd Bloomfield Hills, MI 48302

Estimated Value: $1,001,000 - $1,146,000

1.84 Acres
$586,366 Price per Acre
80,150 Sq Ft Lot

Last Sold March 18, 2024

Last sale price $985,000 $374 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,180/month

53 Days on Market

About This Lot

As of March 2024

This highly sought after Estate sized lot boasts 1.84 acres located in the prestigious residences of Bloomfield Township. Surrounded by Multi-Million Dollar Renovations and New Custom-Built Homes. This property is ready for a new dream build! Situated across the way you will find the stunning architectural wonder of The Frank Lloyd Wright House, beyond that you will find water views. Property also comes with privileges to Gilbert Lake! The landscape of this property provides endless opportunities to suit your needs and lifestyle. This lot is considered the pinnacle of this timeless neighborhood, due to its private driveway leading directly to Lone Pine Road. Exceptionally located just an 8 minute drive to Downtown Birmingham. Close to excellent shopping, restaurants, and highly acclaimed Birmingham and Bloomfield Hills schools. This is the most prestigious and serene property in Bloomfield, don't let your dream home pass you by.

Last Agent to Sell the Property

Stefano Terracciano

Arterra Realty Michigan LLC License #6501401581 Listed on: 01/22/2024

Arterra Realty Michigan LLC

Last Buyer's Agent

Stefano Terracciano

Arterra Realty Michigan LLC License #6501401581 Listed on: 01/22/2024

Arterra Realty Michigan LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,507

Lot Details

  • 1.84 Acre Lot
  • Lot Dimensions are 225x321x300x256

Utilities

  • Septic Tank

Community Details

  • Lone Pine Road Estates Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$10,507

Lot Details

0

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 225x321x300x256
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 10507.0
  • Tax Info:Zoning3: Residential
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • General Property Info:Property Sub-Type2: Lot
  • Utilities Attached:Septic: Yes
  • Location Property Info:Subdivision2: LONE PINE ROAD ESTATES
  • Utilities Attached:Public Water2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 1149000.0
  • Lot Features: High Bank
  • Road Surface Type: Paved
  • Waterfront: No

Utilities

  • Utilities: Septic Connected, Public Water Connected, Public Water Available, Public Sewer Available

Lot Info

  • Lot Size Acres: 1.84
  • Lot Size Area: 1.84
  • Lot Dimensions: 225x321x300x256
  • Lot Size Sq Ft: 80150.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10507.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
Mar 18, 2024
Sold by
Scobel Gordon E and Scobel Marily N
Bought by
Sandler Greg
Seller's Agent
Stefano Terracciano
Arterra Realty Michigan LLC
Buyer's Agent
Stefano Terracciano
Arterra Realty Michigan LLC
List Price
$1,149,000
Sold Price
$985,000
Premium/Discount to List
-$164,000
-14.27%
Views
46
Current Estimated Value
$1,078,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,913
Avg. Annual Appreciation
5.57%

Purchase Details

Closed on
Aug 24, 2016
Sold by
Scobel Gordon and Scobel Marilyn
Bought by
Scobel Gordon E and Scobel Marilyn N
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sandler Greg $985,000 Sterling Title Agency
Scobel Gordon E -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2024 03/18/24 Sold $985,000 -14.3% $374 / Sq Ft
01/22/2024 01/22/24 For Sale $1,149,000 -- $437 / Sq Ft
Source: MichRIC

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 $5,778 $443,830 $0 $0
2023 $5,591 $408,540 $0 $0
2022 $10,507 $400,330 $0 $0
2021 $10,435 $387,520 $0 $0
2020 $5,114 $343,930 $0 $0
2019 $9,816 $355,310 $0 $0
2018 $9,861 $331,920 $0 $0
2017 $9,793 $309,860 $0 $0
2016 $9,809 $289,190 $0 $0
2015 -- $301,430 $0 $0
2014 -- $316,360 $0 $0
2011 -- $229,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stefano Terracciano

    Seller's Agent in 2024

    Stefano Terracciano

    Arterra Realty Michigan LLC

    (248) 925-7129

    1 in this area

    23 Total Sales

    Stefano Terracciano
    Section Image

  • D

    Buyer Co-Listing Agent in 2024

    Dante Terracciano

    Arterra Realty Michigan LLC

    Section Image
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Map

Source: MichRIC

MLS Number: 24004262

MichRIC

APN: 19-21-402-011

Michigan Oakland County Bloomfield Hills 48302

5050 Ponvalley Rd, Bloomfield Hills, MI

Not Listed for Sale

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MichRIC Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.

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