NOT LISTED FOR SALE

5061 Middlebelt Rd West Bloomfield, MI 48323

Estimated Value: $3,506,000 - $3,973,000

6 Beds
8 Baths
6,323 Sq Ft
$602/Sq Ft Est. Value

Last Sold October 04, 2023

Last sale price $3,650,000 $577 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $25,108/month

15 Days on Market

Highlights

  • 126 Feet of Waterfront
  • Spa
  • 2.09 Acre Lot
  • Wylie E. Groves High School Rated A+
  • Built-In Refrigerator
  • Contemporary Architecture

About This Home

As of October 2023

This exceptional property situated on all sports, Walnut Lake is not to be missed. As you step inside, the elegance unfolds with marble flooring, exquisite chandeliers, and impeccable details seamlessly woven throughout. The foyer, a perfect introduction, is flanked by an office and a spacious first-floor primary suite boasting stunning views and a private balcony. The luxurious primary bath showcases a jetted tub, Euro glass shower, a generous vanity, and walk-in closet. Great room is adorned with floor-to-ceiling windows and a meticulously detailed mantel under a tray ceiling. Adjacent, you'll find the dining room, sitting area, and a breakfast nook complete with a fireplace, all adjoining the kitchen which features a prep island with barstool seating and a pantry for your convenience. The second floor accommodates three ensuites, each with ample closets. The walkout basement unveils a second kitchen, a dining area, recreational space, family room, and two bonus rooms connected by a shared full bath. You'll also discover a second laundry room, a third mini kitchen, and even a sauna. Completing the picture, the terrace, three-car garage, and expansive backyard add the final strokes of brilliance to this remarkable home.

Last Agent to Sell the Property

Katherine Broock

Max Broock, REALTORS®-Birmingham License #6501240456 Listed on: 08/28/2023

Max Broock, REALTORS®-Birmingham

Last Buyer's Agent

Jason Dabish

Max Broock Realtors License #6501376041

Max Broock Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1999

Lot Details

  • 2.09 Acre Lot
  • Lot Dimensions are 83x867x126x906
  • 126 Feet of Waterfront
  • Lake Front

Parking

  • 3 Car Attached Garage

Home Design

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

Interior Spaces

  • 6,323 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Sound System
  • Ceiling Fan
  • Great Room with Fireplace
  • Finished Basement
  • Walk-Out Basement
  • Security System Owned

Kitchen

  • Double Oven
  • Built-In Gas Range
  • Range Hood
  • Warming Drawer
  • Microwave
  • Built-In Refrigerator
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Balcony
  • Patio
  • Terrace

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 1824351029

Community Details

Overview

  • No Home Owners Association
  • Walnut Lake Estates Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,180

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Year Built: 1999
  • State Equalized Value: 1639920.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarm, Central Vacuum, High Spd Internet Avail, Jetted Tub, Programmable Thermostat, Security Alarm (owned), Sound System, Spa/Hot-tub, Wet Bar
  • Fireplace: Yes
  • Fireplace Locations: Great Room
  • Room Count: 25
  • Total Bedrooms: 6
  • Total Bathrooms: 6.20
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Dryer, Ice Maker, Microwave, Range Hood, Trash Compactor, Warming Drawer, Washer
  • Sq Ft Combined: 10222
  • Sq Ft Lower Floor: 3899
  • Total Sq Ft: 6323
  • Sq Ft Total Bsmt: 3899

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Walnut Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exclusions: Yes
  • Foundation Materials: Poured
  • Frontage Feet: 83
  • Porch Type: Balcony, Patio, Terrace
  • Road Frontage Type: Paved
  • Water Frontage Feet: 126.00
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Electricity, Attached
  • 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: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Birmingham

Lot Info

  • Homestead: Yes
  • Lot Size Area: 2.09
  • Lot Dimensions: 83x867x126x906
  • Parcel Number: 1824351029

Tax Info

  • Tax Amount Summer: 30716.0000
  • Tax Amount Winter: 23464.0000
  • Total Tax: 54180.0000
  • Taxable Value: 1469310.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2023
Closed on
Oct 4, 2023
Sold by
Jain Bhavna
Bought by
Shayota Sarmad
Seller's Agent
Katherine Broock
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Jason Dabish
Max Broock Realtors
List Price
$3,690,000
Sold Price
$3,650,000
Premium/Discount to List
-$40,000
-1.08%
Views
54
Current Estimated Value
$3,804,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,000
Avg. Annual Appreciation
-2.21%
Original Mortgage
$2,346,250
Outstanding Balance
$2,297,249
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$1,210,109

Purchase Details

Closed on
Aug 17, 2012
Sold by
Jain Jitender K and Jain Bhavna
Bought by
Jain Bhavna

Purchase Details

Closed on
Jul 20, 1995
Sold by
Patricia Mahajan Trust
Bought by
Jain Jitender and Jain Bhavna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 1994
Sold by
Salkowski Gerry M
Bought by
Mahajan Sudesh K and Mahajan Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Shayota Sarmad $3,650,000 None Listed On Document
Jain Bhavna -- None Available
Jain Jitender $815,000 --
Mahajan Sudesh K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shayota Sarmad $2,346,250
Previous Owner Jain Jitender K $1,570,000
Previous Owner Jain Jitender K $992,000
Previous Owner Jain Jitender $650,000
Previous Owner Mahajan Sudesh K $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2023 10/04/23 Sold $3,650,000 -1.1% $577 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
08/28/2023 08/28/23 For Sale $3,690,000 -- $584 / 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 $49,197 $1,796,080 $0 $0
2022 $32,327 $1,639,920 $604,500 $1,035,420
2021 $54,541 $1,491,470 $0 $0
2020 $31,281 $1,673,420 $604,500 $1,068,920
2018 $53,786 $1,615,230 $551,630 $1,063,600
2015 -- $1,685,530 $0 $0
2014 -- $1,425,780 $0 $0
2011 -- $1,207,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230069375

Realcomp

APN: 18-24-351-029