NOT LISTED FOR SALE

5123 Woodlands Dr Bloomfield Hills, MI 48302

Estimated Value: $478,000 - $494,000

2 Beds
2 Baths
1,962 Sq Ft
$600/mo HOA Fee

Last Sold April 29, 2022

Last sale price $435,000 $222 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,503/month

120 Days on Market

Highlights

  • Outdoor Pool
  • Built-In Refrigerator
  • Deck
  • South Hills Middle School Rated A
  • Clubhouse
  • Ranch Style House

About This Home

As of April 2022

Must see this beautiful end-unit condo in the prestigious Woodlands Estates on Gilbert Lake. This high end gated community offers tennis courts, pool, club house, and 24hour attended security gate. Move-in ready with recent top of the line renovation in 2020. This 2 bed, 2 full bath, 1,962 sqft condo is a rare find in today's market. Quality touches throughout the home from the flawless oak hardwood floors, Built-in GE Monogram refrigerator, to the OVE toilets. Spacious layout with a large office and desirable master closet. The vaulted ceiling great room is filled with natural light. Two-door walls on each side of the fireplace lead you to the deck. 1,962 sqft basement has high ceilings, open layout, plumbed for additional bathroom, and has been recently completely waterproofed. 2 car attached garage with built-in cabinets, refrigerator, and easy access into the home. Renown Bloomfield Hills School District. Ideal location for everything Metro Detroit has to offer.

Last Agent to Sell the Property

Mark Warren

KW Realty Livingston License #6501383604 Listed on: 12/28/2021

KW Realty Livingston

Last Buyer's Agent

Iden Kalabat

Realty 2000 License #RCO-6501396372

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1978 | Remodeled in 2021

Lot Details

  • Gated Home
  • Sprinkler System

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,962 Sq Ft Home
  • Wet Bar
  • Gas Fireplace
  • Living Room with Fireplace
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Built-In Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Deck
  • Exterior Lighting
  • Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1921351038

Community Details

Overview

  • Robert Schuman Association, Phone Number (248) 745-7100
  • Woodlands On Gilbert Lake Occpn 190 Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,451

Year Built

Built in 1978 | Remodeled in 2021

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Ranch
  • Architecture Level: 1 Story Ground
  • Year Built: 1978
  • State Equalized Value: 203100.0000
  • Year Renovated: 2021
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 9
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Built-In Refrigerator, Dishwasher, Disposal, Dryer, Electric Cooktop, Self Cleaning Oven, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 1962
  • Total Sq Ft: 1962
  • Sq Ft Total Bsmt: 1962

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Exterior Features: Tennis Court, Club House, Gate House, Lighting, Pool – Community
  • Foundation Materials: Poured
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Grounds, Trash
  • Association Fee Frequency: Monthly
  • Phone: 2487457100
  • Association Fee: 600
  • Association Contact: Robert Schuman
  • Association Fee: Yes

Schools

  • School District: Bloomfield Hills

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s)
  • Parcel Number: 1921351038

Tax Info

  • Tax Amount Summer: 3980.0000
  • Tax Amount Winter: 1471.0000
  • Total Tax: 5451.0000
  • Taxable Value: 203100.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Sep 3, 2020
Sold by
Howard Jeffrey L and Milton M Howard Trust
Bought by
Khambati Fakhruddin and Fakhruddin Khambati Living Tru
Seller's Agent
Cindy Obron Kahn
The Agency Hall & Hunter
Buyer's Agent
Cindy Obron Kahn
The Agency Hall & Hunter
List Price
$329,000
Sold Price
$310,000
Premium/Discount to List
-$19,000
-5.78%
Current Estimated Value
$466,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,540
Avg. Annual Appreciation
8.22%

Purchase Details

Closed on
Mar 13, 2009
Sold by
Howard Raquel G
Bought by
Howard Raquel G and Howard Milton M

Purchase Details

Closed on
Apr 26, 2002
Sold by
Fakhruddin Khambati Living Trust
Bought by
Binno Konnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,121
Interest Rate
4.67%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 1996
Sold by
Howard Milton M
Bought by
Howard Raquel G
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
Khambati Fakhruddin $310,000 None Available
Howard Raquel G -- None Available
Binno Konnie $435,000 None Listed On Document
Howard Raquel G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Binno Konnie $427,121
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $435,000 -3.3% $222 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
12/28/2021 12/28/21 For Sale $450,000 +45.2% $229 / Sq Ft
09/03/2020 09/03/20 Sold $310,000 -5.8% $158 / Sq Ft
08/22/2020 08/22/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $329,000 -- $168 / 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 $3,923 $210,750 $0 $0
2023 $3,882 $205,240 $0 $0
2022 $7,829 $219,910 $0 $0
2021 $7,773 $203,100 $0 $0
2020 $1,398 $191,260 $0 $0
2019 $2,717 $175,540 $0 $0
2018 $2,665 $154,340 $0 $0
2017 $2,623 $150,520 $0 $0
2016 $2,615 $143,710 $0 $0
2015 -- $120,960 $0 $0
2014 -- $90,620 $0 $0
2011 -- $48,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210102400

Realcomp

APN: 19-21-351-038