NOT LISTED FOR SALE

5155 Inkster Rd Bloomfield Hills, MI 48302

Estimated Value: $1,380,000 - $1,589,000

6 Beds
6 Baths
5,218 Sq Ft
$281/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $1,230,000 $236 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $8,946/month

82 Days on Market

Highlights

  • Water Views
  • Beach Access
  • Lake Privileges
  • Wylie E. Groves High School Rated A+
  • Built-In Refrigerator
  • Colonial Architecture

About This Home

As of May 2023

Sitting high upon a hill on an unbelievable 1 acre lot off a private cul-de-sac, this stately residence welcomes you with a grand, stone front patio overlooking All-Sports Walnut Lake. A large, formal entrance showcasing rich hardwoods leads, on one side, to a formal Home Office boasting Vaulted Ceilings, and on the other, an Entertainer’s dream Bar open to a spacious Gathering Area overlooking the wooded, private, peaceful backyard. Gleaming Hardwood Floors continue on into an impressive Formal Dining Room complete with Gas Fireplace and sunny Sitting Room which overlooks the professionally manicured front yard and beyond to the blue waters of Walnut Lake. The Kitchen & Family Room, the heart of the home, will delight you with its Open-Concept living style, soaring Vaulted Ceilings, High-End Appliances (Wolf, Sub-Zero), Granite Countertops, & charming back/servant’s stairs leading to a wonderful, A-Frame, open Loft/Flex Area with new Hardwood Floors. The gracious Primary Suite features a private Sitting Room, Vaulted Ceilings, private Balcony, large Walk-In Closet with Island Dresser, and His/Hers En-Suite Baths with vaulted ceilings and Sky-Light. With 6 Bedrooms, 6 Bathrooms, 2 Laundry Rooms, 3 Fireplaces, Finished Lower-Level with a dedicated storage area and separate Arts/Crafts/Gardening/Painting Studio, and over 6,200sf of total Finished Living Space, there is a Room For Every Purpose, Updates include: 2 brand NEW HVAC systems (2022), Roof (2017), Siding (2018), Exterior Hardy Board (2018), Refinished Hardwood Floors (2019), New Flooring in Lower Level (2018)., Whole House Generator, and 30-Zone Irrigation System.This gorgeous home also has Birmingham Schools! There is nothing to do but Move In and Enjoy the Walnut Lake privileges including: deeded Beach property, boat/beach access, and you can put your name on a waiting list for the Marina. This one Has It All - Your New Home Awaits! 24-Hours Notice to Show. Measurements are approximate. BATVAI

Last Agent to Sell the Property

Lucine Tarman

Home HeadQuarters License #6501369817 Listed on: 01/22/2023

Last Buyer's Agent

Bkfs E6103860

MiRealSource

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1987 | Remodeled in 1993

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 195 x 228 x 191 x 227
  • Wooded Lot

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Block Foundation
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 5,218 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar Fridge
  • Ceiling Fan
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • Water Views
  • Security System Owned
  • Stacked Washer and Dryer

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms
  • Jetted Tub in Primary Bathroom

Finished Basement

  • Walk-Out Basement
  • Natural lighting in basement

Parking

  • 3 Car Direct Access Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Beach Access
  • Lake Privileges
  • Balcony
  • Patio
  • Terrace
  • Exterior Lighting
  • Porch

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1919302014
  • $3,000 Seller Concession

Community Details

Overview

  • Lone Pine Beach Association

Amenities

  • Laundry Facilities

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,216

Year Built

Built in 1987 | Remodeled in 1993

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1987
  • State Equalized Value: 451920.0000
  • Year Renovated: 1993
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier, Jetted Tub, Security Alarm (owned), Water Softener (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Locations: Dining Room, Family Room
  • Room Count: 20
  • Total Bedrooms: 6
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Basement: Yes
  • Basement Type: Daylight, Finished, Interior Entry, Walk-Out Access
  • Kitchen Appliances: Built-In Refrigerator, Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Microwave, Stainless Steel Appliance(s), Washer, Washer/Dryer Stacked, Bar Fridge
  • Sq Ft Combined: 8001
  • Sq Ft Lower Floor: 2783
  • Total Sq Ft: 5218
  • Sq Ft Total Bsmt: 2783

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Walnut Lake
  • Foundation Details: Basement
  • Construction Materials: Stone, Wood
  • Exterior Features: Lighting
  • Foundation Materials: Block, Poured
  • Frontage Feet: 195
  • Porch Type: Balcony, Patio, Porch, Terrace
  • Road Frontage Type: Paved
  • Waterfront Description: Beach Access, Lake Privileges

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Heated, Attached, Basement Access
  • 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: Well (Existing)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: https://l.facebook.com/l.php?u=http%3A%2F%2Flpabea
  • Association Fee: 250
  • Association Contact: Lone Pine Beach Association
  • Association Fee: Yes

Schools

  • School District: Birmingham

Lot Info

  • Homestead: Yes
  • Lot Features: Wooded, Water View
  • Lot Size Area: 1.01
  • Lot Dimensions: 195 x 228 x 191 x 227
  • Parcel Number: 1919302014

Tax Info

  • Tax Amount Summer: 9447.0000
  • Tax Amount Winter: 7769.2200
  • Total Tax: 17216.0000
  • Taxable Value: 451920.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2023
Closed on
May 24, 2023
Sold by
Gable Jonathan B
Bought by
Xie Luo and Cao Yizhon
Seller's Agent
Lucine Tarman
Home HeadQuarters
Buyer's Agent
Bkfs E6103860
MiRealSource
List Price
$1,399,900
Sold Price
$1,230,000
Premium/Discount to List
-$169,900
-12.14%
Total Days on Market
82
Views
213
Current Estimated Value
$1,463,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,860
Avg. Annual Appreciation
7.74%
Original Mortgage
$726,200
Outstanding Balance
$707,687
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$746,954

Purchase Details

Closed on
Dec 14, 2017
Sold by
Gable Jonathan B and Gable Kelly
Bought by
Gable Jonathan B

Purchase Details

Listed on
Mar 9, 2015
Closed on
Nov 25, 2015
Sold by
Wathen David M and Watnen Laurene A
Bought by
Gable Jonathan B and Gable Kelly
Seller's Agent
Gregory Johnston
Temporary Inactive Users
Buyer's Agent
Jay Tate Jr
Woodward Realty LLC
List Price
$1,125,000
Sold Price
$850,000
Premium/Discount to List
-$275,000
-24.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$680,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 22, 2010
Sold by
Wathen David M
Bought by
Wathen David M and Wathen Laurene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2002
Sold by
Kathryn G Wathen Tr
Bought by
Wathen David M

Purchase Details

Closed on
Nov 15, 1997
Sold by
Wathe David M
Bought by
Kathryn G Wathen Tr
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
Xie Luo $1,230,000 Clientfirst Title
Gable Jonathan B -- None Available
Gable Jonathan B -- None Available
Wathen David M -- None Available
Wathen David M -- --
Kathryn G Wathen Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luo Xie $240,000
Open Luo Xie $726,200
Previous Owner Gable Jonathan B $291,978
Previous Owner Gable Jonathan B $150,000
Previous Owner Gable Jonathan B $296,000
Previous Owner Gable Jonathan B $109,600
Previous Owner Gable Jonathan B $680,000
Previous Owner Wathen Laurene A $509,316
Previous Owner Wathen Laurene A $566,000
Previous Owner Wathen David M $479,000
Previous Owner Wathen David M $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Sold $1,230,000 -12.1% $236 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
01/22/2023 01/22/23 For Sale $1,399,900 +64.7% $268 / Sq Ft
11/25/2015 11/25/15 Sold $850,000 -24.4% $163 / Sq Ft
10/15/2015 10/15/15 Pending -- -- --
03/09/2015 03/09/15 For Sale $1,125,000 -- $216 / 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 $11,383 $547,410 $0 $0
2023 $9,943 $502,300 $0 $0
2022 $16,830 $451,920 $0 $0
2021 $17,701 $459,610 $0 $0
2020 $9,962 $450,030 $0 $0
2019 $18,655 $466,210 $0 $0
2018 $18,925 $468,800 $0 $0
2017 $19,130 $455,800 $0 $0
2016 $22,440 $530,580 $0 $0
2015 -- $464,780 $0 $0
2014 -- $448,220 $0 $0
2011 -- $342,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230004582

Realcomp

APN: 19-19-302-014