NOT LISTED FOR SALE

5180 Franklin Rd Bloomfield Hills, MI 48302

Estimated Value: $925,000 - $2,922,000

3 Beds
2 Baths
1,250 Sq Ft
$1,757/Sq Ft Est. Value

Last Sold July 21, 2015

Last sale price $510,000 $408 Per Sq Ft

Est. 331% increase in value since last sale

Current estimated payment $13,920/month

153 Days on Market

Highlights

  • 1.31 Acre Lot
  • Lake Privileges
  • Ranch Style House
  • Conant Elementary School Rated A
  • Wooded Lot
  • No HOA

About This Home

As of July 2015

BEAUTIFUL BRICK RANCH LOCATED ON A ~1.31 ACRE WOODED HILLY-RAVINE LOT IN BLOOMFIELD TWP. HOME FEATURES APPROX. 1250 SQFT, UPDATED KITCHEN, HARDWOOD FLOORS T/O MOST OF THE HOME INCLUDING ALL BEDROOMS, LARGE LIVING ROOM WITH FIREPLACE, AND WALLS OF WINDOWS WITH TONS OF NATURAL LIGHT, PARTIALLY FINISHED WALK OUT LOWER LEVEL OVERLOOKING SERENE BACK YARD. ALL SPORTS WALNUT LAKE PRIVILEGES. BLOOMFIELD HILLS SCHOOLS. SEE MLS#215011958 FOR VACANT LAND LISTING WHICH WOULD HAVE A CLARENDON CREST ADDRESS IF THE HOME IS DEMOLISHED AND THE NEW HOME FACES CLARENDON CREST. I.D.R.B.N.G. BUYER'S AGENT TO VERIFY ALL INFORMATION. ALL MEASUREMENT APPROX.

Last Agent to Sell the Property

Tushar Vakhariya

KW Domain License #6501279268 Listed on: 02/10/2015

KW Domain

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1954

Lot Details

  • 1.31 Acre Lot
  • Lot Dimensions are 230x137x246x323
  • Wooded Lot

Home Design

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

Interior Spaces

  • 1,250 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Partially Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Lake Privileges
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1919428002

Community Details

Overview

  • No Home Owners Association
  • Lone Pine Ridge Sub Subdivision
  • Swim Association
  • Property is near a ravine

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,979

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished, Walkout Access
  • Kitchen Appliances: Dryer, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1925
  • Sq Ft Lower Floor: 675
  • Total Sq Ft: 1250
  • Sq Ft Total Bsmt: 1125

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: WALNUT LAKE
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 230
  • Porch Type: Patio
  • Road Frontage Type: Paved
  • Waterfront Description: Lake/River Priv

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • 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: No

Schools

  • School District: Bloomfield Hills

Lot Info

  • List Price per Acre: 419770.9924
  • Lot Features: Hilly-Ravine, Wooded
  • Lot Size Area: 1.31
  • Lot Dimensions: 230X137X246X323
  • Parcel Number: 1919428002

Tax Info

  • Tax Amount Summer: 2435.0000
  • Tax Amount Winter: 2544.0000
  • Total Tax: 4979.0000

Multi Family

  • Waterfront Features: All Sports Lake, Swim Association

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2015
Closed on
Jul 21, 2015
Sold by
Basmajian Shakeh
Bought by
Yonan John and Yonan Carmen
Seller's Agent
Tushar Vakhariya
KW Domain
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$549,900
Sold Price
$510,000
Premium/Discount to List
-$39,900
-7.26%
Current Estimated Value
$2,196,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,686,241
Avg. Annual Appreciation
15.82%
Original Mortgage
$384,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 11, 2006
Sold by
Basmajian George and Basmajian Shakeh
Bought by
Basmajian Choughik Hourig

Purchase Details

Closed on
Aug 31, 2004
Sold by
Stephenson Jacqueline A and Elizabeth F Loprete Revocable
Bought by
Basmajian George and Basmajian Shakeh
Source: Public Records

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Range of Values:

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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
Yonan John $510,000 First American Title Ins Co
Basmajian Choughik Hourig -- None Available
Basmajian George $425,000 Devon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yonan John $750,000
Open Yonan John $1,945,500
Closed Yonan John $1,477,000
Closed Yonan John $384,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2015 07/21/15 Sold $510,000 -7.3% $408 / Sq Ft
07/13/2015 07/13/15 Pending -- -- --
02/10/2015 02/10/15 For Sale $549,900 0.0% $440 / Sq Ft
02/27/2014 02/27/14 Rented $1,450 +3.6% --
02/27/2014 02/27/14 Under Contract -- -- --
01/08/2014 01/08/14 For Rent $1,400 -1.8% --
10/19/2012 10/19/12 Rented $1,425 +1.8% --
10/19/2012 10/19/12 Under Contract -- -- --
10/09/2012 10/09/12 For Rent $1,400 -- --
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 $20,781 $892,710 $0 $0
2023 $14,432 $618,370 $0 $0
2022 $18,742 $398,560 $0 $0
2021 $10,380 $239,180 $0 $0
2020 $3,748 $175,990 $0 $0
2019 $4,544 $122,130 $0 $0
2018 $4,838 $127,040 $0 $0
2017 $4,803 $124,060 $0 $0
2016 $5,226 $122,700 $0 $0
2015 -- $108,190 $0 $0
2014 -- $103,480 $0 $0
2011 -- $99,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215010575

Realcomp

APN: 19-19-428-002