NOT LISTED FOR SALE

5228 Kings Gate Way Bloomfield Hills, MI 48302

Estimated Value: $761,000 - $884,000

5 Beds
5 Baths
3,524 Sq Ft
$234/Sq Ft Est. Value

Last Sold January 20, 2020

Last sale price $487,500 $138 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,753/month

57 Days on Market

Highlights

  • Private Waterfront
  • Dock Facilities
  • Colonial Architecture
  • Conant Elementary School Rated A
  • Lake Privileges
  • Deck

About This Home

As of January 2020

Private Lake Frontage - Immaculate Mid Century Beauty - 5 Bedroom - 4.1 Baths - Open Floor Plan - Breakfast Nook - Hardwood Floors - Quiet Cul De Sac With No Through Traffic - Tranquil Lake Frontage - Finished Lower Level With Walkout - Wet Bar - First Floor Laundry - In Law Suite Option - Field Stone Gas Fireplace - Professionally Landscaped Property - Low Maintenance Perennials - Circle Drive - Amazing Lakefront Location - Beautiful Serene View - Walk-able
To Elementary & Middle School - Award Winning Bloomfield Hills School District - Minutes From Birmingham - Nearby Shops, Restaurants, Fitness and Entertainment - Vacation-like Setting - Also Available For Lease at $3,300 Month BATVAI

Last Agent to Sell the Property

Jodee Gibson

Good Company License #6502394804 Listed on: 11/20/2019

Good Company

Co-Listed By

Heather Dell

RE/MAX Leading Edge License #6501269116

Last Buyer's Agent

Linda Novak

Max Broock, REALTORS®-Birmingham License #6505307912

Max Broock, REALTORS®-Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1969

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 123 x 132 x 200 x 190
  • Private Waterfront
  • 190 Feet of Waterfront
  • Lake Front
  • Irregular Lot
  • Sprinkler System
  • Wooded Lot

Home Design

  • Colonial Architecture
  • Split Level Home
  • Quad-Level Property
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Chimney Cap

Interior Spaces

  • 3,524 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Water Views

Kitchen

  • Free-Standing Electric Oven
  • Electric Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Interior Basement Entry
  • Sump Pump

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Dock Facilities
  • Lake Privileges
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Breezeway

Location

  • Ground Level Unit

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1920477006

Community Details

Overview

  • No Home Owners Association
  • Wood Lake Hills Subdivision

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,427

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial, Split Level
  • Architecture Level: Quad-Level
  • Year Built: 1969
  • State Equalized Value: 250210.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Total Bedrooms: 5
  • Total Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access)
  • Kitchen Appliances: Electric Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Free-Standing Electric Oven, Free-Standing Refrigerator, Trash Compactor, Washer
  • Total Sq Ft: 3524

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Crescent Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Construction Features: Platted Sub.
  • Exterior Features: BBQ Grill, Chimney Cap(s), Lighting
  • Foundation Materials: Poured
  • Porch Type: Balcony, Breezeway, Deck, Patio, Porch - Covered
  • Road Frontage Type: Paved
  • Sideof Street: W
  • Water Frontage Feet: 190.00
  • Waterfront Description: Direct Water Frontage, Lake Front, Lake Privileges, Private Water Frontage, Lake/River Priv

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity, Side Entrance
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Zoned
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Electric
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 826612.9032
  • Lot Features: Irregular, Water View, Sprinkler(s), Wooded
  • Lot Size Area: 0.62
  • Lot Dimensions: 123 x 132 x 200 x 190
  • Parcel Number: 1920477006

Rental Info

  • Deposit Amount: 54500.00

Tax Info

  • Tax Amount Summer: 4814.0000
  • Tax Amount Winter: 4613.0000
  • Total Tax: 9427.0000
  • Taxable Value: 195470.0000

Multi Family

  • Waterfront Features: Dock Facilities

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2023
Sold by
Hall Derrick Jeremy
Bought by
Hall Derrick Jeremy and Hall Angel M
Current Estimated Value
$823,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$774,000
Outstanding Balance
$759,747
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$63,342

Purchase Details

Closed on
Aug 8, 2023
Sold by
Hacker Ray W and Hacker Anita V
Bought by
Hall Derrick Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$774,000
Outstanding Balance
$759,747
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$63,342

Purchase Details

Listed on
Nov 20, 2019
Closed on
Jan 20, 2020
Sold by
Hacker Ray W and Hacker Antia V
Bought by
Hall Derrick
Seller's Agent
Jodee Gibson
Good Company
Buyer's Agent
Linda Novak
Max Broock, REALTORS®-Birmingham
List Price
$545,000
Sold Price
$487,500
Premium/Discount to List
-$57,500
-10.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.38%
Original Mortgage
$453,375
Interest Rate
6.5%
Mortgage Type
Land Contract Argmt. Of Sale
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
Hall Derrick Jeremy -- Vanguard Title
Hall Derrick Jeremy $487,500 Vanguard Title
Hall Derrick $487,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Derrick Jeremy $774,000
Previous Owner Hall Derrick $453,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2020 01/20/20 Sold $487,500 -4.9% $138 / Sq Ft
12/16/2019 12/16/19 Price Changed $512,500 -6.0% $145 / Sq Ft
11/20/2019 11/20/19 For Sale $545,000 0.0% $155 / Sq Ft
09/07/2016 09/07/16 Rented $3,300 0.0% --
08/29/2016 08/29/16 Under Contract -- -- --
08/18/2016 08/18/16 Price Changed $3,300 -5.7% $1 / Sq Ft
07/28/2016 07/28/16 For Rent $3,500 +12.9% --
06/29/2012 06/29/12 Rented $3,100 +3.3% --
06/15/2012 06/15/12 Under Contract -- -- --
05/03/2012 05/03/12 For Rent $3,000 -- --
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 $4,977 $288,300 $0 $0
2023 $4,817 $269,780 $0 $0
2022 $9,052 $242,560 $0 $0
2021 $9,332 $243,830 $0 $0
2020 $3,789 $261,620 $0 $0
2019 $9,509 $250,210 $0 $0
2018 $9,323 $240,320 $0 $0
2017 $9,178 $231,620 $0 $0
2016 $9,149 $217,050 $0 $0
2015 -- $212,060 $0 $0
2014 -- $207,290 $0 $0
2011 -- $168,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jodee Gibson

    Good Company

    Section Image
  • Heather Dell

    Seller Co-Listing Agent in 2020

    Heather Dell

    RE/MAX of Southeast Michigan

    (248) 464-1116

    139 Total Sales

    Heather Dell
    Section Image
  • Linda Novak

    Buyer's Agent in 2020

    Linda Novak

    Max Broock, REALTORS®-Birmingham

    (248) 408-7811

    7 in this area

    81 Total Sales

    Linda Novak
    Section Image

  • J

    Seller's Agent in 2016

    John Apap

    @properties Christie's Int'l R.E. Birmingham

    (248) 225-9858

    97 in this area

    308 Total Sales

    John Apap
    Section Image

  • B

    Seller Co-Listing Agent in 2016

    Bridget Apap

    @properties Christie's Int'l R.E. Birmingham

    Section Image
  • Tricia Raymond

    Buyer's Agent in 2016

    Tricia Raymond

    Keller Williams Somerset

    (248) 229-8859

    2 in this area

    79 Total Sales

    Tricia Raymond
    Section Image
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Map

Source: Realcomp

MLS Number: 219122851

Realcomp

APN: 19-20-477-006

Michigan Oakland County Bloomfield Hills 48302

5228 Kings Gate Way, Bloomfield Hills, MI

Not Listed for Sale

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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