NOT LISTED FOR SALE

523 Cambridge Way Unit BP555 Bloomfield Hills, MI 48304

Estimated Value: $703,627 - $730,000

2 Beds
3 Baths
1,952 Sq Ft
$502/mo HOA Fee

Last Sold May 13, 2022

Last sale price $630,000 $323 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,956/month

16 Days on Market

Highlights

  • On Golf Course
  • Outdoor Pool
  • Deck
  • Eastover Elementary School Rated A
  • Clubhouse
  • Ranch Style House

About This Home

As of May 2022

Desirable Heathers Community with this rare "Carlton" end-unit ranch condo. The condo features a light-filled island Kitchen with large Breakfast nook, Dining room and Great room overlooking the 8th fairway, a large Guest bedroom and generous Master Suite (also overlooking course) the with large walk-in closets, spacious bath with double sinks, separate jetted tub and shower. The finished lower level is ideal for entertaining with a lovely wet bar (ice maker and wine refrigerator), a full bathroom and bedroom/den and plenty of built-ins. There is ample storage with custom shelving and walk-in cedar closet. Updated mechanicals. Start enjoying The Heathers great lifestyle amenities of golf, swimming and tennis. Social/Dining memberships also available.

Last Listed By

Daniel Teahan

The Agency Hall & Hunter License #6501291015 Listed on: 04/01/2022

The Agency Hall & Hunter

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1992 | Remodeled in 2005

Lot Details

  • On Golf Course
  • Private Entrance

HOA Fees

  • $502 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,952 Sq Ft Home
  • Wet Bar
  • Bar Fridge
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Security System Owned
  • Finished Basement

Kitchen

  • Built-In Electric Oven
  • Electric Cooktop
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Deck
  • Covered patio or porch
  • Exterior Lighting

Utilities

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

Additional Features

  • Air Purifier
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 1902478058

Community Details

Overview

  • Www.Mcshanemanagement.Com Association, Phone Number (248) 855-6492
  • Cambridge Village Occpn 535 Subdivision
  • Swim Association
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,698

Year Built

Built in 1992 | Remodeled in 2005

Lot Details

0

HOA Fees

$502 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Ranch
  • Architecture Level: 1 Story Ground
  • Year Built: 1992
  • State Equalized Value: 248140.0000
  • Year Renovated: 2005
  • Accessibility Features: Other Accessibility Features
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Air Purifier, Humidifier, Programmable Thermostat, Security Alarm (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 12
  • Total Bedrooms: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Finished, Private
  • Kitchen Appliances: Built-In Electric Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Exhaust Fan, Free-Standing Refrigerator, Microwave, Range Hood, Washer, Wine Refrigerator, Bar Fridge
  • Sq Ft Combined: 3352
  • Sq Ft Lower Floor: 1400
  • Total Sq Ft: 1952
  • Sq Ft Total Bsmt: 1944

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Cedar
  • Exterior Features: Club House, Grounds Maintenance, Lighting, Private Entry, Pool – Community
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered, Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Electricity, Door Opener, 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)

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Insurance, Maintenance Structure, Maintenance Grounds
  • Association Fee Frequency: Monthly
  • Phone: 2488556492
  • Association Fee: 502
  • Association Contact: www.mcshanemanagement.com
  • Association Fee: Yes

Schools

  • School District: Bloomfield Hills

Lot Info

  • Homestead: Yes
  • Lot Features: Golf Community, On Golf Course (Golf Frontage)
  • Parcel Number: 1902478058

Tax Info

  • Tax Amount Summer: 3430.0000
  • Tax Amount Winter: 3268.0000
  • Total Tax: 6698.0000
  • Taxable Value: 175020.0000

Multi Family

  • Waterfront Features: Swim Association

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
May 13, 2022
Sold by
Hershey David E and Revo Sally
Bought by
Kim Young K and Kim Young S
Seller's Agent
Daniel Teahan
The Agency Hall & Hunter
Buyer's Agent
Jong Lee
Crown Properties International
List Price
$674,900
Sold Price
$630,000
Premium/Discount to List
-$44,900
-6.65%
Total Days on Market
16
Current Estimated Value
$720,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,657
Avg. Annual Appreciation
2.61%

Purchase Details

Closed on
Feb 17, 2011
Sold by
Hershey David E and Hershey Sally W
Bought by
Hershey David E and Hershey Sally W

Purchase Details

Closed on
Jun 6, 2005
Sold by
Cook Linda J
Bought by
Hershey David E and Hershey Sally W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.37%
Mortgage Type
Fannie Mae Freddie Mac

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
Kim Young K $630,000 None Listed On Document
Hershey David E -- None Available
Hershey David E $440,000 Capital Title Ins Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hershey David E $191,300
Previous Owner Hershey David E $200,500
Previous Owner Hershey David E $200,000
Previous Owner Hershey David E $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $630,000 -6.7% $323 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $674,900 -- $346 / 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 $5,509 $327,170 $0 $0
2023 $5,331 $281,870 $0 $0
2022 $6,747 $250,280 $0 $0
2021 $6,699 $248,140 $0 $0
2020 $3,284 $239,250 $0 $0
2019 $6,303 $240,340 $0 $0
2018 $6,332 $236,180 $0 $0
2017 $6,287 $230,730 $0 $0
2016 $6,299 $220,870 $0 $0
2015 -- $208,300 $0 $0
2014 -- $191,340 $0 $0
2011 -- $154,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Realcomp

MLS Number: 2220022457

Realcomp

APN: 19-02-478-058