NOT LISTED FOR SALE

5240 Wing Lake Rd Bloomfield Hills, MI 48302

Estimated Value: $699,000 - $1,918,975

4 Beds
2.5 Baths
2,164 Sq Ft
$677/Sq Ft Est. Value

Last Sold February 08, 2013

Last sale price $481,000 $222 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $8,811/month

2 Days on Market

Highlights

  • Lake Front
  • 1.39 Acre Lot
  • No HOA
  • Conant Elementary School Rated A
  • Colonial Architecture
  • Balcony

About This Home

As of February 2013

Mid Century colonial on 1.39 partially wooded, private lot with almost 140 FT of LAKE FRONTAGE on beautiful, serene CHALMERS LAKE. Home is set back on property with 200 feet along Wing Lake Road. House has three fireplaces, attached in-law apartment or master suite, wet plaster construction and hardwoods throughout most of home. Walk out lower level. Perfect for a redo or to build your own dream home.

Last Agent to Sell the Property

Kate Browner

Real Estate One-W Blmfld License #6502140047 Listed on: 12/03/2012

Real Estate One-W Blmfld

Last Buyer's Agent

Cindy Obron Kahn

The Agency Hall & Hunter License #6501316961

The Agency Hall & Hunter

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 1.39 Acre Lot
  • Lake Front
  • Irregular Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,164 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Water Views
  • Security System Owned
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Humidifier
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Woodcrest Farms Subdivision
  • Swim Association

Listing and Financial Details

  • Assessor Parcel Number 1920327014

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,777

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Humidifier, Security Alarm (owned), Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Locations: Basement, Family Room, Living Room
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Dryer, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 2164

Exterior Features

  • Waterfront Name: CHALMERS LAKE
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Lighting
  • Porch Type: Balcony, Patio, Porch
  • Road Frontage Type: Gravel
  • Waterfront Description: Lake Front

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 395683.0000
  • Lot Features: Irregular, Water View
  • Lot Size Area: 1.39
  • Lot Dimensions: IRREGULAR
  • Parcel Number: 1920327014

Tax Info

  • Tax Amount Summer: 4554.0000
  • Tax Amount Winter: 4223.0000
  • Total Tax: 8777.0000

Multi Family

  • Waterfront Features: Swim Association

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2012
Closed on
Feb 8, 2013
Sold by
Jaynes Ruth Watkins and Thre Ruth Jaynes Agreement Of
Bought by
Obron Jeffery G and Obron Lynne G
Seller's Agent
Kate Browner
Real Estate One-W Blmfld
Buyer's Agent
Cindy Obron Kahn
The Agency Hall & Hunter
List Price
$550,000
Sold Price
$481,000
Premium/Discount to List
-$69,000
-12.55%
Current Estimated Value
$1,464,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$983,744
Avg. Annual Appreciation
9.10%

Purchase Details

Closed on
Feb 22, 2010
Sold by
Jaynes Ruth Watkins and Pew Ruth Watkins
Bought by
Jaynes Ruth Watkins and Pew Ruth Watkins

Purchase Details

Closed on
Dec 11, 2009
Sold by
Pew Ruth Mary Watkins and Pew Mary Watkins
Bought by
Jaynes Ruth Watkins

Purchase Details

Closed on
Feb 6, 2004
Sold by
Pew Ruth Mary Watkins and Ruth Mary Watkins Pew Revocabl
Bought by
Pew Ruth Mary Watkins

Purchase Details

Closed on
Oct 2, 2002
Sold by
Pew Ruth M
Bought by
Ruth Mary Watkins Pew Tr
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
Obron Jeffery G -- Capital Title Ins Agency
Jaynes Ruth Watkins -- None Available
Jaynes Ruth Watkins -- None Available
Pew Ruth Mary Watkins -- --
Ruth Mary Watkins Pew Tr -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2013 02/08/13 Sold $481,000 -12.5% $222 / Sq Ft
12/05/2012 12/05/12 Pending -- -- --
12/03/2012 12/03/12 For Sale $550,000 -- $254 / 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 $12,894 $832,110 $0 $0
2023 $12,296 $773,500 $0 $0
2022 $23,043 $711,630 $0 $0
2021 $22,437 $707,450 $0 $0
2020 $10,838 $699,250 $0 $0
2019 $21,059 $672,660 $0 $0
2018 $20,647 $663,360 $0 $0
2017 $20,325 $633,810 $0 $0
2016 $20,261 $613,100 $0 $0
2015 -- $479,270 $0 $0
2014 -- $132,010 $0 $0
2011 -- $175,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 212120844

Realcomp

APN: 19-20-327-014