NOT LISTED FOR SALE

5245 Kings Gate Way Bloomfield Hills, MI 48302

Estimated Value: $542,000 - $704,000

3 Beds
2.5 Baths
2,623 Sq Ft
$227/Sq Ft Est. Value

Last Sold June 03, 2013

Last sale price $248,000 $95 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $3,563/month

54 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Patio
  • Conant Elementary School Rated A
  • Porch
  • Security System Owned

About This Home

As of June 2013

Highest and Best due 4/13/13 at 12 Noon! Desirable home w/great curb appeal and circular drive. Large updated kitchen with maple cabinets. Master bedroom suite with walk-in closet & dressing area. Large family room with natural fireplace & built in book shelves. Well maintained home with spacious rooms. Lots of storage. Great location on dead end street with Bloomfield Hills Schools. Over 1/2 acre private lot. No more showings!

Last Listed By

Richard Reynen

Real Estate One-W Blmfld License #6501304426 Listed on: 04/05/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1973

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 196x78x185x146

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Slab Foundation

Interior Spaces

  • 2,623 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Security System Owned
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Wood Lake Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1920431003

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,202

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Security Alarm (owned), Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 12
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen Appliances: Disposal, Dryer, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2623
  • Total Sq Ft: 2623

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Aluminum
  • Exterior Features: Lighting
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Bloomfield Hills

Lot Info

  • Homestead: Yes
  • List Price per Acre: 480577.0000
  • Lot Size Area: 0.52
  • Lot Dimensions: 196X78X185X146
  • Parcel Number: 1920431003

Tax Info

  • Tax Amount Summer: 2136.0000
  • Tax Amount Winter: 2066.0000
  • Total Tax: 4202.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2013
Closed on
Jun 3, 2013
Sold by
Scalzi Lidia
Bought by
Jones Ii David
Seller's Agent
Richard Reynen
Real Estate One-W Blmfld
Buyer's Agent
Leslie Doran
Coldwell Banker Weir Manuel-Roch
List Price
$249,900
Sold Price
$248,000
Premium/Discount to List
-$1,900
-0.76%
Total Days on Market
54
Current Estimated Value
$595,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,609
Avg. Annual Appreciation
7.61%
Original Mortgage
$232,800
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2008
Sold by
Sealzi Ricciardetto
Bought by
Polpetta Farms Llc

Purchase Details

Closed on
Mar 21, 2001
Sold by
Pressley-Capers Diane
Bought by
Scalzi Ricciardetto

Purchase Details

Closed on
Jul 27, 1995
Sold by
Crouse Woodruff B
Bought by
Pressley-Capers Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
7.64%
Mortgage Type
New Conventional

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
Jones Ii David $248,000 Capital Title Ins Agency
Scalzi Lidia $175,000 Capital Title Ins Agency
Polpetta Farms Llc -- None Available
Scalzi Ricciardetto $250,000 --
Pressley-Capers Diane $197,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones David $196,250
Closed Jones Ii David $232,800
Previous Owner Pressley-Capers Diane $187,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2013 06/03/13 Sold $248,000 -0.8% $95 / Sq Ft
05/29/2013 05/29/13 Pending -- -- --
04/05/2013 04/05/13 For Sale $249,900 -- $95 / 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 $3,137 $245,940 $0 $0
2023 $3,036 $203,040 $0 $0
2022 $5,705 $176,400 $0 $0
2021 $5,664 $170,720 $0 $0
2020 $2,776 $172,410 $0 $0
2019 $5,329 $176,120 $0 $0
2018 $5,354 $158,470 $0 $0
2017 $5,315 $150,660 $0 $0
2016 $5,325 $156,270 $0 $0
2015 -- $155,430 $0 $0
2014 -- $133,250 $0 $0
2011 -- $98,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 213031255

Realcomp

APN: 19-20-431-003