NOT LISTED FOR SALE

5261 N Bay Dr Orchard Lake, MI 48324

Estimated Value: $4,186,425 - $5,062,000

5 Beds
5.5 Baths
6,828 Sq Ft
$671/Sq Ft Est. Value

Last Sold May 07, 2024

Last sale price $4,400,000 $644 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $29,374/month

Highlights

  • In Ground Pool
  • 1.42 Acre Lot
  • No HOA
  • Roosevelt Elementary School Rated A-
  • Colonial Architecture
  • 5 Car Attached Garage

About This Home

As of May 2024

This home is located at 5261 N Bay Dr, Orchard Lake, MI 48324 since 07 May 2024 and is currently estimated at $4,582,856, approximately $671 per square foot. This property was built in 1995. 5261 N Bay Dr is a home located in Oakland County with nearby schools including Roosevelt Elementary School, Waterford Montessori Academy, and Our Lady Of Refuge School.

Last Agent to Sell the Property

Tushar Vakhariya

KW Domain License #6501279268 Listed on: 05/07/2024

KW Domain

Co-Listed By

Renee Lossia Acho

KW Domain License #6501305857

Last Buyer's Agent

Fanar Ayar

ICON Realty Experts, LLC License #6501393363

ICON Realty Experts, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1995

Lot Details

  • 1.42 Acre Lot
  • Lot Dimensions are 154.00x400.00

Parking

  • 5 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 6,828 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • In Ground Pool
  • Ground Level

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1809276025

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,863

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 426.00
  • Year Built: 1995
  • State Equalized Value: 1845710.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 11
  • Total Bedrooms: 5
  • Total Bathrooms: 5.10
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 11328
  • Sq Ft Lower Floor: 4500
  • Total Sq Ft: 6828
  • Sq Ft Total Bsmt: 5204

Exterior Features

  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Pool - Inground
  • Foundation Materials: Poured
  • Frontage Feet: 154
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 5 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: West Bloomfield

Lot Info

  • Homestead: Yes
  • Lot Size Area: 1.42
  • Lot Dimensions: 154.00X400.00
  • Parcel Number: 1809276025

Tax Info

  • Tax Amount Summer: 42997.0000
  • Tax Amount Winter: 2866.0000
  • Total Tax: 45863.0000
  • Taxable Value: 1341630.0000

MLS Schools

  • School District: West Bloomfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
Apr 29, 2024
Sold by
Frieda Hartunian Qualified Non-Exempt Tr and Frieda Hartunian Trust
Bought by
Yono Jeffrey and Yono Chanel
Seller's Agent
Tushar Vakhariya
KW Domain
Buyer's Agent
Fanar Ayar
ICON Realty Experts, LLC
List Price
$4,500,000
Sold Price
$4,400,000
Premium/Discount to List
-$100,000
-2.22%
Total Days on Market
0
Current Estimated Value
$4,582,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,856
Avg. Annual Appreciation
3.84%
Original Mortgage
$3,100,000
Outstanding Balance
$3,068,325
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$1,514,531

Purchase Details

Closed on
Nov 14, 2022
Sold by
Frieda Hartunian Trust
Bought by
Hartunian Gordon and Frieda Hartunian Trust

Purchase Details

Closed on
Feb 1, 2016
Sold by
Hartunian Frieda M and The Frieda M Hartunian Revocab
Bought by
Hartunian Gordon and Gordon Hartunian Trust

Purchase Details

Closed on
Sep 21, 2006
Sold by
Hartunian Gordon and Hartunian Frieda M
Bought by
Frieda M Hartunian Revocable Living Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 1997
Sold by
Declaire Jeffrey H
Bought by
Veltri Michael
Source: Public Records

Range of Values:

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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
Yono Jeffrey -- None Listed On Document
Hartunian Gordon -- --
Hartunian Gordon -- Attorney
Frieda M Hartunian Revocable Living Tr -- None Available
Hartunian Gordon -- Capital Title Ins Agency
Veltri Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yono Jeffrey $3,100,000
Previous Owner Hartunian Frieda $5,000,000
Previous Owner Hartunian Gordon $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2024 05/07/24 Sold $4,400,000 -2.2% $644 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $4,500,000 -- $659 / 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 $44,956 $2,118,480 $0 $0
2023 $42,997 $1,845,710 $0 $0
2022 $40,088 $1,770,830 $0 $0
2021 $43,482 $1,731,540 $0 $0
2020 $41,373 $1,714,570 $0 $0
2019 $42,461 $1,660,880 $0 $0
2018 $41,602 $1,608,630 $0 $0
2017 $40,946 $1,584,500 $0 $0
2016 $41,307 $1,502,050 $0 $0
2015 -- $1,396,430 $0 $0
2014 -- $1,217,890 $0 $0
2011 -- $1,313,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240030390

Realcomp

APN: 18-09-276-025