NOT LISTED FOR SALE

5263 Kings Gate Way Bloomfield Hills, MI 48302

Estimated Value: $827,000 - $889,000

4 Beds
2.5 Baths
3,411 Sq Ft
$253/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $721,000 $211 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,293/month

1 Day on Market

Highlights

  • Colonial Architecture
  • Double Oven
  • 2 Car Direct Access Garage
  • Conant Elementary School Rated A
  • Stainless Steel Appliances
  • Bar Fridge

About This Home

As of June 2021

Welcome to 5263 Kings Gate Way-the perfect family home with all the updates for today's lifestyle. Situated on over a half-acre in desirable Wood Lake Hills-on a quiet dead-end street. This tastefully renovated colonial is walkable to award-winning Conant Elem. and BH Middle School. Beautiful HW floors t/out the first and second floor. Recently renovated and expanded kitchen creates an open-floor concept with newer SS appliances. New Built-ins in the family room are perfect for the kids to complete their homework & a new mudroom serves as the command center for those hurried mornings getting out the door! The master suite is complete w/ brand new bathroom plus an addition that boasts a laundry room & walk-in closet w/island. Other updates incl: Professionally finished basement,Crown molding,Ext & Int Paint(2020),Furnace/AC(2017),Mudroom(2019),Gutters w/guards(2020),Landscaping(2020),Half Bath(2019),Fire-pit,Sump pump(2020),Washer(2020),Gas range(2020)& Dishwasher(2018). Welcome Home!

Last Listed By

Steven Shafer

@properties Christie's Int'l R.E. Birmingham License #6501401846 Listed on: 05/12/2021

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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1969

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 164 x 186 x 80 x 176 x 28

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Chimney Cap

Interior Spaces

  • 3,411 Sq Ft Home
  • 2-Story Property
  • Bar Fridge
  • Gas Fireplace
  • Family Room with Fireplace
  • Finished Basement
  • Sump Pump

Kitchen

  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutter Guard System
  • Porch

Location

  • Ground Level

Utilities

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

Community Details

  • Wood Lake Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1920431004
  • $1,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,986

Year Built

Built in 1969

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1969
  • State Equalized Value: 275620.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 15
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Free-Standing Refrigerator, Gas Cooktop, Microwave, Range Hood, Stainless Steel Appliance(s), Washer, Bar Fridge
  • Sq Ft Combined: 4140
  • Sq Ft Lower Floor: 729
  • Total Sq Ft: 3411
  • Sq Ft Total Bsmt: 1193

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exclusions: Yes
  • Exterior Features: Chimney Cap(s), Gutter Guard System, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 164
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 25
  • Association Fee: Yes

Schools

  • School District: Bloomfield Hills

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.58
  • Lot Dimensions: 164 x 186 x 80 x 176 x 28
  • Parcel Number: 1920431004

Tax Info

  • Tax Amount Summer: 3863.6100
  • Tax Amount Winter: 4122.4700
  • Total Tax: 7986.0800
  • Taxable Value: 203090.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Jun 15, 2021
Sold by
Schwartz Stuart
Bought by
Schuldt Andrew and Schuldt Sarah
Seller's Agent
Steven Shafer
@properties Christie's Int'l R.E. Birmingham
Buyer's Agent
Kate Hayman
KW Domain
List Price
$695,000
Sold Price
$721,000
Premium/Discount to List
$26,000
3.74%
Total Days on Market
1
Current Estimated Value
$864,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,347
Avg. Annual Appreciation
5.74%
Original Mortgage
$721,000
Outstanding Balance
$665,934
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$230,933

Purchase Details

Closed on
Jan 16, 2009
Sold by
Hall Carole T and Douglas J Hall Residuary Trust
Bought by
Schwartz Stuart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,238
Interest Rate
5.08%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 29, 2008
Sold by
Hall Carole T and Hall Douglas J
Bought by
Hall Carole T and Douglas J Hall Residuary Trust

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
Schuldt Andrew $721,000 Bankers Title Setmnt Svcs
Schwartz Stuart $276,040 Capital Title Ins Agency
Hall Carole T -- None Available
Hall Carole T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schuldt Andrew $721,000
Previous Owner Schwartz Stuart $335,000
Previous Owner Schwartz Stuart $384,950
Previous Owner Schwartz Stuart $330,000
Previous Owner Schwartz Stuart $75,000
Previous Owner Schwartz Stuart $250,500
Previous Owner Schwartz Stuart $255,300
Previous Owner Schwartz Stuart $262,238
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Sold $721,000 +3.7% $211 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $695,000 -- $204 / 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 $5,971 $414,290 $0 $0
2023 $5,778 $342,120 $0 $0
2022 $11,059 $290,970 $0 $0
2021 $7,881 $272,560 $0 $0
2020 $3,864 $275,620 $0 $0
2019 $7,416 $281,590 $0 $0
2018 $7,450 $245,440 $0 $0
2017 $7,397 $231,410 $0 $0
2016 $7,411 $241,440 $0 $0
2015 -- $239,900 $0 $0
2014 -- $194,690 $0 $0
2011 -- $156,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210033814

Realcomp

APN: 19-20-431-004