NOT LISTED FOR SALE

5271 Elmgate Dr Orchard Lake, MI 48324

Estimated Value: $1,322,000 - $2,790,000

3 Beds
3.5 Baths
4,157 Sq Ft
$529/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $2,300,000 $553 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $14,565/month

50 Days on Market

Highlights

  • 177 Feet of Waterfront
  • Built-In Refrigerator
  • Jetted Tub in Primary Bathroom
  • Dock Facilities
  • Contemporary Architecture
  • Ground Level Unit

About This Home

As of September 2022

Take this opportunity to live on one of the City of Orchard Lake's finest streets. This mid century modern home sits on almost a full acre with panoramic views of Upper Straits Lake. A spectacular renovation created a large open concept kitchen with 2 story floor to ceiling views of the waterfront and grounds. The elevated patio leads to a gentle sloping landscape down to the waters edge. Multi level living allows for a private Owner's suite with spa like bath, custom closets & exceptional views. 2 additional guest rooms with dual bathroom. 3 car garage. Enjoy living on one of Oakland Counties most beautiful all-sports lakes.

Last Agent to Sell the Property

Katherine Broock

Max Broock, REALTORS®-Birmingham License #6501240456 Listed on: 07/19/2022

Max Broock, REALTORS®-Birmingham

Co-Listed By

Helen Reasoner

Max Broock, REALTORS®-Birmingham License #6501358900

Last Buyer's Agent

Katherine Broock

Max Broock, REALTORS®-Birmingham License #6501240456 Listed on: 07/19/2022

Max Broock, REALTORS®-Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1961 | Remodeled in 1997

Lot Details

  • 0.94 Acre Lot
  • Lot Dimensions are 143x289x177x254
  • 177 Feet of Waterfront
  • Lake Front

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Quad-Level Property
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 4,157 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Double Oven
  • Gas Cooktop
  • Built-In Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Dock Facilities
  • Patio

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 1816276009

Community Details

Overview

  • No Home Owners Association
  • Cruice Point Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,618

Year Built

Built in 1961 | Remodeled in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary, Split Level
  • Architecture Level: Quad-Level
  • Assessment: 61.00
  • Warranty: Yes
  • Year Built: 1961
  • State Equalized Value: 1011980.0000
  • Year Renovated: 1997
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Interior Amenities: High Spd Internet Avail, Jetted Tub
  • Fireplace: Yes
  • Fireplace Locations: Dining Room, Living Room
  • Room Count: 14
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Dryer, Electric Cooktop, Gas Cooktop, Washer
  • Sq Ft Combined: 5635
  • Sq Ft Lower Floor: 1478
  • Total Sq Ft: 4157
  • Sq Ft Total Bsmt: 1478

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Upper Straits
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 143
  • Porch Type: Patio
  • Road Frontage Type: Paved
  • Water Frontage Feet: 177.00
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 3 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)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: West Bloomfield

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.94
  • Lot Dimensions: 143x289x177x254
  • Parcel Number: 1816276009

Tax Info

  • Tax Amount Summer: 21812.0000
  • Tax Amount Winter: 806.0000
  • Total Tax: 22618.0000
  • Taxable Value: 648870.0000

Multi Family

  • Waterfront Features: All Sports Lake, Dock Facilities

MLS Schools

  • School District: West Bloomfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2024
Sold by
Crosno Michael and Crosno Jeanne
Bought by
Klmgate Llc
Current Estimated Value
$2,200,093

Purchase Details

Listed on
Jul 19, 2022
Closed on
Sep 23, 2022
Sold by
Roslyne L Gitlin Living Trust
Bought by
Crosno Michael and Crosno Jeanne
Seller's Agent
Katherine Broock
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Katherine Broock
Max Broock, REALTORS®-Birmingham
List Price
$2,690,000
Sold Price
$2,300,000
Premium/Discount to List
-$390,000
-14.5%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.46%

Purchase Details

Closed on
Nov 13, 2020
Sold by
Gitlin Roslyne L and Gitlin Kenneth W
Bought by
Gitlin Roslyne L and Flashner Julie

Purchase Details

Closed on
Nov 21, 2016
Sold by
Gitlin Kenneth W and Gitlin Roslyne L
Bought by
Gitlin Kenneth W and Gitlin Roslyne L

Purchase Details

Closed on
Sep 9, 2013
Sold by
Gitlin Kenneth W and Gitlin Roslyne L
Bought by
Gitlin Kenneth W and Gitlin Roslyne L

Purchase Details

Closed on
Sep 1, 1995
Sold by
Forte Robert D
Bought by
Gitlin Kenneth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
8%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Klmgate Llc -- None Listed On Document
Crosno Michael $2,300,000 --
Gitlin Roslyne L -- None Available
Gitlin Kenneth W -- None Available
Gitlin Kenneth W -- None Available
Gitlin Kenneth W $895,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gitlin Kenneth W $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2022 09/23/22 Sold $2,300,000 -7.6% $553 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
08/08/2022 08/08/22 Price Changed $2,490,000 -7.4% $599 / Sq Ft
07/19/2022 07/19/22 For Sale $2,690,000 -- $647 / 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 $34,264 $708,490 $0 $0
2023 $50,370 $1,040,770 $0 $0
2022 $20,901 $1,025,750 $0 $0
2021 $22,619 $1,011,980 $0 $0
2020 $21,575 $991,340 $0 $0
2019 $22,149 $954,230 $0 $0
2018 $22,189 $950,280 $0 $0
2017 $21,347 $944,660 $0 $0
2016 $21,549 $914,520 $0 $0
2015 -- $837,030 $0 $0
2014 -- $714,170 $0 $0
2011 -- $659,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20221017401

Realcomp

APN: 18-16-276-009