NOT LISTED FOR SALE

5282 Elmgate Dr Orchard Lake, MI 48324

Estimated Value: $2,521,556 - $6,725,000

5 Beds
6 Baths
5,505 Sq Ft
$852/Sq Ft Est. Value

Last Sold September 01, 2016

Last sale price $2,650,000 $481 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $29,127/month

33 Days on Market

Highlights

  • Lake Front
  • Deck
  • No HOA
  • Fireplace in Primary Bedroom
  • Jetted Tub in Primary Bathroom
  • 3 Car Direct Access Garage

About This Home

As of September 2016

Exclusive offering on Upper Straits Lake. 8,000+ total Sq. Ft. expertly designed w/ clean articulated lines and complimented by high grade materials including natural stone, marble and bamboo hardwood. Inviting rooms w/ gracious views of grounds and Upper Straits Lake. Formal living and dining room. Sleek designer kitchen with Carrera marble and stainless steel appliance package. Great functional storage throughout. Entry level paneled study w/ fireplace. Stellar master suite w/ sweeping views of landscape, regal master bath including marble steam shower and tub, generous closet space. Additional bedroom suites follow. Walk-out lower level allows for entertaining and accommodations, featuring kitchen, recreation room w/fireplace, professional exercise room, additional office, bedroom and 2nd laundry. Walkout to 164 Ft of lake Frontage w/ Southern exposure and sandy bottom. Highly desirable, private location on one of Orchard Lake’s premiere streets.

Last Agent to Sell the Property

Katherine Broock

Max Broock, REALTORS®-Birmingham License #6501240456 Listed on: 05/11/2016

Max Broock, REALTORS®-Birmingham

Last Buyer's Agent

Nazir Jaafar

Century 21 Curran & Oberski License #6501254524

Century 21 Curran & Oberski

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1998

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 165x230
  • Lake Front

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Stone Siding

Interior Spaces

  • 5,505 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Gas Fireplace
  • Great Room with Fireplace
  • Water Views
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • 3 Car Direct Access Garage
  • Heated Garage
  • Garage Door Opener

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • Seawall
  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1816276039

Community Details

Overview

  • No Home Owners Association
  • Cruice Point Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,244

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Level: 2 Story
  • Assessment: 37.45
  • Year Built: 1998
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Air Purifier, Cable Available, High Spd Internet Avail, Humidifier, Jetted Tub, Security Alarm (owned), Sound System, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room, Primary Bedroom
  • Room Count: 22
  • Total Bedrooms: 5
  • Total Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 8005
  • Sq Ft Lower Floor: 2500
  • Total Sq Ft: 5505
  • Sq Ft Total Bsmt: 2678

Exterior Features

  • Waterfront Name: UPPER STRAITS
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Stone
  • Exterior Features: BBQ Grill, Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 165
  • Porch Type: Deck, Patio
  • Road Frontage Type: Paved
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Direct Access, Door Opener, Heated, Side Entrance
  • 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)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: West Bloomfield

Lot Info

  • Homestead: Yes
  • List Price per Acre: 4460000.0000
  • Lot Features: Water View
  • Lot Size Area: 0.65
  • Lot Dimensions: 165X230
  • Parcel Number: 1816276039

Tax Info

  • Tax Amount Summer: 35195.0000
  • Tax Amount Winter: 1049.0000
  • Total Tax: 36244.0000

Multi Family

  • Waterfront Features: All Sports Lake, Sea Wall

MLS Schools

  • School District: West Bloomfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2016
Closed on
Sep 19, 2016
Sold by
David Friedman
Bought by
Chebbani Ahmad and Chebbani Michelle
Seller's Agent
Katherine Broock
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Nazir Jaafar
Century 21 Curran & Oberski
List Price
$2,899,000
Sold Price
$2,650,000
Premium/Discount to List
-$249,000
-8.59%
Current Estimated Value
$4,688,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,038,139
Avg. Annual Appreciation
6.48%
Original Mortgage
$1,850,000
Outstanding Balance
$1,481,024
Interest Rate
3.5%
Estimated Equity
$3,207,115

Purchase Details

Listed on
Jul 13, 2015
Closed on
Aug 18, 2015
Sold by
Farley James D and Farley Cornella
Bought by
Friedman David Brian and Friedman Terri Lynn
Seller's Agent
Julie Herman
Temporary Inactive Users
Buyer's Agent
Katherine Broock
Max Broock, REALTORS®-Birmingham
List Price
$2,700,000
Sold Price
$2,000,000
Premium/Discount to List
-$700,000
-25.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.07%

Purchase Details

Closed on
Jul 30, 2008
Sold by
Stern Kenneth A and Urbach Joan
Bought by
Farley James D and Farley Cornelia

Purchase Details

Closed on
Dec 8, 1997
Sold by
Lazar Robert E
Bought by
Stern Kenneth A
Source: Public Records

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
Chebbani Ahmad -- --
Friedman David Brian $2,000,000 None Available
Farley James D -- Interstate Title Inc
Stern Kenneth A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chebbani Ahmad $1,850,000
Closed Chebbani Ahmad --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2016 09/01/16 Sold $2,650,000 -8.6% $481 / Sq Ft
06/13/2016 06/13/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $2,899,000 +45.0% $527 / Sq Ft
08/18/2015 08/18/15 Sold $2,000,000 -25.9% $363 / Sq Ft View Prior Sale
07/23/2015 07/23/15 Pending -- -- --
07/13/2015 07/13/15 For Sale $2,700,000 -- $490 / 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 $50,074 $1,758,760 $0 $0
2023 $47,880 $1,619,890 $0 $0
2022 $44,622 $1,577,530 $0 $0
2021 $48,220 $1,490,070 $0 $0
2020 $45,228 $1,406,690 $0 $0
2019 $46,253 $1,316,470 $0 $0
2018 $46,795 $1,311,250 $0 $0
2017 $45,941 $1,294,950 $0 $0
2016 $61,802 $1,222,060 $0 $0
2015 -- $1,245,570 $0 $0
2014 -- $1,082,210 $0 $0
2011 -- $1,022,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katherine Broock

    Seller's Agent in 2016

    Katherine Broock

    Max Broock, REALTORS®-Birmingham

    (248) 318-4504

    21 in this area

    537 Total Sales

    Katherine Broock
    Section Image
  • Nazir Jaafar

    Buyer's Agent in 2016

    Nazir Jaafar

    Century 21 Curran & Oberski

    (313) 274-7200

    3 Total Sales

    Nazir Jaafar
    Section Image

  • J

    Seller's Agent in 2015

    Julie Herman

    Temporary Inactive Users

See All Agents

Map

Source: Realcomp

MLS Number: 216045456

Realcomp

APN: 18-16-276-039

Michigan Oakland County Orchard Lake

5282 Elmgate Dr, Orchard Lake, MI

This home is located at 5282 Elmgate Dr, Orchard Lake, MI 48324 since 11 May 2016 and is currently estimated at $4,688,139, approximately $851 per square foot. This property was built in 1998. 5282 Elmgate Dr is a home located in Oakland County with nearby schools including The Susan And Rabbi Harold Loss Ecc, Brookfield Academy - West Bloomfield, and Our Lady Of Refuge School.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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