NOT LISTED FOR SALE

5300 Elmgate Dr Orchard Lake, MI 48324

Estimated Value: $2,559,000 - $7,620,000

3 Beds
2 Baths
2,223 Sq Ft
$2,204/Sq Ft Est. Value

Last Sold May 31, 2012

Last sale price $912,500 $410 Per Sq Ft

Est. 437% increase in value since last sale

Current estimated payment $30,260/month

43 Days on Market

Highlights

  • Lake Front
  • Deck
  • No HOA
  • Dock Facilities
  • Ranch Style House
  • 2 Car Direct Access Garage

About This Home

As of May 2012

PRESTIGIOUS ALL SPORTS UPPER STRAITS LAKE. SPECTACULAR PARK-LIKE SETTING ON 1 ACRE W/ 300FT OF LAKE FRONTAGE. PRIVATE CUL-DE-SAC LOCATION. PANORAMIC LAKE VIEWS. NATURAL STONE SEA WALL. SPACIOUS RANCH HOME FEATURES GREAT RM W/ FP, WET BAR AND WALL OF WINDOWS. BRIGHT KITCHEN, HUGE SUN ROOM. MASTER SUITE W/ BATH & HUGE WIC. HOUSE GENERATOR. PLENTY OF ROOM TO EXPAND, REMODEL OR BUILD NEW DREAM HOME. NOTE CSB ALL M&D APPROX.

Last Agent to Sell the Property

Patsy Hensley

RE/MAX New Trend License #6501330206 Listed on: 04/17/2012

RE/MAX New Trend

Last Buyer's Agent

Patsy Hensley

RE/MAX New Trend License #RCO-6501330206

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1972

Lot Details

  • 1.04 Acre Lot
  • Lot Dimensions are 215x210
  • Lake Front

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 2,223 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Great Room with Fireplace
  • Water Views
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Sump Pump
  • Crawl Space

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • Dock Facilities
  • Deck
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1816276007

Community Details

Overview

  • No Home Owners Association
  • Cruice Point Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,324

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1972
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Air Purifier, Cable Available, Security Alarm (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Locations: Great Room
  • Room Count: 12
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Range/Stove
  • Sq Ft Combined: 2223
  • Total Sq Ft: 2223

Exterior Features

  • Waterfront Name: UPPER STRAITS
  • Waterfront: Yes
  • Foundation Details: Crawl
  • Construction Materials: Brick
  • Exterior Features: Lighting
  • Frontage Feet: 300
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved
  • Waterfront Description: Lake Front

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air, Ceiling Fan(s)
  • 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: 1105769.0000
  • Lot Features: Water View
  • Lot Size Area: 1.04
  • Lot Dimensions: 215X210
  • Parcel Number: 1816276007

Tax Info

  • Tax Amount Summer: 19830.0000
  • Tax Amount Winter: 494.0000
  • Total Tax: 20324.0000

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
Aug 7, 2015
Sold by
Tursi Duane D and D Duane Tursi Living Trust
Bought by
Tursi D Duane and D Duane Tursi Living Trust
Current Estimated Value
$4,900,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,524,360
Interest Rate
3.15%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,375,660

Purchase Details

Listed on
Apr 17, 2012
Closed on
May 31, 2012
Sold by
Hirschfield Warren D and Hirschfield Donna J
Bought by
The D Duane Tursi Living Trust
Seller's Agent
Patsy Hensley
RE/MAX New Trend
Buyer's Agent
Patsy Hensley
RE/MAX New Trend
List Price
$1,150,000
Sold Price
$912,500
Premium/Discount to List
-$237,500
-20.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.41%

Purchase Details

Closed on
Sep 6, 2002
Sold by
Hirschfield Warren D
Bought by
Warren D Hirschfield Tr
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
Tursi D Duane -- None Available
The D Duane Tursi Living Trust -- Title Express Llc
Warren D Hirschfield Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tursi D Duane $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2012 05/31/12 Sold $912,500 -20.7% $410 / Sq Ft
05/30/2012 05/30/12 Pending -- -- --
04/17/2012 04/17/12 For Sale $1,150,000 -- $517 / 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 $50,151 $2,332,870 $0 $0
2023 $47,954 $2,130,110 $0 $0
2022 $44,691 $2,064,940 $0 $0
2021 $48,109 $1,914,580 $0 $0
2020 $45,955 $1,809,370 $0 $0
2019 $46,994 $1,671,340 $0 $0
2018 $46,619 $1,643,040 $0 $0
2017 $45,390 $1,617,400 $0 $0
2016 $45,813 $1,509,690 $0 $0
2015 -- $748,080 $0 $0
2014 -- $486,100 $0 $0
2011 -- $595,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2012

    Patsy Hensley

    RE/MAX

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Map

Source: Realcomp

MLS Number: 212038637

Realcomp

APN: 18-16-276-007

Michigan Oakland County Orchard Lake

5300 Elmgate Dr, Orchard Lake, MI

This home is located at 5300 Elmgate Dr, Orchard Lake, MI 48324 since 17 April 2012 and is currently estimated at $4,900,020, approximately $2,204 per square foot. This property was built in 1972. 5300 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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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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