NOT LISTED FOR SALE

5365 Elmgate Bay Dr Orchard Lake, MI 48324

Estimated Value: $1,122,000 - $2,332,894

4 Beds
4.5 Baths
6,000 Sq Ft
$289/Sq Ft Est. Value

Last Sold September 09, 2021

Last sale price $1,100,500 $183 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $11,661/month

118 Days on Market

Highlights

  • 197 Feet of Waterfront
  • Home fronts a pond
  • Contemporary Architecture
  • New Construction
  • 4.27 Acre Lot
  • No HOA

About This Home

As of September 2021

Lakefront living at its finest, located on one of Oakland Counties' premier lakefront streets. Adjacent to Orchard Lake Country Club sits this double lot on Upper Straits Lake. Build your compound or Single-family home with Orchard Construction, one of Michigan’s premier luxury builders. With limited land available, this Upper Straights lakefront estate property gives you the opportunity of a lifetime. Southern exposure and privacy along with an all-sports lakefront lifestyle complete the package. Have an ancillary building on your primary residence.
Call for further details.

Last Agent to Sell the Property

Katherine Broock

Max Broock, REALTORS®-Birmingham License #6501240456 Listed on: 05/06/2021

Max Broock, REALTORS®-Birmingham

Last Buyer's Agent

Renee Lossia Acho

KW Domain License #6501305857

KW Domain

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 4.27 Acre Lot
  • Home fronts a pond
  • 197 Feet of Waterfront
  • Lake Front
  • Irregular Lot

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding
  • Chimney Cap
  • Stucco

Interior Spaces

  • 6,000 Sq Ft Home
  • 2-Story Property
  • ENERGY STAR Qualified Ceiling Fan
  • Gas Fireplace
  • ENERGY STAR Qualified Doors
  • Great Room with Fireplace
  • Water Views
  • Security System Owned
  • Unfinished Basement

Kitchen

  • Convection Oven
  • Built-In Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • ENERGY STAR Qualified Dryer
  • ENERGY STAR Qualified Washer

Parking

  • 4 Car Attached Garage
  • Heated Garage

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • ENERGY STAR Qualified Air Conditioning
  • Humidifier
  • Forced Air Zoned Heating and Cooling System
  • Heating system powered by renewable energy
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Sewer in Street
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1816201006

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Assessment: 11.4
  • Year Built: 2022
  • State Equalized Value: 691010.0000
  • Foundation Features: Insulating Concrete Forms
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Humidifier, ENERGY STAR® Qualified Door(s), High Spd Internet Avail, Programmable Thermostat, Security Alarm (owned), Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 18
  • Total Bedrooms: 4
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: ENERGY STAR® qualified dryer, ENERGY STAR® qualified washer, Built-In Gas Range, Convection Oven, Disposal, ENERGY STAR® qualified dishwasher, ENERGY STAR® qualified refrigerator, Exhaust Fan, Gas Cooktop, Ice Maker, Microwave, Range Hood, Stainless Steel Appliance(s)
  • Sq Ft Combined: 6000
  • Total Sq Ft: 6000
  • Sq Ft Total Bsmt: 3000

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Upper Straits
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Stone, Stucco, Wood
  • Construction Features: New Construction, Const. Start Upon Sale
  • Exterior Features: Chimney Cap(s), Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 143
  • Porch Type: Porch - Covered, Patio, Porch
  • Road Frontage Type: Paved
  • Water Frontage Feet: 197.00
  • Waterfront Description: Lake Front, Pond

Garage/Parking

  • Garage Size: 4 Car
  • Garage Features: Heated, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air, ENERGY STAR® Qualified A/C Equipment, ENERGY STAR® Qualified Ceiling Fan(s)
  • Heating: ENERGY STAR® Qualified Furnace Equipment, Forced Air, Hot Water, Zoned
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal), Water at Street
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: West Bloomfield

Lot Info

  • Lot Features: Irregular, Water View
  • Lot Size Area: 4.27
  • Lot Dimensions: irregular
  • Parcel Number: 1816201006

Tax Info

  • Tax Amount Summer: 28573.0000
  • Tax Amount Winter: 675.0000
  • Total Tax: 29248.0000
  • Taxable Value: 595130.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: West Bloomfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Sep 9, 2021
Sold by
Baba Real Estate Group Llc
Bought by
5365 Elmgate Llc
Seller's Agent
Katherine Broock
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Renee Lossia Acho
KW Domain
List Price
$4,495,000
Sold Price
$1,100,500
Premium/Discount to List
-$3,394,500
-75.52%
Current Estimated Value
$1,735,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$634,798
Avg. Annual Appreciation
11.84%

Purchase Details

Closed on
Jun 20, 2012
Sold by
Rudraraju Venkat C
Bought by
Baba Real Estate Group Llc

Purchase Details

Closed on
Mar 16, 2009
Sold by
Schade John C and Schade Christine M
Bought by
Schade Christine M and The Christine M Schade Revocable Living

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$731,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2009
Sold by
Schade Christine M
Bought by
Rudraraju Venkat C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$731,250
Interest Rate
4.5%
Mortgage Type
New Conventional
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
5365 Elmgate Llc -- Capital Title Ins Agcy Inc
Baba Real Estate Group Llc -- None Available
Schade Christine M -- None Available
Rudraraju Venkat C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rudraraju Venkat C $731,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2021 09/09/21 Sold $1,100,500 -75.5% $183 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $4,495,000 -- $749 / 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 $29,103 $601,790 $0 $0
2023 $28,166 $581,980 $0 $0
2022 $28,443 $587,690 $0 $0
2021 $30,330 $691,850 $0 $0
2020 $28,573 $691,010 $0 $0
2019 $28,859 $686,750 $0 $0
2018 $28,907 $709,140 $0 $0
2017 $27,862 $702,680 $0 $0
2016 $28,040 $688,200 $0 $0
2015 -- $632,170 $0 $0
2014 -- $543,310 $0 $0
2011 -- $552,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210032757

Realcomp

APN: 18-16-201-006