$780,000
SOLD NOV 21, 2024

5371 Forest Way Bloomfield Hills, MI 48302

4 Beds
5 Baths
3,301 Sq Ft
0.64 Acres

Recently Sold

$236 Per Sq Ft

8% Below List Price

35 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Home fronts a pond
  • Deck
  • Conant Elementary School Rated A
  • Colonial Architecture
  • Wine Refrigerator

About This Home

As of November 2024

Welcome to this lovely, immaculate home on a gorgeous lot with mature, manicured landscaping and serene lake views. Coveted neighborhood location on Crescent Lake and just around the corner from Conant Elementary and South Hills Middle School. Outstanding floor plan with an abundance of natural light is highlighted by generous room sizes, beautiful wood floors, plantation shutters, recessed lighting, and thoughtful woodwork throughout. The home has all the living spaces one should expect with outstanding formal and casual retreats. The welcoming foyer opens to a sophisticated Living Room with a natural fireplace and bayed window. A private Library off the foyer, with built-in shelving, is an ideal home office. The elegant and spacious Dining Room leads to the Kitchen with wood cabinetry, granite counters and breakfast nook. A cottage-like Family Room is the heart of the home and provides the perfect environment for relaxation with a fieldstone gas fireplace, bayed window with window seat and access to the elevated, exterior deck. A lovely guest powder room, convenient mud lav and a roomy first floor laundry complete the entry level. A wide staircase leads to the second level of the home where you will find four generously sized bedrooms and two full baths. The open and airy Primary Suite includes a large dressing area, multiple closets and private bath. Two stairways lead to the lower level which provides additional space including a wood-paneled family room with fireplace, a bathroom, abundant storage, access to the 2-car attached garage, and walk-out access to the expansive patio and rear grounds. This home seamlessly blends charm, functionality, and beauty offering an exceptional living experience!

Last Agent to Sell the Property

Meredith Colburn

The Agency Hall & Hunter License #6501264181 Listed on: 09/14/2024

The Agency Hall & Hunter

Last Buyer's Agent

Amer Barbar Askar

Real Estate One-W Blmfld License #6501444845

Real Estate One-W Blmfld

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1968 | Remodeled in 2008

Lot Details

  • 0.64 Acre Lot
  • Home fronts a pond
  • 60 Feet of Waterfront
  • Lake Front
  • Sprinkler System

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Shingle Siding

Interior Spaces

  • 3,301 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Water Views
  • Partially Finished Basement
  • Fireplace in Basement

Kitchen

  • Double Self-Cleaning Oven
  • Built-In Electric Oven
  • Built-In Electric Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Location

  • Ground Level

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 1920477012

Community Details

Overview

  • Doug Carey Association, Phone Number (248) 613-1561
  • Wood Lake Hills No 1 Subdivision
  • The community has rules related to fencing

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,148

Year Built

Built in 1968 | Remodeled in 2008

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1968
  • State Equalized Value: 343710.0000
  • Year Renovated: 2008
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarm, Cable Available, Carbon Monoxide Alarm(s), Entrance Foyer, Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement, Family Room, Living Room
  • Room Count: 16
  • Total Bedrooms: 4
  • Total Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished, Walk-Out Access
  • Kitchen Appliances: Built-In Electric Oven, Built-In Electric Range, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Self Cleaning Oven, Washer, Wine Refrigerator
  • Sq Ft Combined: 3701
  • Sq Ft Lower Floor: 400
  • Total Sq Ft: 3301
  • Sq Ft Total Bsmt: 2072

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Crescent Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick, Shingle Siding
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 150
  • Porch Type: Deck, Patio
  • Road Frontage Type: Paved
  • Sideof Street: E
  • Water Frontage Feet: 60.00
  • Waterfront Description: Lake Front, No Motor Lake, Pond
  • Fencing: Fence Not Allowed

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Electricity, Door Opener, 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)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: 248-613-1561
  • Association Fee: 250
  • Association Contact: Doug Carey
  • Association Fee: Yes

Schools

  • School District: Bloomfield Hills

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s), Water View
  • Lot Size Area: 0.64
  • Lot Dimensions: irregular
  • Parcel Number: 1920477012

Tax Info

  • Tax Amount Summer: 5196.0000
  • Tax Amount Winter: 4952.0000
  • Total Tax: 10148.0000
  • Taxable Value: 279150.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2024
Closed on
Nov 19, 2024
Sold by
Perhacs Stephen P and Garland Waller C
Bought by
Farkouh Wajih and Katrib Layal
Seller's Agent
Meredith Colburn
The Agency Hall & Hunter
Buyer's Agent
Amer Barbar Askar
Real Estate One-W Blmfld
List Price
$849,000
Sold Price
$780,000
Premium/Discount to List
-$69,000
-8.13%
Total Days on Market
35
Views
58
Current Estimated Value
$793,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,626
Avg. Annual Appreciation
3.14%
Original Mortgage
$624,000
Outstanding Balance
$621,645
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$171,981

Purchase Details

Closed on
Nov 15, 2016
Sold by
Perhacs Stephen Paul and Perhacs Stephen P
Bought by
Perhacs Stephen P and Waller C Garland

Purchase Details

Closed on
Nov 1, 2012
Sold by
Waller Caroline Garland
Bought by
Perhacs Stephan Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2010
Sold by
Perhacs Stephen Paul
Bought by
Perhacs Stephen Paul and Waller Caroline Garland

Purchase Details

Closed on
Jun 30, 2009
Sold by
Waller Caroline Garland
Bought by
Perhaes Stephen Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.86%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 28, 2008
Sold by
Zanardelli Vance P and Zanardelli Elizabeth
Bought by
Perhacs Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $780,000 Equity Title
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- Complete Title Services Of S
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Warranty Deed $380,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $624,000 New Conventional
Previous Owner $143,000 New Conventional
Previous Owner $190,000 New Conventional
Previous Owner $213,000 New Conventional
Previous Owner $237,000 New Conventional
Previous Owner $250,000 Unknown
Previous Owner $283,950 Unknown
Previous Owner $285,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2024 11/21/24 Sold $780,000 -8.1% $236 / Sq Ft
10/20/2024 10/20/24 Pending -- -- --
09/14/2024 09/14/24 For Sale $849,000 -- $257 / 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 $5,196 $343,710 $0 $0
2023 $5,028 $323,210 $0 $0
2022 $9,449 $303,700 $0 $0
2021 $9,381 $302,590 $0 $0
2020 $4,599 $296,900 $0 $0
2019 $8,828 $285,090 $0 $0
2018 $8,923 $277,640 $0 $0
2017 $8,804 $268,460 $0 $0
2016 $8,839 $253,430 $0 $0
2015 -- $244,840 $0 $0
2014 -- $245,720 $0 $0
2011 -- $206,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240068651

Realcomp

APN: 19-20-477-012