NOT LISTED FOR SALE

540 Chase Ln Unit Bldg-Unit Bloomfield Hills, MI 48304

Estimated Value: $5,122,000 - $5,993,000

6 Beds
8 Baths
7,864 Sq Ft
$700/Sq Ft Est. Value

About This Home

This home is located at 540 Chase Ln Unit Bldg-Unit, Bloomfield Hills, MI 48304 and is currently estimated at $5,502,243, approximately $699 per square foot. 540 Chase Ln Unit Bldg-Unit is a home located in Oakland County with nearby schools including Eastover Elementary School, Bloomfield Hills High School, and St. Hugo of the Hills Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2024
Sold by
Passon Douglas R and Passon Melissa
Bought by
Numan Andi
Current Estimated Value
$5,502,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Outstanding Balance
$3,476,346
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2018
Sold by
Lingam Natesh and Lingam Deepthi
Bought by
Passon Douglas R and Passon Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,780,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 30, 2012
Sold by
Kojaian Management Corporation
Bought by
Lingam Natesh and Lingham Deepthi

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%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 30, 2010
Sold by
Kojaian Ventures L L C
Bought by
Kojaian Management Corporation

Purchase Details

Closed on
Sep 29, 2010
Sold by
K/Lb Bloomfield Associates L L C
Bought by
Kojaian Ventures L L C

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.

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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.

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First American

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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.

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Average Value
Not Available
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
Numan Andi $5,500,000 None Listed On Document
Numan Andi $5,500,000 None Listed On Document
Passon Douglas R $2,225,000 None Available
Lingam Natesh -- None Available
Kojaian Management Corporation -- None Available
Kojaian Ventures L L C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Numan Andi $3,500,000
Closed Numan Andi $3,500,000
Previous Owner Passon Douglas R $1,785,000
Previous Owner Passon Douglas R $1,780,000
Previous Owner Lingam Natosh $1,500,000
Previous Owner Lingam Natesh $250,000
Source: Public Records

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 $43,238 $1,581,130 $0 $0
2023 $41,596 $1,483,880 $0 $0
2022 $48,091 $1,326,140 $0 $0
2021 $45,870 $1,272,880 $0 $0
2020 $37,020 $1,234,030 $0 $0
2019 $42,160 $1,214,770 $0 $0
2018 $40,234 $1,165,030 $0 $0
2017 $39,816 $1,131,520 $0 $0
2016 $35,746 $774,700 $0 $0
2015 -- $450,000 $0 $0
2014 -- $250,000 $0 $0
2011 -- $304,000 $0 $0
Source: Public Records

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