NOT LISTED FOR SALE

5430 Forest Way Bloomfield Hills, MI 48302

Estimated Value: $627,000 - $719,000

3 Beds
2.5 Baths
2,526 Sq Ft
$265/Sq Ft Est. Value

Last Sold November 26, 2014

Last sale price $325,000 $129 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $4,153/month

104 Days on Market

Highlights

  • Colonial Architecture
  • Corner Lot
  • 2 Car Attached Garage
  • Conant Elementary School Rated A
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of November 2014

REDUCED 50K FOR QUICK SALE...Gorgeous completely remodeled colonial with Bloomfield Hills schools sits on 0.6 acre lot. Newer maple & granite kitchen with stainless steel appliances. Crown molding, hardwood floors, updated bathrooms, newer roof, newer windows, newer paint w/ neutral colors, & the list goes on.. beautiful Florida room. Taxes are non-homestead, will be much lower. Min from the shopping & restaurants. Must see to appreciate this immaculate beauty...

Last Agent to Sell the Property

Nadia Dalou

Max Broock Realtors License #6501293425 Listed on: 07/03/2014

Max Broock Realtors

Last Buyer's Agent

Nadia Dalou

Max Broock Realtors License #6501293425 Listed on: 07/03/2014

Max Broock Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1965 | Remodeled in 2007

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 313 x 162 x 150
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,526 Sq Ft Home
  • 2-Story Property
  • Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • No Home Owners Association
  • Wood Lake Hills No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1920476009

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,135

Year Built

Built in 1965 | Remodeled in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1965
  • Year Renovated: 2007
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 12
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2526
  • Total Sq Ft: 2526
  • Sq Ft Total Bsmt: 810

Exterior Features

  • Waterfront Name: city
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, 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: Bloomfield Hills

Lot Info

  • List Price per Acre: 576500.0000
  • Lot Features: Corner Lot
  • Lot Size Area: 0.60
  • Lot Dimensions: 313 x 162 x 150
  • Parcel Number: 1920476009

Tax Info

  • Tax Amount Summer: 3124.0000
  • Tax Amount Winter: 3011.0000
  • Total Tax: 6135.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2015
Sold by
Sarkis Welson and Sarkis Chanel
Bought by
Sarkis Welson and Sarkis Chanel
Current Estimated Value
$669,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2014
Closed on
Nov 26, 2014
Sold by
Alwan Ghada
Bought by
Sarkis Welson
Seller's Agent
Nadia Dalou
Max Broock Realtors
Buyer's Agent
Nadia Dalou
Max Broock Realtors
List Price
$395,900
Sold Price
$325,000
Premium/Discount to List
-$70,900
-17.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%
Original Mortgage
$292,500
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2011
Sold by
Hasan Marwan A
Bought by
Alwan Ghada

Purchase Details

Closed on
Mar 7, 2011
Sold by
Clissold Peter G and Haack Kathy
Bought by
Hasan Marwan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2002
Sold by
Thomas K Cauley Tr
Bought by
Clissold Peter G
Source: Public Records

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Range of Values:

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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
Sarkis Welson -- Title Solutions Agency Llc
Sarkis Welson $325,000 Ata
Alwan Ghada -- None Available
Hasan Marwan A $275,000 Interstate Title Inc
Clissold Peter G $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarkis Welson $1,315,000
Closed Sarkis Welson $292,000
Closed Sarkis Welson $292,500
Previous Owner Bibi Naser B $100,000
Previous Owner Hasan Marwan A $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2014 11/26/14 Sold $325,000 -17.9% $129 / Sq Ft
10/15/2014 10/15/14 Pending -- -- --
07/03/2014 07/03/14 For Sale $395,900 -- $157 / 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 $5,265 $278,170 $0 $0
2023 $5,022 $230,220 $0 $0
2022 $9,410 $199,300 $0 $0
2021 $9,163 $192,920 $0 $0
2020 $4,426 $195,040 $0 $0
2019 $8,601 $199,560 $0 $0
2018 $8,432 $178,060 $0 $0
2017 $8,301 $169,100 $0 $0
2016 $8,672 $175,900 $0 $0
2015 -- $175,120 $0 $0
2014 -- $152,080 $0 $0
2011 -- $114,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nadia Dalou

    Seller's Agent in 2014

    Nadia Dalou

    Max Broock Realtors

    (248) 738-7100

    9 in this area

    80 Total Sales

    Nadia Dalou
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 214066564

Realcomp

APN: 19-20-476-009

Michigan Oakland County Bloomfield Hills 48302

5430 Forest Way, Bloomfield Hills, MI

This home is located at 5430 Forest Way, Bloomfield Hills, MI 48302 since 03 July 2014 and is currently estimated at $669,341, approximately $264 per square foot. This property was built in 1965. 5430 Forest Way is a home located in Oakland County with nearby schools including Conant Elementary School, South Hills Middle School, and Bloomfield Hills High 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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