NOT LISTED FOR SALE

5434 Raintree Ct West Bloomfield, MI 48322

Estimated Value: $484,000 - $572,000

4 Beds
2.5 Baths
2,931 Sq Ft
$177/Sq Ft Est. Value

Last Sold June 20, 2012

Last sale price $150,000 $51 Per Sq Ft

Est. 246% increase in value since last sale

Current estimated payment $3,082/month

157 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • 2 Car Attached Garage
  • Roosevelt Elementary School Rated A-
  • No HOA
  • Forced Air Heating System

About This Home

As of June 2012

Make this your dream home with a little bit of work. Spacious four bedroom colonial. Will not qualify for conventional financing, cash or renovation loan recommended. This is a FannieMae HomePath property. Purchase for as little as 3%down! Appvd for Homepath Renovation Mtg financing. No investor offers until 15 DOM.

Last Agent to Sell the Property

Barbara Keila

Benjamin Management Group, Inc License #6501288233 Listed on: 01/14/2012

Co-Listed By

Diane Hill

Benjamin Management Group, Inc License #6501313012

Last Buyer's Agent

James Toma

Brookstone, Realtors LLC License #6501306536

Brookstone, Realtors LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 85x121

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,931 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Timbers Edge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1833451008
  • $791 Seller Concession

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: YES
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 4378
  • Sq Ft Lower Floor: 1447
  • Total Sq Ft: 2931

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Walled Lake

Lot Info

  • List Price per Acre: 688771.0000
  • Lot Size Area: 0.24
  • Lot Dimensions: 85X121
  • Parcel Number: 1833451008

Tax Info

  • Tax Amount Summer: 6447.0000
  • Tax Amount Winter: 1597.0000
  • Total Tax: 8044.0000

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2012
Closed on
Jun 19, 2012
Sold by
Fannie Mae
Bought by
Foumia Rawad
Seller's Agent
Barbara Keila
Benjamin Management Group, Inc
Buyer's Agent
James Toma
Brookstone, Realtors LLC
List Price
$165,305
Sold Price
$150,000
Premium/Discount to List
-$15,305
-9.26%
Current Estimated Value
$519,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,132
Avg. Annual Appreciation
10.69%
Original Mortgage
$181,389
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 2011
Sold by
Central Mortgage Company
Bought by
Fannie Mae

Purchase Details

Closed on
Mar 22, 2011
Sold by
Khidhir Usama and Mortgage Electronic Registrati
Bought by
Central Mortgage Company

Purchase Details

Closed on
Aug 24, 2009
Sold by
Khidhir Abdel and Khidhir Jenny
Bought by
Khidhir Abdel and Khidhir Jenny

Purchase Details

Closed on
Nov 5, 2003
Sold by
Khidhir Usama
Bought by
Khidhir Abdel and Khidhir Jenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,750
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2003
Sold by
Shaba Menal and Shaba Raja
Bought by
Countrywide Home Loans Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,750
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
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
Fannie Mae -- None Available
Central Mortgage Company $133,925 None Available
Khidhir Abdel -- None Available
Khidhir Abdel -- --
Khidhir Usama $327,500 --
Countrywide Home Loans Inc $304,707 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Foumia Rawad $250,000
Closed Foumia Rawad $288,000
Closed Foumia Rawad $181,389
Previous Owner Khidhir Usama $294,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2012 06/20/12 Sold $150,000 -9.3% $51 / Sq Ft
06/19/2012 06/19/12 Pending -- -- --
01/14/2012 01/14/12 For Sale $165,305 -- $56 / 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 $2,736 $222,210 $0 $0
2022 $2,580 $178,640 $16,850 $161,790
2021 $4,242 $162,660 $0 $0
2020 $2,549 $157,600 $16,850 $140,750
2018 $4,129 $157,530 $16,800 $140,730
2015 -- $134,820 $0 $0
2014 -- $119,930 $0 $0
2011 -- $114,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 212005260

Realcomp

APN: 18-33-451-008