NOT LISTED FOR SALE

5437 Lahser Rd Bloomfield Hills, MI 48304

Estimated Value: $668,000 - $1,058,771

4 Beds
4 Baths
4,043 Sq Ft
$221/Sq Ft Est. Value

Last Sold May 08, 2020

Last sale price $431,000 $107 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $5,665/month

49 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • No HOA
  • South Hills Middle School Rated A
  • Ground Level Unit
  • Stainless Steel Appliances

About This Home

As of May 2020

Wonderful opportunity to own a BANK OWNED colonial in the highly sought after Rudgate subdivision in the City of Bloomfield Hills. Bring your decorating ideas. This stately home is nestled on a sizeable lot, surrounded by beautiful mature trees & landscaping. The hardwood floors and light filled spaces will leave you impressed. The eat-in kitchen features granite countertops & backsplash, stainless steel appliances & a quaint breakfast nook. This home offers multiple living & entertaining spaces that include a spacious family room with a fireplace, a large living room, finished basement, and inground pool.

Last Agent to Sell the Property

Christian Grothe

Max Broock, REALTORS®-Birmingham License #6501329715 Listed on: 01/22/2020

Max Broock, REALTORS®-Birmingham

Last Buyer's Agent

Joanne Haberman

Max Broock, REALTORS®-Birmingham License #RCO-6501407695

Max Broock, REALTORS®-Birmingham

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967

Lot Details

  • 0.99 Acre Lot
  • Lot Dimensions are 162x168x255x275

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 4,043 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Finished Basement
  • Sump Pump
  • Attic Fan

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Patio
  • Porch

Location

  • Ground Level Unit

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Rudgate No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1922351008

Home Details

Home Type

Single Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1967
  • State Equalized Value: 340110.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 13
  • Total Bedrooms: 4
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Microwave, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Stainless Steel Appliance(s)
  • Sq Ft Combined: 5043
  • Sq Ft Lower Floor: 1000
  • Total Sq Ft: 4043
  • Sq Ft Total Bsmt: 1600

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Pool - Inground
  • Foundation Materials: Poured
  • Frontage Feet: 162
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Attic Fan, Central Air
  • Heating: Baseboard
  • 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

  • Homestead: Yes
  • List Price per Acre: 504949.4949
  • Lot Size Area: 0.99
  • Lot Dimensions: 162x168x255x275
  • Parcel Number: 1922351008

Tax Info

  • Tax Amount Summer: 9511.0000
  • Tax Amount Winter: 1950.0000
  • Total Tax: 11461.0000
  • Taxable Value: 318240.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2021
Sold by
Yan Cheng
Bought by
Yan Cheng Family Trust
Current Estimated Value
$893,590

Purchase Details

Closed on
Oct 24, 2020
Sold by
Lansing 730 Edgemont Llc
Bought by
Cheng Yan

Purchase Details

Closed on
Sep 23, 2020
Sold by
Cheng Yan
Bought by
Lansing 730 Edgemont Llc

Purchase Details

Listed on
Jan 22, 2020
Closed on
May 8, 2020
Sold by
Property Management Advisors Inc
Bought by
Cheng Yan
Seller's Agent
Christian Grothe
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Joanne Haberman
Max Broock, REALTORS®-Birmingham
List Price
$519,900
Sold Price
$431,000
Premium/Discount to List
-$88,900
-17.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.19%

Purchase Details

Closed on
Feb 19, 2019
Sold by
Efros Theodore R
Bought by
Property Management Advisors Inc

Purchase Details

Listed on
Nov 25, 2014
Closed on
Feb 20, 2015
Sold by
Mahoney Daniel J and Mahoney Suzanne
Bought by
Efros Theodore
Seller's Agent
Cathy Purdy
Berkshire Hathaway HS MI R E Grand Blanc
Buyer's Agent
Mirs Staff
MiRealSource Michigan MLS
List Price
$477,700
Sold Price
$460,000
Premium/Discount to List
-$17,700
-3.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$322,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 3, 2007
Sold by
Countrywide Bank Na
Bought by
Emc Mortgage Corporation

Purchase Details

Closed on
Aug 8, 2006
Sold by
Mortgage Electronic Registration Systems
Bought by
Countrywide Wide Bank Na

Purchase Details

Closed on
Aug 1, 2006
Sold by
Barri Ray
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Oct 18, 2005
Sold by
Raftis Nicholas C
Bought by
Barri Ray Abed Ali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 13, 2005
Sold by
Mortgage Electronic Registration Systems
Bought by
Deutsche Bank National Trust Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 6, 2005
Sold by
Raftis Nicholas C
Bought by
Mortgage Electronic Registration Systems

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Yan Cheng Family Trust -- Michigan Land Title
Cheng Yan -- None Available
Lansing 730 Edgemont Llc -- None Available
Cheng Yan $431,000 Vanguard Title Company
Property Management Advisors Inc $109,907 None Available
Efros Theodore $460,000 Fidelity Natl Title Co Llc
Emc Mortgage Corporation -- E Title Agency Inc
Countrywide Wide Bank Na -- None Available
Mortgage Electronic Registration Systems $1,007,289 None Available
Barri Ray Abed Ali $1,200,000 American Premier Title
Deutsche Bank National Trust Co -- --
Mortgage Electronic Registration Systems $720,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheng Yan $274,000
Previous Owner Efros Theodore $322,000
Previous Owner Efros Theodore $92,000
Previous Owner Barri Ray $960,000
Previous Owner Raftis Nicholas C $741,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Sold $431,000 -13.8% $107 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
02/14/2020 02/14/20 Price Changed $499,900 -3.8% $124 / Sq Ft
01/22/2020 01/22/20 For Sale $519,900 +13.0% $129 / Sq Ft
02/20/2015 02/20/15 Sold $460,000 -3.7% $114 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
11/24/2014 11/24/14 For Sale $477,700 -- $118 / 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 $8,759 $335,450 $0 $0
2023 $8,349 $308,840 $0 $0
2022 $9,653 $303,470 $0 $0
2021 $10,827 $300,070 $0 $0
2020 $11,526 $353,940 $0 $0
2019 $11,357 $340,110 $0 $0
2018 $11,388 $318,500 $0 $0
2017 $11,280 $310,870 $0 $0
2016 $11,099 $301,690 $0 $0
2015 -- $271,500 $0 $0
2014 -- $239,260 $0 $0
2011 -- $231,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200005890

Realcomp

APN: 19-22-351-008