NOT LISTED FOR SALE

5530 Putnam Dr West Bloomfield, MI 48323

Estimated Value: $1,034,000 - $1,267,697

4 Beds
3.5 Baths
3,533 Sq Ft
$324/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $800,000 $226 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $7,232/month

438 Days on Market

Highlights

  • Beach Front
  • Boat Facilities
  • Deck
  • Wylie E. Groves High School Rated A+
  • Lake Privileges
  • Contemporary Architecture

About This Home

As of September 2020

*** PRICE REDUCED $200k BELOW MARKET VALUE FOR QUICK SALE AND TO FULLY COVER MODERNIZATION COSTS. LOOKING FOR FULL ASKING PRICE OFFER. *** IF YOU WANT SELLER CONCESSIONS, OFFER OVER ASKING *** SPECTACULAR WEST BLOOMFIELD LAKEFRONT HOME. LOCATED ON WALNUT LAKE BOAT DOCK FACILITIES & BEACH. BIRMINGHAM SCHOOLS. FANTASTIC VIEWS FROM THE MANY WALLS OF WINDOWS FROM THE MASTER SUITE, KITCHEN, DINING ROOM, GREAT ROOM AND FAMILY ROOM. BEAUTIFUL NEWER KITCHEN WITH GRANITE COUNTERS. WALKOUT LOWER LEVEL W/FIREPLACE ADDS 1000 SQ FT GREAT FOR ENTERTAINING.THIS LOWER LEVEL SPACE IS ALMOST ALL ABOVE GROUND AND IS INCLUDED IN THE TOTAL ABOVE GROUND LIVING SPACE AS ARE OTHER HOMES ON PUTNAM. Roof 4 years old, Interior and exterior painting, garage door, carpets, porch and steps are all new in past year.

Last Agent to Sell the Property

Tone Holland

The Holland Realty Group License #6504374547 Listed on: 01/04/2019

Last Buyer's Agent

Rosana Garbacik

Brookstone, Realtors LLC License #6501392253

Brookstone, Realtors LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1991

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 44 x 223 x 53 x 221
  • Beach Front
  • 53 Feet of Waterfront
  • Lake Front

HOA Fees

  • $20 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 3,533 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Water Views
  • Sump Pump
  • Security System Owned

Kitchen

  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Boat Facilities
  • Lake Privileges
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting

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 1825201034

Community Details

Overview

  • Walnut Lk Property Assoc Association
  • Herndon's Walnut Lake Estates Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,711

Year Built

Built in 1991

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Year Built: 1991
  • State Equalized Value: 467960.0000
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Microwave
  • Sq Ft Combined: 3533
  • Total Sq Ft: 3533

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Walnut Lake
  • Waterfront: Yes
  • Foundation Details: Slab
  • Construction Materials: Brick
  • Construction Features: Platted Sub.
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 44
  • Porch Type: Balcony, Deck, Patio
  • Road Frontage Type: Paved
  • Water Frontage Feet: 53.00
  • Waterfront Description: Beach Access, Beach Front, Lake Front, Lake Privileges, Lake/River Priv

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • 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 Frequency: Annually
  • Association Fee: 240
  • Association Contact: WALNUT LK PROPERTY ASSOC
  • Association Fee: Yes

Schools

  • School District: Birmingham

Lot Info

  • List Price per Acre: 5714285.7143
  • Lot Features: Water View
  • Lot Size Area: 0.14
  • Lot Dimensions: 44 x 223 X 53 x 221
  • Parcel Number: 1825201034

Tax Info

  • Tax Amount Summer: 10268.0000
  • Tax Amount Winter: 8443.0000
  • Total Tax: 18711.0000
  • Taxable Value: 378440.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2019
Closed on
Sep 28, 2020
Sold by
Hakim Hani
Bought by
Vaughan Ryan Frank
Seller's Agent
Tone Holland
The Holland Realty Group
Buyer's Agent
Rosana Garbacik
Brookstone, Realtors LLC
List Price
$900,000
Sold Price
$800,000
Premium/Discount to List
-$100,000
-11.11%
Current Estimated Value
$1,144,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,424
Avg. Annual Appreciation
7.64%
Original Mortgage
$640,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2006
Sold by
Hakim Hani and Binno Hanna
Bought by
Hakim Hani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Vaughan Ryan Frank $800,000 First National Title
Hakim Hani -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vaughan Ryan Frank $640,000
Previous Owner Hakim Hani $665,000
Previous Owner Hakim Hani $94,900
Previous Owner Hakim Wadia $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold $800,000 0.0% $226 / Sq Ft
07/26/2020 07/26/20 Price Changed $800,000 -1.2% $226 / Sq Ft
07/19/2020 07/19/20 Price Changed $810,000 -4.7% $229 / Sq Ft
07/10/2020 07/10/20 Price Changed $850,000 -2.9% $241 / Sq Ft
06/25/2020 06/25/20 Price Changed $875,000 -2.8% $248 / Sq Ft
03/25/2020 03/25/20 For Sale $900,000 0.0% $255 / Sq Ft
03/17/2020 03/17/20 Pending -- -- --
01/05/2020 01/05/20 Price Changed $900,000 +0.1% $255 / Sq Ft
11/15/2019 11/15/19 Price Changed $899,000 -0.1% $254 / Sq Ft
10/11/2019 10/11/19 Price Changed $900,000 0.0% $255 / Sq Ft
09/14/2019 09/14/19 Price Changed $899,599 0.0% $255 / Sq Ft
08/17/2019 08/17/19 Price Changed $899,500 +0.1% $255 / Sq Ft
08/05/2019 08/05/19 Price Changed $899,000 -2.8% $254 / Sq Ft
07/05/2019 07/05/19 Price Changed $925,000 -2.6% $262 / Sq Ft
06/28/2019 06/28/19 Price Changed $949,500 -0.1% $269 / Sq Ft
06/18/2019 06/18/19 Price Changed $949,999 +0.1% $269 / Sq Ft
06/14/2019 06/14/19 Price Changed $949,000 -0.1% $269 / Sq Ft
05/31/2019 05/31/19 Price Changed $950,000 0.0% $269 / Sq Ft
05/31/2019 05/31/19 For Sale $950,000 0.0% $269 / Sq Ft
03/15/2019 03/15/19 Rented $4,500 0.0% --
02/28/2019 02/28/19 Off Market $800,000 -- --
02/28/2019 02/28/19 Under Contract -- -- --
02/19/2019 02/19/19 Price Changed $975,000 -0.5% $276 / Sq Ft
01/13/2019 01/13/19 Price Changed $980,000 -89.9% $277 / Sq Ft
01/04/2019 01/04/19 For Sale $9,750,000 0.0% $2,760 / Sq Ft
11/03/2018 11/03/18 For Rent $4,500 +18.4% --
04/01/2015 04/01/15 Rented $3,800 -9.5% --
03/28/2015 03/28/15 Under Contract -- -- --
08/26/2014 08/26/14 For Rent $4,200 +7.7% --
11/05/2012 11/05/12 Rented $3,900 -2.5% --
11/01/2012 11/01/12 Under Contract -- -- --
08/06/2012 08/06/12 For Rent $4,000 -- --
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 $10,688 $616,510 $0 $0
2022 $13,703 $440,000 $247,980 $192,020
2021 $22,438 $425,710 $0 $0
2020 $11,391 $489,990 $247,980 $242,010
2018 $19,120 $467,960 $225,440 $242,520
2015 -- $450,860 $0 $0
2014 -- $391,630 $0 $0
2011 -- $343,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219001332

Realcomp

APN: 18-25-201-034