NOT LISTED FOR SALE

5531 Franklin Rd Bloomfield Hills, MI 48301

Estimated Value: $872,000 - $1,451,000

5 Beds
4.5 Baths
4,906 Sq Ft
$243/Sq Ft Est. Value

Last Sold June 14, 2012

Last sale price $385,199 $79 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $7,351/month

244 Days on Market

Highlights

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

About This Home

As of June 2012

Make an Offer (SEE AGENT REMARKS for submission, pending offers and access code).REO-BANK OWNED. PROPERTY SOLD "AS IS" WITHOUT REPAIR, WARRANTY OR SELLER DISCLOSURE.The listing Broker and Seller assume no responsibility and make no representations as to availability or accuracy of the property information, photographs, or information depicted and described herein.There is a Web technology fee of $199. See agent remarks for SHOWING.Id:00071968903

Last Listed By

Randal Newhouse

Randy Newhouse Realty License #6501262600 Listed on: 09/01/2011

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 4,906 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Forman's Wing Lake Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1929101002

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: YES
  • Year Built: 1999
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 7
  • Total Bedrooms: 5
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 4906
  • Total Sq Ft: 4906

Exterior Features

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

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached
  • 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

  • Lot Dimensions: 43560
  • Parcel Number: 1929101002

Tax Info

  • Tax Amount Summer: 10267.0000
  • Tax Amount Winter: 10655.0000
  • Total Tax: 20922.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2011
Closed on
May 22, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Cao Jin and Chen Zhifeng
Seller's Agent
Randal Newhouse
Randy Newhouse Realty
Buyer's Agent
Amy Shihua Tian
Community Choice Realty Inc
List Price
$650,000
Sold Price
$385,199
Premium/Discount to List
-$264,801
-40.74%
Total Days on Market
244
Current Estimated Value
$1,191,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$806,291
Avg. Annual Appreciation
9.57%

Purchase Details

Closed on
Oct 5, 2010
Sold by
Christian Charles I and Mortgage Electronic Registrati
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Nov 13, 2007
Sold by
Christian Charles I
Bought by
Novastar Mortgage Inc

Purchase Details

Closed on
Sep 18, 2006
Sold by
Hunter George and Hunter Arlene
Bought by
Christian Charles I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,088,000
Interest Rate
7.85%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 4, 2002
Sold by
Retained Realty Inc
Bought by
Retained Realty Inc

Purchase Details

Closed on
Jun 11, 2001
Sold by
Emigrant Mortgage Co Inc
Bought by
Retained Realty Inc

Purchase Details

Closed on
Nov 7, 2000
Sold by
Arya Kanti
Bought by
Emigrant Mortgage Co Inc

Purchase Details

Closed on
Dec 28, 1999
Sold by
Small Scott
Bought by
Arya Kanti

Purchase Details

Closed on
Feb 1, 1999
Sold by
Cohen Darryl
Bought by
Micallef Joseph

Purchase Details

Closed on
May 19, 1998
Sold by
Micallef Joseph
Bought by
Cohen Darryl

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
Deutsche Bank National Trust Company $1,526,272 None Available
Novastar Mortgage Inc $289,605 None Available
Christian Charles I -- None Available
Retained Realty Inc $650,000 --
Retained Realty Inc -- --
Emigrant Mortgage Co Inc $925,800 --
Arya Kanti $1,070,000 --
Micallef Joseph -- --
Cohen Darryl $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Christian Charles I $1,088,000
Previous Owner Christian Charles I $272,000
Closed Arya Kanti --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2012 06/14/12 Sold $385,199 -40.7% $79 / Sq Ft
05/02/2012 05/02/12 Pending -- -- --
09/01/2011 09/01/11 For Sale $650,000 -- $132 / 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 $8,942 $616,050 $0 $0
2023 $8,653 $571,500 $0 $0
2022 $16,262 $548,470 $0 $0
2021 $16,145 $512,670 $0 $0
2020 $7,914 $489,030 $0 $0
2019 $15,192 $464,420 $0 $0
2018 $15,261 $454,250 $0 $0
2017 $15,152 $443,070 $0 $0
2016 $15,180 $426,250 $0 $0
2015 -- $389,160 $0 $0
2014 -- $388,210 $0 $0
2011 -- $376,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 211093140

Realcomp

APN: 19-29-101-002