NOT LISTED FOR SALE

5531 Lane Lake Ct Bloomfield Hills, MI 48302

Estimated Value: $908,893 - $1,097,000

4 Beds
5 Baths
3,907 Sq Ft
$254/Sq Ft Est. Value

Last Sold May 23, 2018

Last sale price $650,000 $166 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $6,185/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • No HOA
  • South Hills Middle School Rated A
  • Corner Lot
  • 3 Car Direct Access Garage

About This Home

As of May 2018

Enjoy this open, soft contemporary layout situated on over 1/2 acre lot in Peabody Orchard Estates. Home offers over 3900 sq. ft. with an additional 1400+ in finished lower level. Living space with generous size rooms on 1st/2nd levels. Award wining schools: Way elementary, Bloomfield Hills middle, Bloomfield high schools and close to Cranbrook and Detroit Country Day. Flowing floor plan great for entertaining.

Last Listed By

Julie Pulte

Berkshire Hathaway HomeServices Kee Realty Bham License #6501288186 Listed on: 03/08/2018

Berkshire Hathaway HomeServices Kee Realty Bham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1979

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 155x172
  • Corner Lot

Home Design

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

Interior Spaces

  • 3,907 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Liquid Propane Gas Water Heater

Community Details

  • No Home Owners Association
  • Peabody Orchards Lakeside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1928201017

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,955

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial, Contemporary
  • Architecture Level: 2 Story
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Humidifier
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room, Living Room
  • Room Count: 15
  • Total Bedrooms: 4
  • Total Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Washer
  • Sq Ft Combined: 5491
  • Sq Ft Lower Floor: 1584
  • Total Sq Ft: 3907
  • Sq Ft Total Bsmt: 1584

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Foundation Materials: Poured
  • Frontage Feet: 155
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Side Entrance, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: LP Gas/Propane
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: LP Gas/Propane
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Bloomfield Hills

Lot Info

  • Homestead: Yes
  • Lot Features: Corner Lot
  • Lot Size Area: 0.61
  • Lot Dimensions: 155x172
  • Parcel Number: 1928201017

Tax Info

  • Tax Amount Summer: 4505.0000
  • Tax Amount Winter: 4450.0000
  • Total Tax: 8955.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2022
Sold by
Arcori Frank A and Arcori Lisa D
Bought by
Arcori Frank A and Arcori Frank A
Total Days on Market
6
Current Estimated Value
$994,223

Purchase Details

Listed on
Mar 8, 2018
Closed on
May 23, 2018
Sold by
Billes Bruce and Amended Bruce Billes Revocable
Bought by
Arcori Frank and Arcori Lisa
Seller's Agent
Julie Pulte
Berkshire Hathaway HomeServices Kee Realty Bham
Buyer's Agent
Frank Arcori
Fox Realty, LLC
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Original Mortgage
$520,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Arcori Frank A -- --
Arcori Frank $650,000 Devon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arcori Frank A $661,500
Previous Owner Arcori Frank $111,400
Previous Owner Arcori Frank A $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2018 05/23/18 Sold $650,000 0.0% $166 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $650,000 -- $166 / 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 $7,441 $399,750 $0 $0
2023 $7,752 $409,860 $0 $0
2022 $15,350 $426,630 $0 $0
2021 $14,715 $402,440 $0 $0
2020 $7,213 $411,910 $0 $0
2019 $13,812 $371,180 $0 $0
2018 $8,974 $359,360 $0 $0
2017 $8,961 $346,830 $0 $0
2016 $8,926 $355,540 $0 $0
2015 -- $275,250 $0 $0
2014 -- $253,350 $0 $0
2011 -- $209,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218018995

Realcomp

APN: 19-28-201-017