NOT LISTED FOR SALE

5540 Franklin Rd Bloomfield Hills, MI 48301

Estimated Value: $819,000 - $1,110,000

3 Beds
2.5 Baths
3,435 Sq Ft
$279/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $875,000 $255 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,052/month

8 Days on Market

Highlights

  • Built-In Refrigerator
  • Deck
  • Furnished
  • Conant Elementary School Rated A
  • Ranch Style House
  • No HOA

About This Home

As of May 2023

Sophisticated Custom Built Ranch Home situated on a .89 acre lot in a sought-after area, this 3BR/4BA, ~3,500sqft contemporary stuns with impeccable landscaping, a circular driveway, Brazilian cherry wood flooring, an open floor plan, abundant natural light, and a spacious living room with triple-tray ceilings and a fireplace. Inspired by urban design, the gourmet kitchen dazzles with custom lacquered cabinetry, premium Dacor appliances, enormous pantry, breakfast bar, and granite counters. Boasting a perimeter of mature trees and greenery, the private backyard impresses with a custom paver patio and room for customization. Cheerful and relaxing, the light and bright primary bedroom includes ample closet space and a large en suite. Other features: 3-car garage, whole home generator, tankless water heater, partially finished basement w/potential for 4th bedroom and plumbed for the 4th bathroom, near shopping and Bloomfield Hills Schools, and much more! Call for a tour! I.D.R.B.N.G

Last Agent to Sell the Property

Renee Lossia Acho

KW Domain License #6501305857 Listed on: 04/06/2023

KW Domain

Co-Listed By

Tushar Vakhariya

KW Domain License #6501279268

KW Domain

Last Buyer's Agent

Tushar Vakhariya

KW Domain License #RCO-6501279268

KW Domain

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2002

Lot Details

  • 0.89 Acre Lot
  • Lot Dimensions are 147x264

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 3,435 Sq Ft Home
  • Central Vacuum
  • Furnished
  • Furnished or left unfurnished upon request
  • Gas Fireplace
  • Living Room with Fireplace
  • Partially Finished Basement
  • Basement Window Egress
  • Security System Owned
  • Washer

Kitchen

  • Double Convection Oven
  • Electric Cooktop
  • Down Draft Cooktop
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Whole House Permanent Generator
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 1930228006

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,260

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 2002
  • State Equalized Value: 431280.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Humidifier, Furnished - Yes, Furnished - Negotiable, Central Vacuum, High Spd Internet Avail, Security Alarm (owned), Cable Available, Egress Window(s)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Partially Finished
  • Kitchen Appliances: Built-In Refrigerator, Convection Oven, Dishwasher, Disposal, Double Oven, Down Draft, Electric Cooktop, Microwave, Washer
  • Sq Ft Combined: 3935
  • Sq Ft Lower Floor: 500
  • Total Sq Ft: 3435
  • Sq Ft Total Bsmt: 3435

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Whole House Generator, Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 147
  • Porch Type: Deck, Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Bloomfield Hills

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.89
  • Lot Dimensions: 147x264
  • Parcel Number: 1930228006

Tax Info

  • Tax Amount Summer: 6782.0000
  • Tax Amount Winter: 6478.0000
  • Total Tax: 13260.0000
  • Taxable Value: 355320.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
May 15, 2023
Sold by
Ruth A Cooley Trust
Bought by
Yousif Patrick and Akrawe Silvy
Seller's Agent
Renee Lossia Acho
KW Domain
Buyer's Agent
Tushar Vakhariya
KW Domain
List Price
$899,000
Sold Price
$875,000
Premium/Discount to List
-$24,000
-2.67%
Views
100
Current Estimated Value
$957,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,808
Avg. Annual Appreciation
4.36%
Original Mortgage
$850,000
Outstanding Balance
$825,958
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$131,850

Purchase Details

Closed on
Feb 2, 2004
Sold by
Cooley Gordon W and Cooley Ruth A
Bought by
Cooley Ruth A and Ruth A Cooley Trust

Purchase Details

Closed on
Sep 24, 2001
Sold by
Al-Najjar Mufid B
Bought by
Cooley Gordon W
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
Yousif Patrick $875,000 None Listed On Document
Cooley Ruth A -- --
Cooley Gordon W $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yousif Patrick $850,000
Previous Owner Cooley Gordon $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $875,000 -2.7% $255 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $899,000 -- $262 / 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 $8,841 $475,000 $0 $0
2023 $7,056 $512,190 $0 $0
2022 $13,260 $431,280 $0 $0
2021 $13,165 $461,880 $0 $0
2020 $6,454 $483,010 $0 $0
2019 $12,387 $456,330 $0 $0
2018 $12,444 $441,370 $0 $0
2017 $12,355 $422,930 $0 $0
2016 $12,378 $404,280 $0 $0
2015 -- $371,930 $0 $0
2014 -- $366,780 $0 $0
2011 -- $289,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Renee Lossia Acho

    Seller's Agent in 2023

    Renee Lossia Acho

    KW Domain

    (248) 310-1414

    92 in this area

    360 Total Sales

    Renee Lossia Acho
    Section Image
  • Tushar Vakhariya

    Seller Co-Listing Agent in 2023

    Tushar Vakhariya

    KW Domain

    (248) 302-3921

    99 in this area

    400 Total Sales

    Tushar Vakhariya
    Section Image
  • Alvin Pattah

    Buyer Co-Listing Agent in 2023

    Alvin Pattah

    Townsend Realty LLC

    (248) 807-2360

    5 in this area

    39 Total Sales

    Alvin Pattah
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230023078

Realcomp

APN: 19-30-228-006

Michigan Oakland County Bloomfield Hills 48301

5540 Franklin Rd, Bloomfield Hills, MI

This home is located at 5540 Franklin Rd, Bloomfield Hills, MI 48301 since 06 April 2023 and is currently estimated at $957,808, approximately $278 per square foot. This property was built in 2002. 5540 Franklin Rd is a home located in Oakland County with nearby schools including Conant Elementary School, South Hills Middle School, and Bloomfield Hills High School.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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