NOT LISTED FOR SALE

5545 Franklin Rd Bloomfield Hills, MI 48301

Estimated Value: $576,000 - $594,397

4 Beds
2 Baths
3,113 Sq Ft
$189/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $489,000 $157 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,489/month

127 Days on Market

Highlights

  • Beach Access
  • Lake Privileges
  • Ground Level Unit
  • Conant Elementary School Rated A
  • Ranch Style House
  • 1 Car Attached Garage

About This Home

As of October 2022

OPEN AND EXPANSIVE RANCH HOME ON OVER AN ACRE IN BEAUTIFUL BLOOMFIELD HILLS. CURRENTLY BEING USED AS A GROUP HOME. THIS HOME HAS ALMOST EVERY HANDICAP ACCESSIBLE FEATURE THAT YOU CAN IMAGINE. EXTRA WIDE HALLWAYS, BATHS AND ALL DOORWAYS. GREAT OPEN FLOOR PLAN WITH ENORMOUS LIVING AREA. THIS HOME HAS WING LAKE PRIVILEGES AND BEACH ACCESS.

Last Agent to Sell the Property

Daniel Beazley

Realty IQ License #6502417730 Listed on: 04/30/2022

Last Buyer's Agent

Silvia Stan

Signature Sotheby's International Realty Bham License #RCO-6501281591

Signature Sotheby's International Realty Bham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1955 | Remodeled in 1993

Lot Details

  • 1.02 Acre Lot
  • Lot Dimensions are 150x289x151x304

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • 3,113 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Full Bathroom
  • Adaptable Bathroom Walls
  • Grip-Accessible Features
  • Accessible Bedroom
  • Accessible Common Area
  • Accessible Kitchen
  • Central Living Area
  • Accessible Hallway
  • Accessible Closets
  • Accessible Doors
  • Accessible Entrance

Outdoor Features

  • Beach Access
  • Lake Privileges
  • Patio

Location

  • Ground Level Unit

Utilities

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

Community Details

  • Forman's Wing Lake Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1929101003

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,292

Year Built

Built in 1955 | Remodeled in 1993

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1955
  • State Equalized Value: 205230.0000
  • Year Renovated: 1993
  • Accessibility Features: Accessible Bedroom, Accessible Central Living Area, Accessible Closets, Accessible Common Area, Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen, Adaptable Bathroom Walls, Central Living Area, Common Area, Grip-Accessible Features
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 3113
  • Total Sq Ft: 3113

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: WING LAKE
  • Foundation Details: Slab
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 150
  • Porch Type: Patio
  • Road Frontage Type: Paved
  • Waterfront Description: Beach Access, Lake Privileges

Garage/Parking

  • Garage Size: 1 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)

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 350
  • Association Fee: Yes

Schools

  • School District: Bloomfield Hills

Lot Info

  • Lot Size Area: 1.02
  • Lot Dimensions: 150X289X151X304
  • Parcel Number: 1929101003

Tax Info

  • Tax Amount Summer: 3699.0000
  • Tax Amount Winter: 3593.0000
  • Total Tax: 7292.0000
  • Taxable Value: 145380.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2022
Closed on
Sep 26, 2022
Sold by
Quarton Real Estate Inc
Bought by
Sivakumar Subburaman and Sivakumar Kimberly
Seller's Agent
Daniel Beazley
Realty IQ
Buyer's Agent
Silvia Stan
Signature Sotheby's International Realty Bham
List Price
$499,000
Sold Price
$489,000
Premium/Discount to List
-$10,000
-2%
Views
16
Current Estimated Value
$587,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,599
Avg. Annual Appreciation
7.01%
Original Mortgage
$391,200
Outstanding Balance
$376,546
Interest Rate
5.13%
Mortgage Type
Balloon
Estimated Equity
$208,674

Purchase Details

Closed on
Feb 28, 2003
Sold by
Shapiro Irving A and Snider Ira L
Bought by
Quarton Real Estate Inc
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
Sivakumar Subburaman $489,000 --
Quarton Real Estate Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sivakumar Subburaman $391,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $489,000 -2.0% $157 / Sq Ft
09/05/2022 09/05/22 Pending -- -- --
08/16/2022 08/16/22 For Sale $499,000 0.0% $160 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
04/30/2022 04/30/22 For Sale $499,000 -- $160 / 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 $2,384 $94,200 $0 $0
2023 $2,388 $94,200 $0 $0
2022 $7,490 $213,960 $0 $0
2021 $7,293 $205,230 $0 $0
2020 $3,523 $200,130 $0 $0
2019 $6,845 $182,540 $0 $0
2018 $6,712 $192,980 $0 $0
2017 $6,607 $190,390 $0 $0
2016 $6,586 $186,220 $0 $0
2015 -- $170,320 $0 $0
2014 -- $149,590 $0 $0
2011 -- $136,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Daniel Beazley

    Seller's Agent in 2022

    Daniel Beazley

    Realty IQ

    (313) 550-4862

    3 in this area

    86 Total Sales

    Daniel Beazley
    Section Image
  • Silvia Stan

    Buyer's Agent in 2022

    Silvia Stan

    Signature Sotheby's International Realty Bham

    (313) 622-6937

    4 in this area

    29 Total Sales

    Silvia Stan
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2220031377

Realcomp

APN: 19-29-101-003

Michigan Oakland County Bloomfield Hills 48301

5545 Franklin Rd, Bloomfield Hills, MI

This home is located at 5545 Franklin Rd, Bloomfield Hills, MI 48301 since 30 April 2022 and is currently estimated at $587,599, approximately $188 per square foot. This property was built in 1955. 5545 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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