NOT LISTED FOR SALE

5555 Shadow Ln Bloomfield Hills, MI 48302

Estimated Value: $1,711,000 - $1,980,000

1.66 Acres
$1,108,025 Price per Acre
72,310 Sq Ft Lot

Last Sold October 07, 2020

Last sale price $1,500,000

Est. 23% increase in value since last sale

Current estimated payment $12,030/month

Highlights

  • 393 Feet of Waterfront
  • South Hills Middle School Rated A
  • Seawall

About This Lot

As of October 2020

List to Sold Same Day

Last Listed By

Pam Stoler

The Agency Hall & Hunter License #6501218278 Listed on: 10/07/2020

The Agency Hall & Hunter

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 1.66 Acre Lot
  • Lot Dimensions are 150x97x393x374
  • 393 Feet of Waterfront
  • Lake Front

Listing and Financial Details

  • Assessor Parcel Number 1928126002

Community Details

Overview

  • Shadow Acre Estates Subdivision

Recreation

  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$8,935

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 224120.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Gilbert Lake
  • Waterfront: Yes
  • Frontage Feet: 150
  • Road Frontage Type: Paved
  • Water Frontage Feet: 393.00
  • Waterfront Description: Lake Front

Utilities

  • Sewer: Sewer-Sanitary
  • Water Source: Municipal Water

Schools

  • School District: Bloomfield Hills

Lot Info

  • List Price per Acre: 903614.4578
  • Lot Size Area: 1.66
  • Lot Dimensions: 150x97x393x374
  • Parcel Number: 1928126002
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 4560.0000
  • Tax Amount Winter: 4375.0000
  • Total Tax: 8935.0000
  • Taxable Value: 185590.0000

Multi Family

  • Waterfront Features: Sea Wall

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Oct 1, 2020
Sold by
Waddington Investment Properties Llc
Bought by
Karp David and Karp Judith
Seller's Agent
Pam Stoler
The Agency Hall & Hunter
Buyer's Agent
Gerald Blanchette
Blanchette Real Estate, LLC
Sold Price
$1,500,000
Total Days on Market
0
Current Estimated Value
$1,839,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,322
Avg. Annual Appreciation
4.53%

Purchase Details

Closed on
Dec 16, 2016
Sold by
Billmeyer Billmeyer D and Billmeyer Janice Schwartz
Bought by
Waddington Investment Properties Llc

Purchase Details

Closed on
Jun 25, 2013
Sold by
Michaels Linda T
Bought by
Billmeyer D Christopher and Billmeyer Janice Schwartz

Purchase Details

Closed on
Oct 24, 2006
Sold by
Barbour William L and Hogan Tyrone A
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Sep 1, 2004
Sold by
Baker Brian D
Bought by
Barbour William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2003
Sold by
Pak Moon J and Pak Shin J
Bought by
Baker Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$855,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Properties in Bloomfield Hills, MI

  • 42 Beresford Ct, Bloomfield Hills, MI 48304

    $1,499,000

    • Land
    • 2.02 Acres
    • $742,079 per Acre
    • 42 Beresford Ct
    • Bloomfield Hills, MI

    Nestled within a serene cul-de-sac, this 2.02-acre property offers the perfect canvas for your next home. With ample space to design and build, this exceptional lot invites endless possibilities for creating your vision.Ideally located near the prestigious Cranbrook Schools campus, this property combines the tranquility of a private setting with proximity to world-class education. Just a

    Dan Gutfreund Signature Sotheby's International Realty Bham

    Section Image
  • 0000 Franklin Rd, Bloomfield Hills, MI 48302

    $1,899,000

    • Land
    • 1.89 Acres
    • $1,004,762 per Acre
    • 0000 Franklin Rd
    • Bloomfield Hills, MI

    Incredible opportunity to build your dream home with spectacular views of Lower Long Lake. 242 feet of waterfront with a dock. 1.89 acres with additional acreage in riparian rights. Sale includes two lots. The lakefront property ID is 1917276040. Bloomfield Hills Schools. Please do not walk the properties without an appointment.

    Lora Kazanjian Max Broock, REALTORS®-Birmingham

    Section Image

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
Karp David -- First American Title
Waddington Investment Properties Llc -- None Available
Billmeyer D Christopher -- None Available
Mortgage Electronic Registration Systems $998,847 None Available
Barbour William $1,012,000 Liberty Title Ins Agency Inc
Baker Brian D -- Liberty Title Ins Agency Inc
Baker Brian $1,140,000 Land Title Of Michigan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barbour William $875,000
Previous Owner Baker Brian $855,000
Closed Barbour William $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2020 10/07/20 Sold $1,500,000 -- --
10/07/2020 10/07/20 Pending -- -- --
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 $21,987 $868,590 $0 $0
2023 $5,871 $231,620 $0 $0
2022 $11,178 $224,120 $0 $0
2021 $11,243 $224,120 $0 $0
2020 $4,560 $224,120 $0 $0
2019 $8,860 $224,120 $0 $0
2018 $8,687 $224,120 $0 $0
2017 $8,552 $224,120 $0 $0
2016 $8,525 $224,120 $0 $0
2015 -- $224,120 $0 $0
2014 -- $169,450 $0 $0
2011 -- $183,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2200083404

Realcomp

APN: 19-28-126-002