NOT LISTED FOR SALE

5555 Shadow Ln Bloomfield Hills, MI 48302

Estimated Value: $468,000 - $1,986,469

1.66 Acres
$819,046 Price per Acre
72,310 Sq Ft Lot

Last Sold October 07, 2020

Last sale price $1,500,000

Est. 9% decrease in value since last sale

Current estimated payment $9,012/month

Highlights

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

About This Lot

As of October 2020

List to Sold Same Day

Last Agent to Sell the Property

Pam Stoler

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

The Agency Hall & Hunter

Last Buyer's Agent

Gerald Blanchette

Blanchette Real Estate, LLC License #RCO

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
  • Road Frontage Type: Paved
  • Water Frontage Feet: 393.00
  • Waterfront Description: Lake Front

Utilities

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

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
Current Estimated Value
$1,359,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$140,383
Avg. Annual Appreciation
-1.90%

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
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 List to Sale Price per Sq Ft
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

  • Pam Stoler

    Seller's Agent in 2020

    Pam Stoler

    The Agency Hall & Hunter

    (248) 840-0044

    16 in this area

    113 Total Sales

    Pam Stoler
    Section Image

  • G

    Buyer's Agent in 2020

    Gerald Blanchette

    Blanchette Real Estate, LLC

See All Agents

Map

Source: Realcomp

MLS Number: 2200083404

Realcomp

APN: 19-28-126-002

Michigan Oakland County Bloomfield Hills 48302

5555 Shadow Ln, Bloomfield Hills, MI

Not Listed for Sale

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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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