NOT LISTED FOR SALE

5563 Lane Lake Ct Bloomfield Hills, MI 48302

Estimated Value: $840,339 - $1,014,000

4 Beds
6 Baths
3,820 Sq Ft
$247/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $637,000 $167 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,854/month

17 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • South Hills Middle School Rated A
  • 3 Car Attached Garage
  • Central Vacuum

About This Home

As of May 2018

Stately and Spacious:
This 3828 sq. ft. Brick Colonial home has been meticulously maintained.
Originally built as a custom home, the floor plan is functional and still relevant. Interior features a spacious eat-in kitchen with island and granite countertops open to the family room. The 4 spacious bedrooms are all upstairs and all have walk-in closets, three full baths upstairs and two lavs on entry level. Marble foyer with a high ceiling and gold plated chandelier entry, mud closet off of attached 3-car garage, 1st-floor laundry, gleaming hardwood floors throughout the first level, custom crown moldings in the Living Room and Dining room, Wayans coating on dining room walls, wet bar in family room. Newer Anderson windows 2016 with transferrable warranty, Hunter Douglas blinds, wet plaster walls, recently repaved driveway. Slightly over half acre lot, just a block from the lake, Bloomfield Hills Schools.

The sellers are the original owners of this home.

Last Agent to Sell the Property

Lain Hanna

Max Broock, REALTORS®-Birmingham License #6501334763 Listed on: 03/29/2018

Max Broock, REALTORS®-Birmingham

Last Buyer's Agent

Lain Hanna

Max Broock, REALTORS®-Birmingham License #6501334763 Listed on: 03/29/2018

Max Broock, REALTORS®-Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1979

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 132 x 191 x 130 x 171

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 3,820 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Gas Fireplace
  • Family Room with Fireplace
  • Partially Finished Basement
  • Natural lighting in basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Peabody Orchards Lakeside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1928201018

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,865

Year Built

Built in 1979

Lot Details

0

Listing Details

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

Interior Features

  • Interior Amenities: Central Vacuum
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 15
  • Total Bedrooms: 4
  • Total Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Daylight, Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Range/Stove
  • Sq Ft Combined: 5409
  • Sq Ft Lower Floor: 1589
  • Total Sq Ft: 3820
  • Sq Ft Total Bsmt: 2179

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 132
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Bloomfield Hills

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1226226.4151
  • Lot Size Area: 0.53
  • Lot Dimensions: 132 x 191 x 130 x 171
  • Parcel Number: 1928201018

Tax Info

  • Tax Amount Summer: 4947.0000
  • Tax Amount Winter: 4918.0000
  • Total Tax: 9865.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2018
Closed on
May 25, 2018
Sold by
Sang H Lee Living Trust
Bought by
Muhic Robert and Muhic Jana
Seller's Agent
Lain Hanna
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Lain Hanna
Max Broock, REALTORS®-Birmingham
List Price
$649,900
Sold Price
$637,000
Premium/Discount to List
-$12,900
-1.98%
Total Days on Market
17
Current Estimated Value
$942,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,085
Avg. Annual Appreciation
5.43%
Original Mortgage
$509,600
Outstanding Balance
$445,314
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$477,864

Purchase Details

Closed on
Jun 17, 2010
Sold by
Lee Sang and Lee Choung Cha
Bought by
Lee Sang and Sang Ii Lee Living Trust
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
Muhic Robert $637,000 None Available
Lee Sang -- None Available
Lee Choung Cha -- None Available
Lee Sang -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muhic Robert $509,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2018 05/25/18 Sold $637,000 -2.0% $167 / Sq Ft
04/15/2018 04/15/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $649,900 0.0% $170 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $649,900 -- $170 / 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 $6,963 $374,100 $0 $0
2023 $7,248 $383,220 $0 $0
2022 $14,869 $398,430 $0 $0
2021 $14,831 $388,180 $0 $0
2020 $7,270 $382,120 $0 $0
2019 $13,954 $375,000 $0 $0
2018 $9,967 $395,650 $0 $0
2017 $9,848 $381,210 $0 $0
2016 $9,865 $391,170 $0 $0
2015 -- $301,420 $0 $0
2014 -- $278,840 $0 $0
2011 -- $231,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218025696

Realcomp

APN: 19-28-201-018