NOT LISTED FOR SALE

5574 Shadow Ln Bloomfield Hills, MI 48302

Estimated Value: $2,310,000 - $2,686,226

3 Beds
3 Baths
2,497 Sq Ft
$1,000/Sq Ft Est. Value

Last Sold May 11, 2016

Last sale price $342,000 $137 Per Sq Ft

Est. 630% increase in value since last sale

Current estimated payment $15,394/month

9 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Patio
  • South Hills Middle School Rated A
  • 2 Car Attached Garage
  • Shed

About This Home

As of May 2016

BUILDERS DREAM PROPERTY, GREAT INVESTMENT! SERENE, WOODED, PRIVATE .95 ACRE LOT ACROSS FROM GILBERT LAKE. LOCATED IN THE HEART OF SHADOW ACRE ESTATES. RENOVATE OR BUILD YOUR DREAM HOME. AWARD WINNING BLOOMFIELD HILLS SCHOOLS; WAY, BH MIDDLE, BH HIGH SCHOOL. OTHER ROOM IN THE ROOM DIMENSIONS IS AN ADDITION BATHROOM/DRESSING ROOM.

Last Agent to Sell the Property

Julie Schaffer

Temporary Inactive Users License #6501298790 Listed on: 03/28/2016

Last Buyer's Agent

Donna McManus

Howard Hanna Birmingham License #6501187414

Howard Hanna Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1955

Lot Details

  • 0.95 Acre Lot
  • Lot Dimensions are 231 x 213 x 232 x 168

Home Design

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

Interior Spaces

  • 2,497 Sq Ft Home
  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Shadow Acre Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1928103004

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,468

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1955
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room, Great Room
  • Room Count: 12
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Sq Ft Combined: 2497
  • Total Sq Ft: 2497

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 213
  • Porch Type: Patio
  • Road Frontage Type: Gravel

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • 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: 400000.0000
  • Lot Size Area: 0.95
  • Lot Dimensions: 231 X 213 X 232 X 168
  • Parcel Number: 1928103004

Tax Info

  • Tax Amount Summer: 2737.0000
  • Tax Amount Winter: 2731.0000
  • Total Tax: 5468.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2024
Sold by
Ghabsha Ahmad and Salman Fatima
Bought by
Fatima Salman Revocable Living Trust and Salman
Current Estimated Value
$2,498,113

Purchase Details

Listed on
Mar 28, 2016
Closed on
May 11, 2016
Sold by
Birger Carolyn
Bought by
Ghabsha Ahmad and Salman Fatima
Seller's Agent
Julie Schaffer
Temporary Inactive Users
Buyer's Agent
Donna McManus
Howard Hanna Birmingham
List Price
$380,000
Sold Price
$342,000
Premium/Discount to List
-$38,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.80%

Purchase Details

Listed on
Feb 12, 2015
Closed on
Mar 5, 2015
Sold by
Holmes Michael S
Bought by
Birger Carolyn
Seller's Agent
Katayoon Sowerby
Real Estate One Chesterfield
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$350,000
Sold Price
$364,000
Premium/Discount to List
$14,000
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.15%

Purchase Details

Closed on
Nov 16, 2014
Sold by
Holmes Michael S
Bought by
Holmes Robert F

Purchase Details

Closed on
Oct 5, 2012
Sold by
Holmes Robert F
Bought by
Holmes Robert F and Holmes Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,600
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2012
Sold by
Holmes Michael S
Bought by
Holmes Robert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,600
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2007
Sold by
Holmes Robert F and Holmes Florence
Bought by
Holmes Robert F and Holmes Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 1997
Sold by
Holmes Robert F
Bought by
Holmes Robert F

Purchase Details

Closed on
Jun 13, 1995
Sold by
Rebone William F
Bought by
Holmes Robert F and Holmes Florence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Fatima Salman Revocable Living Trust -- None Listed On Document
Ghabsha Ahmad $342,000 None Available
Birger Carolyn $364,000 Greco Title Agency Llc
Holmes Robert F -- None Available
Holmes Robert F -- None Available
Holmes Robert F -- None Available
Holmes Robert F -- Crossroads Title
Holmes Robert F -- --
Holmes Robert F $278,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holmes Robert F $200,600
Previous Owner Holmes Robert F $210,000
Previous Owner Holmes Robert F $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2016 05/11/16 Sold $342,000 -10.0% $137 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $380,000 +4.4% $152 / Sq Ft
03/06/2015 03/06/15 Sold $364,000 +4.0% $146 / Sq Ft
02/21/2015 02/21/15 Pending -- -- --
02/12/2015 02/12/15 For Sale $350,000 -- $140 / 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 $25,794 $1,678,570 $0 $0
2023 $24,961 $1,599,540 $0 $0
2022 $46,908 $1,464,330 $0 $0
2021 $46,858 $1,455,710 $0 $0
2020 $25,727 $1,375,380 $0 $0
2019 $41,636 $1,118,940 $0 $0
2018 $8,559 $170,830 $0 $0
2017 $3,452 $65,830 $0 $0
2016 $7,635 $185,890 $0 $0
2015 -- $144,440 $0 $0
2014 -- $138,760 $0 $0
2011 -- $133,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216028432

Realcomp

APN: 19-28-103-004