NOT LISTED FOR SALE

559 Cambridge Way Bloomfield Hills, MI 48304

Estimated Value: $725,000 - $778,000

3 Beds
2.5 Baths
2,742 Sq Ft
$662/mo HOA Fee

Last Sold July 31, 2019

Last sale price $616,000 $225 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,141/month

26 Days on Market

Highlights

  • On Golf Course
  • Home fronts a pond
  • Colonial Architecture
  • Eastover Elementary School Rated A
  • Outdoor Pool
  • Clubhouse

About This Home

As of July 2019

This lovely Cambridge Village unit sits upon a gorgeous green well inside this sub. The model is the "Lancaster" sought after main floor master suite. This unit "shows" beautifully w/many upgrades from the base model. Enjoy beautiful course views from 2 enlarged rebuilt decks. Finished LL w/rec room, large shop area and sleeping area w/bath. This is clearly a "move in" ready property located close to the Heathers Club w/ fine dining.

Last Agent to Sell the Property

M. Michael Cotter

Max Broock, REALTORS®-Birmingham License #6501095723 Listed on: 05/31/2019

Max Broock, REALTORS®-Birmingham

Last Buyer's Agent

Jessica Chang

Real Estate One-Rochester License #RCO-6501392038

Real Estate One-Rochester

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1991

Lot Details

  • Home fronts a pond
  • On Golf Course
  • Private Entrance

HOA Fees

  • $662 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2,742 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Awning
  • Living Room with Fireplace
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Gazebo

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1902478063

Community Details

Overview

  • Mcshane & Associates Association, Phone Number (248) 855-6492
  • Cambridge Village Occpn 535 Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Community Pool
  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,031

Year Built

Built in 1991

Lot Details

0

HOA Fees

$662 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement, Living Room
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Refrigerator, Range/Stove
  • Total Sq Ft: 2742

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: ISLAND
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Awning/Overhang(s), Club House, Gazebo, Grounds Maintenance, Lighting, Pool – Community, Private Entry, Tennis Court
  • Foundation Materials: Poured
  • Porch Type: Deck, Patio, Porch - Covered
  • Road Frontage Type: Gravel
  • Waterfront Description: Pond

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity
  • 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)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: (248)855-6492
  • Association Fee: 662
  • Association Contact: McShane & Associates
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • Lot Features: Golf Community, On Golf Course (Golf Frontage)
  • Parcel Number: 1902478063

Tax Info

  • Tax Amount Summer: 3562.0000
  • Tax Amount Winter: 3469.0000
  • Total Tax: 7031.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2019
Closed on
Jul 31, 2019
Sold by
Hothem James E
Bought by
Kim Andrew and Kim Ji Young
Seller's Agent
M. Michael Cotter
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Jessica Chang
Real Estate One-Rochester
List Price
$629,000
Sold Price
$616,000
Premium/Discount to List
-$13,000
-2.07%
Current Estimated Value
$747,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,145
Avg. Annual Appreciation
3.10%
Original Mortgage
$400,000
Outstanding Balance
$351,044
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$396,101

Purchase Details

Closed on
Feb 17, 2017
Sold by
Hothem Beverly J
Bought by
Hothem James E

Purchase Details

Closed on
Jul 13, 1995
Sold by
Vacca Joseph A
Bought by
Hothem James E and Hothem Beverly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.59%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Kim Andrew $616,000 None Available
Hothem James E -- None Available
Hothem James E $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Andrew $400,000
Previous Owner Hothem James E $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2019 07/31/19 Sold $616,000 -2.1% $225 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $629,000 -- $229 / 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 $6,392 $365,340 $0 $0
2023 $6,186 $332,270 $0 $0
2022 $11,624 $311,490 $0 $0
2021 $11,691 $305,470 $0 $0
2020 $7,486 $304,690 $0 $0
2019 $7,000 $278,370 $0 $0
2018 $7,033 $263,530 $0 $0
2017 $6,982 $257,830 $0 $0
2016 $6,996 $251,540 $0 $0
2015 -- $216,100 $0 $0
2014 -- $199,640 $0 $0
2011 -- $166,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    M. Michael Cotter

    Max Broock, REALTORS®-Birmingham

    Section Image

  • J

    Buyer's Agent in 2019

    Jessica Chang

    Real Estate One-Rochester

    (213) 905-9232

    19 Total Sales

    Jessica Chang
    Section Image
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Map

Source: Realcomp

MLS Number: 219051635

Realcomp

APN: 19-02-478-063

Michigan Oakland County Bloomfield Hills 48304

559 Cambridge Way, Bloomfield Hills, MI

Not Listed for Sale

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
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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