NOT LISTED FOR SALE

559 Cambridge Way Bloomfield Hills, MI 48304

Estimated Value: $726,000 - $767,000

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. 22% increase in value since last sale

Current estimated payment $5,166/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
  • Room Count: 12
  • 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
  • Sq Ft Combined: 4661
  • Sq Ft Lower Floor: 1919
  • Total Sq Ft: 2742
  • Sq Ft Total Bsmt: 1919

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

Schools

  • School District: Bloomfield Hills

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
$752,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,066
Avg. Annual Appreciation
4.43%
Original Mortgage
$400,000
Interest Rate
3.8%
Mortgage Type
New Conventional

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:

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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 $388,000
Closed Kim Andrew $400,000
Closed Hothem James E $290,000
Previous Owner Hothem James B $94,000
Previous Owner Hothem $100,000
Previous Owner Hothem James E $198,900
Previous Owner Hothem James E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

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Map

Source: Realcomp

MLS Number: 219051635

Realcomp

APN: 19-02-478-063