NOT LISTED FOR SALE

5625 Forman Dr Bloomfield Hills, MI 48301

Estimated Value: $1,409,516 - $1,763,000

4 Beds
3.5 Baths
4,321 Sq Ft
$360/Sq Ft Est. Value

Last Sold July 24, 2017

Last sale price $855,000 $198 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $9,536/month

33 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Dock Facilities
  • Deck
  • Conant Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Contemporary Architecture

About This Home

As of July 2017

75 FEET OF FRONTAGE ON WING LAKE. WONDERFUL SOUTHERN EXPOSURE AND ELEVATED VIEWS MAKE THIS A DESIRABLE SETTING. NICELY WOODED LOT FOR THAT UP NORTH FEELING. SPRAWLING CALIFORNIA CONTEMPORARY STYLE RANCH WITH A VERY OPEN FLOOR PLAN. 4 BEDROOMS, 3.5 BATHS, 4 FIREPLACES. HEATED 3 CAR GARAGE. ELECTRIC MOTORS ONLY ON WING LAKE, COULD BE SANDY BEACH. LOT IS IRREGULAR (DOG-LEGS RIGHT TOWARD LAKE).RENOVATE THIS UNIQUE PROPERTY OR BUILD YOUR DREAM HOME. BLOOMFIELD HILLS SCHOOLS AND MAILING ADDRESS.

Last Agent to Sell the Property

Michael Bailey

Baileys Home Collection LLC License #6502340918 Listed on: 05/07/2017

Baileys Home Collection LLC

Co-Listed By

Gail Bailey

Baileys Home Collection LLC License #6501217311

Last Buyer's Agent

Michael Bailey

Baileys Home Collection LLC License #RCO-6502340918

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1959 | Remodeled in 1989

Lot Details

  • 0.86 Acre Lot
  • Lot Dimensions are 75 x 400
  • 75 Feet of Waterfront
  • Lake Front
  • Irregular Lot
  • Wooded Lot

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Poured Concrete
  • Asphalt Roof
  • Chimney Cap
  • Cedar

Interior Spaces

  • 4,321 Sq Ft Home
  • Wet Bar
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Water Views
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement
  • Crawl Space

Parking

  • 3 Car Direct Access Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Dock Facilities
  • Boat Facilities
  • Deck
  • Covered patio or porch
  • Exterior Lighting

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 1929151010

Community Details

Overview

  • No Home Owners Association
  • Forman's Wing Lake Sub Subdivision
  • Property is near a ravine

Amenities

  • Community Barbecue Grill

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,904

Year Built

Built in 1959 | Remodeled in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary, Ranch
  • Architecture Level: 1 Story
  • Year Built: 1959
  • Year Renovated: 1989
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Security Alarm (owned), Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas, Natural
  • Fireplace Locations: Basement, Dining Room, Living Room, Primary Bedroom
  • Room Count: 16
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Trash Compactor, Washer
  • Sq Ft Combined: 5171
  • Sq Ft Lower Floor: 850
  • Total Sq Ft: 4321
  • Sq Ft Total Bsmt: 1490

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Wing Lake
  • Waterfront: Yes
  • Foundation Details: Basement, Crawl
  • Construction Materials: Brick, Cedar
  • Exterior Features: BBQ Grill, Chimney Cap(s), Lighting
  • Foundation Materials: Block, Poured
  • Frontage Feet: 60
  • Porch Type: Deck, Porch - Covered
  • Road Frontage Type: Gravel
  • Water Frontage Feet: 75.00
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity, Heated, Side Entrance
  • 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: No

Schools

  • School District: Bloomfield Hills

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1104534.8837
  • Lot Features: Hilly-Ravine, Irregular, Water View, Wooded
  • Lot Size Area: 0.86
  • Lot Dimensions: 75 X 400
  • Parcel Number: 1929151010

Tax Info

  • Tax Amount Summer: 7366.0000
  • Tax Amount Winter: 7538.0000
  • Total Tax: 14904.0000

Multi Family

  • Waterfront Features: Boat Facilities, Dock Facilities

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2024
Sold by
Pothen Kurian and Pothen Pila
Bought by
Mirro James A and Mirro Loretta
Current Estimated Value
$1,556,379

Purchase Details

Closed on
May 28, 2024
Sold by
Pothen Kurian and Pothen Premila
Bought by
Pothen Kurian and Pothen Premila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.09%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 25, 2023
Sold by
Pothen Kurian and Pothen Premila
Bought by
Pothen Kurian and Pothen Kurian

Purchase Details

Listed on
May 7, 2017
Closed on
Jul 24, 2017
Sold by
Picau Roger B
Bought by
Pothen Kurian and Pothen Premila
Seller's Agent
Michael Bailey
Baileys Home Collection LLC
Buyer's Agent
Michael Bailey
Baileys Home Collection LLC
List Price
$949,900
Sold Price
$855,000
Premium/Discount to List
-$94,900
-9.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%
Original Mortgage
$684,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2007
Sold by
Piceu Jacqueline
Bought by
Piceu Roger B
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
Mirro James A $1,477,000 Devon Title Agency
Pothen Kurian -- None Listed On Document
Pothen Kurian -- None Listed On Document
Pothen Kurian -- Fidelity National Title
Piceu Roger B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pothen Kurian $350,000
Previous Owner Pothen Kurian $650,000
Previous Owner Pothen Kurian $684,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2017 07/24/17 Sold $855,000 -10.0% $198 / Sq Ft
06/09/2017 06/09/17 Pending -- -- --
05/07/2017 05/07/17 For Sale $949,900 -- $220 / 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 $10,793 $579,880 $0 $0
2023 $10,551 $567,770 $0 $0
2022 $19,828 $531,310 $0 $0
2021 $19,741 $524,300 $0 $0
2020 $9,677 $509,960 $0 $0
2019 $18,575 $500,050 $0 $0
2018 $19,139 $500,000 $0 $0
2017 $14,664 $631,040 $0 $0
2016 $14,905 $622,700 $0 $0
2015 -- $579,870 $0 $0
2014 -- $484,870 $0 $0
2011 -- $353,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217036647

Realcomp

APN: 19-29-151-010