$2,875,000
SOLD SEP 23, 2021

5700 Pontiac Trail Orchard Lake, MI 48323

5 Beds
7 Baths
7,177 Sq Ft
2.66 Acres

Recently Sold

$401 Per Sq Ft

4% Below List Price

13 Days on Market

Highlights

  • 145 Feet of Waterfront
  • Tennis Courts
  • Built-In Refrigerator
  • Walled Lake Central High School Rated A-
  • Spa
  • 2.66 Acre Lot

About This Home

As of March 2022

Contemporary Waterfront Estate in Orchard Lake! Picturesquely nestled on a blissful 2.66-acre lot with 145’ of water frontage, this 5BR/6BA, 11,398sqft entertainment-ready home conveys a distinctly luxe vibe with unique architectural styling, an organically flowing floorplan, soaring ceilings, floor-to-ceiling windows, tons of scintillating natural light, crisp color scheme, impressive skylights, custom glass staircases, an expansive great room with intoxicating lake views, and a gourmet kitchen featuring top-of-the-line stainless-steel appliances and premium finishes. Explore to discover the magnificent master bedroom, which has a sizeable closet and an en suite with a jetted soaking tub, chic glass enclosed shower, and dual sinks. Other features: attached 4-car garage, surround sound, alarm system, central vacuum, hot tub, wet bar, near shopping and dining, and much more! Get all the advantages and start living the good life today. Call now to secure a private tour! I.D.R.B.N.G.

Last Agent to Sell the Property

Tushar Vakhariya

KW Domain License #6501279268 Listed on: 09/02/2021

KW Domain

Last Buyer's Agent

John Kay

RE/MAX Classic License #RCO-6501226960

RE/MAX Classic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1995

Lot Details

  • 2.66 Acre Lot
  • Lot Dimensions are 160.00x692.00
  • 145 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Sprinkler System

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Poured Concrete

Interior Spaces

  • 7,177 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Sound System
  • Gas Fireplace
  • Awning
  • Great Room with Fireplace
  • Stacked Washer and Dryer

Kitchen

  • Double Oven
  • Free-Standing Electric Oven
  • Gas Cooktop
  • Built-In Refrigerator
  • Free-Standing Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Jetted Tub in Primary Bathroom

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Fireplace in Basement
  • Basement Window Egress

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors

Parking

  • 4 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Tennis Courts
  • Balcony
  • Deck
  • Covered patio or porch
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Dehumidifier
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1816376007

Community Details

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,747

Year Built

Built in 1995

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1995
  • State Equalized Value: 1671800.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Carbon Monoxide Alarm(s), Central Vacuum, De-Humidifier, Egress Window(s), High Spd Internet Avail, Jetted Tub, Programmable Thermostat, Security Alarm (owned), Sound System, Spa/Hot-tub, Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement, Great Room, Primary Bedroom
  • Room Count: 24
  • Total Bedrooms: 5
  • Total Bathrooms: 5.20
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Dryer, Free-Standing Electric Oven, Free-Standing Freezer, Gas Cooktop, Washer, Washer/Dryer Stacked
  • Sq Ft Combined: 11398
  • Sq Ft Lower Floor: 4221
  • Total Sq Ft: 7177
  • Sq Ft Total Bsmt: 4221

Exterior Features

  • Waterfront Name: Upper Straits Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Tennis Court, Awning/Overhang(s), Lighting
  • Foundation Materials: Block, Poured
  • Frontage Feet: 156
  • Porch Type: Balcony, Porch - Covered, Deck, Patio, Porch, Patio - Covered
  • Road Frontage Type: Paved, Private
  • Water Frontage Feet: 145.00
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 4 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 100
  • Association Fee: Yes

Schools

  • School District: Walled Lake

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s)
  • Lot Size Area: 2.66
  • Lot Dimensions: 160.00X692.00
  • Parcel Number: 1816376007

Tax Info

  • Tax Amount Summer: 37323.0000
  • Tax Amount Winter: 1424.0000
  • Total Tax: 38747.0000
  • Taxable Value: 1284270.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
Mar 13, 2022
Sold by
Akash Rachmale
Bought by
Garmo Mehsen and Garmo Sihar
Seller's Agent
Tushar Vakhariya
KW Domain
Buyer's Agent
Tushar Vakhariya
KW Domain
List Price
$3,500,000
Sold Price
$3,100,000
Premium/Discount to List
-$400,000
-11.43%
Total Days on Market
13
Current Estimated Value
$3,272,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,807
Avg. Annual Appreciation
1.94%
Original Mortgage
$300,000
Outstanding Balance
$282,839
Interest Rate
3.76%
Mortgage Type
FHA
Estimated Equity
$3,020,710

Purchase Details

Listed on
Sep 2, 2021
Closed on
Sep 23, 2021
Sold by
Dua Veena and Dua Prem
Bought by
Rachmale Akash
Seller's Agent
Tushar Vakhariya
KW Domain
Buyer's Agent
John Kay
RE/MAX Classic
List Price
$2,999,999
Sold Price
$2,875,000
Premium/Discount to List
-$124,999
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.59%
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 Type Sale Price Title Company
Warranty Deed $3,100,000 First American Title
Warranty Deed $2,875,000 First American Title
Interfamily Deed Transfer -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 FHA
Open $1,500,000 New Conventional
Previous Owner $915,165 Unknown
Previous Owner $1,000,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $3,100,000 -11.4% $432 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $3,500,000 +21.7% $488 / Sq Ft
09/23/2021 09/23/21 Sold $2,875,000 -4.2% $401 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $2,999,999 -- $418 / 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 $44,606 $1,610,170 $0 $0
2023 $43,285 $1,573,650 $0 $0
2022 $45,627 $1,653,540 $0 $0
2021 $38,860 $1,671,800 $0 $0
2020 $36,975 $1,661,260 $0 $0
2019 $37,859 $1,591,810 $0 $0
2018 $38,135 $1,530,130 $0 $0
2017 $36,505 $1,511,670 $0 $0
2016 $36,337 $1,475,900 $0 $0
2015 -- $1,349,450 $0 $0
2014 -- $1,253,780 $0 $0
2011 -- $1,129,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tushar Vakhariya

    Seller's Agent in 2022

    Tushar Vakhariya

    KW Domain

    (248) 302-3921

    6 in this area

    403 Total Sales

    Tushar Vakhariya
    Section Image

  • J

    Buyer's Agent in 2021

    John Kay

    RE/MAX of Southeast Michigan

    (248) 926-9412

    1 in this area

    17 Total Sales

    John Kay
    Section Image

  • J

    Buyer's Agent in 2021

    John Kucish

    RE/MAX Classic

See All Agents

Map

Source: Realcomp

MLS Number: 2210072199

Realcomp

APN: 18-16-376-007

Michigan Oakland County Orchard Lake

5700 Pontiac Trail, Orchard Lake, MI

This home is located at 5700 Pontiac Trail, Orchard Lake, MI 48323 and is currently priced at $2,875,000, approximately $400 per square foot. This property was built in 1995. 5700 Pontiac Trail is a home located in Oakland County with nearby schools including Walnut Creek Middle School, Walled Lake Central High School, and The Susan And Rabbi Harold Loss Ecc.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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