NOT LISTED FOR SALE

5705 Forman Dr Bloomfield Hills, MI 48301

Estimated Value: $1,414,000 - $1,973,120

4 Beds
4 Baths
3,433 Sq Ft
$499/Sq Ft Est. Value

Last Sold September 10, 2019

Last sale price $1,485,000 $433 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,176/month

9 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Fireplace in Primary Bedroom
  • Jetted Tub in Primary Bathroom
  • Conant Elementary School Rated A
  • Contemporary Architecture
  • 2 Car Attached Garage

About This Home

As of September 2019

ARCHITECTURAL GEM. Don Paul Young designed in 1958.COMPLETELY RENOVATED in 2003 by YOUNG & YOUNG. CUSTOM MID-CENTURY Modern w 80 feet LAKEFRONT on WING LAKE. Gourmet POGGENPOHL rift-cut oak kitchen w/honed black absolute GRANITE & CARRERA marble island. Stainless Steel appliances,SUB-ZERO,DOMBRACHT fixtures. FLOOR TO CEILING KAWNEER windows w/views to the LAKE from almost all rooms. One of a kind MASTER
SUITE features floor to ceiling windows w/ gorgeous lake views, custom designed walnut platform bed & closets, HEATED FLOORS, limestone vanity & bath. Recently refinished WALNUT WIDE PLANK flooring thru out the home. BLUESTONE ENTRY,FOYER & HALL. The FINEST materials add to the SOPHISTICATION.Professionally landscaped.CUSTOM WALKOUT lower level with full kitchen. FABULOUS home for ENTERTAINING with the finest amenities, skylites, & 3 fireplaces. Multi-level aggregate patio & stairs. New furnaces 2019. BROCK vinyl dock. Kayaks included. BLOOMFIELD HILLS SCHOOLS.
Joel Lerman Builder.

Last Agent to Sell the Property

Linda Singer

Max Broock Realtors License #6501287431 Listed on: 08/14/2019

Max Broock Realtors

Last Buyer's Agent

Linda Singer

Max Broock Realtors License #6501287431 Listed on: 08/14/2019

Max Broock Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1958 | Remodeled in 2003

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 80x343x80x339
  • 80 Feet of Waterfront
  • Lake Front

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 3,433 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Ceiling Fan
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Security System Leased

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Full Bathrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Forman's Wing Lake Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1929151018

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,889

Year Built

Built in 1958 | Remodeled in 2003

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Year Built: 1958
  • Year Renovated: 2003
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Air Purifier, Cable Available, Intercom, Jetted Tub, Security Alarm (rented), Sound System
  • Fireplace: Yes
  • Fireplace Locations: Family Room, Living Room, Primary Bedroom
  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 5233
  • Sq Ft Lower Floor: 1800
  • Total Sq Ft: 3433
  • Sq Ft Total Bsmt: 2142

Exterior Features

  • Waterfront Name: wING lAKE
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 80
  • Porch Type: Patio
  • Road Frontage Type: Gravel
  • Water Frontage Feet: 80.00
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 300
  • Association Fee: Yes

Schools

  • School District: Bloomfield Hills

Lot Info

  • Homestead: Yes
  • List Price per Acre: 2173913.0435
  • Lot Size Area: 0.69
  • Lot Dimensions: 80x343x80x339
  • Parcel Number: 1929151018

Tax Info

  • Tax Amount Summer: 7036.0000
  • Tax Amount Winter: 6853.0000
  • Total Tax: 13889.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2020
Sold by
Lippitt Michael Robert and Lippitt Sandy Lynn
Bought by
Lippitt Michael R and Michael R Lippitt Agreement Of
Current Estimated Value
$1,713,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$358,544
Interest Rate
3.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,461,398

Purchase Details

Listed on
Aug 14, 2019
Closed on
Sep 10, 2019
Sold by
Robbins Jeffrey A and Robbins Shirley G
Bought by
Lippitt Michael Robert and Lippitt Sandra Lynn
Seller's Agent
Linda Singer
Max Broock Realtors
Buyer's Agent
Linda Singer
Max Broock Realtors
List Price
$1,500,000
Sold Price
$1,485,000
Premium/Discount to List
-$15,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.42%

Purchase Details

Closed on
Sep 29, 2000
Sold by
Thomas A Kenney Tr
Bought by
Robbins Jeffrey A

Purchase Details

Closed on
Oct 12, 1999
Sold by
Kenney Thomas A
Bought by
Thomas A Kenney Tr

Purchase Details

Closed on
Jan 18, 1996
Sold by
Chave Grant C
Bought by
High Scope Educational
Source: Public Records

Range of Values:

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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
Lippitt Michael R -- Title First Agency
Lippitt Michael Robert $1,485,000 None Available
Robbins Jeffrey A $1,050,000 --
Thomas A Kenney Tr -- --
High Scope Educational $530,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lippitt Michael R $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2019 09/10/19 Sold $1,485,000 -1.0% $433 / Sq Ft
08/23/2019 08/23/19 Pending -- -- --
08/14/2019 08/14/19 For Sale $1,500,000 -- $437 / 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 $13,227 $784,030 $0 $0
2023 $12,800 $747,980 $0 $0
2022 $24,055 $694,070 $0 $0
2021 $23,882 $660,710 $0 $0
2020 $10,963 $576,280 $0 $0
2019 $13,825 $581,230 $0 $0
2018 $13,888 $565,440 $0 $0
2017 $13,789 $561,910 $0 $0
2016 $13,815 $554,710 $0 $0
2015 -- $518,000 $0 $0
2014 -- $426,930 $0 $0
2011 -- $335,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Linda Singer

    Seller's Agent in 2019

    Linda Singer

    Max Broock Realtors

    (248) 752-4211

    5 in this area

    43 Total Sales

    Linda Singer
    Section Image
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Map

Source: Realcomp

MLS Number: 219083101

Realcomp

APN: 19-29-151-018

Michigan Oakland County Bloomfield Hills 48301

5705 Forman Dr, Bloomfield Hills, MI

This home is located at 5705 Forman Dr, Bloomfield Hills, MI 48301 since 14 August 2019 and is currently estimated at $1,713,530, approximately $499 per square foot. This property was built in 1958. 5705 Forman Dr is a home located in Oakland County with nearby schools including Conant Elementary School, South Hills Middle School, and Bloomfield Hills High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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