NOT LISTED FOR SALE

5705 Forman Dr Bloomfield Hills, MI 48301

Estimated Value: $1,413,000 - $2,018,000

4 Beds
4 Baths
3,433 Sq Ft
$524/Sq Ft Est. Value

Last Sold September 10, 2019

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

Est. 21% increase in value since last sale

Current estimated payment $11,117/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
Total Days on Market
9
Current Estimated Value
$1,800,144

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
3.57%

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

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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
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
Previous Owner Robbins Jeffrey A $0
Previous Owner Robbins Jeffrey A $250,000
Previous Owner Robbins Jeffrey A $391,000
Previous Owner Robbins Jeffrey A $402,000
Previous Owner Robbins Jeffrey A $417,000
Previous Owner Robbins Jefffrey A $250,000
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

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Map

Source: Realcomp

MLS Number: 219083101

Realcomp

APN: 19-29-151-018