NOT LISTED FOR SALE

580 E Long Lake Rd Bloomfield Hills, MI 48304

Estimated Value: $1,565,000 - $2,540,441

6 Beds
6.5 Baths
5,135 Sq Ft
$392/Sq Ft Est. Value

Last Sold May 09, 2018

Last sale price $3,300,000 $643 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $13,661/month

193 Days on Market

Highlights

  • 1,200 Feet of Waterfront
  • Tennis Courts
  • Wood Burning Stove
  • Eastover Elementary School Rated A
  • 12.99 Acre Lot
  • Ranch Style House

About This Home

As of May 2018

Exclusivity, privacy, and security on this scale rarely become available. This mid-century modern, original Clifford Wright designed home is ripe for renovation, or, with this amount of acreage—this is the largest parcel available in Bloomfield Hills—it is the perfect canvas to build the mansion of your dreams, of a style and size, limited only by your imagination. The striking tree-lined drive off E. Long Lake Rd provides a majestic entryway unlike anything elsewhere in the city. It leads across a quaint bridge to your own private peninsula on Vhay Lake—secluded, yet accessible. The magnitude and scope of this property must be seen first hand to appreciate; come have a look. Listing agent has an ownership interest in the property.

Last Agent to Sell the Property

Shaun Shaya

KW Domain License #6501401956 Listed on: 10/20/2017

KW Domain

Last Buyer's Agent

Stetson Jarbo

@properties Christie's Int'l R.E. Birmingham License #6501368331

@properties Christie's Int'l R.E. Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1957

Lot Details

  • 12.99 Acre Lot
  • 1,200 Feet of Waterfront
  • Lake Front
  • Irregular Lot

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 5,135 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Water Views
  • Security System Owned

Kitchen

  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement

Parking

  • 4 Car Attached Garage
  • Heated Garage

Outdoor Features

  • Tennis Courts
  • Balcony
  • Patio
  • Terrace
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Vhay Lake Association
  • Property is near a ravine

Listing and Financial Details

  • Assessor Parcel Number 1911476007

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,946

Year Built

Built in 1957

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas, Wood Stove
  • Fireplace Locations: Basement, Family Room, Living Room
  • Room Count: 22
  • Total Bedrooms: 6
  • Total Bathrooms: 6.10
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Freezer, Refrigerator, Range/Stove
  • Sq Ft Combined: 6145
  • Sq Ft Lower Floor: 1010
  • Total Sq Ft: 5135
  • Sq Ft Total Bsmt: 4585

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Vhay Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Exclusions: Yes
  • Exterior Features: Tennis Court
  • Foundation Materials: Poured
  • Frontage Feet: 100
  • Porch Type: Balcony, Patio, Terrace
  • Road Frontage Type: Paved
  • Sideof Street: S
  • Water Frontage Feet: 1200.00
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 4 Car
  • Garage Features: Attached, Heated
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), 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: Annually
  • Association Fee: 250
  • Association Contact: Vhay Lake Association
  • Association Fee: Yes

Schools

  • School District: Bloomfield Hills

Lot Info

  • Homestead: Yes
  • List Price per Acre: 328714.3957
  • Lot Features: Hilly-Ravine, Irregular, Water View
  • Lot Size Area: 12.99
  • Lot Dimensions: Irregular
  • Parcel Number: 1911476007

Tax Info

  • Tax Amount Summer: 22811.0000
  • Tax Amount Winter: 4135.0000
  • Total Tax: 26946.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2017
Closed on
May 9, 2018
Sold by
Shaya Robert A and Carole Shaya Revocable Livin E
Bought by
Hanna Izzat
Seller's Agent
Shaun Shaya
KW Domain
Buyer's Agent
Stetson Jarbo
@properties Christie's Int'l R.E. Birmingham
List Price
$4,270,000
Sold Price
$3,300,000
Premium/Discount to List
-$970,000
-22.72%
Current Estimated Value
$2,013,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,286,390
Avg. Annual Appreciation
-6.47%
Original Mortgage
$2,000,000
Outstanding Balance
$1,693,907
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$319,703

Purchase Details

Closed on
Jan 29, 2016
Sold by
Shaya Robert A and Estate Of E Carole Shaya
Bought by
Shaya Robert A and E Carole Shaya Revocable Living Trust

Purchase Details

Closed on
Aug 26, 2010
Sold by
Shaya Carole and Shaya Ezra S
Bought by
Shaya Carole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
3.79%
Mortgage Type
New Conventional
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
Hanna Izzat -- None Available
Shaya Robert A -- None Available
Shaya Carole -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanna Izzat $2,000,000
Previous Owner Shaya Carole $999,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2018 05/09/18 Sold $3,300,000 -22.7% $643 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
10/20/2017 10/20/17 For Sale $4,270,000 -- $832 / 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 $36,069 $994,370 $0 $0
2023 $34,894 $961,080 $0 $0
2022 $46,073 $952,030 $0 $0
2021 $43,829 $950,750 $0 $0
2020 $32,025 $900,970 $0 $0
2019 $41,730 $898,280 $0 $0
2018 $27,379 $903,530 $0 $0
2017 $27,037 $854,640 $0 $0
2016 $26,946 $833,680 $0 $0
2015 -- $809,790 $0 $0
2014 -- $775,050 $0 $0
2011 -- $821,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217095416

Realcomp

APN: 19-11-476-007