NOT LISTED FOR SALE

588 Cherry Ct Birmingham, MI 48009

Estimated Value: $2,463,000 - $3,712,000

5 Beds
8 Baths
4,676 Sq Ft
$678/Sq Ft Est. Value

Last Sold December 11, 2023

Last sale price $3,080,000 $659 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $21,658/month

171 Days on Market

Highlights

  • New Construction
  • No HOA
  • 2 Car Attached Garage
  • Pierce Elementary School Rated A
  • Balcony
  • Forced Air Heating System

About This Home

As of December 2023

Sales price was actually $3,125,000 but master closets and basement bar were removed / left blank. Cash deal, sale with NO basement bar or master closets $3.08M.
Introducing 588 Cherry Court, an incredibly rare new construction in Birmingham. Built by Lynch Custom Homes and designed by award winning Jeffrey King Interiors, this unicorn property offers unparalleled features! Nestled directly in downtown Birmingham, it's walkable to everything yet maintains extreme privacy. The home boasts one of the largest lots in the neighborhood, spacious backyard with lot coverage available for a pool and cabana house., and it has an in-home elevator to every level. A two-car front entry attached garage creates a floor plan of perfection and symmetry beaming with natural light with a large open great-room inclusive of dining and a study trimmed in sophisticated Weldwork metal and glass door walls. This home boasts a Gourmet Kitchen with an attached Scullery to be used as a morning and prep kitchen next to the walk-in pantry designed by John Morgan himself, built by Perspectives, the finest in custom cabinetry. Large primary suite with two massive dressing rooms. 5 bedroom en-suites, 3 powder rooms, a 3rd floor loft space with bar and rooftop balcony, fully finished lower level with gym etc. This custom home has impeccable design, flow, and functionality throughout and is intentionally crafted for a private, yet walkable Birmingham lifestyle in one of the most coveted locations in the city!

Last Agent to Sell the Property

James Danley

KW Domain License #6501368879 Listed on: 06/22/2023

KW Domain

Last Buyer's Agent

Katherine Broock

Max Broock, REALTORS®-Birmingham License #6501240456

Max Broock, REALTORS®-Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60.00 x 116.00

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Metal Roof

Interior Spaces

  • 4,676 Sq Ft Home
  • 3-Story Property
  • Family Room with Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Additional Features

  • Balcony
  • Ground Level

Community Details

  • No Home Owners Association
  • Assr's Plat No 1 Birmingham Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 1936152013

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,798

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Level: 3 Story
  • Warranty: Yes
  • Year Built: 2023
  • State Equalized Value: 267150.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Family Room
  • Room Count: 20
  • Total Bedrooms: 5
  • Total Bathrooms: 5.30
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 5976
  • Sq Ft Lower Floor: 1300
  • Total Sq Ft: 4676
  • Sq Ft Total Bsmt: 1300

Exterior Features

  • Roof Material: Asphalt, Metal
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Construction Features: New Construction
  • Foundation Materials: Poured
  • Frontage Feet: 60
  • Porch Type: Balcony
  • Road Frontage Type: Paved
  • Sideof Street: W

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Birmingham

Lot Info

  • Lot Size Area: 0.19
  • Lot Dimensions: 60.00 x 116.00
  • Parcel Number: 1936152013

Tax Info

  • Tax Amount Summer: 6857.0000
  • Tax Amount Winter: 941.0000
  • Total Tax: 7798.0000
  • Taxable Value: 193950.0000

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Dec 8, 2023
Sold by
Djl1 Llc
Bought by
Farber Jeffrey
Seller's Agent
James Danley
KW Domain
Buyer's Agent
Katherine Broock
Max Broock, REALTORS®-Birmingham
List Price
$3,500,000
Sold Price
$3,080,000
Premium/Discount to List
-$420,000
-12%
Views
343
Current Estimated Value
$3,171,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,865
Avg. Annual Appreciation
3.58%

Purchase Details

Listed on
May 24, 2021
Closed on
Jun 8, 2021
Sold by
Wells Richard D and Wells Linda A
Bought by
Djl1 Llc
Seller's Agent
Kathy Wilson
Berkshire Hathaway HomeServices Kee Realty Bham
Buyer's Agent
James Danley
KW Domain
List Price
$550,000
Sold Price
$575,000
Premium/Discount to List
$25,000
4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
95.16%

Purchase Details

Closed on
Nov 2, 2016
Sold by
Wells Richard D and Wells Linda A
Bought by
Wells Richard D and Wells Linda A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Farber Jeffrey $3,080,000 None Listed On Document
Djl1 Llc $575,000 Devon Title Agency
Wells Richard D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Djl 1 Llc $1,400,000
Previous Owner Wells Richard D $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2023 12/11/23 Sold $3,080,000 -3.7% $659 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
11/01/2023 11/01/23 Price Changed $3,199,900 -8.6% $684 / Sq Ft
06/22/2023 06/22/23 For Sale $3,500,000 +508.7% $749 / Sq Ft
06/08/2021 06/08/21 Sold $575,000 +4.5% $303 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $550,000 -- $290 / 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 $49,082 $1,439,700 $0 $0
2023 $24,193 $621,240 $0 $0
2022 $14,129 $273,990 $0 $0
2021 $7,798 $267,150 $0 $0
2020 $6,948 $250,670 $0 $0
2019 $7,863 $245,560 $0 $0
2018 $7,803 $242,180 $0 $0
2017 $7,789 $238,410 $0 $0
2016 $7,804 $226,840 $0 $0
2015 -- $208,710 $0 $0
2014 -- $176,520 $0 $0
2011 -- $171,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221034699

Realcomp

APN: 19-36-152-013