NOT LISTED FOR SALE

5925 Franklin Rd Bloomfield Hills, MI 48301

Estimated Value: $740,000 - $952,000

4 Beds
2.5 Baths
3,000 Sq Ft
$299/Sq Ft Est. Value

Last Sold February 04, 2021

Last sale price $700,000 $233 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,531/month

Highlights

  • 125 Feet of Waterfront
  • Dock Facilities
  • Bi-Level Home
  • Conant Elementary School Rated A
  • Lake Privileges
  • Jetted Tub in Primary Bathroom

About This Home

As of February 2021

SPECTACULAR WING LAKE HOME SITUATED ON 1 ACRE OF PROPERTY. OVER 100' OF LAKE FRONTAGE WITH GREAT PANORAMIC VIEWS. THIS WELL PRICED PROPERTY WOULD BE A WONDERFUL OPPORTUNITY TO RENOVATE OR TO BUILD A NEW PRESTIGIOUS WING LAKE HOME. THIS CURRENT HOME FEATURES 4 LARGE BEDROOMS, UPDATED KITCHEN AND LAKEVIEWS FROM ALL LEVELS INCLUDING 2 TIER DECK. WALKOUT LOWER LEVEL IS COMPLETE WITH GREAT ROOM, BEDROOM AND BATH THAT LEADS OUT TO PRIVATE DECK WITH LAKE VIEWS. 3 CAR GARAGE IS A BONUS FOR PLENTY OF STORAGE. BLOOMFIELD HILLS SCHOOLS. EZ ACCESS TO DOWNTOWN, AIRPORTS AND HOSPITALS.

Last Agent to Sell the Property

Ernie Gavrilides

Real Estate One License #6501348603 Listed on: 01/09/2021

Real Estate One

Last Buyer's Agent

Ernie Gavrilides

Real Estate One License #6501348603 Listed on: 01/09/2021

Real Estate One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1976

Lot Details

  • 0.99 Acre Lot
  • Lot Dimensions are 220 x 269 x 58x 270
  • 125 Feet of Waterfront
  • Lake Front

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Bi-Level Home
  • Split Level Home
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 3,000 Sq Ft Home
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Water Views
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • ENERGY STAR Qualified Dryer
  • ENERGY STAR Qualified Washer

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Seawall
  • Dock Facilities
  • Lake Privileges
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1929151023

Community Details

Overview

  • Wing Lake Association

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,747

Year Built

Built in 1976

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch, Split Level
  • Architecture Level: Bi-Level
  • Year Built: 1976
  • State Equalized Value: 367790.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Jetted Tub, Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room, Great Room
  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, ENERGY STAR® qualified dryer, Microwave, Free-Standing Electric Range, Free-Standing Refrigerator, ENERGY STAR® qualified washer
  • Sq Ft Combined: 4500
  • Sq Ft Lower Floor: 1500
  • Total Sq Ft: 3000
  • Sq Ft Total Bsmt: 2000

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: WING LAKE
  • Waterfront: Yes
  • Foundation Details: Basement, Slab
  • Construction Materials: Brick, Wood
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 220
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved
  • Water Frontage Feet: 125.00
  • Waterfront Description: Direct Water Frontage, Lake Front, Lake Privileges, Water Front, Lake/River Priv

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Basement Access, Direct Access, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 250
  • Association Contact: WING LAKE ASSOCIATION
  • Association Fee: Yes

Schools

  • School District: Bloomfield Hills

Lot Info

  • Homestead: Yes
  • List Price per Acre: 848484.8485
  • Lot Features: Water View
  • Lot Size Area: 0.99
  • Lot Dimensions: 220 x 269 x 58x 270
  • Parcel Number: 1929151023

Tax Info

  • Tax Amount Summer: 3985.0000
  • Tax Amount Winter: 3762.0000
  • Total Tax: 7747.0000
  • Taxable Value: 209490.0000

Multi Family

  • Waterfront Features: Dock Facilities, Sea Wall

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2021
Closed on
Jan 4, 2021
Sold by
Swartz Michael and The Marian A Kuhlman Revocable
Bought by
Lakhani Sanjay and Lakhani Ami
Seller's Agent
Ernie Gavrilides
Real Estate One
Buyer's Agent
Ernie Gavrilides
Real Estate One
List Price
$840,000
Sold Price
$700,000
Premium/Discount to List
-$140,000
-16.67%
Current Estimated Value
$896,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,688
Avg. Annual Appreciation
4.71%
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
Lakhani Sanjay $700,000 Ata National Title Group Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2021 02/04/21 Sold $700,000 -16.7% $233 / Sq Ft
01/13/2021 01/13/21 For Sale $840,000 0.0% $280 / Sq Ft
01/10/2021 01/10/21 Pending -- -- --
01/09/2021 01/09/21 For Sale $840,000 -- $280 / 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 $9,292 $367,090 $0 $0
2023 $8,872 $350,000 $0 $0
2022 $18,108 $359,060 $0 $0
2021 $8,130 $386,060 $0 $0
2020 $3,985 $367,790 $0 $0
2019 $7,650 $357,460 $0 $0
2018 $7,685 $345,450 $0 $0
2017 $7,630 $342,950 $0 $0
2016 $7,645 $338,020 $0 $0
2015 -- $314,120 $0 $0
2014 -- $261,700 $0 $0
2011 -- $184,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210001367

Realcomp

APN: 19-29-151-023