NOT LISTED FOR SALE

7111 Fairhill Rd Bloomfield Hills, MI 48301

Estimated Value: $584,000 - $663,000

4 Beds
3 Baths
1,797 Sq Ft
$351/Sq Ft Est. Value

Last Sold July 23, 2020

Last sale price $416,000 $231 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,730/month

24 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • 2 Car Direct Access Garage
  • Conant Elementary School Rated A
  • Ground Level Unit
  • Porch

About This Home

As of July 2020

Welcome to this sprawling ranch in Bloomfield Hills! Mid Century home that was In Better Homes And Gardens As An "Idea Home" in the 1950s. Fabulous views of the lush property from every room in the home. Great kitchen featuring Sub Zero, Kitchen Aid and Bosch appliances in the gourmet kitchen with tons of cabinets, pullouts, granite counters and a lovely breakfast room. Doorwall to the oversized deck perfect for entertaining. Oversized formal living room with a fireplace. Lower level walkout with an additional bedroom, bathroom and family room. New Pella doorwall in LL, Driveway resurfaced 1 1/2 years ago. Corner lot! Close to all of the amenities of Charming Downtown Franklin and the cider mill. Plus, plus!!!

Last Agent to Sell the Property

Melinda Nagler

Max Broock, REALTORS®-Bloomfield Hills License #6501334038 Listed on: 06/06/2020

Max Broock, REALTORS®-Bloomfield Hills

Last Buyer's Agent

Julie Heidt

KW Metro License #RCO-6501376278

KW Metro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1956

Lot Details

  • 0.85

HOA Fees

  • $10 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,797 Sq Ft Home
  • Finished Basement
  • Walk-Out Basement
  • Attic Fan

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Utilities

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

Additional Features

  • 0.85 Acre Lot
  • Ground Level Unit

Community Details

  • Franklin Woods Manor No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1931451001

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,469

Year Built

Built in 1956

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1956
  • State Equalized Value: 227270.0000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Humidifier
  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Free-Standing Gas Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 2478
  • Sq Ft Lower Floor: 681
  • Total Sq Ft: 1797
  • Sq Ft Total Bsmt: 681

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Exterior Features: Chimney Cap(s), Lighting
  • Foundation Materials: Poured
  • Porch Type: Deck, Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity, Side Entrance
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Attic Fan, 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: 125
  • Association Fee: Yes

Schools

  • School District: Bloomfield Hills

Lot Info

  • Homestead: Yes
  • List Price per Acre: 499882.3529
  • Lot Size Area: 0.85
  • Lot Dimensions: IRREGULAR
  • Parcel Number: 1931451001

Tax Info

  • Tax Amount Summer: 2779.0000
  • Tax Amount Winter: 2690.0000
  • Total Tax: 5469.0000
  • Taxable Value: 146980.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2020
Closed on
Jul 3, 2020
Sold by
Klein Mark L and Klein Linda S
Bought by
Sachs Adam M and Sachs Leah E
Seller's Agent
Melinda Nagler
Max Broock, REALTORS®-Bloomfield Hills
Buyer's Agent
Julie Heidt
KW Metro
List Price
$424,900
Sold Price
$416,000
Premium/Discount to List
-$8,900
-2.09%
Current Estimated Value
$630,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,563
Avg. Annual Appreciation
6.52%
Original Mortgage
$353,600
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 1998
Sold by
Rothstein Ronald M
Bought by
Klein Mark L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
6.98%
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
Sachs Adam M $416,000 Capital Title Ins Agcy Inc
Klein Mark L $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sachs Adam M $353,600
Previous Owner Klein Mark L $238,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2020 07/23/20 Sold $416,000 -2.1% $231 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
06/06/2020 06/06/20 For Sale $424,900 -- $236 / 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 $4,529 $254,560 $0 $0
2023 $4,383 $231,760 $0 $0
2022 $9,052 $242,550 $0 $0
2021 $9,110 $238,020 $0 $0
2020 $2,849 $272,450 $0 $0
2019 $5,469 $257,270 $0 $0
2018 $5,494 $233,800 $0 $0
2017 $5,455 $228,820 $0 $0
2016 $5,465 $223,420 $0 $0
2015 -- $161,450 $0 $0
2014 -- $151,830 $0 $0
2011 -- $128,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200040971

Realcomp

APN: 19-31-451-001