NOT LISTED FOR SALE

901 Ridgewood Rd Bloomfield Hills, MI 48304

Estimated Value: $2,698,000 - $4,811,000

5 Beds
8 Baths
6,648 Sq Ft
$549/Sq Ft Est. Value

Last Sold April 15, 2015

Last sale price $1,500,000 $226 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $23,984/month

108 Days on Market

Highlights

  • Tennis Courts
  • 2.6 Acre Lot
  • Terrace
  • Way Elementary School Rated A
  • Tudor Architecture
  • No HOA

About This Home

As of April 2015

6,648 +/- Square Foot Elegant Estate Home on 2.6 +/- acres in the most prestigious area of Bloomfield Hills! Built in 1925 and renovated in 1999, the estate includes Five (5) bedrooms, Six (6) full baths, Two (2) lavs, a 3,181 +/- Square Foot finished basement, elevator, central vacuum system, intercom system, chefs kitchen, service kitchen, grand staircase, private guest quarters, a walkout terrace and tennis courts. A unique 2.6 +/- acre parcel that cannot be replicated!

Last Agent to Sell the Property

Mark Kassab

James M Galbraith License #6501127238 Listed on: 12/05/2014

Last Buyer's Agent

Mark Kassab

James M Galbraith License #6501127238 Listed on: 12/05/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1921 | Remodeled in 1999

Lot Details

  • 2.6 Acre Lot
  • Lot Dimensions are 203 x 703 x 294 x 710

Home Design

  • Tudor Architecture
  • Block Foundation
  • Wood Shingle Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 6,648 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Bar Fridge
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Security System Leased

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Walk-Out Basement
  • Sump Pump
  • Fireplace in Basement

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Tennis Courts
  • Balcony
  • Patio
  • Terrace
  • Exterior Lighting

Utilities

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

Community Details

  • No Home Owners Association
  • Oak Knob Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1922101006

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,367

Year Built

Built in 1921 | Remodeled in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Tudor
  • Architecture Level: 2 Story
  • Year Built: 1921
  • Year Renovated: 1999
  • Foundation Features: Sump Pump
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Central Vacuum, Elevator/Lift, Intercom, Security Alarm (rented), Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement, Family Room, Great Room, Living Room
  • Total Bedrooms: 5
  • Total Bathrooms: 6.20
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Walkout Access
  • Kitchen Appliances: Bar Fridge, Dishwasher, Disposal, Freezer, Microwave, Refrigerator, Range/Stove
  • Total Sq Ft: 6648

Exterior Features

  • Roof Material: Wood (Cedar)
  • Foundation Details: Basement
  • Construction Materials: Stone, Stucco
  • Exterior Features: Lighting, Tennis Court
  • Foundation Materials: Block
  • Porch Type: Balcony, Patio, Terrace
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Door Opener, Electricity
  • 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: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 615000.0000
  • Lot Size Area: 2.60
  • Lot Dimensions: 203 x 703 x 294 x 710
  • Parcel Number: 1922101006

Tax Info

  • Tax Amount Summer: 24564.0000
  • Tax Amount Winter: 4803.0000
  • Total Tax: 29367.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2014
Closed on
Apr 15, 2015
Sold by
Mlv Investments Llc
Bought by
Lauer Kelly D and Lauer Trevor F
Seller's Agent
Mark Kassab
James M Galbraith
Buyer's Agent
Mark Kassab
James M Galbraith
List Price
$1,599,000
Sold Price
$1,500,000
Premium/Discount to List
-$99,000
-6.19%
Current Estimated Value
$3,646,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,146,935
Avg. Annual Appreciation
8.73%

Purchase Details

Closed on
Nov 12, 2014
Sold by
Independent Bank
Bought by
Mlv Investments Llc

Purchase Details

Closed on
May 13, 2014
Sold by
Marwaha Subhash Chand and Manvaha Subhash C
Bought by
Independent Bank and Independent Bank Of East Michigan

Purchase Details

Closed on
Dec 31, 1997
Sold by
Franklin Bank
Bought by
Ben Properties Inc

Purchase Details

Closed on
Oct 17, 1997
Sold by
Kenny Thomas P
Bought by
Franklin Bank

Purchase Details

Closed on
Nov 17, 1995
Sold by
Kenny Jean M
Bought by
Kenny Thomas P

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
Interest Rate
7.42%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lauer Kelly D -- First American Title Ins Co
Mlv Investments Llc -- None Available
Independent Bank $1,423,640 None Available
Ben Properties Inc -- --
Franklin Bank $1,021,460 --
Kenny Thomas P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kenny Thomas P $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2015 04/15/15 Sold $1,500,000 -6.2% $226 / Sq Ft
03/23/2015 03/23/15 Pending -- -- --
12/05/2014 12/05/14 For Sale $1,599,000 -- $241 / 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 $56,694 $1,917,080 $0 $0
2023 $54,905 $1,846,560 $0 $0
2022 $63,478 $1,750,430 $0 $0
2021 $62,862 $1,742,140 $0 $0
2020 $53,519 $1,810,810 $0 $0
2019 $60,763 $1,750,770 $0 $0
2018 $56,342 $1,588,470 $0 $0
2017 $33,011 $713,050 $0 $0
2016 $8,117 $224,180 $0 $0
2015 -- $1,058,270 $0 $0
2014 -- $931,390 $0 $0
2011 -- $788,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Kassab

    Seller's Agent in 2015

    Mark Kassab

    James M Galbraith

    (248) 310-0536

    23 Total Sales

    Mark Kassab
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Map

Source: Realcomp

MLS Number: 214123890

Realcomp

APN: 19-22-101-006

Michigan Oakland County Bloomfield Hills 48304

901 Ridgewood Rd, Bloomfield Hills, MI

Not Listed for Sale

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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