NOT LISTED FOR SALE

924 Ridgewood Rd Bloomfield Hills, MI 48304

Estimated Value: $688,000 - $1,258,000

2.65 Acres
$389,182 Price per Acre
115,434 Sq Ft Lot

Last Sold March 31, 2023

Last sale price $2,000,000 $417 Per Sq Ft

Est. 48% decrease in value since last sale

Current estimated payment $6,700/month

35 Days on Market

Highlights

  • 2.65 Acre Lot
  • Way Elementary School Rated A
  • Garage

About This Lot

As of March 2023

Create the ultimate custom dream home in prime Bloomfield Hills! Located in a prestigious and coveted estate neighborhood, this elevated property occupies a beautiful 2.65-acre landscaped lot lined with mature trees and is extremely serene and private. While there is an existing house on the grounds, this offering affords a perfect chance for the discerning buyer to build a fabulous luxury estate tailored to their specific needs, taste and lifestyle. With so much land, you can design an incredible grand home plus add a pool, tennis court, whatever you desire. Bring your architect and your vision, and take advantage of a rare opportunity to purchase prime real estate in one of Bloomfield Hills’ most sought-after living destinations, close to Cranbrook schools and many conveniences.

Last Agent to Sell the Property

Dan Gutfreund

Signature Sotheby's International Realty Bham License #6501367800 Listed on: 01/19/2023

Signature Sotheby's International Realty Bham

Last Buyer's Agent

Ashley Crain

Hall & Hunter-Birmingham License #RCO-6501403240

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 2.65 Acre Lot
  • Lot Dimensions are 436x329x434x173
  • Dirt Road

Parking

  • Garage

Community Details

  • Oak Knob Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1922102002

Property Details

Property Type

Land

Est. Annual Taxes

$20,390

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 654190.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Dirt

Utilities

  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Bloomfield Hills

Lot Info

  • List Price per Acre: 829811.3200
  • Lot Size Area: 2.65
  • Lot Dimensions: 436x329x434x173
  • Parcel Number: 1922102002
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 16895.0000
  • Tax Amount Winter: 3495.0000
  • Total Tax: 20390.0000
  • Taxable Value: 562270.0000

MLS Schools

  • School District: Bloomfield Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Mar 24, 2023
Sold by
Diskin David
Bought by
Locricchio Mario
Seller's Agent
Dan Gutfreund
Signature Sotheby's International Realty Bham
Buyer's Agent
Ashley Crain
Hall & Hunter-Birmingham
List Price
$2,199,000
Sold Price
$2,000,000
Premium/Discount to List
-$199,000
-9.05%
Views
42
Current Estimated Value
$1,031,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$968,667
Avg. Annual Appreciation
-25.11%
Original Mortgage
$1,560,000
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2022
Sold by
Ruth Frank Trust
Bought by
Diskin David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,480,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2007
Sold by
Frank Ruth F and Frank Harold
Bought by
Frank Ruth F and Ruth F Frank Trust
Source: Public Records

Range of Values:

Collateral Analytics

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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
Locricchio Mario -- Interstate Title
Diskin David -- First American Title
Frank Ruth F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Locricchio Mario $5,850,000
Closed Locricchio Mario $1,560,000
Previous Owner Diskin David $1,480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $2,000,000 -9.0% $417 / Sq Ft
02/23/2023 02/23/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $2,199,000 -- $459 / 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 $12,047 $332,110 $0 $0
2023 $25,309 $697,070 $0 $0
2022 $20,390 $654,190 $0 $0
2021 $19,640 $635,900 $0 $0
2020 $16,104 $662,060 $0 $0
2019 $18,283 $647,770 $0 $0
2018 $18,371 $658,320 $0 $0
2017 $18,143 $630,800 $0 $0
2016 $18,082 $617,850 $0 $0
2015 -- $602,780 $0 $0
2014 -- $546,650 $0 $0
2011 -- $533,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dan Gutfreund

    Seller's Agent in 2023

    Dan Gutfreund

    Signature Sotheby's International Realty Bham

    (248) 497-4646

    12 in this area

    255 Total Sales

    Dan Gutfreund
    Section Image
  • Ashley Crain

    Buyer's Agent in 2023

    Ashley Crain

    Hall & Hunter-Birmingham

    (313) 969-7062

    8 in this area

    105 Total Sales

    Ashley Crain
    Section Image
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Map

Source: Realcomp

MLS Number: 20230004468

Realcomp

APN: 19-22-102-002

Michigan Oakland County Bloomfield Hills 48304

924 Ridgewood Rd, Bloomfield Hills, MI

This home is located at 924 Ridgewood Rd, Bloomfield Hills, MI 48304 since 19 January 2023 and is currently estimated at $1,031,333, approximately $215 per square foot. 924 Ridgewood Rd is a home located in Oakland County with nearby schools including Way Elementary School, South Hills Middle School, and Bloomfield Hills High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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