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701 North Shady Hollow Circle

701 North Shady Hollow Circle, Bloomfield Hills, MI 48304
Property in Bloomfield
Sold Aug 24, 2005
$550,000
$250,000 by Jpmorgan Chase Bank Na
Mortgage Due Sep 01, 2035
701 North Shady Hollow Circle in Bloomfield Hills, MI was first built in 1965 and is 59 years old. Although, the building on the property was most recently renovated and altered in 2011. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 701 North Shady Hollow Circle has 2,807 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 24,524 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 484 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 701 North Shady Hollow Circle was last sold in Aug 17, 2005 for $550,000. According to our calculations, that's $195.94 per sqft. Current property owners are expected to pay $6,220 in taxes per year. The property on 701 North Shady Hollow Circle was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $278,190. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 2011
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: B
  • Construction Type: Brick
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,551
  • Garage Type: Garage
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 24,524
  • Total Building Area: 2,807
  • Building Area: 2,807
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,807
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NANTUCKET GREEN
  • Land Acres: 0.563
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T2N, R10E, SEC 24 NANTUCKET GREEN LOT 44

Ownership

  • Current Owner : MCDERMOTT MICHAEL J
  • Current Owner 2: MCDERMOTT SUSAN M
  • Previous Owner : OLDHAM DANIEL J
  • Previous Owner 2: OLDHAM JOYCE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Birmingham City School District
  • School Tax School District: 63010
  • Census Tract: 150500

Zoning

  • Zoning: SI

Geography

  • District: C
  • Parcel: C -19-24-426-001
  • Lot: 44
  • Meridian: SEC 24 TWN 02N RNG 10E
  • Municipality: BLOOMFIELD TWP
  • Latitude: 42.5677
  • Longitude: -83.211

    Address

  • Full Address: 701 N Shady Hollow Cir
  • Address - House Number: 701
  • Street Direction: N
  • Address - Street Name: Shady Hollow
  • Address - Suffix Type: Cir
  • State: MI
  • City Name: Bloomfield Hills
  • Carrier Code: C044
  • 4-Digit Zip Code: 3769
  • Zip Code: 48304

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,220

    Appraisal Valuation

  • Standard Deviation: 0.1864
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 75
  • Final Value: 695,227
  • High Value: 824,858
  • Low Value: 565,597

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 24, 2005
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2035
  • Second Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • Second Open Lien Mortgage Recording Date: May 19, 2009
  • Second Open Lien Mortgage Loan Amount: $150,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2039

    Market Valuation

  • Market Total Value: $556,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $278,190

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 17, 2005
  • Current Sale Recording Date: Aug 24, 2005
  • Current Sale Transaction ID: 1153158518
  • Current Sale Price: $550,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 240751

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Aug 24, 2005
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Sep 01, 2035

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Frequently Asked Questions

What neighborhood is 701 North Shady Hollow Circle located in?
The 701 North Shady Hollow Circle is a located in the neighborhood of Bloomfield in Bloomfield Hills, Bloomfield Hills.
What is the average sales price for listings in 701 North Shady Hollow Circle?
The average sales price for units in 701 North Shady Hollow Circle is $0 currently.

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