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7435 Parkstone Lane

7435 Parkstone Lane, Bloomfield Hills, MI 48301
Property in Bloomfield
Refi Aug 12, 2021
Transfer
$1,355,200 by The Huntington National Bank
Mortgage Due Sep 01, 2051
7435 Parkstone Lane has been categorized by the local assessors in Bloomfield Hills, MI as a residential type of property. The building on the property was first built in 2018 and is 6 years old. The home has a total of 18 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7435 Parkstone Lane has 4,920 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 63,249 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 546 sqft. According to our sources, there are a total of 4 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a hip style roof. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 7435 Parkstone Lane was last assessed in 2023. The total value of the property was assessed at $804,770. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $37,308. The initial tax year of delinquency was in 2021. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Total Rooms: 18
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 5
  • Building Quality: D
  • Construction Type: Brick
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,904
  • Garage Type: Garage
  • Garage Square Area: 546
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 63,249
  • Total Building Area: 4,920
  • Building Area: 4,920
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,920
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BERKSHIRE VILLAS NO 2
  • Land Acres: 1.452
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T2N, R10E, SEC 33 BERKSHIRE VILLAS NO. 2 LOT 70

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Birmingham City School District
  • School Tax School District: 63010
  • Census Tract: 150900

Zoning

  • Zoning: SI

Geography

  • District: C
  • Parcel: C -19-33-476-013
  • Lot: 70
  • Meridian: SEC 33 TWN 02N RNG 10E
  • Municipality: BLOOMFIELD TWP
  • Latitude: 42.5324
  • Longitude: -83.2668

    Address

  • Full Address: 7435 Parkstone Ln
  • Address - House Number: 7435
  • Address - Street Name: Parkstone
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Bloomfield Hills
  • Carrier Code: C061
  • 4-Digit Zip Code: 4029
  • Zip Code: 48301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $37,308
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1805
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 76
  • Final Value: 1,905,143
  • High Value: 2,249,182
  • Low Value: 1,561,104

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,599,200
  • First Open Lien Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Aug 12, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,355,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051
  • Second Open Lien Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Sep 30, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $244,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Sep 10, 2051

    Market Valuation

  • Market Total Value: $1,609,540

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $804,770

About Bloomfield Hills



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Frequently Asked Questions

What neighborhood is 7435 Parkstone Lane located in?
The 7435 Parkstone Lane is a located in the neighborhood of Bloomfield in Bloomfield Hills, Bloomfield Hills.
What is the average sales price for listings in 7435 Parkstone Lane?
The average sales price for units in 7435 Parkstone Lane is $0 currently.

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