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$6,999,000

Beds
7
Baths
10.0
sq ft
10,204

1500 W Long Lake Rd, Bloomfield Hills, MI 48302

1500 W Long Lake Rd

Bloomfield Twp, MI 48302

  • 54 days on market
Introducing a grand estate with a rich history & complete renovation that make it unparalleled. Constructed in 1938 to the highest standards by the renowned firm that built NY’s exquisite Cathedral of St. John the Divine, this magnificent home with a striking stone façade, pristine gardens & one-of-a-kind details is a masterpiece, set on 3+/- acres w/an incredible 297’ directly on Island Lake! It was originally built by C.E. Wilson, U.S. Secretary of Defense under Pres. Dwight Eisenhower & Pres/CEO of GM. The current owner spared no expense to preserve & fully renovate the 10,000+sf Traditional French Chateau-style mansion to perfection. Meticulously redesigned by Timothy Corrigan, one of the world’s leading interior design firms, the lakefront oasis provides beautiful outdoor spaces to enjoy scenic views & seasonal colors, w/generous tiered bluestone patios for entertaining overlooking the water. Approaching the home, a circular drive wraps to an oversized 5-car garage. A new driveway cut from Long Lake, lined by canopy trees, is underway to create a private owner’s entrance. Featuring 7 BRs, 9.2 baths, a nanny suite, 2 libraries & a refinished basement w/full kitchen, media room & gym, spectacular interiors are adorned w/18th & 19th century pieces & antiques from France & London. Custom Mathieu chandeliers, a custom hand-painted Gracie mural in the foyer, hand-painted custom Iksel wallpaper, 7 custom fireplaces, Scalamandre drapery & all new flooring are among the exceptional elements. Past the dramatic 2-story foyer with dual staircases awaits a vaulted great room, regal living & dining rooms & a family room off the breakfast area. A new chef’s dream kitchen features marble & quartz countertops, a La Cornue stove & other appliances by Wolf & Sub-Zero. The primary suite offers a new custom closet, custom bed by the dressing room w/encased doors, Chanel fabric couches & a spa-inspired bath. Plus new HVAC & boiler, new humidifiers, new security, the list goes on.

Details

Property type

Single Family Residence

Est. home value

$9,129,765

Lot size

2.92 acres

Price per sq ft

$686

Year built

1937

Annual property taxes

$60,956

Monthly HOA fee

$8.33

Price History

05/14/2024
Realcomp

Realcomp #20240032601

Listed
$6,999,000
+149.96%
06/28/2019
Realcomp

Realcomp #219047370

Sold
$2,800,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Bloomfield Hills

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$4,364,079
Asking price
$6,999,000
Closing costs (~8% of asking)
-$559,920
Est. remaining loan balance
-$2,075,001
Cash to seller
$4,364,079

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Isabella Bank

Loan start date

October 2019

Original loan amount

$2,512,668

Est. remaining balance

$2,075,001

Interest rate

3.56%

Loan type

New Conventional, 20 year

Seller

Omar P Haqqani and Emily Haqqani

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/07/2024 at 6:00 PM

Listing updated: 05/21/2024 at 11:47 AM

Listed by: Dan A Gutfreund, Signature Sotheby's International Realty Bham Phone #: (248) 644-7000

MLS: Realcomp #20240032601

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