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$550,000

Beds
3
Baths
2.5
sq ft
2,306

5560 Franklin Rd, Bloomfield Hills, MI 48301

5560 Franklin Rd

Bloomfield Twp, MI 48301

  • 51 days on market
Welcome to your dream home! Nestled in a highly desirable area of Bloomfield Hills, this beautiful historical farmhouse combines timeless elegance with modern comfort. Boasting 3 spacious bedrooms, 2 and a half well-appointed bathrooms, with at least two additional flex spaces, this residence is perfect for those seeking a serene retreat. As you step inside, you’ll be greeted by the home’s original charm, featuring classic architectural details and an abundance of natural light. The inviting living spaces flow seamlessly, providing the ideal setting for both cozy gatherings and entertaining. The serene backyard is your own private oasis, complete with lush landscaping and peaceful areas to unwind. Enjoy morning coffee or evening sunsets on the lovely front and back porches, where you can savor the tranquil surroundings. Additionally, the old carriage house presents a unique opportunity for conversion into a quaint studio, workshop, or guest suite—endless possibilities await! Don’t miss this rare chance to own a piece of history in one of the most sought-after neighborhoods. Schedule your private tour today and discover the perfect blend of character and convenience in Bloomfield Hills!

Details

Property type

Single Family Residence

Est. home value

$521,297

Lot size

0.73 acres

Price per sq ft

$239

Year built

1901

Annual property taxes

$5,933

Price History

10/02/2024
Realcomp

Realcomp #20240074544

Listed
$550,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Bloomfield Hills

Seller’s Loan History

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

Lender

Tcf National Bank

Loan start date

December 2020

Original loan amount

$42,100

Est. remaining balance

Not provided

Interest rate

2.87%

Loan type

Credit Line (Revolving), 30 year

Seller

James Donald Tanner

Lender

Ruoff Mortgage Company Inc

Loan start date

September 2020

Original loan amount

$309,600

Est. remaining balance

$281,775

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

James Donald Tanner

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: 11/23/2024 at 12:10 AM

Listing updated: 10/19/2024 at 2:15 PM

Listed by: Alexandra Hoeft, Thrive Realty Company Phone #: (248) 256-5046

MLS: Realcomp #20240074544

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