MTT 25-002969 5780 Putnam W Bloomfield Twp MI.pdf
Matthew T Kassab, Saad Kassab, Petitioners V Township Of West Bloomfield, Respondent · 25-002969-TT
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Valuation Disclosure 5780 Putnam West Bloomfield Township, MI 48323 Prepared For: Michigan Tax Tribunal Docket # 25-002969 Prepared By: Petitioner’s Representative F. Scott Miller, MMAO, MSIRE Tax Appeal Consultant Colliers International Property Tax Appeal Division 400 W 4th Street, Suite 350 Royal Oak, MI 48067 Purpose: In Determining a True Cash Value for Assessment Purposes
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MTT 25-002969, 5780 Putnam West Bloomfield Hills, MI 2 February 6, 2026 Michigan Tax Tribunal 611 W Ottawa St, Lansing, MI 48933 Re: True cash value for MTT 25-002969, 5780 Putman, West Bloomfield Township, MI 48323 In accordance with the Michigan Tax Tribunal’s rules of evidence, I have prepared a valuation disclosure for the above-mentioned Michigan Tax Tribunal case, MTT 25-002969. The intent of this analysis is to reflect a retrospective, as is, true cash value, with a fee simple interest in the subject property as of December 31, 2024, for the assessment year of 2025. The subject property is identified as a single-family residence, located at 5780 Putman, West Bloomfield Township, MI 48323. The subject consists of 3,466 gross building area (GBA), a 2,415 SF basement, was constructed in 1999, all situated on a 0.362-acre site. The subject was purchased on November 1, 2022, by Saab Kassab for $860,000, or $248.12/SF. The transaction was a cash deal and Mr. Kassab purchased this home for his son so he would live close by. The cash sale, and the motivation behind the sale indicate a highly motivated buyer with the actual value of the asset being secondary. As such, this transaction fits the definition of Investment Value as opposed to Market Value, which is the value premise for assessments within the State of Michigan (see Related Appraisal Definitions in body of report). The Indicated True Cash Value as of December 31, 2024, for the 2025 assessment roll is as follows: Conclusion of Value Value Premise Interest Valued Date of Value True Cash Value $/GLA Retrospective, as is, true cash value Fee Simple December 31, 2024 $830,000 $239.47 Sincerely, F. Scott Miller, MMAO, MSIRE Tax Appeal Consultant Colliers International Scott.miller@colliers.com Direct: 248.226.1670
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MTT 25-002969, 5780 Putnam West Bloomfield Hills, MI 3 TABLE OF CONTENTS SUBJECT INFORMATION ............................................................................................................... 4 INTENDED USE AND USER ............................................................................................................ 4 RELATED APPRAISAL DEFINITIONS ........................................................................................... 4 EXTRAORDINARY ASSUMPTIONS .............................................................................................. 5 HYPOTHETICAL ASSUMPTIONS .................................................................................................. 5 SCOPE OF WORK............................................................................................................................ 6 WEST BLOOMFIELD TWP REAL ESTATE MARKET .................................................................. 7 VALUATION DISCLOSURE METHODOLOGY .............................................................................. 9 SALES COMPARISON APPROACH ............................................................................................ 10 ADDENDUM.................................................................................................................................... 16 SALE COMPS .................................................................................................................................... 16 RECORD CARD.................................................................................................................................. 22 QUALIFICATIONS ............................................................................................................................... 24
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MTT 25-002969, 5780 Putnam West Bloomfield Hills, MI 4 SUBJECT INFORMATION Address: 5780 Putnam West Bloomfield Twp Michigan County: Oakland Type of Property: Residential, Single Family Year Built: 1999 GLA: 3,466 Construction Type: Class B, Colonial with attached garage Condition: Good Site (Ac): 0.36 Parcel Number: X-18-25-201-066 2025 TCV $992,500 $286.35 2025 SEV $496,250 2025 TV $488,614 2024 TCV $920,240 $265.50 2024 SEV $460,120 2024 TV $460,120 Most Recent Sale: November 1, 2022 Purchase Price: $860,000 $248.12 Details: August 27, 2015 $432,500 $27.43 Land only sale by developer 7.85% increase from last year Home was a cash purchase by Mr. Kassab. Mr. Kassab purchased this home for his son so he would live close by. The cash sale, and the motivation behind the sale indicate a highly motivated buyer with the actual value of the asset being secondary. As such, this transaction fits the definition of Investment Value as opposed to Market Value. INTENDED USE AND USER The intended use of this valuation disclose is to assist the Michigan Tax Tribunal is opining to a true cash value for the subject property within docket number 25-002969, 5780 Putnam, West Bloomfield Township, MI 48323. The intended users are the West Bloomfield Township Assessing Office and its legal representative, the Michigan Tax Tribunal and Colliers International, and is not permitted for any other use. RELATED APPRAISAL DEFINITIONS True cash value is defined as: MCL 211.27, MSA 7.27 provides for the determination of True Cash Value as follows: “Cash Value” means the usual selling price at the place where property to which the term is applied shall be at the time of assessment, being the price which could be obtained for the property at private sale, and not at forced or auction sale. Any sale or other disposition by the state or any agency or political subdivision of lands acquired
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MTT 25-002969, 5780 Putnam West Bloomfield Hills, MI 5 for delinquent taxes or any appraisal in connection therewith shall not be considered as controlling evidence of True Cash Value for assessment purposes. In determining the value the assessor shall consider the advantages and disadvantages of location, quality of soil, zoning, existing use, present economic income of structures, including farm structures and present economic income of land when the land is being farmed or otherwise put to income producing use, quantity and value of standing timber, water power, and privileges, mines, minerals, quarries, or other valuable deposits known to be available therein and their value. The Dictionary of Real Estate Appraisal, 7th Edition, Appraisal Institute Value in Exchange: A type of value that reflects the amount that can be obtained for an asset if exchanged between parties. Examples include market value, fair value, liquidation value, and disposition value. Value in Use: 1. The amount determined by discounting the future cash flows (including the ultimate proceeds of disposal) expected to be derived from the use of an asset at an appropriate rate that allows for the risk of the activities concerned. (FASB Accounting Standards Codification, Master Glossary). 2. Formerly used in valuation practice as a synonym for contributory value or use value. Investment Value: 1. The value of a property to a particular investor or class of investors based on the investor’s specific requirements. Investment value may be different from market value because it depends on a set of investment criteria that are not necessarily typical of the market. 2. The value of an asset to the owner or a prospective owner given individual investment or operational objectives (may also be known as worth). (IVS) EXTRAORDINARY ASSUMPTIONS An extraordinary assumption is defined in USPAP as an assignment-specific assumption as of the effective date regarding uncertain information used in an analysis which, if found to be false, could alter the appraiser’s opinions or conclusions. The value conclusions are subject to the following extraordinary assumptions that may affect the assignment results. It is assumed the condition of the subject property as of December 31, 2024, is consistent with the effective date of this valuation disclosure. HYPOTHETICAL ASSUMPTIONS A hypothetical condition is defined in USPAP as a condition, directly related to a specific assignment, which is contrary to what is known by the appraiser to exist on the effective date of the assignment results but is used for the purpose of analysis. The value conclusions are based on the following hypothetical conditions that may affect the assignment results. None
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MTT 25-002969, 5780 Putnam West Bloomfield Hills, MI 6 SCOPE OF WORK The Dictionary of Real Estate Appraisal, Page 171, states: Scope of Work: 1. The type of data and the extent of research and analyses. (SVP) 2. The type and extent of research and analyses in an appraisal or appraisal review assignment. (USPAP, 2020-2021 ed.) The steps are: 1) Identify the problem 2) Determine and perform the scope of work necessary to develop credible assignment results; and 3) Disclose the scope of work in the report The Scope of Work includes, but is not limited to: • The extent to which the property is identified: • The extent to which tangible property is inspected • The type and extent of data researched; and • The type and extent of analyses applied to arrive at opinions and conclusions Treatises relied on and cited within the appraisal report by respective acronym, include: • The Appraisal of Real Estate (TARE), 15th edition, Appraisal Institute • The Dictionary of Real Estate Appraisal (DREA), 7th edition, Appraisal Institute • Property Assessment Valuation (PAV), 3rd edition, International Association of Assessing Officers • Uniform Standards of Professional Appraisal Practice (USPAP), 2020-21 edition, The Appraisal Foundation
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MTT 25-002969, 5780 Putnam West Bloomfield Hills, MI 7 WEST BLOOMFIELD TWP REAL ESTATE MARKET
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MTT 25-002969, 5780 Putnam West Bloomfield Hills, MI 8 Key Takeaways from the Local Market Update – December 2024: Residential Market: 1. December 2024 vs. December 2023: o New Listings: Decreased by 10.5% (from 38 to 34). o Pending Sales: Increased by 28.0% (from 25 to 32). o Closed Sales: Increased by 38.5% (from 26 to 36). o Median Sales Price: Increased by 2.3% (from $447,500 to $457,750). o Average Sales Price: Increased by 17.4% (from $439,663 to $515,953). o Days on Market Until Sale: Remained unchanged at 30 days. o Inventory of Homes for Sale: Increased by 8.9% (from 79 to 86). o Months Supply of Inventory: Increased by 5.6% (from 1.8 to 1.9 months). 2. Year-to-Date (2023 vs. 2024): o New Listings: Increased by 1.4% (from 790 to 801). o Pending Sales: Remained unchanged at 532. o Closed Sales: Decreased by 1.7% (from 528 to 519). o Median Sales Price: Increased by 5.8% (from $450,000 to $476,000). o Average Sales Price: Increased by 13.3% (from $524,291 to $593,893). o Days on Market Until Sale: Decreased by 10.3% (from 29 to 26 days). o Percent of List Price Received: Slight decrease of 0.1% (from 99.5% to 99.4%). • Residential Market: December 2024 showed a decline in new listings but an increase in pending and closed sales, indicating strong buyer activity. Year-to-date data shows a slight increase in new listings but a decrease in closed sales, with higher median and average sales prices. • Inventory Trends: Residential inventory increased, while condo inventory decreased, suggesting differing market dynamics between the two property types. • Price Trends: Both residential and condo markets saw notable increases in median and average sales prices, indicating strong demand and potentially limited supply. These trends highlight a competitive real estate market in West Bloomfield Township, with rising prices and varying inventory levels across residential and condo properties.
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MTT 25-002969, 5780 Putnam West Bloomfield Hills, MI 9 VALUATION DISCLOSURE METHODOLOGY In developing a valuation disclosure, an approach to value is included or omitted based on its applicability to the property type being valued and the quality and quantity of information available. Income Capitalization Approach The income capitalization approach reflects the subject’s income-producing capabilities. This approach is based on the assumption that value is created by the expectation of benefits to be derived in the future. Specifically estimated is the amount an investor would be willing to pay to receive an income stream plus reversion value from a property over a period of time. The two common valuation techniques associated with the income capitalization approach are direct capitalization and the discounted cash flow (DCF) analysis. Cost Approach The cost approach is based on the proposition that the informed purchaser would pay no more for the subject than the cost to produce a substitute property with equivalent utility. This approach is particularly applicable when the property being appraised involves relatively new improvements that represent the highest and best use of the land, or when it is improved with relatively unique or specialized improvements for which there exist few sales or leases of comparable properties. Sales Comparison Approach The sales comparison approach utilizes sales of comparable properties, adjusted for differences, to indicate a value for the subject. Valuation is typically accomplished using physical units of comparison such as price per square foot, price per unit, price per floor, etc., or economic units of comparison such as gross rent multiplier. Adjustments are applied to the physical units of comparison derived from the comparable sale. The unit of comparison chosen for the subject is then used to yield a total value. Economic units of comparison are not adjusted, but rather analyzed as to relevant differences, with the final estimate derived based on the general comparisons. Methodology Applicable to the Subject The property is not an income producing; therefore, the income capitalization approach does not apply. The subject is 26 years old (2025 – 1999), and the challenges of quantifying a credible depreciation in an older asset reduces the overall credibility. However, there is adequate sales data available that would yield a credible true cash opinion of value, therefore, only the sales comparison approach will be utilized. Approaches to Value Approach Applicability to Subject Approaches Utilized Cost Approach Not Applicable Not Used Income Approach Not Applicable Not Used Sales Comparison Approach Applicable Used
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MTT 25-002969, 5780 Putnam West Bloomfield Hills, MI 10 SALES COMPARISON APPROACH Research of comparable residential single-family sales was conducted and yielded the following list. Of the 20 sales,….6 of the most comparable were identified. Sale # Address City Beds Baths Year Built GLA Site (Ac) Sales Date Price DOM $/GLA 1 6324 Rose Blvd W Bloomfield Twp 4 4.1 1983 3,487 0.356 10/30/24 $655,000 5 $187.84 2 4253 Sedgemoor W Bloomfield Twp 4 3.1 1976 3,014 0.409 02/02/24 $665,000 25 $220.64 3 4206 Southmoor Ln W Bloomfield Twp 4 3.2 1982 3,196 0.465 10/25/24 $675,000 6 $211.20 4 6287 Rose Blvd W Bloomfield Twp 4 2.1 1985 3,398 0.369 11/06/24 $680,000 56 $200.12 5 6504 Shadowood Dr W Bloomfield Twp 4 3.1 2005 3,613 0.425 05/03/24 $685,000 22 $189.59 6 7298 Village Sq Dr W Bloomfield Twp 4 2.1 2000 3,423 0.373 05/15/24 $689,000 6 $201.29 7 5490 Deerfoot Trl W Bloomfield Twp 4 4.1 1988 3,365 2.028 09/23/24 $697,000 45 $207.13 8 6048 Dunmore W Bloomfield Twp 5 3.2 1984 3,872 0.522 03/21/24 $715,000 18 $184.66 9 6460 Summer Ct W Bloomfield Twp 4 2.2 1986 3,122 0.380 10/22/24 $725,000 8 $232.22 10 6211 ST James Dr W Bloomfield Twp 4 2.1 1978 3,453 0.984 10/15/24 $730,000 47 $211.41 11 4222 Barn Meadow Ln W Bloomfield Twp 4 3.1 1978 3,208 0.360 10/09/24 $749,000 19 $233.48 12 7022 Falcon Ct W Bloomfield Twp 4 3.2 2000 4,253 0.423 09/26/23 $760,000 49 $178.70 13 4641 Wendrick Dr W Bloomfield Twp 4 2.3 1978 3,512 0.313 08/27/24 $765,000 23 $217.82 14 4496 Forestview Dr W Bloomfield Twp 4 4.2 1995 4,009 0.387 05/23/24 $800,000 0 $199.55 15 4398 Forestview Dr W Bloomfield Twp 4 4.1 1996 4,412 0.457 09/30/24 $815,000 7 $184.72 16 7107 Daventry Woods Dr W Bloomfield Twp 3 4.1 2001 3,666 Condo 12/03/24 $825,000 4 $225.04 17 6599 Shadowood Dr W Bloomfield Twp 6 4.1 2001 3,914 0.289 01/19/24 $840,000 1 $214.61 18 4756 Fairway Ridge W Bloomfield Twp 4 3.1 1982 3,457 0.338 05/03/24 $850,000 9 $245.88 19 4391 Forestview Dr W Bloomfield Twp 5 4.2 1998 4,079 0.481 11/08/24 $865,000 54 $212.06 20 3263 Shadydale Ln W Bloomfield Twp 4 3.2 1984 4,210 0.316 12/30/24 $871,500 14 $207.01 Minimum 3,014 $655,000 $178.70 Average 3,633 $752,825 $208.25 Maximium 4,412 $871,500 $245.88 Address City Beds Baths Year Built GLA Site (Ac) Tax Day TCV 2025 SEV $/GLA 5780 Putnam Dr W Bloomfield Twp 5 4 1999 3,466 0.362 12/31/24 $992,500 $496,250 $286.35 Based upon research of comparable sales within the subject’s market of single-family residential properties with similar age, condition, square feet, and amenities, the following list of sales will be utilized. # Address Community Beds Baths Yr Blt GLA Ac Sales Date List Price Sale Price LP/SP Ratio $/GLA 1 4496 Forestview Dr West Bloomfield Twp 4 4.2 1995 4009 0.387 05/23/24 $850,000 $800,000 94.1% $199.55 2 4398 Forestview Dr West Bloomfield Twp 4 4.1 1996 4412 0.457 09/30/24 $749,900 $815,000 108.7% $184.72 3 6599 Shadowood Dr West Bloomfield Twp 6 4.1 2001 3914 0.289 01/19/24 $825,000 $840,000 101.8% $214.61 4 4756 Fairway Ridge West Bloomfield Twp 4 3.1 1982 3457 0.338 05/03/24 $899,900 $850,000 94.5% $245.88 5 4391 Forestview Dr West Bloomfield Twp 5 4.2 1998 4079 0.481 11/08/24 $899,000 $865,000 96.2% $212.06 6 3263 Shadydale Ln West Bloomfield Twp 4 3.2 1984 4210 0.316 12/30/24 $929,999 $871,500 93.7% $207.01 Minimum 4 3.1 1982 3,457 0.289 01/19/24 $749,900 $800,000 $184.72 Mean 4.5 3.8 1993 4,014 0.378 07/24/24 $858,967 $840,250 $210.64 Maximum 6 4.2 2001 4,412 0.481 12/30/24 $929,999 $871,500 $245.88 Sub Address Community Beds Baths Yr Blt GLA Ac Effective Date 2025 SEV 2025 TCV $/GLA 5780 Putnam West Bloomfield Twp 5 4 1999 3,466 0.36 12/31/24 $496,250 $992,500 $265.50
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MTT 25-002969, 5780 Putnam West Bloomfield Hills, MI 11 ELEMENTS OF COMPARISON ANALYSIS – TRANSACTIONAL ADJUSTMENTS Real Property Rights Conveyed All sales had leases in place at time of sale and therefore reflect a fee simple interest, therefore, no adjustment is warranted. Financing Terms All comparable sales represent a cash, or cash equivalent transaction; therefore, no adjustment is needed for financing. Conditions of Sale Sale 2 had sale concessions of $10,000 and was adjusted upward. No other adjustments were needed. Expenditures Immediately After Sale No expenditures after sale were noted that would have impacted the purchase price, therefore, no adjustments were warranted.
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MTT 25-002969, 5780 Putnam West Bloomfield Hills, MI 12 Market Conditions All sales will be adjusted as if they occurred as of the effective date of this analysis, which is December 31, 2024. The MLS shows the average sales price for the West Bloomfield single family market. All market conditions (time) are adjusted as noted: Market Conditions Adjustments Average $/SF per Year Ye 2023 YE 2024 Average Sale Price/SF $515,126 $575,170 Sale Price Difference/SF $60,044 Difference in Months 12 % Difference in Months 0.97% % Difference Yearly 11.66% YE 2023 to YE 2024 Market Effective Date of Valuation: Sale 1 05/23/24 7 Difference in months from sale to effective date Sale 2 09/30/24 3 Difference in months from sale to effective date Sale 3 01/19/24 11 Difference in months from sale to effective date Sale 4 05/03/24 7 Difference in months from sale to effective date Sale 5 11/08/24 1 Difference in months from sale to effective date Sale 6 12/30/24 0 Difference in months from sale to effective date Market Conditions 11.66% Sale 1 7.00 x 0.97% = 6.80% Rounded to 6.8% Sale 2 3.00 x 0.97% = 2.91% Rounded to 2.9% Sale 3 11.00 x 0.97% = 10.68% Rounded to 10.7% Sale 4 7.00 x 0.97% = 6.80% Rounded to 6.8% Sale 5 1.00 x 0.97% = 0.97% Rounded to 1.0% Sale 6 0.00 x 0.97% = 0.00% Rounded to 0.0% Market Conditions Adjustment (Time) December 31, 2024 ELEMENTS OF COMPARISON ANALYSIS – PROPERTY ADJUSTMENTS Location All sales are located in West Bloomfield, therefore, no location adjustments were noted. Site Size (acres) All site sizes are comparable in size with the subject; therefore, no adjustment is required. Design/Style All designs/styles are colonial as the subject, except for sale 4, which is contemporary. There is no evidence of any difference between these designs; therefore, no adjustment is required. Condition Conditions are all comparable and similar with the subject; therefore, no adjustment is required. Above Grade Room Count Market indicates that economies of scale adjustments for residential properties are typically about 1/3 of the average sales price of the list of comparable properties. In this instance, the average sales price per square foot (unadjusted) is $210.64/SF, indicating an adjustment of
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MTT 25-002969, 5780 Putnam West Bloomfield Hills, MI 13 $70/SF for every difference in square feet. Additionally, sales 4 & 5 have one less bathroom than the subject and were adjusted upward. Finished Basement The subject, as well as all comparables, have finished basements; therefore, no adjustment is required. Heating/Cooling The subject, as well as all comparables, have energy efficient HVAC systems; therefore, no adjustment is required. Garage The subject has a 2-car attached garage, as well as all comparable sales 3 & 4. However, sales 1, 2, 5 & 6 have 3-car attached garages and were adjusted downward. Porch/Patio/Deck The subject, as well as all comparable sales, have patios/decks; therefore, no adjustment is required. Fireplace The subject, as well as all comparable sales, have fireplaces; therefore, no adjustment is required. Adjustment Summary The following adjustment grid summarizes the aforementioned adjustments applied to the sales.
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MTT 25-002969, 5780 Putnam West Bloomfield Hills, MI 15 VALUE RANGES Minimum Mean Maximum Before Adjustments $800,000 $871,500 $840,000 $760,000 $920,000 $828,000 After Adjustments As indicated in the comparable sales grid, the unadjusted sales prices range from $800,000 to $871,500. After adjustments, the adjusted sale prices range is $760,000 to $920,000 with a mean of $828,000. Considering the tight range in gross adjustments for all comparables from 8% to 15%, indicating an overall similarity to the subject, it lends credence to the mean of $828,000. Based upon this, the indicated real market value (as stabilized) is as follows: Conclusion of Value Value Premise Interest Valued Date of Value True Cash Value $/GLA Retrospective, as is, true cash value Fee Simple December 31, 2024 $830,000 $239.47 A Test of Reasonableness As noted earlier, the subject was purchased on November 1, 2022, by Saab Kassab for $860,000, or $248.12/SF for his son in a cash deal, so his son would be able to live close by. The cash sale, and the motivation behind the sale indicate a highly motivated buyer with the actual value of the asset being secondary. As such, this transaction fits the definition of Investment Value as opposed to Market Value. The difference between the indicted market value and the purchase price ($860,000 vs $830,000, or -3.5%), supports this premise. The indicated unite price per square foot of $239.47 is supported by the unadjusted sales price of the comparable sales in the subject’s market noted in this analysis and is considered reasonable. # Address Community Beds Baths Yr Blt GLA Ac Sales Date Sale Price $/GLA 1 4496 Forestview Dr West Bloomfield Twp 4 4.2 1995 4,009 0.387 05/23/24 $800,000 $199.55 2 4398 Forestview Dr West Bloomfield Twp 4 4.1 1996 4,412 0.457 09/30/24 $815,000 $184.72 3 6599 Shadowood Dr West Bloomfield Twp 6 4.1 2001 3,914 0.289 01/19/24 $840,000 $214.61 4 4756 Fairway Ridge West Bloomfield Twp 4 3.1 1982 3,457 0.338 05/03/24 $850,000 $245.88 5 4391 Forestview Dr West Bloomfield Twp 5 4.2 1998 4,079 0.481 11/08/24 $865,000 $212.06 6 3263 Shadydale Ln West Bloomfield Twp 4 3.2 1984 4,210 0.316 12/30/24 $871,500 $207.01 Minimum 4 3.1 1982 3,457 0.289 01/19/24 $800,000 $184.72 Mean 4.5 3.8 1993 4,014 0.378 07/24/24 $840,250 $210.64 Maximum 6 4.2 2001 4,412 0.481 12/30/24 $871,500 $245.88 Sub Address Community Beds Baths Yr Blt GLA Ac Tax Day Indicated TCV $/GLA 5780 Putnam West Bloomfield Twp 5 4.0 1999 3,466 0.362 12/31/24 $830,000 $239.47
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MTT 25-002969, 5780 Putnam West Bloomfield Hills, MI 16 ADDENDUM Sale Comps
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MTT 25-002969, 5780 Putnam West Bloomfield Hills, MI 17 400 W 4% Street Main: +1 248 540 1000 C 11i Suite 350 colliers.com oliers Royal Oak, MI 48067 MLS# 20240060843 4398 Forestview Drive, West Bloomfield Twp 48322-4507 Residential Sold List Price: $749,900 Property Information Estimated Square Footage Location Information Rooms: 14 Finished Abv: 4,374 County: Oakland Side of Str: E Bedrooms: 4 Finished Blw: City: West Bloomfield Twp Baths/lavs: 4/1 Total Below: 2,363 Mailing City: ~~ West Bloomfield Yr Blt/Remod: 1996 / 1996 Total Finished: 4,374 MLS Area: 02181 - West Bloomfield Twp Acres: 0.46 Water Frt Ft: Cross Streets: Maple and Orchard Lake Road Frt Ft: 70.00 Directions: South of Maple, West of Orchard Lake Lot Dimen: 199x70 School Dist: ~~ West Bloomfield Listing Information Short Sale: No Possession: At Close Trans Type: Sale List Date: 08/21/2024 Terms Offered: Cash, Conventional Listing Office: = i ij Sold Price: $815,000 Financing: Cash Sale Sold Date: 09/30/2024 Sell Concessions: Yes Seller's Closing Concession Amounts. Seller's Concessions IClosing Cost Concessions: $10,00¢ Comments: [Financing Cost Concessions: [Professional Concessions: (other than broker commissions) een $20,00€ Features Entry Location: Ground Level w/Steps Basement Basement: Unfinished Poured Fndtn Features: 3 Car Garage Dim: 32x21 Garage Feat: Direct Ac Side Entr Attached Fireplace Loc: Double Sided, Great Room, Other Forced Air Heat Fuel: Natural Gas Cooling: Ceiling Fan(s), Central Air Natural Gas Water Source: Public (Municipal) Sewer (Sewer-Sanitary) Smoke Alarm, Central Vacuum, De-Humidifier, Air Purifier, Progr able Thermostat, S d Furnished - No Dishwasher, Disposal, Double Oven, Dryer, Free-Standing Refrigerator, Gas Cooktop, Microwave, Washer 2 Story Exterior Mat: Brick, Wood Colonial Road Frontage: Paved, Pub. Sidewalk, Cul-De-Sac Dead End Street, Sprinkler(s), Wooded Constr Feat: Porch - Covered, Deck, Porch, Covered Roof Mtris: Asphalt Tennis Court, Gutter Guard System, Lighting, Gazebo, Pool — Community, Pool - Inground Remarks **Highest and Best Offer due by Sunday, August 25 at 7pm** Wel to this ing and i lonial I; din the highly sought-after Maple Creek subdivision. Nestled on a quiet cul-de-sac, this popular Capri floor plan home offers both luxury and functionality. The private backyard is a true oasis, featuring a new 2 tier Trex deck and a charming screened-in gazebo, perfect for large outdoor gatherings. Inside, the home boasts a white kitchen with granite countertops, backsplash, huge walk-in pantry and an eat-in area. A light filled nook with a double sided fireplace that connects to the impressive two-story great room. The first floor offers a versatile den/ office, which can easily be used as a 5th bedroom, along with a convenient full bathroom plus powder room. The formal living and dining rooms both offer defined spaces and lots of natural light. Upstairs, the expansive primary suite is a true retreat, with ample space fora workout area, home office, or nursery, and it features a large double walk-in coset. Two generously sized bedrooms share a jack-n-jill bathroom, while a third bedroom suite offers additional privacy. You'll love the amazing closet space throughout the home, all outfitted with professional organizers. The unfinished basement provides endless possibilities,
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MTT 25-002969, 5780 Putnam West Bloomfield Hills, MI 21 400 W 4” Street Main: +1 248 540 1000 C 11 Suite 350 colliers.com oliers Royal Oak, MI 48067 MLS# 20240075189 3263 SHADYDALE Lane, West Bloomfield Twp 48323-1857 Residential Sold List Price: $929,999 Prog Information Estimated Square F Location Information Rooms: 11 Finished Abv: 4,210 County: Oakland Side of Str: Bedrooms: 4 Finished Blw: 1,800 Township: West Bloomfield Twp Baths/Lavs: 3/2 Total Below: 2,477 Mailing City: West Bloomfield Yr Blt/Remod: 1984 / Total Finished: 6,010 MLS Area: 02181 - West Bloomfield Twp Acres: 0.32 Water Frt Ft: Cross Streets: N of Lone Pine W of Middlebelt Road Frt Ft: 105.00 Directions: North of Lone Pine between Middlebelt and Lot Dimen: 106.00 x 130.00 Orchard Lake Rd School Dist: ~~ Bloomfield Hills sting Inf i Short Sale: No Possession: d ose Plus 31-60 1. ine: sale List Date: 10/09/2024 Terms Offered: Cash, Conventional Listing Office: Max Broock Realtors Sold Price: $871,500 Financing: CONV Sale Sold Date: 12/30/2024 Sell Concessions: No Seller's Concessions Comments: Features Pets Allowed: Entry Location: Ground Level w/Steps Foundation: ~~ Basement Basement: Finished Fndtn Mtrls: Poured Fndtn Features: Sump Pump Garage Size: 3 Car Garage Dim: Garage Feat: Attached Heating: Forced Air Heat Fuel: Natural Gas Cooling: Water Heater: Water Source: Public (Municipal) Sewer: Sewer (Sewer-Sanitary) Arch Level: 2 Story Exterior Mat: ~~ Aluminum, Brick, Vinyl, Wood Arch Style: Colonial, Contemporary Road Frontage: Paved, Private Porch Type: Deck, Porch Roof Mtris: Remarks cozy breakfast nook and includes a walk-in pantry. Step outside to an expansive Trex deck, perfect for outdoor entertaining or relaxing in nature. The main floor also features a large dining room with custom built-ins, ideal for hosting gatherings, family room and a refined library / office space with exquisite custom cabinetry. A first floor laundry adds convenience to everyday living. The primary bedroom is a luxurious retreat, complete with heated floors, steam shower, temperature control, and a custom designed oot vith eater reload Three Eton] Sects beiraame provide plenty of room for family or guests. Night light system going up the stairs and on bridge of second floor. The finished lower level offers full bath and ample storage. There is a three car garage, eco-friendly thermostat, Control 4-where everything can be taken care of from your phone..TV, lights, music. Whole-house generator. New sump pump. This home is a true gem, blending comfort and sophistication throughout. Located in Long Lake Estates. Bloomfield Hills Schools. 2 elongated sconces in Living Room, desk in Library /Office and 3 shelves in Library/ Office are excluded. MTT 25-002969, 5780 Putnam West Bloomfield Hills, MI 21
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MTT 25-002969, 5780 Putnam West Bloomfield Hills, MI 22 Record Card
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MTT 25-002969, 5780 Putnam West Bloomfield Hills, MI 24 Qualifications F. Scott Miller, MMAO, MSIRE Property Tax Appeal Consultant Scott.Miller@colliers.com W 248 226 1670 My 30+ years of real estate engagements range from assessing, equalization, independent fee appraisal assignments, appraisal review, feasibility analyses, best case/worst case investment scenarios, an integral part of over 2,000 tax appeal cases throughout many states within the continental US, and reappraisals for various assessing communities, including the largest reappraisal in the history of Michigan (the City of Detroit reappraisal with over 400,000 parcels). The past 15+ years has been a mix of managing various assessing/real estate departments with a focus on improving efficiency and performance, and complex tax appeal cases with the intent of reaching amicable resolutions and compliance for the governmental units. Career Highlights • Property Tax Service Specialist • Assessor at City of Warren, Michigan • Assessor at City of Dearborn, Michigan • Collateral Risk Manager/Chief Review Appraiser • Senior Appraisal Manager at City of Detroit’s Assessing Department • Appointed Member to State Tax Commission Education & Certification Committee 2018- 2019 Education • MMAO Certification (Michigan Master Assessing Officer) • M.S. International Real Estate - Florida International University o Earned Outstanding Student Performance Award • B.S. Business/Property Assessment - Siena Heights University • Certificate in Financial Management - Cornell University • Certificate in Construction Design - Henry Ford Community College • Additional Training from: MAA, STC, IAAO, Appraisal Institute, McKissock & CCIM