1342 Lake Crescent Drive

About this home

With over 50 years of current ownership, this mid-century time capsule is ready for its new owners. Whether it's restored, renovated or replaced, this Bloomfield offering on just under half an acre is full of possibilities! Vaulted ceilings in the large living and dining rooms, as well as the breakfast nook and kitchen -- with mid-century solid wood cabinetry & hardware. 3 bedrooms up with 2 full baths, the large primary with a mirrored closets dressing area. Down, you'll find a huge family room, fourth bedroom -- currently used as an office/den/library, and a third full bathroom. This level also houses the laundry room and walk-out to the 2-car attached garage. The partially finished basement provides an option for a great lower-level rec room and tons of storage. Zoned forced heating and central air with one brand new unit, and a newer hot water heater. Outside is a once-fabulous custom in-ground swimming pool decked with a vast pavered surround. A wonderful opportunity to recreate the perfect home!

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Bloomfield Hills

Over the last 90 days, 184 homes sold in Bloomfield Hills for a median of $675,000, about $218 per square foot, and the typical one went under contract in 13 days. This home is listed at $480,000, or $158 per square foot, 28% below the city median, and has been on the market 43 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Bloomfield Hills sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $6,159 a year. A buyer who lives here would pay about $6,018 to $8,581 a year once the taxable value resets after the sale, at the 2025 homestead rate of 35.40 mills for Bloomfield Hills City and Bloomfield Hills schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.

Location

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