1850 + 1852 Ward Road

About this home

Multiplicity of use is the key here! Multiple houses, multiple lots, and access to Square Lake - oh the possibilities! There are two houses on one lot currently rented to tenants, plus three additional vacant parcels. The roomy "main" 3-bedroom house was recently renovated, including new flooring, doors and fixtures, remodeled kitchen and bath, plus waterproofing in the basement. The tidy 2-bedroom "cottage" house offers comfort, simplicity, and privacy. The combined four lots are approx. 180' of road frontage and 118' deep, 1/2-acre total, plenty of room for a luxury new-build! There's access to Square Lake (via neighborhood beach association) and high-end new construction nearby, too. (FYI: Income/expenses figures above are estimates based on future rents, future tax/insurance, etc.) This is a unique property with all kinds of potential! (Please do not walk the property or disturb the tenants without an approved appointment with a licensed Realtor.) Take a look!! **Also listed as MLS 20261031558

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Bloomfield Hills

Over the last 90 days, 183 homes sold in Bloomfield Hills for a median of $675,000, about $219 per square foot, and the typical one went under contract in 13 days. This home is listed at $325,000, or $176 per square foot, 20% below the city median, and has been on the market 146 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 $2,536 a year. A buyer who lives here would pay about $1,637 to $5,181 a year once the taxable value resets after the sale, at the 2025 homestead rate of 31.56 mills for Bloomfield Twp and Pontiac 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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