4255 Telegraph Road

About this home

This is an opportunity to build the home of your dreams, in Bloomfield Township with Bloomfield Schools. The large sized lot boasts 3.7 acres and shares a tranquil pond for a future water view. Also, great opportunity for a builder to develop to possibly 3 homes or Condos. Close to Bloomfield Hills High School, Way Elementary, excellent restaurants, shopping, parks, private clubs, Costco and more...an amazing possibility in Bloomfield. Buyer to verify any and all information. Check with Bloomfield Township to see what you can build ~ the City offices are very close to this property.

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 $450,000, and has been on the market 174 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 $4,851 a year. A buyer who lives here would pay about $3,444 to $8,045 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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