700 E SQUARE LAKE Road

About this home

A superior parcel rarely available in Bloomfield Township, this 4.15 acre lot boasts 253 feet of frontage on East Square Lake Road. It is nestled within a quality residential neighborhood and can easily accommodate a vast residence or possible subdivision for development. The lot itself is quite flat and has trees that surround the perimeter with a handful growing in the center and another concentration at the rear of the parcel. The location could not be better. You will be moments from Rt I75, while everyday shopping destinations are close by. High quality golf is available at several country clubs just a few miles away, and you can be in downtown Detroit in half an hour. And of course, residents have access to one of the best public school systems in Michigan. I.D.R.B.N.G

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 $1,499,000, and has been on the market 100 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 $5,158 a year. A buyer who lives here would pay about $3,785 to $27,699 a year once the taxable value resets after the sale, at the 2025 homestead rate of 36.59 mills for Bloomfield Twp 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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