788 S Bates Street

About this home

SELLER IS OFFERING BELOW MARKET RATE IN THE 5% RANGE TO QUALIFIED BUYERS.Call the Listing Agent to inquire. 788 Bates is a stunning, beautifully reimagined and meticulously renovated residence in the heart of Birmingham, just steps from vibrant downtown. Blending sophisticated contemporary design with refined luxury. Thoughtfully transformed on all three levels, it showcases sleek, modern finishes, impeccable craftmanship and an uncompromising detail throughout. Double front doors welcome you into a light filled interior where new European Oak flooring flows throughout. Living room framed by striking glass and steel doors and stunning gas fireplace. Large dining room with a butler's pantry/wet bar and a wine fridge. Expansive family room, with a gas fireplace serves as the focal point, beautifully framed by custom built-in cabinetry. The family room seamlessly opens to the chef's kitchen with custom cabinetry, top of the line Thermador appliances and taj mahal quartzite countertops & backsplashes. The large island provides the perfect setting for barstool seating, making it ideal for casual dining and everyday living. Also, on the main level is a versatile bedroom adjacent to a full bath, offering endless possibilities as a private guest suite or multi generational living space. The second level features four luxurious ensuite bedrooms, highlighted by a magnificent primary suite designed as a private retreat with a fireplace and a 17'x7' walk-in closet. The spa inspired primary bath showcases a free standing soaking tub, shower, marble thru-out and heated floors. The second floor also offers a glass enclosed flex room, ideal as a home office, fitness studio, or playroom. A laundry room completes the upper level. The finished lower level extends the home's living space with a spacious rec room, wet bar, fireplace and a full bath. High ceilings thru-out. Attached two car heated garage. Immediate occupancy. Property is also listed for lease priced at $22,500/month (MLS #20261085483)

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Birmingham

Over the last 90 days, 102 homes sold in Birmingham for a median of $907,000, about $331 per square foot, and the typical one went under contract in 18 days. This home is listed at $2,670,000, or $520 per square foot, 57% above the city median, and has been on the market 23 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Birmingham sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $19,200 a year. A buyer who lives here would pay about $19,392 to $51,429 a year once the taxable value resets after the sale, at the 2025 homestead rate of 38.14 mills for Birmingham City and Birmingham 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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