What a great buy! Come and build your dream home on this sun filled 1.02 acres parcel located in the prime area of Bloomfield Township surrounded by multi-million dollar new custom-built or remodeled homes. This is a fantastic location with access and privileges to Wing Lake, walking distance to the beach and close proximity to natural preserved areas, schools and shopping. The size and landscape of this property provides endless opportunities to build your dream home that suits your needs and lifestyle, leaving ample grounds for outdoor entertainment. This beautiful lot, with gas and electric on site, city water and city sewer is ready for you to break ground for your new luxury home. The seller has cleared up the building site by removing the old structure and cutting many trees, and is also providing a new professional topographical survey. The Forman's Wing Lake Sub. access to Wing Lake is on Forman Dr. Please don't walk the property without an appointment. Thank you!
Property Details
Property Features
Listing Office:
Office Name: Signature Sothebys International Realty Bham
Office Phone: (248) 644-7000
Listing Agent: Silvia Stan
Interior Features
Interior Information:
Basement: No
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Parking Information:
Garage Space: 1 space
Attached Garage: No
Parking: OneCarGarage
Lot Features
Lot Information:
Lot: Cleared
Lot Size: 1.02 Acres
Other
Directions Information:
Directions: North of Maple Rd and South of Quarton, on the East side of Franklin Rd.
Price Information
Listing Price Info
Price Summary:
List Price: $595,000
HOA Fees:
Amount: $400
Frequency: Annually
Tax Information:
Annual Amount: $7,228
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Bloomfield Hills, MI.
This property is $26.6K less than the Median Sold Price in Bloomfield Hills, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20230055336
Listing Office:
Office Name: Signature Sothebys International Realty Bham
Office Phone: (248) 644-7000
Listing Agent: Silvia Stan
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
West Maple Elementary School
6275 Inkster Rd
Distance between this listing and this school1.17 miles
Public Magnet Grades EE-5
7
/10
Way Elementary School
765 W Long Lake Rd
Distance between this listing and this school2.09 miles
Public District Grades KG-5
9
/10
Lone Pine Elementary School
3100 Lone Pine Rd
Distance between this listing and this school2.29 miles
Public District Grades KG-5
Nearby Schools
10
/10
South Hills Middle School
4200 Quarton Rd
Distance between this listing and this school0.49 miles
Public District Grades 6-8
7
/10
West Hills Middle School
2601 Lone Pine Rd
Distance between this listing and this school1.79 miles
Public District Grades 4-8
10
/10
Birmingham Covington School
1525 Covington Rd
Distance between this listing and this school2.75 miles
Public Magnet Grades 3-8
Nearby Schools
7
/10
Bloomfield Hills High School
4200 Andover Rd
Distance between this listing and this school1.73 miles
Public District Grades 9-12
6
/10
West Bloomfield High School
4925 Orchard Lake Rd
Distance between this listing and this school2.94 miles
Public District Grades 9-12
9
/10
Ernest W. Seaholm High School
2436 W Lincoln St
Distance between this listing and this school3.20 miles
The neighbors living near this home have an average income of $132,813. The majority of Bloomfield Hills, MI residents have income between $100k-200k annually. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5545 Franklin Rd
What is the listing price of this property?
The listing price of 5545 Franklin Rd property is $595,000.
What type of property is this?
The property 5545 Franklin Rd is land located in Bloomfield Hills, Michigan, 48301.
Is this property for sale now?
Active Listing: 5545 Franklin Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $7,228 (source: MLS/based on county public records data).
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This home is located at 5545 Franklin Rd in Bloomfield Hills, MI and zip code 48301. This home sits on a 1.02 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 25, 2024 and is currently priced at $595,000.
In November 2024 more than 18 listings in Bloomfield Hills, MI were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 22 were sold below. In November 2024 in Bloomfield Hills, MI there were 1.3% less homes for sale than in October 2024. In November 2024, listings were on the market for 24 days. During the same period, the median list price in this real estate market was $621,633.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. 
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