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5560 Franklin Rd, Bloomfield Hills, MI, 48301

$550,000

Home List Price

$6,531*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
3,806 SqFt
$145/SqFt
House

Location

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5560 Franklin Rd, Bloomfield Hills$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingOneCarGarage, Detached, WorkshopinGarage
Garage1 space
Year Built1901
HeatingBaseboard, Natural Gas
CoolingCeiling Fan(s), Central Air
BasementYes
MLS #20240074544
Lot Size0.73 Acres
StatusAccepting Backup Offers

About 5560 Franklin Rd

Welcome to your dream home! Nestled in a highly desirable area of Bloomfield Hills, this beautiful historical farmhouse combines timeless elegance with modern comfort. Boasting 3 spacious bedrooms, 2 and a half well-appointed bathrooms, with at least two additional flex spaces, this residence is perfect for those seeking a serene retreat. As you step inside, you’ll be greeted by the home’s original charm, featuring classic architectural details and an abundance of natural light. The inviting living spaces flow seamlessly, providing the ideal setting for both cozy gatherings and entertaining. The serene backyard is your own private oasis, complete with lush landscaping and peaceful areas to unwind. Enjoy morning coffee or evening sunsets on the lovely front and back porches, where you can savor the tranquil surroundings. Additionally, the old carriage house presents a unique opportunity for conversion into a quaint studio, workshop, or guest suite—endless possibilities await! Don’t miss this rare chance to own a piece of history in one of the most sought-after neighborhoods. Schedule your private tour today and discover the perfect blend of character and convenience in Bloomfield Hills!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1901
  • Living Area: 3,806 SqFt

Listing Office:

  • Office Name: Thrive Realty Company
  • Office Phone: (248) 256-5046
  • Listing Agent: Alexandra Hoeft, James K Hoeft

Interior Features

Interior Information:

  • Appliances: Refrigerator, Dishwasher, Dryer, Gas Range, Microwave, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: OneCarGarage, Detached, WorkshopinGarage

Lot Features

Lot Information:

  • Lot Size: 0.73 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • Directions: S of Quarton Rd/W of Franklin Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $145/SqFt

Tax Information:

  • Annual Amount: $5,822
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Bloomfield Hills, MI.

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Bloomfield Hills, MI

City

Med. Sold Price

$621.6K

Med. Price/SqFt

$195

Avg. Days On Market

24

# of Sold Homes

45

5560 Franklin Rd vs Bloomfield Hills

72 DAYS ON ROCKET

+48 Days

$550,000

-$71.6K Less

$145/SqFt

-$50 Less

KEY TAKEAWAY

This property is $71.6K less than the Median Sold Price and $50/SqFt less than other homes in Bloomfield Hills, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240074544

Listing Office:

  • Office Name: Thrive Realty Company
  • Office Phone: (248) 256-5046
  • Listing Agent: Alexandra Hoeft, James K Hoeft

IDXDisclaimer: 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.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 9:21:09 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 20, 2017Home Sold
$370,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,822$151,180
2020$5,406$153,320
2018$5,453$142,480
2017$5,268$138,050

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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NMLS#3030

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.

Nearby Schools

school-card-donut-4469566
7
/10

  • West Maple Elementary School

  • 6275 Inkster Rd

  • 1.13 miles

  • Public Magnet Grades EE-5

school-card-donut-4469567
7
/10

  • Way Elementary School

  • 765 W Long Lake Rd

  • 2.12 miles

  • Public District Grades KG-5

school-card-donut-4469568
9
/10

  • Lone Pine Elementary School

  • 3100 Lone Pine Rd

  • 2.22 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $142,434. Residents of Bloomfield Hills, MI typically earn $200k+ each year. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5560 Franklin Rd

What is the listing price of this property?

The listing price of 5560 Franklin Rd property is $550,000.

What type of property is this?

The property 5560 Franklin Rd is a house located in Bloomfield Hills, Michigan, 48301.

Is this property for sale now?

Accepting Backup Offers: 5560 Franklin Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,822 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 20, 2017 for $370,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5560 Franklin Rd has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5560 Franklin Rd is 3,806 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5560 Franklin Rd is 1901.

Rocket Homes›Michigan›Oakland County›Bloomfield Hills›48301›5560 Franklin Rd

This home is located at 5560 Franklin Rd in Bloomfield Hills, MI and zip code 48301. This 3,806 square foot home, which was built in 1901, sits on a 0.73 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 06, 2024 and is currently priced at $550,000.

Bloomfield Hills, MI housing market in November 2024 saw over 18 listings sold above listed price, more than 5 sold at listed price and over 22 sold below. The number of listings in Bloomfield Hills, MI decreased by 1.3% between October 2024 and November 2024. In November 2024 median list price was $621,633 and the average listing age was 24 days.

From Rocket Homes Real Estate and based on county public records data.

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