Location, location, location! Nearly 5 acres of PRIME Rochester Hills real estate. Plenty of opportunity here whether you are looking for a property to build your dream home on or are an investor looking to develop and build—perhaps you could even do BOTH with this property. This spectacular wooded acreage is located on a dead-end street. Here's your chance to put your ideas on paper and turn them into a reality!
Sold for $465,000
$465,000
1581 Gravel Ridge Dr, Rochester Hills, MI 48307
3beds
1,392sqft
Single Family Residence
Built in 1950
5 Acres Lot
$488,700 Zestimate®
$334/sqft
$2,692 Estimated rent
Home value
$488,700
$454,000 - $523,000
$2,692/mo
Zestimate® history
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$3,053/mo
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Zillow last checked:
Listing updated:
Listed by:
David Klaft 586-685-3283,
Keller Williams Realty Lakeside
Bought with:
Alexander Dembitsky, 6501333849
RE/MAX Eclipse
Source: MiRealSource,MLS#: 50127090
Originating MLS: MiRealSource
Originating MLS: MiRealSourceFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom 1
- Area: 0
- Dimensions: 0 x 0
Bedroom 2
- Area: 0
- Dimensions: 0 x 0
Bedroom 3
- Area: 0
- Dimensions: 0 x 0
Bathroom 1
- Level: Entry
Heating
- Other
Features
- Windows: Storms/Screens
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,552
- Total interior livable area: 1,392 sqft
- Finished area above ground: 1,392
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: One and One Half
- Stories: 1.5
- Frontage type: Road
- Frontage length: 425
Lot
- Size: 5 Acres
- Dimensions: 425 x 487
- Features: Dead End, Wooded
Details
- Parcel number: 701524302006
- Zoning description: Residential
- Special conditions: Private
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Basement
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Ferryview Homelands
HOA
- Has HOA: No
Location
- Region: Rochester Hills
Financial & listing details
- Price per square foot: $334/sqft
- Tax assessed value: $328,400
- Annual tax amount: $5,074
- Date on market: 11/6/2023
- Cumulative days on market: 346 days
- Listing agreement: Exclusive Right to Sell/VR
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2024 | Sold | $465,000-2.1%$334/sqft |
Source:  MiRealSource #50127090 Report a problem | ||
| 8/9/2024 | Pending sale | $475,000$341/sqft |
Source: MiRealSource #50127090 Report a problem | ||
| 11/6/2023 | Listed for sale | $475,000$341/sqft |
Source: MiRealSource #50127090 Report a problem | ||
| 11/4/2023 | Listing removed | $475,000$341/sqft |
Source: MiRealSource #50094209 Report a problem | ||
| 9/14/2023 | Listed for sale | $475,000$341/sqft |
Source: MiRealSource #50094210 Report a problem | ||
| 11/14/2022 | Pending sale | $475,000$341/sqft |
Source: MiRealSource #50094209 Report a problem | ||
| 10/26/2022 | Listed for sale | $475,000$341/sqft |
Source: MiRealSource #50094209 Report a problem | ||
| 9/24/2022 | Listing removed | $475,000$341/sqft |
Source: MiRealSource #50068797 Report a problem | ||
| 7/22/2022 | Price change | $475,000-4%$341/sqft |
Source: MiRealSource #50068797 Report a problem | ||
| 3/24/2022 | Listed for sale | $495,000+23.8%$356/sqft |
Source: MiRealSource #50068797 Report a problem | ||
| 7/3/2018 | Listing removed | $400,000$287/sqft |
Source: Keller Williams Realty Rochester #217108073 Report a problem | ||
| 12/7/2017 | Listed for sale | $400,000$287/sqft |
Source: Keller Williams Rochester #217108073 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $164,200 +3.8% |
| 2024 | -- | $158,230 +3.3% |
| 2023 | -- | $153,200 +3% |
| 2022 | -- | $148,760 +4% |
| 2021 | -- | $142,980 +3.8% |
| 2020 | -- | $137,720 +4.2% |
| 2019 | -- | $132,230 +4.5% |
| 2018 | $4,998 +2% | $126,520 +0.8% |
| 2017 | $4,899 | $125,510 +8.4% |
| 2015 | -- | $115,770 +3.3% |
| 2014 | -- | $112,100 +11.9% |
| 2011 | -- | $100,140 -20.1% |
| 2010 | -- | $125,390 |
| 2009 | -- | $125,390 -1.4% |
| 2003 | -- | $127,110 +17.8% |
| 2002 | -- | $107,920 +54.1% |
| 2001 | $2,121 +7.5% | $70,040 +3.2% |
| 2000 | $1,974 | $67,870 |
Find assessor info on the county website
Neighborhood: 48307
Nearby homes
- $363,8004 bd1 ba2.3k sqft1561 Gravel Ridge Dr, Rochester Hills, MI 48307Off Market
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Nearby schools
GreatSchools rating
- 9/10Hampton Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 9/10Reuther Middle SchoolGrades: 6-12Distance: 1.7 mi
- 9/10Rochester High SchoolGrades: 7-12Distance: 2.8 mi
Schools provided by the listing agent
- District: Rochester Community School District
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$488,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$488,700
- Michigan
- Oakland County
- Rochester Hills
- 48307
- 1581 Gravel Ridge Dr
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