NOT LISTED FOR SALE

1 Martin Place Grosse Pointe, MI 48230

Grosse Pointe Neighborhood

Estimated Value: $640,000 - $3,485,000

5 Beds
3 Baths
6,400 Sq Ft
$319/Sq Ft Est. Value

Last Sold August 24, 2012

Last sale price $2,100,000 $328 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $15,150/month

104 Days on Market

Highlights

  • Access To Lake
  • Waterfront
  • Deck
  • Richard Elementary School Rated A
  • Colonial Architecture
  • Recreation Room

About This Home

As of August 2012

Spectacular waterfront property located directly on lake blt by Chris Blake w/latest construction techniques & modern floorplan. Sparkling panoramic lake views from most rooms. This Nantucket colonial offers classic appts w/high ceilings, crisp crown moldings, gleaming hdwd flrs, handsome paneled lib. w/bow window, gourmet kitchen w/granite adjacent to family rm w/fpl. Elevator services all 3 floors(includes bsmt). Steel seawall faced in stone. Unfinished area over garage for office or guest-add'l 850sqft.

Last Listed By

Janet Ridder

Sine & Monaghan LLC License #MISPE-6506020234 Listed on: 04/25/2012

Sine & Monaghan LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1993

Lot Details

  • 159 Ft Wide Lot
  • Waterfront
  • Street terminates at a dead end
  • Fenced Yard
  • Sprinkler System

Home Design

  • Colonial Architecture
  • Cedar

Interior Spaces

  • 6,400 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Sound System
  • Bar Fridge
  • Bay Window
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Den
  • Recreation Room
  • Sun or Florida Room
  • Wood Flooring
  • Home Security System
  • Laundry on upper level

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 3.5 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Access To Lake
  • Seawall
  • Balcony
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 37006030002301

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,262

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bay Window, Cable/Internet Avail., Elevator/Lift, Hardwood Floors, Spa/Jetted Tub, Security System, Sound System, Sump Pump, Walk-In Closet, Wet Bar/Bar
  • Appliances: Bar-Refrigerator, Dishwasher, Disposal, Humidifier, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace, LivRoom Fireplace, Natural Fireplace
  • Basement: Yes
  • Basement: Finished, Full
  • Bedrooms: 5
  • Bedroom 1: On 2nd Floor, Dimensions: 27 x 18
  • Bedroom 2: On 2nd Floor, Dimensions: 15 x 11
  • Bedroom 3: On 2nd Floor, Dimensions: 17 x 13
  • Bedroom 4: On 2nd Floor, Dimensions: 17 x 14
  • Bedroom 5: On 2nd Floor, Dimensions: 15 x 13
  • Bathrooms Description: Basement Lavatory, First Flr Lavatory, MstrBdrm Full Bathroom, Second Flr Lavatory
  • Full Bathrooms: 3
  • Total Bathrooms: 5
  • Room Types: Den/Study/Lib, Entry, Family Room, Living Room, Recreation Room, Second Floor Laundry, Sun/Florida Room
  • Breakfast Nook: On 1st Floor, Dimensions: 14 x 6
  • Dining Room: On 1st Floor, Dimensions: 16 x 16
  • Family Room: On 1st Floor, Dimensions: 21 x 16
  • Kitchen: On 1st Floor, Dimensions: 20 x 19
  • Kitchen Features: Breakfast Nook/Room, Pantry, Eat-In Kitchen, Formal Dining Room
  • Laundry: On 2nd Floor, Dimensions: 16 x 7
  • Library Den: On 1st Floor, Dimensions: 17 x 15
  • Living Room: On 1st Floor, Dimensions: 20 x 16
  • Sitting Room: On 2nd Floor, Dimensions: 12 x 12
  • Sun Room: On 1st Floor, Dimensions: 12 x 12
  • Half Bathrooms: 2
  • Above Grade Finished Sq Ft: 6400
  • Total Finished Sq Ft: 6400

Exterior Features

  • Exterior: Cedar
  • Exterior Features: Exterior Balcony, Deck, Fenced Yard, Lawn Sprinkler, Patio, Porch
  • Foundation: Basement
  • Frontage: 159
  • Road: Paved Street, Private Road
  • Water Features: All Sports Lake, Lake Frontage, Lake/River Access, Sea Wall, Water View, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Garage: Attached Garage, Electric in Garage, Gar Door Opener, Heated Garage
  • Garage Spaces: 3.5
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Schools

  • High School: South

Lot Info

  • Assessor Parcel Number: 37006030002301
  • Zoning: Residential
  • Location: Dead End
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft.
  • Lot Dimensions: Irregular
  • Map Side Numeric: 5
  • Map Top Alpha: AJ
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2012, Amount: $23,456.98
  • Winter Tax: Year: 2011, Amount: $12,804.71
  • Taxable Value: 792022
  • Total Tax: Year: 2012, Amount: $36,261.69
  • SEV Year: 2012

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2012
Closed on
Aug 24, 2012
Sold by
Exley Charles E and The Charles E Exley Jr Trust
Bought by
Nicholson David A and Nicholson Kristin E
Seller's Agent
Janet Ridder
Sine & Monaghan LLC
Buyer's Agent
Michael Fikany
James R. Fikany Real Estate Co
List Price
$2,625,000
Sold Price
$2,100,000
Premium/Discount to List
-$525,000
-20%
Total Days on Market
104
Current Estimated Value
$2,043,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,964
Avg. Annual Appreciation
0.06%

Purchase Details

Closed on
Nov 17, 2011
Sold by
Exley Charles E
Bought by
Exley Charles E and Charles E Exley Jr Trust

Purchase Details

Closed on
Jun 23, 2006
Sold by
Kennedy Dexter J and Kennedy Barbara L
Bought by
Exley Charles E

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nicholson David A $2,100,000 Greco Title Agency Llc
Exley Charles E -- None Available
Exley Charles E $3,100,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicholson David A $800,000
Previous Owner Kennedy Dexter J $2,500,000
Previous Owner Kennedy Dexter J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2012 08/24/12 Sold $2,100,000 -20.0% $328 / Sq Ft
08/07/2012 08/07/12 Pending -- -- --
04/25/2012 04/25/12 For Sale $2,625,000 -- $410 / Sq Ft
Source: Michigan Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $45,225 $1,439,800 $0 $0
2023 $43,129 $1,318,800 $0 $0
2022 $62,421 $1,296,900 $0 $0
2021 $59,186 $1,259,000 $0 $0
2019 $61,472 $1,130,300 $0 $0
2018 $38,152 $1,191,000 $0 $0
2017 $40,278 $1,182,400 $0 $0
2016 $57,419 $1,163,100 $0 $0
2015 $108,882 $1,212,200 $0 $0
2013 $105,480 $1,089,800 $0 $0
2012 -- $991,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Janet Ridder

    Seller's Agent in 2012

    Janet Ridder

    Sine & Monaghan LLC

    (313) 300-5558

    11 in this area

    50 Total Sales

    Janet Ridder
    Section Image
  • Michael Fikany

    Buyer's Agent in 2012

    Michael Fikany

    James R. Fikany Real Estate Co

    (313) 402-7070

    7 in this area

    71 Total Sales

    Michael Fikany
    Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 31100252

Michigan Multiple Listing Service

APN: 37-006-03-0002-301

Michigan Wayne County Grosse Pointe 48230 Grosse Pointe

1 Martin Place, Grosse Pointe, MI

Homes for Sale in Grosse Pointe, MI

This home is located at 1 Martin Place, Grosse Pointe, MI 48230 since 25 April 2012 and is currently estimated at $2,043,036, approximately $319 per square foot. This property was built in 1993. 1 Martin Place is a home located in Wayne County with nearby schools including Richard Elementary School, Brownell Middle School, and Grosse Pointe South High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Nearby Homes