NOT LISTED FOR SALE

1016 Lakepointe St Unit 1018 Grosse Pointe Park, MI 48230

Estimated Value: $376,000 - $497,000

6 Beds
2 Baths
2,640 Sq Ft
$171/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $476,000 $180 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,844/month

Highlights

  • 4 Car Detached Garage
  • George Defer Elementary School Rated A
  • Forced Air Heating System

About This Home

As of January 2024

Gorgeous completely updated Duplex in Grosse Pointe Park! This incredible investment opportunity boasts 2 new Chef's kitchens with high end stainless steel appliances and island. Both 2 bedroom units have 2 full baths with rare primary ensuites. Brand new everything! Original refinished hardwood floors throughout! New windows bring in lots of natural light. Steps away from West Park shops & the Charlevoix District restaurants & nightlife. Across the street from the Grosse Pointe Public Library and one block from Fairfax market for your daily shopping convenience. This rental has it all. Access to two private resident only waterfront parks including movie theater, kayaking and tennis courts with a short 15 minute commute to Downtown Detroit. Private basement for each unit w/washer & dryer. 4 car garage w/ automatic door and remotes. Central air. Both units each have a private back deck perfect for entertaining. Leases in place at 2K a month per unit with exceptional tenants. This is the ideal rental property you've been looking for.

Last Agent to Sell the Property

Michael Defauw

Sine & Monaghan LLC License #MISPE-6501387091 Listed on: 12/22/2023

Sine & Monaghan LLC

Last Buyer's Agent

Jaime Rae Turnbull

Higbie Maxon Agney Inc License #MISPE-6501312561

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1931

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40x158

Parking

  • 4 Car Detached Garage

Interior Spaces

  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 2 Units
  • Bern Jefferson Ave Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 39-008-03-0108-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,059

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1931
  • Mail City: Grosse Pointe Park
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Estimated
  • Estimated Sq Ft: 2640

Exterior Features

  • Frontage: 40
  • Foundation Type: Basement

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 4

Utilities

  • Water: Public Water At Street
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 39-008-03-0108-004
  • Lot Dimensions: 40X158
  • Acreage: 0.14
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $3,803.00
  • Winter Tax: Year: 2022, Amount: $6,256.00
  • Total Tax: Year: 2023, Amount: $10,059.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2023
Closed on
Jan 5, 2024
Sold by
Lakepointe Realty Group Llc
Bought by
Mattes Donald M
Seller's Agent
Michael Defauw
Sine & Monaghan LLC
Buyer's Agent
Jaime Rae Turnbull
Higbie Maxon Agney Inc
List Price
$475,000
Sold Price
$476,000
Premium/Discount to List
$1,000
0.21%
Views
28
Current Estimated Value
$450,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,104
Avg. Annual Appreciation
-3.64%

Purchase Details

Listed on
Oct 14, 2021
Closed on
Nov 22, 2021
Sold by
Mcneal Anthony
Bought by
Lakepointe Realty Group Llc
Seller's Agent
Michael Defauw
Sine & Monaghan LLC
Buyer's Agent
Michael Defauw
Sine & Monaghan LLC
Sold Price
$1,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%
Original Mortgage
$316,000
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2021
Closed on
Oct 13, 2021
Sold by
Lapoint Hal
Bought by
Mcneal Anthony
Seller's Agent
Michael Defauw
Sine & Monaghan LLC
Buyer's Agent
Michael Defauw
Sine & Monaghan LLC
Sold Price
$1,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 27, 2019
Closed on
Jan 29, 2020
Sold by
Secretary Of Housing & Urban Development
Bought by
Lapoint Hal
Seller's Agent
Giovan Agazzi
GSA Elite Realty
Buyer's Agent
James Munro
GSA Elite Realty
List Price
$190,000
Sold Price
$175,000
Premium/Discount to List
-$15,000
-7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.43%

Purchase Details

Closed on
Oct 28, 2019
Sold by
Quicken Loans Inc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jul 5, 2018
Sold by
Clexton John A and Clexton Kimberly H
Bought by
Quicken Loans Inc

Purchase Details

Closed on
Jul 12, 2011
Sold by
Clexton John A and Clexton Kimberly H
Bought by
Clexton John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,808
Interest Rate
4.52%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 23, 2006
Sold by
Tighe Robert G
Bought by
Clexton John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,283
Interest Rate
6.37%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Mattes Donald M $476,000 Ata National Title
Lakepointe Realty Group Llc -- None Available
Mcneal Anthony $395,000 Chirco Title Agency Inc
Lapoint Hal $175,000 Title Partners Llc
Secretary Of Housing & Urban Development -- None Available
Quicken Loans Inc -- None Available
Clexton John A -- Title Source Inc
Clexton John A $219,000 Greco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mattes Donald M $254,000
Previous Owner Mcneal Anthony $316,000
Previous Owner Clexton John A $34,924
Previous Owner Clexton John $9,022
Previous Owner Clexton John A $202,808
Previous Owner Clexton John A $217,283
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2024 01/05/24 Sold $476,000 +0.2% $180 / Sq Ft
12/22/2023 12/22/23 Pending -- -- --
12/22/2023 12/22/23 For Sale $475,000 0.0% $180 / Sq Ft
12/08/2021 12/08/21 Rented $1,900 -5.0% --
12/01/2021 12/01/21 Under Contract -- -- --
11/08/2021 11/08/21 Price Changed $2,000 -7.0% $1 / Sq Ft
10/14/2021 10/14/21 For Rent $2,150 0.0% --
10/13/2021 10/13/21 Sold $395,000 -6.0% $141 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $420,000 +140.0% $150 / Sq Ft
01/31/2020 01/31/20 Sold $175,000 -7.9% $67 / Sq Ft
12/26/2019 12/26/19 Pending -- -- --
12/16/2019 12/16/19 For Sale $190,000 0.0% $73 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
11/27/2019 11/27/19 For Sale $190,000 -- $73 / 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 $3,983 $169,800 $0 $0
2023 $3,803 $154,900 $0 $0
2022 $3,613 $145,600 $0 $0
2021 $8,498 $129,200 $0 $0
2019 $4,338 $99,600 $0 $0
2018 $3,825 $89,800 $0 $0
2017 $5,632 $60,900 $0 $0
2016 $4,776 $78,900 $0 $0
2015 $7,628 $76,500 $0 $0
2013 $7,390 $75,500 $0 $0
2012 $2,073 $79,500 $18,000 $61,500
Source: Public Records

Agents Affiliated with this Home

  • Michael Defauw

    Seller's Agent in 2024

    Michael Defauw

    Sine & Monaghan LLC

    (313) 820-5428

    86 in this area

    217 Total Sales

    Michael Defauw
    Section Image
  • Jaime Rae Turnbull

    Buyer's Agent in 2024

    Jaime Rae Turnbull

    Higbie Maxon Agney Inc

    (313) 886-3400

    12 in this area

    37 Total Sales

    Jaime Rae Turnbull
    Section Image
  • Ashley Szelestey-Long

    Seller's Agent in 2021

    Ashley Szelestey-Long

    Oak and Stone Real Estate

    (313) 204-2392

    1 in this area

    39 Total Sales

    Section Image
  • Giovan Agazzi

    Seller's Agent in 2020

    Giovan Agazzi

    GSA Elite Realty

    (586) 333-1020

    32 Total Sales

    Giovan Agazzi
    Section Image
  • James Munro

    Buyer's Agent in 2020

    James Munro

    GSA Elite Realty

    (586) 630-7470

    36 Total Sales

    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50130273

Michigan Multiple Listing Service

APN: 39-008-03-0108-004

Michigan Wayne County Grosse Pointe Park 48230

1016 Lakepointe St Unit 1018, Grosse Pointe Park, MI

This home is located at 1016 Lakepointe St Unit 1018, Grosse Pointe Park, MI 48230 since 22 December 2023 and is currently estimated at $450,896, approximately $170 per square foot. This property was built in 1931. 1016 Lakepointe St Unit 1018 is a home located in Wayne County with nearby schools including George Defer Elementary School, Pierce 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
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