$395,000
SOLD OCT 13, 2021

1016 Lakepointe St Unit 1018 Grosse Pointe Park, MI 48230

4 Beds
6 Baths
2,800 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$141 Per Sq Ft

6% Below List Price

29 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Porch
  • George Defer Elementary School Rated A
  • Balcony
  • Forced Air Heating and Cooling System

About This Home

As of January 2024

Beautifully remodeled two family home in desirable Grosse Pointe location. Each unit has a large living room with fireplace, dining room, two full and one 1/4 bathrooms, two bedrooms (one master) with tons of closet space, and brand new kitchen with new appliances and spacious island equipped with electrical. Both units have all new plumbing, electrical, heating, AC, hot water tank, and windows. Beautifully refinished hardwood floors throughout. Four car garage with electrical and automatic garage door openers--a great bonus feature not often found in this location. Separate utilities (including water) and front/back entrances for each unit. The basement can be completely locked off and offers a separate entrance, laundry facility, and bathroom in each unit. Huge attic storage space. Each unit has its own porch and large rear deck for enjoying cooler evenings. Live in one unit and rent out the other, or turn both units into easy income streams! Come check out this turnkey gem!

Last Agent to Sell the Property

Ashley Szelestey-Long

Oak and Stone Real Estate License #6501437392 Listed on: 08/09/2021

Last Buyer's Agent

Michael Defauw

Sine & Monaghan LLC License #6501387091

Sine & Monaghan LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1931 | Remodeled in 2020

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40.00x158.00
  • Private Entrance
  • Fenced

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Balcony
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 39008030108004

Community Details

Overview

  • 2 Units
  • Bern Jefferson Ave Sub Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,440

Year Built

Built in 1931 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Duplex
  • Architecture Level: 2 Story
  • Year Built: 1931
  • State Equalized Value: 113400.0000
  • Year Renovated: 2020
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished, Private
  • Sq Ft Combined: 2800
  • Total Sq Ft: 2800
  • Sq Ft Total Bsmt: 1300

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Private Entry, Fenced
  • Foundation Materials: Brick/Mortar, Poured
  • Frontage Feet: 40
  • Porch Type: Balcony, Deck, Porch
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

  • MF Parking: Garages
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air, Separate Meter
  • Heating: Forced Air, Separate Meters
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas, Separate Meters
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Schools

  • School District: Grosse Pointe

Lot Info

  • Lot Size Area: 0.14
  • Lot Dimensions: 40.00X158.00
  • Parcel Number: 39008030108004
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2800

Tax Info

  • Tax Amount Summer: 2092.0000
  • Tax Amount Winter: 3348.0000
  • Total Tax: 5440.0000
  • Taxable Value: 82244.0000

Multi Family

  • Gross Scheduled Income: 33600.00
  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Grosse Pointe

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
-3.67%

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

Similar Home in the area

  • 1258 Wayburn St Unit 1260, Grosse Pointe, MI 48230

    $325,000

    • 4 Beds
    • 2 Baths
    • 2,014 Sq Ft
    • 1258 Wayburn St
    • Unit 1260
    • Grosse Pointe, MI

    This is a well maintained 2 family in Grosse Pointe Park It features Updated kitchens, hardwood floors. New roof and new furnace in lower with central air conditioning. Great location with walking distance to schools, West Park restaurant district and two lake front parks Lower rents $1300 per month with a lease through Sept 2025. Upper $1200 per month with a lease thru Sept. 2025

    Paula M. Morris Adlhoch & Associates, REALTORS

    Section Image

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $476,000 Ata National Title
Interfamily Deed Transfer -- None Available
Warranty Deed $395,000 Chirco Title Agency Inc
Deed $175,000 Title Partners Llc
Warranty Deed -- None Available
Sheriffs Deed -- None Available
Interfamily Deed Transfer -- Title Source Inc
Warranty Deed $219,000 Greco
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $254,000 New Conventional
Previous Owner $316,000 New Conventional
Previous Owner $34,924 FHA
Previous Owner $9,022 Future Advance Clause Open End Mortgage
Previous Owner $202,808 FHA
Previous Owner $217,283 FHA
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: Realcomp

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

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Map

Source: Realcomp

MLS Number: 2210065140

Realcomp

APN: 39-008-03-0108-004