NOT LISTED FOR SALE

1023 Maryland St Unit 25 Grosse Pointe Park, MI 48230

Estimated Value: $344,000 - $373,000

4 Beds
2 Baths
2,536 Sq Ft
$141/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $115,000 $45 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $2,108/month

56 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Main Floor Bedroom
  • George Defer Elementary School Rated A
  • Wood Flooring
  • Fenced Yard

About This Home

As of May 2015

This two family flat has a porch and a deck for the first and second unit. Fireplace in the living room, hardwood floors, detached garage and a fenced yard. THIS PROPERTY IS ELIGIBLE UNDER THE FREDDIE MAC FIRST LOOK INITIATIVE THROUGH 1-28-14. PROPERTY SOLD 'AS IS' BUYER RESPONSIBLE FOR ANY MUNICIPAL REQUIREMENTS AND BUYER TO VERIFY ALL INFORMATION. , FREDDIE MAC WILL PAY UP TO $500 FOR OWNER OCCUPANT HOME WARRANTY TO BE SUBMITTED WITH OFFERS.

Last Agent to Sell the Property

Kent Colpaert

Bearing Group License #MISPE-6502334886 Listed on: 01/08/2015

Last Buyer's Agent

Ramona Green

Bearing Group License #MISPE-6501368152

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,593

Year Built

  • Built in 1920

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40x101
  • Fenced Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near schools

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 3900807015202

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,593

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Originating MLS: MI Real Source
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Colonial
  • Year Built: 1920
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Hardwood Floors
  • Fireplace: Yes
  • Fireplace Features: Livroom Fireplace
  • Basement: Yes
  • Bedrooms: 4
  • Bathroom Description: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Formal Dining Room
  • Sub Room Description: First Floor Bedroom, Living Room
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 2536

Exterior Features

  • Construction: Brick
  • Exterior Features: Deck, Fenced Yard, Porch, Sidewalks
  • Frontage: 40
  • Foundation Type: Basement
  • Roads: Paved Street

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2
  • Parking: 2 Spaces

Utilities

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

Schools

  • Elementary School: Defer
  • Middle School: Pierce
  • High School: Grosse Pointe South

Lot Info

  • Assessor Parcel Number: 3900807015202
  • Location: Walk To School
  • Lot Dimensions: 40x101
  • Acreage: 0.09
  • Zoning: Residential
  • Map Side Numeric: 6
  • Map Top Alpha: AH
  • Geo Subdivision: MI

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2022
Sold by
Lareen Manley
Bought by
Manley Lareen and Manley Erick
Total Days on Market
56
Current Estimated Value
$356,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,750
Outstanding Balance
$141,456
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$213,424

Purchase Details

Closed on
Jul 10, 2020
Sold by
Booker Lareen
Bought by
Manley Lareen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,741
Interest Rate
2.73%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 8, 2015
Closed on
May 13, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Booker Lareen
Seller's Agent
Kent Colpaert
Bearing Group
Buyer's Agent
Ramona Green
Bearing Group
List Price
$149,900
Sold Price
$115,000
Premium/Discount to List
-$34,900
-23.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.85%
Original Mortgage
$162,961
Interest Rate
3.91%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 27, 2014
Sold by
Searcy Jon and Johnson Tardrec
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 21, 2011
Sold by
Johnson Tardrec
Bought by
Searcy Jon

Purchase Details

Closed on
May 31, 2005
Sold by
Max L Gardner Living Trust
Bought by
Searcy Jon K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,600
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 25, 2004
Sold by
Gardner Max L and Gardner Doris J
Bought by
Gardner Max L
Source: Public Records

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Range of Values:

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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
Manley Lareen -- Rosenberg Pllc
Manley Lareen -- Minnesota Title Agency
Booker Lareen $115,000 Attorney
Federal Home Loan Mortgage Corporation $152,498 None Available
Searcy Jon -- None Available
Searcy Jon K $144,500 Lamont Title Company
Gardner Max L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manley Lareen $151,750
Previous Owner Manley Lareen $150,741
Previous Owner Booker Lareen $50,000
Previous Owner Booker Lareen $162,961
Previous Owner Searcy Jon K $10,000
Previous Owner Searcy Jon K $16,000
Previous Owner Searcy Jon $128,000
Previous Owner Searcy Jon K $115,600
Previous Owner Searcy Jon K $21,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2015 05/15/15 Sold $115,000 -23.3% $45 / Sq Ft
03/05/2015 03/05/15 Pending -- -- --
01/08/2015 01/08/15 For Sale $149,900 -- $59 / 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 $2,593 $202,400 $0 $0
2023 $2,476 $184,000 $0 $0
2022 $2,353 $172,600 $0 $0
2021 $5,338 $151,900 $0 $0
2019 $5,335 $116,600 $0 $0
2018 $2,243 $102,400 $0 $0
2017 $6,143 $72,800 $0 $0
2016 $5,229 $86,500 $0 $0
2015 $8,320 $83,700 $0 $0
2013 $8,060 $82,500 $0 $0
2012 $2,276 $87,300 $13,700 $73,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31225880

Michigan Multiple Listing Service

APN: 39-008-07-0152-002