NOT LISTED FOR SALE

1027 Lakepointe St Unit 1029 Grosse Pointe Park, MI 48230

Estimated Value: $433,000 - $516,000

5 Beds
3 Baths
3,108 Sq Ft
$157/Sq Ft Est. Value

Last Sold August 12, 2016

Last sale price $279,000 $90 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,021/month

231 Days on Market

Highlights

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

About This Home

As of August 2016

Wonderfully unique 3 unit residence. 1027 consists of 2 units, upper and lower. 1029 is a two story single dwelling/townhouse style. Both 1027's (owner occupied) will be vacated by closing. 1029 tenant month to month lease @ $1,150. Separate gas and electric for all 3 units. 2 water meters. Gas forced air heat and central air in 1027. Open layouts, full basement, walk-up 3rd floor attic, all hardwood floors, many updates in all 3 units including kitchens and baths. All appliances staying. Grand front porch, large rear yard with multiple patios. A gardener's delight! Next to library and GPP Police Dept. 600 feet to downtown public transportation. Grosse Pointe parks and schools.

Last Listed By

Michael Fikany

James R. Fikany Real Estate Co License #MISPE-6504123062 Listed on: 10/20/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1914

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 60x159
  • Fenced Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Victorian Architecture
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Window Treatments
  • Bay Window
  • Living Room
  • Wood Flooring
  • Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Porch

Location

  • Property is near schools

Schools

  • Defer Elementary School
  • Pierce Middle School
  • Gpsouth High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Separate Meters
  • Gas Water Heater
  • Internet Available

Community Details

  • 3 Units
  • Berns Jefferson Ave Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 39008030002000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,039

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Victorian
  • Year Built: 1914
  • Mail City: Grosse Pointe Park
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Bay Window, Cable/Internet Avail., Hardwood Floors, Window Treatment(s)
  • Appliances: Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplace Features: Dinroom Fireplace
  • Basement: Yes
  • Basement Type: Outside Entrance
  • Bedrooms: 5
  • Bathroom Description: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Dining Kitchen: Eat-In Kitchen, Formal Dining Room
  • Sub Room Description: First Floor Bedroom, Living Room, Lower Level Laundry
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 3108

Exterior Features

  • Construction: Wood
  • Exterior Features: Deck, Fenced Yard, Patio, Porch, Sidewalks, Street Lights, Exterior Balcony
  • Frontage: 60
  • Foundation Type: Basement
  • Roads: Curbed, Paved Street

Garage/Parking

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

Utilities

  • Water: Public Water At Street
  • Water Heater: Gas
  • Cooling System: Central A/C
  • Fuel Type: Natural Gas
  • Heating System: Forced Air, Zoned Heating
  • 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: GPSouth

Lot Info

  • Assessor Parcel Number: 39008030002000
  • Location: Walk To School
  • Lot Dimensions: 60x159
  • Acreage: 0.22
  • Lot Description: Deep Lot - 150+ Ft., Sidewalks
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2015, Amount: $2,769.00
  • Winter Tax: Year: 2014, Amount: $3,270.00
  • Total Tax: Year: 2015, Amount: $6,039.00
  • SEV Year: 2015

Multi Family

  • Total Units: 3

MLS Schools

  • Elementary School: Defer
  • Middle School: Pierce
  • School District: Grosse Pointe Public Schools
  • HighSchool: GPSouth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2015
Closed on
Aug 12, 2016
Sold by
Quinn Catherine Rhyle and Quinn Colleen Marie
Bought by
Bossler Kathryn Ann
Seller's Agent
Michael Fikany
James R. Fikany Real Estate Co
Buyer's Agent
Lauren Buttazzoni
Zillow Inc.
List Price
$299,000
Sold Price
$279,000
Premium/Discount to List
-$20,000
-6.69%
Total Days on Market
231
Current Estimated Value
$487,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,195
Avg. Annual Appreciation
6.39%
Original Mortgage
$248,400
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2014
Sold by
Quinn Carolyn Cronk and Quinn Carolyn Elizabeth
Bought by
Quinn Catherine Rhyle

Purchase Details

Closed on
Mar 13, 2003
Sold by
Greco Joseph A
Bought by
Quinn Carolyn E

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 Buyer Sale Price Title Company
Bossler Kathryn Ann $279,000 Chirco Title Agency Inc
Quinn Catherine Rhyle -- Attorney
Quinn Carolyn E $269,000 Lawyers Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bossler Kathryn Ann $262,500
Closed Bossler Kathryn Ann $248,400
Previous Owner Quinn Carolyn E $217,500
Previous Owner Quinn Carolyn $180,000
Previous Owner Quinn Carolyn E $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2016 08/12/16 Sold $279,000 -6.7% $90 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
10/20/2015 10/20/15 For Sale $299,000 -- $96 / 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 $3,824 $257,700 $0 $0
2023 $3,652 $237,200 $0 $0
2022 $3,469 $224,900 $0 $0
2021 $7,870 $201,000 $0 $0
2019 $7,867 $157,300 $0 $0
2018 $3,308 $127,900 $0 $0
2017 $8,811 $85,700 $0 $0
2016 $6,307 $105,100 $0 $0
2015 $10,219 $102,700 $0 $0
2013 $9,900 $103,400 $0 $0
2012 $2,809 $106,900 $19,500 $87,400
Source: Public Records

Agents Affiliated with this Home

  • Michael Fikany

    Seller's Agent in 2016

    Michael Fikany

    James R. Fikany Real Estate Co

    (313) 402-7070

    32 in this area

    71 Total Sales

    Michael Fikany
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31267578

Michigan Multiple Listing Service

APN: 39-008-03-0002-000

Michigan Wayne County Grosse Pointe Park 48230

1027 Lakepointe St Unit 1029, Grosse Pointe Park, MI

Homes for Sale in Grosse Pointe Park, MI

This home is located at 1027 Lakepointe St Unit 1029, Grosse Pointe Park, MI 48230 since 20 October 2015 and is currently estimated at $487,195, approximately $156 per square foot. This property was built in 1914. 1027 Lakepointe St Unit 1029 is a home located in Wayne County with nearby schools including George Defer Elementary School, Pierce Middle School, and Grosse Pointe South High School.

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Michigan Multiple Listing Service Source MLS: MiRealSource
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