$2,250,000
SOLD DEC 5, 2022

1040 Lake Shore Rd Grosse Pointe Shores, MI 48236

6 Beds
4.5 Baths
4,148 Sq Ft
2.83 Acres

Recently Sold

$542 Per Sq Ft

10% Below List Price

Highlights

  • 2.83 Acre Lot
  • No HOA
  • Fireplace in Basement
  • Colonial Architecture
  • 4 Car Attached Garage
  • Forced Air Heating System

About This Home

As of September 2023

PRIVATE LAKEFRONT ESTATE on Lake St. Clair. 127.98 feet of lake frontage with depth of lot measuring 1,099.19 and 910.97. In addition to the main house there is a carriage house on the property consisting of three bedrooms, one full bath, a den and a two car garage. Carriage house is 1,080 square feet

Last Agent to Sell the Property

Zachary VanElslander

Jim Saros Real Estate Services License #6501413633 Listed on: 12/05/2022

Last Buyer's Agent

Zachary VanElslander

Jim Saros Real Estate Services License #6501413633 Listed on: 12/05/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1951

Lot Details

  • 2.83 Acre Lot
  • Lot Dimensions are 118.00 x 1005.10

Parking

  • 4 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 4,148 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Partially Finished Basement
  • Fireplace in Basement

Bedrooms and Bathrooms

  • 6 Bedrooms

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Assessors Grosse Pointe Shores Plat No 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1435454001

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,548

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1951
  • State Equalized Value: 821100.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement, Family Room
  • Room Count: 16
  • Total Bedrooms: 6
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 5098
  • Sq Ft Lower Floor: 950
  • Total Sq Ft: 4148
  • Sq Ft Total Bsmt: 1358

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 120
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 4 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: South Lake

Lot Info

  • Homestead: Yes
  • List Price per Acre: 883392.2200
  • Lot Size Area: 2.83
  • Lot Dimensions: 118.00 x 1005.10
  • Parcel Number: 1435454001

Tax Info

  • Tax Amount Summer: 28565.0000
  • Tax Amount Winter: 983.0000
  • Total Tax: 29548.0000
  • Taxable Value: 655204.0000

MLS Schools

  • School District: South Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2023
Closed on
Sep 8, 2023
Sold by
Vanelslander David and Vanelslander Susan
Bought by
Kramer Adrian and Kramer Gloria
Seller's Agent
Zachary VanElslander
Jim Saros Real Estate Services
Buyer's Agent
Sara Pilotto
List Price
$2,400,000
Sold Price
$2,380,000
Premium/Discount to List
-$20,000
-0.83%
Views
75
Current Estimated Value
$1,974,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$405,061
Avg. Annual Appreciation
-9.87%

Purchase Details

Closed on
Aug 12, 2022
Sold by
Kurtz Harry J and Kurtz Lynn M
Bought by
Vanelslander David and Vanelslander Van Elslander

Purchase Details

Listed on
Jan 5, 2015
Closed on
Dec 10, 2014
Sold by
Garland Harry T
Bought by
Kurtz Harry J and Kurtz Lynn M
Seller's Agent
Nanci Bolton
Sine & Monaghan LLC
Buyer's Agent
Cathy Champion
Sine & Monaghan LLC
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Original Mortgage
$880,000
Interest Rate
2.53%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Type Sale Price Title Company
Warranty Deed $2,380,000 Chirco Title
Warranty Deed -- Etitle Agency
Warranty Deed $1,100,000 Greco Title Agency Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $600,000 New Conventional
Previous Owner $880,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $2,380,000 -0.8% $574 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
08/06/2023 08/06/23 For Sale $2,400,000 +6.7% $579 / Sq Ft
12/05/2022 12/05/22 Sold $2,250,000 -10.0% $542 / Sq Ft
12/05/2022 12/05/22 Pending -- -- --
12/05/2022 12/05/22 For Sale $2,500,000 +127.3% $603 / Sq Ft
01/05/2015 01/05/15 Sold $1,100,000 -8.3% $359 / Sq Ft
01/05/2015 01/05/15 Pending -- -- --
01/05/2015 01/05/15 For Sale $1,200,000 -- $392 / 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
2025 $53,957 $951,700 $0 $0
2024 $38,045 $898,100 $0 $0
2023 $29,566 $834,400 $0 $0
2022 $29,566 $821,100 $0 $0
2021 $30,221 $801,100 $0 $0
2020 $0 $804,300 $0 $0
2019 $0 $642,000 $0 $0
2018 $0 $618,800 $0 $0
2017 $0 $581,900 $444,000 $137,900
2016 $27,532 $581,900 $0 $0
2015 -- $558,350 $0 $0
2011 -- $557,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221066275

Realcomp

APN: 18-14-35-454-001