NOT LISTED FOR SALE

1048 Vernier Rd Grosse Pointe Woods, MI 48236

Estimated Value: $222,000 - $283,302

3 Beds
1 Bath
1,606 Sq Ft
$154/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $185,000 $115 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,679/month

7 Days on Market

Highlights

  • Marina
  • Outdoor Pool
  • Wood Flooring
  • Ferry Elementary School Rated A
  • Colonial Architecture
  • Tennis Courts

About This Home

As of September 2023

** PRICED TO SELL!! ** GROSSE POINTE WOODS COLONIAL LOCATED ACROSS FROM LOCHMOOR GOLF CLUB FEATURING A LARGE LIVING ROOMS WITH FIREPLACE, FORMAL DINING ROOM, FINISHED BASEMENT, 3 LARGE BEDROOMS, KITCHEN WITH APPLIANCES, 1.5 BATHROOMS, NEWER WINDOWS AND ROOF, HARDWOOD FLOORS THROUGHOUT, AND A PRIVATE BACKYARD WITH PATIO AND PORCH. GREAT LOCATION WALKING DISTANCE TO MASON ELEMENTARY, PARCELLS MIDDLE SCHOOL, AND GROSSE POINTE NORTH HIGH SCHOOL. ** PRICED TO SELL!! **

Last Listed By

Scott Adlhoch

Adlhoch & Associates, REALTORS License #MISPE-6502432674 Listed on: 08/21/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 44 x 115

Parking

  • 1.5 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

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

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 40006020024005

Community Details

Overview

  • Assessors Grosse Pointe Woods Sub Subdivision

Recreation

  • Marina
  • Tennis Courts
  • Community Playground
  • Community Spa
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,328

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Year Built: 1948
  • Mail City: Grosse Pointe Woods
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace
  • Basement: Yes
  • Basement: Finished
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 14 x 11
  • Bedroom 2: On 2nd Floor, Dimensions: 13 x 10
  • Bedroom 3: On 2nd Floor, Dimensions: 10 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Second
  • Room Types: Living Room, First Flr Lavatory, Formal Dining Room
  • Dining Room: On 1st Floor, Dimensions: 10 x 10
  • Kitchen: On 1st Floor, Dimensions: 10 x 10
  • Living Room: On 1st Floor, Dimensions: 17 x 13
  • Below Grade Sq Ft: 650
  • Finished Below Grade Sq Ft: 300
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1306
  • Total Finished Sq Ft: 1606

Exterior Features

  • Pool: Yes
  • Exterior: Brick
  • Exterior Features: Patio, Porch
  • Foundation: Basement
  • Frontage: 44

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 1.5
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public At Street
  • Water: Public Water at Street
  • Water Heater: Gas
  • Cooling: Central A/C

Condo/Co-op/Association

  • Community Features: Marina, Park, Playground, Pool/Hot Tub, Tennis Courts

Lot Info

  • Assessor Parcel Number: 40006020024005
  • Zoning: Residential
  • Lot Dimensions: 44 x 115
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $2,161.00
  • Winter Tax: Year: 2022, Amount: $2,167.00
  • Total Tax: Year: 2023, Amount: $4,328.00

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Sep 15, 2023
Sold by
Gallagher Jennifer A
Bought by
Mullica Gavin and Mullica Carrie
Seller's Agent
Scott Adlhoch
Adlhoch & Associates, REALTORS
Buyer's Agent
Julie Ahee
Sine & Monaghan LLC
List Price
$175,000
Sold Price
$185,000
Premium/Discount to List
$10,000
5.71%
Total Days on Market
7
Views
39
Current Estimated Value
$247,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,076
Avg. Annual Appreciation
16.52%
Original Mortgage
$148,000
Outstanding Balance
$145,956
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$93,965

Purchase Details

Closed on
Jun 16, 2003
Sold by
Gallagher Jennifer A and Gallagher Brian
Bought by
Gallagher Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

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
Mullica Gavin $185,000 Ata National Title
Gallagher Brian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mullica Gavin $148,000
Previous Owner Gallagher Brian $166,600
Previous Owner Gallagher Brian $25,000
Previous Owner Gallagher Brian $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $185,000 +5.7% $115 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
08/21/2023 08/21/23 For Sale $175,000 -- $109 / 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 $3,553 $104,500 $0 $0
2023 $2,161 $101,400 $0 $0
2022 $4,211 $92,600 $0 $0
2021 $4,110 $89,700 $0 $0
2020 $4,027 $84,800 $0 $0
2019 $3,962 $78,800 $0 $0
2018 $1,933 $70,700 $0 $0
2017 $3,514 $70,500 $0 $0
2016 $3,672 $66,700 $0 $0
2015 $5,308 $64,000 $0 $0
2013 $5,090 $51,900 $0 $0
2012 -- $55,600 $15,800 $39,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50119480

Michigan Multiple Listing Service

APN: 40-006-02-0024-005