NOT LISTED FOR SALE

1083 Lakepointe St Grosse Pointe Park, MI 48230

Estimated Value: $220,000 - $277,000

-- Bed
-- Bath
-- Sq Ft
4,800 Sq Ft Lot

Last Sold February 16, 2024

Last sale price $230,000

Est. 11% increase in value since last sale

Current estimated payment $1,626/month

Highlights

  • 1 Fireplace
  • George Defer Elementary School Rated A
  • Forced Air Heating System

About This Home

As of February 2024

This two family gem is located right in walking distance to West Park's mile of restaurants, shopping, and night life. There are so many options with this duplex featuring a 2 bedroom first floor unit and a 1 bedroom second floor unit. Rent both and enjoy immediate cashflow, live in one & rent out the upstairs, or convert this to a single family home. Large backyard, two covered porches, updates throughout. This is a prime investment opportunity in one of the most sought after communities. Schedule your showing today!

Last Agent to Sell the Property

Julian Glass

Glass Home Realty License #6502393283 Listed on: 12/30/2023

Co-Listed By

Shayla Glass

Glass Home Realty License #6506047428

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 30.00 x 160.80

Home Design

  • Aluminum Siding

Interior Spaces

  • 1 Fireplace

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for water

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Bern Jefferson Ave Sub Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $20,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 250000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Electric, Natural Gas
  • Heating: Yes
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Utilities: Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Natural Gas Connected, Electric Connected

Condo/Co-op/Association

  • Association Amenities: Pets Allowed
  • Association: Yes

Association/Amenities

  • Assoc Amenities:Pets Allowed2: Yes

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 30.00 x 160.80
  • Lot Size Sq Ft: 4800.0
  • Zoning Description: Multi-Family,Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electric, Gas

Multi Family

  • Gross Income: 20400.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 5861.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2023
Closed on
Feb 16, 2024
Sold by
Crotser Colleen
Bought by
Rolka Cameron
Seller's Agent
Julian Glass
Glass Home Realty
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%
Views
113
Current Estimated Value
$256,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,443
Avg. Annual Appreciation
8.73%
Original Mortgage
$225,834
Outstanding Balance
$223,143
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$34,166

Purchase Details

Closed on
Nov 30, 2006
Sold by
Cohan Kevin
Bought by
Aaap and P

Purchase Details

Closed on
Feb 12, 2003
Sold by
Cohan Kevin D
Bought by
Authorized Financial Consultants
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rolka Cameron $230,000 None Listed On Document
Aaap $82,569 None Available
Authorized Financial Consultants $30,033 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rolka Cameron $225,834
Previous Owner Crotser Colleen $145,407
Previous Owner Cohan Kevin D $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $230,000 -8.0% --
12/30/2023 12/30/23 Pending -- -- --
12/30/2023 12/30/23 For Sale $250,000 +25.8% --
10/20/2020 10/20/20 Sold $198,777 +2.5% $137 / Sq Ft
10/16/2020 10/16/20 Sold $193,877 -2.6% $134 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
08/14/2020 08/14/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $199,000 0.0% $137 / Sq Ft
07/18/2020 07/18/20 Price Changed $199,000 -9.5% $137 / Sq Ft
07/07/2020 07/07/20 For Sale $220,000 -- $152 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $2,365 $108,400 $0 $0
2023 $2,259 $99,300 $0 $0
2022 $1,250 $93,500 $0 $0
2021 $3,206 $83,700 $0 $0
2019 $3,132 $64,900 $0 $0
2018 $1,192 $55,100 $0 $0
2017 $4,049 $34,000 $0 $0
2016 $3,160 $46,000 $0 $0
2015 $4,459 $44,700 $0 $0
2013 $4,320 $45,000 $0 $0
2012 $1,207 $46,300 $12,000 $34,300
Source: Public Records

Agents Affiliated with this Home

  • Julian Glass

    Seller's Agent in 2024

    Julian Glass

    Glass Home Realty

    (313) 570-4445

    3 in this area

    38 Total Sales

    Julian Glass
    Section Image

  • S

    Seller Co-Listing Agent in 2024

    Shayla Glass

    Glass Home Realty

    (313) 570-4445

    1 in this area

    5 Total Sales

    Shayla Glass
    Section Image
  • Jimmy Saros

    Seller's Agent in 2020

    Jimmy Saros

    Jim Saros Real Estate Services

    (313) 729-7857

    47 in this area

    251 Total Sales

    Jimmy Saros
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23146108

Southwestern Michigan Association of REALTORS®

APN: 39-008-03-0022-000

Michigan Wayne County Grosse Pointe Park 48230

1083 Lakepointe St, Grosse Pointe Park, MI

This home is located at 1083 Lakepointe St, Grosse Pointe Park, MI 48230 since 30 December 2023 and is currently estimated at $256,443. This property was built in 1915. 1083 Lakepointe St is a home located in Wayne County with nearby schools including George Defer Elementary School, Pierce Middle School, and Grosse Pointe South High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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