$198,777
SOLD OCT 20, 2020

1083 Lakepointe St Grosse Pointe Park, MI 48230

3 Beds
2 Baths
1,450 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$137 Per Sq Ft

10% Below List Price

37 Days on Market

Highlights

  • Covered patio or porch
  • George Defer Elementary School Rated A
  • Forced Air Heating System

About This Home

As of February 2024

Well maintained 2 unit with a long list of updates in the heart of West Park, one of Metro Detroit's strongest rental markets and fastest appreciating neighborhoods! Steps from grocery stores, restaurants, and nightlife, this duplex has a unit mix of a 2 bedroom unit on the lower and 1 Bedroom on the upper. Huge back yard, plenty of parking. Newer roof, siding, deck, windows, furnace, plumbing, electrical system. Walk out basement. Current tenants pay utilities, lawn maintenance, and snow removal. Owner responsible for water. Prime investment opportunity or house hack by living in one unit and rent the other to pay carrying costs!

Last Agent to Sell the Property

Jimmy Saros

Jim Saros Real Estate Services License #6501398798 Listed on: 07/07/2020

Last Buyer's Agent

Julian Glass

Glass Home Realty, LLC License #RCO-6502393283

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1915

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 30.00x160.80

Home Design

  • Duplex
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,450 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Outdoor Features

  • Covered patio or porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 39008030022000
  • $3,877 Seller Concession

Community Details

Overview

  • 2 Units
  • Bern Jefferson Ave Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,132

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 1 1/2 Story
  • Year Built: 1915
  • State Equalized Value: 64900.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1450
  • Total Sq Ft: 1450
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Brick
  • Frontage Feet: 30
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Grosse Pointe

Lot Info

  • List Price per Acre: 1809090.9091
  • Lot Size Area: 0.11
  • Lot Dimensions: 30.00X160.80
  • Parcel Number: 39008030022000
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 2000

Tax Info

  • Tax Amount Summer: 1209.0000
  • Tax Amount Winter: 1923.0000
  • Total Tax: 3132.0000
  • Taxable Value: 47180.0000

Multi Family

  • Gross Scheduled Income: 24000.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Grosse Pointe

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 Type Sale Price Title Company
Warranty Deed $230,000 None Listed On Document
Sheriffs Deed $82,569 None Available
Sheriffs Deed $30,033 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,834 FHA
Previous Owner $145,407 New Conventional
Previous Owner $44,000 Balloon
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: 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
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: Realcomp

MLS Number: 2200050535

Realcomp

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 and is currently priced at $198,777, approximately $137 per square foot. 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.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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