NOT LISTED FOR SALE

Estimated Value: $3,606,000 - $3,958,825

7 Beds
6 Baths
7,252 Sq Ft
$522/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $2,500,000 $345 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $23,842/month

About This Home

As of September 2020

Coastal Cool meets Hampton's Chic! This spectacular home has been updated to reflect a contemporary vibe throughout. Over 7,000sf, the open floor plan of this home flows gracefully from one space to the next, bordered by floor to ceiling windows offering fantastic Lake Michigan views. An amazing Chef's kitchen with large Marble center island is equipped with custom cabinetry, Butler's pantry, high-end appliances and graced with lake views. Magnificent Great room with fireplace – just 1 of 5 that the home offers- is perfect for gathering on a cold winter night. Remarkable walk-out lower level leads to the association incline elevator to the clubhouse, lakefront deck and sandy beach.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Sep 14, 2020
Sold by
Singh Richa
Bought by
Molloy John P and John P Molloy Iii Trust
Seller's Agent
Jackson Matson
@properties Christie's International R.E.
Buyer's Agent
Ryan Green
Green Towne Coastal Realty
List Price
$2,750,000
Sold Price
$2,500,000
Premium/Discount to List
-$250,000
-9.09%
Current Estimated Value
$3,785,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,285,275
Avg. Annual Appreciation
4.80%

Purchase Details

Listed on
Jan 30, 2014
Closed on
Jan 13, 2015
Sold by
Molter Gregory A and Molter Nieves Diguez
Bought by
Singh Richa and The Srk Security Trust #2
Seller's Agent
Will Schauble
@properties Christie's International R.E.
Buyer's Agent
Sigrid Nutt
Berkshire Hathaway HomeServices Chicago
List Price
$2,899,000
Sold Price
$2,510,000
Premium/Discount to List
-$389,000
-13.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.07%
Original Mortgage
$1,864,000
Interest Rate
2%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Molloy John P -- None Available
John P Molloy Iii Trust -- Morelli Legal Counsel Pc
Singh Richa $2,510,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Srk Security Trust $750,000
Previous Owner Singh Richa $750,000
Previous Owner Singh Richa $1,864,000
Previous Owner Molter Greg A $1,365,000
Previous Owner Molter Greg A $1,409,000
Previous Owner Molter Greg A $1,416,500
Previous Owner Molter Gregory A $475,000
Previous Owner Molter Gregory A $1,430,000
Previous Owner Northbridge Shores Development Llc $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $2,500,000 -9.1% $345 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $2,750,000 +9.6% $379 / Sq Ft
01/15/2015 01/15/15 Sold $2,510,000 -13.4% $346 / Sq Ft
01/15/2015 01/15/15 Pending -- -- --
01/30/2014 01/30/14 For Sale $2,899,000 -- $400 / Sq Ft

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 $42,287 $1,348,700 $0 $0
2024 $21,892 $1,335,600 $0 $0
2023 $20,850 $1,310,500 $0 $0
2022 $19,777 $1,220,500 $0 $0
2021 $34,114 $1,053,600 $117,700 $935,900
2020 $43,351 $985,400 $0 $0
2019 $42,542 $822,800 $106,600 $716,200
2018 $42,016 $822,800 $0 $0
2017 $42,970 $906,300 $0 $0
2016 $42,101 $841,900 $0 $0
2015 $16,721 $541,200 $0 $0
2014 $8,841 $517,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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