NOT LISTED FOR SALE

1112 Lakepointe St Unit 1114 Grosse Pointe Park, MI 48230

Estimated Value: $305,000 - $366,000

4 Beds
2 Baths
1,864 Sq Ft
$178/Sq Ft Est. Value

Last Sold October 19, 2017

Last sale price $196,000 $105 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,020/month

20 Days on Market

Highlights

  • Porch
  • Lobby
  • Garage
  • George Defer Elementary School Rated A
  • Forced Air Heating System
  • Laundry Facilities

About This Home

As of October 2017

Great Location for this two family in Grosse Pointe Park. Both units are leased. Upper tenant is long term. Deep lot. Fenced yard. Two car garage on alley. Separate basements with laundry facilities.

Last Agent to Sell the Property

Kathy Young

Real Estate One GPF License #6502392411 Listed on: 07/19/2017

Real Estate One GPF

Last Buyer's Agent

Charles Gates

License #6501358472

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1917

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 30.00x158.00
  • Fenced

Parking

  • Garage

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,864 Sq Ft Home
  • 2-Story Property
  • Basement

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 39008030079000
  • $3,005 Seller Concession

Community Details

Overview

  • 2 Units
  • Bern Jefferson Ave Sub Subdivision

Amenities

  • Laundry Facilities
  • Lobby

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,920

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Common Entry Building, Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 267.5
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Private
  • Sq Ft Combined: 1864
  • Total Sq Ft: 1864
  • Sq Ft Total Bsmt: 900

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Wall Unit(s)
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Grosse Pointe

Lot Info

  • List Price per Acre: 1772727.2727
  • Lot Size Area: 0.11
  • Lot Dimensions: 30.00X158.00
  • Parcel Number: 39008030079000
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Water/Sewer, Yard Maintenance
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1650

Tax Info

  • Tax Amount Summer: 1464.0000
  • Tax Amount Winter: 2456.0000
  • Total Tax: 3920.0000

Multi Family

  • Gross Scheduled Income: 19800.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2017
Closed on
Oct 19, 2017
Sold by
Stc Three Llc
Bought by
Parker Alexander James
Seller's Agent
Kathy Young
Real Estate One GPF
Buyer's Agent
Charles Gates
List Price
$195,000
Sold Price
$196,000
Premium/Discount to List
$1,000
0.51%
Current Estimated Value
$332,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,432
Avg. Annual Appreciation
6.98%
Original Mortgage
$164,900
Outstanding Balance
$139,742
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$189,091

Purchase Details

Listed on
Oct 22, 2015
Closed on
Jan 14, 2016
Sold by
Wagner Stephen F and Wagner Joseph I
Bought by
Stc Three Llc
Seller's Agent
Mary Rogers
Real Estate in the Pointes
Buyer's Agent
Kathy Young
Real Estate One GPF
List Price
$159,000
Sold Price
$145,000
Premium/Discount to List
-$14,000
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.68%

Purchase Details

Closed on
Jul 30, 2001
Sold by
Eard Louise
Bought by
Wagner Joseph I

Purchase Details

Closed on
Jan 19, 2001
Sold by
Ward Louise and Ward William
Bought by
Ward Monica
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 Buyer Sale Price Title Company
Parker Alexander James -- None Available
Stc Three Llc $145,000 Greco Title Agency Llc
Wagner Joseph I $128,000 --
Ward Monica -- Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Alexander James $164,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2017 10/19/17 Sold $196,000 0.0% $105 / Sq Ft
08/08/2017 08/08/17 Pending -- -- --
08/08/2017 08/08/17 Off Market $196,000 -- --
07/19/2017 07/19/17 For Sale $195,000 +34.5% $105 / Sq Ft
01/14/2016 01/14/16 Sold $145,000 0.0% $78 / Sq Ft
01/14/2016 01/14/16 Sold $145,000 -8.8% $78 / Sq Ft
01/04/2016 01/04/16 Pending -- -- --
01/04/2016 01/04/16 Pending -- -- --
10/22/2015 10/22/15 For Sale $159,000 0.0% $85 / Sq Ft
09/18/2015 09/18/15 For Sale $159,000 -- $85 / 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 $2,015 $139,000 $0 $0
2023 $1,924 $126,600 $0 $0
2022 $1,828 $118,800 $0 $0
2021 $4,690 $105,000 $0 $0
2019 $4,582 $80,800 $0 $0
2018 $1,743 $67,400 $0 $0
2017 $5,641 $45,700 $0 $0
2016 $3,921 $59,100 $0 $0
2015 $5,632 $57,300 $0 $0
2013 $5,456 $57,700 $0 $0
2012 $1,350 $59,500 $13,400 $46,100
Source: Public Records

Agents Affiliated with this Home

  • Kathy Young

    Seller's Agent in 2017

    Kathy Young

    Real Estate One

    (313) 910-5779

    6 in this area

    29 Total Sales

    Kathy Young
    Section Image
  • Charles Gates

    Buyer's Agent in 2017

    Charles Gates

    (313) 400-0751

    28 in this area

    49 Total Sales

    Charles Gates
    Section Image
  • Mary Aubrey-Rogers

    Seller's Agent in 2016

    Mary Aubrey-Rogers

    Sine & Monaghan LLC

    (313) 319-5679

    18 in this area

    204 Total Sales

    Mary Aubrey-Rogers
    Section Image

  • M

    Seller's Agent in 2016

    Mary Rogers

    Real Estate in the Pointes

See All Agents

Map

Source: Realcomp

MLS Number: 217063027

Realcomp

APN: 39-008-03-0079-000

Michigan Wayne County Grosse Pointe Park 48230

1112 Lakepointe St Unit 1114, Grosse Pointe Park, MI

This home is located at 1112 Lakepointe St Unit 1114, Grosse Pointe Park, MI 48230 since 19 July 2017 and is currently estimated at $332,432, approximately $178 per square foot. This property was built in 1917. 1112 Lakepointe St Unit 1114 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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