$145,000
SOLD JAN 14, 2016

1112 Lakepointe St Unit 1114 Grosse Pointe Park, MI 48230

4 Beds
2 Baths
1,864 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$78 Per Sq Ft

9% Below List Price

74 Days on Market

Highlights

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

About This Home

As of October 2017

VERY WELL MAINTAINED MULTI FAMIY HOME. SEPERATE ENTRANCES, HARDWOOD FLOORS, BASEMENT . ROOF 7 YEARS OLD, 2 NEW FURNACES, NEW WASTE DRAIN $6000, 2 CAR GARAGE, LARGE BACKYARD ALL SEPERATE UTILITIES EXCEPT WATER. ALL APPLIANCES TO STAY. GREAT LOCATION. BOTH UNITS ARE RENTED MONTH TO MONTH. WALKING DISTANCE TO THE LIBRARY, THE POOL AND MARINAS. GREAT RENTAL INCOME

Last Agent to Sell the Property

Mary Rogers

Real Estate in the Pointes License #6501340605

Last Buyer's Agent

Kathy Young

Real Estate One GPF License #6502392411

Real Estate One GPF

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1917

Parking

  • 2 Car Garage

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

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

Utilities

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

Additional Features

  • Covered patio or porch
  • Lot Dimensions are 30.00x158.00

Community Details

  • 2 Units
  • Bern Jefferson Ave Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 39008030079000

Property Details

Home Type

Multi-Family

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 1 1/2 Story
  • Assessment: 267.5
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 1864
  • Total Sq Ft: 1864
  • Sq Ft Total Bsmt: 600

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages
  • Total Parking Spaces: 2

Utilities

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

Schools

  • School District: Grosse Pointe

Lot Info

  • Lot Dimensions: 30.00X158.00
  • Parcel Number: 39008030079000
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1400

Tax Info

  • Tax Amount Summer: 1452.0000
  • Tax Amount Winter: 2227.0000
  • Total Tax: 3679.0000

Multi Family

  • Gross Scheduled Income: 16800.00
  • Number Of Units Total: 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%
Total Days on Market
74
Current Estimated Value
$328,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,833
Avg. Annual Appreciation
6.79%
Original Mortgage
$164,900
Outstanding Balance
$141,032
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$181,059

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

Map

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 -- None Available
Warranty Deed $145,000 Greco Title Agency Llc
Deed $128,000 --
Interfamily Deed Transfer -- Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $164,900 New Conventional
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

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

Source: Realcomp

MLS Number: 215111755

Realcomp

APN: 39-008-03-0079-000