NOT LISTED FOR SALE

12 Rathbone Place Grosse Pointe, MI 48230

Estimated Value: $983,000 - $1,268,000

8 Beds
7 Baths
7,733 Sq Ft
$144/Sq Ft Est. Value

Last Sold November 21, 2017

Last sale price $480,000 $62 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $7,246/month

291 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Porch
  • Richard Elementary School Rated A
  • 2 Car Detached Garage
  • 3-minute walk to Neff Park

About This Home

As of November 2017

JUST REDUCED $26k...Timeless Classic doesn't begin to describe this 8 bedrooms 3 full and 4 half bath colonial nestled in the sought after Otsiketa Court Subdivision. Stepping inside this you can't miss the gorgeous wood and tiled floors with cabinets to match. The chefs kitchen won't disappoint along with the butlers pantry, both having many built-ins. Great open floor plan, lots of windows for natural daylight, coffered ceilings. Home has some upgrades. Detached garage features an apartment above with bedroom and full bath. Basement is partially finished. Listing Broker and Seller assume no responsibility and make no guarantees, warranties (expressed or implied) or representations as to the availability or accuracy of information contained herein. 4.5% buyer premium charged to buyer at closing. BATVAI

Last Agent to Sell the Property

Mark Adams

Michigan Premier Real Estate, LLC License #6501311129 Listed on: 01/26/2017

Co-Listed By

Logan Farrer

Realhome Services and Solutions Inc License #6502391260

Last Buyer's Agent

Patricia Groezinger

Sine & Monaghan Realtors Real Living LLC GPF License #RCO-6501295161

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1909

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 95.26x160.28
  • Fenced

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 7,733 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 2 Car Detached Garage
  • Heated Garage

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Otsiketa Court Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37006030007000

Home Details

Home Type

Single Family

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 1209.56
  • Year Built: 1909
  • Special Features: 84
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Family Room
  • Room Count: 19
  • Total Bedrooms: 8
  • Total Bathrooms: 3.40
  • Full Bathrooms: 3
  • Half Bathrooms: 4
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 10233
  • Sq Ft Lower Floor: 2500
  • Total Sq Ft: 7733
  • Sq Ft Total Bsmt: 3447

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Stucco
  • Exterior Features: Fenced, Lighting
  • Frontage Feet: 95
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Electricity, Heated
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air, Radiant
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Grosse Pointe

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1211081.0811
  • Lot Size Area: 0.37
  • Lot Dimensions: 95.26X160.28
  • Parcel Number: 37006030007000

Tax Info

  • Tax Amount Summer: 12118.0000
  • Tax Amount Winter: 6295.0000
  • Total Tax: 18413.0000

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2017
Closed on
Nov 16, 2017
Sold by
The Bank Of New York Mellon Trust
Bought by
Dowers Caroline
Seller's Agent
Mark Adams
Michigan Premier Real Estate, LLC
Buyer's Agent
Patricia Groezinger
Sine & Monaghan Realtors Real Living LLC GPF
List Price
$448,100
Sold Price
$480,000
Premium/Discount to List
$31,900
7.12%
Current Estimated Value
$1,116,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$636,222
Avg. Annual Appreciation
11.65%

Purchase Details

Closed on
Nov 5, 2015
Sold by
Monsanto Raphael A and Rohm Benita J
Bought by
The Bank Of New York Mellon Trust Compan
Source: Public Records

Range of Values:

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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
Dowers Caroline $480,000 None Available
The Bank Of New York Mellon Trust Compan $891,977 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dowers Caroline $301,220
Closed Dowers Caroline $306,602
Previous Owner Monsanto Raphael A $100,000
Previous Owner Monsanto Raphael A $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2017 11/21/17 Sold $480,000 +7.1% $62 / Sq Ft
11/13/2017 11/13/17 Pending -- -- --
10/04/2017 10/04/17 Price Changed $448,100 0.0% $58 / Sq Ft
10/04/2017 10/04/17 For Sale $448,100 -5.0% $58 / Sq Ft
08/17/2017 08/17/17 Pending -- -- --
06/22/2017 06/22/17 Price Changed $471,600 -5.0% $61 / Sq Ft
05/26/2017 05/26/17 Price Changed $496,400 -5.0% $64 / Sq Ft
04/27/2017 04/27/17 Price Changed $522,500 -5.0% $68 / Sq Ft
03/21/2017 03/21/17 Price Changed $549,900 -9.0% $71 / Sq Ft
01/26/2017 01/26/17 For Sale $604,500 -- $78 / 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 $12,970 $451,400 $0 $0
2023 $12,369 $363,300 $0 $0
2022 $18,231 $365,400 $0 $0
2021 $17,286 $341,100 $0 $0
2019 $19,062 $350,500 $0 $0
2018 $11,920 $495,600 $0 $0
2017 $20,624 $489,300 $0 $0
2016 $19,076 $481,400 $0 $0
2015 $33,880 $444,000 $0 $0
2013 $32,822 $394,700 $0 $0
2012 -- $357,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217006752

Realcomp

APN: 37-006-03-0007-000