NOT LISTED FOR SALE

1245 Three Mile Dr Grosse Pointe Park, MI 48230

Estimated Value: $842,990 - $1,131,000

6 Beds
6 Baths
4,713 Sq Ft
$210/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $670,000 $142 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,065/month

58 Days on Market

Highlights

  • 0.43 Acre Lot
  • Colonial Architecture
  • Ground Level Unit
  • George Defer Elementary School Rated A
  • Fireplace in Primary Bedroom
  • No HOA

About This Home

As of June 2020

Second chances don't come along often. Buyer could not obtain financing on this most exquisite home. Most inncredible value on the market at under $150/sq ft. and completely remodeled. Extraordinary architectural expression and craftsmanship in this Park estate. This one-of-a-kind property is a stunning home with many features and options. Extraordinary hardwood floors flow through the 1st two levels of spacious living space, each room featuring ornate moldings, and updated recess lighting and fixtures. French Provincial kitchen offers modern conveniences along with facing the yard for easy access and entertaining. The 1st floor bedroom is currently utilized as a library and features custom built ins., but could be a bedroom. With lots of open space, closets, and a full bath, the third level is perfect for live in staff, extended family, or private space. Gorgeous lot; nearly a half acre. Come and take a look at this remarkable home and make it yours!

Last Agent to Sell the Property

Suzanne O'Brien

Real Estate One GPF License #6501305554 Listed on: 03/23/2020

Real Estate One GPF

Co-Listed By

Patrick O'Brien

Max Broock, REALTORS®-Detroit License #6501368334

Last Buyer's Agent

Jimmy Saros

Jim Saros Real Estate Services License #6501398798

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1927 | Remodeled in 2018

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 75x250
  • Fenced

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Stone Siding

Interior Spaces

  • 4,713 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Security System Owned
  • Dryer
  • Finished Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Programmable Thermostat
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Henry Russel Three Mile Drive Sub Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 39004020085000

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,559

Year Built

Built in 1927 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 3 Story
  • Assessment: 425.9
  • Warranty: Yes
  • Year Built: 1927
  • State Equalized Value: 225000.0000
  • Year Renovated: 2018
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Programmable Thermostat, Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas, Natural
  • Fireplace Locations: Living Room, Primary Bedroom
  • Room Count: 16
  • Total Bedrooms: 6
  • Total Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer
  • Sq Ft Combined: 5963
  • Sq Ft Lower Floor: 1250
  • Total Sq Ft: 4713
  • Sq Ft Total Bsmt: 1500

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Stone
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 75
  • Porch Type: Patio
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: S

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • 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: 1581395.3488
  • Lot Size Area: 0.43
  • Lot Dimensions: 75x250
  • Parcel Number: 39004020085000

Tax Info

  • Tax Amount Summer: 5819.0000
  • Tax Amount Winter: 6740.0000
  • Total Tax: 12559.0000
  • Taxable Value: 225000.0000

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2024
Sold by
Bill Ashley
Bought by
Bill Alexander
Current Estimated Value
$991,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
6.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 23, 2020
Closed on
Jun 23, 2020
Sold by
Selimollari Nick
Bought by
Bill Alexander and Bill Ashley
Seller's Agent
Suzanne O'Brien
Real Estate One GPF
Buyer's Agent
Jimmy Saros
Jim Saros Real Estate Services
List Price
$680,000
Sold Price
$670,000
Premium/Discount to List
-$10,000
-1.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%
Original Mortgage
$603,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 16, 2017
Closed on
May 26, 2017
Sold by
Lahey Charlene R
Bought by
Selimollari Nick
Seller's Agent
James Fikany
James R. Fikany Real Estate Co
Buyer's Agent
Connie Dunlap
Sine & Monaghan LLC
List Price
$462,500
Sold Price
$403,000
Premium/Discount to List
-$59,500
-12.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.82%
Original Mortgage
$322,400
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2017
Sold by
Lahey Michael F and Lahey Charlene
Bought by
The Huntington National Bank

Purchase Details

Closed on
Mar 2, 2017
Sold by
Lahey Michael Francis and Lahey Charlene R
Bought by
Madison Capital Fund

Purchase Details

Closed on
Dec 21, 2016
Sold by
Lahey Michael Francis and Lahey Charlene R
Bought by
Selimollari Nick
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
Bill Alexander -- None Listed On Document
Bill Alexander -- None Listed On Document
Bill Alexander -- Capital Title Insurance Agcy
Selimollari Nick $403,000 Chirco Title Agency Inc
The Huntington National Bank $336,000 None Available
Madison Capital Fund $62,081 None Available
Selimollari Nick $403,000 Chirco Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bill Alexander P $0
Previous Owner Bill Alexander $556,950
Previous Owner Bill Alexander $603,000
Previous Owner Selimolari Nick $322,400
Previous Owner Lahey Michael F $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2020 06/29/20 Sold $670,000 -1.5% $142 / Sq Ft
05/20/2020 05/20/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $680,000 +68.7% $144 / Sq Ft
05/26/2017 05/26/17 Sold $403,000 -5.2% $87 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
03/21/2017 03/21/17 Price Changed $425,000 -8.1% $92 / Sq Ft
01/16/2017 01/16/17 For Sale $462,500 -- $100 / 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
2025 $8,070 $399,500 $0 $0
2024 $8,070 $361,100 $0 $0
2023 $7,706 $327,000 $0 $0
2022 $7,321 $309,400 $0 $0
2021 $14,270 $282,300 $0 $0
2019 $12,383 $252,300 $0 $0
2018 $5,819 $225,000 $0 $0
2017 $11,723 $142,400 $0 $0
2016 $11,001 $207,200 $0 $0
2015 $19,820 $198,200 $0 $0
2013 $19,300 $196,600 $0 $0
2012 $4,815 $208,900 $64,800 $144,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200023661

Realcomp

APN: 39-004-02-0085-000