NOT LISTED FOR SALE

1337 Lakepointe St Grosse Pointe Park, MI 48230

Estimated Value: $350,000 - $416,000

6 Beds
2 Baths
2,500 Sq Ft
$155/Sq Ft Est. Value

Last Sold December 16, 2014

Last sale price $172,500 $69 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $2,319/month

81 Days on Market

Highlights

  • Balcony
  • Porch
  • Garage
  • George Defer Elementary School Rated A
  • Forced Air Zoned Heating and Cooling System

About This Home

As of December 2014

Two unit flat meticulously maintained by the same owners for over 50 years! Full brick with limestone accents. Separate gas and electric. Updated gas forced air furnaces, central air, electrical and plumbing. 2nd floor unit has access to 3rd floor attic storage. Separate basement storage areas and laundry. Driveway with 2 car garage, nice back yard. Lower is vacant and ready to show. Close to schools, shopping and transportation. Be part of West Park Renaissance!

Last Agent to Sell the Property

Mike Fikany

Temporary Inactive Users License #6501123062 Listed on: 08/22/2014

Last Buyer's Agent

Paula Morris

Adlhoch & Associates License #RCO-6501139627

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 35x163

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,500 Sq Ft Home
  • 2-Story Property
  • Basement

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Units
  • Lake Pointe Heights Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 39007060111000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,004

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Private
  • Sq Ft Combined: 2500
  • Total Sq Ft: 2500
  • Sq Ft Total Bsmt: 1288

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 35
  • Porch Type: Balcony, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air, Zoned
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Water at Street
  • Laundry Facilities: No

Schools

  • School District: Grosse Pointe

Lot Info

  • List Price per Acre: 1376923.0769
  • Lot Size Area: 0.13
  • Lot Dimensions: 35x163
  • Parcel Number: 39007060111000
  • Zoning: Residential

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1700

Tax Info

  • Tax Amount Summer: 1642.5500
  • Tax Amount Winter: 2361.1000
  • Total Tax: 4003.6500

Multi Family

  • Gross Scheduled Income: 20400.00
  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2014
Closed on
Dec 16, 2014
Sold by
Audubon Investments Llc
Bought by
Grech Paula
Seller's Agent
Mike Fikany
Temporary Inactive Users
Buyer's Agent
Paula Morris
Adlhoch & Associates
List Price
$179,000
Sold Price
$172,500
Premium/Discount to List
-$6,500
-3.63%
Current Estimated Value
$386,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,316
Avg. Annual Appreciation
7.68%
Original Mortgage
$156,949
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Grech Paula $172,500 Chirco Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grech Paula $151,560
Closed Grech Paula $153,494
Closed Grech Paula $156,949
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2014 12/16/14 Sold $172,500 -3.6% $69 / Sq Ft
11/11/2014 11/11/14 Pending -- -- --
08/22/2014 08/22/14 For Sale $179,000 -- $72 / 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 $2,201 $183,300 $0 $0
2023 $2,083 $176,100 $0 $0
2022 $1,979 $151,500 $0 $0
2021 $3,901 $136,400 $0 $0
2019 $4,015 $112,600 $0 $0
2018 $1,887 $87,700 $0 $0
2017 $4,409 $61,900 $0 $0
2016 $4,036 $76,800 $0 $0
2015 $7,060 $70,600 $0 $0
2013 $6,310 $64,500 $0 $0
2012 $1,826 $68,900 $15,000 $53,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214087755

Realcomp

APN: 39-007-06-0111-000