NOT LISTED FOR SALE

1338 Lakepointe St Unit 1340 Grosse Pointe Park, MI 48230

Estimated Value: $371,000 - $402,000

4 Beds
2 Baths
2,150 Sq Ft
$178/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $311,500 $145 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,365/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Balcony
  • George Defer Elementary School Rated A
  • Main Floor Bedroom
  • 2 Car Detached Garage

About This Home

As of March 2022

The excellence of Grosse Pointe Schools - the luxuries of Grosse Pointe police, fire & parks & the condition of a well-maintained home makes this an easy home to rent, nice positive cash flow. Lower unit available for showings (upper tenant would like to staying) upper unit will only be shown AFTER acceptable offer is presented BOTH UNITS HAVE IDENTICAL FLOOR PLANS - Lower unit completely renovated. New paint, refinished hardwood floors, new kitchen floor & tiled backsplash. only notable difference between units is the HUGE attic storage accessible only to the upper unit. Home requires almost NO maintenance due to recent updates including: UPDATED KITCHENS in 2006, NEW FURNACES IN 2008, NEW GUTTERS in 2010, NEW VINYL WINDOWS in the front of the home & glass block new in 2015. Upper unit had new carpet installed in living rm & dining rm in 2018. Over $5,000 in brick & tuck pointing done in 2017, Vinyl sided garage with new garage door in 2016. A REAL MONEY MAKER.

Last Agent to Sell the Property

Joe Surmont

Keller Williams Realty Lakeside License #MISPE-6501238066 Listed on: 01/17/2022

Keller Williams Realty Lakeside

Last Buyer's Agent

Jake Ciaramella

KW Domain License #RCO-6501388154

KW Domain

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1922

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 35x158

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Living Room
  • Wood Flooring
  • Basement
  • Block Basement Construction
  • Laundry on lower level

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Porch

Location

  • Property is near schools

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 39-007-06-0020-000

Community Details

Overview

  • 2 Units
  • Lake Pointe Heights Sub Subdivision

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,269

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units, Duplex, Investment
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Colonial
  • Flood Plain: Unknown
  • Total Tax Amount: 4269
  • Year Built: 1922
  • Mail City: Grosse Pointe Park
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Disposal, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 4
  • Bathroom Description: Shared
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Eat-In Kitchen, Formal Dining Room
  • Sub Room Description: First Floor Bedroom, Living Room, Lower Level Laundry
  • Source of Sq Ft: Public Records

Exterior Features

  • Construction: Brick
  • Exterior Features: Porch, Sidewalks, Street Lights, Exterior Balcony
  • Frontage: 35
  • Foundation Type: Basement
  • Roads: Paved Street

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2
  • Parking: Garage

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Community Amenities: Park, Sidewalks, Street Lights

Lot Info

  • Assessor Parcel Number: 39-007-06-0020-000
  • Location: Subdivision, Walk To School
  • Lot Dimensions: 35x158
  • Acreage: 0.13
  • Lot Description: Sidewalks
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Taxes, Water/Sewer
  • Lease Information: Month-To-Month, Security Deposit, Water Included

Tax Info

  • Summer Tax: Year: 2021, Amount: $1,646.00
  • Winter Tax: Year: 2020, Amount: $2,623.00
  • Total Tax: Amount: $4,269.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2022
Closed on
Mar 11, 2022
Sold by
Richard Surmont
Bought by
Reynolds Walter J
Seller's Agent
Joe Surmont
Keller Williams Realty Lakeside
Buyer's Agent
Jake Ciaramella
KW Domain
List Price
$289,900
Sold Price
$311,500
Premium/Discount to List
$21,600
7.45%
Current Estimated Value
$382,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,650
Avg. Annual Appreciation
5.73%

Purchase Details

Closed on
Mar 5, 2003
Sold by
Surmont Robert R and Surmont Elsie H
Bought by
Surmont Richard

Purchase Details

Closed on
Mar 3, 2003
Sold by
Surmont Robert R and Surmont Elsie H
Bought by
Surmont Robert R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reynolds Walter J $311,500 None Listed On Document
Reynolds Walter J -- --
Surmont Richard -- --
Surmont Robert R -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2022 03/28/22 Sold $311,500 +7.5% $145 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $289,900 -- $135 / Sq Ft
Source: Michigan Multiple Listing Service

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 $4,163 $179,000 $0 $0
2024 $4,163 $167,800 $0 $0
2023 $4,030 $162,000 $0 $0
2022 $1,675 $139,700 $0 $0
2021 $4,297 $126,200 $0 $0
2019 $4,198 $104,300 $0 $0
2018 $1,597 $80,900 $0 $0
2017 $5,243 $55,400 $0 $0
2016 $4,144 $70,200 $0 $0
2015 $5,977 $64,600 $0 $0
2013 -- $59,100 $0 $0
2012 $1,670 $63,100 $14,800 $48,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50064225

Michigan Multiple Listing Service

APN: 39-007-06-0020-000