NOT LISTED FOR SALE

1355 Lakepointe St Unit 57 Grosse Pointe Park, MI 48230

Estimated Value: $293,000 - $325,000

4 Beds
2 Baths
1,992 Sq Ft
$156/Sq Ft Est. Value

Last Sold February 20, 2015

Last sale price $146,000 $73 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,867/month

47 Days on Market

Highlights

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

About This Home

As of February 2015

Well maintained 2 family with 2 bedrooms in each unit. Separate entry and basements. Gas forced air and central air in each unit. New porches front and back. Tear-off roof, 2009. Hardwood floors. Upper freshly painted and ready for new occupant. Lower has long term tenant.

Last Listed By

Jeanne Coyle

Real Estate One GPF License #6501206329 Listed on: 11/26/2014

Real Estate One GPF

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 35.00x163.00
  • Fenced

Parking

  • Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,992 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Forced Air 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 39007060104000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,001

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 268
  • 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: Unfinished
  • Sq Ft Combined: 1992
  • Total Sq Ft: 1992
  • Sq Ft Total Bsmt: 996

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Fenced
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 35
  • Porch Type: Balcony, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • 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: 1115384.6154
  • Lot Size Area: 0.13
  • Lot Dimensions: 35.00X163.00
  • Parcel Number: 39007060104000
  • Zone Conform: Yes
  • Zoning: Residential

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1550

Tax Info

  • Tax Amount Summer: 1216.0000
  • Tax Amount Winter: 1785.0000
  • Total Tax: 3001.0000

Multi Family

  • Gross Scheduled Income: 18600.00
  • Number Of Units Total: 2
  • Number of Two 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
Nov 26, 2014
Closed on
Feb 20, 2015
Sold by
Dehaven D Frederic and Dehaven Sharon S
Bought by
Parker Alexander J
Seller's Agent
Jeanne Coyle
Real Estate One GPF
Buyer's Agent
Charles Gates
Sine & Monaghan LLC
List Price
$145,000
Sold Price
$146,000
Premium/Discount to List
$1,000
0.69%
Total Days on Market
47
Current Estimated Value
$310,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,492
Avg. Annual Appreciation
7.87%
Original Mortgage
$143,355
Interest Rate
3.87%
Mortgage Type
FHA

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
Parker Alexander J $146,000 Capital Title Ins Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parker Alexander J $143,355
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2015 02/20/15 Sold $146,000 +0.7% $73 / Sq Ft
01/12/2015 01/12/15 Pending -- -- --
11/26/2014 11/26/14 For Sale $145,000 -- $73 / 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 $1,638 $134,400 $0 $0
2023 $1,565 $129,900 $0 $0
2022 $1,486 $112,800 $0 $0
2021 $3,814 $102,900 $0 $0
2019 $3,725 $85,200 $0 $0
2018 $1,417 $64,200 $0 $0
2017 $4,080 $39,500 $0 $0
2016 $3,404 $54,500 $0 $0
2015 $4,717 $50,500 $0 $0
2013 $4,570 $47,400 $0 $0
2012 $1,301 $49,400 $15,000 $34,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214121423

Realcomp

APN: 39-007-06-0104-000