NOT LISTED FOR SALE

1389 Lakepointe St Unit 91 Grosse Pointe Park, MI 48230

Estimated Value: $334,000 - $394,000

4 Beds
2 Baths
2,566 Sq Ft
$140/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $329,000 $128 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,366/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Main Floor Bedroom
  • George Defer Elementary School Rated A
  • Wood Flooring
  • Fenced Yard

About This Home

As of March 2023

Stately well maintained (C of O already issued) full brick 2 family awaits new owner. Seller enjoyed the spaciousness and financial benefits $$$$ of living in one unit renting the other for many years. SEPARATE Gas & Electric! Check out the 3-car garage built in 2016 you won't find another like it. Oversize roll up doors allow for work vehicle or SUV to be pulled in easily. Additionally, garage can easily be sectioned off to allocate single car end to one unit and 2 car area to other. Convenient Gas Forced Air Heating systems. One less than 10 years old the other approximately 15 years. Central Air. NEWER complete tear off roof! Note the large rear yard and large rear decks and front porches make this property easy to enjoy. All appliances & beautiful hardwood floors. This ultimate walkable neighborhood means less wear and tear on your car and healthy simple living! Lower unit is 1389 and upper unit is 1391. Gross yearly income is $31,200 based on $1,300 rent per unit per month.

Last Listed By

Mario Como

Berkshire Hathaway HomeServices Kee Realty SCS License #MISPE-6506045071 Listed on: 01/26/2023

Berkshire Hathaway HomeServices Kee Realty SCS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1922

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 39 x 164
  • Fenced Yard

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Bay Window
  • Living Room with Fireplace
  • Wood Flooring
  • Basement
  • Block Basement Construction

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • On-Street Parking

Outdoor Features

  • Balcony
  • Deck

Utilities

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

Community Details

  • 2 Units
  • Lake Pointe Heights Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 39-007-06-0096-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,768

Year Built

Built in 1922

Lot Details

0

Listing Details

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

Interior Features

  • Interior Amenities: Bay Window, Hardwood Floors
  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplace Features: Livroom Fireplace
  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 4
  • Bathroom Description: Basement Bath Lav/Half, First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Dining Kitchen: Formal Dining Room
  • Sub Room Description: Entry, First Floor Bedroom, Living Room, Lower Level Laundry
  • Half Bathrooms: 1
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 2566

Exterior Features

  • Construction: Brick
  • Exterior Features: Deck, Fenced Yard, Exterior Balcony
  • Foundation Type: Basement

Garage/Parking

  • Garage Type: Detached Garage, Electric In Garage
  • Garage Spaces: 3
  • Parking: Garage, On Street

Utilities

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

Lot Info

  • Assessor Parcel Number: 39-007-06-0096-000
  • Lot Dimensions: 39 x 164
  • Acreage: 0.1
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $1,745.56
  • Winter Tax: Year: 2022, Amount: $3,022.13
  • Total Tax: Year: 2022, Amount: $4,767.69
  • SEV Year: 2022

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 26, 2023
Closed on
Mar 1, 2023
Sold by
Pellerito Jerome V
Bought by
Dow Jane Ann Ottaway and Dow Agata
Seller's Agent
Mario Como
Berkshire Hathaway HomeServices Kee Realty SCS
Buyer's Agent
Catherine Molloy
Sine & Monaghan LLC
List Price
$328,000
Sold Price
$329,000
Premium/Discount to List
$1,000
0.3%
Total Days on Market
4
Views
43
Current Estimated Value
$360,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,089
Avg. Annual Appreciation
5.55%
Original Mortgage
$279,650
Outstanding Balance
$255,844
Interest Rate
5.76%
Estimated Equity
$114,084

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
Dow Jane Ann Ottaway $329,000 Premier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dow Jane Ann Ottaway $279,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2023 03/01/23 Sold $329,000 +0.3% $128 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $328,000 -- $128 / 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
2024 $4,320 $174,100 $0 $0
2023 $1,837 $168,100 $0 $0
2022 $1,746 $145,300 $0 $0
2021 $4,478 $131,500 $0 $0
2019 $4,375 $108,700 $0 $0
2018 $1,664 $85,900 $0 $0
2017 $5,441 $57,900 $0 $0
2016 $4,197 $71,200 $0 $0
2015 $6,059 $65,500 $0 $0
2013 $5,870 $59,900 $0 $0
2012 $1,693 $63,900 $14,700 $49,200
Source: Public Records

Agents Affiliated with this Home

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Source: Michigan Multiple Listing Service

MLS Number: 50100236

Michigan Multiple Listing Service

APN: 39-007-06-0096-000