Seller's Agent in 2022
Albert Melfi
Real Estate One
(586) 771-1810
1 in this area
47 Total Sales
141 Lake Shore Rd Grosse Pointe Farms, MI 48236
Estimated Value: $1,872,955 - $2,584,000
6
Beds
5.5
Baths
5,858
Sq Ft
$375/Sq Ft
Est. Value
Highlights
- 1.97 Acre Lot
- Colonial Architecture
- No HOA
- Richard Elementary School Rated A
- Ground Level Unit
- 4 Car Detached Garage
About This Home
As of January 2022MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST OFFERS DUE TUESDAY 9/21/21 @ 6PM. Spectacular, one-of-a-kind custom built home in one of Michigan's most prestigious neighborhoods. Multi-million dollar panoramic view of Lake St. Clair! Nearly 6000 square feet with 6 bedrooms and five and a half baths. This home is nestled on an almost 2 acre park-like lot with evergreens lining the perimeter of the lot for privacy. Huge patio surrounding the custom, in-ground pool. An entertainer's dream home! The home also features a wet-bar dividing the living room and great room. Three fireplaces including one in the master suite. Huge master bath with jacuzzi tub and stand up shower. The basement includes a seventh bedroom, 2additional full baths and a dry sauna. A great opportunity to have it all!! Being sold as is.
Last Agent to Sell the Property
Real Estate One-St Clair Shrs License #6501199115 Listed on: 05/28/2021
Home Details
Home Type
- Single Family
Year Built
- Built in 1975
Lot Details
- 1.97 Acre Lot
- Lot Dimensions are 194.00x442.30
Parking
- 4 Car Detached Garage
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 5,858 Sq Ft Home
- 2-Story Property
- Wet Bar
- Family Room with Fireplace
- Partially Finished Basement
- Crawl Space
- Dryer
Kitchen
- Free-Standing Gas Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
Location
- Ground Level Unit
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Lee Gate Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 38012990023004
- $20,000 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 15, 2023
Sold by
Joseph Wayne James
Bought by
Wayne J Joseph Revocable Living Trust
Total Days on Market
244
Current Estimated Value
Purchase Details
Listed on
May 28, 2021
Closed on
Jan 31, 2022
Sold by
Sobh Ali and Sobh Ali Ahmad
Bought by
Joseph Wayne
Seller's Agent
Albert Melfi
Real Estate One-St Clair Shrs
Buyer's Agent
Sharon Harbin
The Harbin Group
List Price
$17,500
Sold Price
$1,480,000
Premium/Discount to List
$1,462,500
8357.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.43%
Original Mortgage
$1,480,000
Interest Rate
3.56%
Mortgage Type
VA
Purchase Details
Closed on
Dec 26, 2019
Sold by
Sobh Ali and The Ali Sobh Revocable Living
Bought by
Sobh Ali Ahmad
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.11%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 6, 2018
Sold by
Sobh Ali
Bought by
Sobh Ali and Ali Sobh Revocable Living Trust
Purchase Details
Closed on
Sep 3, 2015
Sold by
Rao Prasad K and Rao Kondraganti P
Bought by
Sobh Ali
Purchase Details
Closed on
Jan 2, 2009
Sold by
Rao Kondraganti P and Rao Rameswari K
Bought by
Rao Prasad K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.2%
Mortgage Type
Credit Line Revolving
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wayne J Joseph Revocable Living Trust | -- | None Listed On Document | |
| Wayne J Joseph Revocable Living Trust | -- | None Listed On Document | |
| Joseph Wayne | $1,480,000 | Capital Title | |
| Joseph Wayne | $1,480,000 | Capital Title | |
| Sobh Ali Ahmad | -- | Progressive Title | |
| Sobh Ali | -- | None Available | |
| Sobh Ali | $1,200,000 | Venture Title Agency | |
| Sobh Ali | -- | None Available | |
| Rao Prasad K | -- | Metropolitan Title Company | |
| Rao Kondraganti P | $1,000,000 | Metropolitan Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Joseph Wayne | $1,480,000 | |
| Previous Owner | Sobh Ali Ahmad | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2022 01/31/22 | Sold | $1,480,000 | -4.5% | $253 / Sq Ft |
| 01/28/2022 01/28/22 | Pending | -- | -- | -- |
| 08/15/2021 08/15/21 | Price Changed | $1,550,000 | -2.8% | $265 / Sq Ft |
| 07/12/2021 07/12/21 | Price Changed | $1,595,000 | -3.3% | $272 / Sq Ft |
| 07/12/2021 07/12/21 | Price Changed | $1,650,000 | -5.7% | $282 / Sq Ft |
| 05/28/2021 05/28/21 | Price Changed | $1,750,000 | +9900.0% | $299 / Sq Ft |
| 05/28/2021 05/28/21 | For Sale | $17,500 | -- | $3 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $42,888 | $1,305,200 | $0 | $0 |
| 2024 | $42,888 | $963,000 | $0 | $0 |
| 2023 | $36,593 | $844,200 | $0 | $0 |
| 2022 | $36,593 | $0 | $0 | $0 |
| 2021 | $36,593 | $818,400 | $0 | $0 |
| 2019 | $39,412 | $776,100 | $0 | $0 |
| 2018 | $19,694 | $650,000 | $0 | $0 |
| 2017 | $34,213 | $774,300 | $0 | $0 |
| 2016 | $35,865 | $722,600 | $0 | $0 |
| 2015 | $60,228 | $602,300 | $0 | $0 |
| 2013 | $58,350 | $583,500 | $0 | $0 |
| 2012 | $15,543 | $625,500 | $468,300 | $157,200 |
Source: Public Records
Agents Affiliated with this Home
-
Albert Melfi
-
Sharon Harbin
S
Buyer's Agent in 2022
Sharon Harbin
The Harbin Group
(313) 838-0020
1 in this area
4 Total Sales
Map
Source: Realcomp
MLS Number: 2210040304
APN: 38-012-99-0023-004
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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