NOT LISTED FOR SALE

141 Lake Shore Rd Grosse Pointe Farms, MI 48236

Estimated Value: $2,037,000 - $2,285,000

6 Beds
5.5 Baths
5,858 Sq Ft
$367/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $1,480,000 $253 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $15,561/month

244 Days on Market

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 2022

MULTIPLE 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

Albert Melfi

Real Estate One-St Clair Shrs License #6501199115 Listed on: 05/28/2021

Real Estate One-St Clair Shrs

Last Buyer's Agent

Sharon Harbin

The Harbin Group License #RCO-6501096023

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
  • Gas Fireplace
  • 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

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1975
  • State Equalized Value: 779400.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 19
  • Total Bedrooms: 6
  • Total Bathrooms: 5.10
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator
  • Sq Ft Combined: 6358
  • Sq Ft Lower Floor: 500
  • Total Sq Ft: 5858
  • Sq Ft Total Bsmt: 1143

Exterior Features

  • Foundation Details: Crawl, Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 194
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 4 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Grosse Pointe

Lot Info

  • Homestead: Yes
  • Lot Size Area: 1.97
  • Lot Dimensions: 194.00X442.30
  • Parcel Number: 38012990023004

Tax Info

  • Tax Amount Summer: 20500.0000
  • Tax Amount Winter: 18135.0000
  • Total Tax: 38635.0000
  • Taxable Value: 678246.0000

MLS Schools

  • School District: Grosse Pointe

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
Current Estimated Value
$2,151,849

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
11.71%
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
Source: Public Records

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Range of Values:

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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
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 $1,040,000
Previous Owner Sobh Ali Ahmad $1,000,000
Previous Owner Sobh Ali Ahmad $300,000
Previous Owner Sobh Ali $780,000
Previous Owner Rao Kondraganti P $245,000
Previous Owner Rao Kondraganti P $417,000
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

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 $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

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Map

Source: Realcomp

MLS Number: 2210040304

Realcomp

APN: 38-012-99-0023-004