NOT LISTED FOR SALE

1427 Lakepointe St Unit 1429 Grosse Pointe Park, MI 48230

Estimated Value: $309,000 - $355,000

6 Beds
2 Baths
2,218 Sq Ft
$147/Sq Ft Est. Value

Last Sold November 04, 2013

Last sale price $94,000 $42 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $1,793/month

48 Days on Market

About This Home

As of November 2013

GREAT LOCATION, CLOSE TO SHOPPING, SCHOOLS AND PARKS, UPPER/LOWER UNITS FEATURE 3 BEDROOMS, 1 BATHROOM, SEPARATE UTILITIES, GREAT INVESTMENT OPPORTUNITY.

Last Agent to Sell the Property

Chad Evans

Pointes Realty LLC License #6502382206 Listed on: 08/02/2013

Last Buyer's Agent

Chad Evans

Pointes Realty LLC License #RCO-6502382206

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • Lot Dimensions are 30.157x92

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 2,218 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Lake Pointe Heights Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 39007060087000

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: YES
  • Year Built: 1926
  • 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: 2218
  • Total Sq Ft: 2218

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Grosse Pointe

Lot Info

  • Lot Dimensions: 30.157X92
  • Parcel Number: 39007060087000
  • Zoning: Residential
  • Homestead Percent: 0 Percent

Tax Info

  • Tax Amount Summer: 2943.0000
  • Tax Amount Winter: 2104.0000
  • Total Tax: 5047.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2013
Closed on
Dec 3, 2013
Sold by
Shurafa Nabil and Shurafa Muhammad
Bought by
Slogen Properties Llc
Seller's Agent
Chad Evans
Pointes Realty LLC
Buyer's Agent
Chad Evans
Pointes Realty LLC
List Price
$120,000
Sold Price
$94,000
Premium/Discount to List
-$26,000
-21.67%
Current Estimated Value
$311,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,169
Avg. Annual Appreciation
11.13%
Original Mortgage
$68,250
Outstanding Balance
$51,072
Interest Rate
4.24%
Mortgage Type
New Conventional
Estimated Equity
$273,933

Purchase Details

Listed on
Aug 2, 2013
Closed on
Nov 4, 2013
Sold by
Gaffrey Judith and Olkowski Judith
Bought by
Shurafa Muhammad
Seller's Agent
Chad Evans
Pointes Realty LLC
Buyer's Agent
Chad Evans
Pointes Realty LLC
List Price
$120,000
Sold Price
$94,000
Premium/Discount to List
-$26,000
-21.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,250
Outstanding Balance
$51,072
Interest Rate
4.24%
Mortgage Type
New Conventional
Estimated Equity
$273,933

Purchase Details

Closed on
Jul 11, 2013
Sold by
Olkowski Judith
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 15, 2003
Sold by
Stack Rita L and Abbott Rita
Bought by
Olkowski Judith
Source: Public Records

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
Slogen Properties Llc -- None Available
Shurafa Muhammad $94,000 Parks
Federal Home Loan Mortgage Corporation $56,185 None Available
Olkowski Judith $170,105 Lawyers Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shurafa Muhammad $68,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2013 11/04/13 Sold $94,000 -21.7% $42 / Sq Ft
09/19/2013 09/19/13 Pending -- -- --
08/02/2013 08/02/13 For Sale $120,000 -- $54 / 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
2025 $1,702 $152,800 $0 $0
2024 $1,702 $139,500 $0 $0
2023 $1,625 $134,100 $0 $0
2022 $1,544 $120,900 $0 $0
2021 $3,962 $110,500 $0 $0
2019 $3,870 $85,700 $0 $0
2018 $1,472 $64,400 $0 $0
2017 $4,876 $45,100 $0 $0
2016 $3,841 $58,200 $0 $0
2015 $5,510 $55,100 $0 $0
2013 $5,460 $56,900 $0 $0
2012 $2,549 $58,800 $13,100 $45,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Chad Evans

    Pointes Realty LLC

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Map

Source: Realcomp

MLS Number: 213083830

Realcomp

APN: 39-007-06-0087-000

Michigan Wayne County Grosse Pointe Park 48230

1427 Lakepointe St Unit 1429, Grosse Pointe Park, MI

This home is located at 1427 Lakepointe St Unit 1429, Grosse Pointe Park, MI 48230 since 02 August 2013 and is currently estimated at $325,005, approximately $146 per square foot. This property was built in 1926. 1427 Lakepointe St Unit 1429 is a home located in Wayne County with nearby schools including George Defer Elementary School, Pierce Middle School, and Grosse Pointe South High School.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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