NOT LISTED FOR SALE

1505 Fairholme Rd Grosse Pointe Woods, MI 48236

Estimated Value: $358,000 - $427,000

4 Beds
1.5 Baths
1,754 Sq Ft
$219/Sq Ft Est. Value

Last Sold February 09, 2023

Last sale price $280,000 $160 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,497/month

53 Days on Market

Highlights

  • Cape Cod Architecture
  • Corner Lot
  • 2 Car Attached Garage
  • John Monteith Elementary School Rated A-
  • No HOA
  • 1-minute walk to Sweeney Park

About This Home

As of February 2023

Great 4 bedroom brick bungalow on a corner lot. (Located at Fairholme & Marford Ct.) Large living room, formal dining, fireplace in living room. Attached 2 car garage. Enclosed sunroom, partly finished basement. Sold "as is." Bring all offers. Subject to Probate Court approval. Quick Court approval. All data & measurements are estimates. Buyer/buyer's agent to verify all data and measurements. Agent must be present at all showings.

Last Agent to Sell the Property

Clyde Goodwin

Real Estate Pro License #6501085541 Listed on: 12/02/2022

Last Buyer's Agent

Tim Gilson

Good Company License #6501301644

Good Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1948

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 80.00 x 115.00
  • Fenced
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Dutch Colonial Architecture
  • Bungalow
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,754 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Fairholme No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40012050051000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,264

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow, Cape Cod, Dutch Colonial
  • Architecture Level: 2 Story
  • Assessment: 139.00
  • Year Built: 1948
  • State Equalized Value: 149600.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 2399
  • Sq Ft Lower Floor: 645
  • Total Sq Ft: 1754
  • Sq Ft Total Bsmt: 1435

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 80
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Grosse Pointe

Lot Info

  • Homestead: Yes
  • Lot Features: Corner Lot
  • Lot Size Area: 0.21
  • Lot Dimensions: 80.00 x 115.00
  • Parcel Number: 40012050051000

Tax Info

  • Tax Amount Summer: 3353.0000
  • Tax Amount Winter: 1911.0000
  • Total Tax: 5264.0000
  • Taxable Value: 94184.0000

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2022
Closed on
Feb 9, 2023
Sold by
Thomas James J
Bought by
Richards Leigh and Hirschberg Glen Craig
Seller's Agent
Clyde Goodwin
Real Estate Pro
Buyer's Agent
Tim Gilson
Good Company
List Price
$310,000
Sold Price
$280,000
Premium/Discount to List
-$30,000
-9.68%
Views
130
Current Estimated Value
$384,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,032
Avg. Annual Appreciation
10.54%
Original Mortgage
$266,000
Outstanding Balance
$259,094
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$105,338

Purchase Details

Closed on
Jan 20, 2000
Sold by
Thomas James J and Thomas Adriani
Bought by
Thomas James J and Thomas Adriani
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Richards Leigh $280,000 Minnesota Title
Thomas James J -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2023 02/09/23 Sold $280,000 -5.2% $160 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
12/08/2022 12/08/22 Price Changed $295,500 -4.7% $168 / Sq Ft
12/02/2022 12/02/22 For Sale $310,000 -- $177 / 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 $5,532 $167,100 $0 $0
2024 $5,532 $162,700 $0 $0
2023 $3,395 $152,800 $0 $0
2022 $5,660 $149,600 $0 $0
2021 $5,069 $141,500 $0 $0
2020 $5,220 $132,300 $0 $0
2019 $3,091 $126,400 $0 $0
2018 $3,037 $105,500 $0 $0
2017 $3,529 $109,100 $0 $0
2016 $4,812 $99,800 $0 $0
2015 $8,340 $98,300 $0 $0
2013 $8,060 $82,100 $0 $0
2012 -- $82,300 $25,100 $57,200
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Clyde Goodwin

    Real Estate Pro

    Section Image
  • Tim Gilson

    Buyer's Agent in 2023

    Tim Gilson

    Good Company

    (248) 385-8005

    6 in this area

    410 Total Sales

    Tim Gilson
    Section Image
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Map

Source: Realcomp

MLS Number: 20221065477

Realcomp

APN: 40-012-05-0051-000

Michigan Wayne County Grosse Pointe Woods 48236

1505 Fairholme Rd, Grosse Pointe Woods, MI

This home is located at 1505 Fairholme Rd, Grosse Pointe Woods, MI 48236 since 02 December 2022 and is currently estimated at $384,032, approximately $218 per square foot. This property was built in 1948. 1505 Fairholme Rd is a home located in Wayne County with nearby schools including John Monteith Elementary School, Brownell Middle School, and Grosse Pointe North High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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