NOT LISTED FOR SALE

1590 Fairholme Rd Grosse Pointe Woods, MI 48236

Estimated Value: $394,000 - $418,000

3 Beds
1 Bath
1,868 Sq Ft
$217/Sq Ft Est. Value

Last Sold May 07, 2020

Last sale price $227,000 $122 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,634/month

2 Days on Market

Highlights

  • Marina
  • Outdoor Pool
  • Recreation Room
  • John Monteith Elementary School Rated A-
  • Colonial Architecture
  • 3-minute walk to Sweeney Park

About This Home

As of May 2020

Handsome brick Colonial style home in wonderful Woods location! Perfect opportunity for those looking to update and renovate!1,868 square feet, 3 bedrooms, 1.1 baths. Hardwood floors. Spacious living room with fireplace. Formal dining room. Family room off the rear of the home. Spacious kitchen with eating-area. Second floor bedrooms with ample closets. Basement recreation room. 2 car attached garage. City certs are complete. Access to private resident’s only lake front Ghesquiere Park with 55 acres; swimming complex, boardwalk/fishing terrace, marina, bus service, picnic area, playground, separate dog park and more!

Last Agent to Sell the Property

Beline Obeid

Beline Obeid Realty License #MISPE-6502364838 Listed on: 03/16/2020

Last Buyer's Agent

Chris Cotzias

Real Estate One Grosse Pointe License #MISPE-6502103970

Real Estate One Grosse Pointe

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1947

Lot Details

  • 6,534

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,868 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Recreation Room
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Outdoor Pool
  • Lot Dimensions are 55 x 118

Listing and Financial Details

  • Assessor Parcel Number 40 012 05 0080 000

Community Details

Overview

  • Fairholme No. 1 Subdivision

Recreation

  • Marina
  • Tennis Courts
  • Community Playground
  • Community Spa
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,611

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Total Tax Amount: 4611.23
  • Total Tax Year: 2019
  • Year Built: 1947
  • Mail City: Grosse Pointe Woods
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dryer, Range/Oven, Washer
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace
  • Basement: Yes
  • Basement: Unfinished
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 16 x 11
  • Bedroom 2: On 2nd Floor, Dimensions: 13 x 12
  • Bedroom 3: On 2nd Floor, Dimensions: 11 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Second
  • Room Types: Family Room, Living Room, Recreation Room
  • Dining Room: On 1st Floor, Dimensions: 14 x 12
  • Family Room: On 1st Floor, Dimensions: 13 x 13
  • Kitchen: On 1st Floor, Dimensions: 13 x 11
  • Living Room: On 1st Floor, Dimensions: 24 x 13
  • Below Grade Sq Ft: 841
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1868
  • Total Finished Sq Ft: 1868

Exterior Features

  • Pool: Yes
  • Exterior: Brick
  • Foundation: Basement
  • Frontage: 55

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public At Street
  • Water: Public Water at Street
  • Cooling: Central A/C

Condo/Co-op/Association

  • Community Features: Marina, Park, Playground, Pool/Hot Tub, Tennis Courts

Lot Info

  • Assessor Parcel Number: 40 012 05 0080 000
  • Lot Dimensions: 55 x 118
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $2,789.49
  • Winter Tax: Year: 2019, Amount: $1,821.74
  • Total Tax: Year: 2019, Amount: $4,611.23
  • SEV Year: 2020

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2020
Closed on
May 7, 2020
Sold by
Hamilton Richard J
Bought by
Castillo Cali and Stump James
Seller's Agent
Beline Obeid
Beline Obeid Realty
Buyer's Agent
Chris Cotzias
Real Estate One Grosse Pointe
List Price
$225,000
Sold Price
$227,000
Premium/Discount to List
$2,000
0.89%
Current Estimated Value
$405,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,971
Avg. Annual Appreciation
11.59%
Original Mortgage
$222,888
Outstanding Balance
$198,372
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$207,599

Purchase Details

Closed on
Jul 18, 2016
Sold by
Hamilton Hazel M and Hamilton John
Bought by
Hamilton Hazel M
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
Castillo Cali $227,000 Ata National Title Group Llc
Hamilton Hazel M -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillo Cali $222,888
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2020 05/07/20 Sold $227,000 +0.9% $122 / Sq Ft
03/18/2020 03/18/20 Pending -- -- --
03/16/2020 03/16/20 For Sale $225,000 -- $120 / 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
2025 $5,064 $179,200 $0 $0
2024 $5,064 $179,700 $0 $0
2023 $4,870 $152,800 $0 $0
2022 $7,628 $135,100 $0 $0
2021 $7,439 $133,800 $0 $0
2020 $4,711 $129,200 $0 $0
2019 $2,789 $122,900 $0 $0
2018 $2,741 $110,900 $0 $0
2017 $3,186 $110,400 $0 $0
2016 $4,343 $99,100 $0 $0
2015 $7,527 $90,400 $0 $0
2013 $7,290 $74,400 $0 $0
2012 -- $75,600 $18,700 $56,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50008341

Michigan Multiple Listing Service

APN: 40-012-05-0080-000