NOT LISTED FOR SALE

164 Ridgemont Rd Grosse Pointe Farms, MI 48236

Estimated Value: $594,050 - $692,000

3 Beds
2.5 Baths
2,286 Sq Ft
$279/Sq Ft Est. Value

Last Sold May 20, 2019

Last sale price $425,000 $186 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,388/month

9 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Balcony
  • Kerby Elementary School Rated A
  • No HOA
  • 2 Car Detached Garage

About This Home

As of May 2019

Move-in ready 3 BR, 2.5 BA Colonial just 4 lots from Kercheval Ave and a 10 minute walk from Pier Park! New kitchen with granite counters, new SS appliances (Jenn-Air fridge), and large pantry overlooks family room w/ gas fireplace. High-end finishes throughout including double-hung Pozzi windows, wooden plantation shutters, Ethan Allen drapes, built-in California Closets, MBR with skylight and walk-in closet in ensuite. MBR deck and enclosed back porch overlook back yard with hydrangeas and lush landscaping. Refinished hardwood floors w/ 3 coats of polyurethane. CAC. New wooden privacy fence. Irrigation system. Landscape lighting. Freshly painted 2-car garage and porch. Architectural shingle roof on house and garage. Commercial-grade Maytag washer and dryer (w/ steam). Functional safe bolted to basement floor. Large walk-in cedar closet. Buy now and enjoy fun-filled days of K-Line trolley rides and pool / beach / water-sport time at the resident-only GP Farms lakefront park.

Last Agent to Sell the Property

Ryan Lally

KW Grosse Pointe License #6501398300 Listed on: 04/06/2019

KW Grosse Pointe

Last Buyer's Agent

Patricia Verb

License #6506047019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1953 | Remodeled in 2017

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50.00x142.00
  • Fenced

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,286 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Assr's Grosse Pointe Farms Plat No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38003020036006
  • $1,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,974

Year Built

Built in 1953 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1953
  • Year Renovated: 2017
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Humidifier, Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room, Living Room
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2286
  • Total Sq Ft: 2286
  • Sq Ft Total Bsmt: 750

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Balcony, Deck, Patio, Porch, Porch - Enclosed
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street, Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal), Water at Street
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Grosse Pointe

Lot Info

  • Homestead: Yes
  • List Price per Acre: 2656250.0000
  • Lot Size Area: 0.16
  • Lot Dimensions: 50.00X142.00
  • Parcel Number: 38003020036006

Tax Info

  • Tax Amount Summer: 4251.0000
  • Tax Amount Winter: 3723.0000
  • Total Tax: 7974.0000

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2024
Sold by
Korsak Theron R
Bought by
Theron R Korsak Revocable Trust and Korsak
Current Estimated Value
$637,013

Purchase Details

Listed on
Apr 6, 2019
Closed on
May 20, 2019
Sold by
Reese Kevin J and Huh Jay Y
Bought by
Korsak Theron R
Seller's Agent
Ryan Lally
KW Grosse Pointe
Buyer's Agent
Patricia Verb
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%
Original Mortgage
$3,825,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2016
Sold by
Huh Jay Y and Reese Kevin J
Bought by
Huh Jay Y

Purchase Details

Listed on
Nov 24, 2015
Closed on
Feb 29, 2016
Sold by
Rudolph Terry L and Rudolph Jean M
Bought by
Huh Jay Y and Reese Kevin J
Seller's Agent
Maudi Moody
Lucido and Associates, Inc
Buyer's Agent
Scott Adlhoch
Adlhoch & Associates, REALTORS
List Price
$330,000
Sold Price
$300,000
Premium/Discount to List
-$30,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%
Original Mortgage
$285,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2014
Sold by
Rudolph Terry L and Rudolph Jean M
Bought by
Rudolph Family Living Trust
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
Theron R Korsak Revocable Trust -- None Listed On Document
Korsak Theron R $425,000 Ata National Title Group Llc
Huh Jay Y -- None Available
Huh Jay Y $300,000 Greco Title Agency Llc
Rudolph Family Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Korsak Theron R $62,666
Previous Owner Korsak Theron R $336,000
Previous Owner Korsak Theron R $340,000
Previous Owner Korsak Theron R $3,825,000
Previous Owner Huh Jay Y $285,000
Previous Owner Rudolph Terry L $141,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2019 05/20/19 Sold $425,000 0.0% $186 / Sq Ft
04/15/2019 04/15/19 Pending -- -- --
04/06/2019 04/06/19 For Sale $425,000 +41.7% $186 / Sq Ft
02/29/2016 02/29/16 Sold $300,000 -6.2% $131 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
01/05/2016 01/05/16 Price Changed $319,900 -3.1% $140 / Sq Ft
11/24/2015 11/24/15 For Sale $330,000 -- $144 / 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 $11,085 $268,000 $0 $0
2024 $11,085 $252,000 $0 $0
2023 $0 $232,000 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $3,445 $0 $0 $0
2019 $4,353 $173,900 $0 $0
2018 $4,251 $165,400 $0 $0
2017 $7,376 $173,700 $0 $0
2016 $6,884 $165,900 $0 $0
2015 $13,636 $151,900 $0 $0
2013 $13,210 $132,100 $0 $0
2012 $3,445 $129,500 $28,700 $100,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219023971

Realcomp

APN: 38-003-02-0036-006