NOT LISTED FOR SALE

254 Mount Vernon Ave Grosse Pointe Farms, MI 48236

Estimated Value: $502,000 - $521,030

3 Beds
2.5 Baths
2,678 Sq Ft
$191/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $450,000 $168 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,015/month

Highlights

  • 1.5 Car Detached Garage
  • Bungalow
  • Forced Air Heating System
  • Kerby Elementary School Rated A

About This Home

As of April 2024

All the charm in Grosse Pointe Farms! This 3 bedroom, 2.5 bathroom (half bath located in basement) brick home is located right in the heart of the Farms. Offering 2 nice sized bedrooms on the main floor along with an updated full bath, large kitchen offering loads of cabinets, an eat-in/dining area and a cozy living room with fireplace. Hardwood floors throughout the kitchen and living room. Right off the kitchen is a completely enclosed back porch with brand new carpet, great for a morning coffee or afternoon relaxation. Second floor has been expanded to offer an updated full ensuite living setup with a large sleeping area, recreation area, multiple closets and a large full bathroom. Basement is partially finished with additional kitchen area, lots of storage, half bathroom and large utility/laundry area. This home features a lovely, completely fenced in backyard, detached garage, and a patio area great for dining. Located on a tree lined block that is walkable to schools, shopping, dining and more. Grosse Pointe Farms offers a residents only park with swimming, splash pad, tennis, playground, marina, clubhouse, beach area, kayak storage, ice skating, and more!

Last Agent to Sell the Property

Charlene Williams

Sine & Monaghan LLC License #MISPE-6501324363 Listed on: 04/10/2024

Sine & Monaghan LLC

Last Buyer's Agent

Dino Ricci

Sine & Monaghan LLC License #MISPE-6501280906

Sine & Monaghan LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1949

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 49x101

Parking

  • 1.5 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Living Room with Fireplace
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Lothrop Estate Co Mt Vernon Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38-010-07-0002-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,008

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Bungalow
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 7008
  • Total Tax Year: 2023
  • Year Built: 1949
  • Mail City: Grosse Pointe
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace
  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 14 x 12
  • Bedroom 2: On Entry Level, Dimensions: 14 x 10
  • Bedroom 3: On 2nd Floor, Dimensions: 23 x 15
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: On Level: Entry
  • Bathroom 2: On Level: Second
  • Kitchen: On Entry Level
  • Living Room: On Entry Level
  • Below Grade Sq Ft: 1173
  • Finished Below Grade Sq Ft: 700
  • Above Grade Finished Sq Ft: 1978
  • Total Finished Sq Ft: 2678
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Brick
  • Foundation: Basement
  • Frontage: 49
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 1.5
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 38-010-07-0002-000
  • Lot Dimensions: 49x101
  • Acreage: 0.12
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $3,637.00
  • Winter Tax: Year: 2023, Amount: $3,371.00
  • Total Tax: Year: 2023, Amount: $7,008.00

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
Apr 9, 2024
Sold by
Sterner Joanne and Sterner Joanne A
Bought by
Labeau Alicia S
Seller's Agent
Charlene Williams
Sine & Monaghan LLC
Buyer's Agent
Dino Ricci
Sine & Monaghan LLC
List Price
$450,000
Sold Price
$450,000
Views
9
Current Estimated Value
$512,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,258
Avg. Annual Appreciation
8.33%
Original Mortgage
$441,849
Outstanding Balance
$434,417
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$77,841
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Labeau Alicia S $450,000 Ata National Title
Labeau Alicia S $450,000 Ata National Title
Labeau Alicia S $450,000 Ata National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Labeau Alicia S $441,849
Closed Labeau Alicia S $441,849
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2024 04/10/24 Sold $450,000 0.0% $168 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $450,000 -- $168 / 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 $3,817 $255,700 $0 $0
2024 $3,817 $240,500 $0 $0
2023 $3,637 $220,300 $0 $0
2022 $6,793 $201,800 $0 $0
2021 $6,417 $190,900 $0 $0
2019 $6,310 $184,400 $0 $0
2018 $3,229 $153,300 $0 $0
2017 $5,603 $149,500 $0 $0
2016 $5,873 $142,800 $0 $0
2015 $11,634 $129,500 $0 $0
2013 $11,270 $112,700 $0 $0
2012 $2,940 $110,500 $25,800 $84,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50138236

Michigan Multiple Listing Service

APN: 38-010-07-0002-000