NOT LISTED FOR SALE

27 Preston Place Grosse Pointe Farms, MI 48236

Estimated Value: $1,365,199 - $1,469,000

5 Beds
4 Baths
6,023 Sq Ft
$235/Sq Ft Est. Value

Last Sold December 21, 2017

Last sale price $875,000 $145 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $8,812/month

132 Days on Market

Highlights

  • Colonial Architecture
  • Fireplace in Primary Bedroom
  • Fenced Yard
  • Kerby Elementary School Rated A
  • Wood Flooring
  • Patio

About This Home

As of December 2017

Wonderful colonial tucked away in a quiet setting between Lake St. Clair and the Country Club of Detroit. Impressive 2 story marble floored foyer with sweeping staircase, tall ceilings and crown moldings. Many recent improvements include second floor laundry (washer and dryer included), updated full baths, tasteful decorating and numerous mechanical upgrades. Spacious sunlit rooms and gleaming hardwood floors, 5 natural fireplaces! Grand Living Room, Formal DR, Fam Rm, paneled library, 2nd staircase leading to a guest suite and more. Attached 4 car garage, Circular Driveway, Large Brick patio in private backyard. Sprinkler and Security system. Immediate occupancy!

Last Agent to Sell the Property

Christine Fikany Tracy

James R. Fikany Real Estate Co License #MISPE-6501386557 Listed on: 07/17/2017

Last Buyer's Agent

All Agents Non Mls

Non Reciprocal Counties/Nonmls License #HCBR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1965

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 115 x 120
  • Street terminates at a dead end
  • Fenced Yard
  • Sprinkler System

Parking

  • 4 Car Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Basement
  • Fireplace in Basement
  • Home Security System

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Full Bathrooms

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Preston Place Sub Gpte Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38-004-05-0007-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,649

Year Built

Built in 1965

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: 14649
  • Total Tax Year: 2016
  • Year Built: 1965
  • Mail City: Grosse Pointe Farms
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail., Hardwood Floors, Security System
  • Fireplace: Yes
  • Fireplaces: Basement Fireplace, FamRoom Fireplace, Gas Fireplace, LivRoom Fireplace, Primary Bedroom Fireplace, Natural Fireplace
  • Basement: Yes
  • Bedrooms: 5
  • Bedroom 1: On 2nd Floor, Dimensions: 33 x 17
  • Bedroom 2: On 2nd Floor, Dimensions: 22 x 18
  • Bedroom 3: On 2nd Floor, Dimensions: 17 x 14
  • Bedroom 4: On 2nd Floor, Dimensions: 16 x 14
  • Bedroom 5: On 2nd Floor, Dimensions: 13 x 10
  • Full Bathrooms: 4
  • Total Bathrooms: 7
  • Below Grade Bedrooms: 1
  • Room Types: Other-See Remarks
  • Dining Room: On 1st Floor, Dimensions: 18 x 14
  • Dining Room Floor Covering: Wood
  • Family Room: On 1st Floor, Dimensions: 19 x 17
  • Kitchen: On 1st Floor, Dimensions: 23 x 14
  • Library Den: On 1st Floor, Dimensions: 17 x 14
  • Living Room: On 1st Floor, Dimensions: 33 x 17
  • Below Grade Sq Ft: 2000
  • Finished Below Grade Sq Ft: 1000
  • Half Bathrooms: 2
  • Above Grade Finished Sq Ft: 5023
  • Total Finished Sq Ft: 6023

Exterior Features

  • Exterior: Brick
  • Exterior Features: Fenced Yard, Lawn Sprinkler, Patio, Street Lights
  • Foundation: Basement
  • Frontage: 115
  • Road: Paved Street

Garage/Parking

  • Garage Spaces: 4
  • Garage: Yes

Utilities

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

Lot Info

  • Assessor Parcel Number: 38-004-05-0007-000
  • Zoning: Residential
  • Lot Dimensions: 115 x 120
  • Acreage: 0.28
  • Geo Subdivision: MI
  • Site/Lot Features: Dead End

Tax Info

  • Summer Tax: Year: 2016, Amount: $7,671.00
  • Winter Tax: Year: 2016, Amount: $6,978.00
  • Total Tax: Year: 2016, Amount: $14,649.00

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2021
Sold by
Ryan Hadley E
Bought by
Ryan Gregory M
Current Estimated Value
$1,414,733

Purchase Details

Listed on
Jul 17, 2017
Closed on
Dec 21, 2017
Sold by
Stines Melissa J and Stines Michael L
Bought by
Ryan Gregory M
Seller's Agent
Christine Fikany Tracy
James R. Fikany Real Estate Co
Buyer's Agent
All Agents Non Mls
Non Reciprocal Counties/Nonmls
List Price
$999,000
Sold Price
$875,000
Premium/Discount to List
-$124,000
-12.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$485,000
Interest Rate
3.94%

Purchase Details

Closed on
Dec 30, 2009
Sold by
Henkel Edward and Henkel Geraldyne Rounds
Bought by
Stines Melissa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.96%
Mortgage Type
New Conventional
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
Ryan Gregory M -- None Available
Ryan Gregory M $875,000 Chirco Title Agency Inc
Stines Melissa J $560,000 Greco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryan Gregory M $200,000
Open Ryan Gregory M $466,000
Closed Ryan Gregory M $470,000
Closed Stines Melissa $485,000
Previous Owner Stines Melissa J $160,000
Previous Owner Stines Michael L $420,000
Previous Owner Stines Melissa J $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2017 12/21/17 Sold $875,000 -7.8% $145 / Sq Ft
11/26/2017 11/26/17 Pending -- -- --
10/10/2017 10/10/17 Price Changed $949,000 -5.0% $158 / Sq Ft
08/10/2017 08/10/17 Price Changed $999,000 0.0% $166 / Sq Ft
08/10/2017 08/10/17 For Sale $999,000 +14.2% $166 / Sq Ft
08/08/2017 08/08/17 Off Market $875,000 -- --
07/17/2017 07/17/17 For Sale $1,100,000 -- $183 / 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 $13,244 $550,800 $0 $0
2024 $13,244 $537,300 $0 $0
2023 $12,612 $478,600 $0 $0
2022 $12,612 $481,900 $0 $0
2021 $23,144 $458,700 $0 $0
2019 $22,861 $450,700 $0 $0
2018 $11,699 $435,500 $0 $0
2017 $13,975 $424,600 $0 $0
2016 $14,650 $417,200 $0 $0
2015 $29,017 $320,100 $0 $0
2013 $28,110 $281,100 $0 $0
2012 $7,476 $281,100 $90,000 $191,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31325497

Michigan Multiple Listing Service

APN: 38-004-05-0007-000