NOT LISTED FOR SALE

Estimated Value: $2,299,154 - $2,420,000

5 Beds
7 Baths
7,236 Sq Ft
$328/Sq Ft Est. Value

Last Sold March 12, 2018

Last sale price $1,450,000 $200 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $15,780/month

239 Days on Market

Highlights

  • Home Theater
  • In Ground Pool
  • Recreation Room
  • Indian Trail Elementary School Rated A
  • Rooftop Deck
  • Traditional Architecture

About This Home

As of March 2018

Meticulously restored to its original grandeur, this 3 story estate on 3/4 of an acre offers 5 bedrooms and 5.2 baths one block from the lake. This home features a gracious foyer w/ grand staircase, private 1st floor office, walkout basement, and beautiful in ground pool. Updated kitchen w/ eating area and high end SS appliances opens to large FR w/ built ins, walls of windows, and access to patio, balcony, and pool area. Elegant formal DR and two 1st floor powder rooms complete the main level. Enormous master suite w/ separate sitting room/library plus an oversized closet converted from a bedroom. Lux master bath/spa and private balcony overlooking lush grounds and pool. Three additional 2nd floor bedrooms, two additional bathrooms and a laundry room. Third level features enormous bedroom and bathroom and a large storage area. LL with laundry center, workout room, family room/office and walk out to pool. 3 car heated garage. Walk to town, dog beach park, lake, train, and schools

Last Agent to Sell the Property

Margie Brooks

Baird & Warner License #475121853 Listed on: 03/08/2017

Baird & Warner

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,311

Year Built

  • 1939

Lot Details

  • Southern Exposure
  • Fenced Yard

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • Bar Fridge
  • Dry Bar
  • Wood Burning Fireplace
  • Mud Room
  • Entrance Foyer
  • Sitting Room
  • Breakfast Room
  • Home Theater
  • Home Office
  • Library
  • Recreation Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Double Oven
  • Microwave
  • High End Refrigerator
  • Bar Refrigerator
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub
  • Steam Shower
  • European Shower
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • In Ground Pool
  • Rooftop Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,311

Year Built

1939

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 71-80 Years
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 5.2
  • Style Of House: Traditional
  • Type Detached: 3 Stories
  • Estimated Year Built: 1939
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1939

Interior Features

  • Interior Property Features: Bar-Dry, Hardwood Floors, 2nd Floor Laundry
  • Number Of Rooms: 15
  • Living Room: Dimensions: 37X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Refrigerator-Bar, Freezer, Washer, Dryer, Disposal
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, European Shower, Full Body Spray Shower
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 21X18, On Level: Basement, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 18X15, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 17X15, On Level: Main Level, Flooring: Stone
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: 5th Bedroom, Breakfast Room, Foyer, Library, Media Room, Mud Room, Office, Recreation Room, Sitting Room, Storage, Walk In Closet
  • Master Bedroom: Dimensions: 21X20, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Library, Dimensions: 14X14, On Level: Main Level, Flooring: Carpet
  • Additional Room 2 Name: Mud, Dimensions: 17X15, On Level: Main Level, Flooring: Stone
  • Bedroom 2: Dimensions: 16X15, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Walk in Closet, Dimensions: 25X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 15X12, On Level: 2nd Level
  • Additional Room 4 Name: 5th Bdrm, Dimensions: 20X20, On Level: 3rd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 15X8, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 5 Name: Breakfast Rm, Dimensions: 17X10, On Level: Main Level, Flooring: Stone
  • Additional Room 6 Name: Office, Dimensions: 16X16, On Level: 3rd Level, Flooring: Carpet
  • Additional Room 7 Name: Foyer, Dimensions: 20X10, On Level: Main Level
  • Additional Room 8 Name: Recreation Rm, Dimensions: 52X24, On Level: Basement, Flooring: Carpet
  • Additional Room 9 Name: Media Rm, Dimensions: 16X14, On Level: Basement, Flooring: Carpet
  • Additional Room 10 Name: Sitting, Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 7236
  • Dining Room Type: Separate
  • Family Room: Dimensions: 21X19, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Roof Deck, Pool In-Ground
  • Exposure: N (North), S (South)
  • Acreage: 0.6725

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 3.1
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 9455

Schools

  • Junior High Dist: 112

Lot Info

  • Lot Dimensions: 135X169X154X246
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 16143090320000

Tax Info

  • Taxes: 41791.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2017
Closed on
Mar 12, 2018
Sold by
Perlmutter Jeffrey L and Perlmutter Adam
Bought by
Waxman Meg and Waxman Joseph S
Seller's Agent
Margie Brooks
Baird & Warner
Buyer's Agent
Non Member
NON MEMBER
List Price
$1,749,000
Sold Price
$1,450,000
Premium/Discount to List
-$299,000
-17.1%
Current Estimated Value
$2,373,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$923,051
Avg. Annual Appreciation
6.67%
Original Mortgage
$144,800
Outstanding Balance
$124,433
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,248,618

Purchase Details

Closed on
Jul 8, 2003
Sold by
Perlmutter Jeffrey L and Cindy Perlmutter Qualified Per
Bought by
Perlmutter Jeffrey L and Perlmutter Cindy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 1998
Sold by
Perlmutter Cindy M
Bought by
Perlmutter Jeffrey L and Cindy Perlmutter Qualified Per

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.88%
Source: Public Records

Range of Values:

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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
Waxman Meg $1,450,000 Attorney
Perlmutter Ross -- Premier Title
Perlmutter Adam -- Premier Title
Perlmutter Jeffrey L -- --
Perlmutter Jeffrey L -- --
Perlmutter Cindy M $1,325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perlmutter Adam $144,800
Open Waxman Meg $1,160,000
Previous Owner Perlmutter Jeffrey L $569,000
Previous Owner Perlmutter Jeffrey L $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2018 03/12/18 Sold $1,450,000 -3.3% $200 / Sq Ft
11/02/2017 11/02/17 Pending -- -- --
08/23/2017 08/23/17 Price Changed $1,499,999 -6.3% $207 / Sq Ft
06/26/2017 06/26/17 Price Changed $1,599,999 -3.0% $221 / Sq Ft
05/16/2017 05/16/17 Price Changed $1,649,000 -2.9% $228 / Sq Ft
03/14/2017 03/14/17 Price Changed $1,699,000 -2.9% $235 / Sq Ft
03/08/2017 03/08/17 For Sale $1,749,000 -- $242 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2024 $40,311 $518,672 $171,655 $347,017
2023 $41,154 $467,525 $154,728 $312,797
2022 $41,154 $462,994 $169,978 $293,016
2021 $37,952 $447,553 $164,309 $283,244
2020 $36,724 $447,553 $164,309 $283,244
2019 $35,483 $445,459 $163,540 $281,919
2018 $37,855 $502,850 $181,141 $321,709
2017 $37,265 $499,950 $180,096 $319,854
2016 $41,792 $552,332 $171,455 $380,877
2015 $40,549 $513,176 $159,300 $353,876
2014 $33,923 $449,533 $159,406 $290,127
2012 $32,977 $422,749 $160,336 $262,413
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09525114

Midwest Real Estate Data (MRED)

APN: 16-14-309-032