$677,000
SOLD OCT 14, 2016

3 Rathbone Place Grosse Pointe, MI 48230

4 Beds
2 Baths
4,915 Sq Ft
0.42 Acres

Recently Sold

$138 Per Sq Ft

18% Below List Price

51 Days on Market

Highlights

  • Access To Lake
  • 0.42 Acre Lot
  • Wood Flooring
  • Lewis Maire Elementary School Rated A
  • Colonial Architecture
  • 1-minute walk to Neff Park

About This Home

As of October 2016

Beautiful residence on curved, tree-lined cul-de-sac South of Jefferson near Grosse Pointe City Park! Gourmet kitchen with granite counters, Sub Zero, Viking range/double ovens. Family room w/wet bar, granite fireplace overlooks spectacular multi-level Blue Stone terrace w/outdoor stone fireplace. First flr. BR can be Library/2nd flr. walk-in closet can be changed back to BR. Gleaming hdwd. flrs. in most rooms, attached garage, bsmt. walk-out to backyard. Newer, charming gate to Grosse Pointe City Park! Privacy, quality upgrades, excellent location! Owners relocated - special financing available! Closing cost incentive available.

Last Agent to Sell the Property

Beth Pressler

Sandy & Associates LLC License #MISPE-6506042209 Listed on: 06/21/2016

Last Buyer's Agent

Dean Sine

Sine & Monaghan Realtors Real Living LLC GPF License #RCO-6501233840

Sine & Monaghan Realtors Real Living LLC GPF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,254

Year Built

  • Built in 1956

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 110x166
  • Cul-De-Sac

Parking

  • 2 Car Attached 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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Fireplace in Basement

Outdoor Features

  • Access To Lake

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Otsiketa Court Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37 006 03 0004 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,254

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Year Built: 1956
  • Mail City: Grosse Pointe
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplaces: Basement Fireplace, FamRoom Fireplace, Gas Fireplace, LivRoom Fireplace
  • Basement: Yes
  • Basement: Finished, Walk Out, Sump Pump
  • Bedrooms: 4
  • Bedroom 1: On 1st Floor, Dimensions: 14 x 11
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On 2nd Floor, Dimensions: 20 x 13
  • Bedroom 2 Floor Covering: Wood
  • Bedroom 3: On 2nd Floor, Dimensions: 13 x 13
  • Bedroom 3 Floor Covering: Wood
  • Bedroom 4: On 2nd Floor, Dimensions: 15 x 11
  • Bedroom 4 Floor Covering: Wood
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Below Grade Bedrooms: 1
  • Bathroom 1: Dimensions: 10 x 5, On Level: Second, Flooring: Ceramic
  • Bathroom 2: Dimensions: 10 x 5, On Level: Second, Flooring: Ceramic
  • Dining Room: On 1st Floor, Dimensions: 14 x 14
  • Dining Room Floor Covering: Wood
  • Family Room: On 1st Floor, Dimensions: 25 x 13
  • Family Room Floor Covering: Wood
  • Kitchen: On 1st Floor, Dimensions: 25 x 13
  • Kitchen Floor Covering: Wood
  • Living Room: On 1st Floor, Dimensions: 17 x 15
  • Living Room Floor Covering: Wood
  • Other Room1: Dimensions: 11x13, On Level: Second, Flooring: Wood
  • Other Room 2: Dimensions: 8x5, On Level: First, Flooring: Wood
  • Below Grade Sq Ft: 1759
  • Finished Below Grade Sq Ft: 1759
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 3156
  • Total Finished Sq Ft: 4915

Exterior Features

  • Exterior: Brick
  • Foundation: Basement
  • Frontage: 110
  • Road: Private Road
  • Water Features: Lake/River Access

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public At Street
  • Water: Public Water at Street

Lot Info

  • Assessor Parcel Number: 37 006 03 0004 000
  • Lot Dimensions: 110x166
  • Acreage: 0.42
  • Geo Subdivision: MI
  • Site/Lot Features: Cul-De-Sac

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2016
Sold by
Schmitt Rebecca and Schmitt Doulgas
Bought by
Plams Charles L
Current Estimated Value
$889,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,171,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2014
Closed on
Jul 21, 2014
Sold by
Woodward David J and Woodward Gretchen A
Bought by
Schmitt Douglas
Seller's Agent
Kelie McMillan
Sine & Monaghan LLC
Buyer's Agent
Paula M. Morris
Adlhoch & Associates, REALTORS
List Price
$725,000
Sold Price
$720,000
Premium/Discount to List
-$5,000
-0.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.26%
Original Mortgage
$576,000
Interest Rate
4.2%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $677,000 None Available
Warranty Deed $720,000 Greco Title Agency Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $4,171,000 New Conventional
Previous Owner $576,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $680,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2016 10/14/16 Sold $677,000 -12.6% $138 / Sq Ft
08/11/2016 08/11/16 Pending -- -- --
07/28/2016 07/28/16 Price Changed $775,000 -2.9% $158 / Sq Ft
07/05/2016 07/05/16 Price Changed $798,198 -3.2% $162 / Sq Ft
06/21/2016 06/21/16 For Sale $825,000 +14.6% $168 / Sq Ft
07/21/2014 07/21/14 Sold $720,000 -0.7% $225 / Sq Ft
06/07/2014 06/07/14 Pending -- -- --
05/22/2014 05/22/14 For Sale $725,000 -- $227 / 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
2024 $12,254 $404,000 $0 $0
2023 $11,687 $367,000 $0 $0
2022 $16,914 $346,200 $0 $0
2021 $16,037 $345,200 $0 $0
2019 $16,657 $313,900 $0 $0
2018 $10,143 $295,100 $0 $0
2017 $10,787 $292,100 $0 $0
2016 $15,316 $295,100 $0 $0
2015 $29,960 $299,600 $0 $0
2013 $23,869 $249,900 $0 $0
2012 -- $233,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31294751

Michigan Multiple Listing Service

APN: 37-006-03-0004-000