$80,000
SOLD JUL 31, 2020

314 Mcmillan Rd Grosse Pointe Farms, MI 48236

0.12 Acre
$666,667 Price per Acre
5,227 Sq Ft Lot

Recently Sold

20% Below List Price

63 Days on Market

About This Lot

As of May 2024

Excellent and rare opportunity to build your own custom home in Grosse Pointe Farms. Generously sized lot! Choose your own builder and design your dream home in a beautiful community. Nestled in the heart of the Farms on one of the very desirable "M" streets. Steps away from the Hill Shopping District! Close proximity to award winning schools. Nice quiet neighborhood. Access to resident only waterfront park and all the amenities it has to offer. Listing agent also has several local builders that can help see you through the whole process. Competitively priced. Contact agent for any questions that you may have and set up a showing today!

Last Agent to Sell the Property

Michael Defauw

Sine & Monaghan LLC License #6501387091 Listed on: 01/03/2020

Sine & Monaghan LLC

Last Buyer's Agent

Michael Defauw

Sine & Monaghan LLC License #6501387091 Listed on: 01/03/2020

Sine & Monaghan LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 61x95

Utilities

  • Sewer in Street

Community Details

  • Dodge Grosse Pointe Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38010030002000

Property Details

Property Type

Land

Est. Annual Taxes

$1,345

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 26700.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 61
  • Road Frontage Type: Paved

Utilities

  • Sewer: Sewer at Street
  • Water Source: Water at Street

Schools

  • School District: Grosse Pointe

Lot Info

  • List Price per Acre: 833333.3333
  • Lot Size Area: 0.12
  • Lot Dimensions: 61X95
  • Parcel Number: 38010030002000
  • Zoning: Residential
  • Survey: Yes

Tax Info

  • Tax Amount Summer: 717.0000
  • Tax Amount Winter: 628.0000
  • Total Tax: 1345.0000
  • Taxable Value: 26700.0000

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
May 10, 2024
Sold by
Quain Jennifer M
Bought by
Hakim Christopher M
Seller's Agent
Beline Obeid
Beline Obeid Realty
Buyer's Agent
David Fekin
Jim Saros Real Estate Services
List Price
$749,000
Sold Price
$705,000
Premium/Discount to List
-$44,000
-5.87%
Views
105
Current Estimated Value
$683,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,583
Avg. Annual Appreciation
2.23%
Original Mortgage
$705,000
Outstanding Balance
$698,417
Interest Rate
6.97%
Mortgage Type
New Conventional
Estimated Equity
$25,653

Purchase Details

Listed on
Jan 3, 2020
Closed on
Jul 27, 2020
Sold by
Thomas Brendan
Bought by
Quain Jennifer
Seller's Agent
Michael Defauw
Sine & Monaghan LLC
Buyer's Agent
Michael Defauw
Sine & Monaghan LLC
List Price
$100,000
Sold Price
$80,000
Premium/Discount to List
-$20,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.84%

Purchase Details

Closed on
Feb 12, 2014
Sold by
Mcgratty Therese M
Bought by
Thomas Brendan

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
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2014
Sold by
Mcgratty Stephen A and Mcgratty Therese
Bought by
Mcgratty Therese

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
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2003
Sold by
Mcgratty Stephen A and Mcgratty Theresa M
Bought by
Mcgratty Therese M
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $705,000 Ata National Title
Warranty Deed $80,000 Ata National Title Group Llc
Warranty Deed $445,000 Capital Title Ins Agency
Interfamily Deed Transfer -- Capital Title Ins Agency
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $705,000 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $417,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $705,000 -1.9% $308 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
03/15/2024 03/15/24 Price Changed $719,000 -4.0% $314 / Sq Ft
03/01/2024 03/01/24 For Sale $749,000 +836.3% $327 / Sq Ft
07/31/2020 07/31/20 Sold $80,000 -20.0% --
04/07/2020 04/07/20 For Sale $100,000 0.0% --
03/06/2020 03/06/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $100,000 -- --
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
2024 $6,448 $270,100 $0 $0
2023 $6,801 $246,200 $0 $0
2022 $14,533 $224,500 $0 $0
2021 $7,816 $119,000 $0 $0
2019 $1,369 $26,700 $0 $0
2018 $717 $26,700 $0 $0
2017 $1,337 $28,100 $0 $0
2016 $1,414 $28,100 $0 $0
2015 $3,490 $34,900 $0 $0
2013 $3,040 $30,400 $0 $0
2012 $793 $29,800 $29,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200000514

Realcomp

APN: 38-010-03-0002-000