NOT LISTED FOR SALE

314 University Place Grosse Pointe, MI 48230

Estimated Value: $1,118,000 - $1,549,000

4 Beds
3 Baths
4,814 Sq Ft
$263/Sq Ft Est. Value

Last Sold July 21, 2022

Last sale price $1,200,000 $249 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,946/month

26 Days on Market

Highlights

  • New Construction
  • 0.52 Acre Lot
  • Cathedral Ceiling
  • Lewis Maire Elementary School Rated A
  • Colonial Architecture
  • 4-minute walk to Neff Park

About This Home

As of July 2022

Welcome to the dream home you've always wanted! Located on a quiet street & within walking distance to the lake or shopping & restaurants. This exquisite 4,814 sq foot custom built home has 4 bedrooms & 5 Bathrooms. This colonial is right in the heart of Grosse Pointe. Extra large lot 150' wide. Perfect floor plan for entertaining. Huge kitchen that opens to a large open concept living space with a fireplace. Grand 2 story entryway with marble floors. Butlers pantry opens into a large dining room. Master suite with luxurious bathroom, double vanity, large walk in closet, large Jacuzzi bathtub & shower. Finished bonus room on the 2nd floor that could have so many multiple uses. 3 car attached garage. Fully landscaped with irrigation system.

Last Agent to Sell the Property

Lisa Russell

Sandy & Associates LLC License #MISPE-6501331576 Listed on: 05/17/2022

Last Buyer's Agent

Ryan Guty

REALTEAM Real Estate License #6501401775

REALTEAM Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,693

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 150 x 149.44
  • Sprinkler System

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 4,814 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Bay Window
  • Great Room with Fireplace
  • Home Office
  • Bonus Room
  • Sun or Florida Room
  • Wood Flooring
  • Basement
  • Sump Pump
  • Laundry on upper level

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • University Place Sub Cyff Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37005040008000

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,693

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Flood Insurance: Not Required
  • New Construction: Yes
  • Total Tax Year: 2017
  • Year Built: 2019
  • Mail City: Grosse Pointe
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Bay Window, Cathedral/Vaulted Ceiling, Hardwood Floors, Walk-In Closet
  • Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Fireplaces: Grt Rm Fireplace, Natural Fireplace
  • Basement: Yes
  • Basement: Poured, Sump Pump
  • Bedrooms: 4
  • Bedroom 1: On 2nd Floor, Dimensions: 32 x 15
  • Bedroom 2: On 2nd Floor, Dimensions: 12 x 12
  • Bedroom 3: On 2nd Floor, Dimensions: 13 x 12
  • Bedroom 4: On 2nd Floor, Dimensions: 13 x 15
  • Full Bathrooms: 3
  • Total Bathrooms: 5
  • Bathroom 1: Dimensions: 11 x 15, On Level: Second
  • Bathroom 2: On Level: Second
  • Bathroom 3: On Level: Second
  • Room Types: Den/Study/Lib, Great Room, In-Law/AuPair/Ste, Second Floor Laundry, Sun/Florida Room, Primary Bathroom, Home Office, Bonus Room
  • Dining Room: On Entry Level, Dimensions: 13 x 20
  • Dining Room Floor Covering: Wood
  • Great Room: On Entry Level, Dimensions: 20 x 18
  • Great Room Floor Covering: Wood
  • Kitchen: On Entry Level, Dimensions: 16 x 31
  • Kitchen Floor Covering: Wood
  • Laundry: On 2nd Floor, Dimensions: 9 x 7
  • Library Den: On Entry Level, Dimensions: 13 x 13
  • Library Den Floor Covering: Wood
  • Sun Room: On Entry Level, Dimensions: 18 x 12
  • Sun Room Floor Covering: Wood
  • Other Room1: Dimensions: 16x13, On Level: Second
  • Below Grade Sq Ft: 2274
  • Half Bathrooms: 2
  • Above Grade Finished Sq Ft: 4814
  • Total Finished Sq Ft: 4814

Exterior Features

  • Exterior: Stone, Vinyl Siding
  • Exterior Features: Lawn Sprinkler, Patio, Porch, Sidewalks
  • Construction: Incomplete
  • Foundation: Basement
  • Frontage: 150
  • Road: Paved Street

Garage/Parking

  • Garage: Attached Garage, Electric in Garage, Gar Door Opener
  • Garage Spaces: 3
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public At Street
  • Water: Public Water at Street
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 37005040008000
  • Zoning: Residential
  • Lot Dimensions: 150 x 149.44
  • Acreage: 0.52
  • Geo Subdivision: MI
  • Site/Lot Features: Subdivision

Tax Info

  • Summer Tax: Year: 2017
  • Winter Tax: Year: 2017
  • Total Tax: Year: 2017

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Jul 21, 2022
Sold by
Russell Investments Inc
Bought by
Ariss Ralph and Haddad Rita
Seller's Agent
Lisa Russell
Sandy & Associates LLC
Buyer's Agent
Ryan Guty
REALTEAM Real Estate
List Price
$1,255,900
Sold Price
$1,200,000
Premium/Discount to List
-$55,900
-4.45%
Current Estimated Value
$1,266,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,650
Avg. Annual Appreciation
1.11%
Original Mortgage
$1,140,000
Outstanding Balance
$1,074,684
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$167,570

Purchase Details

Listed on
Dec 4, 2016
Closed on
Dec 30, 2016
Sold by
Kiesgen Gregory L
Bought by
Russell Investments Inc
Seller's Agent
Joseph Rich
Coldwell Banker Professionals-GPF
Buyer's Agent
Lisa Russell
List Price
$349,900
Sold Price
$330,000
Premium/Discount to List
-$19,900
-5.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.14%

Purchase Details

Closed on
Jul 14, 1988
Sold by
Peabody Nora M
Bought by
Kiesgen Gregory L
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
Ariss Ralph $1,200,000 Chirco Title Agency
Russell Investments Inc $330,000 None Available
Kiesgen Gregory L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ariss Ralph $1,140,000
Previous Owner Kiesgen Gregory L $9,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2022 07/21/22 Sold $1,200,000 -4.5% $249 / Sq Ft
06/12/2022 06/12/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $1,255,900 +280.6% $261 / Sq Ft
12/30/2016 12/30/16 Sold $330,000 -5.7% --
12/14/2016 12/14/16 Pending -- -- --
12/04/2016 12/04/16 For Sale $349,900 -- --
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 $12,693 $542,300 $0 $0
2024 $12,693 $432,000 $0 $0
2023 $11,378 $334,200 $0 $0
2022 $16,436 $333,400 $0 $0
2021 $20,266 $311,500 $0 $0
2019 $12,975 $193,600 $0 $0
2018 $3,194 $94,200 $0 $0
2017 $5,666 $94,200 $0 $0
2016 $5,767 $94,200 $0 $0
2015 $8,981 $94,200 $0 $0
2013 $8,700 $87,000 $0 $0
2012 -- $87,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50074469

Michigan Multiple Listing Service

APN: 37-005-04-0008-000