NOT LISTED FOR SALE

342 Ridgemont Rd Unit Bldg-Unit Grosse Pointe Farms, MI 48236

Estimated Value: $413,000 - $516,000

-- Bed
2 Baths
1,361 Sq Ft
$339/Sq Ft Est. Value

About This Home

This home is located at 342 Ridgemont Rd Unit Bldg-Unit, Grosse Pointe Farms, MI 48236 and is currently estimated at $460,867, approximately $338 per square foot. 342 Ridgemont Rd Unit Bldg-Unit is a home located in Wayne County with nearby schools including Kerby Elementary School, Brownell Middle School, and Grosse Pointe South High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2023
Sold by
Mccarron David C and Mccarron Nancy K
Bought by
Joseph Thomas and Joseph Jacqueline
Current Estimated Value
$460,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,600
Outstanding Balance
$335,960
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$130,570

Purchase Details

Closed on
Jul 23, 2018
Sold by
Labut Philip and Baxter Labut Megan
Bought by
Mccarron David C and Mccarron Nancy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2015
Sold by
Wells Charles L
Bought by
Labut Philip and Baxter Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.91%
Mortgage Type
Unknown

Purchase Details

Closed on
May 28, 2015
Sold by
Boyn Elizabeth V
Bought by
Gerald Todd Smigelski Ltj Investment Com
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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 Buyer Sale Price Title Company
Joseph Thomas $440,500 First American Title
Joseph Thomas $440,500 First American Title
Mccarron David C $308,500 Ata Nationaltitle Group Llc
Labut Philip $148,500 Attorney
Gerald Todd Smigelski Ltj Investment Com $75,893 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joseph Thomas J $341,600
Closed Joseph Thomas $341,600
Previous Owner Mccarron David C $213,000
Previous Owner Mccarron David C $168,500
Previous Owner Labut Phillip $152,000
Previous Owner Baxter Megan $150,000
Previous Owner Boynton Elizabeth $92,000
Previous Owner Boynton Richard S $100,000
Source: Public Records

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 $4,696 $178,200 $0 $0
2023 $3,794 $165,700 $0 $0
2022 $7,086 $152,500 $0 $0
2021 $6,694 $140,200 $0 $0
2019 $6,582 $128,400 $0 $0
2018 $2,422 $100,900 $0 $0
2017 $4,201 $98,400 $0 $0
2016 $4,404 $96,600 $0 $0
2015 $10,405 $114,800 $0 $0
2013 $10,080 $100,800 $0 $0
2012 $2,681 $100,800 $27,400 $73,400
Source: Public Records

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