NOT LISTED FOR SALE

342 Ridgemont Rd Grosse Pointe Farms, MI 48236

Estimated Value: $408,000 - $514,000

3 Beds
2 Baths
1,906 Sq Ft
$242/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $440,500 $231 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,839/month

14 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Kerby Elementary School Rated A
  • Bungalow
  • Ceiling Fan

About This Home

As of June 2023

**All showings and inspections must be accompanied by licensed agent** Heart of the Farms completely updated 3 bed, 2 full bath, Bungalow incl. downstairs tear out bath (2019) hardwood and crown moldings throughout, Quartz and stainless kitchen (2017), primary bedroom with ensuite full bath, huge walk in closet, all new three season tiled sunroom, finished basement, furnace/ac (2016), Plantation shutters, new interior doors. Storage space galore throughout. Square footage measured by appraiser 1708.

Last Agent to Sell the Property

Joseph Leto

Real Estate One GPF License #6501374646 Listed on: 05/15/2023

Real Estate One GPF

Last Buyer's Agent

Jack Bertoia

Coldwell Banker Professionals Birm License #6501205743

Coldwell Banker Professionals Birm

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1949

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50.00 x 145.90

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,906 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Beaupre Ridgemont Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38006090011002

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,086

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1949
  • State Equalized Value: 152500.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 2722
  • Sq Ft Lower Floor: 816
  • Total Sq Ft: 1906
  • Sq Ft Total Bsmt: 1089

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Grosse Pointe

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.17
  • Lot Dimensions: 50.00 x 145.90
  • Parcel Number: 38006090011002

Tax Info

  • Tax Amount Summer: 3648.0000
  • Tax Amount Winter: 3438.0000
  • Total Tax: 7086.0000
  • Taxable Value: 137048.0000

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Jun 9, 2023
Sold by
Mccarron David C and Mccarron Nancy K
Bought by
Joseph Thomas and Joseph Jacqueline
Seller's Agent
Joseph Leto
Real Estate One GPF
Buyer's Agent
Jack Bertoia
Coldwell Banker Professionals Birm
List Price
$425,000
Sold Price
$440,500
Premium/Discount to List
$15,500
3.65%
Views
54
Current Estimated Value
$461,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,144
Avg. Annual Appreciation
1.98%
Original Mortgage
$341,600
Outstanding Balance
$334,203
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$126,664

Purchase Details

Listed on
Jun 1, 2018
Closed on
Jul 23, 2018
Sold by
Labut Philip and Baxter Labut Megan
Bought by
Mccarron David C and Mccarron Nancy K
Seller's Agent
Philip Labut
Sine & Monaghan LLC
Buyer's Agent
Joseph Leto
Signature Sotheby's International Realty of GP
List Price
$299,999
Sold Price
$308,500
Premium/Discount to List
$8,501
2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Original Mortgage
$168,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2015
Closed on
Sep 30, 2015
Sold by
Wells Charles L
Bought by
Labut Philip and Baxter Megan
Seller's Agent
Craig Dunlap
Dunlap & Associates, REALTORS
Buyer's Agent
Janessa Thomas
Real Broker Birmingham
List Price
$157,500
Sold Price
$148,500
Premium/Discount to List
-$9,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.24%
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:

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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 $341,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $440,500 +3.6% $231 / Sq Ft
05/29/2023 05/29/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $425,000 +37.8% $223 / Sq Ft
07/26/2018 07/26/18 Sold $308,500 +2.8% $199 / Sq Ft
06/03/2018 06/03/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $299,999 +102.0% $194 / Sq Ft
09/18/2015 09/18/15 Sold $148,500 -5.7% $109 / Sq Ft
05/07/2015 05/07/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $157,500 -- $116 / Sq Ft
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
2025 $4,696 $189,800 $0 $0
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

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230032379

Realcomp

APN: 38-006-09-0011-002