NOT LISTED FOR SALE

362 Mckinley Ave Grosse Pointe Farms, MI 48236

Estimated Value: $484,000 - $566,000

3 Beds
2 Baths
2,052 Sq Ft
$246/Sq Ft Est. Value

Last Sold October 06, 2020

Last sale price $370,000 $180 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,000/month

Highlights

  • Colonial Architecture
  • Recreation Room
  • Sun or Florida Room
  • Richard Elementary School Rated A
  • Wood Flooring
  • 2 Car Detached Garage

About This Home

As of October 2020

Ruggedly refined and move-in ready 3 bed/2.5 bath GPF colonial nestled in prime "M" street locale! Gleaming brand new kitchen with Bosch SS appliances, granite surfaces and extra smart storage. Gorgeous hardwood floors and trim surround freshly painted walls and high end Pella Architect series windows *with transferable warranty* throughout the home. Second floor reveals three large bedrooms and rare TWO FULL baths! Large master suite with full en-suite bath. Bonus sitting room could be 4th bedroom. Other highlights include: maintenance free brick paver patio backyard, three-season room, living room with converted gas fireplace and finished basement rec-room. Gas forced air heat and central ac throughout. Five star walkability to schools, the Hill, the library and the Village. Don't miss your chance to meet this handsome home in person and make it yours!

Last Agent to Sell the Property

Marsha Zeller

Adlhoch & Associates, REALTORS License #MISPE-6501404502 Listed on: 08/19/2020

Last Buyer's Agent

Elizabeth Follis

Sine & Monaghan LLC License #MISPE-6501201549

Sine & Monaghan LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1937

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x114

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Recreation Room
  • Bonus Room
  • Sun or Florida Room

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

  • Sump Pump
  • Block Basement Construction

Location

  • Property is near schools

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 38-010-05-0094-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,281

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Total Tax Amount: 5281
  • Total Tax Year: 2019
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Hardwood Floors, Sump Pump
  • Appliances: Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace, LivRoom Fireplace
  • Basement: Yes
  • Basement: Block, Finished
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 18 x 12
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On 2nd Floor, Dimensions: 16 x 12
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On 2nd Floor, Dimensions: 11 x 10
  • Bedroom 3 Floor Covering: Wood
  • Bathrooms Description: First Flr Lavatory, MstrBdrm Full Bathroom, Second Flr Full Bathroom
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: On Level: Second
  • Bathroom 2: On Level: Second
  • Room Types: Living Room, Lower Level Laundry, Recreation Room, Sun/Florida Room, Master Bedroom, Master Bathroom, Bonus Room
  • Dining Room: On Entry Level, Dimensions: 12 x 12
  • Dining Room Floor Covering: Wood
  • Kitchen: On Entry Level, Dimensions: 12 x 10
  • Kitchen Features: Formal Dining Room
  • Kitchen Floor Covering: Wood
  • Living Room: On Entry Level, Dimensions: 20 x 14
  • Living Room Floor Covering: Wood
  • Sitting Room: On 2nd Floor, Dimensions: 10 x 9
  • Sitting Room Floor Covering: Carpet
  • Sun Room: On Entry Level, Dimensions: 10 x 9
  • Sun Room Floor Covering: Carpet
  • Below Grade Sq Ft: 855
  • Finished Below Grade Sq Ft: 250
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1802
  • Total Finished Sq Ft: 2052

Exterior Features

  • Exterior: Brick
  • Foundation: Basement
  • Frontage: 40

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public At Street
  • Water: Public Water at Street
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Schools

  • Elementary School: Richard
  • Middle School: Brownell
  • High School: South

Lot Info

  • Assessor Parcel Number: 38-010-05-0094-000
  • Location: Walk to School
  • Lot Dimensions: 40x114
  • Acreage: 0.11
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $2,767.00
  • Winter Tax: Year: 2019, Amount: $2,513.00
  • Taxable Value: 104947
  • Total Tax: Year: 2019, Amount: $5,281.00
  • SEV Year: 2020

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Oct 6, 2020
Sold by
Sherry Amy B and Sherry Seth S
Bought by
Drake Caroline C and Drake Kevin C
Seller's Agent
Marsha Zeller
Adlhoch & Associates, REALTORS
Buyer's Agent
Elizabeth Follis
Sine & Monaghan LLC
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%
Current Estimated Value
$505,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,067
Avg. Annual Appreciation
6.46%
Original Mortgage
$296,000
Outstanding Balance
$263,871
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$241,196

Purchase Details

Closed on
Feb 28, 2008
Sold by
Kavanaugh Paul A and Kavanaugh Carol
Bought by
Good Amy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 5, 2004
Sold by
Kavanagh Paul A and Kavanaugh Paul A
Bought by
Kavanaugh Paul A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
3.75%
Mortgage Type
New Conventional
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
Drake Caroline C $370,000 Ata National Title Group Llc
Good Amy B $260,000 Title Source Inc
Kavanaugh Paul A -- Title Source Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drake Kevin C J $296,000
Closed Drake Kevin C J $296,000
Previous Owner Sherry Seth S $197,000
Previous Owner Sherry Seth S $208,000
Previous Owner Sherry Seth S $39,000
Previous Owner Kavanaugh Paul A $145,000
Previous Owner Kavanaugh Paul A $148,000
Previous Owner Kavanaugh Paul A $149,400
Closed Kavanaugh Paul A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2020 10/06/20 Sold $370,000 -1.3% $180 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $375,000 -- $183 / 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
2025 $3,998 $180,700 $0 $0
2024 $3,998 $171,600 $0 $0
2023 $3,809 $158,700 $0 $0
2022 $7,114 $145,900 $0 $0
2021 $6,721 $133,200 $0 $0
2019 $5,280 $129,400 $0 $0
2018 $2,702 $123,000 $0 $0
2017 $4,688 $119,600 $0 $0
2016 $4,914 $117,300 $0 $0
2015 $9,734 $107,400 $0 $0
2013 $9,430 $94,300 $0 $0
2012 $2,508 $94,300 $21,600 $72,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50021097

Michigan Multiple Listing Service

APN: 38-010-05-0094-000