NOT LISTED FOR SALE

371 Lake Shore Rd Grosse Pointe Farms, MI 48236

Estimated Value: $1,858,657 - $2,248,000

5 Beds
7.5 Baths
6,463 Sq Ft
$313/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $1,755,000 $272 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $12,884/month

18 Days on Market

Highlights

  • 124 Feet of Waterfront
  • In Ground Pool
  • Colonial Architecture
  • Kerby Elementary School Rated A
  • 0.61 Acre Lot
  • 3-minute walk to Pier Park

About This Home

As of May 2022

One of a kind home located in an up-scale prestige neighborhood surrounded by the most beautiful view of Lake St.Clair. Welcoming entryway to this impeccable custom built beauty with over 6000 sq ft of living space. 5 oversized bedrooms & 7 full baths w/ 1 half bath. Captivating high ceilings throughout the first floor. Living room designed for entertaining. Breathtaking chef's kitchen with custom quartz island featuring a built in sink & neutral wood cabinets & innovative design. Lovely three seasons room with a wall of windows to enjoy the water view. Detailed staircase leads you up to the second floor which features an In law suite on the second floor with a private kitchen and full bathroom. Intimate master bedroom includes a Master Suite with a walk-in closet, fireplace, & Jacuzzi bathtub w/ a view. Sun filled in every single corner. Did I mention the ELEVATOR! Backyard is a paradise with an in ground pool, gazebo, & beautiful landscaping

Last Agent to Sell the Property

Sherri Saad

RE/MAX Leading Edge License #6502418620 Listed on: 04/09/2022

RE/MAX Leading Edge

Last Buyer's Agent

Michael J. Fikany

License #6504123062

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1963

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 124.00x215.20
  • 124 Feet of Waterfront
  • Fenced
  • Corner Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 6,463 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • Water Views
  • Finished Basement
  • Fireplace in Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Jetted Tub in Primary Bathroom

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Exterior Lighting
  • Gazebo
  • Porch

Location

  • Ground Level Unit

Utilities

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

Community Details

  • No Home Owners Association
  • Shore Lane Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38004040001000

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,416

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 3 Story
  • Year Built: 1963
  • State Equalized Value: 739000.0000
  • Entry Location: Ground Level
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Elevator/Lift, Jetted Tub, Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Basement, Dining Room, Family Room, Primary Bedroom
  • Room Count: 14
  • Total Bedrooms: 5
  • Total Bathrooms: 7.10
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 8463
  • Sq Ft Lower Floor: 2000
  • Total Sq Ft: 6463
  • Sq Ft Total Bsmt: 2100

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: St. Clair Lake
  • Pool: Yes
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Stone
  • Exterior Features: Lighting, Fenced, Gazebo, Pool - Inground
  • Foundation Materials: Poured
  • Frontage Feet: 124
  • Porch Type: Porch
  • Road Frontage Type: Paved
  • Water Frontage Feet: 124.00
  • Waterfront Description: Across the Road Water Frontage, Water Front
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Door Opener, Side Entrance, Attached
  • 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)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Grosse Pointe

Lot Info

  • Homestead: Yes
  • Lot Features: Corner Lot, Water View
  • Lot Size Area: 0.61
  • Lot Dimensions: 124.00X215.20
  • Parcel Number: 38004040001000

Tax Info

  • Tax Amount Summer: 23429.0000
  • Tax Amount Winter: 16987.0000
  • Total Tax: 40416.0000
  • Taxable Value: 715377.0000

Multi Family

  • Waterfront Features: ACRFRT

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2022
Closed on
May 3, 2022
Sold by
Deephaven Residential Mortgage Trust
Bought by
Riehl James E
Seller's Agent
Sherri Saad
RE/MAX Leading Edge
Buyer's Agent
Michael J. Fikany
Sold Price
$1,755,000
Current Estimated Value
$2,023,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,552
Avg. Annual Appreciation
4.59%
Original Mortgage
$1,404,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2021
Sold by
Knight Arkeisha A
Bought by
Wilmington Savings Fund Society Fsb and Deephaven Residential Mortgage Tr 2020 2

Purchase Details

Listed on
May 1, 2019
Closed on
Dec 11, 2019
Sold by
Monahan Daniel J and Daniel J Monhan Living Trust
Bought by
Knight Arkeisha A
Seller's Agent
Beline Obeid
Beline Obeid Realty
Buyer's Agent
Lanay Harris
C-RED Realty Group, LLC
List Price
$1,999,000
Sold Price
$1,935,000
Premium/Discount to List
-$64,000
-3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.83%
Original Mortgage
$1,644,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2018
Sold by
Stonisch Gloria and Stonisch Mary Susan
Bought by
Monahan Daniel J

Purchase Details

Closed on
May 24, 2004
Sold by
Stonisch Glorie and Stonisch Rudolph
Bought by
Stonisch Glorie
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Riehl James E $1,755,000 Servicelink
Wilmington Savings Fund Society Fsb $1,732,105 None Available
Knight Arkeisha A $1,935,000 Ata National Title Group Llc
Monahan Daniel J -- None Available
Stonisch Glorie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riehl James E $251,500
Previous Owner Riehl James E $1,404,000
Previous Owner Knight Arkeisha A $1,644,750
Previous Owner Puertas Joe $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $1,755,000 -9.3% $272 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
12/11/2019 12/11/19 Sold $1,935,000 -3.2% $230 / Sq Ft
11/14/2019 11/14/19 Pending -- -- --
11/13/2019 11/13/19 For Sale $1,999,000 0.0% $238 / Sq Ft
08/19/2019 08/19/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $1,999,000 -- $238 / 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 $22,303 $1,128,200 $0 $0
2024 $22,303 $922,600 $0 $0
2023 $19,670 $806,000 $0 $0
2022 $19,670 $767,800 $0 $0
2021 $40,416 $739,000 $0 $0
2019 $27,222 $653,400 $0 $0
2018 $13,931 $612,100 $0 $0
2017 $24,172 $598,600 $0 $0
2016 $25,339 $589,500 $0 $0
2015 $50,188 $553,600 $0 $0
2013 $48,620 $486,200 $0 $0
2012 $6,676 $251,000 $162,700 $88,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2220022449

Realcomp

APN: 38-004-04-0001-000