NOT LISTED FOR SALE

404 Cloverly Rd Grosse Pointe Farms, MI 48236

Estimated Value: $365,000 - $437,000

4 Beds
2 Baths
1,989 Sq Ft
$197/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $330,000 $166 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,542/month

14 Days on Market

Highlights

  • Marina
  • Access To Lake
  • Cape Cod Architecture
  • Kerby Elementary School Rated A
  • Spa
  • Deck

About This Home

As of June 2022

Charming Farms Cape Cod.

Last Listed By

Lisa Adams

Real Estate One Grosse Pointe License #MISPE-6501284239 Listed on: 05/16/2022

Real Estate One Grosse Pointe

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1939

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 65 x 107.45
  • Fenced Yard

Parking

  • 2 Car Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,989 Sq Ft Home
  • 1.5-Story Property
  • Bay Window
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Basement
  • Block Basement Construction
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Access To Lake
  • Deck

Schools

  • Kerby Elementary School
  • Brownell Middle School
  • G P South High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 38005050053000

Community Details

Overview

  • Grosse Pointe Farms Manor Sub Subdivision

Recreation

  • Marina
  • Tennis Courts
  • Community Playground
  • Community Spa
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,419

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Cape Cod
  • Structure Style: 1 1/2 Story
  • Year Built: 1939
  • Mail City: Grosse Pointe Farms
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Bay Window, Hardwood Floors
  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace, LivRoom Fireplace
  • Basement: Yes
  • Basement: Block
  • Bedrooms: 4
  • Bedroom 1: On 1st Floor, Dimensions: 13 x 10
  • Bedroom 2: On 2nd Floor, Dimensions: 23 x 10
  • Bedroom 3: On 2nd Floor, Dimensions: 13 x 11
  • Bedroom 4: On 2nd Floor, Dimensions: 11 x 11
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 8 x 7, On Level: First
  • Bathroom 2: Dimensions: 5 x 4, On Level: Lower
  • Room Types: First Floor Bedroom, First Flr Primary Bedroom, Basement Full Bath, Eat-In Kitchen, Formal Dining Room
  • Dining Room: On 1st Floor, Dimensions: 13 x 10
  • Family Room: On 1st Floor, Dimensions: 21 x 17
  • Kitchen: On 1st Floor, Dimensions: 12 x 10
  • Living Room: On 1st Floor, Dimensions: 20 x 13
  • Below Grade Sq Ft: 1078
  • Above Grade Finished Sq Ft: 1989
  • Total Finished Sq Ft: 1989

Exterior Features

  • Pool: Yes
  • Exterior: Brick
  • Exterior Features: Deck, Fenced Yard, Spa/Hot Tub
  • Foundation: Basement
  • Frontage: 65
  • Water Features: Lake/River Access

Garage/Parking

  • 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: Central A/C

Condo/Co-op/Association

  • Community Features: Marina, Park, Playground, Pool/Hot Tub, Tennis Courts

Schools

  • Elementary School: Kerby
  • Middle School: Brownell
  • High School: G P South

Lot Info

  • Assessor Parcel Number: 38005050053000
  • Zoning: Residential
  • Lot Dimensions: 65 x 107.45
  • Acreage: 0.16
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $2,610.30
  • Winter Tax: Year: 2021, Amount: $3,808.23
  • Taxable Value: 100951
  • Total Tax: Amount: $6,418.53
  • SEV Year: 2022

MLS Schools

  • Elementary School: Kerby
  • Middle School: Brownell
  • School District: Grosse Pointe Public Schools
  • HighSchool: G P South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Jun 29, 2022
Sold by
Peppier Gary W and Peppier Diane K
Bought by
Hodges Jacob and Shanidze Medea
Seller's Agent
Lisa Adams
Real Estate One Grosse Pointe
Buyer's Agent
Marissa Lee-Cavaliere
Real Estate One Grosse Pointe
List Price
$359,000
Sold Price
$330,000
Premium/Discount to List
-$29,000
-8.08%
Total Days on Market
14
Current Estimated Value
$391,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,724
Avg. Annual Appreciation
6.89%
Original Mortgage
$330,000
Outstanding Balance
$317,462
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$81,540

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
Hodges Jacob $330,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hodges Jacob $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $330,000 -8.1% $166 / Sq Ft
06/02/2022 06/02/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $359,000 -- $180 / 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
2024 $4,444 $172,700 $0 $0
2023 $4,234 $160,600 $0 $0
2022 $5,219 $147,300 $0 $0
2021 $6,419 $135,500 $0 $0
2019 $6,044 $116,600 $0 $0
2018 $2,481 $110,100 $0 $0
2017 $6,440 $107,300 $0 $0
2016 $5,539 $105,400 $0 $0
2015 $8,939 $98,700 $0 $0
2013 $8,660 $86,600 $0 $0
2012 $2,303 $86,600 $26,300 $60,300
Source: Public Records

Agents Affiliated with this Home

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Source: Michigan Multiple Listing Service

MLS Number: 50074471

Michigan Multiple Listing Service

APN: 38-005-05-0053-000