NOT LISTED FOR SALE

407 Lexington Rd Grosse Pointe Farms, MI 48236

Estimated Value: $376,400 - $400,000

3 Beds
3 Baths
1,540 Sq Ft
$254/Sq Ft Est. Value

Last Sold February 06, 2017

Last sale price $230,000 $149 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,476/month

1 Day on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System
  • John Monteith Elementary School Rated A-
  • Attic Fan
  • 2 Car Garage

About This Home

As of February 2017

VERY NICE WELL KEPT BRICK RANCH HOME WITH TWO CAR ATTACHED GARAGE IN DESIRABLE NEIGHBORHOOD. LARGE BACKYARD WITH PATIO FOR OUTDOOR ACTIVITIES. SPACIOUS BASEMENT. HOUSE BEING SOLD IN "AS IS" CONDITION. SUBJECT TO PRO-BATE COURT APPROVAL. PURCHASER TO PAY $295.00 ADMINISTRATIVE FEE TO LISTING COMPANY AT CLOSING.

Last Agent to Sell the Property

Schylbea Hopkins

A Star National Realty License #6501129511 Listed on: 12/29/2016

Last Buyer's Agent

Robert Lucas

License #6501320518

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1951

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 86.00x120.00

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,540 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Attic Fan
  • Unfinished Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Colonial Farms Sub No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38001070136002

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,761

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 1.20
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Range/Stove
  • Sq Ft Combined: 1540
  • Total Sq Ft: 1540
  • Sq Ft Total Bsmt: 1090

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 86
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Attic Fan
  • Heating: Forced Air
  • Sewer: Sewer at Street, Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Grosse Pointe

Lot Info

  • Homestead: Yes
  • List Price per Acre: 916666.6667
  • Lot Size Area: 0.24
  • Lot Dimensions: 86.00X120.00
  • Parcel Number: 38001070136002

Tax Info

  • Tax Amount Summer: 2049.0000
  • Tax Amount Winter: 1712.0000
  • Total Tax: 3761.0000

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2017
Sold by
Petz Marin X and Petz Joanne D
Bought by
Petz Marin X
Current Estimated Value
$390,600

Purchase Details

Listed on
Dec 29, 2016
Closed on
Feb 6, 2017
Sold by
Jordan Teri A
Bought by
Petz Martin X
Seller's Agent
Schylbea Hopkins
A Star National Realty
Buyer's Agent
Robert Lucas
List Price
$220,000
Sold Price
$230,000
Premium/Discount to List
$10,000
4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%
Original Mortgage
$229,187
Interest Rate
10%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 3, 2010
Sold by
Dougherty Jon E and Dougherty Joan M
Bought by
Hayes Frederick Earl and Probate Case #07-720650-Ca
Source: Public Records

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Range of Values:

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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
Petz Marin X -- None Available
Petz Martin X $230,000 None Available
Hayes Frederick Earl $142,500 Greco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petz Martin X $256,300
Closed Petz Martin X $100,000
Closed Petz Martin X $229,187
Previous Owner Dougherty Jon E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2017 02/06/17 Sold $230,000 +4.5% $149 / Sq Ft
12/30/2016 12/30/16 Pending -- -- --
12/29/2016 12/29/16 For Sale $220,000 -- $143 / 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
2024 $3,601 $180,200 $0 $0
2023 $3,299 $166,600 $0 $0
2022 $3,299 $150,800 $0 $0
2021 $6,054 $138,300 $0 $0
2019 $5,953 $118,700 $0 $0
2018 $3,046 $113,400 $0 $0
2017 $3,733 $110,800 $0 $0
2016 $3,914 $109,100 $0 $0
2015 $7,752 $85,500 $0 $0
2013 $7,510 $75,100 $0 $0
2012 $1,997 $75,100 $38,400 $36,700
Source: Public Records

Agents Affiliated with this Home

  • Schylbea Hopkins

    Seller's Agent in 2017

    Schylbea Hopkins

    A Star National Realty

    (313) 433-5969

    56 Total Sales

    Schylbea Hopkins
    Section Image
  • Robert Lucas

    Buyer's Agent in 2017

    Robert Lucas

    (313) 347-7740

    3 in this area

    8 Total Sales

    Robert Lucas
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 216118766

Realcomp

APN: 38-001-07-0136-002

Michigan Wayne County Grosse Pointe Farms 48236

407 Lexington Rd, Grosse Pointe Farms, MI

This home is located at 407 Lexington Rd, Grosse Pointe Farms, MI 48236 since 29 December 2016 and is currently estimated at $390,600, approximately $253 per square foot. This property was built in 1951. 407 Lexington Rd is a home located in Wayne County with nearby schools including John Monteith Elementary School, Brownell Middle School, and Grosse Pointe North High School.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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