NOT LISTED FOR SALE

408 Lexington Rd Grosse Pointe Farms, MI 48236

Estimated Value: $411,000 - $883,254

1 Bed
1 Bath
1,766 Sq Ft
$405/Sq Ft Est. Value

Last Sold March 11, 2015

Last sale price $85,000 $48 Per Sq Ft

Est. 742% increase in value since last sale

Current estimated payment $4,654/month

58 Days on Market

Highlights

  • Ranch Style House
  • John Monteith Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of March 2015

Cash Only. Value is in the land. Existing house on property needs extensive foundation repair estimated at 75K. **No Interior Showings** Please be aware house is currently occupied. This is a great opportunity to buy a desirable lot in the farms. A stones throw away throw away from the Country Club in Detroit, to build your dream house.

Last Agent to Sell the Property

Burt Smith

Century 21 Town & Country-Ro License #MISPE-6502361294 Listed on: 01/12/2015

Century 21 Town & Country-Ro

Last Buyer's Agent

Burt Smith

Century 21 Town & Country-Ro License #MISPE-6502361294 Listed on: 01/12/2015

Century 21 Town & Country-Ro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,025

Year Built

  • Built in 1949

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 90x120

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,766 Sq Ft Home
  • Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 38001070072002

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,025

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Yes
  • Basement: Block
  • Bedrooms: 1
  • Bedroom 1: On Entry Level, Dimensions: 10 x 12
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Kitchen: On Entry Level, Dimensions: 10 x 12
  • Below Grade Sq Ft: 1761
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1766
  • Total Finished Sq Ft: 1766

Exterior Features

  • Exterior: Brick
  • Foundation: Basement
  • Road: Paved Street

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Assessor Parcel Number: 38001070072002
  • Lot Dimensions: 90x120
  • Acreage: 0.25
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $3,519.00
  • Winter Tax: Amount: $2,477.00

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2021
Sold by
Moran Patrick and Moran Valerie
Bought by
Moran Patrick and Moran Valerie
Current Estimated Value
$715,418

Purchase Details

Closed on
Oct 14, 2016
Sold by
408 Lexington Llc
Bought by
Moran Partick

Purchase Details

Listed on
Jan 12, 2015
Closed on
Mar 11, 2015
Sold by
Vroom Charles Peter and Vroom Charles T
Bought by
408 Lexington Llc
Seller's Agent
Burt Smith
Century 21 Town & Country-Ro
Buyer's Agent
Burt Smith
Century 21 Town & Country-Ro
List Price
$119,900
Sold Price
$85,000
Premium/Discount to List
-$34,900
-29.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.55%

Purchase Details

Closed on
Apr 18, 2002
Sold by
Vroom Charles T
Bought by
Vroom Charles P
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
Moran Patrick -- None Available
Moran Partick $510,000 None Available
408 Lexington Llc $85,000 Title One Inc
Vroom Charles P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moran Patrick $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2015 03/11/15 Sold $85,000 -29.1% $48 / Sq Ft
03/11/2015 03/11/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $119,900 -- $68 / 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 $8,025 $453,600 $0 $0
2023 $7,352 $415,600 $0 $0
2022 $7,352 $379,200 $0 $0
2021 $13,490 $343,100 $0 $0
2019 $13,265 $264,400 $0 $0
2018 $6,789 $252,700 $0 $0
2017 $12,026 $252,700 $0 $0
2016 $4,294 $87,100 $0 $0
2015 $11,448 $126,300 $0 $0
2013 $11,090 $110,900 $0 $0
2012 $2,951 $110,900 $40,100 $70,800
Source: Public Records

Agents Affiliated with this Home

  • Burt Smith

    Seller's Agent in 2015

    Burt Smith

    Century 21 Town & Country-Ro

    (248) 506-6735

    114 Total Sales

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31226019

Michigan Multiple Listing Service

APN: 38-001-07-0072-002

Michigan Wayne County Grosse Pointe Farms 48236

408 Lexington Rd, Grosse Pointe Farms, MI

This home is located at 408 Lexington Rd, Grosse Pointe Farms, MI 48236 since 12 January 2015 and is currently estimated at $715,418, approximately $405 per square foot. This property was built in 1949. 408 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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