NOT LISTED FOR SALE

475 Lexington Rd Grosse Pointe Farms, MI 48236

Estimated Value: $428,000 - $468,912

3 Beds
2 Baths
3,015 Sq Ft
$147/Sq Ft Est. Value

Last Sold October 16, 2017

Last sale price $278,000 $92 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,694/month

Highlights

  • Recreation Room
  • Ranch Style House
  • Fenced Yard
  • John Monteith Elementary School Rated A-
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of October 2017

Wonderful brick ranch with 3 bedrooms 2 full baths. Flagstone slate entrance foyer, newer kitchen with all appliances, granite counters and eating space. Oak floors throughout. Living room and dining room with vaulted ceiling, natural fireplace. Walk out to covered patio and into a serene and private back yard with raised garden and sprinkling system. Master bedroom with beautiful new master bath and loads of closets. Finished basement with wet bar, recreation room, lav and loads of storage & laundry room. 2 car attached garage and more!

Last Agent to Sell the Property

Lewis Gazoul

Real Estate One Grosse Pointe License #MISPE-6506043731 Listed on: 09/11/2017

Real Estate One Grosse Pointe

Last Buyer's Agent

Davinder Sohi

Sohi Realty LLC License #RCO-6501354807

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 88 x 120
  • Fenced Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Wet Bar
  • Ceiling height of 9 feet or more
  • Bay Window
  • Family Room
  • Living Room with Fireplace
  • Recreation Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Colonial Farms Sub 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38-001-07-0104-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,820

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type: 1 to 4 Units
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 4820
  • Total Tax Year: 2016
  • Year Built: 1950
  • Mail City: Grosse Pointe Farms
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: 9 ft + Ceilings, Bay Window, Hardwood Floors, Wet Bar/Bar
  • Appliances: Dishwasher, Disposal, Range/Oven
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace
  • Basement: Yes
  • Basement: Block, Finished, Full
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 16 x 12
  • Bedroom 2: On 1st Floor, Dimensions: 14 x 12
  • Bedroom 3: On 1st Floor, Dimensions: 11 x 12
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Below Grade Bathroom: 1
  • Below Grade Bedrooms: 1
  • Room Types: Family Room, First Floor Bedroom, First Flr Primary Bedroom, Living Room, Recreation Room
  • Family Room: On 1st Floor, Dimensions: 14 x 9
  • Kitchen: On 1st Floor, Dimensions: 17 x 8
  • Living Room: On 1st Floor, Dimensions: 27 x 13
  • Below Grade Sq Ft: 1500
  • Finished Below Grade Sq Ft: 1300
  • Above Grade Finished Sq Ft: 1715
  • Total Finished Sq Ft: 3015

Exterior Features

  • Exterior: Brick
  • Exterior Features: Fenced Yard, Patio, Sidewalks
  • Foundation: Basement
  • Frontage: 88
  • Road: Paved Street

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Parking: 2 Spaces, Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 38-001-07-0104-002
  • Zoning: Residential
  • Lot Dimensions: 88 x 120
  • Acreage: 0.24
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2016, Amount: $2,524.00
  • Winter Tax: Year: 2016, Amount: $2,296.00
  • Total Tax: Year: 2016, Amount: $4,820.00

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2017
Closed on
Oct 16, 2017
Sold by
Parravano Louis D and Parravano Olivia R
Bought by
Mageau Michael
Seller's Agent
Lewis Gazoul
Real Estate One Grosse Pointe
Buyer's Agent
Davinder Sohi
Sohi Realty LLC
List Price
$278,000
Sold Price
$278,000
Current Estimated Value
$443,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,228
Avg. Annual Appreciation
6.03%
Original Mortgage
$250,200
Outstanding Balance
$208,987
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$234,241

Purchase Details

Closed on
Jun 10, 2011
Sold by
Amato Jeffrey A and Amato Pamela
Bought by
Parravano Louis D and Parravano Olivia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2004
Sold by
Rodriguez Nancy R
Bought by
Amato Jeffrey A
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
Mageau Michael $278,000 None Available
Parravano Louis D $172,500 Greco
Amato Jeffrey A $300,000 Htc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mageau Michael $250,200
Previous Owner Parravano Louis D $138,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2017 10/16/17 Sold $278,000 0.0% $92 / Sq Ft
09/15/2017 09/15/17 Pending -- -- --
09/11/2017 09/11/17 For Sale $278,000 -- $92 / 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 $4,131 $221,500 $0 $0
2024 $4,131 $200,300 $0 $0
2023 $3,936 $184,800 $0 $0
2022 $7,352 $167,200 $0 $0
2021 $6,945 $155,300 $0 $0
2019 $6,829 $137,400 $0 $0
2018 $3,495 $130,100 $0 $0
2017 $4,599 $127,000 $0 $0
2016 $4,821 $124,900 $0 $0
2015 $9,548 $105,300 $0 $0
2013 $9,250 $92,500 $0 $0
2012 $2,811 $105,700 $37,500 $68,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31330523

Michigan Multiple Listing Service

APN: 38-001-07-0104-002