NOT LISTED FOR SALE

478 Lincoln Rd Grosse Pointe, MI 48230

Estimated Value: $820,000 - $1,049,000

5 Beds
3 Baths
3,400 Sq Ft
$271/Sq Ft Est. Value

Last Sold August 31, 2015

Last sale price $427,000 $126 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $5,856/month

176 Days on Market

Highlights

  • Marina
  • Colonial Architecture
  • Fenced Yard
  • Richard Elementary School Rated A
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of August 2015

SHORT SALE APPROVED AT $427,000!!! REDUCED OVER $150,000 FROM ORIGINAL LISTING PRICE-BEST BUY ON MARKET-PERFECT CONDITION. PRICED FAR BELOW MARKET VALUE, OWNERS HAVE MOVED. Great location around the corner from G.P. South!! All bathrooms updated, walk-in closets, family room features Chevron wood built-ins, renovated kitchen-spotless, new mud room, basement recreation room, multiple fireplaces, attached garage, courtyard entry, great backyard. Never have to drive your child to school!! SPOTLESS!! GREAT CONDITION!! SUBJECT TO SHORT SALE APPROVAL BY BANK.

Last Agent to Sell the Property

James Saros

Jim Saros Real Estate Services License #MISPE-6502109281 Listed on: 01/22/2015

Jim Saros Real Estate Services

Last Buyer's Agent

James Saros

Jim Saros Real Estate Services License #MISPE-6502109281 Listed on: 01/22/2015

Jim Saros Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1928

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 60 x 165
  • Fenced Yard

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Community Sewer or Septic

Additional Features

  • Patio
  • Property is near schools

Community Details

  • Marina

Listing and Financial Details

  • Assessor Parcel Number 37003070330000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,625

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Total Tax Amount: 8625.1
  • Total Tax Year: 2014
  • Year Built: 1928
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Fireplaces: Basement Fireplace, FamRoom Fireplace, LivRoom Fireplace, Natural Fireplace
  • Basement: Yes
  • Basement: Finished, Full
  • Bedrooms: 5
  • Bedroom 1: On 2nd Floor, Dimensions: 22 x 15
  • Bedroom 2: On 2nd Floor, Dimensions: 15 x 14
  • Bedroom 3: On 2nd Floor, Dimensions: 18 x 9
  • Bedroom 4: On 2nd Floor, Dimensions: 12 x 8
  • Bedroom 5: On 2nd Floor, Dimensions: 16 x 11
  • Bathrooms Description: First Flr Lavatory, MstrBdrm Full Bathroom
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Dining Room: On 1st Floor, Dimensions: 13 x 13
  • Family Room: On 1st Floor, Dimensions: 14 x 13
  • Kitchen: On 1st Floor, Dimensions: 24 x 13
  • Kitchen Features: Eat-In Kitchen, Formal Dining Room
  • Living Room: On 1st Floor, Dimensions: 28 x 14
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 3400
  • Total Finished Sq Ft: 3400

Exterior Features

  • Exterior: Brick
  • Exterior Features: Fenced Yard, Patio
  • Foundation: Basement
  • Frontage: 60
  • Road: Paved Street

Garage/Parking

  • Garage: Attached Garage, Electric in Garage, Gar Door Opener
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air, Hot Water, Steam
  • Heating Fuel: Natural Gas
  • Sewer: Community, Public Sanitary, Public At Street
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Condo/Co-op/Association

  • Community Features: Marina, Sidewalks, Street Lights

Schools

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

Lot Info

  • Assessor Parcel Number: 37003070330000
  • Zoning: Residential
  • Location: Walk to School
  • Lot Description: Deep Lot - 150+ Ft.
  • Lot Dimensions: 60 X 165
  • Acreage: 0.23
  • Map Side Numeric: 04
  • Map Top Alpha: AJ
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2014, Amount: $5,295.22
  • Winter Tax: Year: 2014, Amount: $3,329.88
  • Total Tax: Year: 2014, Amount: $8,625.10

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2025
Sold by
Pappas Athina and Pappas George
Bought by
George Litsas Revocable Trust and Pappas
Current Estimated Value
$917,419

Purchase Details

Closed on
Apr 7, 2021
Sold by
Pappas Athina
Bought by
Pappas Athina and Litsas George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 22, 2015
Closed on
Aug 28, 2015
Sold by
Klunder James and Klunder Alisha
Bought by
Pappas Athina
Seller's Agent
James Saros
Jim Saros Real Estate Services
Buyer's Agent
James Saros
Jim Saros Real Estate Services
List Price
$499,000
Sold Price
$427,000
Premium/Discount to List
-$72,000
-14.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%
Original Mortgage
$341,600
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2015
Sold by
Klunder James and Klunder Alisha
Bought by
Klunder James

Purchase Details

Closed on
Apr 25, 2005
Sold by
Weber Mark R and Weber Judy S
Bought by
Klunder James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
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
George Litsas Revocable Trust -- None Listed On Document
George Litsas Revocable Trust -- None Listed On Document
Pappas Athina -- Embassy Title Agency
Pappas Athina $427,000 Chirco Title Agency Inc
Klunder James -- Attorney
Klunder James -- Title Source Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pappas Athina $240,000
Previous Owner Pappas Athina $341,600
Previous Owner Klunder James $487,200
Previous Owner Klunder James $76,000
Previous Owner Klunder James $440,000
Previous Owner Klunder James $110,000
Previous Owner Weber Mark R $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2015 08/31/15 Sold $427,000 -14.4% $126 / Sq Ft
07/17/2015 07/17/15 Pending -- -- --
01/22/2015 01/22/15 For Sale $499,000 -- $147 / 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 $10,282 $411,800 $0 $0
2024 $10,282 $422,500 $0 $0
2023 $9,805 $374,500 $0 $0
2022 $14,191 $349,500 $0 $0
2021 $13,456 $345,900 $0 $0
2019 $13,976 $313,900 $0 $0
2018 $8,510 $281,200 $0 $0
2017 $8,984 $277,700 $0 $0
2016 $12,808 $247,200 $0 $0
2015 $17,726 $239,000 $0 $0
2013 $17,172 $180,700 $0 $0
2012 -- $167,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31227346

Michigan Multiple Listing Service

APN: 37-003-07-0330-000