NOT LISTED FOR SALE

5 Rathbone Place Grosse Pointe, MI 48230

Grosse Pointe Neighborhood

Estimated Value: $650,000 - $1,650,220

-- Bed
1 Bath
5,589 Sq Ft
$227/Sq Ft Est. Value

About This Home

This home is located at 5 Rathbone Place, Grosse Pointe, MI 48230 and is currently estimated at $1,266,740, approximately $226 per square foot. 5 Rathbone Place is a home located in Wayne County with nearby schools including Richard Elementary School, Brownell Middle School, and Grosse Pointe South High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2023
Sold by
Nicholson Kristin C
Bought by
Nicholson David A
Current Estimated Value
$1,266,740

Purchase Details

Closed on
Jul 18, 2014
Sold by
Cooper Joseph Lewis
Bought by
Jerry Gerald J and Jerry Lisa

Purchase Details

Closed on
Jun 21, 2013
Sold by
Cooper Jill Elizabeth
Bought by
Cooper Joseph Lewis

Purchase Details

Closed on
Apr 10, 2012
Sold by
Fdic
Bought by
The Bank Of New York Mellon Trust Compan

Purchase Details

Closed on
Mar 23, 2012
Sold by
Fdic
Bought by
The Bank Of New York Mellon Trust Compan and Fdic 2011 N1 Asset Trust

Purchase Details

Closed on
Jan 12, 2012
Sold by
Davis Charles S and Davis Susan P
Bought by
Fdic and Lakeside Community Bank

Purchase Details

Closed on
Oct 27, 2005
Sold by
Palms Jeffrey J and Palms Deborah H
Bought by
Cooper J Lewis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$948,000
Interest Rate
5.98%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 23, 1999
Sold by
Kanski Andrea M
Bought by
Davis Charles S

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Nicholson David A -- --
Jerry Gerald J $1,300,000 First American Title Ins Co
Cooper Joseph Lewis -- None Available
The Bank Of New York Mellon Trust Compan -- Etitle
The Bank Of New York Mellon Trust Compan -- Etitle
Fdic $392,821 None Available
Cooper J Lewis $1,185,000 Greco
Davis Charles S $401,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jerry Gerald J $280,000
Previous Owner Jerry Gerald J $1,280,000
Previous Owner Cooper Joseph Lewis $2,000,000
Previous Owner Cooper J Lewis $948,000
Previous Owner Cooper J Lewis $237,000
Source: Public Records

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 $18,212 $688,400 $0 $0
2023 $17,368 $549,200 $0 $0
2022 $31,834 $549,300 $0 $0
2021 $30,994 $509,500 $0 $0
2019 $30,507 $521,800 $0 $0
2018 $15,074 $472,500 $0 $0
2017 $26,188 $467,300 $0 $0
2016 $27,625 $459,900 $0 $0
2015 $43,020 $430,200 $0 $0
2013 $28,600 $312,500 $0 $0
2012 -- $279,300 $0 $0
Source: Public Records

Map

Michigan Wayne County Grosse Pointe 48230 Grosse Pointe

5 Rathbone Place, Grosse Pointe, MI

Homes for Sale in Grosse Pointe, MI

This home is located at 5 Rathbone Place, Grosse Pointe, MI 48230 and is currently estimated at $1,266,740, approximately $226 per square foot. 5 Rathbone Place is a home located in Wayne County with nearby schools including Richard Elementary School, Brownell Middle School, and Grosse Pointe South 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.

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