Seller's Agent in 2018
Samuel Abdoo
Abdoo Realty
(313) 920-6318
42 Total Sales
501 Lake Shore Rd Grosse Pointe Shores, MI 48236
5
Beds
6
Baths
7,690
Sq Ft
0.88
Acres
Highlights
- Water Views
- 0.88 Acre Lot
- Corner Lot
- John Monteith Elementary School Rated A-
- Colonial Architecture
- No HOA
About This Home
As of July 2018Spacious, open and unique contemporary Lake Shore home. This renovated and updated 5 bedroom 4.2 bath home is over 7,600 sq ft with spectacular lake views throughout. Large gourmet kitchen with top of the line appliances, marble counters and island with generous eating space. Enjoy both a first and second floor spacious master suite. Massive great room with cathedral ceilings, wet bar and door walls to lake front patio, perfect for entertaining. Basement also offers recreation area with sauna, full bath and wine cellar. Heated three car garage. Private lakefront park for residents.
Home Details
Home Type
- Single Family
Year Built
- Built in 1974
Lot Details
- 0.88 Acre Lot
- Lot Dimensions are 121x316
- Corner Lot
Home Design
- Colonial Architecture
- Contemporary Architecture
- Brick Exterior Construction
- Block Foundation
- Asphalt Roof
Interior Spaces
- 7,690 Sq Ft Home
- 2-Story Property
- Wet Bar
- Bar Fridge
- Great Room with Fireplace
- Living Room with Fireplace
- Water Views
- Partially Finished Basement
Kitchen
- ENERGY STAR Qualified Refrigerator
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
Parking
- 3 Car Attached Garage
- Heated Garage
- Garage Door Opener
Outdoor Features
- Balcony
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Woodland Shores Estates Sub No 3 Subdivision
Listing and Financial Details
- Assessor Parcel Number 74004110040000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 21, 2021
Sold by
Raymond Debates Iii
Bought by
Raymond Debates Iii Revocable Trust
Current Estimated Value
Purchase Details
Closed on
Apr 5, 2021
Sold by
Debates Raymond and Raymond Debates Iiii Revocable
Bought by
Debates Raymond
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,285,900
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 5, 2018
Sold by
Debates Raymond
Bought by
Debates Raymond and The Raymonds Debates Iii Revocable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 9, 2018
Closed on
Jul 30, 2018
Sold by
Sura Corp
Bought by
Raymond Debates Iii Revocable Trust
Seller's Agent
Samuel Abdoo
Abdoo Realty
Buyer's Agent
Matthew Jankowski
List Price
$1,199,000
Sold Price
$1,000,000
Premium/Discount to List
-$199,000
-16.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.73%
Original Mortgage
$750,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Listed on
Jul 10, 2015
Closed on
Aug 6, 2015
Sold by
Berman Lynn and Berman Nick Wesley
Bought by
Sura Corp
Seller's Agent
Alex Lucido
Lucido and Associates, Inc
Buyer's Agent
Alex Lucido
Lucido and Associates, Inc
List Price
$995,000
Sold Price
$750,000
Premium/Discount to List
-$245,000
-24.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | Servicelink | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | Ata National Title Group Llc | |
| Fiduciary Deed | $750,000 | Greco Title Agency Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,285,900 | New Conventional | |
| Previous Owner | $750,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2018 07/30/18 | Sold | $1,000,000 | -16.6% | $130 / Sq Ft |
| 07/20/2018 07/20/18 | Pending | -- | -- | -- |
| 07/14/2018 07/14/18 | For Sale | $1,199,000 | 0.0% | $156 / Sq Ft |
| 07/13/2018 07/13/18 | Pending | -- | -- | -- |
| 07/09/2018 07/09/18 | For Sale | $1,199,000 | +59.9% | $156 / Sq Ft |
| 08/10/2015 08/10/15 | Sold | $750,000 | -24.6% | $97 / Sq Ft |
| 07/31/2015 07/31/15 | Pending | -- | -- | -- |
| 07/10/2015 07/10/15 | For Sale | $995,000 | -- | $129 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $52,341 | $894,800 | $0 | $0 |
| 2024 | $52,341 | $878,500 | $0 | $0 |
| 2023 | $52,341 | $797,500 | $0 | $0 |
| 2022 | $52,341 | $802,800 | $0 | $0 |
| 2021 | $52,341 | $785,900 | $0 | $0 |
| 2019 | $41,679 | $771,200 | $0 | $0 |
| 2018 | $27,502 | $782,100 | $0 | $0 |
| 2017 | $46,641 | $769,800 | $0 | $0 |
| 2016 | $51,029 | $764,800 | $0 | $0 |
| 2015 | $71,793 | $741,600 | $0 | $0 |
| 2013 | $69,550 | $713,160 | $0 | $0 |
| 2011 | -- | $771,820 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Samuel Abdoo
-
Matthew Jankowski
Buyer's Agent in 2018
Matthew Jankowski
(313) 995-3587
5 in this area
64 Total Sales
-
Alex Lucido
Seller's Agent in 2015
Alex Lucido
Lucido and Associates, Inc
(313) 268-2000
18 in this area
161 Total Sales
Map
Source: Realcomp
MLS Number: 218063004
APN: 74-004-11-0040-000
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