NOT LISTED FOR SALE

502 Glen Arbor Ln Grosse Pointe Woods, MI 48236

Estimated Value: $512,000 - $703,000

4 Beds
4 Baths
2,795 Sq Ft
$210/Sq Ft Est. Value

Last Sold November 21, 2023

Last sale price $435,000 $156 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,905/month

135 Days on Market

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • 2 Car Attached Garage
  • Ferry Elementary School Rated A
  • No HOA
  • Forced Air Heating System

About This Home

As of November 2023

Grosse Point Woods colonial home. Entry foyer with spiral staircase to second floor. Professionally finished basement with lav. Listing Broker to hold EMD. No offers with an escalation clause. Brand new furnace and hot water tank.

Last Agent to Sell the Property

Ronald Simpson

21st Century Elegant Homes License #6502431132 Listed on: 06/15/2023

Last Buyer's Agent

Alexander Rittner

EXP Z Real Estate License #6501416084

EXP Z Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 75.00 x 111.00

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,795 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Yacht Club View Sub No 7 G.Pte Wds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40006130131000

Home Details

Home Type

Single Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1967
  • State Equalized Value: 216500.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 13
  • Total Bedrooms: 4
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 3416
  • Sq Ft Lower Floor: 621
  • Total Sq Ft: 2795
  • Sq Ft Total Bsmt: 1222

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 75
  • Road Frontage Type: Paved
  • Sideof Street: E

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Grosse Pointe

Lot Info

  • Lot Size Area: 0.19
  • Lot Dimensions: 75.00 x 111.00
  • Parcel Number: 40006130131000

Tax Info

  • Tax Amount Summer: 6822.0000
  • Tax Amount Winter: 7226.0000
  • Total Tax: 14048.0000
  • Taxable Value: 199988.0000

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2024
Sold by
Shea Emily and Milbocker Michael
Bought by
Milbocker Michael and Milbocker Emily
Current Estimated Value
$585,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$416,303
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$169,417

Purchase Details

Listed on
Jun 15, 2023
Closed on
Nov 21, 2023
Sold by
Federal Home Loan Mtg Corp
Bought by
Milbocker Michael and Shea Emily
Seller's Agent
Ronald Simpson
21st Century Elegant Homes
Buyer's Agent
Alexander Rittner
EXP Z Real Estate
List Price
$419,900
Sold Price
$435,000
Premium/Discount to List
$15,100
3.6%
Views
226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.19%
Original Mortgage
$413,250
Interest Rate
7.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2023
Sold by
Wylie Emmanuel Quentin
Bought by
El Emmanuel Quentin Wyli

Purchase Details

Closed on
Aug 29, 2022
Sold by
Specialized Loan Servicing Llc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 7, 2022
Sold by
Wayne County
Bought by
Specialized Loan Servicing Llc

Purchase Details

Listed on
May 9, 2017
Closed on
Nov 6, 2017
Sold by
Williams John H and Williams Norah M
Bought by
Dye Jaleesa
Seller's Agent
Cathy Champion
Sine & Monaghan LLC
List Price
$420,000
Sold Price
$372,500
Premium/Discount to List
-$47,500
-11.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%
Original Mortgage
$353,875
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 9, 2017
Closed on
Oct 30, 2017
Sold by
Williams John H and Williams Norah M
Bought by
Dye Jaleesa
Seller's Agent
Cathy Champion
Sine & Monaghan LLC
List Price
$420,000
Sold Price
$372,500
Premium/Discount to List
-$47,500
-11.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,875
Interest Rate
3.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Milbocker Michael -- None Listed On Document
Milbocker Michael -- None Listed On Document
Milbocker Michael $435,000 Colonial Title
El Emmanuel Quentin Wyli -- --
Federal Home Loan Mortgage Corporation -- --
Specialized Loan Servicing Llc $415,746 None Listed On Document
Dye Jaleesa -- None Available
Dye Jaleesa -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milbocker Michael $420,000
Closed Milbocker Michael $420,000
Previous Owner Milbocker Michael $413,250
Previous Owner Dye Jaleesa $353,875
Previous Owner Williams John H $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2023 11/21/23 Sold $435,000 +3.6% $156 / Sq Ft
10/28/2023 10/28/23 Pending -- -- --
10/06/2023 10/06/23 For Sale $419,900 -3.5% $150 / Sq Ft
08/02/2023 08/02/23 Off Market $435,000 -- --
07/27/2023 07/27/23 Price Changed $419,900 -11.8% $150 / Sq Ft
06/15/2023 06/15/23 For Sale $475,900 +27.8% $170 / Sq Ft
10/30/2017 10/30/17 Sold $372,500 -6.6% $109 / Sq Ft
09/21/2017 09/21/17 Pending -- -- --
05/26/2017 05/26/17 Price Changed $399,000 -5.0% $117 / Sq Ft
05/09/2017 05/09/17 For Sale $420,000 -- $123 / Sq Ft
Source: Realcomp

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 $8,643 $273,400 $0 $0
2024 $8,643 $254,200 $0 $0
2023 $7,210 $239,400 $0 $0
2022 $14,048 $216,500 $0 $0
2021 $13,711 $193,600 $0 $0
2020 $13,862 $197,000 $0 $0
2019 $13,832 $196,100 $0 $0
2018 $5,018 $209,000 $0 $0
2017 $5,830 $206,100 $0 $0
2016 $7,949 $208,500 $0 $0
2015 $13,777 $184,400 $0 $0
2013 $14,220 $148,500 $0 $0
2012 -- $147,300 $24,300 $123,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Ronald Simpson

    21st Century Elegant Homes

    (248) 330-3146

    1 in this area

    36 Total Sales

    Ronald Simpson
    Section Image
  • Alexander Rittner

    Buyer's Agent in 2023

    Alexander Rittner

    EXP Z Real Estate

    (586) 315-5480

    1 in this area

    24 Total Sales

    Alexander Rittner
    Section Image
  • Cathy Champion

    Seller's Agent in 2017

    Cathy Champion

    Sine & Monaghan LLC

    (313) 549-0036

    5 in this area

    46 Total Sales

    Cathy Champion
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230048241

Realcomp

APN: 40-006-13-0131-000

Michigan Wayne County Grosse Pointe Woods 48236

502 Glen Arbor Ln, Grosse Pointe Woods, MI

This home is located at 502 Glen Arbor Ln, Grosse Pointe Woods, MI 48236 since 15 June 2023 and is currently estimated at $585,720, approximately $209 per square foot. This property was built in 1967. 502 Glen Arbor Ln is a home located in Wayne County with nearby schools including Ferry Elementary School, Parcells 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.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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