NOT LISTED FOR SALE

505 Lake Shore Rd Grosse Pointe Shores, MI 48236

Estimated Value: $2,636,000 - $2,900,000

4 Beds
7 Baths
10,321 Sq Ft
$271/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $2,950,000 $286 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $18,831/month

356 Days on Market

Highlights

  • Home Theater
  • Waterfront
  • Deck
  • John Monteith Elementary School Rated A-
  • Cape Cod Architecture
  • Recreation Room

About This Home

As of July 2024

CUSTOM BUILT IN 1999 AND JUST RECENTLY COMPLETELY RE-IMAGINED AND RE-DESIGNED BY Mertz|Casazza WITH NOTHING SHORT OF THE FINEST MATERIALS AND WORKMANSHIP AVAILABLE. THE DESIGN IS STRAIGHT OUT OF ARCHITECTURAL DIGEST W/PATTY BLASER FROM BLASER DESIGN GROUP. THIS HOME IS ON A LEVEL NOT SEEN IN GROSSE POINTE IN DECADES. THE LIST IS ALMOST ENDLESS AND CAN BE SEEN IN ADDTL' DOCS. THIS WATERFRONT ESTATE HOME OFFERS A FIRST FLOOR MASTER SUITE JUST UPDATED LAST MONTH. THE AMENITIES ARE TOO NUMEROUS TO LIST HERE. SEE THE PHOTOS AND VIDEO FOR YOURSELF.

Last Agent to Sell the Property

Alex Lucido

Lucido and Associates, Inc License #MISPE-6502119186 Listed on: 06/13/2023

Last Buyer's Agent

Deborah Caputo

Adlhoch & Associates, REALTORS License #MISPE-6501379445

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1999

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 101x173
  • Waterfront
  • Sprinkler System

Home Design

  • Cape Cod Architecture
  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Bar Fridge
  • Cathedral Ceiling
  • Gas Fireplace
  • Entryway
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Den
  • Recreation Room
  • Sun or Florida Room
  • Home Gym
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 7 Bathrooms

Laundry

  • Laundry on upper level
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Outdoor Kitchen
  • Porch

Schools

  • Monteith Elementary School
  • Gp North High School

Utilities

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

Community Details

  • Woodland Shores Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74-004-11-0066-300

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,876

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Cape Cod, Split Level
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 51876
  • Total Tax Year: 2022
  • Year Built: 1999
  • Mail City: Grosse Pointe Shores
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: 9 ft + Ceilings, Cathedral/Vaulted Ceiling, Elevator/Lift, Hardwood Floors, Walk-In Closet, Wet Bar/Bar, Furnished
  • Appliances: Bar-Refrigerator, Dishwasher, Disposal, Humidifier, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace, Gas Fireplace, Grt Rm Fireplace
  • Basement: Yes
  • Basement: Finished, Full
  • Bedrooms: 4
  • Bedroom 1: On 1st Floor, Dimensions: 17 x 22
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On 2nd Floor, Dimensions: 16 x 18
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On 2nd Floor, Dimensions: 12 x 17
  • Bedroom 3 Floor Covering: Carpet
  • Bedroom 4: On 2nd Floor, Dimensions: 12 x 17
  • Bedroom 4 Floor Covering: Carpet
  • Full Bathrooms: 5
  • Total Bathrooms: 7
  • Bathroom 1: On Level: First, Flooring: Marble
  • Bathroom 2: On Level: Second, Flooring: Marble
  • Bathroom 3: On Level: Second, Flooring: Marble
  • Bathroom 4: On Level: First, Flooring: Ceramic
  • Bathroom 5: On Level: Basement, Flooring: Ceramic
  • Room Types: Den/Study/Lib, Entry, Exercise Room, Family Room, First Floor Bedroom, First Floor Laundry, First Flr Primary Bedroom, Great Room, Home Theater, Recreation Room, Second Floor Laundry, Sun/Florida Room, Basement Full Bath, First Flr Full Bathroom, Second Flr Full Bathroom, Breakfast Nook/Room, Eat-In Kitchen, Formal Dining Room
  • Dining Room: On 1st Floor, Dimensions: 12 x 18
  • Dining Room Floor Covering: Wood
  • Family Room: On 1st Floor, Dimensions: 12 x 16
  • Family Room Floor Covering: Wood
  • Great Room: On 1st Floor, Dimensions: 20 x 30
  • Great Room Floor Covering: Wood
  • Kitchen: On 1st Floor, Dimensions: 16 x 30
  • Kitchen Floor Covering: Wood
  • Laundry: On 1st Floor, Dimensions: 9 x 11
  • Laundry Room Floor Covering: Wood
  • Library Den: On 1st Floor, Dimensions: 16 x 24
  • Library Den Floor Covering: Wood
  • Sitting Room: On 1st Floor, Dimensions: 11 x 15
  • Sitting Room Floor Covering: Wood
  • Other Room 2: Dimensions: 14x27, On Level: Basement, Flooring: Carpet
  • Below Grade Sq Ft: 3955
  • Finished Below Grade Sq Ft: 3400
  • Above Grade Finished Sq Ft: 6921
  • Total Finished Sq Ft: 10321
  • Half Bathrooms: 2

Exterior Features

  • Exterior: Brick
  • Exterior Features: Deck, Lawn Sprinkler, Porch, Outdoor Kitchen
  • Foundation: Basement
  • Frontage: 101
  • Lake Name: Lake St. Clair
  • Road: City/County
  • Water Features: All Sports Lake, Lake Frontage, Water View, Waterfront
  • Waterfront: Yes
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage, Electric in Garage, Gar Door Opener, Direct Access
  • Garage Spaces: 3
  • Garage: Yes

Utilities

  • Heating: Forced Air, Humidifier
  • Heating Fuel: Natural Gas
  • Sewer: Public At Street
  • Water: Public Water at Street
  • Water Heater: Gas
  • Cooling: Central A/C

Schools

  • Elementary School: Monteith
  • High School: GP North

Lot Info

  • Assessor Parcel Number: 74-004-11-0066-300
  • Zoning: Residential
  • Lot Dimensions: 101x173
  • Acreage: 0.4
  • Geo Subdivision: MI
  • Land Contract: Yes

Tax Info

  • Summer Tax: Year: 2022, Amount: $34,865.00
  • Winter Tax: Year: 2022, Amount: $17,011.00
  • Total Tax: Year: 2022, Amount: $51,876.00

MLS Schools

  • Elementary School: Monteith
  • School District: Grosse Pointe Public Schools
  • HighSchool: GP North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2023
Closed on
Jul 1, 2024
Sold by
Laethem Jeffrey and Laethem Alysia
Bought by
Noecker Nicholas and Noecker Danielly
Seller's Agent
Alex Lucido
Lucido and Associates, Inc
Buyer's Agent
Deborah Caputo
Adlhoch & Associates, REALTORS
List Price
$3,390,000
Sold Price
$2,950,000
Premium/Discount to List
-$440,000
-12.98%
Views
2100
Current Estimated Value
$2,796,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$153,187
Avg. Annual Appreciation
-2.13%
Original Mortgage
$750,000
Outstanding Balance
$741,065
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$2,130,505

Purchase Details

Listed on
Mar 19, 2018
Closed on
Dec 7, 2018
Sold by
Cracchiolo Peter T
Bought by
Laethem Jeffrey and Laethem Alysia
Seller's Agent
Alex Lucido
Lucido and Associates, Inc
Buyer's Agent
Alex Lucido
Lucido & Associates, Inc.
List Price
$1,939,000
Sold Price
$1,600,000
Premium/Discount to List
-$339,000
-17.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.61%

Purchase Details

Closed on
Nov 2, 2010
Sold by
Cracchiolo Peter J and Cracchiolo Constance M
Bought by
Cracchiolo Peter J and The Peter J Cracchiolo Trust
Source: Public Records

Range of Values:

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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
Noecker Nicholas -- Chirco Title Agency
Noecker Nicholas -- Chirco Title Agency
Laethem Jeffrey -- None Available
Cracchiolo Peter J -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $2,950,000 -13.0% $286 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $3,390,000 +14.9% $328 / Sq Ft
04/30/2024 04/30/24 Off Market $2,950,000 -- --
03/16/2024 03/16/24 Price Changed $3,390,000 0.0% $328 / Sq Ft
03/15/2024 03/15/24 Price Changed $3,390,000 -2.9% $328 / Sq Ft
03/04/2024 03/04/24 Price Changed $3,490,000 -0.1% $338 / Sq Ft
10/25/2023 10/25/23 Price Changed $3,495,000 -0.1% $339 / Sq Ft
09/26/2023 09/26/23 Price Changed $3,500,000 -6.0% $339 / Sq Ft
09/25/2023 09/25/23 Price Changed $3,725,000 +0.7% $361 / Sq Ft
08/28/2023 08/28/23 Price Changed $3,700,000 -1.3% $358 / Sq Ft
08/12/2023 08/12/23 Price Changed $3,750,000 0.0% $363 / Sq Ft
07/17/2023 07/17/23 Price Changed $3,749,000 0.0% $363 / Sq Ft
06/13/2023 06/13/23 For Sale $3,750,000 +134.4% $363 / Sq Ft
12/07/2018 12/07/18 Sold $1,600,000 -10.6% $158 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
10/31/2018 10/31/18 Price Changed $1,790,000 -5.5% $177 / Sq Ft
10/10/2018 10/10/18 Price Changed $1,894,000 0.0% $188 / Sq Ft
10/01/2018 10/01/18 Price Changed $1,894,500 0.0% $188 / Sq Ft
08/21/2018 08/21/18 Price Changed $1,894,900 0.0% $188 / Sq Ft
07/09/2018 07/09/18 Price Changed $1,895,000 -2.3% $188 / Sq Ft
03/19/2018 03/19/18 For Sale $1,939,000 -- $192 / 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 $48,037 $1,058,500 $0 $0
2024 $48,037 $1,026,200 $0 $0
2023 $48,037 $1,016,500 $0 $0
2022 $48,037 $1,020,800 $0 $0
2021 $48,037 $986,100 $0 $0
2019 $48,905 $904,900 $0 $0
2018 $20,511 $795,300 $0 $0
2017 $20,882 $775,900 $0 $0
2016 $31,033 $822,700 $0 $0
2015 $56,451 $583,100 $0 $0
2013 $54,687 $560,750 $0 $0
2011 -- $606,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alex Lucido

    Seller's Agent in 2024

    Alex Lucido

    Lucido and Associates, Inc

    (313) 268-2000

    18 in this area

    161 Total Sales

    Alex Lucido
    Section Image
  • Deborah Caputo

    Buyer's Agent in 2024

    Deborah Caputo

    Adlhoch & Associates, REALTORS

    (313) 300-0994

    3 in this area

    16 Total Sales

    Deborah Caputo
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50112077

Michigan Multiple Listing Service

APN: 74-004-11-0066-300

Michigan Wayne County Grosse Pointe Shores 48236

505 Lake Shore Rd, Grosse Pointe Shores, MI

This home is located at 505 Lake Shore Rd, Grosse Pointe Shores, MI 48236 since 13 June 2023 and is currently estimated at $2,796,813, approximately $270 per square foot. This property was built in 1999. 505 Lake Shore Rd is a home located in Wayne County with nearby schools including John Monteith 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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