$1,600,000
SOLD DEC 7, 2018

505 Lake Shore Rd Grosse Pointe Shores, MI 48236

4 Beds
4 Baths
10,100 Sq Ft
0.38 Acres

Recently Sold

$158 Per Sq Ft

17% Below List Price

Highlights

  • Waterfront
  • Cape Cod Architecture
  • Bar Fridge
  • John Monteith Elementary School Rated A-
  • Wood Flooring
  • Porch

About This Home

As of July 2024

**EXCEPTIONAL WATERFRONT HOME W/EVERY AMENITY IMAGINABLE** BUILT IN 1999, THIS CUSTOM HOME BOASTS PANORAMIC VIEWS OF LAKE ST. CLAIR FROM MOST EVERY ROOM. 1st FLOOR MASTER SUITE W/HIS & HER WIC'S, & LUXURIOUS BATH. ELEVATOR FROM BASEMENT TO SECOND FLOOR, 12' CEILINGS ON THE FIRST FLOOR WITH CUSTOM WOODWORK AND MOLDINGS. 3 ADDITIONAL BEDROOMS UP, EACH WITH THEIR OWN FULL BATH AND WIC'S. THE FINISHED BASEMENT BOASTS 4,000 SQ. FT. WITH ROOM TO DO ANYTHING YOU DESIRE. ADD TO THAT A WHOLE HOUSE GENERATOR AND 3-CAR REAR ATT. GARAGE. A 1st & 2ND FLOOR LAUNDRY ARE JUST OF THE FEW OF THE EXTRAS YOU WILL FIND IN THIS CLASSIC AND WELL DESIGNED HOME!

Last Agent to Sell the Property

Alex Lucido

Lucido and Associates, Inc License #MISPE-6502119186 Listed on: 03/19/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1999

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 101x173
  • Waterfront

Parking

  • 3 Car Attached Garage

Home Design

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

Interior Spaces

  • 1.5-Story Property
  • Elevator
  • Wet Bar
  • Sound System
  • Bar Fridge
  • Ceiling height of 9 feet or more
  • Window Treatments
  • Great Room with Fireplace
  • Home Security System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Eco-Friendly Details

  • Air Cleaner

Outdoor Features

  • Patio
  • Porch

Utilities

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

Community Details

  • Woodland Shores Estates Sub 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74004110066300

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,033

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: 31033
  • Total Tax Year: 2017
  • Year Built: 1999
  • Mail City: Grosse Pointe Shores
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: 9 ft + Ceilings, Elevator/Lift, Hardwood Floors, Security System, Sound System, Sump Pump, Walk-In Closet, Wet Bar/Bar, Window Treatment(s)
  • Appliances: Air Cleaner, Bar-Refrigerator, Dishwasher, Disposal, Dryer, Humidifier, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: Grt Rm Fireplace, Natural Fireplace
  • Basement: Yes
  • Basement: Finished, Full, Sump Pump
  • Bedrooms: 4
  • Bedroom 1: On Entry Level, Dimensions: 15 x 22
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On 2nd Floor, Dimensions: 16 x 19
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On 2nd Floor, Dimensions: 13 x 17
  • Bedroom 3 Floor Covering: Carpet
  • Bedroom 4: On 2nd Floor, Dimensions: 13 x 17
  • Bedroom 4 Floor Covering: Carpet
  • Full Bathrooms: 4
  • Total Bathrooms: 7
  • Below Grade Bedrooms: 1
  • Bathroom 1: Dimensions: 10 x 12, On Level: First
  • Bathroom 2: Dimensions: 4 x 6, On Level: Second
  • Dining Room: On 1st Floor, Dimensions: 15 x 22
  • Dining Room Floor Covering: Wood
  • Great Room: On 1st Floor, Dimensions: 20 x 20
  • Great Room Floor Covering: Wood
  • Kitchen: On 1st Floor, Dimensions: 20 x 24
  • Kitchen Floor Covering: Wood
  • Laundry: On 1st Floor, Dimensions: 10 x 10
  • Laundry Room Floor Covering: Ceramic
  • Library Den: On 1st Floor, Dimensions: 16 x 26
  • Library Den Floor Covering: Wood
  • Other Room1: Dimensions: 6x7, On Level: First, Flooring: Ceramic
  • Below Grade Sq Ft: 4000
  • Finished Below Grade Sq Ft: 3500
  • Half Bathrooms: 2
  • Above Grade Finished Sq Ft: 6600
  • Total Finished Sq Ft: 10100

Exterior Features

  • Exterior: Brick, Stone
  • Exterior Features: Patio, Porch
  • Foundation: Basement
  • Frontage: 101
  • Lake Name: Lake St. Clair
  • Water Features: All Sports Lake, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 3
  • Garage: Yes

Utilities

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

Lot Info

  • Assessor Parcel Number: 74004110066300
  • Lot Dimensions: 101x173
  • Acreage: 0.38
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2017, Amount: $19,439.00
  • Winter Tax: Year: 2017, Amount: $11,595.00
  • Total Tax: Year: 2017, Amount: $31,033.00
  • SEV Year: 2017

MLS Schools

  • School District: Grosse Pointe Public Schools

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
-2.22%
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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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 Type Sale Price Title Company
Warranty Deed -- Chirco Title Agency
Warranty Deed -- Chirco Title Agency
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 New Conventional
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

    162 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: 31342574

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 and is currently priced at $1,600,000, approximately $158 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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