NOT LISTED FOR SALE

505 Thorn Tree Rd Grosse Pointe Woods, MI 48236

Estimated Value: $484,896 - $623,000

5 Beds
2 Baths
3,300 Sq Ft
$162/Sq Ft Est. Value

Last Sold November 01, 2022

Last sale price $395,000 $120 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,574/month

37 Days on Market

Highlights

  • In Ground Pool
  • Cape Cod Architecture
  • Main Floor Bedroom
  • John Monteith Elementary School Rated A-
  • Wood Flooring
  • Formal Dining Room

About This Home

As of November 2022

The 2 "L's", Location & the Lot are paramount to this HOME. Stellar, neighborhood--walking distance to Star of the Sea, Grosse Pointe Equestrian, Barnes Early Childhood Center, and Lake St. Clair. You will love the amazing well manicured lot. Expansive, beautiful front yard with an oversized and very private backyard. Please note, this home offers 2 x-large 1st floor bedrooms. Convenient attached garage. New tear-off roof. Majority of the windows have been replaced. The Kitchen offers eat-in space. Huge living room with a fireplace. Great curb appeal. Finished basement.

Last Agent to Sell the Property

Dino Ricci

Sine & Monaghan LLC License #MISPE-6501280906 Listed on: 09/01/2022

Sine & Monaghan LLC

Last Buyer's Agent

Catherine Harber

@properties Christie's Int'l RE Grosse Pointe License #6501423756

@properties Christie's Int'l RE Grosse Pointe

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1957

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 117x114

Parking

  • 2.5 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Partially Finished Basement

  • Fireplace in Basement
  • Block Basement Construction

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Deeplands Sub 3 G Pte Wds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40-014-03-0266-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,249

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Cape Cod
  • Structure Style: 1 1/2 Story
  • Year Built: 1957
  • Mail City: Grosse Pointe Woods
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplaces: Basement Fireplace, LivRoom Fireplace
  • Basement: Yes
  • Basement: Block, Partially Finished
  • Bedrooms: 5
  • Bedroom 1: On Entry Level, Dimensions: 16 x 12
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Entry Level, Dimensions: 14 x 15
  • Bedroom 2 Floor Covering: Wood
  • Bedroom 3: On 2nd Floor, Dimensions: 18 x 16
  • Bedroom 3 Floor Covering: Wood
  • Bedroom 4: On 2nd Floor, Dimensions: 15 x 11
  • Bedroom 5: On 2nd Floor, Dimensions: 14 x 15
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: On Level: Entry
  • Bathroom 2: On Level: Second
  • Room Types: Family Room, First Floor Bedroom, Formal Dining Room
  • Dining Room: On Entry Level, Dimensions: 11 x 12
  • Dining Room Floor Covering: Carpet
  • Family Room: On Entry Level, Dimensions: 14 x 18
  • Family Room Floor Covering: Carpet
  • Kitchen: On Entry Level, Dimensions: 16 x 12
  • Kitchen Floor Covering: Linoleum
  • Living Room: On Entry Level, Dimensions: 22 x 16
  • Living Room Floor Covering: Carpet
  • Below Grade Sq Ft: 1250
  • Finished Below Grade Sq Ft: 500
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 2800
  • Total Finished Sq Ft: 3300

Exterior Features

  • Pool: Yes
  • Exterior: Brick
  • Exterior Features: Inground Pool, Patio
  • Foundation: Basement
  • Frontage: 117
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage, Electric in Garage
  • Garage Spaces: 2.5
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public At Street
  • Water: Public Water at Street

Lot Info

  • Assessor Parcel Number: 40-014-03-0266-000
  • Lot Dimensions: 117x114
  • Acreage: 0.31
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $5,139.00
  • Winter Tax: Year: 2021, Amount: $3,111.00
  • Taxable Value: 148378
  • Total Tax: Year: 2021, Amount: $8,249.00
  • SEV Year: 2021

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Oct 28, 2022
Sold by
Jones Richard E
Bought by
Mouawad Baraket B and Mouawad Sarah M
Seller's Agent
Dino Ricci
Sine & Monaghan LLC
Buyer's Agent
Catherine Harber
@properties Christie's Int'l RE Grosse Pointe
List Price
$419,900
Sold Price
$395,000
Premium/Discount to List
-$24,900
-5.93%
Current Estimated Value
$534,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,974
Avg. Annual Appreciation
13.41%
Original Mortgage
$195,000
Outstanding Balance
$172,897
Interest Rate
5.21%
Mortgage Type
New Conventional
Estimated Equity
$377,099

Purchase Details

Closed on
Dec 20, 2013
Sold by
Lighton Jack E
Bought by
Lighton Jack E and Jones Richard E

Purchase Details

Listed on
Aug 16, 2012
Closed on
Feb 22, 2013
Sold by
Haller Kurt P and Haller Rita D
Bought by
Lighton Jack
Seller's Agent
Donna O'Keefe
Johnstone & Johnstone
Buyer's Agent
Alex Lucido
Lucido and Associates, Inc
List Price
$258,000
Sold Price
$225,500
Premium/Discount to List
-$32,500
-12.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%
Source: Public Records

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Range of Values:

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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
Mouawad Baraket B $395,000 --
Lighton Jack E -- None Available
Lighton Jack $225,500 Capital Title Ins Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mouawad Baraket B $125,000
Open Mouawad Baraket B $195,000
Previous Owner Jones Richard E $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2022 11/01/22 Sold $395,000 -5.8% $120 / Sq Ft
10/08/2022 10/08/22 Pending -- -- --
09/26/2022 09/26/22 Price Changed $419,500 -0.1% $127 / Sq Ft
09/01/2022 09/01/22 For Sale $419,900 +86.2% $127 / Sq Ft
02/22/2013 02/22/13 Sold $225,500 -12.6% $84 / Sq Ft
01/28/2013 01/28/13 Pending -- -- --
08/16/2012 08/16/12 For Sale $258,000 -- $96 / 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
2024 $7,127 $209,600 $0 $0
2023 $6,867 $200,000 $0 $0
2022 $8,654 $222,500 $0 $0
2021 $8,249 $222,600 $0 $0
2020 $8,494 $209,600 $0 $0
2019 $5,030 $206,500 $0 $0
2018 $4,943 $192,300 $0 $0
2017 $5,744 $185,200 $0 $0
2016 $7,831 $176,200 $0 $0
2015 $13,572 $153,600 $0 $0
2013 $12,570 $125,700 $0 $0
2012 -- $130,000 $35,400 $94,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50088821

Michigan Multiple Listing Service

APN: 40-014-03-0266-000