NOT LISTED FOR SALE

507 Lake Shore Rd Grosse Pointe Shores, MI 48236

Estimated Value: $1,268,000 - $1,602,000

0.66 Acre
$2,213,965 Price per Acre
28,750 Sq Ft Lot

Last Sold May 08, 2015

Last sale price $630,000

Est. 132% increase in value since last sale

Current estimated payment $10,805/month

278 Days on Market

Highlights

  • Marina
  • Waterfront
  • Tennis Courts
  • John Monteith Elementary School Rated A-
  • 0.66 Acre Lot
  • Park

About This Lot

As of May 2015

Build the custom home of your dreams on this private lot with 110 feet of lake frontage and picturesque views of Lake St. Clair. Conveniently located twenty minutes from Detroit's entertainment and business districts, this is the ideal location in the heart of Grosse Pointe. Walk or Bike to The Hill, The Village, the Grosse Pointe Yacht Club and the residents only waterfront Grosse Pointe Shores Park.

Last Agent to Sell the Property

Kammy Miller

J. C. Miller Real Estate, LLC License #MISPE-6502417850 Listed on: 06/25/2014

Last Buyer's Agent

Kammy Miller

J. C. Miller Real Estate, LLC License #MISPE-6502417850 Listed on: 06/25/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 110x262
  • Waterfront
  • Many Trees

Community Details

  • Marina
  • Tennis Courts
  • Community Playground
  • Park

Listing and Financial Details

  • Assessor Parcel Number 74 004 11 0065 300

Property Details

Property Type

Land

Est. Annual Taxes

$12,799

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: VACANT LAND
  • Type Of Property: Vacant Land / Dockominium
  • Style: Vacant Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 110
  • Lake Name: Lake St. Clair
  • Water Features: Lake Frontage, Water View
  • Waterfront: Yes
  • Roads: City/County, Curbed

Utilities

  • Water: Public Water
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Community Amenities: Marina, Park, Playground, Sidewalks, Street Lights, Tennis Courts

Schools

  • School District: Grosse Pointe Public Schools

Lot Info

  • Assessor Parcel Number: 74 004 11 0065 300
  • Acreage: 0.66
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft., Treed
  • Zoning: Residential
  • Lot Size: 110X262
  • Survey On File: Yes
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2013, Amount: $6,773.75
  • Winter Tax: Year: 2013, Amount: $6,025.06
  • Total Tax: Year: 2013, Amount: $12,798.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2019
Sold by
Meade Deborah Fisher
Bought by
The Deborah Fisher Meade Trust
Current Estimated Value
$1,461,217

Purchase Details

Listed on
Jun 25, 2014
Closed on
May 8, 2015
Sold by
A W Miller Inc
Bought by
Meade Deborah A Fisher
Seller's Agent
Kammy Miller
J. C. Miller Real Estate, LLC
Buyer's Agent
Kammy Miller
J. C. Miller Real Estate, LLC
List Price
$725,000
Sold Price
$630,000
Premium/Discount to List
-$95,000
-13.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%

Purchase Details

Closed on
Feb 19, 2015
Sold by
Miller John C and Miller Karen A
Bought by
A W Miller Inc

Purchase Details

Closed on
Aug 5, 2005
Sold by
Sciturro Michael A
Bought by
Miller John C
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
The Deborah Fisher Meade Trust -- None Available
Meade Deborah A Fisher -- E Title Agency Inc
A W Miller Inc -- Etitle Agency Inc
Miller John C -- Greco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller John C $200,000
Previous Owner Sciturro Michael A $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2015 05/08/15 Sold $630,000 -13.1% --
03/30/2015 03/30/15 Pending -- -- --
06/25/2014 06/25/14 For Sale $725,000 -- --
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 $31,974 $770,000 $0 $0
2023 $31,974 $695,100 $0 $0
2022 $31,974 $696,300 $0 $0
2021 $31,974 $673,700 $0 $0
2019 $32,552 $670,200 $0 $0
2018 $20,683 $588,200 $0 $0
2017 $21,266 $578,900 $0 $0
2016 $16,070 $293,200 $0 $0
2015 $20,984 $216,800 $0 $0
2013 -- $208,450 $0 $0
2011 -- $225,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31200741

Michigan Multiple Listing Service

APN: 74-004-11-0065-300