NOT LISTED FOR SALE

509 University Place Grosse Pointe, MI 48230

Grosse Pointe Neighborhood

Estimated Value: $693,000 - $852,000

-- Bed
1 Bath
2,841 Sq Ft
$267/Sq Ft Est. Value

About This Home

This home is located at 509 University Place, Grosse Pointe, MI 48230 and is currently estimated at $757,249, approximately $266 per square foot. 509 University Place is a home located in Wayne County with nearby schools including Lewis Maire Elementary School, Pierce Middle School, and Grosse Pointe South High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2017
Sold by
Backman Michael
Bought by
Backman Michael
Current Estimated Value
$757,249

Purchase Details

Closed on
Sep 9, 2014
Sold by
Backman Jennifer
Bought by
Backman Michael

Purchase Details

Closed on
Feb 2, 2004
Sold by
Bryan Gage Jane W and Bryan Melvin Iii
Bought by
Backman Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 1998
Sold by
Gage Jane W
Bought by
Gage Jane W

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Backman Michael -- None Available
Backman Michael -- None Available
Backman Michael -- First Title Corporation
Gage Jane W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Backman Michael $361,900
Closed Backman Michael $400,000
Closed Backman Michael $185,000
Closed Backman Michael $201,000
Closed Backman Michael $150,000
Closed Backman Michael $329,800
Closed Backman Michael $332,000
Source: Public Records

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 $6,189 $375,300 $0 $0
2023 $5,902 $332,800 $0 $0
2022 $8,542 $310,600 $0 $0
2021 $8,099 $307,400 $0 $0
2019 $8,412 $277,900 $0 $0
2018 $5,122 $249,000 $0 $0
2017 $5,408 $245,800 $0 $0
2016 $7,709 $218,900 $0 $0
2015 $14,619 $211,600 $0 $0
2013 $14,162 $148,700 $0 $0
2012 -- $138,300 $0 $0
Source: Public Records

Map

Michigan Wayne County Grosse Pointe 48230 Grosse Pointe

509 University Place, Grosse Pointe, MI

Homes for Sale in Grosse Pointe, MI

This home is located at 509 University Place, Grosse Pointe, MI 48230 and is currently estimated at $757,249, approximately $266 per square foot. 509 University Place is a home located in Wayne County with nearby schools including Lewis Maire Elementary School, Pierce Middle School, and Grosse Pointe South 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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