$580,000
SOLD DEC 3, 2024

516 Thorn Tree Rd Grosse Pointe Woods, MI 48236

4 Beds
4 Baths
3,016 Sq Ft
0.25 Acres

Recently Sold

$192 Per Sq Ft

3% Below List Price

7 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Forced Air Heating System
  • John Monteith Elementary School Rated A-
  • 2 Car Attached Garage
  • Gas Fireplace

About This Home

As of December 2024

BEAUTIFUL COLONIAL, Gleaming hardwood throughout home, beautifully updated kitchen. Lovely living room with gas fireplace, fabulous family room with a slider that opens onto a spacious blue stone patio. Patio overlooks large, delightful landscaped yard. Four large bedrooms, with two full baths on the second floor. Basement with ample space for kids to play, separate laundry room and additional storage room. Short walk to Lake St Clair, Monteith, Liggett, and the Hunt Club. Don't miss out on this Woods Gem.

Last Agent to Sell the Property

Lynne Williams

Real Estate One Grosse Pointe License #MISPE-6501421482 Listed on: 11/05/2024

Real Estate One Grosse Pointe

Last Buyer's Agent

Spencer Ray

Jim Saros Real Estate Services License #6501409153

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1957

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 94x120

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Basement

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Deeplans Sub 3 G Pte Wds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40-014-03-0229-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,205

Year Built

Built in 1957

Lot Details

0

Listing Details

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

Interior Features

  • Fireplace: Yes
  • Fireplaces: Gas Fireplace
  • Basement: Yes
  • Bedrooms: 4
  • Bedroom 1: On 2nd Floor, Dimensions: 17 x 14
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On 2nd Floor, Dimensions: 12 x 14
  • Bedroom 2 Floor Covering: Wood
  • Bedroom 3: On 2nd Floor, Dimensions: 14 x 13
  • Bedroom 3 Floor Covering: Wood
  • Bedroom 4: On 2nd Floor, Dimensions: 13 x 10
  • Bedroom 4 Floor Covering: Wood
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Bathroom 1: On Level: Second
  • Bathroom 2: On Level: Second
  • Dining Room: On 1st Floor, Dimensions: 13 x 13
  • Dining Room Floor Covering: Wood
  • Family Room: On 1st Floor, Dimensions: 19 x 14
  • Family Room Floor Covering: Carpet
  • Kitchen: On 1st Floor, Dimensions: 11 x 15
  • Kitchen Floor Covering: Ceramic
  • Living Room: On 1st Floor, Dimensions: 21 x 14
  • Living Room Floor Covering: Wood
  • Below Grade Sq Ft: 1398
  • Finished Below Grade Sq Ft: 360
  • Above Grade Finished Sq Ft: 2656
  • Total Finished Sq Ft: 3016
  • Half Bathrooms: 2

Exterior Features

  • Exterior: Brick
  • Foundation: Basement
  • Frontage: 94
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

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

Lot Info

  • Assessor Parcel Number: 40-014-03-0229-000
  • Lot Dimensions: 94x120
  • Acreage: 0.25
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $5,712.00
  • Winter Tax: Year: 2023, Amount: $5,493.00
  • Total Tax: Amount: $11,205.00

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2024
Closed on
Dec 3, 2024
Sold by
Bsharah Family Living Trust and Bsharah Lawrence
Bought by
Bakken Richard and Bakken Megan
Seller's Agent
Lynne Williams
Real Estate One Grosse Pointe
Buyer's Agent
Spencer Ray
Jim Saros Real Estate Services
List Price
$595,000
Sold Price
$580,000
Premium/Discount to List
-$15,000
-2.52%
Views
15
Current Estimated Value
$584,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,933
Avg. Annual Appreciation
3.10%
Original Mortgage
$551,000
Outstanding Balance
$549,007
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$40,799

Purchase Details

Closed on
Jun 6, 2020
Sold by
Bsharah Lawrence George and Bsharah Elizabeth Marie
Bought by
Bsharah Lawrence George and Bsharah Elizabeth Marie

Purchase Details

Closed on
Nov 10, 2005
Sold by
Kiesgen Gregory L
Bought by
Bsharah Lawrence G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 7, 2001
Sold by
Evatz Stanley R
Bought by
Kiesgen Gregory L

Purchase Details

Closed on
Dec 17, 1998
Sold by
Evatz Marianne M
Bought by
Evatz Stanley R
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 Type Sale Price Title Company
Warranty Deed $580,000 Capital Title
Warranty Deed $580,000 Capital Title
Interfamily Deed Transfer -- None Available
Warranty Deed $460,000 Lawyers Title Inc
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $551,000 New Conventional
Closed $551,000 New Conventional
Previous Owner $361,250 New Conventional
Previous Owner $368,000 Fannie Mae Freddie Mac
Previous Owner $92,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2024 12/03/24 Sold $580,000 -2.5% $192 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
11/07/2024 11/07/24 For Sale $595,000 -- $197 / 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 $5,712 $234,100 $0 $0
2023 $5,493 $222,900 $0 $0
2022 $10,703 $224,800 $0 $0
2021 $10,446 $221,200 $0 $0
2020 $10,236 $214,200 $0 $0
2019 $5,000 $210,400 $0 $0
2018 $4,914 $197,200 $0 $0
2017 $8,932 $191,200 $0 $0
2016 $9,333 $179,300 $0 $0
2015 $13,492 $155,100 $0 $0
2013 $13,080 $133,600 $0 $0
2012 -- $135,300 $29,900 $105,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50160306

Michigan Multiple Listing Service

APN: 40-014-03-0229-000