NOT LISTED FOR SALE

520 University Place Grosse Pointe, MI 48230

Estimated Value: $808,000 - $961,000

-- Bed
1 Bath
2,996 Sq Ft
$288/Sq Ft Est. Value

About This Home

This home is located at 520 University Place, Grosse Pointe, MI 48230 and is currently estimated at $863,145, approximately $288 per square foot. 520 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 12, 2024
Sold by
Schmitt Joseph E and Schmitt Hillary A
Bought by
Gapaje Trust and Lupinacci
Current Estimated Value
$863,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,750
Outstanding Balance
$600,547
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$262,598

Purchase Details

Closed on
Jul 18, 2013
Sold by
Andersen Gary Lee and Andersen Suzanne Johnston
Bought by
Schmitt Joseph E and Schmitt Hillary A
Source: Public Records

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
Gapaje Trust $935,000 Ata National Title
Schmitt Joseph E $510,000 Greco Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gapaje Trust $607,750
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
2025 $7,204 $306,300 $0 $0
2024 $7,204 $314,000 $0 $0
2023 $6,871 $279,600 $0 $0
2022 $9,944 $261,700 $0 $0
2021 $9,428 $259,100 $0 $0
2019 $9,793 $233,800 $0 $0
2018 $5,963 $204,900 $0 $0
2017 $6,295 $202,400 $0 $0
2016 $8,974 $181,100 $0 $0
2015 $17,018 $175,300 $0 $0
2013 $14,909 $160,200 $0 $0
2012 -- $145,600 $0 $0
Source: Public Records

Map

Michigan Wayne County Grosse Pointe 48230

520 University Place, Grosse Pointe, MI

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