NOT LISTED FOR SALE

521 Lake Shore Rd Grosse Pointe Shores, MI 48236

Estimated Value: $1,715,000 - $2,177,053

5 Beds
8 Baths
6,034 Sq Ft
$326/Sq Ft Est. Value

Last Sold October 12, 2017

Last sale price $1,300,000 $215 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $13,005/month

7 Days on Market

Highlights

  • Water Views
  • 0.92 Acre Lot
  • Fireplace in Primary Bedroom
  • John Monteith Elementary School Rated A-
  • Colonial Architecture
  • Jetted Tub in Primary Bathroom

About This Home

As of October 2017

What a value and opportunity on prestigious Lake Shore!! Almost an acre of estate like setting that's majestic and private! This stately and welcoming Georgian Colonial overlooks Lake St. Clair. Spectacular lake views from most rooms. Exquisite detailing and numerous amenities throughout. Gourmet kitchen with spacious eating area, island and a "LaCanche" range adjacent to the family room with fireplace. Both are steps from patios and an outdoor fireplace. Master suite includes a sauna, fireplace, sitting room and walk-in closet. Master bath has double sinks, a Jacuzzi tub and separate shower. All bedrooms have en-suite full baths. There's an inviting paneled library with built-ins and fireplace. The formal dining room has a wet bar, fireplace and built-in cabinets with lighting. There's a wine cellar accessible from the kitchen. There are five fireplaces in total. Lower lever is finished with a wet bar and numerous storage areas. A truly wonderful residence.

Last Agent to Sell the Property

Patty Riley

Coldwell Banker Professionals-GPF License #6501233386 Listed on: 09/11/2017

Coldwell Banker Professionals-GPF

Last Buyer's Agent

Julie Ahee

Sine & Monaghan Realtors Real Living LLC GPF License #RCO-6501323529

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1960

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 145.00x236.23

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 6,034 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Water Views
  • Partially Finished Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Deeplands Sub G. Pte Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74004010003000

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,716

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Jetted Tub
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Dining Room, Family Room, Living Room, Primary Bedroom
  • Room Count: 23
  • Total Bedrooms: 5
  • Total Bathrooms: 5.30
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Washer
  • Sq Ft Combined: 7412
  • Sq Ft Lower Floor: 1378
  • Total Sq Ft: 6034
  • Sq Ft Total Bsmt: 1532

Exterior Features

  • Waterfront Name: Lake St. Clair
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 145
  • Porch Type: Patio
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Electricity, Door Opener, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air, Zoned
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Water at Street
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Grosse Pointe

Lot Info

  • Homestead: Yes
  • Lot Features: Water View
  • Lot Size Area: 0.92
  • Lot Dimensions: 145.00X236.23
  • Parcel Number: 74004010003000

Tax Info

  • Tax Amount Summer: 16682.0000
  • Tax Amount Winter: 9034.0000
  • Total Tax: 25716.0000

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2017
Closed on
Oct 11, 2017
Sold by
Mendelssohn Paxton B and Mendelssohn Renee E
Bought by
Fox Timothy Vanpelt
Seller's Agent
Patty Riley
Coldwell Banker Professionals-GPF
Buyer's Agent
Julie Ahee
Sine & Monaghan Realtors Real Living LLC GPF
List Price
$1,550,000
Sold Price
$1,300,000
Premium/Discount to List
-$250,000
-16.13%
Current Estimated Value
$1,965,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$665,018
Avg. Annual Appreciation
5.33%
Source: Public Records

Range of Values:

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Average Value
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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
Fox Timothy Vanpelt -- Capital Title Ins Agcy
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2017 10/12/17 Sold $1,300,000 -16.1% $215 / Sq Ft
09/18/2017 09/18/17 Pending -- -- --
09/11/2017 09/11/17 For Sale $1,550,000 +4.4% $257 / Sq Ft
04/28/2017 04/28/17 Sold $1,485,000 -9.5% $246 / Sq Ft
04/19/2017 04/19/17 Pending -- -- --
02/04/2017 02/04/17 Price Changed $1,640,000 -3.2% $272 / Sq Ft
09/13/2016 09/13/16 For Sale $1,695,000 -- $281 / Sq Ft
Source: Realcomp

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 $31,045 $827,500 $0 $0
2024 $31,045 $809,500 $0 $0
2023 $31,045 $737,600 $0 $0
2022 $31,045 $741,300 $0 $0
2021 $31,045 $720,000 $0 $0
2019 $31,605 $657,400 $0 $0
2018 $20,082 $571,100 $0 $0
2017 $17,987 $561,800 $0 $0
2016 $26,730 $557,900 $0 $0
2015 $48,623 $502,200 $0 $0
2013 $47,104 $483,000 $0 $0
2011 -- $597,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Patty Riley

    Coldwell Banker Professionals-GPF

    (313) 598-6107

    3 in this area

    26 Total Sales

    Patty Riley
    Section Image

  • J

    Buyer's Agent in 2017

    Julie Ahee

    Sine & Monaghan Realtors Real Living LLC GPF

See All Agents

Map

Source: Realcomp

MLS Number: 217074202

Realcomp

APN: 74-004-01-0003-000

Michigan Wayne County Grosse Pointe Shores 48236

521 Lake Shore Rd, Grosse Pointe Shores, MI

This home is located at 521 Lake Shore Rd, Grosse Pointe Shores, MI 48236 since 11 September 2017 and is currently estimated at $1,965,018, approximately $325 per square foot. This property was built in 1960. 521 Lake Shore Rd is a home located in Wayne County with nearby schools including John Monteith Elementary School, Parcells Middle School, and Grosse Pointe North 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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