$1,485,000
SOLD APR 28, 2017

521 Lake Shore Rd Grosse Pointe Shores, MI 48236

5 Beds
9 Baths
6,034 Sq Ft
0.92 Acres

Recently Sold

$246 Per Sq Ft

12% Below List Price

218 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

Stately and welcoming Georgian Colonial on almost an acre, overlooking Lake St. Clair. Spectacular lake views from most rooms. Gently bermed property affords privacy without impairing lake views. Wonderful floor plan with a perfect balance of everyday living and entertaining. Numerous amenities in this builder's residence. Gourmet kitchen including a "La Canche" range, adjacent to the family room. Both rooms are steps away from patios and outdoor stone fireplace. Desirable Master Suite includes: sauna, Jacuzzi, sitting room, and walk-in closet. All bedrooms have en suite baths which allows the potential for an in-law/au pair suite. This home with inviting paneled library, formal dining room, wet bar and built-ins, wine cellar, five fireplaces, and well-appointed lower level has been meticulously maintained.

Last Agent to Sell the Property

Patty Riley

Coldwell Banker Professionals-GPF License #6501233386 Listed on: 09/13/2016

Coldwell Banker Professionals-GPF

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
  • Gas Fireplace
  • 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: 24
  • Total Bedrooms: 5
  • Total Bathrooms: 6.30
  • Full Bathrooms: 6
  • 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
$1,936,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$636,486
Avg. Annual Appreciation
4.65%
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 -- Capital Title Ins Agcy
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $700,000 Commercial
Previous Owner $650,000 Credit Line Revolving
Previous Owner $417,000 New Conventional
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
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

    27 Total Sales

    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: 216091049

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 and is currently priced at $1,485,000, approximately $246 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.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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