NOT LISTED FOR SALE

5240 Gateshead St Grosse Pointe, MI 48236

Cornerstone Village Neighborhood

Estimated Value: $117,569 - $132,000

3 Beds
1 Bath
1,041 Sq Ft
$120/Sq Ft Est. Value

Sale Details

Date Sold: June 12, 2019

Last sale price $73,000 $70 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $804 / mo

132 Days on Market

Highlights

  • No HOA
  • Porch
  • Forced Air Heating and Cooling System
  • 1 Car Detached Garage
  • Bungalow
  • 4-minute walk to Balduck Park

About This Home

As of June 2019

Very Nicely Updated Brick Bungalow in desirable Cornerstone neighborhood. Updates include Granite Kitchen, Windows, Doors, Dimensional Roof and Flooring. Very close to Mack Ave Shopping, Balduck Park and a short drive to Midtown and Downtown Detroit.. Property has 48236 Zip code, benefiting purchasers insurance rates.

Last Agent to Sell the Property

Perry Gatliff

Signature Sotheby's International Realty GPF License #6501290133 Listed on: 12/01/2018

Signature Sotheby's International Realty GPF

Last Buyer's Agent

Nick Casteel

Brookstone, Realtors LLC License #RCO-6501366044

Brookstone, Realtors LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40.00x150.00

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,041 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Mack Seven Mile Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I078723S

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,177

Year Built

Built in 1950

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 240
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Range/Stove, Washer
  • Total Sq Ft: 1041

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Porch Type: Porch
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 535714.2857
  • Lot Size Area: 0.14
  • Lot Dimensions: 40.00X150.00
  • Parcel Number: W21I078723S

Tax Info

  • Tax Amount Summer: 1044.3600
  • Tax Amount Winter: 132.7800
  • Total Tax: 1177.1400

MLS Schools

  • School District: Detroit

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2018
Closed on
Jun 13, 2019
Sold by
Bought by
Seller's Agent
Perry Gatliff
Signature Sotheby's International Realty GPF
Buyer's Agent
Nick Casteel
Brookstone, Realtors LLC
List Price
$75,000
Sold Price
$73,000
Premium/Discount to List
-$2,000
-2.67%
Current Estimated Value
$125,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,392
Avg. Annual Appreciation
7.88%
Original Mortgage
$71,677
Outstanding Balance
$62,711
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$62,681
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$73,000 Ata National Title Group Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $71,677
Previous Owner $76,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/12/2019 06/12/19 Sold $73,000 -2.7% $70 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
02/21/2019 02/21/19 For Sale $75,000 0.0% $72 / Sq Ft
02/11/2019 02/11/19 Pending -- -- --
12/01/2018 12/01/18 For Sale $75,000 -- $72 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,456 $47,500 $0 $0
2024 $1,474 $40,900 $0 $0
2023 $1,430 $30,500 $0 $0
2022 $1,571 $25,600 $0 $0
2021 $1,530 $20,100 $0 $0
2020 $1,513 $18,100 $0 $0
2019 $1,481 $15,800 $0 $0
2018 $1,295 $13,700 $0 $0
2017 $266 $14,000 $0 $0
2016 $1,566 $17,500 $0 $0
2015 $1,750 $17,500 $0 $0
2013 $2,492 $24,924 $0 $0
2010 -- $36,542 $987 $35,555
Source: Public Records

Agents Affiliated with this Home

  • Perry Gatliff

    Seller's Agent in 2019

    Perry Gatliff

    Signature Sotheby's International Realty GPF

    (313) 530-9776

    1 in this area

    60 Total Sales

    Perry Gatliff
    Section Image
  • Nick Casteel

    Buyer's Agent in 2019

    Nick Casteel

    Brookstone, Realtors LLC

    (586) 914-5965

    131 Total Sales

    Nick Casteel
    Section Image
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Map

Source: Realcomp

MLS Number: 218114834

Realcomp

APN: 21-078723

Michigan Wayne County Grosse Pointe 48236 Cornerstone Village

5240 Gateshead St, Grosse Pointe, MI

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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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