NOT LISTED FOR SALE

5251 Lannoo St Grosse Pointe, MI 48236

Cornerstone Village Neighborhood

Estimated Value: $162,538 - $227,000

3 Beds
2.5 Baths
1,505 Sq Ft
$126/Sq Ft Est. Value

Last Sold December 27, 2019

Last sale price $100,500 $67 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,120/month

17 Days on Market

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • 2 Car Detached Garage
  • Cass Technical High School Rated 10
  • No HOA
  • Porch

About This Home

As of December 2019

**OWNER OCCUPANT OR INVESTMENT OPPORTUNITY** Solid brick 2 story colonial for sale! Property features 3 bedrooms, 1 full bathroom, 1 full accessible bathroom, and a 1/2 bath in basement, a kitchen, dining room, living room with a natural fireplace, hardwood floors, full basement, central air, and a 2 car garage. This home would be ideal for an investor looking to place a tenant and collect monthly rental income or an owner occupant looking for a house to call home! Purchaser to pay $495 processing fee to listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance! If buyer requires a water escrow for a final water read, the buyer's agent is to coordinate final water read prior to closing. All room sizes are estimated. BATVAI

Last Agent to Sell the Property

George Nijem

Realtyflo Inc License #6506047265 Listed on: 10/20/2019

Last Buyer's Agent

Beverly Jordan

Global Scope Real Estate Solutions License #RCO-6502430820

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1946

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40x40x143x143
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,505 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Common Area
  • Accessible Approach with Ramp

Outdoor Features

  • Exterior Lighting
  • Porch

Location

  • Ground Level Unit

Utilities

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

Community Details

  • No Home Owners Association
  • Mack Seven Mile Subdivision

Listing and Financial Details

  • Assessor Parcel Number W27I073291S

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,043

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1946
  • State Equalized Value: 15300.0000
  • Accessibility Features: Accessible Approach with Ramp, Accessible Common Area, Accessible Full Bath
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1505
  • Total Sq Ft: 1505
  • Sq Ft Total Bsmt: 618

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • List Price per Acre: 814615.3846
  • Lot Size Area: 0.13
  • Lot Dimensions: 40X40X143X143
  • Parcel Number: W27I073291S

Tax Info

  • Tax Amount Summer: 906.0000
  • Tax Amount Winter: 137.0000
  • Total Tax: 1043.0000
  • Taxable Value: 15300.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2019
Closed on
Dec 17, 2019
Sold by
Rocha Mary and Nijem Bashar George
Bought by
Holloway Nechelle
Seller's Agent
George Nijem
Realtyflo Inc
Buyer's Agent
Beverly Jordan
Global Scope Real Estate Solutions
List Price
$109,000
Sold Price
$100,500
Premium/Discount to List
-$8,500
-7.8%
Current Estimated Value
$189,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,135
Avg. Annual Appreciation
10.40%
Original Mortgage
$97,485
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 20, 2019
Closed on
Dec 16, 2019
Sold by
Rocha Joseph J
Bought by
Rocha Mary L
Seller's Agent
George Nijem
Realtyflo Inc
Buyer's Agent
Beverly Jordan
Global Scope Real Estate Solutions
List Price
$109,000
Sold Price
$100,500
Premium/Discount to List
-$8,500
-7.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,485
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Holloway Nechelle $100,500 Red Carpet Title Agency Llc
Rocha Mary L -- Red Carpet Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holloway Nechelle $97,485
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2019 12/27/19 Sold $100,500 -5.1% $67 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
10/26/2019 10/26/19 Price Changed $105,900 -2.8% $70 / Sq Ft
10/20/2019 10/20/19 For Sale $109,000 -- $72 / 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 $1,428 $60,500 $0 $0
2024 $1,428 $53,400 $0 $0
2023 $1,389 $39,500 $0 $0
2022 $1,567 $32,000 $0 $0
2021 $1,526 $24,900 $0 $0
2020 $2,005 $22,300 $0 $0
2019 $1,131 $18,900 $0 $0
2018 $906 $15,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • George Nijem

    Seller's Agent in 2019

    George Nijem

    Realtyflo Inc

    (248) 229-7503

    1 in this area

    85 Total Sales

    George Nijem
    Section Image

  • B

    Buyer's Agent in 2019

    Beverly Jordan

    Global Scope Real Estate Solutions

    (248) 667-1456

    7 Total Sales

    Beverly Jordan
    Section Image
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Map

Source: Realcomp

MLS Number: 219107884

Realcomp

APN: 27-073291

Michigan Wayne County Grosse Pointe 48236 Cornerstone Village

5251 Lannoo St, Grosse Pointe, MI

This home is located at 5251 Lannoo St, Grosse Pointe, MI 48236 since 20 October 2019 and is currently estimated at $189,635, approximately $126 per square foot. This property was built in 1946. 5251 Lannoo St is a home located in Wayne County with nearby schools including Marquette Elementary-Middle School, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle 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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