NOT LISTED FOR SALE

5280 Gateshead St Grosse Pointe, MI 48236

Cornerstone Village Neighborhood

Estimated Value: $102,000 - $200,000

3 Beds
1.5 Baths
1,100 Sq Ft
$156/Sq Ft Est. Value

Last Sold June 08, 2023

Last sale price $182,500 $166 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,099/month

2 Days on Market

Highlights

  • No HOA
  • 3 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Cass Technical High School Rated 10
  • Bungalow
  • 4-minute walk to Balduck Park

About This Home

As of June 2023

THIS IS THE HOME YOU'VE BEEN WAITING FOR. This home is a charm! Recently remodeled in Summer 2022 with a chic finish, this home features an open concept living environment, perfect for hosting family & friends. This home also includes 3 bedrooms, 1 full bathroom, a 1/2 bathroom, and a partially finished basement that has an extra bonus room downstairs as useable space; along with a 3 car detached garage outside. This home has a lot to offer and will bring tons of joy and excitement to the next new homeowner who will have a Grosse Pointe mailing address with lower Detroit taxes. Come check out this amazing remodeled home today. Last but not least with a full priced offer seller is willing to include all kitchen appliances before closing, also this property may qualify for up to a $2500 or $5000 Chase Homebuyer Grant that can be used to reduce the cost of your Chase mortgage. Potential buyer should contact Ken Stricklen , NMLS 1260380 at ken.stricklen@chase. com Cheers.

Last Agent to Sell the Property

James Poindexter

Realty Pros License #6501418908 Listed on: 05/12/2023

Last Buyer's Agent

Desiray Shipman

EXP Realty Main License #6501448654

EXP Realty Main

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $240

Year Built

  • Built in 1951

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40.00 x 150.00

Parking

  • 3 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,100 Sq Ft Home
  • 1.5-Story Property
  • Partially Finished Basement

Kitchen

  • Free-Standing Gas Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Mack Seven Mile Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number W21I078728S

Home Details

Home Type

Single Family

Est. Annual Taxes

$240

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 240.00
  • Warranty: Yes
  • Year Built: 1951
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Range Hood, Washer
  • Sq Ft Combined: 1600
  • Sq Ft Lower Floor: 500
  • Total Sq Ft: 1100
  • Sq Ft Total Bsmt: 850

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 20
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.14
  • Lot Dimensions: 40.00 x 150.00
  • Parcel Number: W21I078728S

Tax Info

  • Tax Amount Summer: 240.0000
  • Total Tax: 240.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Jun 8, 2023
Sold by
Gra Investment Group Llc
Bought by
Newman Jason
Seller's Agent
James Poindexter
Realty Pros
Buyer's Agent
Desiray Shipman
EXP Realty Main
List Price
$182,500
Sold Price
$182,500
Views
106
Current Estimated Value
$171,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,334
Avg. Annual Appreciation
-4.68%
Original Mortgage
$177,025
Outstanding Balance
$173,248
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
-$9,726

Purchase Details

Closed on
Apr 25, 2022
Sold by
Israel Missionary Baptist Church Inc
Bought by
Island Time Properties Llc

Purchase Details

Closed on
Mar 3, 2022
Sold by
Island Time Properties Llc
Bought by
Gra Investments Inc
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
Newman Jason $182,500 None Listed On Document
Island Time Properties Llc $55,000 New Title Company Name
Gra Investments Inc $72,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newman Jason $177,025
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2023 06/08/23 Sold $182,500 0.0% $166 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $182,500 -- $166 / 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 $2,341 $41,400 $0 $0
2024 $2,341 $35,700 $0 $0
2023 $2,319 $27,000 $0 $0
2022 $440 $0 $0 $0
2021 $251 $0 $0 $0
2020 $240 $0 $0 $0
2019 $240 $0 $0 $0
2018 $0 $0 $0 $0
2017 -- $0 $0 $0
2016 -- $0 $0 $0
2015 $240 $0 $0 $0
2013 $240 $0 $0 $0
2010 -- $987 $987 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    James Poindexter

    Realty Pros

    (240) 506-6966

    1 in this area

    59 Total Sales

    James Poindexter
    Section Image

  • D

    Buyer's Agent in 2023

    Desiray Shipman

    EXP Realty Main

    (313) 400-8731

    1 in this area

    15 Total Sales

    Desiray Shipman
    Section Image
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Map

Source: Realcomp

MLS Number: 20230035717

Realcomp

APN: 21-078728

Michigan Wayne County Grosse Pointe 48236 Cornerstone Village

5280 Gateshead St, Grosse Pointe, MI

This home is located at 5280 Gateshead St, Grosse Pointe, MI 48236 since 12 May 2023 and is currently estimated at $171,166, approximately $155 per square foot. This property was built in 1951. 5280 Gateshead 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.

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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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