NOT LISTED FOR SALE

541 Lincoln Rd Grosse Pointe, MI 48230

Estimated Value: $881,000 - $1,012,000

5 Beds
3 Baths
3,490 Sq Ft
$276/Sq Ft Est. Value

Last Sold October 11, 2013

Last sale price $486,000 $139 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $5,882/month

8 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Porch
  • Richard Elementary School Rated A
  • Fenced Yard
  • 2 Car Attached Garage

About This Home

As of October 2013

Beautiful French Chateau near Richard Elementary and South High Schools. Located between "The Village & The Hill & Fisher Road" shopping! Fabulously designed architecture. Elegant home. Living room and Master bedroom with Pewabic tile fireplace. Newer Kitchen with load of amenities. Newer Marvin windows. Extra insulation is walls and attic. Newer central air. Roof 10 years. Updated baths. Recreation room, and much more. A must see!

Last Agent to Sell the Property

Lewis Gazoul

Real Estate One Grosse Pointe License #MISPE-6506043731 Listed on: 08/26/2013

Real Estate One Grosse Pointe

Last Buyer's Agent

Janet Ridder

Sine & Monaghan LLC License #MISPE-6506020234

Sine & Monaghan LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1928

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60 x 152
  • Fenced Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 3,490 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Recreation Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 37003070271000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,402

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type: 1 to 4 Units
  • Type Of Property: Residential
  • Structure Style: 2 Story
  • Total Tax Amount: 9402
  • Total Tax Year: 2012
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Fireplaces: Basement Fireplace, LivRoom Fireplace, MstrBedroom Fireplace
  • Basement: Yes
  • Basement: Full
  • Bedrooms: 5
  • Bedroom 1: On 2nd Floor, Dimensions: 19 x 15
  • Bedroom 2: On 2nd Floor, Dimensions: 15 x 11
  • Bedroom 3: On 2nd Floor, Dimensions: 14 x 11
  • Bedroom 4: On 2nd Floor, Dimensions: 13 x 10
  • Bedroom 5: On 2nd Floor, Dimensions: 12 x 12
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Room Types: Recreation Room
  • Dining Room: On 1st Floor, Dimensions: 17 x 13
  • Family Room: On 1st Floor, Dimensions: 16 x 10
  • Kitchen: On 1st Floor, Dimensions: 18 x 10
  • Kitchen Features: Eat-In Kitchen, Formal Dining Room
  • Living Room: On 1st Floor, Dimensions: 24 x 15
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 3490
  • Total Finished Sq Ft: 3490

Exterior Features

  • Exterior: Brick, Stone
  • Exterior Features: Fenced Yard, Porch, Sidewalks
  • Foundation: Basement
  • Frontage: 60
  • Road: Paved Street

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Steam
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Schools

  • Elementary School: Richard
  • Middle School: Brownell
  • High School: South

Lot Info

  • Assessor Parcel Number: 37003070271000
  • Zoning: Residential
  • Lot Dimensions: 60 x 152
  • Acreage: 0.2
  • Map Side Numeric: 04
  • Map Top Alpha: aj
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2012, Amount: $5,989.00
  • Winter Tax: Year: 2012, Amount: $3,413.00
  • Total Tax: Year: 2012, Amount: $9,402.00

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2013
Closed on
Oct 11, 2013
Sold by
Petit Daniel A and Petit Allyn B
Bought by
Wallace David K and Wallace Caroline H
Seller's Agent
Lewis Gazoul
Real Estate One Grosse Pointe
Buyer's Agent
Janet Ridder
Sine & Monaghan LLC
List Price
$495,000
Sold Price
$486,000
Premium/Discount to List
-$9,000
-1.82%
Total Days on Market
8
Current Estimated Value
$963,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,448
Avg. Annual Appreciation
5.89%
Original Mortgage
$417,000
Interest Rate
4.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 1998
Sold by
Greene Margaret E
Bought by
Petit Allyn B
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
Wallace David K $486,000 Greco Title Agency Llc
Petit Allyn B $450,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2013 10/11/13 Sold $486,000 -1.8% $139 / Sq Ft
09/03/2013 09/03/13 Pending -- -- --
08/26/2013 08/26/13 For Sale $495,000 -- $142 / Sq Ft
Source: Michigan Multiple Listing Service

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 $9,531 $439,700 $0 $0
2024 $9,531 $441,900 $0 $0
2023 $9,090 $410,500 $0 $0
2022 $13,156 $338,900 $0 $0
2021 $12,474 $330,400 $0 $0
2019 $12,956 $312,700 $0 $0
2018 $7,889 $298,900 $0 $0
2017 $8,329 $295,000 $0 $0
2016 $11,873 $281,000 $0 $0
2015 $22,515 $254,200 $0 $0
2013 $20,705 $218,600 $0 $0
2012 -- $202,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31163248

Michigan Multiple Listing Service

APN: 37-003-07-0271-000