NOT LISTED FOR SALE

5531 Gateshead St Grosse Pointe, MI 48236

Cornerstone Village Neighborhood

Estimated Value: $53,492 - $120,000

2 Beds
1 Bath
702 Sq Ft
$128/Sq Ft Est. Value

Last Sold March 28, 2018

Last sale price $13,321 $19 Per Sq Ft

Est. 577% increase in value since last sale

Current estimated payment $560/month

91 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • 4-minute walk to Balduck Park
  • Cass Technical High School Rated 10
  • 2 Car Garage

About This Home

As of March 2018

NICE 2 BEDROOM, 1 STORY WITH 2 CAR DETACHED GARAGE, CRAWL SPACE, FULL BATHROOM, FENCED IN YARD. HUD HOMES SOLD AS IS. FHA #261-871666 FHA INSURABILITY CODE IU. LEAD BASED PAINT NOTICES. SHOW ANYTIME. NEW HOMES EACH DAY OWNERSHIP U. S. Dept of HUD. SUBJECT TO AN APPRAISAL.

Last Agent to Sell the Property

Chad Evans

Pointes Realty LLC License #6502382206 Listed on: 12/13/2017

Last Buyer's Agent

Ramona Green

Real Living Kee Realty-SCS License #RCO-6501368152

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 40 x 120

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 702 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Sunnyside Sites Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I078744S

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Sq Ft Combined: 702
  • Total Sq Ft: 702

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Gravity
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 112500.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 40 X 120
  • Parcel Number: W21I078744S

Tax Info

  • Tax Amount Summer: 736.0000
  • Tax Amount Winter: 74.0000
  • Total Tax: 810.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2017
Closed on
Mar 23, 2018
Sold by
Secrejtary Of Housing And Urban Developm
Bought by
Pesti Roman
Seller's Agent
Chad Evans
Pointes Realty LLC
Buyer's Agent
Ramona Green
Real Living Kee Realty-SCS
List Price
$9,000
Sold Price
$13,321
Premium/Discount to List
$4,321
48.01%
Current Estimated Value
$90,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,802
Avg. Annual Appreciation
26.32%

Purchase Details

Closed on
Aug 27, 2013
Sold by
Jpmorgan Chase Bank N A
Bought by
The Secretary Of H U D

Purchase Details

Closed on
May 16, 2013
Sold by
Mousseau Christopher M
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Apr 7, 2004
Sold by
Norrod Keith D
Bought by
Mousseau Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,841
Interest Rate
5.48%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 27, 2002
Sold by
Stockman Daniel
Bought by
Norrod Keith D

Purchase Details

Closed on
Feb 18, 1998
Sold by
Thomopoulos John V
Bought by
Labash Cathy A

Purchase Details

Closed on
Apr 17, 1995
Sold by
Thomopoulos John V
Bought by
Charles S and Labash Cathy A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pesti Roman -- None Available
The Secretary Of H U D -- None Available
Jpmorgan Chase Bank National Association $225 None Available
Mousseau Christopher M $75,000 Lawyers Title Ins
Norrod Keith D $40,000 --
Labash Cathy A $25,900 --
Stockman Daniel $37,000 --
Charles S $25,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mousseau Christopher M $73,841
Closed Charles S $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2018 03/28/18 Sold $13,321 +48.0% $19 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $9,000 0.0% $13 / Sq Ft
03/12/2018 03/12/18 Pending -- -- --
03/09/2018 03/09/18 For Sale $9,000 0.0% $13 / Sq Ft
12/28/2017 12/28/17 Pending -- -- --
12/21/2017 12/21/17 For Sale $9,000 0.0% $13 / Sq Ft
12/18/2017 12/18/17 Pending -- -- --
12/13/2017 12/13/17 For Sale $9,000 -- $13 / 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 $1,003 $31,100 $0 $0
2024 $1,003 $26,400 $0 $0
2023 $973 $19,800 $0 $0
2022 $1,033 $13,800 $0 $0
2021 $1,007 $11,000 $0 $0
2020 $1,006 $9,900 $0 $0
2019 $992 $8,500 $0 $0
2018 $240 $0 $0 $0
2017 $240 $0 $0 $0
2016 $809 $7,500 $0 $0
2015 $750 $7,500 $0 $0
2013 $1,074 $10,743 $0 $0
2010 -- $15,750 $640 $15,110
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Chad Evans

    Pointes Realty LLC

    Section Image

  • R

    Buyer's Agent in 2018

    Ramona Green

    Real Living Kee Realty-SCS

See All Agents

Map

Source: Realcomp

MLS Number: 217109275

Realcomp

APN: 21-078744

Michigan Wayne County Grosse Pointe 48224 Cornerstone Village

5531 Gateshead St, Grosse Pointe, MI

This home is located at 5531 Gateshead St, Grosse Pointe, MI 48236 since 13 December 2017 and is currently estimated at $90,123, approximately $128 per square foot. This property was built in 1928. 5531 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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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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