NOT LISTED FOR SALE

562 Saint Clair Ave Grosse Pointe, MI 48230

Estimated Value: $721,000 - $884,000

8 Beds
4 Baths
4,155 Sq Ft
$196/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $750,000 $181 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,971/month

37 Days on Market

Highlights

  • 24.5 Acre Lot
  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • Lewis Maire Elementary School Rated A
  • 4 Car Attached Garage

About This Home

As of January 2024

This listing consists of two, 2 unit buildings on the corner of St Clair and St Paul - 4 units total. They are, 562-564 St Clair and 17125-17129 St. Paul. They are connected by a 4 car attached garage. There is 1 Tax ID for both buildings. Very well maintained throughout. Newer Roofs, GFA and CAC. 3 of 4 kitchens have been updated. Clean basements. All tenants are excellent and want to stay. NFP in each unit on St Clair. Separate utilities. Certificate of Occupancy Complete. All 4 units can be seen only on Wednesdays from 2:00 - 5:00pm and Saturdays from Noon to 3:00pm

Last Agent to Sell the Property

Tom Griffith

Real Estate One Grosse Pointe License #MISPE-6506019818 Listed on: 12/05/2023

Real Estate One Grosse Pointe

Last Buyer's Agent

Panagiota Vasilos

Sine & Monaghan LLC License #MISPE-6506046473

Sine & Monaghan LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1951

Lot Details

  • 24.5 Acre Lot
  • Lot Dimensions are 60x179

Parking

  • 4 Car Attached Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Community Details

  • 4 Units
  • St Clair Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37002040094002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,655

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Colonial
  • Total Tax Amount: 10655
  • Year Built: 1951
  • Mail City: Grosse Pointe
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Features: Livroom Fireplace
  • Basement: Yes
  • Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 4155

Exterior Features

  • Foundation Type: Basement

Garage/Parking

  • Garage Type: Attached Garage
  • Garage Spaces: 4
  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Cooling System: Central A/C
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 37002040094002
  • Lot Dimensions: 60x179
  • Acreage: 24.5
  • Zoning: Multi-Family

Rental Info

  • Landlord Pays: Lawn Maintenance, Snow Removal, Water/Sewer
  • Lease Information: Month-To-Month

Tax Info

  • Summer Tax: Year: 2023, Amount: $5,544.00
  • Winter Tax: Year: 2023, Amount: $5,111.00
  • Total Tax: Amount: $10,655.00

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2023
Closed on
Jan 12, 2024
Sold by
Drummy Joan Griffith
Bought by
Kouskoulas Athanasia and Kouskoulas Michael Mariana
Seller's Agent
Tom Griffith
Real Estate One Grosse Pointe
Buyer's Agent
Panagiota Vasilos
Sine & Monaghan LLC
List Price
$825,000
Sold Price
$750,000
Premium/Discount to List
-$75,000
-9.09%
Views
71
Current Estimated Value
$812,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,608
Avg. Annual Appreciation
4.13%
Original Mortgage
$487,500
Outstanding Balance
$472,790
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$326,468
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
Kouskoulas Athanasia $750,000 Capital Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kouskoulas Athanasia $487,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $750,000 -9.1% $181 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
12/05/2023 12/05/23 For Sale $825,000 -- $199 / 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 $5,813 $287,100 $0 $0
2024 $5,813 $276,800 $0 $0
2023 $5,543 $268,300 $0 $0
2022 $10,160 $243,600 $0 $0
2021 $9,892 $226,600 $0 $0
2019 $9,737 $195,100 $0 $0
2018 $4,811 $184,900 $0 $0
2017 $8,358 $182,700 $0 $0
2016 $8,817 $173,000 $0 $0
2015 $13,731 $159,000 $0 $0
2013 $13,302 $140,300 $0 $0
2012 -- $129,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50129184

Michigan Multiple Listing Service

APN: 37-002-04-0094-002