NOT LISTED FOR SALE

587 Lochmoor Blvd Grosse Pointe Woods, MI 48236

Estimated Value: $992,000 - $1,249,000

5 Beds
4 Baths
5,891 Sq Ft
$185/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $770,000 $131 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,076/month

241 Days on Market

Highlights

  • 0.46 Acre Lot
  • Colonial Architecture
  • Bar Fridge
  • Ferry Elementary School Rated A
  • Wood Flooring
  • 3 Car Attached Garage

About This Home

As of November 2020

Stately Colonial located within walking distance to Lake St Clair and the Grosse Pointe Yacht Club. Updated kitchen has a fireplace. Wood paneled library. First and second floor master bedroom suites with updated baths. Nanny/In-law suite. Formal dining room overlooks beautiful grounds. Fireplaces in living room, family room, kitchen and lower level. Attached three car garage.

Last Agent to Sell the Property

Kay Agney

Higbie Maxon Agney Inc License #MISPE-6502119691 Listed on: 02/24/2020

Last Buyer's Agent

Panagiota Vasilos

Sine & Monaghan Realtors Real Living LLC GPF License #RCO-6501409462

Sine & Monaghan Realtors Real Living LLC GPF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1948

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 126 x 162

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Bar Fridge
  • Bay Window
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Fireplace in Basement
  • Crawl Space

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 010 01 0211 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,492

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Total Tax Amount: 15492.24
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bay Window, Hardwood Floors, Walk-In Closet
  • Appliances: Bar-Refrigerator, Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: Basement Fireplace, Grt Rm Fireplace, LivRoom Fireplace
  • Basement: Yes
  • Basement: Partially Finished
  • Bedrooms: 5
  • Bedroom 1: On 1st Floor, Dimensions: 20 x 15
  • Bedroom 2: On 2nd Floor, Dimensions: 24 x 15
  • Bedroom 3: On 2nd Floor, Dimensions: 18 x 11
  • Bedroom 4: On 2nd Floor, Dimensions: 14 x 10
  • Bedroom 5: On 2nd Floor, Dimensions: 16 x 15
  • Bathrooms Description: MstrBdrm Full Bathroom
  • Full Bathrooms: 4
  • Total Bathrooms: 6
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: Second
  • Bathroom 3: On Level: Second
  • Bathroom 4: On Level: Second
  • Dining Room: On 1st Floor, Dimensions: 18 x 14
  • Family Room: On 1st Floor, Dimensions: 22 x 20
  • Kitchen: On 1st Floor, Dimensions: 20 x 14
  • Kitchen Features: Eat-In Kitchen, Formal Dining Room
  • Laundry: On 1st Floor, Dimensions: 10 x 9
  • Library Den: On 1st Floor, Dimensions: 12 x 10
  • Living Room: On 1st Floor, Dimensions: 21 x 15
  • Sitting Room: On 2nd Floor, Dimensions: 14 x 9
  • Other Room1: Dimensions: 17x15, On Level: Second
  • Below Grade Sq Ft: 1586
  • Finished Below Grade Sq Ft: 800
  • Half Bathrooms: 2
  • Above Grade Finished Sq Ft: 5091
  • Total Finished Sq Ft: 5891

Exterior Features

  • Exterior: Brick
  • Exterior Features: Patio, Sidewalks
  • Foundation: Basement, Crawl
  • Frontage: 126
  • Road: Paved Street

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 3
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Sewer: Public Sanitary
  • Water: Public Water
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 010 01 0211 000
  • Zoning: Residential
  • Lot Dimensions: 126 x 162
  • Acreage: 0.46
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $9,371.71
  • Winter Tax: Year: 2019, Amount: $6,120.53
  • Taxable Value: 267567
  • Total Tax: Amount: $15,492.24
  • SEV Year: 2019

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Nov 16, 2020
Sold by
Darcy Stephen R and Darcy Deborah F
Bought by
Vallee Laurence S and Vallee Mara
Seller's Agent
Kay Agney
Higbie Maxon Agney Inc
Buyer's Agent
Panagiota Vasilos
Sine & Monaghan Realtors Real Living LLC GPF
List Price
$875,000
Sold Price
$770,000
Premium/Discount to List
-$105,000
-12%
Current Estimated Value
$1,068,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,833
Avg. Annual Appreciation
6.54%
Original Mortgage
$500,500
Outstanding Balance
$450,425
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$587,063
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
Vallee Laurence S $770,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vallee Laurence S $500,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2020 11/17/20 Sold $770,000 -3.6% $131 / Sq Ft
10/22/2020 10/22/20 Pending -- -- --
10/01/2020 10/01/20 Price Changed $799,000 -5.9% $136 / Sq Ft
07/09/2020 07/09/20 Price Changed $849,000 -3.0% $144 / Sq Ft
02/24/2020 02/24/20 For Sale $875,000 -- $149 / 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
2024 $13,948 $453,200 $0 $0
2023 $13,414 $434,500 $0 $0
2022 $21,009 $391,700 $0 $0
2021 $20,026 $360,200 $0 $0
2020 $15,827 $351,300 $0 $0
2019 $9,372 $328,600 $0 $0
2018 $9,210 $297,300 $0 $0
2017 $10,702 $296,000 $0 $0
2016 $14,591 $285,800 $0 $0
2015 $25,288 $259,600 $0 $0
2013 $24,600 $251,800 $0 $0
2012 -- $261,200 $39,100 $222,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50006513

Michigan Multiple Listing Service

APN: 40-010-01-0211-000