Seller's Agent in 2025
Eric Meldrum
EXP Realty Main
(734) 707-6537
1 in this area
98 Total Sales
59 Lake Shore Rd Grosse Pointe Farms, MI 48236
5
Beds
3.5
Baths
3,510
Sq Ft
0.76
Acres
Highlights
- 0.76 Acre Lot
- Ground Level Unit
- 2 Car Detached Garage
- Richard Elementary School Rated A
- No HOA
- Forced Air Heating System
About This Home
As of May 2025An original Mason & Rice mansion built in 1892. This Victorian beauty perfectly blends original charm, renowned craftsmanship, and modern living. Sitting only a stone's throw away from Lake St. Clair, this three-story gem with a two-car garage is a dream home for those who would love to own a piece of history. The home features an updated gourmet kitchen, stainless steel Wolf appliances, a huge island, and plenty of cupboard space; it’s a chef’s dream kitchen. The first-floor office, located in the turret, features beautiful bench seating, wood floors, and a spectacular view of the patio and grounds. On the third floor, you will find more than enough space for a studio apartment with a bedroom, living area, and workspace. Best of all, you can see Lake St. Clair out the Northeast windows. All of this sits under one roof, on nearly one acre, all fenced in with a wrought iron gate. The home, which has been lovingly restored and improved over the years, includes a Generac Generator System, refinished hardwood floors, new dishwasher, renovated primary bathroom, renovated guest ensuite bathroom, new “Smart” Bryant furnace for the main floor, new furnace for the third floor, installed a whole home aroma system, replaced burners on central floor fireplaces, new patio door, new Anderson windows (preserved the lead glass windows in the dining room & main staircase), new roof,new gutters, and new garage doors. This historic home has too many features to list. So instead, you must see for yourself the grandeur it offers; an original beauty with deep-seated history right on Lake Shore Drive.
Last Agent to Sell the Property
EXP Realty Main License #6501409499 Listed on: 05/22/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1892
Lot Details
- 0.76 Acre Lot
- Lot Dimensions are 214.2x155.22
- Historic Home
Parking
- 2 Car Detached Garage
Home Design
- Brick Foundation
- Stone Siding
Interior Spaces
- 3,510 Sq Ft Home
- 3-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 5 Bedrooms
Location
- Ground Level Unit
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Radiant Heating System
Community Details
- No Home Owners Association
- Lake Shore Subdivision
Listing and Financial Details
- Assessor Parcel Number 38015990013001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 22, 2025
Closed on
May 30, 2025
Sold by
Purdon Gary and Purdon Barbara
Bought by
Risch Eric and Risch Wendy
Seller's Agent
Eric Meldrum
EXP Realty Main
Buyer's Agent
Eric Meldrum
EXP Realty Main
List Price
$1,255,000
Sold Price
$1,255,000
Views
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,853
Avg. Annual Appreciation
0.59%
Original Mortgage
$753,000
Outstanding Balance
$750,415
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$508,438
Purchase Details
Closed on
Aug 24, 2007
Sold by
Manetta Margaret A and Manetta Richard L
Bought by
Reynolds Richard
Purchase Details
Closed on
Jan 12, 2002
Sold by
Manetta Richard L and Manetta Margaret A
Bought by
Manetta Margaret A and The Margaret A Manetta Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,255,000 | Title Solutions | |
| Warranty Deed | $1,255,000 | Title Solutions | |
| Warranty Deed | $875,000 | Greco | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $753,000 | New Conventional | |
| Closed | $753,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/30/2025 05/30/25 | Sold | $1,255,000 | 0.0% | $358 / Sq Ft | |
| 05/22/2025 05/22/25 | Pending | -- | -- | -- | |
| 05/22/2025 05/22/25 | For Sale | $1,255,000 | +94.6% | $358 / Sq Ft | |
| 08/06/2020 08/06/20 | Sold | $645,000 | -7.7% | $147 / Sq Ft | View Prior Sale |
| 08/05/2020 08/05/20 | Pending | -- | -- | -- | |
| 06/12/2020 06/12/20 | For Sale | $699,000 | +60.7% | $159 / Sq Ft | |
| 09/12/2014 09/12/14 | Sold | $435,000 | -3.1% | $216 / Sq Ft | View Prior Sale |
| 08/11/2014 08/11/14 | Pending | -- | -- | -- | |
| 08/07/2014 08/07/14 | For Sale | $449,000 | -- | $223 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $11,053 | $447,100 | $0 | $0 |
| 2024 | $11,053 | $421,400 | $0 | $0 |
| 2023 | $10,125 | $410,700 | $0 | $0 |
| 2022 | $10,125 | $380,400 | $0 | $0 |
| 2021 | $18,694 | $370,500 | $0 | $0 |
| 2019 | $19,681 | $354,000 | $0 | $0 |
| 2018 | $8,080 | $343,600 | $0 | $0 |
| 2017 | $14,020 | $338,200 | $0 | $0 |
| 2016 | $14,697 | $324,500 | $0 | $0 |
| 2015 | $29,110 | $316,600 | $0 | $0 |
| 2013 | $28,200 | $282,000 | $0 | $0 |
| 2012 | $7,354 | $276,500 | $165,000 | $111,500 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Meldrum
-
Mark Monaghan
Seller's Agent in 2020
Mark Monaghan
Sine & Monaghan LLC
(313) 402-6998
26 in this area
129 Total Sales
-
Matt O'Laughlin
Buyer's Agent in 2020
Matt O'Laughlin
@Properties Detroit
(313) 590-4256
125 Total Sales
-
Beline Obeid
Seller's Agent in 2014
Beline Obeid
Beline Obeid Realty
(313) 343-0100
14 in this area
162 Total Sales
Map
Source: Realcomp
MLS Number: 20251001475
APN: 38-015-99-0013-001
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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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