NOT LISTED FOR SALE

60 Lake Shore Rd Grosse Pointe Farms, MI 48236

Estimated Value: $2,014,000 - $4,816,000

-- Bed
2 Baths
7,830 Sq Ft
$470/Sq Ft Est. Value

About This Home

This home is located at 60 Lake Shore Rd, Grosse Pointe Farms, MI 48236 and is currently estimated at $3,678,709, approximately $469 per square foot. 60 Lake Shore Rd is a home located in Wayne County with nearby schools including Richard Elementary School, Brownell Middle School, and Grosse Pointe South High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2024
Sold by
Kaiser Robert S
Bought by
Kaiser Robert S and Kaiser Tanya L
Current Estimated Value
$3,678,709

Purchase Details

Closed on
Apr 20, 2022
Sold by
Backer Joseph
Bought by
Kaiser Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2020
Sold by
Cotton Michael D and Cotton Lisa M
Bought by
Backer Joseph

Purchase Details

Closed on
Aug 8, 2012
Sold by
5 Lakeshore Llc
Bought by
Cotton Michael D and Cotton Lisa M

Purchase Details

Closed on
May 10, 2002
Sold by
Posselius Barbara M and Wulfmeier Barbara P
Bought by
Grosse Pointe War Memorial Assn
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Kaiser Robert S -- None Listed On Document
Kaiser Robert S -- None Listed On Document
Backer Joseph $3,000,000 Ata National Title
Cotton Michael D -- None Available
Grosse Pointe War Memorial Assn -- Title Source Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kaiser Robert S $2,000,000
Previous Owner Backer Joseph $500,000
Previous Owner Backer Joseph $1,000,000
Previous Owner Cotton Michael D $1,458,100
Previous Owner Cotton Michael $4,000,000
Previous Owner Grosse Pointe War Memorial Assn $5,000,000
Source: Public Records

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 $61,903 $2,348,900 $0 $0
2023 $52,743 $2,210,600 $0 $0
2022 $52,743 $1,981,500 $0 $0
2021 $97,784 $1,938,000 $0 $0
2019 $85,033 $1,820,700 $0 $0
2018 $43,516 $1,771,100 $0 $0
2017 $75,504 $1,769,100 $0 $0
2016 $79,148 $1,715,500 $0 $0
2015 $156,769 $1,567,700 $0 $0
2013 $76,400 $764,000 $0 $0
2012 -- $1,528,000 $1,528,000 $0
Source: Public Records

Map

Michigan Wayne County Grosse Pointe Farms 48236

60 Lake Shore Rd, Grosse Pointe Farms, MI

This home is located at 60 Lake Shore Rd, Grosse Pointe Farms, MI 48236 and is currently estimated at $3,678,709, approximately $469 per square foot. 60 Lake Shore Rd is a home located in Wayne County with nearby schools including Richard Elementary School, Brownell Middle School, and Grosse Pointe South High School.

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