$490,000
SOLD FEB 21, 2020

615 University Place Grosse Pointe, MI 48230

4 Beds
4 Baths
2,500 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$196 Per Sq Ft

1% Below List Price

15 Days on Market

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • Double Oven
  • Lewis Maire Elementary School Rated A
  • No HOA
  • Bar Fridge

About This Home

As of February 2020

Beautifully updated colonial features gorgeous new kitchen, modern open floor plan, & spacious family room, leading out to a pleasant patio & newly landscaped fenced-in yard. New & refinished hardwood floors span through the open concept first floor, flooded with natural light via over-sized windows. Convenience of a 2-car garage, attached by covered entry, mud room, new first floor powder room & gas fireplace in living room. Upper level with 4 bedrooms and 2 full baths. Additional living space in the newly finished basement, with half bath & large laundry room with plentiful storage space & cedar closet. New roof in 2017. Stellar location, walking distance to shops & restaurants in The Village & The Hill, as well as local Parks, Schools, and Library. Short drive to Downtown Detroit, and resident-only access to the very lovely Grosse Pointe City Park located on Lake St. Clair, featuring Pools, Marina, Playground and outstanding seasonal programming for residents and their guests.

Last Agent to Sell the Property

Lara Miller

Jim Saros Real Estate Services License #6501398364 Listed on: 01/10/2020

Last Buyer's Agent

Jonathan Foukes

Move Realty LLC License #RCO-6504393425

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1954 | Remodeled in 2017

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60.00x133.00
  • Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Bar Fridge
  • Gas Fireplace
  • Living Room with Fireplace
  • Partially Finished Basement

Kitchen

  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 37003070018000

Community Details

Overview

  • No Home Owners Association
  • Grosse Pointe Colony Sub Cys Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,075

Year Built

Built in 1954 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1954
  • State Equalized Value: 194000.0000
  • Year Renovated: 2017
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Room Count: 16
  • Total Bedrooms: 4
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Bar Fridge, Gas Cooktop, Dishwasher, Disposal, Dryer, Double Oven, Range Hood, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 2848
  • Sq Ft Lower Floor: 348
  • Total Sq Ft: 2500
  • Sq Ft Total Bsmt: 1056

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exclusions: Yes
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 60
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Grosse Pointe

Lot Info

  • Homestead: Yes
  • List Price per Acre: 2750000.0000
  • Lot Size Area: 0.18
  • Lot Dimensions: 60.00X133.00
  • Parcel Number: 37003070018000

Tax Info

  • Tax Amount Summer: 6737.0000
  • Tax Amount Winter: 3338.0000
  • Total Tax: 10075.0000
  • Taxable Value: 189758.0000

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2020
Closed on
Feb 21, 2020
Sold by
Terry Bradford W and Terry Nicole L
Bought by
Jennings Patrick and Jennings Suzanne
Seller's Agent
Lara Miller
Jim Saros Real Estate Services
Buyer's Agent
Jonathan Foukes
Move Realty LLC
List Price
$495,000
Sold Price
$490,000
Premium/Discount to List
-$5,000
-1.01%
Current Estimated Value
$663,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,099
Avg. Annual Appreciation
5.66%
Original Mortgage
$294,000
Outstanding Balance
$211,519
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$452,807

Purchase Details

Listed on
Jul 15, 2016
Closed on
Sep 13, 2016
Sold by
Schrom Donald R and Schrom Virginia Claire
Bought by
Terry Bradford W
Seller's Agent
John D. Hoben
Sine & Monaghan LLC
Buyer's Agent
Christine Fikany Tracy
James R. Fikany Real Estate Co
List Price
$389,000
Sold Price
$374,250
Premium/Discount to List
-$14,750
-3.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%
Original Mortgage
$327,750
Interest Rate
3.43%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $490,000 Interstate Title Inc
Warranty Deed $374,250 Greco Title Agency Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $294,000 New Conventional
Previous Owner $89,500 Credit Line Revolving
Previous Owner $327,750 New Conventional
Previous Owner $50,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2020 02/21/20 Sold $490,000 -1.0% $196 / Sq Ft
01/25/2020 01/25/20 Pending -- -- --
01/10/2020 01/10/20 For Sale $495,000 +32.3% $198 / Sq Ft
09/13/2016 09/13/16 Sold $374,250 -3.8% $121 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $389,000 -- $125 / 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 $7,977 $272,100 $0 $0
2024 $7,977 $272,600 $0 $0
2023 $7,607 $254,400 $0 $0
2022 $11,010 $212,800 $0 $0
2021 $13,701 $207,900 $0 $0
2019 $10,320 $194,000 $0 $0
2018 $6,284 $181,500 $0 $0
2017 $6,634 $186,600 $0 $0
2016 $8,367 $178,300 $0 $0
2015 $15,866 $161,800 $0 $0
2013 $15,370 $161,900 $0 $0
2012 -- $150,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200002828

Realcomp

APN: 37-003-07-0018-000