Seller's Agent in 2021
Dennis Andrus
Sine & Monaghan LLC
(313) 919-1111
3 in this area
28 Total Sales
625 Lake Shore Rd Grosse Pointe Shores, MI 48236
Estimated Value: $2,846,000 - $3,459,514
6
Beds
6
Baths
10,900
Sq Ft
$285/Sq Ft
Est. Value
Highlights
- Waterfront
- 2.4 Acre Lot
- Fireplace in Primary Bedroom
- John Monteith Elementary School Rated A-
- Colonial Architecture
- Wood Flooring
About This Home
As of March 2021Historic Georgian Home with a 21st Century Wrap. Superb lake front historic Georgian with magnificent views of Lake St. Clair. The property underwent a major whole house renovation in 2017, by Ed Russell Development Company. Like new construction with state of the art technology – home automation system, heated outdoor steps (front and rear), and a submerged generator big enough to power both the home and the carriage house. Some of the many amenities include: new elevator, 10’ ft high ceilings, finished lower level with family room and gym, hardwood floors, exquisite moldings, and the best high-end materials inside and out. The property includes a 2,400 sq ft carriage house over a 6 car heated garage, a private backyard, bluestone porches, and patios, a beautiful circular driveway, and a large heated front porch with uninterrupted views of the lake. The 2.4 acres of property is completely landscaped and is one of the largest pieces of land in the area.
Last Agent to Sell the Property
Sine & Monaghan LLC License #MISPE-6502358794 Listed on: 08/21/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1909
Lot Details
- 2.4 Acre Lot
- Lot Dimensions are 152x765
- Waterfront
- Sprinkler System
Home Design
- Colonial Architecture
Interior Spaces
- 2-Story Property
- Wet Bar
- Bar Fridge
- Gas Fireplace
- Great Room with Fireplace
- Living Room with Fireplace
- Wood Flooring
- Finished Basement
- Exterior Basement Entry
- Home Security System
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- 6 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 6 Car Detached Garage
- Heated Garage
- Garage Door Opener
Outdoor Features
- Patio
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 74-003-99-0007-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 21, 2020
Closed on
Mar 18, 2021
Sold by
Liggett Victoria Lynne and Victoria Lynne Liggett Trust
Bought by
Leonard J Salvaggio Revocable Trust
Seller's Agent
Dennis Andrus
Sine & Monaghan LLC
Buyer's Agent
Douglas Rahaim
DOBI Real Estate
List Price
$3,795,000
Sold Price
$3,000,000
Premium/Discount to List
-$795,000
-20.95%
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
-$6,984
Avg. Annual Appreciation
-1.87%
Original Mortgage
$2,550,000
Outstanding Balance
$2,320,310
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$439,569
Purchase Details
Closed on
Nov 12, 2019
Sold by
Liggett Victoria L and Liggett Robert G
Bought by
Liggett Victoria Lynne and Victoria Lynne Liggett Trust
Purchase Details
Closed on
Aug 14, 2003
Sold by
Liggett Robert G
Bought by
Liggett Robert G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.37%
Mortgage Type
Unknown
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Leonard J Salvaggio Revocable Trust | -- | First American Title | |
| Liggett Victoria Lynne | -- | None Available | |
| Liggett Robert G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Leonard J Salvaggio Revocable Trust | $2,550,000 | |
| Previous Owner | Liggett Robert G | $980,000 | |
| Previous Owner | Liggett Robert G | $1,000,000 | |
| Previous Owner | Liggett Robert G | $900,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/19/2021 03/19/21 | Sold | $3,000,000 | -19.9% | $275 / Sq Ft |
| 02/10/2021 02/10/21 | Pending | -- | -- | -- |
| 12/21/2020 12/21/20 | Price Changed | $3,745,000 | -1.3% | $344 / Sq Ft |
| 08/31/2020 08/31/20 | For Sale | $3,795,000 | -- | $348 / Sq Ft |
Source: Michigan Multiple Listing Service
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 | $34,290 | $1,848,900 | $0 | $0 |
| 2024 | $34,290 | $1,811,400 | $0 | $0 |
| 2023 | $34,290 | $1,661,600 | $0 | $0 |
| 2022 | $34,290 | $1,667,600 | $0 | $0 |
| 2021 | $34,290 | $1,619,900 | $0 | $0 |
| 2019 | $34,909 | $1,534,100 | $0 | $0 |
| 2018 | $22,181 | $1,385,400 | $0 | $0 |
| 2017 | $22,583 | $1,370,500 | $0 | $0 |
| 2016 | $33,561 | $1,364,900 | $0 | $0 |
| 2015 | $61,049 | $630,500 | $0 | $0 |
| 2013 | $59,141 | $606,430 | $0 | $0 |
| 2011 | -- | $656,310 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Douglas Rahaim
DOBI Real Estate
(313) 590-5794
3 in this area
121 Total Sales
Map
Source: Michigan Multiple Listing Service
MLS Number: 50021543
APN: 74-003-99-0007-000
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