NOT LISTED FOR SALE

705 Lincoln Rd Grosse Pointe, MI 48230

Estimated Value: $538,000 - $856,000

5 Beds
2 Baths
2,900 Sq Ft
$238/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $740,000 $255 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $4,411/month

6 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Formal Dining Room
  • Richard Elementary School Rated A
  • Tudor Architecture
  • 2 Car Detached Garage

About This Home

As of June 2022

The Perfect home! This 5 bedroom home has been completely redone with the utmost attention to detail. It boasts top of the line designer finishes throughout the home. The main floor has an open concept with 2 sitting areas, a large dining room and a kitchen that showcases quartz countertops, stainless steel appliances, a coffee bar, pantry, and an island. Not to mention a first floor mud room and gorgeous half bath. The second floor features three nicely sized bedrooms and a spa-like master suite with an amazing bath. The bath has a shower and a relaxing soaking tub. The third floor has an amazing space that could function as a 5th bedroom, office or extra living space. The backyard has a new deck that is perfect for backyard entertaining. A few of the unseen updates include; new windows, new mechanicals, and newer roof.

Last Agent to Sell the Property

Panagiota Vasilos

Sine & Monaghan LLC License #MISPE-6506046473 Listed on: 04/20/2022

Sine & Monaghan LLC

Last Buyer's Agent

George Thomas

DOBI Real Estate License #6501306000

DOBI Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x152

Parking

  • 2 Car Detached Garage

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,900 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Grosse Pointe Colony Sub Cyb Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37001020504000

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,893

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Tudor
  • Structure Style: 2 Story
  • Total Tax Amount: 10893
  • Year Built: 1925
  • Mail City: Grosse Pointe
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Freezer, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace
  • Basement: Yes
  • Basement: Unfinished
  • Bedrooms: 5
  • Bedroom 1: On 2nd Floor, Dimensions: 12 x 17
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On 2nd Floor, Dimensions: 10 x 12
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On 2nd Floor, Dimensions: 12 x 10
  • Bedroom 3 Floor Covering: Carpet
  • Bedroom 4: On 2nd Floor, Dimensions: 23 x 18
  • Bedroom 4 Floor Covering: Carpet
  • Bedroom 5: On 3rd Floor, Dimensions: 19 x 23
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: Dimensions: 8 x 7, On Level: Second
  • Bathroom 2: Dimensions: 10 x 8, On Level: Second
  • Room Types: First Floor Laundry, Primary Bdrm Suite, Pantry, Formal Dining Room
  • Dining Room: On Entry Level, Dimensions: 14 x 11
  • Dining Room Floor Covering: Wood
  • Family Room: On Entry Level, Dimensions: 18 x 9
  • Family Room Floor Covering: Wood
  • Kitchen: On Entry Level, Dimensions: 18 x 14
  • Kitchen Floor Covering: Wood
  • Laundry: On Entry Level, Dimensions: 11 x 5
  • Living Room: On Entry Level, Dimensions: 15 x 18
  • Living Room Floor Covering: Wood
  • Below Grade Sq Ft: 600
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 2900
  • Total Finished Sq Ft: 2900

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Exterior Features: Deck
  • Foundation: Basement
  • Frontage: 50
  • Road: Paved Street
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public At Street
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 37001020504000
  • Zoning: Residential
  • Lot Dimensions: 50X152
  • Acreage: 0.17
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $5,692.00
  • Winter Tax: Year: 2021, Amount: $5,201.00
  • Total Tax: Amount: $10,893.00

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2023
Sold by
Palazzolo Sam Joseph
Bought by
Palazzolo Michael and Palazzolo Leah Lynn
Current Estimated Value
$690,612

Purchase Details

Listed on
Apr 20, 2022
Closed on
Aug 11, 2022
Sold by
Sam Palazzolo
Bought by
Palazzolo Sam Joseph and Palazzolo Michael
Seller's Agent
Panagiota Vasilos
Sine & Monaghan LLC
Buyer's Agent
George Thomas
DOBI Real Estate
List Price
$725,000
Sold Price
$740,000
Premium/Discount to List
$15,000
2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.02%
Original Mortgage
$570,000
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 20, 2022
Closed on
Jun 28, 2022
Sold by
Prince Christina L
Bought by
Palazzolo Sam
Seller's Agent
Panagiota Vasilos
Sine & Monaghan LLC
Buyer's Agent
George Thomas
DOBI Real Estate
List Price
$725,000
Sold Price
$740,000
Premium/Discount to List
$15,000
2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2020
Sold by
Sine & Monaghan Llc
Bought by
Prince Christine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2019
Sold by
Estate Of Mary Louise Nebel
Bought by
Sine & Monaghan Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Palazzolo Michael -- Twenty Two Title
Palazzolo Sam Joseph -- None Listed On Document
Palazzolo Sam $740,000 New Title Company Name
Prince Christine L $242,500 Ata National Title Group Llc
Sine & Monaghan Llc $200,000 Ata National Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palazzolo Sam Joseph $570,000
Previous Owner Prince Christine L $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2022 06/30/22 Sold $740,000 +2.1% $255 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $725,000 -- $250 / 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
2025 $9,251 $272,700 $0 $0
2024 $9,251 $267,900 $0 $0
2023 $8,290 $243,500 $0 $0
2022 $15,179 $233,000 $0 $0
2021 $10,893 $165,300 $0 $0
2019 $5,839 $147,900 $0 $0
2018 $3,556 $135,400 $0 $0
2017 $3,754 $133,800 $0 $0
2016 $5,351 $128,100 $0 $0
2015 $10,147 $116,200 $0 $0
2013 $9,830 $103,000 $0 $0
2012 -- $96,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Panagiota Vasilos

    Seller's Agent in 2022

    Panagiota Vasilos

    Sine & Monaghan LLC

    (313) 477-3124

    18 in this area

    197 Total Sales

    Panagiota Vasilos
    Section Image
  • George Thomas

    Buyer's Agent in 2022

    George Thomas

    DOBI Real Estate

    (248) 727-3856

    1 in this area

    121 Total Sales

    George Thomas
    Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50071297

Michigan Multiple Listing Service

APN: 37-001-02-0504-000

Michigan Wayne County Grosse Pointe 48230

705 Lincoln Rd, Grosse Pointe, MI

Not Listed for Sale

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Michigan Multiple Listing Service Source MLS: MiRealSource
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