NOT LISTED FOR SALE

724 Lincoln Rd Grosse Pointe, MI 48230

Estimated Value: $564,000 - $620,000

4 Beds
2 Baths
3,439 Sq Ft
$171/Sq Ft Est. Value

Last Sold September 12, 2022

Last sale price $495,000 $144 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,001/month

50 Days on Market

Highlights

  • Cathedral Ceiling
  • Wood Flooring
  • Tudor Architecture
  • Richard Elementary School Rated A
  • Main Floor Bedroom
  • Great Room

About This Home

As of September 2022

Tudorific! Not only does this ooze charm and character from the curb, this home has a 2 bedrooms on the first floor for all those empty nesters looking to downsize! Vaulted ceiling in the living room makes for a dramatic entry with natural fireplace and beautiful hardwood floors. Formal dining room just off of the kitchen which was recently updated and very functional. HUGE family room off of the back of the house and off of the kitchen makes for a large gathering space and perfect for entertaining. Two bedrooms with full bath on main floor, large bedroom with walk in closet. Two additional bedrooms on upper floor with adjoining Jack and Jill bath. Lovely backyard with patio and private backyard perfect for any gardener or BBQS and family fun. Great walkability to the schools, Richard-Brownell-South, the Village and the Hill and all the Markets!

Last Agent to Sell the Property

Shana Sine-Cameron

Sine & Monaghan LLC License #MISPE-6501257894 Listed on: 06/29/2022

Sine & Monaghan LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50x165

Parking

  • 2 Car Garage

Home Design

  • Tudor Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 37001020495000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,355

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Tudor
  • Structure Style: 1 1/2 Story
  • Year Built: 1926
  • Mail City: Grosse Pointe
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cathedral/Vaulted Ceiling, Hardwood Floors, Walk-In Closet
  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace, LivRoom Fireplace, Natural Fireplace
  • Basement: Yes
  • Basement: Partially Finished
  • Bedrooms: 4
  • Bedroom 1: On 1st Floor, Dimensions: 16 x 11
  • Bedroom 2: On 1st Floor, Dimensions: 13 x 11
  • Bedroom 3: On 2nd Floor, Dimensions: 15 x 15
  • Bedroom 4: On 2nd Floor, Dimensions: 19 x 11
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 14 x 7, On Level: First
  • Bathroom 2: Dimensions: 10 x 6, On Level: Second
  • Room Types: Family Room, First Floor Bedroom, First Flr Primary Bedroom, Great Room, Living Room, Primary Bedroom, First Flr Full Bathroom, Formal Dining Room
  • Dining Room: On 1st Floor, Dimensions: 16 x 12
  • Family Room: On 1st Floor, Dimensions: 35 x 19
  • Kitchen: On 1st Floor, Dimensions: 13 x 10
  • Living Room: On 1st Floor, Dimensions: 20 x 13
  • Below Grade Sq Ft: 1700
  • Finished Below Grade Sq Ft: 800
  • Above Grade Finished Sq Ft: 2639
  • Total Finished Sq Ft: 3439

Exterior Features

  • Exterior: Brick
  • Exterior Features: Patio, Porch, Sidewalks
  • Foundation: Basement
  • Frontage: 50
  • Road: Curbed, Paved Street

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

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

Lot Info

  • Assessor Parcel Number: 37001020495000
  • Lot Dimensions: 50X165
  • Acreage: 0.19
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $5,677.00
  • Winter Tax: Year: 2021, Amount: $2,677.00
  • Taxable Value: 164863
  • Total Tax: Year: 2021, Amount: $8,355.00
  • SEV Year: 2021

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
Aug 31, 2022
Sold by
Hanley Jr John A and Hanley Karen L
Bought by
Ferency John and Ferency Nancy
Seller's Agent
Shana Sine-Cameron
Sine & Monaghan LLC
List Price
$525,000
Sold Price
$495,000
Premium/Discount to List
-$30,000
-5.71%
Views
3
Current Estimated Value
$587,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,838
Avg. Annual Appreciation
6.40%
Original Mortgage
$340,000
Outstanding Balance
$326,023
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$261,815

Purchase Details

Closed on
Feb 4, 2020
Sold by
Hanley John A and Hanley Karen L
Bought by
Henley John A and Henley Karen L

Purchase Details

Closed on
Apr 8, 2004
Sold by
Hanley John A and Hanley Karen L
Bought by
Hanley John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,400
Interest Rate
5.66%
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 Buyer Sale Price Title Company
Ferency John $495,000 Ata National Title
Henley John A -- None Available
Hanley John A -- Nations Title Agency Of Mi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferency John $340,000
Previous Owner Hanley John A $125,000
Previous Owner Hanley John A $240,144
Previous Owner Hanley John A $95,000
Previous Owner Hanley John A $297,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2022 09/12/22 Sold $495,000 -1.0% $144 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
07/29/2022 07/29/22 Price Changed $499,900 -4.8% $145 / Sq Ft
06/29/2022 06/29/22 For Sale $525,000 -- $153 / 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
2024 $8,711 $268,300 $0 $0
2023 $8,307 $244,000 $0 $0
2022 $8,811 $233,500 $0 $0
2021 $8,355 $223,700 $0 $0
2019 $8,678 $200,500 $0 $0
2018 $5,284 $176,400 $0 $0
2017 $5,578 $174,200 $0 $0
2016 $7,952 $166,400 $0 $0
2015 $15,080 $150,800 $0 $0
2013 $15,491 $164,500 $0 $0
2012 -- $151,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50080693

Michigan Multiple Listing Service

APN: 37-001-02-0495-000