NOT LISTED FOR SALE

776 Harcourt Rd Unit 78 Grosse Pointe Park, MI 48230

Estimated Value: $504,904 - $563,000

4 Beds
4 Baths
3,204 Sq Ft
$167/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $455,000 $142 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,340/month

13 Days on Market

Highlights

  • Colonial Architecture
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Pierce Middle School Rated A

About This Home

As of June 2022

Large Windmill Pointe Subdivision duplex a stones throw from Lake St Clair! One of the larger 2 unit buildings in the area, 776 Harcourt consists of an upper and lower flat, each apartment measures over 1,500' SF and contains 2 bedrooms, 2 full bathrooms, lovely living room, family room (could be 3rd bedroom), separate private basements with laundry and additional half bath, 3 car garage parking, and central AC. New furnaces for both units, new roof, and updated windows! Strong income potential with comparable apartments renting for $2,200- $2,500/ month. Potential gross monthly income of $4,400- $5,000/ month. Enjoy single floor living while generating a strong passive rental income from the other apartment to cover your property carrying costs! Tenants pay heat & electric. Walk to 2 waterfront parks with movie theaters, fitness center, gymnasium, boat wells, pools, and much more!

Last Agent to Sell the Property

Jimmy Saros

Jim Saros Real Estate Services License #6501398798 Listed on: 04/27/2022

Last Buyer's Agent

Amy Surdu

O'Connor Realty Detroit, LLC License #6501340966

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50.00x146.40

Home Design

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

Interior Spaces

  • 4 Full Bathrooms
  • 3,204 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 39006040030000
  • $10,000 Seller Concession

Community Details

Overview

  • 2 Units
  • Lakeview Estates Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,696

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1950
  • State Equalized Value: 177300.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished, Private
  • Sq Ft Combined: 3204
  • Total Sq Ft: 3204
  • Sq Ft Total Bsmt: 1600

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Water at Street

Schools

  • School District: Grosse Pointe

Lot Info

  • Lot Size Area: 0.17
  • Lot Dimensions: 50.00X146.40
  • Parcel Number: 39006040030000
  • Zone Conform: Yes
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Rent Includes: Water/Sewer, Snow Removal, Trash Collection (Garbage Pickup), Water, Yard Maintenance
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 5000

Tax Info

  • Tax Amount Summer: 3768.0000
  • Tax Amount Winter: 4928.0000
  • Total Tax: 8696.0000
  • Taxable Value: 149513.0000

Multi Family

  • Gross Scheduled Income: 60000.00
  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jun 30, 2022
Sold by
Chen Clark K and Chen Irene K
Bought by
Woods Shannon
Seller's Agent
Jimmy Saros
Jim Saros Real Estate Services
Buyer's Agent
Amy Surdu
O'Connor Realty Detroit, LLC
List Price
$449,000
Sold Price
$455,000
Premium/Discount to List
$6,000
1.34%
Current Estimated Value
$535,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,976
Avg. Annual Appreciation
5.37%
Original Mortgage
$471,380
Outstanding Balance
$452,230
Interest Rate
5.25%
Mortgage Type
VA
Estimated Equity
$83,746

Purchase Details

Listed on
Jan 25, 2018
Closed on
May 7, 2018
Sold by
Smith Kevin G
Bought by
Chen Clark
Seller's Agent
Julie Ahee
Sine & Monaghan LLC
Buyer's Agent
Kate Hayman
KW Domain
List Price
$389,900
Sold Price
$350,000
Premium/Discount to List
-$39,900
-10.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%
Original Mortgage
$280,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2012
Sold by
Smith Susan E and Smith Gordon W
Bought by
Smith Susan E and Smith Family Revocable Trust Agreement

Purchase Details

Closed on
Jun 26, 2003
Sold by
Comerica Bank
Bought by
Smith Gordon W
Source: Public Records

Range of Values:

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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
Woods Shannon $455,000 Chirco Title Agency
Chen Clark $350,000 Ata National Title Group Llc
Smith Susan E -- None Available
Smith Gordon W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woods Shannon $471,380
Previous Owner Chen Irene $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $455,000 +1.3% $142 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $449,000 +28.3% $140 / Sq Ft
05/10/2018 05/10/18 Sold $350,000 -7.9% $109 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
03/06/2018 03/06/18 Price Changed $379,900 -2.6% $119 / Sq Ft
01/25/2018 01/25/18 For Sale $389,900 -- $122 / 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 $5,023 $211,200 $0 $0
2024 $5,023 $203,200 $0 $0
2023 $4,796 $192,800 $0 $0
2022 $3,833 $181,700 $0 $0
2021 $8,695 $177,300 $0 $0
2019 $8,691 $144,700 $0 $0
2018 $2,670 $122,300 $0 $0
2017 $6,250 $82,100 $0 $0
2016 $5,716 $121,700 $0 $0
2015 $9,992 $115,200 $0 $0
2013 $9,680 $98,400 $0 $0
2012 $2,757 $103,900 $39,600 $64,300
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Saros

    Seller's Agent in 2022

    Jimmy Saros

    Jim Saros Real Estate Services

    (313) 729-7857

    44 in this area

    239 Total Sales

    Section Image

  • A

    Buyer's Agent in 2022

    Amy Surdu

    O'Connor Realty Detroit, LLC

    Section Image

  • J

    Seller's Agent in 2018

    Julie Ahee

    Sine & Monaghan LLC

    Section Image
  • Kate Hayman

    Buyer's Agent in 2018

    Kate Hayman

    KW Domain

    (248) 330-0534

    1 in this area

    218 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 2220028994

Realcomp

APN: 39-006-04-0030-000

Michigan Wayne County Grosse Pointe Park 48230

776 Harcourt Rd Unit 78, Grosse Pointe Park, MI

This home is located at 776 Harcourt Rd Unit 78, Grosse Pointe Park, MI 48230 since 27 April 2022 and is currently estimated at $535,976, approximately $167 per square foot. This property was built in 1950. 776 Harcourt Rd Unit 78 is a home located in Wayne County with nearby schools including Pierce Middle School, Grosse Pointe South High School, and Detroit Merit Charter Academy.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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