NOT LISTED FOR SALE

78 Lake Shore Rd Grosse Pointe Farms, MI 48236

Estimated Value: $2,326,000 - $3,125,000

5 Beds
8 Baths
6,317 Sq Ft
$420/Sq Ft Est. Value

Last Sold April 11, 2017

Last sale price $1,865,000 $295 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $17,034/month

1 Day on Market

Highlights

  • 50 Feet of Waterfront
  • Second Garage
  • No HOA
  • Richard Elementary School Rated A
  • 0.6 Acre Lot
  • Covered patio or porch

About This Home

As of April 2017

PRICED FOR IMMED. SALE! Prestigious Waterfront entertaining near acclaimed GP Yacht Club! Historic grandeur, Hugh Keyes design; Stoneclad French Normandy elegance! Grill or smoke your fresh caught bass; enjoy gourmet pizza from the outdoor wood burning pizza oven! Timeless charm, state of the art updated technology, expect low maintenance costs. Entrance features sweeping staircase, curved hallways; Grand step-down living room overlooking Lake St. Clair, newer award-winning kitchen; family room with sky lights; heated floors. Multiple fireplaces, original light fixtures, 5 bedrooms in all, each with own bath, including spa with steam. Luxury 2-bed guesthouse with full kitchen, facing Lake Shore Rd. Watch the sailboat races, or the freighters float silently by on international waters from your sunbathed stone patio, 20 minutes from downtown! 8 ton Boat hoist, 7-10ft deep water! Grosse Pointe Farms marina, parks, tennis, pool, and other amenities. Secluded privacy. *Motivated Seller*

Last Agent to Sell the Property

Rey Collingwood

Real Estate One GPF License #6501388859 Listed on: 04/10/2017

Real Estate One GPF

Last Buyer's Agent

Dean Sine

Sine & Monaghan LLC License #6501233840

Sine & Monaghan LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1929 | Remodeled in 2010

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 132x212x189x126
  • 50 Feet of Waterfront
  • Lake Front
  • Historic Home

Home Design

  • Poured Concrete
  • Slate Roof
  • Stone Siding

Interior Spaces

  • 6,317 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Sound System
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Attic Fan
  • Security System Owned
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Sump Pump
  • Crawl Space

Parking

  • 3 Car Attached Garage
  • Second Garage
  • Heated Garage
  • Workshop in Garage
  • Garage Door Opener

Outdoor Features

  • Seawall
  • Covered patio or porch
  • Exterior Lighting
  • Shed

Utilities

  • Humidifier
  • Forced Air Zoned Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 38015030010000

Community Details

Overview

  • No Home Owners Association
  • Assr's Grosse Pointe Farms Plat No 1 Subdivision

Amenities

  • Community Barbecue Grill

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,209

Year Built

Built in 1929 | Remodeled in 2010

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Historic
  • Architecture Level: 2 Story
  • Year Built: 1929
  • Year Renovated: 2010
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Central Vacuum, Humidifier, Intercom, Security Alarm (owned), Sound System, Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Dining Room, Living Room
  • Room Count: 25
  • Total Bedrooms: 5
  • Total Bathrooms: 5.30
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Sq Ft Combined: 7067
  • Sq Ft Lower Floor: 750
  • Total Sq Ft: 6317
  • Sq Ft Total Bsmt: 2524

Exterior Features

  • Roof Material: Slate
  • Waterfront Name: Lake St. Clair
  • Waterfront: Yes
  • Foundation Details: Basement, Crawl
  • Construction Materials: Stone
  • Exterior Features: BBQ Grill, Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 132
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved
  • Water Frontage Feet: 50.00
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Door Opener, Heated, Workshop
  • Garage: Yes

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Cooling: Attic Fan, Central Air
  • Heating: Baseboard, Forced Air, Hot Water, Zoned
  • Sewer: Sewer at Street
  • Water Heater Fuel: Electric, Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Grosse Pointe

Lot Info

  • Homestead: Yes
  • List Price per Acre: 3333333.3333
  • Lot Size Area: 0.60
  • Lot Dimensions: 132X212X189X126
  • Parcel Number: 38015030010000

Tax Info

  • Tax Amount Summer: 16139.0000
  • Tax Amount Winter: 14070.0000
  • Total Tax: 30209.0000

Multi Family

  • Waterfront Features: Sea Wall

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2017
Closed on
Mar 1, 2017
Sold by
Sidlek Gail Thomas
Bought by
78 Lsr Llc
Seller's Agent
Rey Collingwood
Real Estate One GPF
Buyer's Agent
Dean Sine
Sine & Monaghan LLC
Sold Price
$1,865,000
Current Estimated Value
$2,651,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$786,457
Avg. Annual Appreciation
4.89%

Purchase Details

Closed on
Nov 17, 2009
Sold by
Sidlek Laura Doris and Sidlek Gail Thomas
Bought by
Sidlek Gail Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
4.78%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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
78 Lsr Llc -- Bankers Title Settlement
78 Lsr Llc -- None Available
Sidlek Gail Thomas -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 78 Lsr Llc $1,100,500
Previous Owner 78 Lsr Llc $720,000
Previous Owner 78 Lsr Llc $720,000
Previous Owner 78 Lsr Llc $500,000
Previous Owner Sidlek Gail Thomas $938,250
Previous Owner Sidlek Gail Thomas $275,000
Previous Owner Sidlek Gail T $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2017 04/11/17 Sold $1,865,000 0.0% $295 / Sq Ft
04/10/2017 04/10/17 Off Market $1,865,000 -- --
08/01/2016 08/01/16 Rented $2,200 0.0% --
07/07/2016 07/07/16 Under Contract -- -- --
06/19/2016 06/19/16 For Rent $2,200 -- --
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
2024 $27,155 $1,426,800 $0 $0
2023 $24,877 $1,348,800 $0 $0
2022 $24,877 $1,208,000 $0 $0
2021 $45,650 $1,180,600 $0 $0
2019 $42,447 $896,800 $0 $0
2018 $21,722 $808,600 $0 $0
2017 $30,485 $797,900 $0 $0
2016 $31,957 $747,000 $0 $0
2015 $63,297 $633,000 $0 $0
2013 $61,320 $613,200 $0 $0
2012 $15,904 $613,200 $283,700 $329,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217027312

Realcomp

APN: 38-015-03-0010-000