NOT LISTED FOR SALE

Estimated Value: $588,824 - $718,000

3 Beds
2.5 Baths
2,604 Sq Ft
$247/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $518,000 $199 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,590/month

164 Days on Market

Highlights

  • Lake Privileges
  • Ranch Style House
  • 2 Car Attached Garage
  • John Monteith Elementary School Rated A-
  • No HOA
  • Patio

About This Home

As of January 2020

Great location in Grosse Pointe Shores. This immaculate ranch is located just a short walk to the lake. The perfect home for entertaining with a circular floor plan and incredible lower level. This home features 3 bedrooms 2.1 baths, master bedroom with full bath, family room, paneled den/library, living room with natural fireplace, and first floor laundry. Attached 2 car heated garage, newer windows, updated furnace/air conditioning, whole house generator, two brick paver patios, and professionally landscaped private backyard. The lower level is like having a second home, this custom finished space features an oak bar, wine storage for over 1,000 bottles, separate private tasting room, natural fireplace, full kitchen, and bathroom. Move-in ready home in a fantastic location. Stone's throw from the Lake, Yacht Club, and Shores Park.

Last Agent to Sell the Property

Dean Sine

Sine & Monaghan LLC License #6501233840 Listed on: 07/15/2019

Sine & Monaghan LLC

Last Buyer's Agent

Cheryl Rusin

License #6501394753

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 105.00x120.00

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,604 Sq Ft Home
  • Living Room with Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Lake Privileges
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Whole House Permanent Generator
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 74003060209002

Community Details

Overview

  • No Home Owners Association
  • Lake Shore Lane Sub G.Pte Shrs Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,845

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1950
  • State Equalized Value: 216200.0000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 13
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 5082
  • Sq Ft Lower Floor: 2478
  • Total Sq Ft: 2604
  • Sq Ft Total Bsmt: 2478

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lake St. Clair
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Whole House Generator
  • Foundation Materials: Block
  • Frontage Feet: 105
  • Porch Type: Patio
  • Road Frontage Type: Paved
  • Waterfront Description: Lake Privileges, Lake/River Priv

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Door Opener, Electricity, Heated
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Grosse Pointe

Lot Info

  • List Price per Acre: 1810000.0000
  • Lot Size Area: 0.29
  • Lot Dimensions: 105.00X120.00
  • Parcel Number: 74003060209002

Tax Info

  • Tax Amount Summer: 6458.0000
  • Tax Amount Winter: 5387.0000
  • Total Tax: 11845.0000
  • Taxable Value: 183674.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2019
Closed on
Feb 14, 2020
Sold by
Cormany David W and Cormany Sally R
Bought by
Cormany David W and Cormany Sally R
Seller's Agent
Dean Sine
Sine & Monaghan LLC
Buyer's Agent
Cheryl Rusin
List Price
$674,900
Sold Price
$518,000
Premium/Discount to List
-$156,900
-23.25%
Current Estimated Value
$642,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,206
Avg. Annual Appreciation
5.46%
Original Mortgage
$268,000
Interest Rate
3.72%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jul 15, 2019
Closed on
Jan 31, 2020
Sold by
Sullivan Timothy R and Sullivan Sandra K
Bought by
Cormany David W and Cormany Sally R
Seller's Agent
Dean Sine
Sine & Monaghan LLC
Buyer's Agent
Cheryl Rusin
List Price
$674,900
Sold Price
$518,000
Premium/Discount to List
-$156,900
-23.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
3.72%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 15, 2011
Sold by
Sullivan Timothy R and Sullivan Sandra K
Bought by
Sullivan Timothy R and Sullivan Sandra K

Purchase Details

Closed on
Aug 1, 2008
Sold by
Houston Charles O and Houston Sarah F
Bought by
Sullivan Timothy R

Purchase Details

Closed on
Jul 24, 2008
Sold by
Houston Sarah F and Houston Charles O
Bought by
Houston Iii Charles O

Purchase Details

Closed on
Sep 22, 2005
Sold by
Houston Charles O and Houston Sarah F
Bought by
Houston Sarah F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.13%
Mortgage Type
Credit Line Revolving
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
Cormany David W -- None Available
Cormany David W $518,000 Ata National Title Group Llc
Sullivan Timothy R -- None Available
Sullivan Timothy R $435,000 Greco
Houston Iii Charles O -- Greco
Houston Sarah F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cormany David W $270,000
Closed Cormany David W $268,000
Previous Owner Houston Iii Charles O $75,000
Previous Owner Houston Iii Charles O $235,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $518,000 -1.3% $199 / Sq Ft
12/26/2019 12/26/19 Pending -- -- --
12/19/2019 12/19/19 Price Changed $524,900 -4.5% $202 / Sq Ft
12/05/2019 12/05/19 Price Changed $549,900 -4.2% $211 / Sq Ft
10/27/2019 10/27/19 Price Changed $574,000 -4.2% $220 / Sq Ft
09/24/2019 09/24/19 Price Changed $599,000 -7.7% $230 / Sq Ft
08/12/2019 08/12/19 Price Changed $649,000 -3.8% $249 / Sq Ft
07/15/2019 07/15/19 For Sale $674,900 -- $259 / 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
2024 $12,140 $274,900 $0 $0
2023 $12,140 $248,300 $0 $0
2022 $12,140 $242,500 $0 $0
2021 $12,140 $236,300 $0 $0
2019 $12,247 $216,200 $0 $0
2018 $6,307 $210,900 $0 $0
2017 $10,567 $205,500 $0 $0
2016 $11,536 $197,400 $0 $0
2015 $17,359 $189,600 $0 $0
2013 $16,817 $176,550 $0 $0
2011 -- $186,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219069960

Realcomp

APN: 74-003-06-0209-002