NOT LISTED FOR SALE

850 Loraine St Grosse Pointe, MI 48230

Estimated Value: $387,000 - $432,000

4 Beds
3 Baths
1,664 Sq Ft
$242/Sq Ft Est. Value

Last Sold October 05, 2021

Last sale price $330,000 $198 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,658/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • Stainless Steel Appliances
  • Lewis Maire Elementary School Rated A
  • No HOA
  • 2 Car Detached Garage

About This Home

As of October 2021

This tastefully updated colonial is ready for new owners. The large living room features a natural fireplace & built in book shelves for character. A sunroom off the living room can be used as a play room, family room or a dining room. The kitchen has been remodeled with granite counters, tile backsplash, stainless appliances & a wine fridge. The dining area is cozy with a corner cabinet for extra storage. An owners’ suite or guest suite complete with a full bath rounds out the entry level. Upstairs, the hardwood floors continue in the hall & bedrooms. The largest bedroom easily holds a king size bed & dresser. The second bedroom has a door to the balcony overlooking the back yard. The third bedroom gets natural light from the south & east. The bath has been updated with subway tile, a pebble floor in the shower & a gray vanity with granite. The basement with a third full bath has fresh new paint & carpet, a wet bar, storage closet and laundry area. Loraine St. undergoing improvements

Last Agent to Sell the Property

Kent Tyrrell

Signature Sotheby's International Realty Nvl License #2501313365 Listed on: 08/17/2021

Signature Sotheby's International Realty Nvl

Last Buyer's Agent

Kenneth Lin

RE/MAX Showcase Homes License #6501393748

RE/MAX Showcase Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1937

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60x105
  • Fenced
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

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

Interior Spaces

  • 1,664 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Partially Finished Basement

Kitchen

  • Free-Standing Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • The Pointe Land Co Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37003020094000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,531

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1937
  • State Equalized Value: 131800.0000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Wine Cooler, Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Range Hood, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 2184
  • Sq Ft Lower Floor: 520
  • Total Sq Ft: 1664
  • Sq Ft Total Bsmt: 621

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 60
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Electricity, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Grosse Pointe

Lot Info

  • Homestead: Yes
  • Lot Features: Level
  • Lot Size Area: 0.14
  • Lot Dimensions: 60x105
  • Parcel Number: 37003020094000

Tax Info

  • Tax Amount Summer: 4207.2100
  • Tax Amount Winter: 2324.2200
  • Total Tax: 6531.4300
  • Taxable Value: 121057.0000

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2021
Closed on
Oct 5, 2021
Sold by
Patel Amit and Patel Seema
Bought by
Tseng Yan Y
Seller's Agent
Kent Tyrrell
Signature Sotheby's International Realty Nvl
Buyer's Agent
Kenneth Lin
RE/MAX Showcase Homes
List Price
$325,000
Sold Price
$330,000
Premium/Discount to List
$5,000
1.54%
Current Estimated Value
$402,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,949
Avg. Annual Appreciation
5.05%
Original Mortgage
$263,500
Outstanding Balance
$243,533
Interest Rate
3.01%
Estimated Equity
$152,644

Purchase Details

Listed on
Aug 29, 2018
Closed on
Oct 16, 2018
Sold by
Hayes Kevin
Bought by
Patel Amit and Patel Seema
Seller's Agent
Patty Riley
Coldwell Banker Professionals-GPF
Buyer's Agent
Melissa Goff
5th Avenue Realty Inc.
List Price
$245,000
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%
Original Mortgage
$232,750
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 29, 2013
Closed on
Jul 19, 2013
Sold by
Espinosa Aimee Marie D and Espinosa Alyssa Marie D
Bought by
Hayes Kevin and Hayes Christina
Seller's Agent
M. Loraine Muccioli
Johnstone & Johnstone
Buyer's Agent
Patty Riley
Coldwell Banker Professionals
List Price
$219,000
Sold Price
$189,000
Premium/Discount to List
-$30,000
-13.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$151,200
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 27, 2004
Sold by
Okeefe Karl M and Okeefe Carolyn
Bought by
Espinosa Abner J
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
Tseng Yan Y $330,000 First American Title
Patel Amit $245,000 None Available
Hayes Kevin $189,000 Capital Title Ins Agency
Espinosa Abner J $250,000 Multiple
Espinosa Aimee Marie D -- Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tseng Yan Y $263,500
Closed Tseng Yan Yuan $263,500
Previous Owner Patel Amit $231,700
Previous Owner Patel Amit $232,750
Previous Owner Hayes Kevin $151,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2021 10/05/21 Sold $330,000 +1.5% $198 / Sq Ft
08/22/2021 08/22/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $325,000 +32.7% $195 / Sq Ft
10/16/2018 10/16/18 Sold $245,000 0.0% $147 / Sq Ft
09/05/2018 09/05/18 Pending -- -- --
08/29/2018 08/29/18 For Sale $245,000 +29.6% $147 / Sq Ft
07/19/2013 07/19/13 Sold $189,000 -13.7% $114 / Sq Ft
05/17/2013 05/17/13 Pending -- -- --
03/29/2013 03/29/13 For Sale $219,000 -- $132 / 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 $4,959 $175,700 $0 $0
2023 $4,730 $142,500 $0 $0
2022 $6,845 $132,300 $0 $0
2021 $6,221 $126,900 $0 $0
2019 $6,461 $118,800 $0 $0
2018 $2,916 $108,400 $0 $0
2017 $3,078 $107,100 $0 $0
2016 $4,388 $95,400 $0 $0
2015 $8,321 $91,700 $0 $0
2013 $7,567 $79,400 $0 $0
2012 -- $73,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kent Tyrrell

    Seller's Agent in 2021

    Kent Tyrrell

    Signature Sotheby's International Realty Nvl

    (734) 502-0510

    1 in this area

    61 Total Sales

    Kent Tyrrell
    Section Image
  • Kenneth Lin

    Buyer's Agent in 2021

    Kenneth Lin

    RE/MAX

    (248) 629-0536

    1 in this area

    91 Total Sales

    Kenneth Lin
    Section Image

  • P

    Seller's Agent in 2018

    Patty Riley

    Coldwell Banker Professionals-GPF

    (313) 598-6107

    8 in this area

    27 Total Sales

    Patty Riley
    Section Image

  • M

    Buyer's Agent in 2018

    Melissa Goff

    5th Avenue Realty Inc.

  • M. Loraine Muccioli

    Seller's Agent in 2013

    M. Loraine Muccioli

    Johnstone & Johnstone

    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2210067251

Realcomp

APN: 37-003-02-0094-000

Michigan Wayne County Grosse Pointe 48230

850 Loraine St, Grosse Pointe, MI

This home is located at 850 Loraine St, Grosse Pointe, MI 48230 since 17 August 2021 and is currently estimated at $402,949, approximately $242 per square foot. This property was built in 1937. 850 Loraine St is a home located in Wayne County with nearby schools including Lewis Maire Elementary School, Pierce Middle School, and Grosse Pointe South High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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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