$245,000
SOLD OCT 16, 2018

850 Loraine St Grosse Pointe, MI 48230

4 Beds
3 Baths
1,664 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$147 Per Sq Ft

7 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Bar Fridge
  • Lewis Maire Elementary School Rated A
  • 2 Car Detached Garage
  • Wet Bar

About This Home

As of October 2021

Charming Colonial tastefully appointed and located in a secluded area of Grosse Pointe City. This home has a first floor master bedroom with an attractive updated private bath. Three additional bedrooms and one full bath are located on the second floor. Gourmet kitchen with quartz counters, tile flooring and stainless appliances. Adjacent, cozy breakfast nook of built-ins could also be used as the dining room. The inviting living room has a natural fireplace with a distinctive mantel and built-in shelves. Spacious family room is light, bright and has access to the patio (family room being used as a dining room). This home has a versatile floor plan which offers many options for specific lifestyles. Gleaming hardwood floors, Pella replacement windows. Lower level is finished and a dream come true: wet bar, beverage cooler & built-ins. Ample storage and laundry facilities. Close to schools, parks, shopping and restaurants.

Last Agent to Sell the Property

Patty Riley

Coldwell Banker Professionals-GPF License #6501233386 Listed on: 08/29/2018

Coldwell Banker Professionals-GPF

Last Buyer's Agent

Melissa Goff

5th Avenue Realty Inc. License #RCO-6501403250

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1937

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60.00x105.00
  • Fenced

Home Design

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

Interior Spaces

  • 1,664 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar Fridge
  • Gas Fireplace
  • Living Room with Fireplace
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

$4,395

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Bar Fridge, Dishwasher, Disposal, Microwave, Refrigerator, Range/Stove
  • Sq Ft Combined: 2496
  • Sq Ft Lower Floor: 832
  • Total Sq Ft: 1664
  • Sq Ft Total Bsmt: 832

Exterior Features

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

Garage/Parking

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

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
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Grosse Pointe

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1750000.0000
  • Lot Size Area: 0.14
  • Lot Dimensions: 60.00X105.00
  • Parcel Number: 37003020094000

Tax Info

  • Tax Amount Summer: 2856.0000
  • Tax Amount Winter: 1539.0000
  • Total Tax: 4395.0000

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
$414,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,419
Avg. Annual Appreciation
5.37%
Original Mortgage
$263,500
Outstanding Balance
$243,533
Interest Rate
3.01%
Estimated Equity
$159,416

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 Type Sale Price Title Company
Warranty Deed $330,000 First American Title
Warranty Deed $245,000 None Available
Warranty Deed $189,000 Capital Title Ins Agency
Warranty Deed $250,000 Multiple
Interfamily Deed Transfer -- Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $263,500 No Value Available
Closed $263,500 Unknown
Previous Owner $231,700 New Conventional
Previous Owner $232,750 New Conventional
Previous Owner $151,200 Adjustable Rate Mortgage/ARM
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

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Map

Source: Realcomp

MLS Number: 218081054

Realcomp

APN: 37-003-02-0094-000