NOT LISTED FOR SALE

870 Nottingham Rd Grosse Pointe Park, MI 48230

Estimated Value: $414,000 - $510,000

8 Beds
4 Baths
3,132 Sq Ft
$148/Sq Ft Est. Value

Last Sold June 27, 2014

Last sale price $160,000 $51 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $2,701/month

36 Days on Market

Highlights

  • Garage
  • Pierce Middle School Rated A
  • Heating System Uses Steam

About This Home

As of June 2014

Good investment property in the Park. This brick 4 unit has two bedrooms in each. Separate utilities, off street parking for 6-7 cars. Located a short walk to two waterfront parks and elementary school.

Last Agent to Sell the Property

John Costa

Jim Saros Real Estate Services License #6502132336 Listed on: 03/31/2014

Jim Saros Real Estate Services

Last Buyer's Agent

Joseph Sharpe

Fathom Realty MI LLC License #RCO-6501376934

Fathom Realty MI LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 30 x 108

Parking

  • Garage

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 4 Full Bathrooms
  • 3,132 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 39009010055002

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Common, Private Storage Locker
  • Sq Ft Combined: 3132
  • Total Sq Ft: 3132
  • Sq Ft Total Bsmt: 1566

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exclusions: Yes
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 30
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Steam
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Grosse Pointe

Lot Info

  • List Price per Acre: 1850000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 30 X 108
  • Parcel Number: 39009010055002
  • Zone Conform: Yes
  • Zoning: Residential

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 2500

Tax Info

  • Tax Amount Summer: 2014.0000
  • Tax Amount Winter: 2895.0000
  • Total Tax: 4909.0000

Multi Family

  • Gross Scheduled Income: 30000.00
  • Number Of Units Total: 4
  • Number of Two Bedroom Units: 4
  • Number Of Units Leased: 4

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2014
Closed on
Jun 27, 2014
Sold by
Zerilli Francesco and Zerilli Angela A
Bought by
Mccarroll Sean M
Seller's Agent
John Costa
Jim Saros Real Estate Services
Buyer's Agent
Joseph Sharpe
Fathom Realty MI LLC
List Price
$185,000
Sold Price
$160,000
Premium/Discount to List
-$25,000
-13.51%
Current Estimated Value
$454,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,856
Avg. Annual Appreciation
9.79%
Original Mortgage
$124,800
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 1995
Sold by
Patricia V Maceri Trust
Bought by
Zerilli Francesco and Zerilli Angela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,900
Interest Rate
9.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Mccarroll Sean M $160,000 Fidelity Natl Title Ins Co
Zerilli Francesco $157,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccarroll Sean M $177,000
Closed Mccarroll Sean H $128,700
Closed Mccarroll Sean M $160,000
Closed Mccarroll Sean M $124,800
Previous Owner Zerilli Francesco $109,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2014 06/27/14 Sold $160,000 -13.5% $51 / Sq Ft
05/06/2014 05/06/14 Pending -- -- --
03/31/2014 03/31/14 For Sale $185,000 -- $59 / 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 $2,537 $214,300 $0 $0
2024 $2,537 $199,400 $0 $0
2023 $2,422 $180,500 $0 $0
2022 $2,301 $164,100 $0 $0
2021 $5,563 $151,200 $0 $0
2019 $5,493 $116,000 $0 $0
2018 $2,194 $100,800 $0 $0
2017 $6,512 $68,000 $0 $0
2016 $5,393 $87,200 $0 $0
2015 $8,270 $82,700 $0 $0
2013 $7,710 $78,800 $0 $0
2012 $2,201 $84,200 $18,500 $65,700
Source: Public Records

Agents Affiliated with this Home

  • John Costa

    Seller's Agent in 2014

    John Costa

    Jim Saros Real Estate Services

    (313) 378-3839

    7 in this area

    54 Total Sales

    Section Image
  • Joseph Sharpe

    Buyer's Agent in 2014

    Joseph Sharpe

    Fathom Realty MI LLC

    (313) 690-6916

    2 in this area

    24 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 214027081

Realcomp

APN: 39-009-01-0055-002

Michigan Wayne County Grosse Pointe Park 48230

870 Nottingham Rd, Grosse Pointe Park, MI

This home is located at 870 Nottingham Rd, Grosse Pointe Park, MI 48230 since 31 March 2014 and is currently estimated at $464,031, approximately $148 per square foot. This property was built in 1924. 870 Nottingham Rd is a home located in Wayne County with nearby schools including Pierce Middle School, Grosse Pointe South High School, and Detroit Merit Charter Academy.

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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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