NOT LISTED FOR SALE

Estimated Value: $640,530 - $755,000

4 Beds
3 Baths
2,609 Sq Ft
$265/Sq Ft Est. Value

Last Sold April 11, 2016

Last sale price $450,000 $172 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,879/month

2 Days on Market

Highlights

  • Marina
  • Outdoor Pool
  • Ranch Style House
  • Ferry Elementary School Rated A
  • Recreation Room
  • Tennis Courts

About This Home

As of April 2016

Exceptional 4 bedroom, 3 full bath brick ranch situated on an unbelievably private and oversized lot!! Over 2,600 square feet! Bright and light with a spacious floor plan. Two bedrooms with private baths; one could be an optional mother-in-law suite or home office. First floor laundry room. Living room with fireplace. Huge family room with built-ins. Remodeled kitchen with eating-area. Basement recreation room with lav. 2 ½ car attached garage. Tear-off roof ’14 and windows ’06. Great location – close to the Grosse Pointe Yacht Club and private residents only Lakefront Park!

Last Agent to Sell the Property

Beline Obeid

Beline Obeid Realty License #MISPE-6502364838 Listed on: 02/23/2016

Last Buyer's Agent

Dennis Andrus

Sine & Monaghan LLC License #MISPE-6502358794

Sine & Monaghan LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 75 x 173
  • Sprinkler System

Parking

  • 2.5 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 2,609 Sq Ft Home
  • Living Room with Fireplace
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Outdoor Pool

Schools

  • Frry Elementary School
  • Parc Middle School
  • So High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 74 002 06 0018 000

Community Details

Overview

  • Yacht Club View Sub Subdivision

Recreation

  • Marina
  • Tennis Courts
  • Community Playground
  • Community Spa
  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Year Built: 1955
  • Mail City: Grosse Pointe Shores
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace
  • Basement: Yes
  • Basement: Full
  • Bedrooms: 4
  • Bedroom 1: On 1st Floor, Dimensions: 17 x 13
  • Bedroom 2: On 1st Floor, Dimensions: 14 x 14
  • Bedroom 3: On 1st Floor, Dimensions: 14 x 13
  • Bedroom 4: On 1st Floor, Dimensions: 13 x 11
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Below Grade Bedrooms: 1
  • Room Types: First Floor Bedroom, First Floor Laundry, First Flr Primary Bedroom, Living Room, Recreation Room
  • Dining Room: On 1st Floor, Dimensions: 14 x 12
  • Family Room: On 1st Floor, Dimensions: 18 x 14
  • Kitchen: On 1st Floor, Dimensions: 16 x 15
  • Laundry: On 1st Floor, Dimensions: 11 x 8
  • Living Room: On 1st Floor, Dimensions: 22 x 15
  • Below Grade Sq Ft: 2183
  • Above Grade Finished Sq Ft: 2609
  • Total Finished Sq Ft: 2609

Exterior Features

  • Pool: Yes
  • Exterior: Brick
  • Exterior Features: Lawn Sprinkler
  • Foundation: Basement
  • Frontage: 75

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2.5
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public At Street
  • Water: Public Water at Street
  • Cooling: Central A/C

Condo/Co-op/Association

  • Community Features: Marina, Park, Playground, Pool/Hot Tub, Tennis Courts

Schools

  • Elementary School: Frry
  • Middle School: Parc
  • High School: SO

Lot Info

  • Assessor Parcel Number: 74 002 06 0018 000
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft.
  • Lot Dimensions: 75 x 173
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2015, Amount: $7,315.87
  • Winter Tax: Year: 2015, Amount: $3,961.98
  • Total Tax: Year: 2015, Amount: $11,277.85
  • SEV Year: 2015

MLS Schools

  • Elementary School: Frry
  • Middle School: Parc
  • School District: Grosse Pointe Public Schools
  • HighSchool: SO

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2016
Closed on
Apr 11, 2016
Sold by
Gerlach Margaret M
Bought by
Schaden David M
Seller's Agent
Beline Obeid
Beline Obeid Realty
Buyer's Agent
Dennis Andrus
Sine & Monaghan LLC
List Price
$465,000
Sold Price
$450,000
Premium/Discount to List
-$15,000
-3.23%
Total Days on Market
2
Current Estimated Value
$690,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,633
Avg. Annual Appreciation
4.67%
Original Mortgage
$405,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2016
Sold by
Gerlach Margaret M and Gerlach Philip G
Bought by
Gerlach Margaret M and Margaret M Gerlach Revocable Trust
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
Schaden David M $450,000 Greco Title Agency Llc
Gerlach Margaret M -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaden David M $40,000
Open Schaden David M $468,750
Closed Schaden David N $390,000
Closed Schaden David M $405,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2016 04/11/16 Sold $450,000 -3.2% $172 / Sq Ft
02/25/2016 02/25/16 Pending -- -- --
02/23/2016 02/23/16 For Sale $465,000 -- $178 / Sq Ft
Source: Michigan Multiple Listing Service

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 $12,236 $323,600 $0 $0
2023 $12,236 $293,800 $0 $0
2022 $12,236 $287,300 $0 $0
2021 $12,236 $280,300 $0 $0
2019 $12,457 $230,700 $0 $0
2018 $7,915 $225,100 $0 $0
2017 $8,085 $219,200 $0 $0
2016 $11,620 $210,200 $0 $0
2015 $21,324 $223,000 $0 $0
2013 $20,658 $207,790 $0 $0
2011 -- $229,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31280532

Michigan Multiple Listing Service

APN: 74-002-06-0018-000