NOT LISTED FOR SALE

Estimated Value: $3,492,000 - $5,603,140

5 Beds
9 Baths
8,370 Sq Ft
$555/Sq Ft Est. Value

Sale Details

Date Sold: July 18, 2013

Last sale price $3,800,000 $454 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $31,472 / mo

210 Days on Market

Highlights

  • Lake Front
  • Beach
  • Formal Dining Room
  • Lincoln Elementary School Rated A
  • Landscaped Professionally
  • 2-minute walk to Lee Street Beach

About This Home

As of July 2013

Entertain in style with 75 ft of Lake front with riparian rights. Home is nearly finished. The home needs flooring, railings, some bathroom fixtures, etc. Bring your plans, ideas and dreams and enjoy a lifetime of pleasure on Lake Michigan. Also sep living area over garage. Home is sold AS-IS No disclosures are provided. Taxes prorated at 100%.

Last Agent to Sell the Property

Rosalie Redmond

HomeSmart Connect LLC Listed on: 05/24/2012

HomeSmart Connect LLC

Last Buyer's Agent

Aldo Bottalla

CRE Advising, LLC License #475131358

Property Details

Home Type

  • Other

Year Built

  • 2008

Lot Details

  • Lake Front
  • Cul-De-Sac
  • Fenced Yard
  • Landscaped Professionally

Parking

  • Brick Driveway

Home Design

  • Slab Foundation
  • Tile Roof
  • Stone Siding
  • Stucco Exterior Insulation and Finish Systems

Interior Spaces

  • Formal Dining Room
  • Water Views

Kitchen

  • Double Oven
  • Indoor Grill
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Zoned Heating and Cooling
  • Lake Michigan Water

Community Details

  • Beach

Property Details

Home Type

Other

Year Built

2008

Lot Details

0 Sq Ft Lot

Parking

3

Interior Features

  • Total # Of Rooms: 16
  • Appliances: Oven-Double, Dishwasher, High End Refrigerator, Freezer, Grill-Indoor, All Stainless Steel Kitchen Appliances
  • Fireplace Type/Details: Wood Burning
  • Fireplaces: 4
  • Attic: Finished
  • Basement: Full, Walkout
  • Basement: Finished, Exterior Access
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 30X20
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 22X12
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 10X16
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 11X21
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Living Room Level: Main Level
  • Living Room Size: 20X32
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 24X15
  • Family Room Level: Main Level
  • Family Room Size: 24X18
  • Kitchen Type: Island
  • Kitchen Level: Main Level
  • Kitchen Size: 18X27

Exterior Features

  • Foundation: Concrete
  • Lot Size: .50-.99 Acre
  • Exterior Building Type: EIFS (e.g. Dryvit)., Stucco, Stone
  • Roof Type: Tile
  • Waterfront: Yes

Garage/Parking

  • Number of Cars: 3
  • Parking Type: Garage
  • Driveway: Brick

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 65

Lot Info

  • Lot Dimensions: 75X332
  • Lot Description: Beach, Cul-de-sac, Fenced Yard, Lake Front, Landscaped Professionally, Water View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2012
Closed on
Jul 12, 2013
Sold by
United Central Bank
Bought by
Breslow Robert and Breslow Monica
Seller's Agent
Rosalie Redmond
HomeSmart Connect LLC
Buyer's Agent
Aldo Bottalla
CRE Advising, LLC
List Price
$4,600,000
Sold Price
$3,800,000
Premium/Discount to List
-$800,000
-17.39%
Current Estimated Value
$4,642,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$842,380
Avg. Annual Appreciation
1.58%
Original Mortgage
$2,850,000
Interest Rate
3.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 24, 2011
Sold by
Jefferson Capital Group Inc
Bought by
United Central Bank

Purchase Details

Closed on
Jan 14, 2005
Sold by
Mastores Nickolas P
Bought by
Jefferson Capital Group Inc

Purchase Details

Closed on
May 6, 1996
Sold by
Mastores Nickolas P and Mastores Mary Ellen
Bought by
Mastores Nickolas P and Nickolas P Mastores Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Breslow Robert $3,800,000 None Available
United Central Bank -- None Available
Jefferson Capital Group Inc $2,100,000 Multiple
Mastores Nickolas P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Breslow Robert $2,850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2013 07/18/13 Sold $3,800,000 -17.4% $454 / Sq Ft
12/20/2012 12/20/12 Pending -- -- --
07/19/2012 07/19/12 For Sale $4,600,000 +21.1% $550 / Sq Ft
05/26/2012 05/26/12 Off Market $3,800,000 -- --
05/24/2012 05/24/12 For Sale $4,600,000 -- $550 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $82,310 $382,356 $55,223 $327,133
2024 $82,310 $340,000 $66,267 $273,733
2023 $78,978 $340,000 $66,267 $273,733
2022 $78,978 $340,000 $66,267 $273,733
2021 $88,251 $332,547 $34,237 $298,310
2020 $87,073 $332,547 $34,237 $298,310
2019 $87,225 $372,279 $34,237 $338,042
2018 $56,374 $205,765 $28,715 $177,050
2017 $17,035 $63,844 $28,715 $35,129
2016 $16,157 $63,844 $28,715 $35,129
2015 $15,438 $57,578 $24,297 $33,281
2014 $94,842 $357,112 $24,297 $332,815
2013 $23,576 $90,860 $24,297 $66,563
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08075535

Midwest Real Estate Data (MRED)

APN: 11-20-100-007-0000

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