NOT LISTED FOR SALE

950 Lake Shore Rd Grosse Pointe Shores, MI 48236

Estimated Value: $3,631,000 - $7,332,054

6 Beds
8 Baths
17,912 Sq Ft
$306/Sq Ft Est. Value

Last Sold November 25, 2014

Last sale price $3,750,000 $209 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $38,631/month

386 Days on Market

Highlights

  • Tennis Courts
  • Home Theater
  • Second Garage
  • Ferry Elementary School Rated A
  • In Ground Pool
  • Waterfront

About This Home

As of November 2014

This magnificent manor situated on a 3.75 acre gated estate strikes the perfect balance of warmth and intimacy while exuding elegance and grandeur. This completely custom home includes over 27,000 sq. ft. of living space including the lower level and guest quarters, with immaculately manicures grounds and 265 ft. of shoreline on Lake St. Clair. Masterfully designed for effortless living and entertaining including six en-suite bedrooms w/private balconies, eight fireplaces, and an outdoor luxury playground.

Last Agent to Sell the Property

Jaime Rae Turnbull

Higbie Maxon Agney Inc License #MISPE-6501312561 Listed on: 10/16/2013

Last Buyer's Agent

Beline Obeid

Beline Obeid Realty License #MISPE-6502364838

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • 3.75 Acre Lot
  • Lot Dimensions are 265 x 638 x 600 x 263
  • Waterfront
  • Fenced Yard
  • Sprinkler System

Home Design

  • Stone Siding

Interior Spaces

  • 17,912 Sq Ft Home
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Sound System
  • Bar Fridge
  • Cathedral Ceiling
  • Window Treatments
  • Bay Window
  • Entryway
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Theater
  • Den
  • Recreation Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 8 Full Bathrooms
  • Whirlpool Bathtub
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Home Security

  • Home Security System
  • Intercom
  • Fire Sprinkler System

Parking

  • 5 Car Attached Garage
  • Second Garage
  • Heated Garage
  • Garage Door Opener

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Seawall
  • Tennis Courts
  • Balcony
  • Deck
  • Patio
  • Built-In Barbecue
  • Porch

Utilities

  • Humidifier
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Satellite Dish

Community Details

  • Community Indoor Pool

Listing and Financial Details

  • Assessor Parcel Number 74001020023000

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Structure Style: More Than 2 Stories
  • Total Tax Amount: 129987.07
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: 9 ft + Ceilings, Interior Balcony, Bay Window, Cathedral/Vaulted Ceiling, Elevator/Lift, Hardwood Floors, Spa/Jetted Tub, Indoor Pool, Security System, Sound System, Fire Sprinkler, Walk-In Closet, Wet Bar/Bar, Window Treatment(s)
  • Appliances: Bar-Refrigerator, Central Vacuum, Dishwasher, Disposal, Dryer, Freezer, Humidifier, Intercom, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: Basement Fireplace, DinRoom Fireplace, FamRoom Fireplace, LivRoom Fireplace, MstrBedroom Fireplace
  • Basement: Yes
  • Basement: Finished, Full, Walk Out
  • Bedrooms: 6
  • Bedroom 1: On 2nd Floor, Dimensions: 33 x 21
  • Bedroom 2: On 2nd Floor, Dimensions: 13 x 20
  • Bedroom 3: On 2nd Floor, Dimensions: 15 x 23
  • Bedroom 4: On 2nd Floor, Dimensions: 17 x 13
  • Bedroom 5: On 1st Floor, Dimensions: 17 x 18
  • Bedroom 6: On 2nd Floor, Dimensions: 16 x 14
  • Bathrooms Description: Basement Full Bath, Basement Lavatory, First Flr Lavatory, MstrBdrm Full Bathroom, Second Flr Lavatory, Whirlpool/Hot Tub
  • Full Bathrooms: 8
  • Total Bathrooms: 12
  • Room Types: Den/Study/Lib, Entry, Exercise Room, Family Room, First Floor Bedroom, First Floor Laundry, Great Room, Home Theater, In-Law/AuPair/Ste, Living Room, Maids Room/Quarter, Recreation Room
  • Breakfast Nook: On 1st Floor, Dimensions: 8 x 9
  • Dining Room: On 1st Floor, Dimensions: 36 x 19
  • Family Room: On Lower Floor, Dimensions: 38 x 49
  • Great Room: On 1st Floor, Dimensions: 38 x 24
  • Kitchen: On 1st Floor, Dimensions: 14 x 24
  • Kitchen Features: Breakfast Nook/Room, Pantry, Eat-In Kitchen, Formal Dining Room
  • Laundry: On 1st Floor, Dimensions: 17 x 12
  • Library Den: On 1st Floor, Dimensions: 25 x 24
  • Living Room: On 1st Floor, Dimensions: 37 x 21
  • Other Room1: Dimensions: 37x20, On Level: Lower
  • Other Room 2: Dimensions: 24x24, On Level: Lower
  • Half Bathrooms: 4
  • Above Grade Finished Sq Ft: 17912
  • Total Finished Sq Ft: 17912

Exterior Features

  • Pool: Yes
  • Exterior: Stone
  • Exterior Features: Exterior Balcony, Deck, Fenced Yard, BBQ/Grill Built-in, Inground Pool, Lawn Sprinkler, Patio, Porch, Satellite Dish, Spa/Hot Tub, Storms/Screens, Swimming Pool, Tennis Court(s)
  • Foundation: Basement
  • Frontage: 265
  • Road: Paved Street
  • Water Features: Lake Frontage, Sea Wall
  • Waterfront: Yes

Garage/Parking

  • Garage: Additional Garage(s), Attached Garage, Electric in Garage, Gar Door Opener, Heated Garage
  • Garage Spaces: 5
  • Garage: Yes

Utilities

  • Heating: Forced Air, Zoned Heating
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Private Well
  • Cooling: Central A/C

Schools

  • High School: North

Lot Info

  • Assessor Parcel Number: 74001020023000
  • Lot Description: Treed
  • Lot Dimensions: 265 x 638 x 600 x 263
  • Acreage: 3.75
  • Map Side Numeric: 6
  • Map Top Alpha: al
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2013, Amount: $85,449.75
  • Winter Tax: Year: 2012, Amount: $44,537.31
  • Taxable Value: 2564372
  • Total Tax: Amount: $129,987.07
  • SEV Year: 2013

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2013
Closed on
Nov 25, 2014
Sold by
Vanelslander Mary Ann
Bought by
Anderson James A
Seller's Agent
Jaime Rae Turnbull
Higbie Maxon Agney Inc
Buyer's Agent
Beline Obeid
Beline Obeid Realty
List Price
$15,900,000
Sold Price
$3,750,000
Premium/Discount to List
-$12,150,000
-76.42%
Current Estimated Value
$5,481,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,731,527
Avg. Annual Appreciation
3.99%
Original Mortgage
$3,750,000
Outstanding Balance
$2,987,849
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,747,668
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
Anderson James A -- First American Title Ins Co
Vanelslander Archie A -- First American Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2014 11/25/14 Sold $3,750,000 -76.4% $209 / Sq Ft
11/06/2014 11/06/14 Pending -- -- --
10/16/2013 10/16/13 For Sale $15,900,000 -- $888 / 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
2025 $114,825 $2,978,900 $0 $0
2024 $114,825 $2,571,500 $0 $0
2023 $114,825 $2,374,000 $0 $0
2022 $114,825 $2,198,800 $0 $0
2021 $114,825 $2,240,200 $0 $0
2019 $119,714 $2,248,500 $0 $0
2018 $76,066 $2,163,200 $0 $0
2017 $77,894 $2,113,600 $0 $0
2016 $136,269 $2,822,700 $0 $0
2015 $269,000 $2,690,000 $0 $0
2013 $256,437 $2,629,480 $0 $0
2011 -- $2,845,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31170149

Michigan Multiple Listing Service

APN: 74-001-02-0023-000