$495,000
SOLD APR 25, 2014

987 Lake Shore Rd Grosse Pointe Shores, MI 48236

4 Beds
4 Baths
4,659 Sq Ft
0.46 Acres

Recently Sold

$106 Per Sq Ft

15% Below List Price

213 Days on Market

Highlights

  • Spa
  • Colonial Architecture
  • Recreation Room
  • Ferry Elementary School Rated A
  • Deck
  • Cathedral Ceiling

About This Home

As of August 2020

Spacious & open contemporary w/choice of 1st/2nd floor master suites. Foyer w/fireplace, sweeping 2 story staircase w/brass chandelier, & interior balcony. Kitchen open to Great Room w/cathedral ceiling, skylights & stone fireplace. Formal living rm w/ firepl. Library w/fireplace. 2nd floor laundry. Fully finished lower level rec rm w/kitchen, exercise room & lav offers additional approx 2,500sq ft. Low maintenance backyard w/rear deck w/hot tub. New tear off roof 2012. Not a short sale or foreclosure.

Last Agent to Sell the Property

Janet Ridder

Sine & Monaghan LLC License #MISPE-6506020234 Listed on: 09/20/2013

Sine & Monaghan LLC

Last Buyer's Agent

Anne Michaels

Sandy & Associates LLC License #MISPE-6501325128

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1986

Lot Details

  • Lot Dimensions are 132x150
  • Fenced Yard
  • Corner Lot
  • Sprinkler System

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 4,659 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Screen For Fireplace
  • Gas Fireplace
  • Window Treatments
  • Bay Window
  • Entryway
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Den
  • Recreation Room
  • Wood Flooring
  • Finished Basement
  • Sump Pump
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Whirlpool Bathtub
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Zoned Heating System
  • Space Heater
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 74001010053003

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,812

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: 9 ft + Ceilings, Interior Balcony, Bay Window, Cable/Internet Avail., Cathedral/Vaulted Ceiling, Hardwood Floors, Spa/Jetted Tub, Security System, Sump Pump, Walk-In Closet, Wet Bar/Bar, Window Treatment(s)
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace, Gas Fireplace, Grt Rm Fireplace, LivRoom Fireplace, Natural Fireplace, Fireplace Screen
  • Basement: Yes
  • Basement: Finished
  • Bedrooms: 4
  • Bedroom 1: On 1st Floor, Dimensions: 16 x 13
  • Bedroom 2: On 2nd Floor, Dimensions: 19 x 13
  • Bedroom 3: On 2nd Floor, Dimensions: 15 x 13
  • Bedroom 4: On 2nd Floor, Dimensions: 11 x 10
  • Bathrooms Description: Basement Lavatory, First Flr Lavatory, MstrBdrm Full Bathroom, Second Flr Lavatory, Whirlpool/Hot Tub
  • Full Bathrooms: 4
  • Total Bathrooms: 5
  • Room Types: Den/Study/Lib, Entry, Family Room, First Floor Bedroom, First Floor Mstr Bedroom, Living Room, Recreation Room, Second Floor Laundry
  • Dining Room: On 1st Floor, Dimensions: 17 x 13
  • Family Room: On 1st Floor, Dimensions: 24 x 18
  • Kitchen: On 1st Floor, Dimensions: 23 x 16
  • Kitchen Features: Eat-In Kitchen, Formal Dining Room
  • Laundry: On 2nd Floor, Dimensions: 10 x 7
  • Library Den: On 1st Floor, Dimensions: 27 x 15
  • Living Room: On 1st Floor, Dimensions: 18 x 13
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 4659
  • Total Finished Sq Ft: 4659

Exterior Features

  • Pool: Yes
  • Exterior: Brick
  • Exterior Features: Deck, Fenced Yard, Lawn Sprinkler, Sidewalks, Spa/Hot Tub, Street Lights
  • Foundation: Basement
  • Frontage: 132
  • Lake Name: St. Clair
  • Road: Paved Street

Garage/Parking

  • Garage: Attached Garage, Electric in Garage, Gar Door Opener
  • Garage Spaces: 2.5
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air, Space Heater, Zoned Heating
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s)

Schools

  • High School: North

Lot Info

  • Assessor Parcel Number: 74001010053003
  • Zoning: Residential
  • Location: Corner Lot
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft.
  • Lot Dimensions: 132x150
  • Map Side Numeric: 3
  • Map Top Alpha: AK
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2013, Amount: $6,907.60
  • Winter Tax: Year: 2013, Amount: $3,904.59
  • Taxable Value: 207300
  • Total Tax: Year: 2013, Amount: $10,812.19
  • SEV Year: 2013

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Aug 28, 2020
Sold by
Vikraman Hari and Vikraman Sundeep
Bought by
James Ellen and Wilson Constance
Seller's Agent
Beline Obeid
Beline Obeid Realty
Buyer's Agent
Verdonn Gulledge
RE/MAX Leading Edge
List Price
$585,000
Sold Price
$575,000
Premium/Discount to List
-$10,000
-1.71%
Current Estimated Value
$900,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,243
Avg. Annual Appreciation
9.89%

Purchase Details

Listed on
Sep 20, 2013
Closed on
Jun 13, 2014
Sold by
Vikraman Narayana and Vikraman Valsala
Bought by
Vikraman Narayana
Seller's Agent
Janet Ridder
Sine & Monaghan LLC
Buyer's Agent
Anne Michaels
Sandy & Associates LLC
List Price
$585,000
Sold Price
$495,000
Premium/Discount to List
-$90,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.39%

Purchase Details

Listed on
Sep 20, 2013
Closed on
Apr 25, 2014
Sold by
Amsden Ted T and Rydstedt Ruth A
Bought by
Vikraman Narayanan and Vikraman Valsala
Seller's Agent
Janet Ridder
Sine & Monaghan LLC
Buyer's Agent
Anne Michaels
Sandy & Associates LLC
List Price
$585,000
Sold Price
$495,000
Premium/Discount to List
-$90,000
-15.38%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $575,000 Ata National Title Group Llc
Interfamily Deed Transfer -- None Available
Warranty Deed $495,000 Greco Title Agency Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $152,000 Construction
Previous Owner $250,000 Unknown
Previous Owner $300,000 Credit Line Revolving
Previous Owner $235,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $575,000 -1.7% $84 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $585,000 +18.2% $86 / Sq Ft
04/25/2014 04/25/14 Sold $495,000 -15.4% $106 / Sq Ft
04/21/2014 04/21/14 Pending -- -- --
09/20/2013 09/20/13 For Sale $585,000 -- $126 / 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 $18,773 $463,900 $0 $0
2023 $18,773 $405,100 $0 $0
2022 $18,773 $395,500 $0 $0
2021 $18,773 $365,400 $0 $0
2019 $13,026 $318,800 $0 $0
2018 $8,277 $300,600 $0 $0
2017 $8,427 $289,400 $0 $0
2016 $12,523 $253,200 $0 $0
2015 $22,780 $227,800 $0 $0
2013 $20,730 $207,310 $0 $0
2011 -- $235,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31166730

Michigan Multiple Listing Service

APN: 74-001-01-0053-003