$575,000
SOLD AUG 28, 2020

987 Lake Shore Rd Grosse Pointe Shores, MI 48236

4 Beds
4 Baths
6,815 Sq Ft
0.46 Acres

Recently Sold

$84 Per Sq Ft

2% Below List Price

25 Days on Market

Highlights

  • Outdoor Pool
  • Colonial Architecture
  • Main Floor Bedroom
  • Ferry Elementary School Rated A
  • Recreation Room
  • Great Room with Fireplace

About This Home

As of August 2020

Contemporary Executive-Style Colonial on Lake Shore! First and second floor master suites! Grand entry foyer with open staircase. Multiple fireplaces. Spacious kitchen with eating-area opens to a fabulous Great room with cathedral ceiling, skylights, wet bar and fireplace. Formal living room, dining room and family room – great flexible floor plan! Over 4,300 square feet. Second floor laundry room. Unbelievable fully finished basement with kitchenette, lav and separate storage rooms. Beautifully landscaped private yard with patio. Access to private residents only lakefront park.

Last Agent to Sell the Property

Beline Obeid

Beline Obeid Realty License #MISPE-6502364838 Listed on: 07/23/2020

Last Buyer's Agent

Verdonn Gulledge

RE/MAX Leading Edge License #6501415949

RE/MAX Leading Edge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1986

Lot Details

  • Lot Dimensions are 132 x 150
  • Sprinkler System

Parking

  • 2.5 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Recreation Room
  • Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74 001 01 0053 003

Community Details

Overview

  • Gaukler Pointe Shores Sub Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Spa
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,187

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Total Tax Amount: 13187.11
  • Total Tax Year: 2020
  • Year Built: 1986
  • Mail City: Grosse Pointe Shores
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace, Grt Rm Fireplace, LivRoom Fireplace
  • Basement: Yes
  • 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
  • Full Bathrooms: 4
  • Total Bathrooms: 6
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: Second
  • Bathroom 3: On Level: Second
  • Bathroom 4: On Level: Second
  • Room Types: Family Room, First Flr Primary Bedroom, Great Room, Living Room, Recreation Room, Second Floor Laundry, Primary Bedroom, Primary Bathroom
  • Dining Room: On 1st Floor, Dimensions: 17 x 13
  • Family Room: On 1st Floor, Dimensions: 24 x 18
  • Great Room: On 1st Floor, Dimensions: 27 x 15
  • Kitchen: On 1st Floor, Dimensions: 23 x 16
  • Laundry: On 2nd Floor, Dimensions: 10 x 7
  • Living Room: On 1st Floor, Dimensions: 18 x 13
  • Below Grade Sq Ft: 2921
  • Finished Below Grade Sq Ft: 2500
  • Half Bathrooms: 2
  • Above Grade Finished Sq Ft: 4315
  • Total Finished Sq Ft: 6815

Exterior Features

  • Pool: Yes
  • Exterior: Brick
  • Exterior Features: Lawn Sprinkler, Patio
  • Foundation: Basement
  • Frontage: 132

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2.5
  • Parking: Garage
  • 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: Park, Playground, Pool/Hot Tub, Tennis Courts

Lot Info

  • Assessor Parcel Number: 74 001 01 0053 003
  • Lot Dimensions: 132 x 150
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $8,636.46
  • Winter Tax: Year: 2019, Amount: $4,550.65
  • Total Tax: Year: 2020, Amount: $13,187.11
  • SEV Year: 2020

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
$917,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,329
Avg. Annual Appreciation
10.35%

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

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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 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

  • Beline Obeid

    Seller's Agent in 2020

    Beline Obeid

    Beline Obeid Realty

    (313) 343-0100

    28 in this area

    174 Total Sales

    Section Image

  • V

    Buyer's Agent in 2020

    Verdonn Gulledge

    RE/MAX

    Section Image
  • Janet Ridder

    Seller's Agent in 2014

    Janet Ridder

    Sine & Monaghan LLC

    (313) 300-5558

    5 in this area

    47 Total Sales

    Section Image
  • Anne Michaels

    Buyer's Agent in 2014

    Anne Michaels

    Sandy & Associates LLC

    (313) 574-5596

    18 Total Sales

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50018284

Michigan Multiple Listing Service

APN: 74-001-01-0053-003

Michigan Wayne County Grosse Pointe Shores 48236

987 Lake Shore Rd, Grosse Pointe Shores, MI

This home is located at 987 Lake Shore Rd, Grosse Pointe Shores, MI 48236 and is currently priced at $575,000, approximately $84 per square foot. This property was built in 1986. 987 Lake Shore Rd is a home located in Wayne County with nearby schools including Ferry Elementary School, Parcells Middle School, and Grosse Pointe North High School.

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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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