$2,785,000
SOLD OCT 5, 2017

992 Lake Shore Rd Grosse Pointe Shores, MI 48236

6 Beds
9 Baths
8,995 Sq Ft
1 Acres

Recently Sold

$310 Per Sq Ft

12% Below List Price

96 Days on Market

Highlights

  • 80 Feet of Waterfront
  • In Ground Pool
  • 1 Acre Lot
  • Ferry Elementary School Rated A
  • Second Garage
  • Colonial Architecture

About This Home

As of November 2019

Imagine owning your own private resort nestled in on the banks of Lake St Clair in the Village of Grosse Pointe Shores. This enchanting French inspired, Victor Saroki designed lakefront estate was custom built in 2003 with over 12,000 square feet of living space. From the panoramic views of Lake St. Clair to the strolling gardens, this home is the true definition of a well crafted masterpiece.

Last Agent to Sell the Property

Alexander Chapman

@properties Christie's Int'l R.E. Birmingham License #6501373207 Listed on: 05/31/2017

@properties Christie's Int'l R.E. Birmingham

Last Buyer's Agent

Patty Riley

Johnstone & Johnstone License #RCO-6501233386

Johnstone & Johnstone

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2003

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 80.00x705.00
  • 80 Feet of Waterfront
  • Lake Front

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Slate Roof
  • Stone Siding

Interior Spaces

  • 8,995 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Sound System
  • Bar Fridge
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Water Views
  • Finished Basement
  • Sump Pump

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Direct Access Garage
  • Second Garage
  • Heated Garage

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Patio
  • Terrace
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 74001020029003

Community Details

Overview

  • No Home Owners Association
  • Assr's Grosse Pointe Shores Plat No 1 Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,544

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2003
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Humidifier, Elevator/Lift, Sound System, Spa/Hot-tub
  • Fireplace: Yes
  • Fireplace Fuel: Gas, Natural
  • Fireplace Locations: Family Room, Primary Bedroom
  • Room Count: 20
  • Total Bedrooms: 6
  • Total Bathrooms: 5.40
  • Full Bathrooms: 5
  • Half Bathrooms: 4
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Washer, Bar Fridge
  • Sq Ft Combined: 12471
  • Sq Ft Lower Floor: 3476
  • Total Sq Ft: 8995
  • Sq Ft Total Bsmt: 3476

Exterior Features

  • Roof Material: Slate
  • Waterfront Name: Lake St Clair
  • Pool: Yes
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Stone
  • Exterior Features: Spa/Hot-tub, Lighting, Pool - Inground
  • Foundation Materials: Poured
  • Frontage Feet: 80
  • Porch Type: Balcony, Patio, Terrace
  • Road Frontage Type: Paved
  • Water Frontage Feet: 80.00
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 4 Car
  • Garage Features: Direct Access, Heated, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Grosse Pointe

Lot Info

  • Lot Features: Water View
  • Lot Size Area: 1.00
  • Lot Dimensions: 80.00X705.00
  • Parcel Number: 74001020029003

Tax Info

  • Tax Amount Summer: 27688.0000
  • Tax Amount Winter: 23856.0000
  • Total Tax: 51544.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2019
Closed on
Nov 14, 2019
Sold by
Mendelssohu Paxton B
Bought by
El Achkar Family Revocable Trust
Seller's Agent
Patty Riley
Coldwell Banker Professionals-GPF
Buyer's Agent
Patty Riley
Johnstone & Johnstone
List Price
$2,990,000
Sold Price
$2,745,000
Premium/Discount to List
-$245,000
-8.19%
Current Estimated Value
$3,566,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$821,930
Avg. Annual Appreciation
3.35%

Purchase Details

Closed on
Apr 26, 2019
Sold by
Medelssohnn Renee Elizabeth
Bought by
Mendlssohn Paxton B

Purchase Details

Listed on
May 31, 2017
Closed on
Oct 2, 2017
Sold by
Greene Patrick T and Greene Sue C
Bought by
Mendelssohn Paxton Braden
Seller's Agent
Alexander Chapman
@properties Christie's Int'l R.E. Birmingham
Buyer's Agent
Patty Riley
Johnstone & Johnstone
List Price
$3,150,000
Sold Price
$2,785,000
Premium/Discount to List
-$365,000
-11.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.25%

Purchase Details

Closed on
Jan 4, 1999
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 $2,745,000 None Available
Quit Claim Deed -- None Available
Warranty Deed $2,785,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,720,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2019 11/14/19 Sold $2,745,000 -8.2% $305 / Sq Ft
10/11/2019 10/11/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $2,990,000 +7.4% $332 / Sq Ft
10/05/2017 10/05/17 Sold $2,785,000 -11.6% $310 / Sq Ft
09/04/2017 09/04/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $3,150,000 -- $350 / Sq Ft
Source: Realcomp

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 $72,777 $1,642,400 $0 $0
2023 $72,777 $1,472,200 $0 $0
2022 $72,777 $1,418,600 $0 $0
2021 $72,777 $1,448,100 $0 $0
2019 $72,032 $1,363,300 $0 $0
2018 $45,769 $1,301,600 $0 $0
2017 $29,854 $1,268,300 $0 $0
2016 $53,630 $1,234,900 $0 $0
2015 $80,704 $852,100 $0 $0
2013 $78,182 $801,680 $0 $0
2011 -- $867,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Patty Riley

    Coldwell Banker Professionals-GPF

    (313) 598-6107

    3 in this area

    27 Total Sales

    Patty Riley
    Section Image
  • Alexander Chapman

    Seller's Agent in 2017

    Alexander Chapman

    @properties Christie's Int'l R.E. Birmingham

    (313) 475-0275

    1 in this area

    120 Total Sales

    Alexander Chapman
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 217045019

Realcomp

APN: 74-001-02-0029-003

Michigan Wayne County Grosse Pointe Shores 48236

992 Lake Shore Rd, Grosse Pointe Shores, MI

This home is located at 992 Lake Shore Rd, Grosse Pointe Shores, MI 48236 and is currently priced at $2,785,000, approximately $309 per square foot. This property was built in 2003. 992 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.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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