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1040 Lake Shore Road

1040 Lake Shore Road, Grosse Pointe, MI 48236
Sold Sep 12, 2023
$2,380,000
Sold Aug 18, 2022
Transfer
Local assessors in Grosse Pointe, MI have categorized 1040 Lake Shore Road as a residential type of property. The home was built in 1951 and is 73 years old. The property's lot size has been calculated to be 123,623 square feet. The linear feet between the front and back of the lot was measured at 10,051 ft and the front of the lot was measured at 1,180 ft. As for the restroom situation, there are 4 full bathrooms. There are also 6 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1040 Lake Shore Road has a total of 4,148 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 1,740 sqft. There are 6 available parking spaces so it's a great situation for those with more than one car. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1040 Lake Shore Road was last sold in Sep 8, 2023 for $2,380,000. According to our calculations, that's $573.77 per sqft. Current property owners are expected to pay $29,566 in taxes per year. The property on 1040 Lake Shore Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $834,400. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Bedroom Count: 0
  • Bathroom Count: 6
  • Full Bathrooms: 4
  • Partial Bathrooms: 6
  • Building Quality: B
  • Basement Type: Unspecified basement
  • Basement Area: 1,358
  • Garage Type: Garage
  • Garage Square Area: 1,740
  • Parking Space Count: 6

    Dimensions

  • Lot Size Square Feet: 123,623
  • Lot Size Depth Feet: 10,051
  • Lot Size Frontage Feet: 1,180
  • Total Building Area: 4,148
  • Building Area: 4,148
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 4,148
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ASSESSORS GROSSE POINTE SHORES PLAT NO 3
  • Land Acres: 2.838
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 4 ASSESSORS GROSSE POINTE SHORES PLAT NO 3

Ownership

  • Current Owner : KRAMER ADRIAN
  • Current Owner 2: KRAMER GLORIA
  • Previous Owner : VANELSLANDER DAVID
  • Previous Owner 2: VANELSLANDER SUSAN
  • Owner Before Previous Owner: KURTZ HARRY J
  • Owner Before Previous Owner 2: KURTZ LYNN M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: South Lake Schools
  • School Tax School District: SOUTH LAKE
  • Census Tract: 252200

Geography

  • District: 18
  • Parcel: 18-14-35-454-001
  • Lot: 4
  • Municipality: GROSSE POINTE SHORES VLGE CITY
  • Latitude: 42.453
  • Longitude: -82.8707

    Address

  • Full Address: 1040 Lake Shore Rd
  • Address - House Number: 1040
  • Address - Street Name: Lake Shore
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Grosse Pointe Shores
  • Carrier Code: C016
  • 4-Digit Zip Code: 4106
  • Zip Code: 48236

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $29,566

    Appraisal Valuation

  • Standard Deviation: 0.3541
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 29
  • Final Value: 1,513,947
  • High Value: 2,050,052
  • Low Value: 977,841

    Market Valuation

  • Market Total Value: $1,668,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $834,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 08, 2023
  • Current Sale Recording Date: Sep 12, 2023
  • Current Sale Transaction ID: 11913901609
  • Current Sale Price: $2,380,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 77795
  • Previous Sale Recording Date: Aug 18, 2022
  • Previous Sale Contract Date: Aug 12, 2022
  • Previous Sale Document Type: Warranty Deed

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Frequently Asked Questions

What neighborhood is 1040 Lake Shore Road located in?
The 1040 Lake Shore Road is a located in the neighborhood of Village of Grosse Pointe Shores in Grosse Pointe, Grosse Pointe.
What is the average sales price for listings in 1040 Lake Shore Road?
The average sales price for units in 1040 Lake Shore Road is $0 currently.

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