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285 Ridgemont Road

285 Ridgemont Road, Grosse Pointe, MI 48236
Sold Jul 30, 2021
$319,000
$255,200 by Guaranteed Rate Inc
Mortgage Due Aug 01, 2051
Sold Oct 20, 2004
$255,000
285 Ridgemont Road has been categorized by the local assessors in Grosse Pointe, MI as a residential type of property. The building on the property was first built in 1926 and is 98 years old. However, we must point out that the home was most recently renovated and altered in 1961. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 285 Ridgemont Road has 1,404 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,480 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,405 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 360 sqft. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. In terms of heating, it is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 285 Ridgemont Road sold most recently in Jul 29, 2021 for a total of $319,000. If you work out the math, that's approximately a cost of $227.21 per sqft. Before that, the property was also sold for $255,000 in Jul 15, 2004. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,189 in taxes each year. 285 Ridgemont Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $125,400. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Cedar Siding
Wood Exterior

Parking

Detached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 936
  • Garage Type: Garage
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,480
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,404
  • Building Area: 1,404
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,404
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GROSSE POINTE
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FMS222 LOT 222 ASSESSORS GROSSE POINTE FARMS PLAT NO. 5 PC 404 L66 P100 WCR

Ownership

  • Current Owner : MADIGAN ELAINE
  • Previous Owner : SHEPHERD THERESA S
  • Owner Before Previous Owner: BRYANT ANDREW D
  • Owner Before Previous Owner 2: BRYANT TAMMEY M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Grosse Pointe Public Schools
  • School Tax School District: GROSSE POINTE
  • Census Tract: 550700

Geography

  • District: 38
  • Section: 01
  • Parcel: 38 006 01 0222 000
  • Lot: 222
  • Municipality: GROSSE POINTE FARMS CITY
  • Latitude: 42.4106
  • Longitude: -82.9008

    Address

  • Full Address: 285 Ridgemont Rd
  • Address - House Number: 285
  • Address - Street Name: Ridgemont
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Grosse Pointe Farms
  • Carrier Code: C010
  • 4-Digit Zip Code: 3131
  • Zip Code: 48236

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,189
  • Tax Rate Code Area: 82055

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 266,010
  • High Value: 387,453
  • Low Value: 144,566

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $255,200
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jul 30, 2021
  • First Open Lien Mortgage Loan Amount: $255,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $250,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $125,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 29, 2021
  • Current Sale Recording Date: Jul 30, 2021
  • Current Sale Transaction ID: 11848213924
  • Current Sale Price: $319,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021297646
  • Previous Sale Recording Date: Oct 20, 2004
  • Previous Sale Contract Date: Jul 15, 2004
  • Previous Sale Amount: $255,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jul 30, 2021
  • First Mortgage Loan Amount: $255,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

About Grosse Pointe



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Frequently Asked Questions

What neighborhood is 285 Ridgemont Road located in?
The 285 Ridgemont Road is a located in the neighborhood of Grosse Pointe Farms in Grosse Pointe, Grosse Pointe.
What is the average sales price for listings in 285 Ridgemont Road?
The average sales price for units in 285 Ridgemont Road is $0 currently.

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