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245 Stephens Rd, Grosse Pointe Farms, MI, 48236

$650,000

Home List Price

$7,719*

Closing Credit

4 Bedrooms
3 Full Baths
1,838 SqFt
$354/SqFt
House

Location

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245 Stephens Rd, Grosse Pointe Farms$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage1 space
Year Built1951
HeatingNatural Gas, Forced Air
CoolingCentral Air, Whole House Fan
BasementYes
WaterfrontLake, Water Access
FireplaceBasement Fireplace, LivRoom Fireplace
Private PoolYes
MLS #50152026
Lot Size0.22 Acres
StatusActive

About 245 Stephens Rd

DISCOVER A MID-CENTURY GEM HIDDEN IN PLAIN SIGHT. Nestled at the foot of Stephens hill is a rare opportunity to own a bi-level mid-century ranch. This 3-bedroom, 2-full-bath home has a bonus 4th bedroom, 3rd full-bath and an attached garage on the lower walk-out level - Over 2400 square-feet of valuable living space. Featuring a circular floor plan, there's over 500 square-feet of open living room, dining and and bonus space. Original Pella picture windows bring the beauty of the outdoors in, and the Crab Orchard stone fireplace adds to the modern flair. Renovated in the 90’s, the Mutschler kitchen is equipped with double Gaggenau wall ovens, Sub-Zero refrigerator and Bosh dishwasher. The bedroom wing has hardwood floors and an abundance of double-wide closets, offering ample storage and the opportunity to locate a laundry on the main floor. The finished areas on the lower level add 620 square-feet of versatile living space, including a multi-purpose room with plentiful cabinetry, ceramic floor and an efficient Norwegian, Jøtul, wood-burning fireplace. Brand-new furnace & Air conditioning ensure comfort year-round. Additional features include pull-down attic stairs, a whole-house fan and copper plumbing. Solid and dry, the below-grade walls are cement plastered for added moisture protection, complemented by drain tiles on both sides of all exterior walls. On a terraced hillside, the cozy backyard is a tranquil retreat, with its freshly painted deck, lush gardens and the evergreen backdrop of Piney Woods. All this, in a very desirable location. Convenient to schools, shopping, hospitals & Midtown Detroit.

Property Details

Property Features

Property Information:

  • Year Built: 1951
  • Stories: 1
  • Living Area: 1,838 SqFt

Listing Office:

  • Office Name: Sine & Monaghan LLC
  • Office Phone: (313) 884-7000
  • Listing Agent: Charles Krasner

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Range, Oven, Refrigerator, Washer
  • Basement: Yes
  • Interior: Ceramic Floors, Hardwood Floors
  • Fireplace: Basement Fireplace, LivRoom Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Lake, Water Access
  • Exterior: Deck, Fenced Yard, Porch, Garden Area

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air, Whole House Fan

School Info

Assigned Schools Information:

  • Grosse Pointe South High School, Public District Grades 9-12
  • Brownell Middle School, Public District Grades 6-8

School District Information:

  • School District: Grosse Pointe Public Schools

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
  • Price Per SqFt: $354/SqFt

Tax Information:

  • Annual Amount: $10,750
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Grosse Pointe Farms, MI.

Med. Sold Price

$549.5K

Med. Price/SqFt

$250

Avg. Days On Market

19

# of Sold Homes

11

245 Stephens Rd vs Grosse Pointe Farms

37 DAYS ON ROCKET

+18 Days

$650,000

+$100.5K More

$354/SqFt

+$104 More

KEY TAKEAWAY

This property is $100.5K more than the Median Sold Price and $104/SqFt more than other homes in Grosse Pointe Farms, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MiRealSource
  • MLS Number: #50152026

Listing Office:

  • Office Name: Sine & Monaghan LLC
  • Office Phone: (313) 884-7000
  • Listing Agent: Charles Krasner

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/20/2024, 10:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$10,750$267,500
2020$10,319$265,300
2018$10,319$252,200
2017$10,039$246,100

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-171934
9
/10
  • Brownell Middle School

  • 260 Chalfonte Ave

  • 0.43 miles

  • Public District Grades 6-8

High School

school-card-donut-171935
10
/10
  • Grosse Pointe South High School

  • 11 Grosse Pointe Blvd

  • 0.91 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $147,596. Residents of Grosse Pointe Farms, MI typically earn $200k+ each year. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 245 Stephens Rd

What is the listing price of this property?

The listing price of 245 Stephens Rd property is $650,000.

What type of property is this?

The property 245 Stephens Rd is a house located in Grosse Pointe Farms, Michigan, 48236.

Is this property for sale now?

Active Listing: 245 Stephens Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 245 Stephens Rd are:
Brownell Middle School: GreatSchools Rating 9/10
Grosse Pointe South High School: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $10,750 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 245 Stephens Rd has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 245 Stephens Rd is 1,838 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 245 Stephens Rd is 1951.

Rocket HomesMichiganWayne CountyGrosse Pointe Farms48236245 Stephens Rd

This home is located at 245 Stephens Rd in Grosse Pointe Farms, MI and zip code 48236. This 1,838 square foot home, which was built in 1951, sits on a 0.22 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $650,000.

Grosse Pointe Farms, MI housing market in August 2024 saw over 5 listings sold above listed price, more than 1 sold at listed price and over 5 sold below. In August 2024 in Grosse Pointe Farms, MI there were 24% less homes for sale than in July 2024. In August 2024, listings were on the market for 19 days. During the same period, the median list price in this real estate market was $549,500.

From Rocket Homes Real Estate and based on county public records data.

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