NOT LISTED FOR SALE

394 Lakeland St Grosse Pointe, MI 48230

Estimated Value: $1,330,000 - $1,839,000

11 Beds
5 Baths
7,000 Sq Ft
$236/Sq Ft Est. Value

Last Sold March 22, 2013

Last sale price $520,000 $74 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $10,371/month

51 Days on Market

About This Home

As of March 2013

STUNNING 11 BEDROOM COLONIAL LOCATED IN GROSSE POINTE FARMS!!! TONS OF LIVING AREA! BEAUTIFUL KITCHEN. HARDWOOD FLOORS. MULTIPLE FIREPLACES. WAY TOO MANY FEATURES TO LIST...A MUST SEE!!

Last Agent to Sell the Property

Randall Eissa

Villa Residential Realty Co. License #MISPE-6502354430 Listed on: 01/02/2013

Last Buyer's Agent

Dean Sine

Sine & Monaghan LLC License #MISPE-6502365517

Sine & Monaghan LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Lot Details

  • 0.7

Parking

  • 3 Car Garage

Interior Spaces

  • 7,000 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Full Bathrooms

Community Details

  • Lakeland Court Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37003010094000

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 2 Story
  • Total Tax Amount: 16938
  • Year Built: 1923
  • Mail City: Grosse Pointe Farms
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Yes
  • Bedrooms: 11
  • Full Bathrooms: 5
  • Total Bathrooms: 9
  • Half Bathrooms: 4
  • Above Grade Finished Sq Ft: 7000
  • Total Finished Sq Ft: 7000

Exterior Features

  • Foundation: Basement

Garage/Parking

  • Garage Spaces: 3
  • Garage: Yes

Utilities

  • Sewer: Public At Street
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 37003010094000
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Amount: $16,938.00

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2013
Closed on
Mar 12, 2013
Sold by
First Horizon Home Loans
Bought by
Rauh James L and Rauh Susan T
Seller's Agent
Randall Eissa
Villa Residential Realty Co.
Buyer's Agent
Dean Sine
Sine & Monaghan LLC
List Price
$595,000
Sold Price
$520,000
Premium/Discount to List
-$75,000
-12.61%
Current Estimated Value
$1,648,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,128,725
Avg. Annual Appreciation
7.54%
Original Mortgage
$468,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2011
Sold by
Stewart Robert and Stewart Jackie Sue
Bought by
First Horizon Home Loans
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
First Horizon Home Loans $1,096,997 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rauh James L $600,000
Closed Rauh Susan T $185,000
Closed Rauh James L --
Closed Rauh James L $447,000
Closed Rauh James L $468,000
Previous Owner Stewart Robert $1,012,500
Previous Owner Stewart Robert $202,365
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2013 03/22/13 Sold $520,000 -12.6% $74 / Sq Ft
02/22/2013 02/22/13 Pending -- -- --
01/02/2013 01/02/13 For Sale $595,000 -- $85 / 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 $16,129 $719,800 $0 $0
2023 $15,382 $587,900 $0 $0
2022 $22,263 $588,500 $0 $0
2021 $21,109 $551,100 $0 $0
2019 $21,924 $515,400 $0 $0
2018 $13,350 $493,900 $0 $0
2017 $14,094 $488,400 $0 $0
2016 $20,092 $481,400 $0 $0
2015 $38,100 $449,900 $0 $0
2013 $41,210 $412,100 $0 $0
2012 -- $379,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Randall Eissa

    Villa Residential Realty Co.

    (313) 804-1399

    18 Total Sales

    Section Image
  • Dean Sine

    Buyer's Agent in 2013

    Dean Sine

    Sine & Monaghan LLC

    (313) 550-5335

    15 in this area

    114 Total Sales

    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31131026

Michigan Multiple Listing Service

APN: 37-003-01-0094-000

Michigan Wayne County Grosse Pointe 48230

394 Lakeland St, Grosse Pointe, MI

This home is located at 394 Lakeland St, Grosse Pointe, MI 48230 since 02 January 2013 and is currently estimated at $1,648,725, approximately $235 per square foot. This property was built in 1923. 394 Lakeland St is a home located in Wayne County with nearby schools including Lewis Maire Elementary School, Pierce Middle School, and Grosse Pointe South 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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