NOT LISTED FOR SALE

488 Lakeland St Grosse Pointe, MI 48230

Estimated Value: $839,000 - $1,011,000

5 Beds
3 Baths
3,600 Sq Ft
$260/Sq Ft Est. Value

Last Sold April 29, 2019

Last sale price $660,000 $183 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $6,223/month

18 Days on Market

Highlights

  • 0.4 Acre Lot
  • Colonial Architecture
  • Wood Flooring
  • Lewis Maire Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Den

About This Home

As of April 2019

Location, location. Not your ordinary Colonial - Beautiful American colonial trimmed w/ stone located in the heart of GPCity. Expansive grounds 100x175 offers privacy & seclusion. Intricate paneled walls & exceptional crisp custom crown moldings. Hardwood floors throughout. Handsome Living Rm w/ fpl & bay window. Formal Dining Rm w/ built in corner cupboards. Updated Kitchen w/ granite countertops and adjacent library/breakfast room w/firepl & adjacent family rm w/ beamed ceiling & fireplace. Master bedroom w/ romantic fireplace & built-in cupboards. Newer bathrm w/ steam shower&whirlpool tub. 2 Walk in closets. Bright & sunny glassed Sunroom w/soaring vaulted ceiling &flagstone floor not incl in sq ft. Attached garage & convenient mudroom.

Last Agent to Sell the Property

Janet Ridder

Sine & Monaghan LLC License #MISPE-6506020234 Listed on: 02/11/2019

Sine & Monaghan LLC

Last Buyer's Agent

Lara Miller

@Properties Detroit License #RCO-6501398364

@Properties Detroit

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1941

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 100x175
  • Fenced Yard
  • Sprinkler System

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Bar Fridge
  • Gas Fireplace
  • Bay Window
  • Great Room with Fireplace
  • Family Room
  • Living Room with Fireplace
  • Den
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Schools

  • South High School

Utilities

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

Community Details

  • Lakeland Court Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37003010081000

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,194

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Total Tax Amount: 15193.56
  • Year Built: 1941
  • Mail City: Grosse Pointe
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Bay Window, Cable/Internet Avail., Hardwood Floors, Walk-In Closet
  • Appliances: Bar-Refrigerator, Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace, Grt Rm Fireplace, LivRoom Fireplace, Primary Bedroom Fireplace, Natural Fireplace
  • Basement: Yes
  • Basement: Block, Partially Finished
  • Bedrooms: 5
  • Bedroom 1: On 2nd Floor, Dimensions: 18 x 14
  • Bedroom 2: On 2nd Floor, Dimensions: 13 x 10
  • Bedroom 3: On 2nd Floor, Dimensions: 13 x 12
  • Bedroom 4: On 2nd Floor, Dimensions: 15 x 12
  • Bedroom 5: On 2nd Floor, Dimensions: 14 x 13
  • Full Bathrooms: 3
  • Total Bathrooms: 5
  • Below Grade Bedrooms: 1
  • Bathroom 1: On Level: Second
  • Bathroom 2: On Level: Second
  • Bathroom 3: On Level: Second
  • Room Types: Den/Study/Lib, Family Room, Living Room
  • Dining Room: On 1st Floor, Dimensions: 14 x 13
  • Family Room: On 1st Floor, Dimensions: 17 x 15
  • Kitchen: On 1st Floor, Dimensions: 14 x 14
  • Library Den: On 1st Floor, Dimensions: 14 x 14
  • Living Room: On 1st Floor, Dimensions: 25 x 14
  • Below Grade Sq Ft: 1348
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 3600
  • Total Finished Sq Ft: 3600

Exterior Features

  • Exterior: Brick, Stone, Wood
  • Exterior Features: Fenced Yard, Lawn Sprinkler, Patio, Sidewalks, Street Lights
  • Foundation: Basement, Crawl
  • Frontage: 100
  • Road: Curbed, Paved Street

Garage/Parking

  • Garage: Attached Garage, Electric in Garage, Gar Door Opener
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Schools

  • High School: South

Lot Info

  • Assessor Parcel Number: 37003010081000
  • Zoning: Residential
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft.
  • Lot Dimensions: 100x175
  • Acreage: 0.4
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2018, Amount: $9,923.21
  • Winter Tax: Year: 2018, Amount: $5,270.35
  • Taxable Value: 292623
  • Total Tax: Amount: $15,193.56
  • SEV Year: 2018

MLS Schools

  • School District: Grosse Pointe Public Schools
  • HighSchool: South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2019
Closed on
Apr 29, 2019
Sold by
Griffin Daniel J and Griffin Ann H
Bought by
Oliver Justin and Nebel Christina
Seller's Agent
Janet Ridder
Sine & Monaghan LLC
Buyer's Agent
Lara Miller
@Properties Detroit
List Price
$735,000
Sold Price
$660,000
Premium/Discount to List
-$75,000
-10.2%
Current Estimated Value
$936,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,284
Avg. Annual Appreciation
5.92%
Original Mortgage
$396,000
Interest Rate
4.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Oliver Justin $660,000 Ata National Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliver Justin $150,000
Open Oliver Justin $392,000
Closed Oliver Justin $396,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2019 04/29/19 Sold $660,000 -10.2% $183 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
02/11/2019 02/11/19 For Sale $735,000 -- $204 / 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
2025 $13,448 $419,300 $0 $0
2024 $13,448 $429,200 $0 $0
2023 $12,825 $386,800 $0 $0
2022 $18,562 $364,600 $0 $0
2021 $17,600 $361,500 $0 $0
2019 $16,296 $370,400 $0 $0
2018 $9,923 $327,200 $0 $0
2017 $10,476 $323,400 $0 $0
2016 $14,934 $291,000 $0 $0
2015 $28,320 $283,200 $0 $0
2013 $28,047 $295,000 $0 $0
2012 -- $273,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Janet Ridder

    Seller's Agent in 2019

    Janet Ridder

    Sine & Monaghan LLC

    (313) 300-5558

    9 in this area

    47 Total Sales

    Janet Ridder
    Section Image
  • Lara Miller

    Buyer's Agent in 2019

    Lara Miller

    @Properties Detroit

    (313) 523-0100

    4 in this area

    73 Total Sales

    Lara Miller
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31370575

Michigan Multiple Listing Service

APN: 37-003-01-0081-000

Michigan Wayne County Grosse Pointe 48230

488 Lakeland St, Grosse Pointe, MI

This home is located at 488 Lakeland St, Grosse Pointe, MI 48230 since 11 February 2019 and is currently estimated at $936,284, approximately $260 per square foot. This property was built in 1941. 488 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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