NOT LISTED FOR SALE

550 Lakeland St Grosse Pointe, MI 48230

Estimated Value: $688,636 - $706,000

4 Beds
2.5 Baths
2,497 Sq Ft
$278/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $555,000 $222 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,480/month

77 Days on Market

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • 2 Car Attached Garage
  • Lewis Maire Elementary School Rated A
  • No HOA
  • 4-minute walk to Rotary Tot Lot

About This Home

As of September 2021

One block from The Village shopping district, Maire Elementary and The Neighborhood Club Community Center. Completely renovated center entrance colonial with open floor plan in kitchen and family room. Fireplaces in living room and family room. New kitchen with granite countertops and stainless steel appliances. First floor laundry. Master suite with new master bath and three additional bedrooms and second bath. Basement finished and professionally waterproofed, large storage room and furnace room. Updated furnace, roof and electrical, new air conditioning and security system. Situated on large corner lot with two car attached garage, and immediate occupancy.

Last Agent to Sell the Property

Mark Monaghan

Sine & Monaghan LLC License #6501168047 Listed on: 06/08/2021

Sine & Monaghan LLC

Last Buyer's Agent

Scott Adlhoch

License #6502432674

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1963

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 60.00x175.30

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,497 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dishwasher
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Ground Level Unit

Utilities

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

Community Details

  • No Home Owners Association
  • Lakeland Court Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37003010069001

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,875

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1963
  • State Equalized Value: 250400.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Family Room, Living Room
  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher
  • Sq Ft Combined: 3497
  • Sq Ft Lower Floor: 1000
  • Total Sq Ft: 2497
  • Sq Ft Total Bsmt: 1245

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 60
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Grosse Pointe

Lot Info

  • Lot Size Area: 0.24
  • Lot Dimensions: 60.00X175.30
  • Parcel Number: 37003010069001

Tax Info

  • Tax Amount Summer: 5237.0000
  • Tax Amount Winter: 4638.0000
  • Total Tax: 9875.0000
  • Taxable Value: 154435.0000

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2021
Closed on
Sep 10, 2021
Sold by
Boutrous James J
Bought by
Hausser Marcus and Hausser Dima
Seller's Agent
Mark Monaghan
Sine & Monaghan LLC
Buyer's Agent
Scott Adlhoch
List Price
$599,900
Sold Price
$555,000
Premium/Discount to List
-$44,900
-7.48%
Current Estimated Value
$695,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,409
Avg. Annual Appreciation
5.74%

Purchase Details

Listed on
Feb 10, 2021
Closed on
Mar 29, 2021
Sold by
Neal Blake
Bought by
Boutrous James J
Seller's Agent
Jay Lambrecht
Lambrecht Realty LLC
Buyer's Agent
Jimmy Saros
Jim Saros Real Estate Services
List Price
$575,000
Sold Price
$560,000
Premium/Discount to List
-$15,000
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.97%
Original Mortgage
$532,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 11, 2020
Closed on
May 1, 2020
Sold by
Dunlop William M and Dunlop Diana M
Bought by
Neal Blake
Seller's Agent
Mark Monaghan
Sine & Monaghan LLC
Buyer's Agent
Jay Lambrecht
Lambrecht Realty LLC
List Price
$475,000
Sold Price
$430,000
Premium/Discount to List
-$45,000
-9.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.68%
Original Mortgage
$408,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 1999
Sold by
Hollerbach Kelly K
Bought by
Dunlop Diana M
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
Hausser Marcus $555,000 Ata National Title Group Llc
Boutrous James J $560,000 Chirco Title Agency Inc
Neal Blake $430,000 Ata National Title Group Llc
Dunlop Diana M $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boutrous James J $532,000
Previous Owner Neal Blake $408,500
Previous Owner Dunlop William M $356,000
Previous Owner Dunlop William M $352,500
Previous Owner Dunlop William M $33,500
Previous Owner Dunlop William M $368,000
Previous Owner Dunlop William M $250,000
Previous Owner Dunlop William M $214,500
Previous Owner Dunlop William M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $555,000 -5.1% $222 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
07/06/2021 07/06/21 Price Changed $585,000 -2.5% $234 / Sq Ft
06/08/2021 06/08/21 For Sale $599,900 +7.1% $240 / Sq Ft
03/29/2021 03/29/21 Sold $560,000 -2.6% $224 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $575,000 +33.7% $230 / Sq Ft
05/01/2020 05/01/20 Sold $430,000 -5.5% $172 / Sq Ft
04/19/2020 04/19/20 Pending -- -- --
03/10/2020 03/10/20 Price Changed $455,000 -4.2% $182 / Sq Ft
02/11/2020 02/11/20 For Sale $475,000 0.0% $190 / Sq Ft
08/15/2016 08/15/16 Rented $2,500 -13.8% --
08/05/2016 08/05/16 Under Contract -- -- --
06/28/2016 06/28/16 For Rent $2,900 +16.0% --
07/10/2012 07/10/12 Rented $2,500 0.0% --
06/14/2012 06/14/12 Under Contract -- -- --
05/31/2012 05/31/12 For Rent $2,500 -- --
Source: Realcomp

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 $9,700 $330,100 $0 $0
2024 $9,700 $301,300 $0 $0
2023 $9,250 $271,700 $0 $0
2022 $13,913 $268,900 $0 $0
2021 $13,612 $268,600 $0 $0
2019 $10,599 $252,500 $0 $0
2018 $5,237 $241,300 $0 $0
2017 $9,098 $238,200 $0 $0
2016 $9,597 $227,400 $0 $0
2015 $14,946 $203,000 $0 $0
2013 $14,479 $151,900 $0 $0
2012 -- $141,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Monaghan

    Seller's Agent in 2021

    Mark Monaghan

    Sine & Monaghan LLC

    (313) 402-6998

    18 in this area

    133 Total Sales

    Mark Monaghan
    Section Image
  • Jay Lambrecht

    Seller's Agent in 2021

    Jay Lambrecht

    Lambrecht Realty LLC

    (313) 610-2710

    5 in this area

    98 Total Sales

    Jay Lambrecht
    Section Image
  • Scott Adlhoch

    Buyer's Agent in 2021

    Scott Adlhoch

    (313) 550-1181

    10 in this area

    92 Total Sales

    Scott Adlhoch
    Section Image
  • Jimmy Saros

    Buyer's Agent in 2021

    Jimmy Saros

    Jim Saros Real Estate Services

    (313) 729-7857

    22 in this area

    240 Total Sales

    Jimmy Saros
    Section Image

  • N

    Buyer's Agent in 2016

    Nora Utley

    Sine & Monaghan LLC

    Section Image

  • .

    Buyer's Agent in 2012

    . Non Mls Member

    NON MLS MEMBER

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Map

Source: Realcomp

MLS Number: 2210043036

Realcomp

APN: 37-003-01-0069-001

Michigan Wayne County Grosse Pointe 48230

550 Lakeland St, Grosse Pointe, MI

This home is located at 550 Lakeland St, Grosse Pointe, MI 48230 since 08 June 2021 and is currently estimated at $695,409, approximately $278 per square foot. This property was built in 1963. 550 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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