NOT LISTED FOR SALE

592 Lakeland St Grosse Pointe, MI 48230

Estimated Value: $627,000 - $871,000

5 Beds
3 Baths
4,313 Sq Ft
$170/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $650,000 $151 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,892/month

56 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Formal Dining Room
  • Lewis Maire Elementary School Rated A
  • Home Office
  • Fenced Yard

About This Home

As of February 2022

LOCATION, CHARACTER, QUALITY & LOTS OF LIVING AREA * 5 BEDROOMS, 3 FULL BATHS * 175 FT. DEEP LOT*CENTRAL LOCATION TO SCHOOL'S, VILLAGE SHOPS, WATERFRONT PARK, ATHLETIC FIELDS, NEIGHBORHOOD CLUB *PANELED LIBRARY * 2 EXTRA SITTING ROOMS 15 x 10 EACH * EXCEPTIONAL RECREATION ROOM WITH PLASTER FINISHES * NEW "TEAR OFF" ROOF - 2019 * MAIN FURNACE AND CENTRAL AIR REPLACED 2018-2019 * FURNACE FOR ADDITION REPLACED 2011 * NEW HOT WATER HEATER 2021 * HARDWOOD FLOORS IN ALL ROOMS * LARGE KITCHEN AND ADJACENT "GATHERING ROOM" BOTH WITH CLEAR ACCESS AND VIEWS OF THE 175 FT DEEP LOT WITH AN EXCEPTIONAL BRICK PATIO AND MATURE LANDSCAPES * PDF FOR DISCLOSURES AND FLOOR PLAN DRAWINGS ATTACHED

Last Agent to Sell the Property

John D. Hoben

Sine & Monaghan LLC License #MISPE-6506028820 Listed on: 12/09/2021

Sine & Monaghan LLC

Last Buyer's Agent

Catherine Harber

@properties Christie's Int'l RE Grosse Pointe License #6501423756

@properties Christie's Int'l RE Grosse Pointe

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 60 x 175
  • Fenced Yard

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Bay Window
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Home Security System
  • Eat-In Kitchen
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Schools

  • Maire Elementary School
  • Pierce Middle School
  • South High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Community Sewer or Septic

Community Details

  • Lakeland Court Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37-003-01-0060-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,472

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type: 1 to 4 Units
  • Type Of Property: Single Family
  • Architecture Style: Colonial, Traditional
  • Structure Style: More Than 2 Stories
  • Flood Insurance: Not Required
  • Year Built: 1940
  • Mail City: Grosse Pointe
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bay Window, Hardwood Floors, Security System
  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace, LivRoom Fireplace
  • Basement: Yes
  • Basement: Partially Finished
  • Bedrooms: 5
  • Bedroom 1: On 2nd Floor, Dimensions: 18 x 13
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On 2nd Floor, Dimensions: 13 x 12
  • Bedroom 2 Floor Covering: Wood
  • Bedroom 3: On 2nd Floor, Dimensions: 12 x 10
  • Bedroom 3 Floor Covering: Wood
  • Bedroom 4: On 2nd Floor, Dimensions: 14 x 14
  • Bedroom 4 Floor Covering: Wood
  • Bedroom 5: On 3rd Floor, Dimensions: 16 x 12
  • Bedroom 5 Floor Covering: Wood
  • Full Bathrooms: 3
  • Total Bathrooms: 5
  • Bathroom 1: Dimensions: 10 x 9, On Level: Second, Flooring: Ceramic
  • Bathroom 2: Dimensions: 9 x 7, On Level: Second, Flooring: Ceramic
  • Bathroom 3: Dimensions: 9 x 5, On Level: Third, Flooring: Ceramic
  • Room Types: Den/Study/Lib, Family Room, Primary Bathroom, Home Office, Basement Lavatory, First Flr Lavatory, Primary Bdrm Suite, Eat-In Kitchen, Formal Dining Room
  • Breakfast Nook: On 1st Floor, Dimensions: 10 x 7
  • Breakfast Nook Floor Covering: Wood
  • Dining Room: On 1st Floor, Dimensions: 14 x 14
  • Dining Room Floor Covering: Wood
  • Family Room: On 1st Floor, Dimensions: 18 x 14
  • Family Room Floor Covering: Wood
  • Kitchen: On 1st Floor, Dimensions: 20 x 12
  • Kitchen Floor Covering: Wood
  • Library Den: On 1st Floor, Dimensions: 12 x 12
  • Library Den Floor Covering: Wood
  • Living Room: On 1st Floor, Dimensions: 21 x 16
  • Living Room Floor Covering: Wood
  • Sitting Room: On 2nd Floor, Dimensions: 17 x 10
  • Sun Room: On 1st Floor, Dimensions: 17 x 10
  • Other Room1: Dimensions: 17x10, On Level: Second
  • Other Room 2: Dimensions: 17x10, On Level: Second
  • Below Grade Sq Ft: 1388
  • Finished Below Grade Sq Ft: 800
  • Half Bathrooms: 2
  • Above Grade Finished Sq Ft: 3513
  • Total Finished Sq Ft: 4313

Exterior Features

  • Exterior: Brick
  • Exterior Features: Fenced Yard, Patio
  • Foundation: Basement
  • Frontage: 60
  • Road: City/County
  • Frontage Type: Road

Garage/Parking

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

Utilities

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

Schools

  • Elementary School: Maire
  • Middle School: Pierce
  • High School: South

Lot Info

  • Assessor Parcel Number: 37-003-01-0060-000
  • Zoning: Residential
  • Lot Dimensions: 60 x 175
  • Acreage: 0.24
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $6,757.00
  • Winter Tax: Year: 2020, Amount: $3,715.00
  • Taxable Value: 196222
  • Total Tax: Year: 2021, Amount: $10,472.00
  • SEV Year: 2021

MLS Schools

  • Elementary School: Maire
  • Middle School: Pierce
  • School District: Grosse Pointe Public Schools
  • HighSchool: South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2021
Closed on
Feb 18, 2022
Sold by
Margaret D Thompson Revocable Trust
Bought by
Shaw Michael B and Shaw Tyler M
Seller's Agent
John D. Hoben
Sine & Monaghan LLC
Buyer's Agent
Catherine Harber
@properties Christie's Int'l RE Grosse Pointe
List Price
$750,000
Sold Price
$650,000
Premium/Discount to List
-$100,000
-13.33%
Current Estimated Value
$732,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,554
Avg. Annual Appreciation
3.66%
Original Mortgage
$617,500
Outstanding Balance
$577,739
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$154,815

Purchase Details

Closed on
Aug 15, 2000
Sold by
Thompson James A
Bought by
Thompson Margaret D
Source: Public Records

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Range of Values:

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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
Shaw Michael B $650,000 Ata National Title
Thompson Margaret D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaw Michael B $617,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $650,000 -7.0% $151 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
01/07/2022 01/07/22 Price Changed $699,000 -6.8% $162 / Sq Ft
12/09/2021 12/09/21 For Sale $750,000 -- $174 / 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 $9,746 $302,700 $0 $0
2023 $9,295 $273,000 $0 $0
2022 $10,487 $270,200 $0 $0
2021 $9,944 $269,800 $0 $0
2019 $10,328 $254,300 $0 $0
2018 $6,289 $233,600 $0 $0
2017 $6,639 $230,600 $0 $0
2016 $9,465 $220,300 $0 $0
2015 $17,948 $196,800 $0 $0
2013 $17,388 $183,000 $0 $0
2012 -- $169,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50062385

Michigan Multiple Listing Service

APN: 37-003-01-0060-000