NOT LISTED FOR SALE

862 Lakeland St Grosse Pointe, MI 48230

Estimated Value: $520,569 - $589,000

4 Beds
2.5 Baths
2,253 Sq Ft
$249/Sq Ft Est. Value

Last Sold September 16, 2024

Last sale price $514,000 $228 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,389/month

11 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Lewis Maire Elementary School Rated A

About This Home

As of September 2024

Welcome to this charming and well-maintained central entrance colonial on a quiet street in Grosse Pointe City. This home is meticulous! The inviting living room features a beautiful fireplace, perfect for cozy evenings. The additional den/ family rooms offers great versatility for relaxation or recreation. Adjacent to the kitchen is the dining room which showcases large bright windows. The second floor boasts 4 spacious bedrooms, including a primary ensuite. The amazingly large basement provides an excellent opportunity to create additional living space to suit your needs. With minor cosmetic updates, this home holds incredible potential. Underneath the carpet, you will find stunning hardwood floors waiting to be revealed.

Last Agent to Sell the Property

Panagiota Vasilos

Sine & Monaghan LLC License #MISPE-6506046473 Listed on: 08/15/2024

Sine & Monaghan LLC

Last Buyer's Agent

Robert Crandall

Sine & Monaghan LLC License #MISPE-6501255048

Sine & Monaghan LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1959

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 60x175

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,253 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Community Details

  • Staelens Garden Sub 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37-002-08-0022-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,809

Year Built

Built in 1959

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: 7809
  • Year Built: 1959
  • Mail City: Grosse Pointe
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace
  • Basement: Yes
  • Basement: Unfinished
  • Bedrooms: 4
  • Bedroom 1: On 2nd Floor, Dimensions: 13 x 16
  • Bedroom 2: On 2nd Floor, Dimensions: 12 x 13
  • Bedroom 3: On 2nd Floor, Dimensions: 12 x 14
  • Bedroom 4: On 2nd Floor, Dimensions: 13 x 11
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: Dimensions: 7 x 8, On Level: Second
  • Bathroom 2: Dimensions: 7 x 5, On Level: Second
  • Breakfast Nook: On 1st Floor, Dimensions: 10 x 7
  • Dining Room: On 1st Floor, Dimensions: 12 x 13
  • Kitchen: On 1st Floor, Dimensions: 11 x 10
  • Library Den: On 1st Floor, Dimensions: 13 x 12
  • Living Room: On 1st Floor, Dimensions: 13 x 18
  • Sun Room: On 1st Floor, Dimensions: 17 x 12
  • Below Grade Sq Ft: 1100
  • Above Grade Finished Sq Ft: 2253
  • Total Finished Sq Ft: 2253
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Brick
  • Foundation: Basement
  • Frontage: 60
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Parking: Garage
  • Garage: Yes

Utilities

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

Lot Info

  • Assessor Parcel Number: 37-002-08-0022-000
  • Lot Dimensions: 60x175
  • Acreage: 0.24
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2024, Amount: $5,294.00
  • Winter Tax: Year: 2023, Amount: $2,515.00
  • Total Tax: Amount: $7,809.00

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Sep 16, 2024
Sold by
Mildred K Murray Revocable Living Trust and Murray Gordon Bradford
Bought by
Henke Philip T and Henke Kathryn L
Seller's Agent
Panagiota Vasilos
Sine & Monaghan LLC
Buyer's Agent
Robert Crandall
Sine & Monaghan LLC
List Price
$514,000
Sold Price
$514,000
Views
55
Current Estimated Value
$560,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,392
Avg. Annual Appreciation
7.34%
Original Mortgage
$488,263
Outstanding Balance
$482,774
Interest Rate
6.47%
Mortgage Type
VA
Estimated Equity
$77,618
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Henke Philip T $514,000 Ata National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henke Philip T $488,263
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2024 09/16/24 Sold $514,000 0.0% $228 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
08/15/2024 08/15/24 For Sale $514,000 -- $228 / 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 $5,294 $261,700 $0 $0
2024 $5,294 $239,000 $0 $0
2023 $5,048 $216,600 $0 $0
2022 $7,306 $214,500 $0 $0
2021 $6,928 $214,300 $0 $0
2019 $7,195 $198,800 $0 $0
2018 $4,382 $190,000 $0 $0
2017 $4,626 $187,700 $0 $0
2016 $6,594 $179,500 $0 $0
2015 $12,505 $160,400 $0 $0
2013 $12,114 $126,700 $0 $0
2012 -- $118,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Panagiota Vasilos

    Seller's Agent in 2024

    Panagiota Vasilos

    Sine & Monaghan LLC

    (313) 477-3124

    19 in this area

    197 Total Sales

    Panagiota Vasilos
    Section Image
  • Robert Crandall

    Buyer's Agent in 2024

    Robert Crandall

    Sine & Monaghan LLC

    (313) 720-8043

    4 in this area

    34 Total Sales

    Robert Crandall
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50152265

Michigan Multiple Listing Service

APN: 37-002-08-0022-000

Michigan Wayne County Grosse Pointe 48230

862 Lakeland St, Grosse Pointe, MI

Not Listed for Sale

Detached

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Michigan Multiple Listing Service Source MLS: MiRealSource
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