NOT LISTED FOR SALE

874 Lakeland Ct Grosse Pointe, MI 48230

Estimated Value: $578,997 - $626,000

4 Beds
2.5 Baths
2,468 Sq Ft
$245/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $490,000 $199 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,895/month

Highlights

  • Outdoor Pool
  • Colonial Architecture
  • 2 Car Detached Garage
  • Lewis Maire Elementary School Rated A
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of August 2023

Spacious 4 bed 2.1 bath colonial in the heart of Grosse Pointe. Meticulously maintained and pride of ownership throughout this home is ready for its next owner. Hard to come by value for a 4 bedroom house under 500k in the Pointe's!!!!

Last Agent to Sell the Property

Spencer Ray

Jim Saros Real Estate Services License #6501409153 Listed on: 08/14/2023

Last Buyer's Agent

Jimmy Saros

Jim Saros Real Estate Services License #6501398798

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1958

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 59.80 x 151.30

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,468 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Partially Finished Basement

Kitchen

  • Built-In Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Sewer in Street

Additional Features

  • Outdoor Pool
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 37002090030000
  • $1,700 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • Staelens Garden Sub No 3 Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,306

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1958
  • State Equalized Value: 220500.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: 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: Built-In Gas Oven, Dishwasher, Disposal, Dryer, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 3068
  • Sq Ft Lower Floor: 600
  • Total Sq Ft: 2468
  • Sq Ft Total Bsmt: 1120

Exterior Features

  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Pool – Community
  • Foundation Materials: Block
  • Frontage Feet: 59
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Grosse Pointe

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.19
  • Lot Dimensions: 59.80 x 151.30
  • Parcel Number: 37002090030000

Tax Info

  • Tax Amount Summer: 4819.0000
  • Tax Amount Winter: 2487.0000
  • Total Tax: 7306.0000
  • Taxable Value: 141217.0000

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2023
Closed on
Aug 9, 2023
Sold by
Alice M Reisig Living Trust
Bought by
Fitzpatrick Kerry and Lynch Carrie
Seller's Agent
Spencer Ray
Jim Saros Real Estate Services
Buyer's Agent
Jimmy Saros
Jim Saros Real Estate Services
List Price
$484,900
Sold Price
$490,000
Premium/Discount to List
$5,100
1.05%
Current Estimated Value
$605,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,249
Avg. Annual Appreciation
4.97%
Original Mortgage
$465,500
Outstanding Balance
$456,977
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$86,136

Purchase Details

Closed on
Oct 11, 2015
Sold by
Reisig Robert and Reisig Robert O
Bought by
Reisig Robert O and Reisig Alice 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
Fitzpatrick Kerry $490,000 None Listed On Document
Reisig Robert O -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fitzpatrick Kerry $465,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2023 08/14/23 For Sale $484,900 -1.0% $196 / Sq Ft
08/11/2023 08/11/23 Sold $490,000 -- $199 / Sq Ft
08/10/2023 08/10/23 Pending -- -- --
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 $8,388 $270,300 $0 $0
2024 $8,388 $246,700 $0 $0
2023 $5,048 $222,700 $0 $0
2022 $7,306 $220,500 $0 $0
2021 $6,928 $220,300 $0 $0
2019 $7,195 $206,700 $0 $0
2018 $4,382 $190,500 $0 $0
2017 $4,626 $188,100 $0 $0
2016 $6,594 $179,700 $0 $0
2015 $12,505 $160,100 $0 $0
2013 $12,114 $127,000 $0 $0
2012 -- $118,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230067967

Realcomp

APN: 37-002-09-0030-000