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487 Lakeland St, Grosse Pointe, MI, 48230

$950,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths
3,573 SqFt
$266/SqFt
House

Location

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487 Lakeland St, Grosse Pointe$950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingAttached
Attached Garage2 spaces
Year Built1949
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240080831
Lot Size0.41 Acres
StatusActive

About 487 Lakeland St

Welcome to this beautifully maintained Colonial home, nestled on a sprawling lot in the heart of Grosse Pointe, mere steps from the shops and amenities of The Village. As you arrive, you’ll be greeted by meticulously cared-for landscaping, setting the tone for the warmth and charm this home offers. Upon entering, the living room welcomes you with a cozy fireplace, making it perfect for gatherings and conveniently located near a spacious full bathroom. Across the hall, a formal dining room provides an ideal space for hosting dinners. Adjacent to the dining room is the newly updated kitchen, where thoughtful design meets modern functionality. The great room, with its cathedral ceilings and oversized windows, is a true showstopper, bathing the space in natural light. Overlooking the great room is a mezzanine with built-in shelving; a perfect nook for relaxing with a favorite book. Upstairs, you’ll find four generously sized bedrooms, including a Primary suite with a private full bathroom. The fully finished basement expands your living space with an additional full kitchen, bathroom, and ample room for entertaining or hosting guests. Outdoors, the expansive .41-acre backyard offers a serene escape with an oversized patio, perfect for entertaining or unwinding. A vegetable garden adds to the charm, providing the perfect space for gardening enthusiasts. This home is a stunning blend of modern updates and timeless character, offering both beauty and functionality throughout. Don’t miss your chance to make this gem your own!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1949
  • Stories: 2
  • Living Area: 3,573 SqFt

Listing Office:

  • Office Name: Century 21 Curran & Oberski
  • Office Phone: (734) 464-6400
  • Listing Agent: Brieanna Selders

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached

Lot Features

Lot Information:

  • Lot Size: 0.41 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

School Info

Assigned Schools Information:

  • Grosse Pointe South High School, Public District Grades 9-12
  • Pierce Middle School, Public District Grades 6-8

Other

Directions Information:

  • Directions: N of Cadieux, E of Kercheval

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000
  • Price Per SqFt: $266/SqFt

Tax Information:

  • Annual Amount: $13,120
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Grosse Pointe, MI.

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Grosse Pointe, MI

City

Med. Sold Price

$385K

Med. Price/SqFt

$195

Avg. Days On Market

20

# of Sold Homes

13

487 Lakeland St vs Grosse Pointe

10 DAYS ON ROCKET

-10 Days

$950,000

+$565K More

$266/SqFt

+$70 More

KEY TAKEAWAY

This property is $565K more than the Median Sold Price and $70/SqFt more than other homes in Grosse Pointe, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240080831

Listing Office:

  • Office Name: Century 21 Curran & Oberski
  • Office Phone: (734) 464-6400
  • Listing Agent: Brieanna Selders

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 5:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 16, 2009Home Sold
$458,000
Nov 16, 2009Home Sold
$485,000

Tax History

YEARPROP. TAXASSESSMENT
2021$13,120$346,600
2020$12,232$339,800
2018$12,232$284,100
2017$12,042$269,900

History based on county public records data.

Payment Calculator

$4,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-1864939
9
/10

  • Pierce Middle School

  • 15430 Kercheval Ave

  • 1.35 miles

  • Public District Grades 6-8

High School

school-card-donut-1864940
10
/10

  • Grosse Pointe South High School

  • 11 Grosse Pointe Blvd

  • 0.56 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $112,500. Residents of Grosse Pointe, MI typically earn between $35k-100k each year. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 487 Lakeland St

What is the listing price of this property?

The listing price of 487 Lakeland St property is $950,000.

What type of property is this?

The property 487 Lakeland St is a house located in Grosse Pointe, Michigan, 48230.

Is this property for sale now?

Active Listing: 487 Lakeland St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 487 Lakeland St are:
Pierce Middle School: GreatSchools Rating 9/10
Grosse Pointe South High School: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $13,120 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 16, 2009 for $458,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 487 Lakeland St has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 487 Lakeland St is 3,573 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 487 Lakeland St is 1949.

Rocket Homes›Michigan›Wayne County›Grosse Pointe›48230›487 Lakeland St

This home is located at 487 Lakeland St in Grosse Pointe, MI and zip code 48230. This 3,573 square foot home, which was built in 1949, sits on a 0.41 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $950,000.

Over 2 listings were sold over their listed price in October 2024 in Grosse Pointe, MI. In the same period over 8 listings were sold below the listed price and 3 listings were sold for the listed price. The inventory of homes for sale in Grosse Pointe, MI between September 2024 and October 2024 increased by 10.6%. The median list price of listings available in October 2024 was $385,000, while the average time on the real estate market was 20 days.

From Rocket Homes Real Estate and based on county public records data.

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