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5 Lake Shore Ln, Grosse Pointe Shores, MI, 48236

$695,000

Home List Price

$8,253*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,998 SqFt
$232/SqFt
House

Location

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5 Lake Shore Ln, Village of Grosse Pointe Shores$695,000

Buyer Closing Credits

$8,253*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDirect Access, Electricity, Door Opener, Attached
Attached Garage2 spaces
Year Built1951
HeatingNatural Gas, Forced Air
CoolingCentral Air, Other
BasementYes
WaterfrontLake
FireplaceFamily Room
MLS #20240088538
Lot Size0.27 Acres
StatusActive

About 5 Lake Shore Ln

*More pictures and information coming soon! * Fantastic opportunity to purchase this Grosse Pointe Shores Cape Cod on a large lot with a GORGEOUS VIEW of Lake St. Clair. This almost 3000 square-foot home offers first floor primary bedroom, nice size basement, large screened back porch, generator and so much more! Features: 4 bedrooms, 2 1/2 baths, attached garage with basement walk up and hard wood floors. Located just steps away from Lakeshore Drive and a short walk to the Grosse Pointe Shores Park & Grosse Pointe yacht club. Home offers first floor primary bedroom, nice size basement, large screen in back porch and generator. Home has great bones, an amazing location and endless possibilities. This home is priced below market because of the need for updates. Offering great Lake life living and award-winning Grosse Pointe schools. Furnace and air conditioning 2009, generator 2007 sprinkler 2006. Home is being sold as is . Home is being sold through a trustee. All offers will be Reviewed on noon Thursday, December 5.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1951
  • Stories: 1
  • Living Area: 2,998 SqFt

Listing Office:

  • Office Name: Max Broock, REALTORS®-Bloomfield Hills
  • Office Phone: (248) 644-4700
  • Listing Agent: Mike Sher

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Refrigerator, Microwave
  • Basement: Yes
  • Interior: 100 Amp Service, Other
  • Fireplace: Family Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake
  • Exterior: Whole House Generator, Lighting

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Direct Access, Electricity, Door Opener, Attached

Lot Features

Lot Information:

  • Lot: Views
  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air, Other

Other

Directions Information:

  • Directions: I94 South to Vernier Rd exit, Vernier Rd (eastbound) to Lake Shore Rd (southbound) to Lake Shore Lane (westbound), 2nd house on the south end of the road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $695,000
  • Price Per SqFt: $232/SqFt

Tax Information:

  • Annual Amount: $10,373
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240088538

Listing Office:

  • Office Name: Max Broock, REALTORS®-Bloomfield Hills
  • Office Phone: (248) 644-4700
  • Listing Agent: Mike Sher

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: 11/26/2024, 12:15:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$10,373$236,900
2020$10,066$230,900
2018$10,066$213,800
2017$10,129$209,600

History based on county public records data.

Payment Calculator

$3,536

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,150

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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.

Nearby Schools

school-card-donut-1699868
4
/10
  • John Monteith Elementary School

  • 1275 Cook Rd

  • 1.18 miles

  • Public District Grades KG-5

school-card-donut-1699869
7
/10
  • Ferry Elementary School

  • 748 Roslyn Rd

  • 1.21 miles

  • Public District Grades KG-5

school-card-donut-1699870
3
/10
  • Stevens T. Mason Elementary School

  • 1640 Vernier Rd

  • 1.54 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $120,076. The majority of Wayne County, MI residents have income $200k+ annually. Most families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5 Lake Shore Ln

What is the listing price of this property?

The listing price of 5 Lake Shore Ln property is $695,000.

What type of property is this?

The property 5 Lake Shore Ln is a house located in Grosse Pointe Shores, Michigan, 48236.

Is this property for sale now?

Active Listing: 5 Lake Shore Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $10,373 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5 Lake Shore Ln has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5 Lake Shore Ln is 2,998 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5 Lake Shore Ln is 1951.

Rocket HomesMichiganWayne CountyVillage of Grosse Pointe Shores482365 Lake Shore Ln

This home is located at 5 Lake Shore Ln in Grosse Pointe Shores, MI and zip code 48236. This 2,998 square foot home, which was built in 1951, sits on a 0.27 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $695,000.

Over 561 listings were sold over their listed price in October 2024 in Wayne County, MI. In the same period over 626 listings were sold below the listed price and 285 listings were sold for the listed price. The number of homes for sale in Wayne County, MI increased by 8% between September 2024 and October 2024. While the average time on the market in October 2024 was 29 days, the median list price was $190,587.

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

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