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115 Lake Shore Rd

Grosse Pointe Farms, MI 48236

4 bd 6 ba 5,361 sqft Built 1953 Lot 32,670 sqft single_family
Most recent sale
$1,020,000
Aug 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 11, 2022 Sold $1,020,000 Public Record
Jul 29, 2022 Sold $1,020,000 Realcomp
Nov 15, 2021 Price changed $1,125,000 MLS #2210093309
Nov 8, 2021 Listed $1,250,000 MLS #2210093309
Jun 17, 2020 Sold $400,000 Public Record
Apr 20, 2020 Listed $939,000 MLS #2200024745
Feb 24, 2020 Price changed $939,000 MLS #31384461
Oct 16, 2019 Price changed $975,000 MLS #31384461
Sep 5, 2019 Price changed $995,000 MLS #31384461
Jun 20, 2019 Listed $1,200,000 MLS #31384461
May 8, 2018 Sold $925,000 Public Record
Apr 12, 2018 Listing removed $1,100,000 MiRealSource
Dec 28, 2017 Listed $1,100,000 MLS #31337348

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $971,300 $22,471
2022 $534,300 $15,306
2021 $538,000 $14,800
2020 $608,900 $30,353
2019 $555,700 $28,487
2018 $533,900 $23,774
2017 $538,000 $23,127
2016 $510,000 $23,051
2015 $456,600 $22,358
2014 $449,400 $21,790
2013 $442,300 $21,336
2012 $442,300 $20,871
2011 $454,100 $20,892
2010 $472,000 $21,291
2009 $530,400 $21,031
2008 $611,100 $11,389
2007 $643,900 $11,133

Property facts

Year built
1953
Property type
single_family
Stories
2
Beds
4
Baths
6
Living area
5,361 sqft
Lot size
32,670 sqft
ZIP code
48236
City
Grosse Pointe Farms
Street
Lake Shore Rd
Coordinates
42.39165, -82.89327

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$8,042
Gross rental yield
9.46%
Implied cap rate
6.15%
Trend-extrapolated value

Frequently asked questions

When did 115 Lake Shore Rd last sell?
115 Lake Shore Rd most recently sold on Aug 11, 2022 for $1,020,000.
What is the current tax assessment for 115 Lake Shore Rd?
The most recent total assessment for 115 Lake Shore Rd (year 2024) is $971,300 with $22,471 in property tax.
How does 115 Lake Shore Rd's assessment compare to its last sale price?
The current assessment is 4.8% below the last sale price of $1,020,000.
When was 115 Lake Shore Rd built?
115 Lake Shore Rd was built in 1953.
How does 115 Lake Shore Rd compare to others on Lake Shore Rd?
We track 7 other properties on Lake Shore Rd. Browse the list under "Other properties on Lake Shore Rd" to compare beds, baths, and sale history.
What are the property facts for 115 Lake Shore Rd?
115 Lake Shore Rd is a 4 bed, 6 bath, 5,361 sqft, 32,670 sqft lot single_family.
Is 115 Lake Shore Rd a flip candidate?
No — 115 Lake Shore Rd does not appear in our flips dataset.
Is 115 Lake Shore Rd a tax-appeal candidate?
No — 115 Lake Shore Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+12.5%
Implied 1-yr
+50.0%
2026 Q2
$1.39M
2026 Q3
$1.49M
ZIP 48236 — Median Price History + Forecast

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