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Active · MLS #58050226565
$485,000 3 bd2 ba1,670 sqft

223 McKinley, Grosse Pointe Farms, MI 48236

Est. $4,120/mo with current taxes · · See the breakdown

TypeSingle family residence
Built1927
Lot0.1 acres
Garage2 spaces
Price/sqft$290
On market0 days

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About this home

Classic Grosse Pointe Farms charm meets crisp, updated interiors in this beautifully presented brick colonial. The inviting exterior features distinctive brickwork, mature landscaping and excellent curb appeal. Inside, warm hardwood floors, plantation shutters, original architectural details and loads of natural sunlight give the home plenty of character while maintaining a fresh, current feel. The updated kitchen is bright and functional with white cabinetry, quartz countertops, stainless-steel appliances, updated lighting, peninsula seating and an adjoining breakfast area surrounded by windows. The comfortable floor plan includes a living room with a natural fireplace, formal dining room, a separate family room with a vaulted ceiling and a convenient first-floor half bath. Upstairs are three bedrooms and a newer full bath with tub and shower. A unique third-floor bonus space, accessed through one of the bedrooms, is already carpeted and drywalled and offers excellent potential as a home office, playroom, hobby room or future additional living space with the addition of heat. The basement provides generous storage, and the home also features a newer furnace and central air. Outside, enjoy a private fenced backyard with attractive landscaping and a detached garage, creating a wonderful setting for outdoor entertaining, pets or play. Located on one of Grosse Pointe Farms' sought-after "M" streets, 223 McKinley is close to Richard Elementary School, The Hill, Kercheval Avenue shopping and dining, the Village and Pier Park. A move-in-ready home combining the character buyers want in Grosse Pointe Farms with tasteful updates, flexible living space and an exceptionally well-maintained presentation.

Monthly payment

$4,120per month
Principal & interest$2,759
Property tax, current$961
Homeowners insurance$200
Mortgage insurance (PMI)$200

The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.

The facts

Price$485,000
Beds3
Baths1 full, 1 half
Square feet1,670
TypeSingle family residence
SubdivisionMCMILLANS GROSSE POINTE SUB
CountyWayne
MLS #58050226565
Listed2026-11-02
Days on market0
Year built1927
PossessionAt closing
Stories2 stories
HeatingForced air, Natural gas
FoundationBasement
Garage spaces2.0
Water / SewerWater at street / City sewer
FireplaceYes
Parcel number38013010076000
Listing officeSine & Monaghan LLC

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value—about $242,500
Yearly property tax$11,529about $12,790

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $1,261 a year more than this seller pays. The assessor's state equalized value (SEV) is $218,500. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Grosse Pointe Farms's 2025 homestead rate of 52.74 mills and assumes you claim the homestead exemption. See Grosse Pointe Farms's full tax breakdown or run the uncapping calculator.

Location

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and MiRealSource, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-11-02T23:11+00:00; refreshed at least twice daily.

$485,000Est. $4,120/mo
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