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$635,000

38049 Lantern Hill Ct Farmington Hills, MI 48331

4 beds
3 full, 1 partial
4,200 sqft
0.2 acres
$151 / sqft
House

Property details

About 38049 Lantern Hill Ct

Special features: 2.25% assumable mortgage, 4 bedrooms, 3.5 baths, first floor library, and walkout finished basement. Currently Forest Elementary School. Spacious home that checks all the boxes. Large Primary suite with large Primary Bath including both jetted tub and shower, two sinks. Large entry hall with dramatic winding staircase. Island Kitchen with double ovens and refrigerator with "flex" drawer. Door walls to large deck overlooking wooded yard. Finished walkout basement with lots of unfinished storage space as well. Licensed Real Estate Person must be physically present at all times.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCeiling Fan(s), Central Air
Size4,200 sqft
BasementYes
Lot size0.2 Acres
Year built1996
ParkingTwo Car Garage, Attached, Direct Access, Electricity in Garage, Garage Faces Front, Garage Door Opener
MLS #20251003984
Attached garageYes
FireplaceFamily Room, Gas Fireplace

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Appliances: Electric Oven, Dishwasher, Disposal, Double Oven, Dryer, Electric Cooktop, Refrigerator, Washer
  • Basement: Yes
  • Interior: Entrance Foyer, Jetted Tub
  • Fireplace: Family Room, Gas Fireplace
  • Total Bedroom Count: 4
  • Attached Garage: Yes
  • Parking: Two Car Garage, Attached, Direct Access, Electricity in Garage, Garage Faces Front, Garage Door Opener
  • Exterior: Spa Hottub
  • Architectural Style: Colonial, Contemporary
  • Heating: Forced Air, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • List Price: $635,000
  • Price/SqFt: $151
  • HOA Amount: $475 Annually
  • Annual Tax Amount: $8,075
  • Tax Year: 2024
  • Lot: Wooded
  • Directions: S of 13 Mile West of Halsted
  • Year Built: 1996
  • Living Area: 4,200 SqFt
  • Lot Size: 0.2 Acres
  • MLS Number: 20251003984
  • MLS Name: Realcomp II Ltd
  • Office Name: Schwartz Properties LLC
  • Office Phone: (248) 910-7734
  • Listing Agent: Paul R Schwartz

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 © 2025 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: 7/23/2025, 4:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$287,400$8,075
2022$240,780$7,724
2021$214,480$7,653
2020$216,030$7,704
2018$200,360$7,185
2017$193,750$7,077

History based on county public records data.

Nearby schools

4

Meadowbrook Elementary School

Public District KG-5

1.7 mi

29200 Meadowbrook Rd

8

Forest Elementary School

Public District KG-4

1.8 mi

34545 Old Timber Rd

7

Hillside Elementary School

Public District KG-4

2.0 mi

36801 W 11 Mile Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $91,602. Residents of Farmington Hills, MI typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

18%
<35k
35%
35k-100k
30%
100k-200k
17%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

40%
Single, No Kids
3%
Single, with Kids
40%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
8%
12-17 yrs old
10%
18-34 yrs old
44%
35-64 yrs old
30%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Hiking/backpackingHiking/backpacking
  • Skiing/snowboardingSkiing/snowboarding

Where do the neighbors shop?

  • Chico'sChico's
  • Nordstrom RackNordstrom Rack
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • ChipotleChipotle
  • California Pizza KitchenCalifornia Pizza Kitchen

What do the neighbors drive?

  • CadillacCadillac
  • MazdaMazda
  • LincolnLincoln

What do the neighbors listen to?

  • ClassicalClassical
  • RockRock
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Farmington Hills, MI

Farmington Hills is well-connected by a network of major roads, including Interstate 696 and Highway 10, facilitating easy travel and commuting to surrounding areas. Public transportation options are available, with bus services providing connections to key destinations within the city and beyond. The area is moderately walkable, with certain neighborhoods offering more pedestrian-friendly environments. Ride-sharing services are operational in the area, complementing the existing transportation infrastructure.

The community is served by a well-rounded educational system, including several public and private schools that cater to a range of educational needs. Healthcare is accessible through local clinics and a regional hospital that provides a variety of services from emergency care to specialized treatments. The public library system is active, offering numerous programs and resources to residents. Retail and dining options are plentiful, reflecting the local culture with both national chains and independent establishments.

Farmington Hills is celebrated for its family-friendly atmosphere and community-oriented lifestyle. The city prides itself on a blend of urban and suburban qualities, offering residents a peaceful environment with convenient access to metropolitan amenities. Annual events, such as the Founders Festival, highlight the city's rich heritage and foster a sense of community among residents.

Farmington Hills offers a diverse array of housing options, with single-family homes being a significant part of the market. The architectural styles in the area range from contemporary to colonial, with a noticeable presence of ranch-style homes. The housing stock largely consists of properties built between the 1950s and 1990s, reflecting the city's growth during those decades. The homeownership rate in Farmington Hills is robust, with a majority of residents owning their homes, while a smaller yet substantial segment of the population opts for rental living spaces.

About 38049 Lantern Hill Ct

The listing price of 38049 Lantern Hill Ct property is $635,000.

The property 38049 Lantern Hill Ct is a house located in Farmington Hills, Michigan, 48331.

Active Listing: 38049 Lantern Hill Ct is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 38049 Lantern Hill Ct are: Meadowbrook Elementary School (GreatSchools Rating 4/10), Forest Elementary School (GreatSchools Rating 8/10), Hillside Elementary School (GreatSchools Rating 7/10), Farmington Steam Academy (GreatSchools Rating 9/10), Walnut Creek Middle School (GreatSchools Rating 6/10), James R. Geisler Middle School (GreatSchools Rating 5/10), North Farmington High School (GreatSchools Rating 6/10), Oakland Early College (GreatSchools Rating 8/10), Oakland Flextech High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $8,075 (source: MLS/based on county public records data).

The property at 38049 Lantern Hill Ct has 4 bedrooms and 3 full and 1 half bathrooms.

The property 38049 Lantern Hill Ct is 4,200 SqFt (source: MLS/tax record).

The year of construction for 38049 Lantern Hill Ct is 1996.

This home is located at 38049 Lantern Hill Ct in Farmington Hills, MI and zip code 48331. This 4,200 square foot home, which was built in 1996, sits on a 0.20 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 1, 2025 and is currently priced at $635,000.

In June 2025, from all listings sold in Farmington Hills, MI there were more than 40 sold above asking price, over 15 sold below and more than 8 were sold right at the asked price. The number of homes for sale in Farmington Hills, MI increased by 28.1% between May and June 2025. The median list price of listings available in June 2025 was $380,000, while the average time on the real estate market was 11 days.

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

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