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1437 Lantern Ln, Rochester, MI, 48306

3beds
3baths
2,592sqft
$330,000
$127price/sqft
$2,414/moest. monthly cost
$96,560/yrincome needed

About This Home

Backs to Paint Creek Trails! This impeccably maintained condominium is in the desirable KING'S COVE community. Features three generously sized bedrooms and renovated bathrooms in the desirable Rochester Hills area. Significant upgrades were completed in 2025, including an integrated contemporary gourmet kitchen (2025) featuring hardwood countertops, honey oak floors, and white cabinetry with dimmable ambient over/under and recessed ceiling lighting, anchored by a professional-style stainless steel gas range and microwave. Recent updates include carpeting and interior painting. The finished basement provides ample storage space and an egress window. The primary suite features a modern bathroom with a walk-in shower, an updated vanity, and new flooring. Crown molding adds sophistication to both the dining and living rooms, with sliding doors in each room providing access to a Freshly sealed, stained deck (2026) overlooking a secluded park-like backyard and Paint Creek Trail with private access. The building’s exterior has recently been painted by the HOA. * HOA COVERAGE: includes full exterior maintenance-Roof, Windows, and Glass Doors! Plus: water, trash, lawn care, snow removal, clubhouse, pool, Tennis/Paddleball & Basketball courts & playground. The property includes a spacious 2.5-car garage. Walking distance to downtown Rochester. The condo is being monitored with audio-equipped recording cameras installed throughout. Visitors are requested to remove their shoes upon entry to maintain the home's pristine condition. The buyer should verify all information in the listing prior to submitting offers.

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

9/10
10/10
West Middle SchoolGrades 6-122.2 mi
9/10

Construction

Condition

  • Year built: 1974

Materials

  • Foundation: Basement,Poured
  • Roof: Asphalt
  • Construction materials: Brick,Wood Siding

Type & Style

  • Home type: Condo
  • Architectural style: Colonial
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Free Standing Gas Oven,Microwave,Range Hood,Washer

Basement

  • Has basement: Yes
  • Basement: Partially Finished

Bedroom

  • Level: Second
  • Area: 195
  • Dimensions: 13 X 15

Bedroom

  • Level: Second
  • Area: 110
  • Dimensions: 11 X 10

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: Entry
  • Area: 126
  • Dimensions: 14 X 9

Features

  • Programmable Thermostat
  • Window features: Egress Windows
  • Finished area below ground: 864
  • Finished area above ground: 1,728

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Ceiling Fans,Central Air

Interior Area

  • Total interior livable area: 2,592 sqft

Kitchen

  • Level: Entry
  • Area: 72
  • Dimensions: 6 X 12

Living Room

  • Level: Entry
  • Area: 266
  • Dimensions: 14 X 19

Other

  • Level: Second
  • Area: 30
  • Dimensions: 6 X 5

Other

  • Level: Entry
  • Area: 21
  • Dimensions: 7 X 3

Other

  • Level: Entry
  • Area: 90
  • Dimensions: 10 X 9

Primary Bathroom

  • Level: Second
  • Area: 35
  • Dimensions: 5 X 7

Primary Bedroom

  • Level: Second
  • Area: 216
  • Dimensions: 18 X 12

Property

Details

  • Parcel number: 1503301031
  • Special condition: Short Sale No,Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: GroundLevel
  • Pool features: Community,In Ground
  • Patio & porch: Patio,Terrace
  • Exterior features: Balcony,Basketball Court,Grounds Maintenance,Lighting,Private Entrance,Tennis Courts

Parking

  • Total spaces: 2.5
  • Parking features: Twoand Half Car Garage,Attached,Electricityin Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2.5

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Heat Wave
Inland Flooding
Ice Storm
Strong Wind

FEMA Declared Disasters in Oakland County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,668$20,016
Home Insurance *$121$1,452
Property Taxes $343$4,116
Electricity $282$3,392
Total$2,414$28,968
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$82,765/yr
40% on housing$72,420/yr
45% on housing$64,373/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.2%
14.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$127This listing

vs Other Active Listings

Avg $/sqft

ZIP 48306$266
Oakland County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 48306$190
Oakland County$192

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-27Price change$339,900
2026-03-02Listed for sale$344,000
2026-03-02Listing removed$349,000
2026-01-26Listed for sale$349,000
2025-12-17Listing removed$349,900
2025-11-08Price change$349,900
2025-08-23Listed for sale$358,900
2025-07-23Listing removed$359,000
2025-06-23Listed for sale$359,000
2025-05-06Listing removed$332,000
2025-04-15Listed for sale$332,000

For Sale by Agent

AgentJohn P Garmo
BrokerageMichigan Homes Realty Group

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