NOT LISTED FOR SALE

131 Lothrop Rd Grosse Pointe Farms, MI 48236

Estimated Value: $848,000 - $947,218

3 Beds
3 Baths
3,986 Sq Ft
$225/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $665,000 $167 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,589/month

Highlights

  • 0.55 Acre Lot
  • Ranch Style House
  • Patio
  • Kerby Elementary School Rated A
  • Wood Flooring
  • Forced Air Heating and Cooling System

About This Home

As of May 2021

The home you have been waiting for! This Sprawling Ranch in the most desirable area of Grosse Pointe Farms near "The Hill" features a beautiful master suite, with a jetted tub and shower, 2nd large bedroom with private bath, three fireplaces, cozy den and first floor laundry. Bright and sunny kitchen with granite counter tops, double oven, stainless steel appliances and eating area leads to elegant dining room. Home has ample storage and built ins throughout. Finished basement has wet bar, recreation area, additional laundry and half bath. Three car attached garage, circular driveway, paver patio, landscape lighting, and sprinkler system add to your convenience and ease.

Last Agent to Sell the Property

Anne Michaels

Sandy & Associates LLC License #MISPE-6501325128 Listed on: 03/27/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.55 Acre Lot
  • 99 Ft Wide Lot
  • Sprinkler System

Parking

  • 3 Car Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Family Room with Fireplace
  • Living Room with Fireplace
  • Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 38-011-01-0028-002

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 20151
  • Total Tax Year: 2020
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Hardwood Floors
  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace, LivRoom Fireplace
  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 16 x 13
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On Entry Level, Dimensions: 15 x 12
  • Bedroom 2 Floor Covering: Wood
  • Bedroom 3: On Entry Level, Dimensions: 15 x 14
  • Bedroom 3 Floor Covering: Carpet
  • Bathrooms Description: Basement Lavatory, PrimaryBdrm Full Bathroom, First Flr Full Bathroom
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Bathroom 1: On Level: Entry, Flooring: Wood
  • Bathroom 2: On Level: Entry, Flooring: Ceramic
  • Bathroom 3: On Level: Entry, Flooring: Ceramic
  • Dining Room: On Entry Level, Dimensions: 15 x 14
  • Dining Room Floor Covering: Wood
  • Family Room: On Entry Level, Dimensions: 29 x 12
  • Family Room Floor Covering: Wood
  • Kitchen: On Entry Level, Dimensions: 21 x 11
  • Kitchen Floor Covering: Wood
  • Library Den: On Entry Level, Dimensions: 15 x 12
  • Library Den Floor Covering: Wood
  • Living Room: On Entry Level, Dimensions: 22 x 15
  • Living Room Floor Covering: Wood
  • Below Grade Sq Ft: 1200
  • Finished Below Grade Sq Ft: 900
  • Above Grade Finished Sq Ft: 3086
  • Total Finished Sq Ft: 3986

Exterior Features

  • Exterior: Brick
  • Exterior Features: Lawn Sprinkler, Patio, Sidewalks, Storms/Screens, Street Lights
  • Foundation: Basement
  • Frontage: 99

Garage/Parking

  • Garage Spaces: 3
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 38-011-01-0028-002
  • Lot Dimensions: 99.79
  • Acreage: 0.55
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $8,212.00
  • Winter Tax: Year: 2020, Amount: $11,939.00
  • Total Tax: Year: 2020, Amount: $20,151.00

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2021
Closed on
May 21, 2021
Sold by
Craparotta Salvatore
Bought by
Parikh Parag Jitendra and Parikh Michelle Elizabeth
Seller's Agent
Anne Michaels
Sandy & Associates LLC
List Price
$749,000
Sold Price
$665,000
Premium/Discount to List
-$84,000
-11.21%
Current Estimated Value
$896,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,555
Avg. Annual Appreciation
5.99%

Purchase Details

Listed on
Feb 6, 2017
Closed on
Jun 14, 2017
Sold by
Bosley Cheryl L and Bosley Ricky L
Bought by
Craparotta Salvatore A
Seller's Agent
Perry Gatliff
Signature Sotheby's International Realty GPF
Buyer's Agent
Anne Craparotta Michaels
List Price
$589,900
Sold Price
$525,000
Premium/Discount to List
-$64,900
-11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$420,000
Interest Rate
3.52%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 6, 2005
Sold by
Bosley Ricky L and Bosley Cheryl J
Bought by
Bosley Cheryl J
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Parikh Parag Jitendra $665,000 None Available
Craparotta Salvatore A $525,000 Bankers Title Settlement Svc
Bosley Cheryl J -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $665,000 -4.9% $167 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
04/08/2021 04/08/21 Price Changed $699,400 -6.6% $175 / Sq Ft
03/27/2021 03/27/21 For Sale $749,000 +42.7% $188 / Sq Ft
06/14/2017 06/14/17 Sold $525,000 -8.7% $170 / Sq Ft
04/15/2017 04/15/17 Pending -- -- --
03/10/2017 03/10/17 Price Changed $575,000 -2.5% $186 / Sq Ft
02/06/2017 02/06/17 For Sale $589,900 -- $191 / Sq Ft
Source: Michigan Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,242 $426,400 $0 $0
2024 $10,242 $400,200 $0 $0
2023 $9,383 $386,200 $0 $0
2022 $9,383 $352,500 $0 $0
2021 $20,359 $342,900 $0 $0
2019 $19,170 $300,000 $0 $0
2018 $8,564 $318,800 $0 $0
2017 $11,763 $307,000 $0 $0
2016 $12,330 $289,200 $0 $0
2015 $24,423 $265,500 $0 $0
2013 $23,660 $236,600 $0 $0
2012 $6,170 $232,000 $92,100 $139,900
Source: Public Records

Agents Affiliated with this Home

  • Anne Michaels

    Seller's Agent in 2021

    Anne Michaels

    Sandy & Associates LLC

    (313) 574-5596

    7 in this area

    16 Total Sales

    Anne Michaels
    Section Image
  • Perry Gatliff

    Seller's Agent in 2017

    Perry Gatliff

    Signature Sotheby's International Realty GPF

    (313) 530-9776

    2 in this area

    62 Total Sales

    Perry Gatliff
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50037397

Michigan Multiple Listing Service

APN: 38-011-01-0028-002

Michigan Wayne County Grosse Pointe Farms 48236

131 Lothrop Rd, Grosse Pointe Farms, MI

This home is located at 131 Lothrop Rd, Grosse Pointe Farms, MI 48236 since 27 March 2021 and is currently estimated at $896,555, approximately $224 per square foot. This property was built in 1950. 131 Lothrop Rd is a home located in Wayne County with nearby schools including Kerby Elementary School, Brownell Middle School, and Grosse Pointe South High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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