$825,000
SOLD OCT 10, 2024

164 Lothrop Rd Grosse Pointe Farms, MI 48236

3 Beds
2.5 Baths
3,422 Sq Ft
0.54 Acres

Recently Sold

$241 Per Sq Ft

3% Below List Price

15 Days on Market

Highlights

  • Outdoor Pool
  • 0.54 Acre Lot
  • Main Floor Bedroom
  • Kerby Elementary School Rated A
  • Cape Cod Architecture
  • Tennis Courts

About This Home

As of October 2024

Charming Cape Cod style home with a fantastic street presence is in the HEART of the Farms! Situated on half an acre on a beautiful tree-lined street! Close proximity to restaurants, shopping, church and school. Over 3,400 square feet. Generous room sizes. Bright and light living room with floor to ceiling windows, beamed ceiling and fireplace. Large picture perfect formal dining room is the place for hosting your family gatherings and opens to the family room. This home was built for entertaining! Renovated kitchen with island and eating-area offers access to patio and spectacular rear yard with perennial gardens; unbelievably deep lot! Cozy first floor library/den with built-ins is the perfect home office. First floor private master suite with dressing room and newer bath. Second floor features two bedrooms and a full bath. Larger 2nd floor bedroom includes a den over the garage area. Lav in basement with separate laundry/mechanical and storage rooms. 2 car attached garage. Access to private residents only lakefront park with marina, pool, splash pad, playscapes, tennis/pickleball courts, ice rink and separate dog park.

Last Agent to Sell the Property

Beline Obeid

Beline Obeid Realty License #MISPE-6502364838 Listed on: 08/12/2024

Last Buyer's Agent

Jay Lambrecht

Lambrecht Realty LLC License #6501375482

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 100 x 237

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,422 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Basement

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 38 011 01 0035 000

Community Details

Overview

  • Lothrops Sub Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Spa
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,429

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Cape Cod
  • Structure Style: 1 1/2 Story
  • Year Built: 1950
  • Mail City: Grosse Pointe Farms
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace
  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 16 x 13
  • Bedroom 2: On 2nd Floor, Dimensions: 17 x 14
  • Bedroom 3: On 2nd Floor, Dimensions: 19 x 16
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: Second
  • Room Types: Den/Study/Lib, Family Room, First Floor Bedroom, Living Room, Basement Lavatory, First Flr Full Bathroom, Second Flr Full Bathroom, Shared Bathroom, Eat-In Kitchen, Formal Dining Room
  • Dining Room: On 1st Floor, Dimensions: 16 x 13
  • Family Room: On 1st Floor, Dimensions: 18 x 16
  • Kitchen: On 1st Floor, Dimensions: 18 x 11
  • Library Den: On 1st Floor, Dimensions: 18 x 15
  • Living Room: On 1st Floor, Dimensions: 24 x 13
  • Other Room 2: Dimensions: 17x17, On Level: Second
  • Below Grade Sq Ft: 1201
  • Above Grade Finished Sq Ft: 3422
  • Total Finished Sq Ft: 3422
  • Half Bathrooms: 1

Exterior Features

  • Pool: Yes
  • Exterior: Brick
  • Exterior Features: Patio
  • Foundation: Basement
  • Frontage: 100
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Parking: Garage
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Park, Playground, Pool/Hot Tub, Tennis Courts

Lot Info

  • Assessor Parcel Number: 38 011 01 0035 000
  • Lot Dimensions: 100 x 237
  • Acreage: 0.54
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2024, Amount: $8,193.49
  • Winter Tax: Year: 2023, Amount: $7,235.88
  • Total Tax: Year: 2024, Amount: $15,429.37
  • SEV Year: 2024

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2024
Closed on
Oct 10, 2024
Sold by
Alam Joseph P and Alam Joan M
Bought by
Mccormick Christopher
Seller's Agent
Beline Obeid
Beline Obeid Realty
Buyer's Agent
Jay Lambrecht
Lambrecht Realty LLC
List Price
$849,000
Sold Price
$825,000
Premium/Discount to List
-$24,000
-2.83%
Views
58
Current Estimated Value
$860,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,831
Avg. Annual Appreciation
5.65%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $825,000 Ata National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 Unknown
Previous Owner $225,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2024 10/10/24 Sold $825,000 -2.8% $241 / Sq Ft
08/27/2024 08/27/24 Pending -- -- --
08/12/2024 08/12/24 For Sale $849,000 -- $248 / 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
2024 $8,193 $416,600 $0 $0
2023 $7,506 $401,600 $0 $0
2022 $7,506 $366,100 $0 $0
2021 $13,774 $356,000 $0 $0
2019 $13,544 $345,400 $0 $0
2018 $6,931 $316,800 $0 $0
2017 $12,026 $305,100 $0 $0
2016 $12,607 $287,400 $0 $0
2015 $24,970 $271,500 $0 $0
2013 $24,190 $241,900 $0 $0
2012 $6,308 $237,200 $82,600 $154,600
Source: Public Records

Agents Affiliated with this Home

  • Beline Obeid

    Seller's Agent in 2024

    Beline Obeid

    Beline Obeid Realty

    (313) 343-0100

    17 in this area

    179 Total Sales

    Beline Obeid
    Section Image
  • Jay Lambrecht

    Buyer's Agent in 2024

    Jay Lambrecht

    Lambrecht Realty LLC

    (313) 736-4444

    6 in this area

    99 Total Sales

    Jay Lambrecht
    Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50151741

Michigan Multiple Listing Service

APN: 38-011-01-0035-000

Michigan Wayne County Grosse Pointe Farms 48236

164 Lothrop Rd, Grosse Pointe Farms, MI

This home is located at 164 Lothrop Rd, Grosse Pointe Farms, MI 48236 and is currently priced at $825,000, approximately $241 per square foot. This property was built in 1950. 164 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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