NOT LISTED FOR SALE

184 Lothrop Rd Grosse Pointe Farms, MI 48236

Estimated Value: $750,000 - $1,570,586

3 Beds
3 Baths
2,396 Sq Ft
$528/Sq Ft Est. Value

Last Sold March 20, 2012

Last sale price $283,000 $118 Per Sq Ft

Est. 347% increase in value since last sale

Current estimated payment $8,825/month

About This Home

As of March 2012

Over 2300 SQ FT. RANCH ON A LARGE 100X227 LOT IN A VERY DESIRABLE AREA OF GROSSE POINTE FARMS. THIS HOME HAS 3 BEDROOMS, 2 1/2 BATHS, LIBRARY, FORMAL DINING ROOM, LARGE FAMILY ROOM AND A WALK OUT BASEMENT WITH FIREPLACE. WET BAR, FULL BATH, AND LOTS OF STORAGE AND A 2 CAR REAR ENTRANCE GARAGE. TENANT RESPONSIBLE FOR ALL UTILITIES. ONE YEAR MINIMUM LEASE. NO PETS. NO SMOKING.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2019
Sold by
Melhem Maria
Bought by
Melhem Elias and Melhem Maria
Current Estimated Value
$1,264,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 20, 2017
Sold by
Secco John P and Secco Tracey M
Bought by
Melhem Maria

Purchase Details

Listed on
Mar 10, 2011
Closed on
Mar 16, 2012
Sold by
Eagan Elizabeth M and Owsiany Michael J
Bought by
Secco John P and Secco Tracey M
Seller's Agent
Lynn Caldwell
Sine & Monaghan LLC
Buyer's Agent
Dean Sine
Sine & Monaghan LLC
List Price
$374,900
Sold Price
$283,000
Premium/Discount to List
-$91,900
-24.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.15%
Original Mortgage
$260,743
Interest Rate
3.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 11, 2005
Sold by
Eagan Helene and Eagan Paul
Bought by
Eagan Helene
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Melhem Elias -- None Available
Melhem Maria $480,000 Ata Natl Title Group Llc
Secco John P $283,000 Greco Title Agency Llc
Eagan Helene -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Melhem Elias $1,900,000
Previous Owner Secco Tracey M $600,000
Previous Owner Secco Tracey M $260,743
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2017 03/25/17 Rented $2,600 -13.3% --
03/03/2017 03/03/17 Under Contract -- -- --
11/16/2016 11/16/16 For Rent $3,000 0.0% --
03/20/2012 03/20/12 Sold $283,000 -24.5% $118 / Sq Ft
01/31/2012 01/31/12 Pending -- -- --
03/10/2011 03/10/11 For Sale $374,900 -- $156 / Sq Ft

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 $21,364 $855,300 $0 $0
2023 $19,572 $816,700 $0 $0
2022 $19,572 $735,300 $0 $0
2021 $35,955 $712,600 $0 $0
2019 $6,661 $108,800 $0 $0
2018 $7,014 $261,100 $0 $0
2017 $13,275 $255,900 $0 $0
2016 $11,417 $244,300 $0 $0
2015 $18,426 $200,400 $0 $0
2013 $17,850 $178,500 $0 $0
2012 $6,528 $245,400 $91,000 $154,400
Source: Public Records

Agents Affiliated with this Home

  • Dean Sine

    Seller's Agent in 2017

    Dean Sine

    Sine & Monaghan LLC

    (313) 550-5335

    30 in this area

    115 Total Sales

    Dean Sine
    Section Image

  • M

    Buyer's Agent in 2017

    Michael J. Fikany

  • Lynn Caldwell

    Seller's Agent in 2012

    Lynn Caldwell

    Sine & Monaghan LLC

    (313) 884-2293

    1 in this area

    18 Total Sales

    Lynn Caldwell
    Section Image
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Map

Michigan Wayne County Grosse Pointe Farms 48236

184 Lothrop Rd, Grosse Pointe Farms, MI

This home is located at 184 Lothrop Rd, Grosse Pointe Farms, MI 48236 and is currently estimated at $1,264,529, approximately $527 per square foot. 184 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.

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