NOT LISTED FOR SALE

184 Lothrop Rd Grosse Pointe Farms, MI 48236

Estimated Value: $882,000 - $1,917,990

3 Beds
2.5 Baths
2,396 Sq Ft
$651/Sq Ft Est. Value

Last Sold March 20, 2012

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

Est. 451% increase in value since last sale

Current estimated payment $9,996/month

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating and Cooling System
  • Kerby Elementary School Rated A
  • Fireplace in Basement
  • 2 Car Garage

About This Home

As of March 2017

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.

Last Agent to Rent the Property

Dean Sine

Sine & Monaghan LLC License #6501233840 Listed on: 11/16/2016

Sine & Monaghan LLC

Last Renter's Agent

Michael Fikany

License #6504123062

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,364

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 110x237

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,396 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Lothrop Sub Subdivision

Listing and Financial Details

  • Security Deposit $4,500
  • 12 Month Lease Term
  • Application Fee: 40.00
  • Assessor Parcel Number 38011010041000

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,364

Year Built

Built in 1948

Lot Details

0

Rental Info

  • Application Fee: 40.00
  • Lease Type: Single Family House
  • Security Deposit: 4500.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Basement, Living Room
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Refrigerator, Range/Stove
  • Total Sq Ft: 2396

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Community
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 150.00

Lot Info

  • Lot Dimensions: 110X237
  • Parcel Number: 38011010041000

Multi Family

  • Length of Lease: 12 Months

MLS Schools

  • School District: Grosse Pointe

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
$1,560,330

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
13.26%

Purchase Details

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
01/31/2012 01/31/12 Pending -- -- --
03/10/2011 03/10/11 For Sale $374,900 -- $156 / Sq Ft
Source: Realcomp

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 $21,364 $915,500 $0 $0
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

    Landlord's Agent in 2017

    Dean Sine

    Sine & Monaghan LLC

    (313) 550-5335

    27 in this area

    109 Total Sales

    Dean Sine
    Section Image
  • Michael Fikany

    Tenant's Agent in 2017

    Michael Fikany

    (313) 402-7070

    14 in this area

    69 Total Sales

    Michael Fikany
    Section Image
  • Lynn Caldwell

    Seller's Agent in 2012

    Lynn Caldwell

    Sine & Monaghan LLC

    (313) 884-2293

    1 in this area

    17 Total Sales

    Lynn Caldwell
    Section Image
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Map

Source: Realcomp

MLS Number: 216110419

Realcomp

APN: 38-011-01-0041-000

Michigan Wayne County Grosse Pointe Farms 48236

184 Lothrop Rd, Grosse Pointe Farms, MI

Not Listed for Sale

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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