NOT LISTED FOR SALE

2477 Lothrop St Detroit, MI 48206

LaSalle Gardens Neighborhood

Estimated Value: $133,000 - $367,890

2 Beds
2 Baths
3,003 Sq Ft
$96/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $25,000 $8 Per Sq Ft

Est. 1,054% increase in value since last sale

Current estimated payment $1,528/month

About This Home

As of September 2018

MULTI FAMILY HOME, WITH 1-BEDROOM UNIT AND 1-2 BEDROOM UNIT EACH WITH 1 FULL BATH, KITCHEN, LIVING ROOM, DINING ROOM, BASEMENT.

Last Agent to Sell the Property

Albert Hakim

City Real Estate Group LLC License #MISPE-6502415090 Listed on: 06/06/2018

Last Buyer's Agent

Matthew Richmond

O'Connor Realty License #RCO

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $33

Year Built

  • Built in 1912

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 40x40

Interior Spaces

  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Community Details

  • 2 Units
  • Lasalle Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10001103.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1912
  • Mail City: Detroit
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 3003

Exterior Features

  • Foundation Type: Basement

Utilities

  • Water: Public Water At Street
  • Sewer/Septic System: Public At Street

Lot Info

  • Assessor Parcel Number: 10001103.
  • Lot Dimensions: 40X40
  • Acreage: 0.15
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2017, Amount: $1,170.00
  • Winter Tax: Year: 2017, Amount: $114.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Detroit City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2018
Closed on
Aug 2, 2018
Sold by
Us Bank National Association
Bought by
Ouahsine Adam
Seller's Agent
Albert Hakim
City Real Estate Group LLC
Buyer's Agent
Matthew Richmond
O'Connor Realty
List Price
$45,000
Sold Price
$25,000
Premium/Discount to List
-$20,000
-44.44%
Current Estimated Value
$288,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,473
Avg. Annual Appreciation
41.33%

Purchase Details

Closed on
Dec 28, 2017
Sold by
Mcgee Deborah
Bought by
U S Bank Natoanla Assocaiton
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
Ouahsine Adam $25,000 Lenderlive Settlement Svcs L
U S Bank Natoanla Assocaiton $59,399 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $25,000 -16.4% $8 / Sq Ft
07/26/2018 07/26/18 Pending -- -- --
07/10/2018 07/10/18 Price Changed $29,900 -33.6% $10 / Sq Ft
06/06/2018 06/06/18 For Sale $45,000 -- $15 / 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 $33 $1,400 $0 $0
2024 $33 $500 $0 $0
2023 $41 $600 $0 $0
2022 $47 $600 $0 $0
2021 $1,455 $15,000 $0 $0
2020 $1,448 $17,700 $0 $0
2019 $1,428 $13,700 $0 $0
2018 $1,272 $12,100 $0 $0
2017 $228 $12,000 $0 $0
2016 $2,273 $23,900 $0 $0
2015 $2,550 $25,500 $0 $0
2013 $2,801 $35,418 $0 $0
2010 -- $50,748 $1,021 $49,727
Source: Public Records

Agents Affiliated with this Home

  • Albert Hakim

    Seller's Agent in 2018

    Albert Hakim

    City Real Estate Group LLC

    (313) 800-7653

    89 Total Sales

    Albert Hakim
    Section Image
  • Matthew Richmond

    Buyer's Agent in 2018

    Matthew Richmond

    O'Connor Realty

    (313) 670-4000

    48 Total Sales

    Matthew Richmond
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31349770

Michigan Multiple Listing Service

APN: 10-001103

Michigan Wayne County Detroit 48206 LaSalle Gardens

2477 Lothrop St, Detroit, MI

This home is located at 2477 Lothrop St, Detroit, MI 48206 since 06 June 2018 and is currently estimated at $288,473, approximately $96 per square foot. This property was built in 1912. 2477 Lothrop St is a home located in Wayne County with nearby schools including Thirkell Elementary School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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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