NOT LISTED FOR SALE

2506 Lothrop St Detroit, MI 48206

LaSalle Gardens Neighborhood

Estimated Value: $70,000 - $195,613

3 Beds
1 Bath
1,706 Sq Ft
$63/Sq Ft Est. Value

Last Sold February 16, 2022

Last sale price $67,000 $39 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $701/month

86 Days on Market

About This Home

As of February 2022

Great investment opportunity located in the LaSalle Gardens! Reconstruction ready to go. Demo is completed. BATVAI

Last Agent to Sell the Property

Ryan Heward

Golden Key Real Estate License #6502401117 Listed on: 11/12/2021

Last Buyer's Agent

Tyler Baldwin

O'Connor Realty Detroit, LLC License #6501417377

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1915

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 40.00x200.00

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation

Interior Spaces

  • 1,706 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Ground Level
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Lasalle Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number W10I001159S

Home Details

Home Type

Single Family

Est. Annual Taxes

$839

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Level: 2 Story
  • Assessment: 240
  • Year Built: 1915
  • State Equalized Value: 10600.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1706
  • Total Sq Ft: 1706
  • Sq Ft Total Bsmt: 700

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Foundation Materials: Block, Brick/Mortar
  • Frontage Feet: 20
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.18
  • Lot Dimensions: 40.00X200.00
  • Parcel Number: W10I001159S

Tax Info

  • Tax Amount Summer: 759.0000
  • Tax Amount Winter: 80.0000
  • Total Tax: 839.0000
  • Taxable Value: 8531.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Feb 15, 2022
Sold by
Black Tyde Holdings Llc
Bought by
Linebarger Llc
Seller's Agent
Ryan Heward
Golden Key Real Estate
Buyer's Agent
Tyler Baldwin
O'Connor Realty Detroit, LLC
List Price
$70,000
Sold Price
$67,000
Premium/Discount to List
-$3,000
-4.29%
Current Estimated Value
$107,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,653
Avg. Annual Appreciation
13.75%

Purchase Details

Closed on
Nov 13, 2014
Sold by
Wayne County Treasurer
Bought by
Black Tyde Holdings Llc

Purchase Details

Closed on
Nov 18, 2011
Sold by
Wojtowicz Raymond J
Bought by
Woodlawn Properties

Purchase Details

Closed on
Feb 22, 2007
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Carl Andre L

Purchase Details

Closed on
Oct 26, 2005
Sold by
Lawery Thomas W and Lawery Louise
Bought by
Federal Home Loan Mortgage Corporation
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
Linebarger Llc $67,000 None Listed On Document
Black Tyde Holdings Llc $1,407 None Available
Woodlawn Properties $500 None Available
Carl Andre L $12,000 Attorneys Title Agency Llc
Federal Home Loan Mortgage Corporation $66,615 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2022 02/16/22 Sold $67,000 -4.3% $39 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
11/12/2021 11/12/21 For Sale $70,000 -- $41 / 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 $1,587 $25,600 $0 $0
2024 $1,587 $20,700 $0 $0
2023 $1,541 $16,900 $0 $0
2022 $1,010 $13,500 $0 $0
2021 $985 $10,600 $0 $0
2020 $985 $12,600 $0 $0
2019 $971 $9,900 $0 $0
2018 $861 $8,100 $0 $0
2017 $150 $7,900 $0 $0
2016 $2,260 $15,600 $0 $0
2015 $2,390 $23,900 $0 $0
2013 $3,320 $33,202 $0 $0
2010 -- $47,573 $1,189 $46,384
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Ryan Heward

    Golden Key Real Estate

    Section Image

  • T

    Buyer's Agent in 2022

    Tyler Baldwin

    O'Connor Realty Detroit, LLC

    (313) 505-7014

    1 in this area

    34 Total Sales

    Tyler Baldwin
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2210094784

Realcomp

APN: 10-001159

Michigan Wayne County Detroit 48206 LaSalle Gardens

2506 Lothrop St, Detroit, MI

This home is located at 2506 Lothrop St, Detroit, MI 48206 since 12 November 2021 and is currently estimated at $107,653, approximately $63 per square foot. This property was built in 1915. 2506 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.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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