NOT LISTED FOR SALE

251 Lothrop Rd Grosse Pointe Farms, MI 48236

Estimated Value: $548,000 - $628,000

3 Beds
1.5 Baths
2,037 Sq Ft
$286/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $417,000 $205 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,764/month

26 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • 2 Car Attached Garage
  • Kerby Elementary School Rated A
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of May 2019

Look no further - your completely updated Grosse Pointe Farms home is here!

This impeccably remodeled Colonial boasts three large bedrooms, two brand new full baths and one half bath. The redesigned open kitchen layout comes with gorgeous shaker cabinets, stainless steel appliances, and quartz countertops with an eat-in island. The entire house has refinished oak hardwood floors, as well as all new windows with shutters, new roof, new doors inside and out (incl. garage door) and new lighting fixtures. It also includes a finished basement with a full bath, bonus room, laundry room and utility/storage room. No expense was spared including new landscaping, all new exterior paint with a faux cedar shake, a marble fireplace and a much desired attached garage.

If location is a priority, enjoy the walking distance to the best of Grosse Pointe Schools and the close proximity to both the “Hill” and the Grosse Pointe Farms Pier Park. This is the Farms home you have been waiting for!

Last Agent to Sell the Property

Brian Owen

O & Smythe License #6502414449 Listed on: 03/25/2019

Last Buyer's Agent

James Haidar

RE/MAX First License #6501326730

RE/MAX First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,245

Year Built

  • Built in 1950

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 91.90x113.40

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 2,037 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Finished Basement
  • Sump Pump

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association
  • Lothrop Pines Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38010080001002
  • $12,510 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,245

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1950
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2637
  • Sq Ft Lower Floor: 600
  • Total Sq Ft: 2037
  • Sq Ft Total Bsmt: 745

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 106
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Grosse Pointe

Lot Info

  • List Price per Acre: 1820833.3333
  • Lot Size Area: 0.24
  • Lot Dimensions: 91.90X113.40
  • Parcel Number: 38010080001002

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2019
Closed on
May 24, 2019
Sold by
L Grace Properties Llc
Bought by
Ealy Amanda L
Seller's Agent
Brian Owen
O & Smythe
Buyer's Agent
James Haidar
RE/MAX First
List Price
$437,000
Sold Price
$417,000
Premium/Discount to List
-$20,000
-4.58%
Current Estimated Value
$582,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,281
Avg. Annual Appreciation
4.68%
Original Mortgage
$404,490
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 3, 2018
Closed on
Oct 31, 2018
Sold by
Shock John
Bought by
L Grace Properties Llc
Seller's Agent
Charles Krasner
Sine & Monaghan LLC
Buyer's Agent
Brian Owen
O & Smythe
List Price
$279,000
Sold Price
$247,000
Premium/Discount to List
-$32,000
-11.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
154.77%
Original Mortgage
$315,000
Interest Rate
4.6%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Ealy Amanda L $417,000 Visionary Title Agency Llc
L Grace Properties Llc $247,000 Ata National Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ninneman Amanda L $413,000
Closed Ealy Amanda L $404,490
Previous Owner L Grace Properties Llc $315,000
Previous Owner Shock John P $218,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2019 05/24/19 Sold $417,000 -4.6% $205 / Sq Ft
04/20/2019 04/20/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $437,000 +76.9% $215 / Sq Ft
10/31/2018 10/31/18 Sold $247,000 -11.5% $104 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
09/21/2018 09/21/18 For Sale $279,000 0.0% $117 / Sq Ft
09/15/2018 09/15/18 Pending -- -- --
08/22/2018 08/22/18 Price Changed $279,000 -6.7% $117 / Sq Ft
08/03/2018 08/03/18 For Sale $299,000 -- $126 / 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
2024 $6,245 $257,000 $0 $0
2023 $5,950 $238,300 $0 $0
2022 $11,113 $218,600 $0 $0
2021 $10,498 $208,700 $0 $0
2019 $9,955 $194,200 $0 $0
2018 $3,771 $183,200 $0 $0
2017 $9,787 $179,200 $0 $0
2016 $8,418 $172,100 $0 $0
2015 $13,584 $151,300 $0 $0
2013 $13,160 $131,600 $0 $0
2012 $3,514 $129,000 $46,000 $83,000
Source: Public Records

Agents Affiliated with this Home

  • Brian Owen

    Seller's Agent in 2019

    Brian Owen

    O & Smythe

    (248) 941-1975

    11 Total Sales

    Section Image
  • James Haidar

    Buyer's Agent in 2019

    James Haidar

    RE/MAX of Southeast Michigan

    (586) 285-5555

    3 in this area

    180 Total Sales

    James Haidar
    Section Image
  • Charles Krasner

    Seller's Agent in 2018

    Charles Krasner

    Sine & Monaghan LLC

    (313) 574-4950

    25 in this area

    60 Total Sales

    Charles Krasner
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 219024985

Realcomp

APN: 38-010-08-0001-002

Michigan Wayne County Grosse Pointe Farms 48236

251 Lothrop Rd, Grosse Pointe Farms, MI

This home is located at 251 Lothrop Rd, Grosse Pointe Farms, MI 48236 since 25 March 2019 and is currently estimated at $582,281, approximately $285 per square foot. This property was built in 1950. 251 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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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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