NOT LISTED FOR SALE

270 Lothrop Rd Grosse Pointe Farms, MI 48236

Estimated Value: $533,474 - $664,000

4 Beds
2 Baths
2,570 Sq Ft
$238/Sq Ft Est. Value

Last Sold December 11, 2014

Last sale price $260,000 $101 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $3,757/month

2 Days on Market

Highlights

  • Cape Cod Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Kerby Elementary School Rated A
  • Fireplace
  • Baseboard Heating

About This Home

As of December 2014

To settle estate.....Spacious, solid Bungalow in great "Farms" location. Ready for the personal touches of a new owner. Large Artist's Studio can easily be converted to Family Room. Great potential. Immediate Occupancy.

Last Listed By

Thomas Boos

Sine & Monaghan LLC License #MISPE-6501276519 Listed on: 11/11/2014

Sine & Monaghan LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,331

Year Built

  • Built in 1959

Lot Details

  • Lot Dimensions are 70 x 169

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • 2,570 Sq Ft Home
  • 1.5-Story Property
  • Fireplace
  • Basement
  • Block Basement Construction

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • Lothrop Pines Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38010080155002

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,331

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Bungalow, Cape Cod
  • Structure Style: 1 1/2 Story
  • Year Built: 1959
  • Mail City: Grosse Pointe Farms
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal
  • Fireplace: Yes
  • Fireplaces: Natural Fireplace
  • Basement: Yes
  • Basement: Block
  • Bedrooms: 4
  • Bedroom 1: On 1st Floor, Dimensions: 15 x 13
  • Bedroom 2: On 1st Floor, Dimensions: 10 x 10
  • Bedroom 3: On 2nd Floor, Dimensions: 20 x 10
  • Bedroom 4: On 2nd Floor, Dimensions: 15 x 10
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Room: On 1st Floor, Dimensions: 13 x 11
  • Family Room: On 1st Floor, Dimensions: 24 x 21
  • Kitchen: On 1st Floor, Dimensions: 16 x 10
  • Living Room: On 1st Floor, Dimensions: 21 x 15
  • Above Grade Finished Sq Ft: 2570
  • Total Finished Sq Ft: 2570

Exterior Features

  • Exterior: Brick
  • Foundation: Basement
  • Frontage: 70

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Baseboard, Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public At Street
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 38010080155002
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft.
  • Lot Dimensions: 70 X 169
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2014, Amount: $3,566.23
  • Winter Tax: Year: 2013, Amount: $3,026.29
  • Taxable Value: 137688
  • SEV Year: 2014

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2014
Closed on
Dec 10, 2014
Sold by
The William W Penoyar Jr Living Trust
Bought by
Smith Steven and Smith Kathleen
Seller's Agent
Thomas Boos
Sine & Monaghan LLC
Buyer's Agent
Shana Sine-Cameron
Sine & Monaghan LLC
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%
Total Days on Market
2
Current Estimated Value
$612,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,619
Avg. Annual Appreciation
8.34%
Original Mortgage
$208,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2007
Sold by
Penoyar William W and Penoyar Patricia S
Bought by
Penoyar William W

Range of Values:

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Average Value
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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
Smith Steven $260,000 Devon Title Agency
Penoyar William W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Steven $282,000
Closed Smith Steven $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2014 12/11/14 Sold $260,000 -5.5% $101 / Sq Ft
11/13/2014 11/13/14 Pending -- -- --
11/11/2014 11/11/14 For Sale $275,000 -- $107 / 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
2024 $4,331 $228,000 $0 $0
2023 $4,127 $212,000 $0 $0
2022 $7,707 $194,800 $0 $0
2021 $7,281 $186,400 $0 $0
2019 $7,160 $165,700 $0 $0
2018 $3,664 $157,600 $0 $0
2017 $6,357 $154,300 $0 $0
2016 $6,664 $148,400 $0 $0
2015 $13,200 $132,000 $0 $0
2013 $13,550 $135,500 $0 $0
2012 $3,531 $132,800 $39,800 $93,000
Source: Public Records

Agents Affiliated with this Home

  • Thomas Boos

    Seller's Agent in 2014

    Thomas Boos

    Sine & Monaghan LLC

    (313) 884-2136

    Section Image
  • Shana Sine-Cameron

    Buyer's Agent in 2014

    Shana Sine-Cameron

    Sine & Monaghan LLC

    (313) 530-7705

    89 in this area

    297 Total Sales

    Shana Sine-Cameron
    Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 31220485

Michigan Multiple Listing Service

APN: 38-010-08-0155-002

Michigan Wayne County Grosse Pointe Farms 48236

270 Lothrop Rd, Grosse Pointe Farms, MI

Homes for Sale in Grosse Pointe Farms, MI

This home is located at 270 Lothrop Rd, Grosse Pointe Farms, MI 48236 since 11 November 2014 and is currently estimated at $612,619, approximately $238 per square foot. This property was built in 1959. 270 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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