NOT LISTED FOR SALE

274 Lothrop Rd Grosse Pointe Farms, MI 48236

Estimated Value: $676,000 - $873,000

4 Beds
3.5 Baths
3,178 Sq Ft
$247/Sq Ft Est. Value

Last Sold June 07, 2023

Last sale price $750,000 $236 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,992/month

Highlights

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

About This Home

As of June 2023

Beautifully renovated GP Farms home with many attractive features. Large first floor master with walk in closet. Large open concept kitchen to family room. First floor laundry/ mudroom. Thoughtful renovations from top to bottom Attached garage. Excellent lot size in one of The Pointes most in demand locations!

Last Agent to Sell the Property

Jimmy Saros

Jim Saros Real Estate Services License #6501398798 Listed on: 06/07/2023

Last Buyer's Agent

Jimmy Saros

Jim Saros Real Estate Services License #6501398798 Listed on: 06/07/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1951

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 75.00 x 169.60

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 3,178 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Lothrop Pines Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38010080151002

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,491

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1951
  • State Equalized Value: 217400.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 3178
  • Total Sq Ft: 3178
  • Sq Ft Total Bsmt: 1653

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 75
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Grosse Pointe

Lot Info

  • Lot Size Area: 0.29
  • Lot Dimensions: 75.00 x 169.60
  • Parcel Number: 38010080151002

Tax Info

  • Tax Amount Summer: 3342.0000
  • Tax Amount Winter: 3149.0000
  • Total Tax: 6491.0000
  • Taxable Value: 125549.0000

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2024
Sold by
Wayne County Bank
Bought by
First Equity Realty Corp
Current Estimated Value
$785,460

Purchase Details

Listed on
Jun 7, 2023
Closed on
Jun 6, 2023
Sold by
Noal Llc
Bought by
Ermanni Aline
Seller's Agent
Jimmy Saros
Jim Saros Real Estate Services
Buyer's Agent
Jimmy Saros
Jim Saros Real Estate Services
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.56%
Original Mortgage
$700,000
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 30, 2022
Sold by
Groehn Nancy A
Bought by
Noal Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,034
Interest Rate
6.95%
Mortgage Type
New Conventional
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
First Equity Realty Corp $700,000 None Listed On Document
Ermanni Aline $750,000 Ata National Title
Noal Llc $325,000 Chirco Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ermanni Aline A $700,000
Previous Owner Noal Llc $307,034
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2023 06/07/23 Sold $750,000 0.0% $236 / Sq Ft
06/07/2023 06/07/23 For Sale $750,000 -- $236 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
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 $7,386 $263,300 $0 $0
2023 $3,342 $240,500 $0 $0
2022 $3,342 $217,400 $0 $0
2021 $6,132 $204,700 $0 $0
2019 $6,030 $188,400 $0 $0
2018 $3,086 $166,300 $0 $0
2017 $5,354 $162,800 $0 $0
2016 $5,613 $156,600 $0 $0
2015 $11,117 $123,800 $0 $0
2013 $10,770 $107,700 $0 $0
2012 $2,808 $105,600 $42,600 $63,000
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Saros

    Seller's Agent in 2023

    Jimmy Saros

    Jim Saros Real Estate Services

    (313) 729-7857

    28 in this area

    251 Total Sales

    Jimmy Saros
    Section Image
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Map

Source: Realcomp

MLS Number: 20230045247

Realcomp

APN: 38-010-08-0151-002

Michigan Wayne County Grosse Pointe Farms 48236

274 Lothrop Rd, Grosse Pointe Farms, MI

This home is located at 274 Lothrop Rd, Grosse Pointe Farms, MI 48236 since 07 June 2023 and is currently estimated at $785,460, approximately $247 per square foot. This property was built in 1951. 274 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.

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

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