278 Lothrop Rd Grosse Pointe Farms, MI 48236
Estimated Value: $505,533 - $706,000
3
Beds
2
Baths
2,333
Sq Ft
$259/Sq Ft
Est. Value
About This Home
This home is located at 278 Lothrop Rd, Grosse Pointe Farms, MI 48236 and is currently estimated at $604,383, approximately $259 per square foot. 278 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 4, 2024
Sold by
Mckinley Daniel W and Mckinley Julie
Bought by
Mckinley Julie and Daniel W Mckinley Jr Living Trust
Current Estimated Value
Purchase Details
Closed on
Jun 17, 2010
Sold by
Ritter Timothy B and Ritter Kristin A
Bought by
Mckinley Daniel W and Mckinley Julie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.86%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 31, 2007
Sold by
Wilson George J and Wilson Andree T
Bought by
Ritter Timothy B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,250
Interest Rate
6.2%
Mortgage Type
Unknown
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Mckinley Julie | -- | None Listed On Document | |
Mckinley Daniel W | $250,000 | Greco | |
Ritter Timothy B | $303,000 | Greco |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Mckinley Daniel | $50,000 | |
Previous Owner | Mckinley Daniel W | -- | |
Previous Owner | Mckinley Daniel W | $192,000 | |
Previous Owner | Mckinley Daiel W | $198,000 | |
Previous Owner | Mckinley Daniel W | $200,000 | |
Previous Owner | Ritter Timothy B | $227,250 | |
Previous Owner | Ritter Timothy B | $75,750 |
Source: Public Records
Tax History Compared to Growth
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 | $3,817 | $233,500 | $0 | $0 |
2023 | $3,637 | $217,600 | $0 | $0 |
2022 | $6,793 | $199,700 | $0 | $0 |
2021 | $6,417 | $191,300 | $0 | $0 |
2019 | $6,310 | $184,100 | $0 | $0 |
2018 | $3,229 | $176,800 | $0 | $0 |
2017 | $5,603 | $173,100 | $0 | $0 |
2016 | $5,873 | $166,600 | $0 | $0 |
2015 | $11,634 | $129,500 | $0 | $0 |
2013 | $11,270 | $112,700 | $0 | $0 |
2012 | $2,938 | $110,500 | $46,100 | $64,400 |
Source: Public Records
Map
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