NOT LISTED FOR SALE

3020 Lothrop St Detroit, MI 48206

Wildemere Park Neighborhood

Estimated Value: $134,000 - $148,000

4 Beds
2 Baths
2,200 Sq Ft
$65/Sq Ft Est. Value

Last Sold September 24, 2018

Last sale price $12,750 $6 Per Sq Ft

Est. 1,021% increase in value since last sale

Current estimated payment $836/month

35 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Fenced
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of September 2018

Large two family brick multi family home with large front porch and upper deck, some natural woodwork and hardwood floors and fenced yard. Located near Bishop Park and I-96.

Last Agent to Sell the Property

Kent Colpaert

Bearing Group License #6502334886 Listed on: 08/01/2018

Last Buyer's Agent

Malcolm Prophit

Bearing Group License #RCO

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30.00x120.00
  • Fenced

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,200 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

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

Community Details

  • 2 Units
  • Crosman & MC Kays Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W12I001243S

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2200
  • Total Sq Ft: 2200
  • Sq Ft Total Bsmt: 1100

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Porch Type: Deck, Porch - Covered
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 50000.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 30.00X120.00
  • Parcel Number: W12I001243S
  • Zoning: Multiple

Rental Info

  • Monthly Rental Income: 500

Tax Info

  • Tax Amount Summer: 1029.0000
  • Tax Amount Winter: 83.0000
  • Total Tax: 1112.0000

Multi Family

  • Gross Scheduled Income: 6000.00
  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
Sep 21, 2018
Sold by
Fannie Mae
Bought by
Cucos Laurentiu
Seller's Agent
Kent Colpaert
Bearing Group
Buyer's Agent
Malcolm Prophit
Bearing Group
List Price
$4,000
Sold Price
$12,750
Premium/Discount to List
$8,750
218.75%
Current Estimated Value
$142,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,133
Avg. Annual Appreciation
40.54%

Purchase Details

Closed on
Dec 21, 2017
Sold by
Williams Edd
Bought by
Fannie Mae and Federal National Mortgage Association
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
Cucos Laurentiu $12,750 None Available
Fannie Mae $12,382 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2018 09/24/18 Sold $12,750 +218.8% $6 / Sq Ft
09/05/2018 09/05/18 Pending -- -- --
08/27/2018 08/27/18 For Sale $4,000 0.0% $2 / Sq Ft
08/09/2018 08/09/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $4,000 -- $2 / 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 $1,039 $28,500 $0 $0
2024 $1,039 $23,400 $0 $0
2023 $1,254 $19,000 $0 $0
2022 $1,329 $15,000 $0 $0
2021 $1,296 $11,300 $0 $0
2020 $1,296 $13,600 $0 $0
2019 $1,278 $10,600 $0 $0
2018 $1,002 $8,600 $0 $0
2017 $167 $8,800 $0 $0
2016 $1,159 $23,000 $0 $0
2015 $918 $13,100 $0 $0
2013 $889 $18,145 $0 $0
2010 -- $25,998 $660 $25,338
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Kent Colpaert

    Bearing Group

  • M

    Buyer's Agent in 2018

    Malcolm Prophit

    Bearing Group

See All Agents

Map

Source: Realcomp

MLS Number: 218073365

Realcomp

APN: 12-001243

Michigan Wayne County Detroit 48206 Wildemere Park

3020 Lothrop St, Detroit, MI

This home is located at 3020 Lothrop St, Detroit, MI 48206 since 01 August 2018 and is currently estimated at $142,883, approximately $64 per square foot. This property was built in 1913. 3020 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.

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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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