NOT LISTED FOR SALE

311 Lothrop Rd Grosse Pointe Farms, MI 48236

Estimated Value: $463,950 - $542,000

3 Beds
2 Baths
2,462 Sq Ft
$201/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $345,000 $140 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,184/month

11 Days on Market

Highlights

  • Recreation Room
  • Ranch Style House
  • 2 Car Detached Garage
  • Kerby Elementary School Rated A
  • Tennis Courts
  • Park

About This Home

As of October 2020

**DON’T MISS THIS GREAT HOME!** 3 bedrooms, 2 ½ bath brick ranch in excellent Farms location!! Hardwood floors. Bright and spacious living room with fireplace opens to dining area with access to windowed family room with view of private deep (70 x 160) landscaped yard with perennial gardens. Fantastic remodeled kitchen featuring cherry cabinets, Bosch dishwasher and eating-area. Updated baths. Newer windows. Tear off roof 2017. Carpeted basement recreation room with second full bath, fireplace and separate laundry room. 2.5 car detached garage. Access to private residents only Pier Park with beach, pool, splash pad, playscapes, tennis courts, ice rink, marina, separate dog park and more!

Last Agent to Sell the Property

Beline Obeid

Beline Obeid Realty License #MISPE-6502364838 Listed on: 09/09/2020

Last Buyer's Agent

J Mark Orr

Sine & Monaghan Realtors Real Living LLC GPF License #RCO-6501121374

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1953

Lot Details

  • Lot Dimensions are 70 x 160
  • Sprinkler System

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Family Room
  • Living Room with Fireplace
  • Recreation Room
  • Basement
  • Fireplace in Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • Tennis Courts
  • Community Playground
  • Park

Listing and Financial Details

  • Assessor Parcel Number 38 010 08 0048 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,508

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: Basement Fireplace, LivRoom Fireplace
  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 14 x 13
  • Bedroom 2: On 1st Floor, Dimensions: 12 x 12
  • Bedroom 3: On 1st Floor, Dimensions: 13 x 10
  • Bathrooms Description: First Flr Lavatory, Second Flr Full Bathroom
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: Basement
  • Room Types: Family Room, Living Room, Recreation Room
  • Dining Room: On 1st Floor, Dimensions: 13 x 11
  • Family Room: On 1st Floor, Dimensions: 14 x 14
  • Kitchen: On 1st Floor, Dimensions: 19 x 9
  • Kitchen Features: Eat-In Kitchen, Formal Dining Room
  • Living Room: On 1st Floor, Dimensions: 20 x 14
  • Below Grade Sq Ft: 1552
  • Finished Below Grade Sq Ft: 700
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1762
  • Total Finished Sq Ft: 2462

Exterior Features

  • Exterior: Brick
  • Exterior Features: Lawn Sprinkler
  • Foundation: Basement
  • Frontage: 70

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Park, Playground, Tennis Courts

Lot Info

  • Assessor Parcel Number: 38 010 08 0048 000
  • Lot Dimensions: 70 x 160
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $2,912.08
  • Winter Tax: Year: 2019, Amount: $2,595.46
  • Total Tax: Year: 2020, Amount: $5,507.54
  • SEV Year: 2020

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
Oct 21, 2020
Sold by
Levitan Richard R and Levitan Bonni E
Bought by
Handley James
Seller's Agent
Beline Obeid
Beline Obeid Realty
Buyer's Agent
J Mark Orr
Sine & Monaghan Realtors Real Living LLC GPF
List Price
$349,000
Sold Price
$345,000
Premium/Discount to List
-$4,000
-1.15%
Current Estimated Value
$495,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,988
Avg. Annual Appreciation
7.23%
Original Mortgage
$276,000
Outstanding Balance
$250,427
Interest Rate
2.9%
Mortgage Type
Unknown
Estimated Equity
$226,911

Purchase Details

Closed on
Mar 4, 2009
Sold by
Levitan Richard R and Levitan Bonnie E
Bought by
Levitan Richard R

Purchase Details

Closed on
Jun 20, 1994
Sold by
Est Emilia F Bem
Bought by
Richard R and Levitan Bonnie E
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
Handley James $345,000 Ata National Title Group Llc
Levitan Richard R -- None Available
Richard R $163,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Handley James $276,000
Previous Owner Levitan Richard R $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $345,000 -1.1% $140 / Sq Ft
09/20/2020 09/20/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $349,000 0.0% $142 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $349,000 -- $142 / 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 $5,051 $206,700 $0 $0
2023 $4,813 $192,100 $0 $0
2022 $8,989 $176,100 $0 $0
2021 $8,492 $168,300 $0 $0
2019 $5,453 $161,000 $0 $0
2018 $2,791 $152,500 $0 $0
2017 $4,842 $149,300 $0 $0
2016 $5,076 $143,600 $0 $0
2015 $10,054 $112,000 $0 $0
2013 $9,740 $97,400 $0 $0
2012 $2,541 $95,500 $39,200 $56,300
Source: Public Records

Agents Affiliated with this Home

  • Beline Obeid

    Seller's Agent in 2020

    Beline Obeid

    Beline Obeid Realty

    (313) 343-0100

    17 in this area

    179 Total Sales

    Beline Obeid
    Section Image

  • J

    Buyer's Agent in 2020

    J Mark Orr

    Sine & Monaghan Realtors Real Living LLC GPF

  • Mark Orr

    Buyer's Agent in 2020

    Mark Orr

    Sine & Monaghan LLC

    (313) 268-6699

    2 in this area

    24 Total Sales

    Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50023070

Michigan Multiple Listing Service

APN: 38-010-08-0048-000

Michigan Wayne County Grosse Pointe Farms 48236

311 Lothrop Rd, Grosse Pointe Farms, MI

This home is located at 311 Lothrop Rd, Grosse Pointe Farms, MI 48236 since 09 September 2020 and is currently estimated at $495,988, approximately $201 per square foot. This property was built in 1953. 311 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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