NOT LISTED FOR SALE

3238 Lothrop St Detroit, MI 48206

Wildemere Park Neighborhood

Estimated Value: $108,000 - $140,000

4 Beds
1 Bath
1,536 Sq Ft
$83/Sq Ft Est. Value

Last Sold August 21, 2023

Last sale price $120,000 $78 Per Sq Ft

Current estimated payment $805/month

95 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • 2 Car Detached Garage

About This Home

As of August 2023

Step inside this historic brick home in Wildemere Park, Detroit! This turn-key colonial is completely move-in ready. Perfect for a first time home buyer, this brick home offers 4 bedrooms and 1 bath at 1,536 sqft with a 2-Car detached alley facing Garage. Built in 1912, this historic house still holds impressive original details from the original wood staircase, the original claw foot bathtub to the wainscoting & built-in shelf in the dining room. Seamlessly step outside for fresh air with 3 separate outdoor porches! Hardwood floors throughout with tons of natural light. Very functional kitchen with walk-in pantry. Walkup attic offers a great option for 5th bedroom or flex-room. Improvements include all new electrical, plumbing, HVAC, and more! Great location at the corner of Grand Blvd & Grand River, very easy access to I-96. Only 5 Minutes from the Motown Museum, Marble Bar, the new Detroit Institute of Bagels location in Core City, Woodbridge, Wayne State University and the new 25M Development at the Lincoln Street Art Park. Kitchen Appliances Excluded. Don’t miss this opportunity, schedule your showing today.

Last Agent to Sell the Property

Daniel Ericksen

O'Connor Realty Detroit, LLC License #6506047792 Listed on: 04/20/2023

Last Buyer's Agent

Daniel Treder

Signature Sotheby's International Realty GPF License #RCO-6506047792

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1912 | Remodeled in 2022

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30 x 120 x 30 x 120

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number W12I001231S

Home Details

Home Type

Single Family

Est. Annual Taxes

$673

Year Built

Built in 1912 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1912
  • State Equalized Value: 12400.0000
  • Year Renovated: 2022
  • Entry Location: Ground Level w/Steps
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1536
  • Total Sq Ft: 1536
  • Sq Ft Total Bsmt: 768

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 30
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
  • Water Source: Public (Municipal), Water at Street

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.08
  • Lot Dimensions: 30 X 120 X 30 X 120
  • Parcel Number: W12I001231S

Tax Info

  • Tax Amount Summer: 583.8300
  • Tax Amount Winter: 90.4400
  • Total Tax: 673.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
Aug 21, 2023
Sold by
Leo August
Bought by
Helms Jared Ray
Seller's Agent
Daniel Ericksen
O'Connor Realty Detroit, LLC
Buyer's Agent
Daniel Ericksen
O'Connor Realty Detroit, LLC
List Price
$159,900
Sold Price
$120,000
Premium/Discount to List
-$39,900
-24.95%
Views
139
Current Estimated Value
$119,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2
Avg. Annual Appreciation
-1.16%
Original Mortgage
$115,800
Outstanding Balance
$113,899
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$3,379

Purchase Details

Closed on
Feb 6, 2020
Sold by
The Detroit Land Bank Authority
Bought by
Lleo August

Purchase Details

Closed on
Jul 16, 2014
Sold by
The City Of Detroit
Bought by
The Detroit Land Bank Authority

Purchase Details

Closed on
Feb 7, 2013
Sold by
Wayne County Treasurer
Bought by
Planning & Development Dept City Of Detr

Purchase Details

Closed on
Apr 20, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Mozel Llc

Purchase Details

Closed on
Apr 14, 2009
Sold by
Mozel Llc
Bought by
Trustee Management Services Llc and 4238 Lothrop St Trust

Purchase Details

Closed on
Mar 8, 2004
Sold by
Hunter Valena Carter
Bought by
Mosby Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
8.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2003
Sold by
Hunter Kane William
Bought by
Hunter Valena Carter

Purchase Details

Closed on
Apr 14, 1995
Sold by
Weathersby Johnie Mae
Bought by
Hunter Kane
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
Helms Jared Ray $120,000 Peak Title
Lleo August $8,100 Amrock Inc
The Detroit Land Bank Authority -- None Available
Planning & Development Dept City Of Detr -- None Available
Mozel Llc -- Fidelity National Title
Deutsche Bank National Trust Company -- Fidelity National Title
Trustee Management Services Llc -- None Available
Mosby Richard $78,000 --
Hunter Valena Carter -- --
Hunter Kane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Helms Jared Ray $115,800
Previous Owner Barnett Crystal $4,800
Previous Owner Mosby Richard $63,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2023 08/21/23 Sold $120,000 -7.7% $78 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
06/30/2023 06/30/23 Price Changed $130,000 -10.3% $85 / Sq Ft
05/22/2023 05/22/23 Price Changed $145,000 -6.5% $94 / Sq Ft
05/01/2023 05/01/23 Price Changed $155,000 -3.1% $101 / Sq Ft
04/20/2023 04/20/23 For Sale $159,900 -- $104 / 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 $1,704 $23,700 $0 $0
2024 $1,704 $19,300 $0 $0
2023 $1,016 $15,700 $0 $0
2022 $1,080 $12,400 $0 $0
2021 $1,052 $9,300 $0 $0
2020 $502 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $1,033 $0 $0 $0
2016 $240 $0 $0 $0
2015 $1,033 $0 $0 $0
2013 $1,033 $10,326 $0 $0
2010 -- $14,795 $660 $14,135
Source: Public Records

Agents Affiliated with this Home

  • Daniel Ericksen

    Seller's Agent in 2023

    Daniel Ericksen

    O'Connor Realty Detroit, LLC

    (248) 376-2231

    1 in this area

    126 Total Sales

    Section Image

  • D

    Buyer's Agent in 2023

    Daniel Treder

    Signature Sotheby's International Realty GPF

    (248) 470-8590

    1 in this area

    74 Total Sales

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Map

Source: Realcomp

MLS Number: 20230029282

Realcomp

APN: 12-001231

Michigan Wayne County Detroit 48206 Wildemere Park

3238 Lothrop St, Detroit, MI

This home is located at 3238 Lothrop St, Detroit, MI 48206 since 20 April 2023 and is currently estimated at $126,725, approximately $82 per square foot. This property was built in 1912. 3238 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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