NOT LISTED FOR SALE

340 Lothrop Rd Grosse Pointe Farms, MI 48236

Estimated Value: $545,000 - $740,000

4 Beds
4 Baths
3,013 Sq Ft
$215/Sq Ft Est. Value

About This Home

This home is located at 340 Lothrop Rd, Grosse Pointe Farms, MI 48236 and is currently estimated at $647,111, approximately $214 per square foot. 340 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
Feb 4, 2025
Sold by
Fleming John Richard
Bought by
Fleming John Richard and Fleming Samantha
Current Estimated Value
$647,111

Purchase Details

Closed on
Apr 2, 2024
Sold by
Binno Brandon
Bought by
Fleming John Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2022
Sold by
Return On Investments Llc
Bought by
Binno Brandon

Purchase Details

Closed on
Feb 18, 2010
Sold by
Slaughter James B and Slaughter Katherine T
Bought by
Layman Thomas D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,562
Interest Rate
4.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Fleming John Richard -- None Listed On Document
Fleming John Richard -- None Listed On Document
Fleming John Richard $480,000 None Listed On Document
Binno Brandon $375,000 Speedy Title & Escrow Services
Return On Investments Llc $275,000 Speedy Title & Escrow Services
Layman Thomas D $245,000 Greco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fleming John Richard $384,000
Previous Owner Clayman Thomas D $296,250
Previous Owner Layman Thomas D $248,000
Previous Owner Layman Thomas D $231,500
Previous Owner Layman Thomas D $240,562
Source: Public Records

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 $7,291 $283,900 $0 $0
2023 $5,033 $263,500 $0 $0
2022 $5,033 $242,300 $0 $0
2021 $9,236 $231,500 $0 $0
2019 $9,081 $231,200 $0 $0
2018 $4,648 $218,600 $0 $0
2017 $8,064 $213,600 $0 $0
2016 $8,453 $204,800 $0 $0
2015 $16,743 $186,500 $0 $0
2013 $16,220 $162,200 $0 $0
2012 $4,228 $159,000 $44,600 $114,400
Source: Public Records

Map

Michigan Wayne County Grosse Pointe Farms 48236

340 Lothrop Rd, Grosse Pointe Farms, MI

This home is located at 340 Lothrop Rd, Grosse Pointe Farms, MI 48236 and is currently estimated at $647,111, approximately $214 per square foot. 340 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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