NOT LISTED FOR SALE

407 Lothrop Rd Grosse Pointe Farms, MI 48236

Estimated Value: $440,683 - $518,000

3 Beds
2 Baths
2,000 Sq Ft
$244/Sq Ft Est. Value

Last Sold June 28, 2022

Last sale price $440,000 $220 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,942/month

21 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 2.5 Car Detached Garage
  • Kerby Elementary School Rated A

About This Home

As of June 2022

Completely updated...turnkey ready house! Dedicated first floor office. Open floor plan in family room, dining area and kitchen. Great hardwood floors throughout. Two and a half garage with ample storage. Large upstairs bedrooms. Slider door to exposed aggregate patio. Pantry offers lots of storage. New fenced yard and sprinklers. Newer mechanicals throughout. Ductless heating/ac in master bedroom. New master bathroom with heated tile floor. Kerby/Brownell/South schools. Great neighborhood. All you need to do is move in!

Last Agent to Sell the Property

Jeanne Lizza Liddane

Sine & Monaghan LLC License #MISPE-6501426905 Listed on: 05/20/2022

Sine & Monaghan LLC

Last Buyer's Agent

Charles Krasner

Sine & Monaghan LLC License #MISPE-6501373961

Sine & Monaghan LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 42 x 105

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener

Community Details

  • Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38 009 03 0308 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,711

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Year Built: 1940
  • Mail City: Grosse Pointe Farms
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 14 x 16
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On 2nd Floor, Dimensions: 11 x 15
  • Bedroom 2 Floor Covering: Wood
  • Bedroom 3: On 2nd Floor, Dimensions: 12 x 18
  • Bedroom 3 Floor Covering: Wood
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: Dimensions: 8 x 10, On Level: Second
  • Bathroom 2: Dimensions: 5 x 7, On Level: Second
  • Room Types: First Flr Lavatory, Second Flr Full Bathroom
  • Dining Room: On Entry Level, Dimensions: 8 x 14
  • Dining Room Floor Covering: Laminate
  • Family Room: On Entry Level, Dimensions: 12 x 14
  • Family Room Floor Covering: Wood
  • Kitchen: On Entry Level, Dimensions: 9 x 11
  • Kitchen Floor Covering: Laminate
  • Library Den: On Entry Level, Dimensions: 11 x 11
  • Library Den Floor Covering: Wood
  • Living Room: On Entry Level, Dimensions: 12 x 14
  • Living Room Floor Covering: Wood
  • Below Grade Sq Ft: 1014
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 2000
  • Total Finished Sq Ft: 2000

Exterior Features

  • Exterior: Brick
  • Foundation: Basement
  • Frontage: 42
  • Road: Paved Street
  • Sideof Street: S
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage, Electric in Garage, Gar Door Opener
  • Garage Spaces: 2.5
  • Garage: Yes

Utilities

  • Sewer: Public At Street
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 38 009 03 0308 000
  • Lot Dimensions: 42 x 105
  • Acreage: 0.1
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $2,494.00
  • Winter Tax: Year: 2021, Amount: $2,217.00
  • Taxable Value: 96442
  • Total Tax: Amount: $4,711.00

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jun 28, 2022
Sold by
Josephs Timothy E
Bought by
Weyant Robert J and Cox Sedona A
Seller's Agent
Jeanne Lizza Liddane
Sine & Monaghan LLC
Buyer's Agent
Charles Krasner
Sine & Monaghan LLC
List Price
$445,000
Sold Price
$440,000
Premium/Discount to List
-$5,000
-1.12%
Current Estimated Value
$488,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,921
Avg. Annual Appreciation
0.26%
Original Mortgage
$396,000
Outstanding Balance
$381,472
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$62,003

Purchase Details

Closed on
Apr 17, 2014
Sold by
Josephs Timothy E and Josephs Timothy
Bought by
The Josephs Family Trust

Purchase Details

Closed on
Jan 10, 2014
Sold by
Josephs Lori Egan
Bought by
Josephs Timothy E

Purchase Details

Listed on
Sep 24, 2012
Closed on
Dec 21, 2012
Sold by
Long Diane Egan and Egan Diane H
Bought by
Josephs Timothy
Seller's Agent
Sharon A Nouhan
James R. Fikany Real Estate Co
Buyer's Agent
Sharon A Nouhan
James R. Fikany Real Estate Co
List Price
$152,900
Sold Price
$145,000
Premium/Discount to List
-$7,900
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.36%
Original Mortgage
$110,000
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2004
Sold by
Egan Diane H and Hillenbrand Doris Mary
Bought by
Egan Diane H
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
Weyant Robert J $440,000 Ata National Title
The Josephs Family Trust -- None Available
Josephs Timothy E -- None Available
Josephs Timothy $145,000 Fidelity Natl Title Ins Co
Egan Diane H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weyant Robert J $396,000
Previous Owner Josephs Timothy $140,000
Previous Owner Josephs Timothy E $48,200
Previous Owner Josephs Timothy $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2022 06/28/22 Sold $440,000 -1.1% $220 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
05/22/2022 05/22/22 For Sale $445,000 +206.9% $223 / Sq Ft
12/21/2012 12/21/12 Sold $145,000 -5.2% $73 / Sq Ft
11/06/2012 11/06/12 Pending -- -- --
09/24/2012 09/24/12 For Sale $152,900 -- $76 / 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 $4,162 $162,500 $0 $0
2023 $3,965 $150,400 $0 $0
2022 $4,986 $138,300 $0 $0
2021 $4,711 $126,400 $0 $0
2019 $4,632 $120,300 $0 $0
2018 $2,370 $112,200 $0 $0
2017 $4,113 $109,100 $0 $0
2016 $4,312 $107,100 $0 $0
2015 $8,540 $85,400 $0 $0
2013 $7,500 $75,000 $0 $0
2012 $2,440 $91,800 $22,000 $69,800
Source: Public Records

Agents Affiliated with this Home

  • Jeanne Lizza Liddane

    Seller's Agent in 2022

    Jeanne Lizza Liddane

    Sine & Monaghan LLC

    (313) 377-8388

    3 in this area

    39 Total Sales

    Jeanne Lizza Liddane
    Section Image
  • Charles Krasner

    Buyer's Agent in 2022

    Charles Krasner

    Sine & Monaghan LLC

    (313) 574-4950

    25 in this area

    61 Total Sales

    Charles Krasner
    Section Image

  • S

    Seller's Agent in 2012

    Sharon A Nouhan

    James R. Fikany Real Estate Co

    (313) 886-5051

    9 Total Sales

    Sharon A Nouhan
    Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50075125

Michigan Multiple Listing Service

APN: 38-009-03-0308-000

Michigan Wayne County Grosse Pointe Farms 48236

407 Lothrop Rd, Grosse Pointe Farms, MI

This home is located at 407 Lothrop Rd, Grosse Pointe Farms, MI 48236 since 20 May 2022 and is currently estimated at $488,921, approximately $244 per square foot. This property was built in 1940. 407 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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