NOT LISTED FOR SALE

409 Lothrop Rd Grosse Pointe Farms, MI 48236

Estimated Value: $393,469 - $487,000

3 Beds
1 Bath
1,545 Sq Ft
$277/Sq Ft Est. Value

Last Sold June 26, 2012

Last sale price $171,000 $111 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $2,535/month

20 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Kerby Elementary School Rated A
  • Recreation Room
  • Fenced Yard

About This Home

As of June 2012

ATTRACTIVE COLONIAL ON LOW TRAFFIC STREET JUST WEST OF CHALFONTE. UPDATED KITCHEN WITH GRANITE COUNTERS AND BAY EATING AREA. FORMAL DINING ROOM. NATURAL FIREPLACE IN LIVING ROOM. COZY, RECENTLY REMODELED FAMILY ROOM LEADS TO SPACIOUS DECK. NEWLY FINISHED BASEMENT WITH HALF BATH. BEAUTIFUL HARWOOD FLOORS THROUGHOUT. ALL APPLIANCES STAY.

Last Agent to Sell the Property

Rick Schwanitz

Villa Residential Realty Co. License #MISPE-6501241387 Listed on: 05/12/2012

Last Buyer's Agent

Sharon Chase

Keller Williams Realty Lakeside License #MISPE-6502375996

Keller Williams Realty Lakeside

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 42x105
  • Fenced Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,545 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Bay Window
  • Living Room with Fireplace
  • Recreation Room
  • Wood Flooring
  • Dryer
  • Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Balcony
  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 38009030309000

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Total Tax Amount: 4655
  • Total Tax Year: 2011
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bay Window, Hardwood Floors
  • Appliances: Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace
  • Basement: Yes
  • Basement: Finished
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 15 x 11
  • Bedroom 2: On 2nd Floor, Dimensions: 14 x 11
  • Bedroom 3: On 2nd Floor, Dimensions: 10 x 9
  • Bathrooms Description: Basement Lavatory, Second Flr Lavatory
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room Types: Recreation Room
  • Dining Room: On Entry Level, Dimensions: 14 x 11
  • Family Room: On Entry Level, Dimensions: 11 x 9
  • Kitchen: On Entry Level, Dimensions: 17 x 11
  • Kitchen Features: Eat-In Kitchen, Formal Dining Room
  • Living Room: On Entry Level, Dimensions: 17 x 13
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1545
  • Total Finished Sq Ft: 1545

Exterior Features

  • Exterior: Brick
  • Exterior Features: Exterior Balcony, Deck, Fenced Yard, Sidewalks
  • Foundation: Basement
  • Frontage: 42
  • Road: Paved Street

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C

Schools

  • Elementary School: KERBY
  • Middle School: BROWNELL
  • High School: GROSSE POINTE SOUTH

Lot Info

  • Assessor Parcel Number: 38009030309000
  • Zoning: Residential
  • Lot Dimensions: 42X105
  • Acreage: 0.1
  • Map Side Numeric: 4
  • Map Top Alpha: AK
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2011, Amount: $2,621.00
  • Winter Tax: Year: 2011, Amount: $2,034.00
  • Taxable Value: 101200
  • Total Tax: Year: 2011, Amount: $4,655.00
  • SEV Year: 2011

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2015
Sold by
Department Of Natural Resources
Bought by
Heath James
Current Estimated Value
$427,367

Purchase Details

Listed on
May 12, 2012
Closed on
Jun 22, 2012
Sold by
Cucculelli Heather D
Bought by
Brown Megan
Seller's Agent
Rick Schwanitz
Villa Residential Realty Co.
Buyer's Agent
Sharon Chase
Keller Williams Realty Lakeside
List Price
$179,900
Sold Price
$171,000
Premium/Discount to List
-$8,900
-4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Original Mortgage
$162,450
Interest Rate
3.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Heath James -- First American Title
Brown Megan $171,000 Title Partners
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Megan $162,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2012 06/26/12 Sold $171,000 -4.9% $111 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
05/12/2012 05/12/12 For Sale $179,900 -- $116 / 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
2025 $3,340 $195,600 $0 $0
2024 $3,340 $186,400 $0 $0
2023 $3,182 $172,200 $0 $0
2022 $5,943 $158,400 $0 $0
2021 $5,614 $144,500 $0 $0
2019 $5,520 $143,700 $0 $0
2018 $2,825 $133,400 $0 $0
2017 $4,902 $129,700 $0 $0
2016 $5,138 $127,100 $0 $0
2015 $10,178 $112,200 $0 $0
2013 $9,860 $98,600 $0 $0
2012 $2,622 $98,600 $22,000 $76,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Rick Schwanitz

    Villa Residential Realty Co.

    Section Image

  • S

    Buyer's Agent in 2012

    Sharon Chase

    Keller Williams Realty Lakeside

    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31102485

Michigan Multiple Listing Service

APN: 38-009-03-0309-000

Michigan Wayne County Grosse Pointe Farms 48236

409 Lothrop Rd, Grosse Pointe Farms, MI

This home is located at 409 Lothrop Rd, Grosse Pointe Farms, MI 48236 since 12 May 2012 and is currently estimated at $427,367, approximately $276 per square foot. This property was built in 1941. 409 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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