NOT LISTED FOR SALE

425 Lothrop Rd Grosse Pointe Farms, MI 48236

Estimated Value: $324,852 - $402,000

3 Beds
1 Bath
1,641 Sq Ft
$225/Sq Ft Est. Value

Last Sold December 18, 2015

Last sale price $199,000 $121 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,187/month

131 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Fenced Yard
  • Kerby Elementary School Rated A
  • Wood Flooring
  • 1 Car Detached Garage

About This Home

As of December 2015

Move in ready! Brand new kitchen with granite counters, built-in microwave, dishwasher and fridge. Refinished hardwood floors on first floor and new carpeting in the rest. Vinyl replacement windows. New tear-off roof (2006), updated electrical (2009). Whole house freshly painted. Formal dining room opens onto huge deck and beautiful yard. Fabulous finished basement offers a 21 X 15 rec room with recessed lights, built-in desk, storage closets and a newer full bath with shower. Quiet, friendly street within walking distance of schools.

Last Agent to Sell the Property

Jeanne Coyle

Johnstone & Johnstone License #MISPE-6501206329 Listed on: 07/28/2015

Last Buyer's Agent

M. Loraine Muccioli

Johnstone & Johnstone License #MISPE-6501202082

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,735

Year Built

  • Built in 1939

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 43x94
  • Fenced Yard

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Entryway
  • Living Room
  • Wood Flooring
  • Partially Finished Basement
  • Block Basement Construction

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • $3,735 Total Annual Tax in 2015
  • Assessor Parcel Number 38-009-01-0273-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,735

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Washer
  • Basement: Yes
  • Basement: Block, Partially Finished
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 13 x 11
  • Bedroom 2: On Upper Floor, Dimensions: 12 x 9
  • Bedroom 3: On Upper Floor, Dimensions: 11 x 8
  • Bathrooms Description: Basement Full Bath, Second Flr Full Bathroom
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Below Grade Bathroom: 1
  • Room Types: Entry, Living Room, Lower Level Laundry
  • Breakfast Nook: On Entry Level, Dimensions: 7 x 8
  • Dining Room: On Entry Level, Dimensions: 12 x 10
  • Kitchen: On Entry Level, Dimensions: 11 x 9
  • Kitchen Features: Breakfast Nook/Room, Formal Dining Room
  • Living Room: On Entry Level, Dimensions: 14 x 13
  • Below Grade Sq Ft: 635
  • Finished Below Grade Sq Ft: 371
  • Above Grade Finished Sq Ft: 1270
  • Total Finished Sq Ft: 1641

Exterior Features

  • Exterior: Brick
  • Exterior Features: Deck, Fenced Yard, Sidewalks
  • Foundation: Basement
  • Frontage: 43

Garage/Parking

  • Garage: Detached Garage, Electric in Garage
  • Garage Spaces: 1
  • Parking: Garage
  • Garage: Yes

Utilities

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

Schools

  • High School: SOUTH

Lot Info

  • Assessor Parcel Number: 38-009-01-0273-000
  • Zoning: Residential
  • Lot Dimensions: 43x94
  • Acreage: 0.09
  • Map Side Numeric: 4
  • Map Top Alpha: AK
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2015, Amount: $1,665.00
  • Winter Tax: Year: 2015, Amount: $2,070.00
  • Taxable Value: 61935
  • Total Tax: Year: 2015
  • SEV Year: 2015

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2015
Closed on
Dec 18, 2015
Sold by
Nemeh John S and Nemeh Kimberly A
Bought by
Carr Leo
Seller's Agent
Jeanne Coyle
Johnstone & Johnstone
Buyer's Agent
M. Loraine Muccioli
Johnstone & Johnstone
List Price
$215,000
Sold Price
$199,000
Premium/Discount to List
-$16,000
-7.44%
Total Days on Market
131
Current Estimated Value
$369,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,213
Avg. Annual Appreciation
6.46%
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
Carr Leo $199,000 Greco Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nemeh John S $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2015 12/18/15 Sold $199,000 -7.4% $121 / Sq Ft
12/06/2015 12/06/15 Pending -- -- --
11/16/2015 11/16/15 For Sale $215,000 0.0% $131 / Sq Ft
10/13/2015 10/13/15 Pending -- -- --
07/28/2015 07/28/15 For Sale $215,000 -- $131 / 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 $2,741 $136,700 $0 $0
2023 $2,511 $126,700 $0 $0
2022 $2,511 $116,400 $0 $0
2021 $4,609 $106,600 $0 $0
2019 $4,532 $93,300 $0 $0
2018 $2,319 $90,100 $0 $0
2017 $4,024 $87,700 $0 $0
2016 $4,218 $86,100 $0 $0
2015 $6,194 $68,300 $0 $0
2013 $6,000 $60,000 $0 $0
2012 $1,989 $74,800 $20,200 $54,600
Source: Public Records

Agents Affiliated with this Home

  • Jeanne Coyle

    Seller's Agent in 2015

    Jeanne Coyle

    Johnstone & Johnstone

    Section Image
  • M. Loraine Muccioli

    Buyer's Agent in 2015

    M. Loraine Muccioli

    Johnstone & Johnstone

    Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 31255074

Michigan Multiple Listing Service

APN: 38-009-01-0273-000

Michigan Wayne County Grosse Pointe Farms 48236

425 Lothrop Rd, Grosse Pointe Farms, MI

This home is located at 425 Lothrop Rd, Grosse Pointe Farms, MI 48236 since 28 July 2015 and is currently estimated at $369,213, approximately $224 per square foot. This property was built in 1939. 425 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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