NOT LISTED FOR SALE

436 Lothrop Rd Grosse Pointe Farms, MI 48236

Estimated Value: $382,000 - $437,000

3 Beds
3 Baths
1,488 Sq Ft
$267/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $345,000 $232 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,566/month

20 Days on Market

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • 2 Car Detached Garage
  • Kerby Elementary School Rated A
  • No HOA
  • Porch

About This Home

As of July 2021

THIS IS THE ONE! DON'T MISS OUT ON THIS BEAUTIFULLY UPDATED, 3 BEDROOM COLONIAL IN SOUGHT-AFTER GROSSE POINTE FARMS MANOR SUB. UPDATED INTERIOR COMBINES VINTAGE CHARM WITH MODERN AMENITIES. FLOOR PLAN IS IDEAL WITH A WONDERFUL FLOW FROM LIVING ROOM TO DINING ROOM AND FAMILY ROOM-GREAT FOR ENTERTAINING OR EVERYDAY LIVING! FEATURES INCLUDE: BEAUTIFUL HARDWOODS IN MOST ROOMS ON BOTH LEVELS; LARGE WINDOWS THROUGHOUT; FORMAL DINING ROOM; SPACIOUS LIVING ROOM WITH NATURAL FIREPLACE; ROUNDED DOORWAYS AND COVED CEILINGS; COZY FAMILY ROOM WITH ACCESS TO PATIO; UPDATED KITCHEN WITH BUILT-IN GAS RANGE; STAINLESS STEEL APPLIANCES; PARTIALLY FINISHED BASEMENT WITH AMPLE STORAGE SPACE; AND GREAT CURB APPEAL WITH FENCED IN YARD. IF YOU ARE LOOKING FOR A WELL MAINTAINED, MOVE-IN READY HOME-THIS IS A MUST SEE!

Last Agent to Sell the Property

Sarah Massaro

Shain Park, REALTORS® License #6501377869 Listed on: 06/10/2021

Last Buyer's Agent

Jimmy Saros

Jim Saros Real Estate Services License #6501398798

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00x105.00
  • Fenced

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,488 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Partially Finished Basement

Kitchen

  • Built-In Gas Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Grosse Pointe Farms Manor Sub No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38009010276000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,702

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1940
  • State Equalized Value: 129800.0000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 14
  • Total Bedrooms: 3
  • Total Bathrooms: 1.20
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Built-In Gas Range, Dishwasher, Disposal, Dryer, Exhaust Fan, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 1719
  • Sq Ft Lower Floor: 231
  • Total Sq Ft: 1488
  • Sq Ft Total Bsmt: 850

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Construction Features: Platted Sub.
  • Exclusions: Yes
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Electricity, Door Opener, Side Entrance, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal), Water at Street

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Grosse Pointe

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00X105.00
  • Parcel Number: 38009010276000

Tax Info

  • Tax Amount Summer: 3359.0000
  • Tax Amount Winter: 3343.0000
  • Total Tax: 6702.0000

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jul 30, 2021
Sold by
Burleson Kyle T and Crocetto Vanessa M
Bought by
Marchese Charles B
Seller's Agent
Sarah Massaro
Shain Park, REALTORS®
Buyer's Agent
Jimmy Saros
Jim Saros Real Estate Services
List Price
$345,000
Sold Price
$345,000
Current Estimated Value
$397,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,357
Avg. Annual Appreciation
3.31%
Original Mortgage
$276,000
Outstanding Balance
$254,401
Interest Rate
2.8%
Estimated Equity
$137,208

Purchase Details

Closed on
Jan 15, 2021
Sold by
Burleson Kyle T
Bought by
Burleson Kyle T and Crocetto Vanessa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,200
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 16, 2017
Closed on
Jan 16, 2018
Sold by
Spudowski Michael A
Bought by
Burleson Kyle T
Seller's Agent
Ann Chapelle
Sine & Monaghan LLC
Buyer's Agent
Cindy Ireland
Sine & Monaghan LLC
List Price
$269,000
Sold Price
$262,000
Premium/Discount to List
-$7,000
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$209,600
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2001
Sold by
Collins Andrea M
Bought by
Spudowski Michael A

Purchase Details

Closed on
Jul 22, 1994
Sold by
Punch Edward F
Bought by
Edward F Punch

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
8.41%
Mortgage Type
New Conventional
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
Marchese Charles B $345,000 None Available
Burleson Kyle T -- None Available
Burleson Kyle T $262,000 Ata National Title Group Llc
Spudowski Michael A $287,500 --
Edward F Punch $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marchese Charles B $276,000
Closed Marchese Charles B $276,000
Previous Owner Burleson Kyle T $204,200
Previous Owner Burleson Kyle T $209,600
Previous Owner Edward F Punch $119,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $345,000 0.0% $232 / Sq Ft
06/10/2021 06/10/21 For Sale $345,000 +31.7% $232 / Sq Ft
01/16/2018 01/16/18 Sold $262,000 -2.6% $175 / Sq Ft
11/30/2017 11/30/17 Pending -- -- --
11/16/2017 11/16/17 For Sale $269,000 -- $179 / 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
2024 $4,233 $172,500 $0 $0
2023 $4,033 $158,900 $0 $0
2022 $7,533 $145,700 $0 $0
2021 $6,397 $132,600 $0 $0
2019 $6,290 $122,700 $0 $0
2018 $2,461 $114,100 $0 $0
2017 $4,270 $110,900 $0 $0
2016 $4,477 $108,800 $0 $0
2015 $8,867 $97,800 $0 $0
2013 $8,590 $85,900 $0 $0
2012 $2,285 $85,900 $21,000 $64,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Sarah Massaro

    Shain Park, REALTORS®

    (248) 379-2238

    1 in this area

    9 Total Sales

    Section Image
  • Jimmy Saros

    Buyer's Agent in 2021

    Jimmy Saros

    Jim Saros Real Estate Services

    (313) 729-7857

    28 in this area

    251 Total Sales

    Jimmy Saros
    Section Image
  • Ann Chapelle

    Seller's Agent in 2018

    Ann Chapelle

    Sine & Monaghan LLC

    Section Image
  • Cindy Ireland

    Buyer's Agent in 2018

    Cindy Ireland

    Sine & Monaghan LLC

    4 in this area

    34 Total Sales

    Cindy Ireland
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2210044522

Realcomp

APN: 38-009-01-0276-000

Michigan Wayne County Grosse Pointe Farms 48236

436 Lothrop Rd, Grosse Pointe Farms, MI

This home is located at 436 Lothrop Rd, Grosse Pointe Farms, MI 48236 since 10 June 2021 and is currently estimated at $397,357, approximately $267 per square foot. This property was built in 1940. 436 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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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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