NOT LISTED FOR SALE

8195 New Lothrop Rd New Lothrop, MI 48460

Estimated Value: $183,000 - $206,000

3 Beds
1.5 Baths
1,920 Sq Ft
$102/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $181,101 $94 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,255/month

56 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of July 2024

Hidden gem in the New Lothrop school district, 3 bedroom brick ranch with numerous updates, large living room with fireplace, dining area off kitchen, lower level family room with fireplace waiting for some finishing touches, rear patio, nice home on an acre lot

Last Agent to Sell the Property

Mike Selleck

RICHARD SELLECK AGENCY License #SAOR-650210427 Listed on: 06/04/2024

Last Buyer's Agent

Nathan Gross

Real Estate For A CAUSE License #6501395770

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1971

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 180' x 252'

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • Family Room with Fireplace
  • Living Room with Fireplace
  • Partially Finished Basement
  • Sump Pump

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 004-74-035-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,417

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Originating MLS: Greater Shiawassee Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 2417
  • Total Tax Year: 2023
  • Year Built: 1971
  • Mail City: New Lothrop
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace, LivRoom Fireplace
  • Basement: Yes
  • Basement: Partially Finished, Poured, Sump Pump
  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 16 x 14
  • Bedroom 2: On Main Floor, Dimensions: 12 x 12
  • Bedroom 3: On Main Floor, Dimensions: 15 x 13
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Main
  • Dining Room: On Main Floor, Dimensions: 18 x 9
  • Family Room: On Lower Floor, Dimensions: 16 x 24
  • Kitchen: On Main Floor, Dimensions: 16 x 14
  • Living Room: On Main Floor, Dimensions: 18 x 14
  • Below Grade Sq Ft: 1320
  • Finished Below Grade Sq Ft: 600
  • Above Grade Finished Sq Ft: 1320
  • Total Finished Sq Ft: 1920
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Brick
  • Foundation: Basement
  • Frontage: 180
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 004-74-035-000
  • Lot Dimensions: 180' x 252'
  • Acreage: 1
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $720.00
  • Winter Tax: Year: 2023, Amount: $1,697.00
  • Total Tax: Year: 2023, Amount: $2,417.00

MLS Schools

  • School District: New Lothrop Area Public School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2024
Closed on
Jul 30, 2024
Sold by
Spencer Alicia Rae
Bought by
Wolford Logan
Seller's Agent
Mike Selleck
RICHARD SELLECK AGENCY
Buyer's Agent
Nathan Gross
Real Estate For A CAUSE
List Price
$180,000
Sold Price
$181,101
Premium/Discount to List
$1,101
0.61%
Views
6
Current Estimated Value
$196,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,583
Avg. Annual Appreciation
5.47%
Original Mortgage
$10,000
Outstanding Balance
$9,914
Interest Rate
6.87%
Estimated Equity
$182,619

Purchase Details

Listed on
Mar 22, 2016
Closed on
Nov 22, 2016
Sold by
Machala Michael R Atty and Machala Richard C
Bought by
Spencer Alicia Rae
Seller's Agent
Mark Merrill
NextHome Inspire
List Price
$124,900
Sold Price
$112,000
Premium/Discount to List
-$12,900
-10.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$109,940
Interest Rate
3.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Wolford Logan $181,101 Ata National Title Group
Spencer Alicia Rae $112,000 Sargents Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolford Logan $10,000
Open Wolford Logan $175,660
Closed Wolford Logan $10,000
Closed Wolford Logan $175,660
Previous Owner Strappazon Aucia Rae $150,000
Previous Owner Spencer Alicia Rae $109,940
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $181,101 +0.6% $94 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
06/04/2024 06/04/24 For Sale $180,000 +60.7% $94 / Sq Ft
11/22/2016 11/22/16 Sold $112,000 -6.6% $90 / Sq Ft
04/13/2016 04/13/16 Price Changed $119,900 -4.0% $96 / Sq Ft
03/22/2016 03/22/16 For Sale $124,900 -- $100 / 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 $2,592 $92,400 $0 $0
2024 $2,417 $85,000 $0 $0
2023 $720 $79,700 $0 $0
2022 $1,347 $72,000 $0 $0
2021 $2,843 $67,200 $0 $0
2020 $2,812 $61,600 $0 $0
2019 $2,754 $59,300 $0 $0
2018 $2,554 $53,300 $0 $0
2017 $2,414 $40,500 $0 $0
2016 -- $40,500 $0 $0
2015 -- $41,100 $0 $0
2014 $6 $39,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Selleck

    Seller's Agent in 2024

    Mike Selleck

    RICHARD SELLECK AGENCY

    (989) 725-2188

    149 Total Sales

    Mike Selleck
    Section Image
  • Nathan Gross

    Buyer's Agent in 2024

    Nathan Gross

    Real Estate For A CAUSE

    (810) 730-0104

    245 Total Sales

    Nathan Gross
    Section Image

  • M

    Seller's Agent in 2016

    Mark Merrill

    NextHome Inspire

    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50144349

Michigan Multiple Listing Service

APN: 004-74-035-000

Michigan Shiawassee County New Lothrop 48460

8195 New Lothrop Rd, New Lothrop, MI

This home is located at 8195 New Lothrop Rd, New Lothrop, MI 48460 since 04 June 2024 and is currently estimated at $196,684, approximately $102 per square foot. This property was built in 1971. 8195 New Lothrop Rd is a home located in Shiawassee County with nearby schools including New Lothrop Elementary School and New Lothrop 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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