NOT LISTED FOR SALE

86 Lothrop Rd Grosse Pointe Farms, MI 48236

Estimated Value: $1,468,000 - $2,112,024

8 Beds
6 Baths
8,542 Sq Ft
$204/Sq Ft Est. Value

Last Sold May 13, 2019

Last sale price $1,034,550 $121 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $11,228/month

247 Days on Market

Highlights

  • Second Garage
  • 0.76 Acre Lot
  • Maid or Guest Quarters
  • Kerby Elementary School Rated A
  • Colonial Architecture
  • Wood Flooring

About This Home

As of May 2019

Beautifully built and maintained Grosse Pointe Farms Estate in prime location on an over 3/4 acre lot. A wonderful home for raising a large family or entertaining large groups. This home features a modern, updated kitchen with large butlers pantry. Outstanding Sun Room addition opens to huge, private backyard with patio and lush, formal gardens. Second floor has a master suite plus five main bedrooms and a two room servants quarters. Other features include a working elevator, basement recreation room, 4 car garage, whole house generator, all copper plumbing, 4 NFP's, abundant closet / storage space and more.

Last Listed By

Tom Griffith

Real Estate One Grosse Pointe License #MISPE-6506019818 Listed on: 08/01/2018

Real Estate One Grosse Pointe

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 0.76 Acre Lot
  • Lot Dimensions are 140 x 237

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Elevator
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Wood Flooring
  • Home Security System
  • Finished Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Maid or Guest Quarters
  • 6 Full Bathrooms

Parking

  • 4 Car Attached Garage
  • Second Garage
  • Heated Garage

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • Lothrop Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38-011-01-0015-000

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type: 1 to 4 Units
  • Type Of Property: Single Family
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Year Built: 1949
  • Mail City: Grosse Pointe Farms
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: 9 ft + Ceilings, Elevator/Lift, Hardwood Floors, Security System, Wet Bar/Bar
  • Basement: Yes
  • Basement: Finished
  • Bedrooms: 8
  • Bedroom 1: On 2nd Floor, Dimensions: 20 x 16
  • Bedroom 2: On 2nd Floor, Dimensions: 18 x 13
  • Bedroom 3: On 2nd Floor, Dimensions: 16 x 13
  • Bedroom 4: On 2nd Floor, Dimensions: 14 x 14
  • Bedroom 5: On 2nd Floor, Dimensions: 16 x 12
  • Bedroom 6: On 2nd Floor, Dimensions: 17 x 16
  • Full Bathrooms: 6
  • Total Bathrooms: 9
  • Room Types: Maids Room/Quarter
  • Breakfast Nook: On 1st Floor, Dimensions: 12 x 12
  • Dining Room: On 1st Floor, Dimensions: 19 x 16
  • Family Room: On 1st Floor, Dimensions: 20 x 16
  • Kitchen: On 1st Floor, Dimensions: 16 x 13
  • Library Den: On 1st Floor, Dimensions: 17 x 14
  • Living Room: On 1st Floor, Dimensions: 27 x 17
  • Sun Room: On 1st Floor, Dimensions: 27 x 18
  • Below Grade Sq Ft: 2885
  • Finished Below Grade Sq Ft: 1400
  • Half Bathrooms: 3
  • Above Grade Finished Sq Ft: 7142
  • Total Finished Sq Ft: 8542

Exterior Features

  • Exterior: Brick
  • Exterior Features: Patio
  • Foundation: Basement
  • Frontage: 140

Garage/Parking

  • Garage: Additional Garage(s), Attached Garage, Heated Garage
  • Garage Spaces: 4
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Sewer: Public At Street
  • Water: Public Water
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 38-011-01-0015-000
  • Zoning: Residential
  • Lot Dimensions: 140 x 237
  • Acreage: 0.76
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2018, Amount: $16,605.00
  • Winter Tax: Year: 2017, Amount: $14,405.00
  • Total Tax: Amount: $31,010.00

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
May 13, 2019
Sold by
Wallace D Riley Revocable Trust
Bought by
Soheim Ashraf and Soheim Amira
Seller's Agent
Tom Griffith
Real Estate One Grosse Pointe
Buyer's Agent
Julie Ahee
Sine & Monaghan Realtors Real Living LLC GPF
List Price
$1,295,000
Sold Price
$1,034,550
Premium/Discount to List
-$260,450
-20.11%
Total Days on Market
247
Current Estimated Value
$1,739,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$704,706

Purchase Details

Closed on
Oct 18, 2016
Sold by
Riley Wallace D and Riley Dorothy Somstock
Bought by
The Wallace D Riely Revocable Trust

Range of Values:

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Average Value
Not Available
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
Soheim Ashraf $1,034,550 Ata National Title Group Llc
The Wallace D Riely Revocable Trust -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2019 05/13/19 Sold $1,034,550 -8.0% $121 / Sq Ft
04/05/2019 04/05/19 Pending -- -- --
03/13/2019 03/13/19 Price Changed $1,125,000 -13.1% $132 / Sq Ft
08/01/2018 08/01/18 For Sale $1,295,000 -- $152 / 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 $19,021 $783,800 $0 $0
2023 $17,426 $744,100 $0 $0
2022 $17,426 $678,700 $0 $0
2021 $31,976 $663,700 $0 $0
2019 $32,447 $683,800 $0 $0
2018 $16,605 $681,800 $0 $0
2017 $28,811 $666,600 $0 $0
2016 $30,202 $628,200 $0 $0
2015 $61,946 $673,500 $0 $0
2013 $60,010 $600,100 $0 $0
2012 $15,646 $588,300 $128,500 $459,800
Source: Public Records

Agents Affiliated with this Home

  • Tom Griffith

    Seller's Agent in 2019

    Tom Griffith

    Real Estate One Grosse Pointe

    (313) 910-6658

    16 in this area

    44 Total Sales

    Tom Griffith
    Section Image

  • J

    Buyer's Agent in 2019

    Julie Ahee

    Sine & Monaghan Realtors Real Living LLC GPF

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31355561

Michigan Multiple Listing Service

APN: 38-011-01-0015-000

Michigan Wayne County Grosse Pointe Farms 48236

86 Lothrop Rd, Grosse Pointe Farms, MI

Homes for Sale in Grosse Pointe Farms, MI

This home is located at 86 Lothrop Rd, Grosse Pointe Farms, MI 48236 since 01 August 2018 and is currently estimated at $1,739,256, approximately $203 per square foot. This property was built in 1949. 86 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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