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Backup Offers

414 Lothrop Rd, Grosse Pointe Farms, MI, 48236

$332,000

Home List Price

$3,943*

Closing Credit

3 Bedrooms
2 Full Baths
1,370 SqFt
$242/SqFt
House
Schools Nearby

Location

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414 Lothrop Rd, Grosse Pointe Farms$332,000

Buyer Closing Credits

$3,943*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1951
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
FireplaceGas, Natural, Basement, Living Room
MLS #20240023531
Lot Size0.10 Acres
StatusAccepting Backup Offers

About 414 Lothrop Rd

Welcome to 414 Lothrop! Nestled in the beloved Grosse Pointe Farms neighborhood, walking distance from Brownell Middle School, Kerby Elementary School, and a dog park, this bungalow exudes timeless charm. Built in 1951, this lovingly maintained house boasts its authentic funky charm with the original hardwood floors and coved ceilings. Step inside and be greeted by a working gas fireplace in the spacious living room. Conveniently located nearby are two generous sized bedrooms, a dining room, and a full bathroom. The second floor features a generously sized full bathroom complete with double sinks. Also upstairs, you will find an additional large closet. The huge basement is great for entertaining with a wood burning fireplace and has a good deal of extra storage. Embrace the well planted mature garden from the comfort of your charming three seasons room complete with baseboard heating. This highly sought after location includes access to the resident-only waterfront, Pier Park…featuring both pickleball and tennis courts, pool, splash pad, beach and more!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1951
  • Stories: 1
  • Living Area: 1,370 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty-GPF
  • Office Phone: (313) 886-4200
  • Listing Agent: Catherine Harber

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: Gas, Natural, Basement, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Grosse Pointe South High School, Public District Grades 9-12
  • Brownell Middle School, Public District Grades 6-8
  • Kerby Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: 94 to Moross to Chalfonte to Lothrop

Price Information

Listing Price Info

Price Summary:

  • List Price: $332,000
  • Price Per SqFt: $242/SqFt

Tax Information:

  • Annual Amount: $5,724
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Grosse Pointe Farms, MI.

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Grosse Pointe Farms, MI

City

Med. Sold Price

$460K

Med. Price/SqFt

$235

Avg. Days On Market

45

# of Sold Homes

6

414 Lothrop Rd vs Grosse Pointe Farms

16 DAYS ON ROCKET

-29 Days

$332,000

-$128K Less

$242/SqFt

+$6 More

KEY TAKEAWAY

This property is $128K less than the Median Sold Price and $6/SqFt more than other homes in Grosse Pointe Farms, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240023531

Listing Office:

  • Office Name: Coldwell Banker Realty-GPF
  • Office Phone: (313) 886-4200
  • Listing Agent: Catherine Harber

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 3:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 06, 2020Home Sold
$280,000
Apr 08, 2016Home Sold
$152,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,724$120,800
2020$5,494$123,000
2018$5,494$109,900
2017$5,346$106,800

History based on county public records data.

Payment Calculator

$1,724

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,062

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3183012
8
/10

  • Kerby Elementary School

  • 285 Kerby Rd

  • 0.48 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3183013
7
/10

  • Brownell Middle School

  • 260 Chalfonte Ave

  • 0.19 miles

  • Public District Grades 6-8

High School

school-card-donut-3183014
8
/10

  • Grosse Pointe South High School

  • 11 Grosse Pointe Blvd

  • 1.19 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $117,882. Most Grosse Pointe Farms, MI residents have annual incomes between $100k-200k. Residents typically live in married, with kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 414 Lothrop Rd

What is the listing price of this property?

The listing price of 414 Lothrop Rd property is $332,000.

What type of property is this?

The property 414 Lothrop Rd is a house located in Grosse Pointe Farms, Michigan, 48236.

Is this property for sale now?

Accepting Backup Offers: 414 Lothrop Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 414 Lothrop Rd are:
Kerby Elementary School: GreatSchools Rating 8/10
Brownell Middle School: GreatSchools Rating 7/10
Grosse Pointe South High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,724 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 6, 2020 for $280,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 414 Lothrop Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 414 Lothrop Rd is 1,370 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 414 Lothrop Rd is 1951.

Rocket Homes›Michigan›Wayne County›Grosse Pointe Farms›48236›414 Lothrop Rd

This home is located at 414 Lothrop Rd in Grosse Pointe Farms, MI and zip code 48236. This 1,370 square foot home, which was built in 1951, sits on a 0.10 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 13, 2024 and is currently priced at $332,000.

Grosse Pointe Farms, MI housing market in March 2024 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 4 sold below. In March 2024 in Grosse Pointe Farms, MI there were 35.3% more homes for sale than in February 2024. In March 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $460,000.

From Rocket Homes Real Estate and based on county public records data.

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