19 days on rocket

161 Lothrop Rd, Grosse Pointe Farms, MI, 48236

$1,650,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 2 Partial
7,000 SqFt
$236/SqFt
House

Location

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161 Lothrop Rd, Grosse Pointe Farms$1,650,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built2005
HeatingNatural Gas, Forced Air
BasementYes
FireplaceDinRoom Fireplace, FamRoom Fireplace, LivRoom Fireplace
MLS #50160130
Lot Size0.55 Acres
StatusActive

About 161 Lothrop Rd

Gracious home built in 2005 by Blake Building Co. High quality details and building materials throughout. A wonderful home for entertaining large groups. Grand, 2 story Entry Foyer. 2 large First Floor Bedroom suites with vaulted ceilings. Family Room off Kitchen plus beautiful Library. Spacious room sizes throughout. Second floor has an apartment with 2 bedrooms, 1 bath, living area, kitchen and laundry, offering a versatile living arrangement. Full basement with large Recreation Room and abundant storage. Beautiful, formal gardens with large patio. 3 fireplaces. Security System. Oversized, attached 2 car garage. Please see Virtual Tour.

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Stories: 1
  • Living Area: 7,000 SqFt

Listing Office:

  • Office Name: Real Estate One Grosse Pointe
  • Office Phone: (313) 886-1000
  • Listing Agent: Thomas Griffith

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: 9 ft + Ceilings, Security System
  • Fireplace: DinRoom Fireplace, FamRoom Fireplace, LivRoom Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Patio

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.55 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

School Info

School District Information:

  • School District: Grosse Pointe Public Schools

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,650,000
  • Price Per SqFt: $236/SqFt

Tax Information:

  • Annual Amount: $20,884
  • 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

$549.5K

Med. Price/SqFt

$247

Avg. Days On Market

20

# of Sold Homes

16

161 Lothrop Rd vs Grosse Pointe Farms

19 DAYS ON ROCKET

-1 Day

$1,650,000

+$1.1M More

$236/SqFt

-$11 Less

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $11/SqFt less than other homes in Grosse Pointe Farms, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MiRealSource
  • MLS Number: #50160130

Listing Office:

  • Office Name: Real Estate One Grosse Pointe
  • Office Phone: (313) 886-1000
  • Listing Agent: Thomas Griffith

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$20,884$596,300
2020$20,048$574,000
2018$20,048$503,600
2017$19,504$482,600

History based on county public records data.

Payment Calculator

$8,303

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,013

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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.

Nearby Schools

school-card-donut-1109020
4
/10

  • John Monteith Elementary School

  • 1275 Cook Rd

  • 1.67 miles

  • Public District Grades KG-5

school-card-donut-1109021
1
/10

  • Tyrone Elementary School

  • 19525 Tyrone St

  • 2.23 miles

  • Public Magnet Grades 4-6

school-card-donut-1109022
1
/10

  • Distinctive College Preparatory

  • 19360 Harper Ave

  • 2.26 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $147,596. Typical income of Grosse Pointe Farms, MI residents is $200k+ annually. The most common type of family is married, no kids. 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 161 Lothrop Rd

What is the listing price of this property?

The listing price of 161 Lothrop Rd property is $1,650,000.

What type of property is this?

The property 161 Lothrop Rd is a house located in Grosse Pointe Farms, Michigan, 48236.

Is this property for sale now?

Active Listing: 161 Lothrop Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $20,884 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 161 Lothrop Rd has 5 bedrooms and 4 full and 2 half bathrooms.

What is the square footage of this property?

The property 161 Lothrop Rd is 7,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 161 Lothrop Rd is 2005.

Rocket Homes›Michigan›Wayne County›Grosse Pointe Farms›48236›161 Lothrop Rd

This home is located at 161 Lothrop Rd in Grosse Pointe Farms, MI and zip code 48236. This 7,000 square foot home, which was built in 2005, sits on a 0.55 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 04, 2024 and is currently priced at $1,650,000.

In October 2024 more than 6 listings in Grosse Pointe Farms, MI were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 8 were sold below. The number of homes for sale in Grosse Pointe Farms, MI increased by 14.3% between September 2024 and October 2024. In October 2024, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $549,500.

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

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