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$343,900

Beds
3
Baths
2.0
sq ft
2,050

420 Lothrop Rd, Grosse Pointe Farms, MI 48236

420 Lothrop Rd

Grosse Pointe Farms, MI 48236

  • 8 days on market
    • Price drop $16,000↓
PRICE REDUCED! TURN KEY OPPORTUNITY! Great location! Recent 2023 updates include: Upgraded electrical panel, electric vehicle charger connection in driveway and generator hook up at back of the house installed by Master Electrician, new gutters with gutter guards and interior repainted. Updated kitchen includes quartz countertops and newer high end appliances. Hardwood floors throughout, cove ceilings and gas fireplace. Two 1st floor bedrooms & pristine full bath make first floor living easy. A separate large bedroom and closet area upstairs. The basement includes a beautiful full bath, wet bar & recreation area. Basement also offers a separate laundry room with top of the line newer washer and dryer. House has plenty of storage available! 2 car garage with newer door and electric opener. Covered front porch, brick walkway and brick patio. Fully fenced yard. The back and front yards have amazing low maintenance landscaping. C of O COMPLETE. Taxes are non homesteaded at this point. DO NOT MISS THIS ONE! MOVE RIGHT IN!

Details

Property type

Single Family Residence

Est. home value

$315,451

Lot size

3,920 sq ft

Price per sq ft

$168

Year built

1949

Annual property taxes

$7,495.93

Price History

03/02/2025
MiRealSource

MiRealSource #50167319

Price change
$343,900
-4.45%
02/25/2025
MiRealSource

MiRealSource #50167319

Listed
$359,900
+12.47%
07/24/2023
Realcomp

Realcomp #58050112774

Sold
$320,000
+48.84%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Grosse Pointe Public Schools

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Navy Fcu

Loan start date

July 2023

Original loan amount

$304,000

Est. remaining balance

Not provided

Interest rate

6.62%

Loan type

New Conventional, 30 year

Seller

Christopher E Haave and Rhea A Nicholas

Lender

Navy Fcu

Loan start date

July 2023

Original loan amount

$304,000

Est. remaining balance

Not provided

Interest rate

6.62%

Loan type

New Conventional, 30 year

Seller

Christopher E Haave and Rhea A Nicholas

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 03/06/2025 at 3:00 PM

Listing updated: 03/04/2025 at 11:52 AM

Listed by: Marianne Courey, Anchor Real Estate of MI LLC Phone #: (586) 601-5676

MLS: MiRealSource #50167319

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