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For sale
$495,000
3beds
2,000sqft

407 Lothrop Rd, Grosse Pointe Farms, MI 48236

3beds
2,000sqft
Single family residence
Built in 1940
4,356 sqft
2 Garage spaces
$248 price/sqft

What's special

Fenced backyardOpen floor planQuiet tree-lined streetAbundant workspace and storageWall of closetsNewer windowsLarge sliding glass doors

***Open Sunday August 2nd, 2-4pm*** OPEN FLOOR PLAN. SIGNIFICANTLY EXPANDED AND UPDATED. QUIET GROSSE POINTE FARMS LOCATION. Thoughtfully renovated for today's lifestyle, this inviting home features an open-concept kitchen, dining, and family room that create the heart of the home. The updated kitchen offers abundant workspace and storage, including an expanded pantry, while large sliding glass doors fill the home with afternoon sunshine and open to the exposed aggregate patio and fenced backyard—perfect for relaxing, entertaining, gardening, and play. Just off the foyer, a first-floor office provides an ideal home office, while the living room with its classic fireplace offers a place to gather. Upstairs, the primary suite features ductless heating and cooling, a wall of closets, and a renovated bath with a ceramic radiant heated floor. The second bedroom includes multiple closets and a charming window seat, while the shared bath features a bathtub. A clean, dry basement offers excellent storage and future finished living space. The oversized two-and-one-half-car garage offers room for vehicles, hobbies, and storage. Additional updates include newer windows, appliances, furnace, and air conditioning for comfort and efficiency. Located on a quiet, tree-lined street within walking distance of Brownell Middle School, this home also includes access to beautiful lakeside Pier Park, with its impressive new aquatic center opening in 2027. Enjoy a walkable neighborhood with schools, churches, and shops nearby.

27 days
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2,962
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126
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Source: MiRealSource,MLS#: 50216602MLS LogoOriginating MLS: MiRealSource
Travel times

Living Room

Kitchen

Primary Bedroom

Family Room

Outdoor 1

Zillow last checked:

Listing updated:

Listed by:

Charles Krasner 313-574-4950,

Sine & Monaghan LLC 313-884-7000

Source: MiRealSource,MLS#: 50216602MLS LogoOriginating MLS: MiRealSource

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
Bedroom 1
  • Features: Wood
  • Level: Second
  • Area: 224
  • Dimensions: 16 x 14
Bedroom 2
  • Features: Wood
  • Level: Second
  • Area: 216
  • Dimensions: 18 x 12
Bedroom 3
  • Features: Wood
  • Level: Second
  • Area: 165
  • Dimensions: 15 x 11
Bathroom 1
  • Features: Ceramic
  • Level: Second
  • Area: 80
  • Dimensions: 10 x 8
Bathroom 2
  • Features: Ceramic
  • Level: Second
  • Area: 35
  • Dimensions: 7 x 5
Dining room
  • Features: Laminate
  • Level: Entry
  • Area: 112
  • Dimensions: 14 x 8
Family room
  • Features: Wood
  • Level: Entry
  • Area: 168
  • Dimensions: 14 x 12
Kitchen
  • Features: Laminate
  • Level: Entry
  • Area: 99
  • Dimensions: 11 x 9
Living room
  • Features: Wood
  • Level: Entry
  • Area: 168
  • Dimensions: 14 x 12
Office
  • Level: Entry
  • Area: 121
  • Dimensions: 11 x 11
Heating
  • Forced Air, Natural Gas
Cooling
  • Ceiling Fan(s), Central Air, Heat Pump
Appliances
  • Included: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Laundry: In Basement
Features
  • Flooring: Wood, Laminate, Concrete, Ceramic Tile
  • Basement: Crawl Space
  • Number of fireplaces: 1
  • Fireplace features: Gas, Living Room
Interior area
  • Total structure area: 3,014
  • Total interior livable area: 2,000 sqft
  • Finished area above ground: 2,000
  • Finished area below ground: 0
Video & virtual tour

Property

Parking
  • Total spaces: 2.5
  • Parking features: Detached, Electric in Garage, Garage Door Opener, Garage Faces Side
  • Garage spaces: 2.5
Features
  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio
  • Exterior features: Lawn Sprinkler
  • Has private pool: Yes
  • Pool features: Community
  • Spa features: Community
  • Fencing: Fenced
  • Waterfront features: All Sports Lake, Lake/River Access, Association Access, Beach Access
  • Frontage type: Road
  • Frontage length: 42
Lot
  • Size: 4,356 Square Feet
  • Dimensions: 42 x 105
Details
  • Parcel number: 38009030308000
  • Special conditions: Private

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subtype: Single Family Residence
Materials
  • Brick
  • Foundation: Basement
Condition
  • Year built: 1940

Utilities & green energy

  • Sewer: Public At Street
  • Water: Public Water at Street

Community & HOA

Community
  • Features: Beach Area
  • Subdivision: Grosse Pointe Farms Manor Sub 3
HOA
  • Has HOA: No
  • Amenities included: Marina, Golf Course, Park, Playground, Tennis Court(s), Wi-Fi Available
Location
  • Region: Grosse Pointe Farms

Financial & listing details

  • Price per square foot: $248/sqft
  • Tax assessed value: $162,500
  • Annual tax amount: $8,673
  • Date on market: 7/29/2026
  • Cumulative days on market: 56 days
  • Listing agreement: Exclusive Right To Sell
  • Listing terms: Cash,Conventional

Price history

DateEventPrice
7/29/2026Listed for sale$495,000-3.9%$248/sqft
Source: MiRealSource #50216602 Report a problem
7/29/2026Listing removed$515,000$258/sqft
Source: MiRealSource #50215285 Report a problem
7/17/2026Listed for sale$515,000$258/sqft
Source: MiRealSource #50215285 Report a problem
7/17/2026Listing removed$515,000$258/sqft
Source: MiRealSource #50213445 Report a problem
7/17/2026Price change$515,000-2.6%$258/sqft
Source: MiRealSource #50213445 Report a problem
7/2/2026Listed for sale$529,000+20.2%$265/sqft
Source: MiRealSource #50213445 Report a problem
6/28/2022Sold$440,000-1.1%$220/sqft
Source: MiRealSource #50075125 Report a problem
6/13/2022Pending sale$445,000$223/sqft
Source: MiRealSource #50075125 Report a problem
5/22/2022Listed for sale$445,000+206.9%$223/sqft
Source: MiRealSource #50075125 Report a problem
12/21/2012Sold$145,000$73/sqft
Source: MiRealSource #31120661 Report a problem

Public tax history

YearProperty taxesTax assessment
2025-- $162,500 +8%
2024-- $150,400 +8.7%
2023-- $138,300 +9.4%
2022-- $126,400 -3.3%
2021-- $130,700
2020$4,632 +7.1%$130,700 +8.6%
2019$4,326 $120,300 +7.2%
2018-- $112,200 +2.8%
2017-- $109,100 +1.9%
2016$2,440 $107,100 +25.4%
2015$2,440 -67.5%$85,400 +13.9%
2013$7,500 +207.4%$75,000 -18.3%
2012$2,440 $91,800 -6.2%
2010-- $97,900 -11.1%
2009-- $110,100 -13.2%
2008-- $126,900 -5.2%
2007-- $133,800 +4%
2005$1,922 $128,600 +166.8%
2003-- $48,200 +7.1%
2001$1,875 -39.3%$45,000 -41.3%
2000$3,089 $76,607

Find assessor info on the county website

Monthly payment

Est. payment
$3,268/mo
Principal & interest
$2513
Property taxes
$755
More affordability toolsChevron Right

Estimated market value

$482,400

$458,000 - $507,000

$3,255/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 48236

Nearby schools

Brownell Middle School
Grades 5-80.2 miles
8/10
GreatSchools® Rating
Test Score Rating
9/10
Student Progress Rating
6/10
Grosse Pointe South High School
Grades 9-121.2 miles
10/10
GreatSchools® Rating
College Readiness Rating
10/10
Student Progress Rating
10/10
Kerby Elementary School
Grades K-40.5 miles
9/10
GreatSchools® Rating
Test Score Rating
10/10
Student Progress Rating
6/10