2431 Lothrop Street

$774,300
Price
4
Beds
2,581 Sq. Ft.
$300 / Sq. Ft.
2,581
Sq. Ft.
$300
per Sq. Ft.

Description

Better Than New Construction 'The Gem of Detroit' is newly built from its original construction, rebuilt from the brick inward using the developer's most unique, architecturally distinctive blueprints—fully approved and certified by the City of Detroit. This home features all-new redesign framing throughout, reinforced steel beams, that supports the newly built third level. Completed with new electrical wiring, plumbing systems, and dual 90% high efficiency furnace system. The Gem of Detroit has...Better Than New Construction 'The Gem of Detroit' is newly built from its original construction, rebuilt from the brick inward using the developer's most unique, architecturally distinctive blueprints—fully approved and certified by the City of Detroit. This home features all-new redesign framing throughout, reinforced steel beams, that supports the newly built third level. Completed with new electrical wiring, plumbing systems, and dual 90% high efficiency furnace system. The Gem of Detroit has delivered cutting-edge design, structural integrity, and modern efficiency. Welcome to a fully reimagined 4-bedroom, 3.5-bath residence where no expense was spared. Enjoy the imported Brazilian flooring, custom cabinetry, and designer lighting, fixtures, faucets, and sinks throughout. The chef's kitchen features 36 in premium appliances and sleek finishes, perfect for entertaining. This home offers unmatched durability and contemporary elegance. There are additional Upgrades! A Must See!
  1. Listed by Michael Lindsay • Michael Group Realty LLC
    P: (248)-346-6322 C: (248)-346-6322 mike@mikelindsaygroup.com

Property Details for 2431 Lothrop Street

Zoning
Residential
ZoningDescription
Residential
Architectural Style
Contemporary
LISTING UPDATED: 01/12/2026 02:36 AM

Property Details for 2431 Lothrop Street

StatusActive
MLS #25061038
Days on Market38
Taxes$1,591 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1919
Lot Size0.10 AC / 4,356 SF
CountyWayne County

Location

Listing Courtesy of Michael Group Realty LLC
Add your commute

Building Information for 2431 Lothrop Street

Stories3Year Built1919Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$3,906 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,774

Property Taxes

$133

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2431 Lothrop Street

Summary
Location and General Information
  • Cross Streets: LaSalle & Linwood
  • Municipality: Detroit City
  • Area - Major: Wayne County - 100
  • Street #: 2431
  • Street Name: Lothrop
  • Suffix: Street
  • City: Detroit
  • State: MI
  • Zip Code: 48206
  • County: Wayne
  • Latitude: 42.362214
  • Longitude: -83.098485
  • Area - Minor: Wayne County - 100
Taxes and HOA
  • Taxable Value: 18072.0
  • Approx. Assoc Fee: $0
  • Tax ID #: 10001097.
Parking
  • Parking Features: Detached
  • Garage Y/N: No
  • Attached Garage: No
  • Driveway: Concrete
Virtual Tour
  • Total Virtual Tours Count: 0
  • Total Open Houses Count: 0
Property
Lot Information
  • SqFt Source: Public Records
  • Lot Dimensions: 55 X 75
  • Basement Finished SQFT: 880.0
  • Total Fin SqFt All Levels: 2581.0
  • SqFt Above Grade: 2581.0
  • Lot Measurement: Acres
  • Lot Acres: 0.1
  • Lot Square Footage: 4356.0
  • Lot Size Area: 0.1
Property and Assessments
  • Tax Year: 2025
  • Road Surface Type: Paved
  • Legal: S LOTHROP W 55 FT 23 W 55 FT OF N 30 FT 22 LA SALLE GARDENS SUB L25 P100 PLATS, W C R 10/66 55 X 75
  • Property Sub-Type: Single Family Residence
  • New Construction: No
  • Total Floor Plans Count: 0
  • Property Type: Residential,Single Family Residence
  • Year Built: 1919
  • Video Groups: 0
  • Mineral Rights: Unknown
Utilities
  • Sewer: Public Sewer, Public
  • Water Source: Public
  • Water: Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Stories: 3
  • Construction Materials: Block
  • Street Type: Paved, Public
  • Exterior Material: Block
  • Roofing: Shingle
  • Substructure: Michigan Basement
Interior Features
  • Heating: Forced Air
  • Laundry Features: Laundry Room
  • Fireplace: Yes
  • Room Total: 11
  • Main Bedrooms: 0
  • Fireplaces Total: 2
  • Basement: Yes
  • Total Baths: 4.0
  • Room Types: Bathroom 1
  • Bathrooms Total (Integer): 4
  • Bathrooms Total (Decimal): 3.5
  • Bathrooms Total (Notational): 3.1
  • Heating: Yes
  • Heat Source: Natural Gas
  • Heat Type: Forced Air
Room Information
Room 1
  • Room Type: Bathroom 1
  • Room Level: Main
  • Room Length: 11.0
  • Room Width: 7.0
Rental
Rental Information
  • Terms Available: Cash, Conventional, FHA, VA Loan

Property History for 2431 Lothrop Street

DateEvent & SourcePriceAppreciation
Dec 7, 2025

Listed (Active)

Michigan Regional Information Center #25061038

$774,300—
Oct 4, 2021

Sold (Public Record)

Public Record #1475968005

$30,000—
DateEvent & SourcePrice
12/07/2025

Listed (Active)

Michigan Regional Information Center #25061038

$774,300
10/04/2021

Sold (Public Record)

Public Record #1475968005

$30,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2431 Lothrop Street

Taxable ValueLand-Additions-Total-
Tax Record2020$555 ($46 / month)
Home Facts
Beds0Baths1.5Total Finished SqFt1,632 SqFtAbove Grade Finished SqFt1,632 SqFtUnfinished Basement SqFt900 SqFtStories2Lot Size4,356 SqFtStyleSingle Family ResidenceYear Built1919ZoningR1CountyWAYNEAPN10001097.Fireplace TypeHas Fireplace

Schools near 2431 Lothrop Street

This home is within Detroit Public Schools Community District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - PK to 8
Public - PK to 8
Rating
School
Distance
Spain Elementary-Middle School
PublicPK to 8

Bates Academy
PublicPK to 8

Thirkell Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

2431 Lothrop Street is a single family home for sale in Detroit, MI 48206. This property was listed for sale on December 7, 2025 by Michael Group Realty LLC, it's currently listed at $774,300. It has been on the market for a total of 38 days and was last sold on October 4, 2021. This listing's school district is Detroit Public Schools Community District. Nearby schools include Spain Elementary-Middle School, Bates Academy and Foreign Language Immersion And Cultural Studies. 2431 Lothrop Street is a 4-bed, 4-bath, 2,581 sqft single family home built in 1919.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Michael Group Realty LLC

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