NOT LISTED FOR SALE

1187 Nelson Ave Lapeer, MI 48446

Estimated Value: $222,000 - $247,864

3 Beds
1 Bath
1,600 Sq Ft
6,578 Sq Ft Lot Lot

Sale Details

Date Sold: August 17, 2018

Last sale price $126,000 $79 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,389 / mo

178 Days on Market

Highlights

  • Access To Lake
  • Corner Lot
  • Forced Air Heating System
  • Wood Flooring

About This Home

As of August 2018

Ready to move into and enjoy the spring and summer season. Don't wait. Enjoy the lake, tennis courts and baseball diamond. Great fishing too. Can be a year round home or used just as a Summer home.

Last Agent to Sell the Property

Chris Carlson

The Mallory Corporation License #FAAR-121976 Listed on: 01/20/2018

Last Buyer's Agent

Pat Zamarron

Northeastern Michigan Board of REALTORS® License #65012121976

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 6,578

HOA Fees

  • $63 Monthly HOA Fees

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Access To Lake
  • Seawall

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank

Community Details

  • Vasa Country Club Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00813000700

Property Details

Home Type

Condominium

Est. Annual Taxes

$934

Year Built

Built in 1940

Lot Details

6,578 Sq Ft Lot

HOA Fees

$63 per month

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Condominium
  • Structure Style: 2 Story
  • Total Tax Amount: 934
  • Year Built: 1940
  • Mail City: Lapeer
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement: Block
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 12 x 12
  • Bedroom 1 Floor Covering: Laminate
  • Bedroom 2: On Upper Floor, Dimensions: 11 x 12
  • Bedroom 2 Floor Covering: Laminate
  • Bedroom 3: On Upper Floor, Dimensions: 9 x 15
  • Bedroom 3 Floor Covering: Laminate
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Bathroom 2: Dimensions: 6 x 8, On Level: Upper, Flooring: Ceramic
  • Dining Room: Dimensions: 12 x 12
  • Dining Room Floor Covering: Laminate
  • Kitchen: On Lower Floor, Dimensions: 11 x 16
  • Kitchen Floor Covering: Ceramic
  • Laundry: On Lower Floor, Dimensions: 9 x 11
  • Laundry Room Floor Covering: Laminate
  • Living Room: Dimensions: 12 x 15
  • Living Room Floor Covering: Laminate
  • Sun Room: On Lower Floor, Dimensions: 9 x 28
  • Sun Room Floor Covering: Wood
  • Half Bathrooms: 2
  • Above Grade Finished Sq Ft: 1600

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Street Lights
  • Foundation: Crawl
  • Frontage: 91
  • Road: Gravel, Private Road
  • Water Features: Lake/River Access, Sea Wall, Water View
  • Sideof Street: S
  • Frontage Type: Road

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Fees: 750
  • HOA Fee Frequency: Yearly
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 00813000700
  • Site Condo: Yes
  • Geo Subdivision: MI
  • Site/Lot Features: Corner Lot

Tax Info

  • Summer Tax: Amount: $230.00
  • Winter Tax: Amount: $704.00
  • Total Tax: Amount: $934.00

MLS Schools

  • School District: Lapeer Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2018
Closed on
Sep 13, 2018
Sold by
Hoenck Joint Revocable Living Trust
Bought by
Broman John Karl and Broman Dorothea Allen
Seller's Agent
Chris Carlson
The Mallory Corporation
Buyer's Agent
Chris Carlson
The Mallory Corporation
List Price
$150,000
Sold Price
$126,000
Premium/Discount to List
-$24,000
-16%
Current Estimated Value
$235,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,966
Avg. Annual Appreciation
8.49%
Original Mortgage
$85,000
Outstanding Balance
$73,980
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$161,986

Purchase Details

Listed on
Jan 20, 2018
Closed on
Aug 17, 2018
Sold by
Hoenck Joint Revocable Living Trust
Bought by
Broman John Karl and Broman Dorothea Allen
Seller's Agent
Chris Carlson
The Mallory Corporation
Buyer's Agent
Chris Carlson
The Mallory Corporation
List Price
$150,000
Sold Price
$126,000
Premium/Discount to List
-$24,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Outstanding Balance
$73,980
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$161,986

Purchase Details

Closed on
Mar 7, 2016
Sold by
Hoenck Holmer and Hoenck Holmer
Bought by
Hoenck Holmer and Hoenck Inge
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Broman John Karl $126,000 Lighthouse Title
Broman John Karl $126,000 Lighthouse Title
Broman John K $126,000 Lighthouse Title Inc
Hoenck Holmer -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Broman John Karl $85,000
Closed Broman John K $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Sold $126,000 -9.9% $79 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
04/21/2018 04/21/18 Price Changed $139,900 -6.7% $87 / Sq Ft
01/20/2018 01/20/18 For Sale $150,000 -- $94 / Sq Ft
Source: Michigan Multiple Listing Service

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $999 $60,900 $0 $0
2024 $239 $64,400 $0 $0
2023 $229 $61,400 $0 $0
2022 $905 $54,200 $0 $0
2021 $850 $39,200 $0 $0
2020 $841 $24,900 $0 $0
2019 $727 $18,300 $0 $0
2018 $176 $18,100 $18,100 $0
2017 $938 $29,200 $0 $0
2016 $229 $28,200 $28,200 $0
2015 $1,003 $0 $0 $0
2014 $1,003 $27,700 $27,700 $0
2013 $1,003 $22,600 $22,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 100000438

Michigan Multiple Listing Service

APN: 008-130-007-00

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