NOT LISTED FOR SALE

1298 Peppermill Rd Lapeer, MI 48446

Estimated Value: $247,000 - $303,741

3 Beds
2.5 Baths
1,308 Sq Ft
$204/Sq Ft Est. Value

Sale Details

Date Sold: June 10, 2024

Last sale price $300,000 $229 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,540 / mo

10 Days on Market

Highlights

  • 1,000 Feet of Waterfront
  • Barn
  • 10 Acre Lot
  • Dock Facilities
  • Stables
  • Fireplace in Primary Bedroom

About This Home

As of June 2024

A river runs through it! Nestled in the embrace of nature, this income producing hobby farm exudes tranquility. Start your day with the serenity of morning coffee on the deck, conveniently accessible from the primary suite. Horse pastures adorn every corner of this picturesque landscape, creating a sense of peaceful seclusion. Perfect for commuters, the property offers easy access to amenities and high-speed internet. The charm of original hardwood flooring adds character to the first floor, while the convenience of natural gas and 200-amp service enhance modern living. The barn boasts 4 horse stalls, ample hay and tack storage, electric and frost-free hydrants, while a hand-built wooden bridge leads to a private dock for fishing on the Flint River. Whether you're seeking country living or a rural retreat, this property offers endless possibilities for personalization and restyling.

Last Agent to Sell the Property

Traci Martin

Max Broock, REALTORS®-Bloomfield Hills License #6501384172 Listed on: 05/07/2024

Max Broock, REALTORS®-Bloomfield Hills

Last Buyer's Agent

Christopher Hubel

@properties Christie's Int'l R.E. Birmingham License #6501406271

@properties Christie's Int'l R.E. Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1948

Lot Details

  • 10 Acre Lot
  • 1,000 Feet of Waterfront
  • Home fronts navigable water
  • River Front
  • Native Plants
  • Corner Lot
  • Wooded Lot

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,308 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Water Views

Kitchen

  • Built-In Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • ENERGY STAR Qualified Washer

Partially Finished Basement

  • Walk-Up Access
  • Sump Pump
  • Stubbed For A Bathroom

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Outdoor Features

  • Dock Facilities
  • Deck
  • Exterior Lighting
  • Shed
  • Porch

Farming

  • Barn
  • Farm

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet

Additional Features

  • Ground Level Unit
  • Stables

Listing and Financial Details

  • Assessor Parcel Number 01263000100

Community Details

Overview

  • No Home Owners Association
  • Property is near a ravine

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,483

Year Built

Built in 1948

Lot Details

10 Acres

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1948
  • State Equalized Value: 90400.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • AgentOnly_ListPriceByAcre: 29900.0000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Smoke Alarm, 220 Volts, Circuit Breakers, High Spd Internet Avail, Programmable Thermostat, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Primary Bedroom
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished, Walk-Up Access, Bath/Stubbed
  • Kitchen Appliances: ENERGY STAR® qualified washer, Built-In Gas Range, Dishwasher, Dryer, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer
  • Total Sq Ft: 1308

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Flint River
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved
  • Sideof Street: W
  • Water Frontage Feet: 1000.00
  • Waterfront Description: Direct Water Frontage, River Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Electricity, Attached, Garage Faces Front
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Features: Corner Lot, Farm, Hilly-Ravine, Native Plants, Wooded, Water View
  • Lot Size Area: 10.00
  • Lot Dimensions: IRREGULAR
  • Parcel Number: 01263000100
  • Percent Wooded: 5

Tax Info

  • Tax Amount Summer: 671.0000
  • Tax Amount Winter: 812.0000
  • Total Tax: 1483.0000
  • Taxable Value: 69010.0000

Multi Family

  • Waterfront Features: Navigable, Dock Facilities, DIRFRT

MLS Schools

  • School District: Lapeer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
Jun 13, 2024
Sold by
Elliott Patrick
Bought by
Duff Evan
Seller's Agent
Traci Martin
Max Broock, REALTORS®-Bloomfield Hills
Buyer's Agent
Christopher Hubel
@properties Christie's Int'l R.E. Birmingham
List Price
$299,000
Sold Price
$300,000
Premium/Discount to List
$1,000
0.33%
Views
46
Current Estimated Value
$267,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,815
Avg. Annual Appreciation
-6.07%
Original Mortgage
$285,000
Outstanding Balance
$281,412
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
-$14,227

Purchase Details

Listed on
May 7, 2024
Closed on
Jun 10, 2024
Sold by
Elliott Patrick
Bought by
Duff Evan
Seller's Agent
Traci Martin
Max Broock, REALTORS®-Bloomfield Hills
Buyer's Agent
Christopher Hubel
@properties Christie's Int'l R.E. Birmingham
List Price
$299,000
Sold Price
$300,000
Premium/Discount to List
$1,000
0.33%
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Outstanding Balance
$281,412
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
-$14,227

Purchase Details

Listed on
Jul 20, 2014
Closed on
Oct 10, 2014
Sold by
Clark Christine H and Campbell Christine
Bought by
Elliott Patrick
Seller's Agent
Julie Martz
RE/MAX Showcase Homes
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$187,500
Sold Price
$175,000
Premium/Discount to List
-$12,500
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$158,323
Interest Rate
2.6%
Mortgage Type
FHA
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
Duff Evan $300,000 Cislo Title
Duff Evan $300,000 Cislo Title
Duff Evan $300,000 Cislo Title
Elliott Patrick $175,000 Partners Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duff Evan $285,000
Closed Duff Evan $285,000
Previous Owner Elliott Patrick $158,323
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2024 06/10/24 Sold $300,000 +0.3% $229 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $299,000 +70.9% $229 / Sq Ft
10/10/2014 10/10/14 Sold $175,000 -6.7% $135 / Sq Ft View Prior Sale
10/08/2014 10/08/14 Pending -- -- --
07/20/2014 07/20/14 For Sale $187,500 -- $144 / Sq Ft
Source: Realcomp

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 $1,597 $102,300 $0 $0
2024 $702 $93,800 $0 $0
2023 $671 $90,400 $0 $0
2022 $1,451 $80,500 $0 $0
2021 $1,328 $84,500 $0 $0
2020 $1,317 $81,600 $0 $0
2019 $1,345 $78,100 $0 $0
2018 $1,316 $73,700 $73,700 $0
2017 $1,219 $68,100 $0 $0
2016 $1,214 $60,700 $60,700 $0
2015 $1,251 $0 $0 $0
2014 $1,251 $54,800 $54,800 $0
2013 $1,251 $52,500 $52,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240030695

Realcomp

APN: 012-630-001-00

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