NOT LISTED FOR SALE

1517 Bowers Rd Lapeer, MI 48446

Estimated Value: $214,000 - $271,000

3 Beds
1 Bath
1,787 Sq Ft
$134/Sq Ft Est. Value

Last Sold June 16, 2014

Last sale price $90,000 $50 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $1,448/month

Highlights

  • Ranch Style House
  • No HOA
  • 2 Car Attached Garage
  • Ground Level Unit
  • Stainless Steel Appliances
  • Ceiling Fan

About This Home

As of September 2021

Beautiful rental opportunity right in the heart of Lapeer! This three bedroom ranch with an over sized garage and spacious layout is exactly what you have been looking for! Home sits on over 1 acre, features stainless steel appliances, natural fireplace, huge living room, has been remodeled and has many more updates!
Information on Rental Agreement: There is a $350 non-refundable cleaning fee. Security Deposit is 1 1/2 months rent. Absolutely NO cats and there is a $50 pet fee per pet. Here is the link for application, credit report and background check for $30: https://apply.link/2WmeJMC along with the report, please provide 2 most recent paystubs. Please see other addendums in DocBox that need to be filled out and sent in with offer/application. There is currently a tenant occupying the residence and there will be no showings until after 9/17. Occupancy can start as early as October 1.
Buyers Agent To Verify All Information

Last Agent to Rent the Property

McKenzie Cox

Real Estate One-Oxford License #6501418964 Listed on: 09/01/2021

Real Estate One-Oxford

Last Renter's Agent

McKenzie Cox

Real Estate One-Oxford License #6501418964 Listed on: 09/01/2021

Real Estate One-Oxford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,289

Year Built

  • Built in 1954 | Remodeled in 2015

Lot Details

  • 1.3 Acre Lot
  • Lot Dimensions are 194x244x244x194

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof
  • Masonry

Interior Spaces

  • 1,787 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Security Deposit $3,000
  • 12 Month Lease Term
  • Negotiable Lease Term
  • Application Fee: 30.00
  • Assessor Parcel Number 01403403610

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,289

Year Built

Built in 1954 | Remodeled in 2015

Lot Details

0

Rental Info

  • Application Fee: 30.00
  • Lease Type: Single Family House
  • Security Deposit: 3000.00
  • Tenant Amenities: Laundry In-Unit

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1954
  • Year Renovated: 2015
  • Entry Location: Ground Level
  • Pets Allowed: Call, Dogs OK
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Stainless Steel Appliance(s)
  • Sq Ft Combined: 1787
  • Total Sq Ft: 1787

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Block/Concrete/Masonry, Brick
  • Foundation Materials: Poured
  • Frontage Feet: 194
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lapeer

Lot Info

  • Lot Size Area: 1.30
  • Lot Dimensions: 194x244x244x194
  • Parcel Number: 01403403610

Multi Family

  • Length of Lease: 12 Months, Negotiable

MLS Schools

  • School District: Lapeer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2016
Sold by
Adam Gerhard
Bought by
Big O Enterprise Inc
Current Estimated Value
$240,251

Purchase Details

Listed on
Jan 21, 2014
Closed on
Jun 16, 2014
Sold by
Joseph Jerrod Patrick and Jospeh Bruce A
Bought by
Adam Gerhard
Seller's Agent
Robert Katner
Brookstone, Realtors LLC
Buyer's Agent
Carmela Jones
Real Estate One
List Price
$138,899
Sold Price
$90,000
Premium/Discount to List
-$48,899
-35.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%

Purchase Details

Listed on
Oct 28, 2011
Closed on
Jan 13, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Joseph Jerrod Patrick and Joseph Bruce A
Seller's Agent
Jeremy Bigelow
KELLER WILLIAMS REALTY-OWOSSO
Buyer's Agent
Robert Katner
Keller Williams Paint Creek
List Price
$54,500
Sold Price
$50,000
Premium/Discount to List
-$4,500
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.49%
Original Mortgage
$48,732
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 3, 2010
Sold by
Fansler Stephanie A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 9, 2007
Sold by
Primacy Closing Corporation
Bought by
Fansler Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2007
Sold by
Nava Alberto and Nava Maria
Bought by
Primary Closing Corporation

Purchase Details

Closed on
Apr 21, 1998
Sold by
Demuth Timothy and Demuth Ann
Bought by
Nava Alberto M

Purchase Details

Closed on
Sep 19, 1995
Bought by
Demuth
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Big O Enterprise Inc $133 --
Adam Gerhard $90,000 Title Connect Llc
Joseph Jerrod Patrick $50,000 --
Federal Home Loan Mortgage Corporation $60,717 --
Fansler Stephanie $101,500 --
Primary Closing Corporation $126,000 --
Primacy Closing Corp $126,000 --
Nava Alberto M $117,000 --
Demuth $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Joseph Jerrod Patrick $48,732
Previous Owner Fansler Stephanie $101,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2021 09/13/21 Rented $66,667 +3233.4% --
09/03/2021 09/03/21 Under Contract -- -- --
09/01/2021 09/01/21 For Rent $2,000 0.0% --
06/16/2014 06/16/14 Sold $90,000 -35.2% $50 / Sq Ft View Prior Sale
06/14/2014 06/14/14 Pending -- -- --
01/21/2014 01/21/14 For Sale $138,899 +177.8% $78 / Sq Ft
01/13/2012 01/13/12 Sold $50,000 0.0% $28 / Sq Ft View Prior Sale
01/13/2012 01/13/12 Sold $50,000 -8.3% $28 / Sq Ft View Prior Sale
11/01/2011 11/01/11 Pending -- -- --
11/01/2011 11/01/11 Pending -- -- --
10/28/2011 10/28/11 For Sale $54,500 -12.8% $30 / Sq Ft
07/21/2011 07/21/11 For Sale $62,500 -- $35 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

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 $2,289 $84,700 $0 $0
2024 $562 $86,600 $0 $0
2023 $537 $80,700 $0 $0
2022 $2,074 $70,700 $0 $0
2021 $1,933 $64,800 $0 $0
2020 $1,910 $57,700 $0 $0
2019 $1,921 $51,100 $0 $0
2018 $1,867 $48,100 $48,100 $0
2017 $1,919 $49,400 $0 $0
2016 $447 $47,900 $47,900 $0
2015 -- $0 $0 $0
2014 -- $38,700 $38,700 $0
2013 -- $42,600 $42,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210071351

Realcomp

APN: 014-034-036-10