NOT LISTED FOR SALE

2336 Peppermill Rd Lapeer, MI 48446

Estimated Value: $244,000 - $276,000

4 Beds
4 Baths
2,000 Sq Ft
$130/Sq Ft Est. Value

Sale Details

Date Sold: March 24, 2016

Last sale price $105,000 $52 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $1,699 / mo

11 Days on Market

Highlights

  • 0.69 Acre Lot
  • Baseboard Heating
  • Private Entrance
  • Water Softener is Owned
  • Garage

About This Home

As of March 2016

LOOKING FOR A GREAT INVESTMENT FOR YOUR CLIENT, CHECK OUT THIS DUPLEX WITH TENANTS ALREADY IN ONE AND ONE READY TO GO - TOWNHOUSE STYLE WTIH CONVENIENCES FOR THE TENANTS WITH ATTACHED GARAGE WITH DIRECT ACCESS INTO THE HOME AND BASEMENTS FOR EXTRA SPACE AND OR STORAGE TO EASY ACCESS TO FREEWAY OR DOWNTOWN LAPEER ALL NESTLED ON A OVERSIZE LOT, BUY ONE OR PACKAGE DEAL WITH ANOTHER ONE NEXT DOOR THAT IS ALSO FOR SALE AND HAS BOTH UNITS RENTED OR LIVE IN THE ONE AND RENT THE REST, MANY OPTIONS HERE AND READY FOR YOUR CLIENT WITH LITTLE TO DO BUT BECOME AN INVESTOR/LANDLORD

Last Agent to Sell the Property

Lisa Hendricks

Real Estate One License #6501261411 Listed on: 10/26/2015

Real Estate One

Last Buyer's Agent

Lisa Hendricks

Real Estate One License #6501261411 Listed on: 10/26/2015

Real Estate One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1964

Lot Details

  • 30,056 Sq Ft Lot
  • Private Entrance

Parking

  • Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Back Up Electric Heat Pump System
  • Baseboard Heating
  • Gravity Heating System
  • Separate Meters
  • Electric Water Heater
  • Water Softener is Owned

Community Details

  • 2 Units
  • Peppermill Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01248000200
  • $1,500 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,393

Year Built

Built in 1964

Lot Details

0.69 Acres

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Water Softener (owned)
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Private, Unfinished
  • Total Sq Ft: 2000

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Private Entry
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages

Utilities

  • Heating Fuel: Electric
  • Heating: Baseboard, Gravity, Separate Meters
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Electric
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 173913.0435
  • Lot Size Area: 0.69
  • Lot Dimensions: .69 acre
  • Parcel Number: 01248000200
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 1400

Tax Info

  • Tax Amount Summer: 477.0000
  • Tax Amount Winter: 916.0000
  • Total Tax: 1393.0000

Multi Family

  • Gross Scheduled Income: 16800.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Lapeer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2025
Sold by
Bce Developments Llc
Bought by
Tight Pockets Llc
Current Estimated Value
$260,922

Purchase Details

Listed on
Oct 26, 2015
Closed on
Apr 15, 2016
Sold by
Becker Courtney and Becker Brady T
Bought by
Bce Developments Llc
Seller's Agent
Lisa Hendricks
Real Estate One
Buyer's Agent
Lisa Hendricks
Real Estate One
List Price
$120,000
Sold Price
$105,000
Premium/Discount to List
-$15,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%
Original Mortgage
$72,300
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 26, 2015
Closed on
Mar 30, 2016
Sold by
Henson E Gary W
Bought by
Becker Brady T and Becker Courtney
Seller's Agent
Lisa Hendricks
Real Estate One
Buyer's Agent
Lisa Hendricks
Real Estate One
List Price
$120,000
Sold Price
$105,000
Premium/Discount to List
-$15,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,300
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 1998
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Tight Pockets Llc $215,000 First American Title
Tight Pockets Llc $215,000 First American Title
Bce Developments Llc $133 --
Becker Brady T $105,000 --
-- $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Becker Brady T $72,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2016 03/24/16 Sold $105,000 0.0% $53 / Sq Ft
01/25/2016 01/25/16 Rented $750 0.0% --
01/08/2016 01/08/16 Under Contract -- -- --
12/04/2015 12/04/15 For Rent $750 0.0% --
11/06/2015 11/06/15 Pending -- -- --
10/26/2015 10/26/15 For Sale $120,000 -- $60 / 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 $3,666 $120,500 $0 $0
2024 $888 $122,400 $0 $0
2023 $849 $115,600 $0 $0
2022 $3,327 $111,400 $0 $0
2021 $3,123 $106,700 $0 $0
2020 $3,089 $106,700 $0 $0
2019 $3,098 $104,300 $0 $0
2018 $3,028 $86,900 $86,900 $0
2017 $2,897 $74,500 $0 $0
2016 $477 $64,100 $64,100 $0
2015 $1,878 $65,600 $0 $0
2014 $1,878 $61,200 $61,200 $0
2013 $1,878 $52,100 $52,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Hendricks

    Seller's Agent in 2016

    Lisa Hendricks

    Real Estate One

    (248) 390-3166

    99 Total Sales

    Lisa Hendricks
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Map

Source: Realcomp

MLS Number: 215115809

Realcomp

APN: 012-480-002-00

Michigan Lapeer County Lapeer 48446

2336 Peppermill Rd, Lapeer, MI

Not Listed for Sale

MultiFamily

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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