NOT LISTED FOR SALE

2425 Margaret Dr Fenton, MI 48430

Estimated Value: $655,000 - $787,000

2 Beds
2 Baths
1,531 Sq Ft
$451/Sq Ft Est. Value

Last Sold July 20, 2023

Last sale price $615,000 $402 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,076/month

3 Days on Market

Highlights

  • 49 Feet of Waterfront
  • Wood Burning Stove
  • Porch
  • Deck
  • No HOA
  • 2 Car Attached Garage

About This Home

As of July 2023

This charming waterfront Lake Fenton home offers its full deck on the water to relax and enjoy your summers on. The windows across the front offers a beautiful view from the open floor plan. Hardwood floors and a wood burning stove to sit by on the coolers days complete the year around pleasure of lake living. This very meticulously maintained house has a large main floor bedroom with full bathroom and adjacent space previously used as an office. The full basement has a fitness room, well with reverse osmosis. The attached +2 car garage, as an enclosed workshop area with plenty of room for projects. 1st floor laundry with sink and lots of cupboard space and closet space. This turn key lakefront home offers a wonderful opportunity to move in and begin your lakefront life experience.

Last Agent to Sell the Property

Sue Ellen Fox

RE/MAX Select License #6501315181 Listed on: 06/18/2023

RE/MAX Select

Last Buyer's Agent

William Ervin

KW Domain License #6501414772

KW Domain

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1938

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 50x125
  • 49 Feet of Waterfront

Parking

  • 2 Car Attached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,531 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Dishwasher
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0611300011
  • $1,200 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,607

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Assessment: 369.00; Garbage & Sewer
  • Year Built: 1938
  • State Equalized Value: 239700.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace Fuel: Wood Stove
  • Room Count: 9
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 2509
  • Sq Ft Lower Floor: 978
  • Total Sq Ft: 1531
  • Sq Ft Total Bsmt: 978

Exterior Features

  • Waterfront Name: Lake Fenton
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved
  • Water Frontage Feet: 49.00
  • Waterfront Description: Direct Water Frontage

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Fenton

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.07
  • Lot Dimensions: 50x125
  • Parcel Number: 0611300011

Tax Info

  • Tax Amount Summer: 1485.0000
  • Tax Amount Winter: 3122.0000
  • Total Tax: 4607.0000
  • Taxable Value: 129034.0000

Multi Family

  • Waterfront Features: DIRFRT

MLS Schools

  • School District: Lake Fenton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2023
Closed on
Jul 19, 2023
Sold by
Maitland Katherine R
Bought by
Johnson Rachel and Wilson Steven
Seller's Agent
Sue Ellen Fox
RE/MAX Select
Buyer's Agent
William Ervin
KW Domain
List Price
$599,900
Sold Price
$615,000
Premium/Discount to List
$15,100
2.52%
Views
77
Current Estimated Value
$690,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,873
Avg. Annual Appreciation
5.81%
Original Mortgage
$615,000
Outstanding Balance
$603,656
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$87,218
Source: Public Records

Range of Values:

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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
Johnson Rachel $615,000 Liberty Title
Johnson Rachel $615,000 Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Steven $615,000
Closed Johnson Rachel $615,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2023 07/20/23 Sold $615,000 +2.5% $402 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
06/18/2023 06/18/23 For Sale $599,900 -- $392 / 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
2024 $3,511 $305,700 $0 $0
2023 $1,559 $261,200 $0 $0
2022 $4,425 $239,700 $0 $0
2021 $4,425 $223,700 $0 $0
2020 $1,426 $210,900 $0 $0
2019 $1,373 $194,900 $0 $0
2018 $4,018 $190,700 $0 $0
2017 $3,902 $175,400 $0 $0
2016 $3,856 $164,100 $0 $0
2015 $3,792 $154,300 $0 $0
2014 $1,267 $148,700 $0 $0
2012 -- $144,000 $144,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Sue Ellen Fox

    Seller's Agent in 2023

    Sue Ellen Fox

    RE/MAX Michigan

    (810) 287-2572

    1 in this area

    11 Total Sales

    Section Image
  • William Ervin

    Buyer's Agent in 2023

    William Ervin

    KW Domain

    (248) 210-3308

    1 in this area

    70 Total Sales

    Section Image
  • Kristin Ervin

    Buyer Co-Listing Agent in 2023

    Kristin Ervin

    KW Domain

    (248) 770-4782

    1 in this area

    41 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 20230047271

Realcomp

APN: 06-11-300-011

Michigan Genesee County Fenton 48430

2425 Margaret Dr, Fenton, MI

This home is located at 2425 Margaret Dr, Fenton, MI 48430 since 18 June 2023 and is currently estimated at $690,873, approximately $451 per square foot. This property was built in 1938. 2425 Margaret Dr is a home located in Genesee County with nearby schools including West Shore Elementary School, Torrey Hill Intermediate School, and Lake Fenton Middle School.

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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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