NOT LISTED FOR SALE

Estimated Value: $454,000

5 Beds
3.5 Baths
2,500 Sq Ft
$182/Sq Ft Est. Value

Last Sold November 17, 2022

Last sale price $570,000 $228 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $2,695/month

20 Days on Market

Highlights

  • Private Waterfront
  • Wooded Lot
  • Ground Level Unit
  • 1 Acre Lot
  • Traditional Architecture
  • Balcony

About This Home

As of November 2022

HUGE PRICE IMPROVEMENT & ADDING LOT #69 (91' lakefront) THUS INCREASING WATERFRONT TO 363'. ON LAKE LAPEER!!
Sale now includes home and 3 wooded lots, (#67, 68 & 69).
This is a 5 bedroom, 3.5 bath home with 2500 square feet on the first 2 floors and 1750 on the walk out level. New roof in 2018, brick fireplace in living room, 12 x 24 screened in porch as well as deck overlooking the water, partially finished basement also overlooking the water and walk out boat/ORV/shanty storage. The home has good "bones" but does need some TLC. There is Natural Gas at home but the is currently on oil heat. I am not sure that we will ever see 363' of Lakefront available on Lake Lapeer again!

Last Listed By

Jack Smith

Coldwell Banker Professionals License #6501404507 Listed on: 09/19/2022

Coldwell Banker Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1979

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 130.00 x 179.00
  • Private Waterfront
  • 282 Feet of Waterfront
  • Property fronts an easement
  • Cul-De-Sac
  • Street terminates at a dead end
  • Wooded Lot

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Water Views

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Sump Pump

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00828306700

Community Details

Overview

  • Lake Lapeer Estates No 3 Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,109

Year Built

Built in 1979

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Traditional
  • Architecture Level: 2 Story
  • Assessment: 182.00
  • Year Built: 1979
  • State Equalized Value: 272600.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Furnished - No
  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 12
  • Total Bedrooms: 5
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Electric Oven, Free-Standing Electric Range, Washer
  • Sq Ft Combined: 3500
  • Sq Ft Lower Floor: 1000
  • Total Sq Ft: 2500
  • Sq Ft Total Bsmt: 2000

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lake Lapeer
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Construction Features: Platted Sub.
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 154
  • Porch Type: Balcony
  • Road Frontage Type: Paved, Cul-De-Sac
  • Sideof Street: S
  • Water Frontage Feet: 282.00
  • Waterfront Description: Direct Water Frontage, Private Water Frontage

Garage/Parking

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

Utilities

  • Heating Fuel: Oil
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: https://www.lakelapeer.net/
  • Association Fee: 54
  • Association Fee: Yes

Schools

  • School District: Lapeer

Lot Info

  • Lot Features: Dead End Street, Easement, Wooded, Water View
  • Lot Size Area: 1.00
  • Lot Dimensions: 130.00 x 179.00
  • Parcel Number: 00828306700
  • Percent Wooded: 75

Tax Info

  • Tax Amount Summer: 1826.0000
  • Tax Amount Winter: 2283.0000
  • Total Tax: 4109.0000
  • Taxable Value: 188914.0000

Multi Family

  • Waterfront Features: All Sports Lake, DIRFRT

MLS Schools

  • School District: Lapeer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2022
Closed on
Nov 18, 2022
Sold by
Philip M Doil Living Trust
Bought by
Megie Raymond and Megie Roseanne
Seller's Agent
Jack Smith
Coldwell Banker Professionals
Buyer's Agent
Raymond Megie
Realty Executives Main St LLC
List Price
$725,000
Sold Price
$570,000
Premium/Discount to List
-$155,000
-21.38%
Total Days on Market
20
Views
9
Current Estimated Value
$454,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$116,000
Avg. Annual Appreciation
-19.41%
Original Mortgage
$456,000
Outstanding Balance
$445,421
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
-$110,921

Purchase Details

Closed on
Aug 25, 2020
Sold by
Doil Lynn M and Carrol Lynn M
Bought by
Carroll Lynn M and Lynn M Doil Living Trust

Purchase Details

Closed on
Mar 11, 2020
Sold by
Doil Philip M
Bought by
Doil Philip M and Philip M Doil Living Trust

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
Megie Raymond $570,000 Cislo Title
Carroll Lynn M -- None Available
Lynn M Doil Living Trust -- Isgrigg Robert G
Doil Philip M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Megie Raymond $456,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2022 11/17/22 Sold $570,000 -5.0% $228 / Sq Ft
10/09/2022 10/09/22 Pending -- -- --
10/08/2022 10/08/22 Price Changed $599,999 -17.2% $240 / Sq Ft
09/19/2022 09/19/22 For Sale $725,000 -- $290 / 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 $2,078 $82,900 $0 $0
2023 $599 $62,200 $0 $0
2022 $937 $82,900 $0 $0
2021 $657 $76,500 $0 $0
2020 $638 $46,800 $0 $0
2019 $649 $46,800 $0 $0
2018 $210 $46,800 $46,800 $0
2017 $630 $74,400 $0 $0
2016 $635 $72,300 $72,300 $0
2015 $566 $0 $0 $0
2014 $566 $72,300 $72,300 $0
2013 $566 $72,300 $72,300 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Realcomp

MLS Number: 20221042015

Realcomp

APN: 008-283-069-00