NOT LISTED FOR SALE

2942 Island Point Dr Metamora, MI 48455

Estimated Value: $271,000 - $779,000

5 Beds
3.5 Baths
2,500 Sq Ft
$210/Sq Ft Est. Value

Last Sold November 17, 2022

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

Est. 8% decrease in value since last sale

Current estimated payment $2,931/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 Agent to Sell the Property

Jack Smith

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

Coldwell Banker Professionals

Last Buyer's Agent

Raymond Megie

Realty Executives Main St LLC License #RCO-6501280167

Realty Executives Main St LLC

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%
Views
9
Current Estimated Value
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,000
Avg. Annual Appreciation
-2.82%
Original Mortgage
$456,000
Outstanding Balance
$441,834
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$83,166

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
Source: Public Records

Range of Values:

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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 List to Sale Price per Sq Ft
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
2025 $1,709 $93,500 $0 $0
2024 $627 $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

  • Jack Smith

    Seller's Agent in 2022

    Jack Smith

    Coldwell Banker Professionals

    (989) 488-0601

    3 in this area

    71 Total Sales

    Jack Smith
    Section Image
  • Raymond Megie

    Buyer's Agent in 2022

    Raymond Megie

    Realty Executives Main St LLC

    (586) 634-1822

    8 in this area

    371 Total Sales

    Raymond Megie
    Section Image
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Map

Source: Realcomp

MLS Number: 20221042015

Realcomp

APN: 008-283-069-00

Michigan Lapeer County Metamora 48455

2942 Island Point Dr, Metamora, MI

This home is located at 2942 Island Point Dr, Metamora, MI 48455 since 19 September 2022 and is currently estimated at $525,000, approximately $210 per square foot. This property was built in 1979. 2942 Island Point Dr is a home located in Lapeer County with nearby schools including Emma Murphy Elementary School, Rolland-Warner Middle School, and Lapeer High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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