NOT LISTED FOR SALE

334 N Main St Lapeer, MI 48446

Estimated Value: $236,000 - $284,405

6 Beds
3.5 Baths
3,226 Sq Ft
$79/Sq Ft Est. Value

Last Sold July 02, 2015

Last sale price $115,000 $36 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,477/month

88 Days on Market

Highlights

  • Covered Patio or Porch
  • 6 Car Garage
  • Laundry Facilities
  • Forced Air Heating System
  • Private Entrance
  • 2-minute walk to Veterans Memorial Park Lapeer Michigan

About This Home

As of July 2015

3 unit apartment building. You shouldn't wait on this positive, profitable, investment. Possibilities are endless. In fact it could be to your advantage to be an in house landlord living in one of the apts. and allowing the 2 other apts. income to make your mortgage payments. There is a 1 bedroom, 2 bedroom, and a 3 bedroom apartment. Current rental income is definite positive cash flow. Don't be too late on this great investment in a great area in the city of Lapeer. Call Cindy for additional information and current rental information. B/BATVA

Last Agent to Sell the Property

Cynthia Wills

Temporary Inactive Users License #6501185376 Listed on: 03/06/2015

Last Buyer's Agent

Jeanne McCorkle

Exit Realty Group License #6501288248

Exit Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1890 | Remodeled in 1997

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 100x101x100x101
  • Private Entrance

Home Design

  • Triplex
  • Stone Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,226 Sq Ft Home
  • 2-Story Property
  • Basement
  • Crawl Space

Parking

  • 6 Car Garage
  • Assigned Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number L206770004000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$692

Year Built

Built in 1890 | Remodeled in 1997

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Triplex
  • Architecture Level: 2 Story
  • Year Built: 1890
  • Year Renovated: 1997
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Laundry Facility
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Sq Ft Combined: 3226
  • Total Sq Ft: 3226
  • Sq Ft Total Bsmt: 600

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement, Crawl
  • Construction Materials: Vinyl
  • Exterior Features: Private Entry
  • Foundation Materials: Stone
  • Frontage Feet: 100
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Assigned Spaces
  • Total Parking Spaces: 6

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air, Separate Meters
  • Sewer: Separate Meters, Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Electric, Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Lapeer

Lot Info

  • List Price per Acre: 594500.0000
  • Lot Size Area: 0.20
  • Lot Dimensions: 100x101x100x101
  • Parcel Number: L206770004000
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 2324

Tax Info

  • Tax Amount Summer: 294.0000
  • Tax Amount Winter: 398.0000
  • Total Tax: 692.0000

Multi Family

  • Gross Scheduled Income: 27888.00
  • Number Of Units Total: 3
  • Number of One Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Lapeer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2015
Closed on
Jul 6, 2015
Sold by
Reaves Mark
Bought by
334 N Main Llc
Seller's Agent
Cynthia Wills
Temporary Inactive Users
Buyer's Agent
Jeanne McCorkle
Exit Realty Group
List Price
$118,900
Sold Price
$115,000
Premium/Discount to List
-$3,900
-3.28%
Current Estimated Value
$256,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,101
Avg. Annual Appreciation
8.17%
Original Mortgage
$86,250
Outstanding Balance
$67,347
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$188,754

Purchase Details

Closed on
Aug 19, 1997
Bought by
Reaves Mark G and Reaves Patricia M

Purchase Details

Closed on
Dec 2, 1979
Bought by
Reaves Mark and Reaves Patty
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
334 N Main Llc $115,000 --
334 N Main Llc $115,000 --
Reaves Mark G $42,700 --
Reaves Mark G $42,700 --
Reaves Mark $100 --
Reaves Mark $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 334 N Main Llc $86,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2015 07/02/15 Sold $115,000 -3.3% $36 / Sq Ft
06/02/2015 06/02/15 Pending -- -- --
03/06/2015 03/06/15 For Sale $118,900 -- $37 / 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 $1,105 $102,100 $0 $0
2024 $455 $98,000 $0 $0
2023 $434 $86,800 $0 $0
2022 $1,204 $83,100 $0 $0
2021 $943 $76,700 $0 $0
2020 $932 $74,600 $0 $0
2019 $930 $67,600 $0 $0
2018 $908 $65,400 $65,400 $0
2017 $890 $26,800 $0 $0
2016 $370 $18,700 $18,700 $0
2015 -- $0 $0 $0
2014 -- $15,200 $15,200 $0
2013 -- $14,600 $14,600 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Cynthia Wills

    Temporary Inactive Users

  • Jeanne McCorkle

    Buyer's Agent in 2015

    Jeanne McCorkle

    Exit Realty Group

    (810) 245-2600

    23 in this area

    66 Total Sales

    Jeanne McCorkle
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 215019718

Realcomp

APN: L20-67-700-040-00

Michigan Lapeer County Lapeer 48446

334 N Main St, Lapeer, MI

This home is located at 334 N Main St, Lapeer, MI 48446 since 06 March 2015 and is currently estimated at $256,101, approximately $79 per square foot. This property was built in 1890. 334 N Main St is a home located in Lapeer County with nearby schools including C.K. Schickler 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
Copyright 2025 Realcomp II Ltd. Shareholders
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

Nearby Homes