NOT LISTED FOR SALE

3740 Babcock Rd Lexington, MI 48450

Estimated Value: $247,000 - $305,000

3 Beds
1 Bath
1,388 Sq Ft
$201/Sq Ft Est. Value

Last Sold July 11, 2017

Last sale price $167,000 $120 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,756/month

29 Days on Market

Highlights

  • 36.5 Acre Lot
  • 1-Story Property
  • 2.5 Car Garage

About This Home

As of July 2017

Just NW of Lexington is this 3 bedroom home, 1 1/2 bath with 36.5 acres, presently 25 acres are tillable. Mud room 15x9.8, laundry room 11.8x6, Kitchen/Dining room combo 19x11.9, Bath #1 11.8x5.8, Bath #2 5.2x6, Master 20x11.8, Living room 238 x 11.8, Bedroom #2 8.3x13, Bedroom #3 11.7x11.5.

Last Agent to Sell the Property

Penny Schwarzentraub

Town & Country Realty License #MISPE-112481 Listed on: 05/02/2017

Last Buyer's Agent

Michael Rickerman

Epique Inc. License #MISPE-6506045489

Epique Inc.

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,435

Year Built

  • Built in 1974

Lot Details

  • 36.5 Acre Lot
  • Lot Dimensions are 1184 x 1294

Parking

  • 2.5 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,388 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 150-011-400--030-00

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,435

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Modular
  • Structure Style: 1 Story
  • Total Tax Amount: 1435
  • Total Tax Year: 2016
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1388
  • Total Finished Sq Ft: 1388

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Crawl
  • Frontage: 1184

Garage/Parking

  • Garage Spaces: 2.5
  • Garage: Yes

Utilities

  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessments: 13400
  • Assessments: Yes
  • Assessor Parcel Number: 150-011-400--030-00
  • Lot Dimensions: 1184 x 1294
  • Acreage: 36.5
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2016, Amount: $1,435.00

MLS Schools

  • School District: Croswell Lexington Comm SD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2017
Closed on
Jul 11, 2017
Sold by
Lago Kenneth H
Bought by
Lafrance Brian and Lafrance Tera
Seller's Agent
Penny Schwarzentraub
Town & Country Realty
Buyer's Agent
Michael Rickerman
Epique Inc.
List Price
$189,900
Sold Price
$167,000
Premium/Discount to List
-$22,900
-12.06%
Current Estimated Value
$290,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,626
Avg. Annual Appreciation
6.72%
Original Mortgage
$133,600
Outstanding Balance
$111,685
Interest Rate
3.94%
Mortgage Type
Construction
Estimated Equity
$171,329
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
Lafrance Brian $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lafrance Brian $133,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2017 07/11/17 Sold $167,000 -7.2% $120 / Sq Ft
05/31/2017 05/31/17 Pending -- -- --
05/22/2017 05/22/17 Price Changed $179,900 -5.3% $130 / Sq Ft
05/02/2017 05/02/17 For Sale $189,900 -- $137 / Sq Ft
Source: Michigan Multiple Listing Service

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 $2,067 $122,700 $0 $0
2024 $862 $115,400 $0 $0
2023 $821 $80,900 $0 $0
2022 $2,396 $62,800 $0 $0
2021 $2,320 $60,300 $0 $0
2020 $2,288 $59,000 $0 $0
2019 $2,246 $56,200 $0 $0
2018 $2,194 $54,800 $0 $0
2017 $1,045 $54,700 $0 $0
2016 $481 $50,700 $0 $0
2015 -- $49,400 $0 $0
2014 -- $46,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31318628

Michigan Multiple Listing Service

APN: 150-011-400-020-00