Shannon Jones
ERA Prime Real Estate Group
(947) 282-4282
362 Total Sales
5 in Lapeer
$165K - $355K Price Range
421 Jefferson St Lapeer, MI 48446
Lapeer AreaEstimated Value: $209,651
4
Beds
2
Baths
1,806
Sq Ft
$116/Sq Ft
Est. Value
Highlights
- Porch
- Ceiling Fan
- High Speed Internet
- Forced Air Heating and Cooling System
- Private Entrance
About This Home
As of March 2020Multifamily Investment Opportunity, City of Lapeer! Home well maintained inside and out! Currently the upper unit is rented for $375 every 2 weeks. Lower unit is vacant and just waiting for you to decide to live in or rent and was previously rented for $400 every 2 weeks. Upper unit has oak kitchen, lots of cabinets, tiled bathroom, 2 generous bedrooms, and living room. Lower unit was just freshly painted, has 2 bedrooms, oak kitchen, dining room with hardwood floors, tiled bathroom, A/C and basement access. Both units have separate utilities and their own laundry facilities in each unit. New high efficiency furnace installed 2017. Potential projected annual gross income is $20,150. Both units city certified for 2 years in August 2019 and are MSHDA approved. Walking distance to dining/shopping. Easy access to M-24, I-69. Buyer to pay seller's title insurance, transfer tax and title company closing fees at close. Great ROI over 13%, investment should pay for itself in just over 7 years!
Last Agent to Sell the Property
The Brokaw Group License #6506048370 Listed on: 08/31/2019
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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1900 | Remodeled in 2017
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 46x100
- Private Entrance
Home Design
- Block Foundation
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 2 Full Bathrooms
- 1,806 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Unfinished Basement
Parking
- 2 Parking Spaces
- On-Street Parking
- Assigned Parking
Outdoor Features
- Porch
Utilities
- Forced Air Heating and Cooling System
- Space Heater
- Heating System Uses Natural Gas
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number L206540004000
Community Details
Overview
- 2 Units
- City Of Lapeer Original Plat Subdivision
Pet Policy
- Pets Allowed
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 31, 2019
Closed on
Mar 11, 2020
Sold by
Bought by
Seller's Agent
Debora Summers
The Brokaw Group
Buyer's Agent
Raymond Mashni
Premier Real Estate Management
List Price
$156,900
Sold Price
$142,500
Premium/Discount to List
-$14,400
-9.18%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,151
Avg. Annual Appreciation
6.16%
Original Mortgage
$40,000
Interest Rate
3.4%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 1, 1993
Bought by
Purchase Details
Closed on
Dec 1, 1989
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lapeer, MI
-
Shannon Jones
-
Shelly Kovach
Shelly Kovach
Brookstone, Realtors LLC
(947) 210-7928
57 Total Sales
2 in Lapeer
$342K - $355K Price Range
-
Marie Moore
Marie Moore
Solutions Realty Group LLC
(586) 789-9421
42 Total Sales
1 in Lapeer
$260,000 Price
-
Jack Combs
Jack Combs
Keller Williams Realty Lakeside
(586) 666-1547
56 Total Sales
1 in Lapeer
$219,900 Price
-
Robert Condie
Robert Condie
MBA Real Estate Services
(810) 678-6420
64 Total Sales
1 in Lapeer
$34,500 Price
-
Pamela Bryan
Pamela Bryan
Berkshire Hathaway HomeServices Kee Realty Oxford
(810) 379-8500
127 Total Sales
8 in Lapeer
$132K - $375K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $142,500 | Cislo Title | ||
| $142,500 | Cislo Ttl Co Ttl Ins & Escro | ||
| $60,000 | -- | ||
| $54,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $125,250 | ||
| Closed | $100,000 | ||
| Closed | $40,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/11/2020 03/11/20 | Sold | $142,500 | 0.0% | $79 / Sq Ft |
| 02/28/2020 02/28/20 | Pending | -- | -- | -- |
| 02/10/2020 02/10/20 | Off Market | $142,500 | -- | -- |
| 10/07/2019 10/07/19 | Price Changed | $149,900 | -4.5% | $83 / Sq Ft |
| 08/31/2019 08/31/19 | For Sale | $156,900 | 0.0% | $87 / Sq Ft |
| 12/11/2017 12/11/17 | Rented | $866 | 0.0% | -- |
| 12/10/2017 12/10/17 | Under Contract | -- | -- | -- |
| 08/16/2017 08/16/17 | For Rent | $866 | -- | -- |
Source: Realcomp
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $3,600 | $101,200 | $0 | $0 |
| 2025 | $1,473 | $100,000 | $0 | $0 |
| 2024 | $1,519 | $73,000 | $0 | $0 |
| 2023 | $1,430 | $72,900 | $0 | $0 |
| 2022 | $3,471 | $80,300 | $0 | $0 |
| 2021 | $3,271 | $70,700 | $0 | $0 |
| 2020 | $1,832 | $48,900 | $0 | $0 |
| 2019 | $1,627 | $45,000 | $0 | $0 |
| 2018 | $1,589 | $46,800 | $46,800 | $0 |
| 2017 | $1,558 | $42,000 | $0 | $0 |
| 2016 | $647 | $41,000 | $41,000 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $34,200 | $34,200 | $0 |
| 2013 | -- | $31,600 | $31,600 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Debora Summers
Seller's Agent in 2020
Debora Summers
The Brokaw Group
(810) 683-4767
110 Total Sales
-
Raymond Mashni
Buyer's Agent in 2020
Raymond Mashni
Premier Real Estate Management
(248) 813-7735
3 Total Sales
-
James Luisier
Seller's Agent in 2017
James Luisier
Realty Executives
(810) 287-0752
27 Total Sales
Map
Source: Realcomp
MLS Number: 219088637
APN: L20-65-400-040-00
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.
IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2026 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
- 411 N Main St
- 339 N Main St
- 727 W Park St
- 349 N Monroe St
- 746 N Main St
- 615 Lincoln St
- 350 N Jackson St
- 1138 W Oregon St
- 1285 W Oregon St
- 938 W Oregon St
- 1005 N Jackson St
- 532 Fox St
- 172 Higgins St
- 220 W Park St
- 250 Fox St
- 1227 N Jackson St
- Parcel A Fish Lake Rd
- 0 Trade Center Way Dr Unit 50213878
- 2769 Naples Ct
- 1948 Mayfield Rd
Your Personal Tour Guide
Ask me questions while you tour the home.