NOT LISTED FOR SALE

425 Lathrop St Algonac, MI 48001

Estimated Value: $156,000 - $180,000

1 Bed
1 Bath
1,100 Sq Ft
$156/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $160,000 $145 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,151/month

3 Days on Market

Highlights

  • Access To Lake
  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Home fronts a canal
  • Bungalow
  • Forced Air Heating System

About This Home

As of August 2023

Adorable Canal front home. Waterfront living at an affordable price. This home had two bedrooms and sellers updated into a HUGE one bedroom Studio. A few finishing touches needed / price relects the updates needed. Newer Roof & HAVC. Crawl space encapsulated. New Kitchen & Bath. Deep lot. Minutes to the river. Steel Seawall (1999). 15 x 31 Garage that has a little workshop. Quiet neighborhood. Homes like this dont pop up often.

Last Agent to Sell the Property

Laura Janski

RE/MAX Advisors License #MISPE-6501328247 Listed on: 08/11/2023

RE/MAX Advisors

Last Buyer's Agent

Sara Thompson

Keller Williams Lakeside License #6501447827

Keller Williams Lakeside

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1974

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 25 x 203
  • Home fronts a canal

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Cement Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Family Room
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Access To Lake
  • Seawall

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Suprvrs Roy T Gilberts 9 Algonac Township Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-135-0040-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,195

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Bungalow
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 2195
  • Total Tax Year: 2022
  • Year Built: 1974
  • Mail City: Algonac
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 1
  • Bedroom 1: On 2nd Floor, Dimensions: 21 x 15
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 8 x 6, On Level: Second
  • Room Types: Family Room, First Floor Laundry, First Flr Full Bathroom
  • Family Room: On 1st Floor, Dimensions: 16 x 7
  • Kitchen: On 1st Floor, Dimensions: 16 x 6
  • Living Room: On 1st Floor, Dimensions: 16 x 15
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1100
  • Total Finished Sq Ft: 1100

Exterior Features

  • Exterior: Aluminum, Cement Siding, Hard Board
  • Foundation: Crawl
  • Frontage: 25
  • Road: Paved Street
  • Water Features: All Sports Lake, Canal Frontage, Lake/River Access, Sea Wall, Water View, Waterfront
  • Waterfront: Yes
  • Frontage Type: Water

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Cooling: Ceiling Fan(s)

Lot Info

  • Assessor Parcel Number: 01-135-0040-000
  • Lot Dimensions: 25 x 203
  • Acreage: 0.12
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $2,053.00
  • Winter Tax: Year: 2022, Amount: $142.00
  • Total Tax: Year: 2022, Amount: $2,195.00

MLS Schools

  • School District: Algonac Community School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Sep 21, 2023
Sold by
Paczkowski Tammy L
Bought by
Foote Alexander
Seller's Agent
Laura Janski
RE/MAX Advisors
Buyer's Agent
Sara Thompson
Keller Williams Lakeside
List Price
$159,900
Sold Price
$160,000
Premium/Discount to List
$100
0.06%
Views
53
Current Estimated Value
$171,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,843
Avg. Annual Appreciation
3.60%
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
Foote Alexander $160,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $160,000 +0.1% $145 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
08/12/2023 08/12/23 For Sale $159,900 -- $145 / 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 $2,668 $69,200 $0 $0
2024 $2,668 $69,900 $0 $0
2023 $2,174 $57,000 $0 $0
2022 $2,194 $50,000 $0 $0
2021 $2,125 $45,400 $0 $0
2020 $2,127 $43,400 $9,800 $33,600
2019 $2,082 $42,600 $0 $0
2018 $2,047 $37,500 $0 $0
2017 $1,962 $33,000 $0 $0
2016 $1,857 $33,000 $0 $0
2015 -- $32,500 $9,800 $22,700
2014 -- $31,700 $9,800 $21,900
2013 -- $30,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50118531

Michigan Multiple Listing Service

APN: 01-135-0040-000