NOT LISTED FOR SALE

4489 Lakeshore Rd Lexington, MI 48450

Estimated Value: $492,000 - $662,000

4 Beds
1 Bath
800 Sq Ft
$679/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $345,000 $431 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,562/month

7 Days on Market

Highlights

  • Waterfront
  • Wood Flooring
  • Porch
  • Ranch Style House
  • Sun or Florida Room
  • Patio

About This Home

As of September 2020

This Lexington Waterfront BUNGALOW shouts ALL THINGS SUMMER! And wait until you see the amazing SANDY BEACH - all 102. 42 Ft of it! Located just north of the Village of Lexington (approx 2 miles), this cute 4 Bedroom Bungalow was designed for summer fun. Use it as a great vacation get-a-way now & build your future dream home on this amazing parcel later! West side Covered Porch, Lakeside 3-Season Sun Room, Lakeside Patio & one of the best sandy beaches the area has to offer! Driveway, well, & septic shared with neighbor to the north. Don't wait - this opportunity will not last long! Weekly Rental - tenants onsite. Please do not drive in. Showings by appointment only!

Last Agent to Sell the Property

Michael Rickerman

Epique Inc. License #MISPE-6506045489 Listed on: 07/20/2020

Epique Inc.

Last Buyer's Agent

Michael Rickerman

Epique Inc. License #MISPE-6506045489 Listed on: 07/20/2020

Epique Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Lot Details

  • 1.3 Acre Lot
  • 102 Ft Wide Lot
  • Waterfront

Home Design

  • Ranch Style House
  • Bungalow

Interior Spaces

  • 800 Sq Ft Home
  • Living Room
  • Sun or Florida Room
  • Crawl Space
  • Oven or Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Shed
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 15101830023000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,651

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Bungalow, Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 4650.84
  • Total Tax Year: 2019
  • Year Built: 9999
  • Mail City: Lexington
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Range/Oven, Refrigerator
  • Bedrooms: 4
  • Bedroom 1: On Main Floor, Dimensions: 10 x 9
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On Main Floor, Dimensions: 10 x 9
  • Bedroom 2 Floor Covering: Wood
  • Bedroom 3: On Main Floor, Dimensions: 10 x 8
  • Bedroom 3 Floor Covering: Wood
  • Bedroom 4: On Main Floor, Dimensions: 9 x 9
  • Bedroom 4 Floor Covering: Wood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 8 x 5, On Level: Main
  • Room Types: First Floor Bedroom, Living Room, Sun/Florida Room
  • Kitchen: On Main Floor, Dimensions: 10 x 8
  • Kitchen Floor Covering: Wood
  • Living Room: On Main Floor, Dimensions: 13 x 13
  • Living Room Floor Covering: Wood
  • Sun Room: On Main Floor, Dimensions: 15 x 8
  • Sun Room Floor Covering: Carpet
  • Above Grade Finished Sq Ft: 800
  • Total Finished Sq Ft: 800

Exterior Features

  • Exterior Features: Patio, Porch
  • Foundation: Crawl
  • Frontage: 102
  • Lake Name: Lake Huron
  • Road: Paved Street
  • Water Features: All Sports Lake, Lake Frontage, Water View, Waterfront
  • Waterfront: Yes
  • Out Buildings: Shed
  • Frontage Type: Water

Garage/Parking

  • Garage: No

Utilities

  • Heating: Wall Heat, Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Other-See Remarks, Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 15101830023000
  • Zoning: Residential
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft.
  • Lot Dimensions: 102.42x766.38xIrreg
  • Acreage: 1.3
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $1,187.87
  • Winter Tax: Year: 2019, Amount: $3,462.97
  • Total Tax: Year: 2019, Amount: $4,650.84

MLS Schools

  • School District: Croswell Lexington Comm SD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Sep 11, 2020
Sold by
Alan Vandergraaff
Bought by
Grates Michael and Grates Michelle M
Seller's Agent
Michael Rickerman
Epique Inc.
Buyer's Agent
Michael Rickerman
Epique Inc.
List Price
$349,500
Sold Price
$345,000
Premium/Discount to List
-$4,500
-1.29%
Current Estimated Value
$494,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,468
Avg. Annual Appreciation
7.37%
Original Mortgage
$276,000
Outstanding Balance
$246,041
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$243,192

Purchase Details

Closed on
May 11, 2006
Sold by
Westbrook Ray A
Bought by
Vander Graaff Alan

Purchase Details

Closed on
Aug 29, 2000
Sold by
Westbrook Katherine F
Bought by
Westbrook Ray

Purchase Details

Closed on
Oct 20, 1997
Sold by
Palleschi Marcus and Palleschi Barbara
Bought by
Foley Martin and Foley Bernadine

Purchase Details

Closed on
May 18, 1995
Sold by
Foley Martin J and Foley Bernadine D
Bought by
Westbrook Ray A and Westbrook Katerine F
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
Grates Michael $345,000 --
Vander Graaff Alan $500,000 --
Westbrook Ray -- --
Foley Martin $225,000 --
Westbrook Ray A $154,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grates Michael $276,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $345,000 -1.3% $431 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $349,500 -- $437 / 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 $9,967 $258,300 $0 $0
2024 $2,197 $241,500 $0 $0
2023 $2,093 $235,100 $0 $0
2022 $7,061 $157,100 $0 $0
2021 $5,911 $132,700 $0 $0
2020 $4,727 $121,100 $0 $0
2019 $4,639 $115,900 $0 $0
2018 $4,807 $126,200 $0 $0
2017 $4,709 $126,000 $0 $0
2016 $1,183 $121,200 $0 $0
2015 -- $119,600 $0 $0
2014 -- $114,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50017909

Michigan Multiple Listing Service

APN: 151-018-300-230-00