M
Seller's Agent in 2016
Michael Licavoli
Eastern Realty Inc
(586) 536-6000
1 in this area
47 Total Sales
507 Cedar St Lapeer, MI 48446
Estimated Value: $259,000 - $274,000
4
Beds
1.5
Baths
3,047
Sq Ft
$87/Sq Ft
Est. Value
Highlights
- Victorian Architecture
- Hot Water Heating System
- Historic Home
- No HOA
- 2 Car Garage
- 3-minute walk to Lapeer Rotary Pocket Park
About This Home
As of November 2016Amazing opportunity to own a piece of history!!!Elegant victorian style home located within walking distance to Downtown Lapeer. Property features an open floor plan, wood flooring, terrazzo flooring and much much more. More to follow. Property has both Residential and Commercial Zoning
Last Agent to Sell the Property
Eastern Realty Inc License #6502365129 Listed on: 11/30/2015
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
Year Built
- Built in 1858
Lot Details
- Lot Dimensions are 180x180
- Historic Home
Parking
- 2 Car Garage
Home Design
- Victorian Architecture
- Brick Exterior Construction
- Brick Foundation
Interior Spaces
- 3,047 Sq Ft Home
- 3-Story Property
- Basement
Bedrooms and Bathrooms
- 4 Bedrooms
Utilities
- Hot Water Heating System
- Heating System Uses Natural Gas
- Radiant Heating System
Community Details
- No Home Owners Association
- City Of Lapeer R Lapeer Village Plat Subdivision
Listing and Financial Details
- Home warranty included in the sale of the property
- Assessor Parcel Number L201360004000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 30, 2015
Closed on
Nov 18, 2016
Sold by
Sanborn Steven L and Sanborn Marcia
Bought by
Gerlach Vicki L and Gerlach Daniel G
Seller's Agent
Michael Licavoli
Eastern Realty Inc
Buyer's Agent
Veronica Abdelnour
Coldwell Banker Professionals
List Price
$119,900
Sold Price
$80,000
Premium/Discount to List
-$39,900
-33.28%
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
$185,798
Avg. Annual Appreciation
14.06%
Purchase Details
Closed on
Dec 29, 2015
Sold by
Sanborn Marcia and Sanborn Steven L
Bought by
Federal Home Loan Mortgage Corporatio
Purchase Details
Closed on
Feb 15, 2001
Sold by
Angus Richard H and Angus Ann K
Bought by
Sanborn Steven L and Sanborn Marcia
Purchase Details
Closed on
Nov 1, 1988
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gerlach Vicki L | $80,000 | -- | |
| Federal Home Loan Mortgage Corporatio | $46,888 | -- | |
| Sanborn Steven L | $185,000 | -- | |
| Sanborn Steven L | $185,000 | -- | |
| -- | $70,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/15/2016 11/15/16 | Sold | $80,000 | -19.9% | $26 / Sq Ft |
| 10/22/2016 10/22/16 | Pending | -- | -- | -- |
| 10/17/2016 10/17/16 | Price Changed | $99,900 | -6.5% | $33 / Sq Ft |
| 10/14/2016 10/14/16 | Price Changed | $106,900 | +0.9% | $35 / Sq Ft |
| 10/12/2016 10/12/16 | Price Changed | $105,900 | -2.8% | $35 / Sq Ft |
| 10/11/2016 10/11/16 | Price Changed | $108,900 | -0.9% | $36 / Sq Ft |
| 10/06/2016 10/06/16 | Price Changed | $109,900 | -4.4% | $36 / Sq Ft |
| 10/05/2016 10/05/16 | Price Changed | $114,900 | -4.2% | $38 / Sq Ft |
| 06/23/2016 06/23/16 | Price Changed | $119,900 | 0.0% | $39 / Sq Ft |
| 06/23/2016 06/23/16 | For Sale | $119,900 | -25.0% | $39 / Sq Ft |
| 05/11/2016 05/11/16 | Pending | -- | -- | -- |
| 11/30/2015 11/30/15 | For Sale | $159,900 | -- | $52 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $1,994 | $126,300 | $0 | $0 |
| 2024 | $1,328 | $123,900 | $0 | $0 |
| 2023 | $1,266 | $118,800 | $0 | $0 |
| 2022 | $1,804 | $110,500 | $0 | $0 |
| 2021 | $1,672 | $106,200 | $0 | $0 |
| 2020 | $1,653 | $90,000 | $0 | $0 |
| 2019 | $1,666 | $82,500 | $0 | $0 |
| 2018 | $1,627 | $75,200 | $75,200 | $0 |
| 2017 | $2,595 | $55,000 | $0 | $0 |
| 2016 | $1,478 | $62,100 | $62,100 | $0 |
| 2015 | -- | $57,800 | $0 | $0 |
| 2014 | -- | $52,600 | $52,600 | $0 |
| 2013 | -- | $49,100 | $49,100 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Licavoli
-
Veronica Abdelnour
Buyer's Agent in 2016
Veronica Abdelnour
Coldwell Banker Professionals
(810) 614-3194
6 in this area
51 Total Sales
Map
Source: Realcomp
MLS Number: 215126577
APN: L20-13-600-040-00
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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