NOT LISTED FOR SALE

507 Cedar St Lapeer, MI 48446

Estimated Value: $206,000 - $269,000

4 Beds
1.5 Baths
3,047 Sq Ft
$82/Sq Ft Est. Value

Last Sold November 15, 2016

Last sale price $80,000 $26 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $1,507/month

327 Days on Market

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 2016

Amazing 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

Michael Licavoli

Eastern Realty Inc License #6502365129 Listed on: 11/30/2015

Last Buyer's Agent

Veronica Abdelnour

Coldwell Banker Professionals License #RCO-6502411721

Coldwell Banker Professionals

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,528

Year Built

Built in 1858

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Historic, Victorian
  • Architecture Level: 3 Story
  • Assessment: 95.66
  • Warranty: Yes
  • Year Built: 1858
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Sq Ft Combined: 3047
  • Total Sq Ft: 3047
  • Sq Ft Total Bsmt: 3047

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 180
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water, Radiant
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lapeer

Lot Info

  • Homestead: Yes
  • List Price per Acre: 399600.0000
  • Lot Size Area: 0.25
  • Lot Dimensions: 180x180
  • Parcel Number: L201360004000

Tax Info

  • Tax Amount Summer: 1099.0000
  • Tax Amount Winter: 429.0000
  • Total Tax: 1528.0000

MLS Schools

  • School District: Lapeer

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%
Total Days on Market
327
Current Estimated Value
$249,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,971
Avg. Annual Appreciation
14.22%

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
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gerlach Vicki L $80,000 --
Federal Home Loan Mortgage Corporatio $46,888 --
Sanborn Steven L $185,000 --
-- $70,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

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
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

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Map

Source: Realcomp

MLS Number: 215126577

Realcomp

APN: L20-13-600-040-00