NOT LISTED FOR SALE

508 Lake St Addison, MI 49220

Adison Village Neighborhood

Estimated Value: $158,000 - $188,000

3 Beds
1 Bath
1,788 Sq Ft
$98/Sq Ft Est. Value

Last Sold July 08, 2019

Last sale price $127,000 $71 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,177/month

7 Days on Market

Highlights

  • Deck
  • Farmhouse Style Home
  • Porch
  • Wood Flooring
  • 2 Car Detached Garage
  • Living Room

About This Home

As of July 2019

WOW!!! 3 BED 1 BATH HOME IN THE VILLAGE OF ADDISON. POSSIBLE 4TH BED ON THE MAIN FLOOR. DETACHED 2 CAR GARAGE WITH ELECTRIC AND A PARTIAL FENCED YARD. YOU CAN WALK TO SCHOOL THAT IS JUST 2 BLOCKS FROM THIS HOME AND YOU CAN ALSO WALK TO THE PARK. KITCHEN HAS BEEN REMODELED. NEW FLOORING THRU OUT. YOU CAN ALSO ENJOY EVENINGS ON THE LARGE DECK ON THE REAR OF THE HOME WHILE THE KIDS PLAY IN THE BACK YARD. THIS ONE WONT LAST LONG. CALL TODAY TO SCHEDULE YOUR PRIVATE SHOWING

Last Listed By

Jaime Gerig

Gerig Realty License #LCAR-6502379529 Listed on: 06/03/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1880

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 77x239x109x168

Parking

  • 2 Car Detached Garage

Home Design

  • Farmhouse Style Home
  • Poured Concrete
  • Vinyl Siding
  • Vinyl Trim

Interior Spaces

  • 1,788 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Wood Flooring
  • Basement

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number RL1 300 0260 00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,389

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Farm House
  • Structure Style: 2 Story
  • Year Built: 1880
  • Mail City: Addison
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement: Poured
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 13 x 14
  • Bedroom 2: On 2nd Floor, Dimensions: 10 x 14
  • Bedroom 3: On 2nd Floor, Dimensions: 9 x 9
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Main
  • Room Types: First Floor Laundry, Living Room
  • Dining Room: On Main Floor, Dimensions: 12 x 15
  • Kitchen: On Main Floor, Dimensions: 10 x 16
  • Laundry: On Main Floor, Dimensions: 7 x 12
  • Living Room: On Main Floor, Dimensions: 12 x 14
  • Other Room1: Dimensions: 10x10, On Level: Main
  • Below Grade Sq Ft: 624
  • Above Grade Finished Sq Ft: 1788
  • Total Finished Sq Ft: 1788

Exterior Features

  • Exterior: Vinyl Siding, Vinyl Trim
  • Exterior Features: Deck, Porch, Storms/Screens, Street Lights
  • Foundation: Basement
  • Frontage: 77
  • Road: City/County, Paved Street
  • Out Buildings: Shed

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Parking: 2 Spaces, Garage
  • Garage: Yes

Utilities

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

Lot Info

  • Assessor Parcel Number: RL1 300 0260 00
  • Zoning: Residential
  • Lot Dimensions: 77X239X109X168
  • Acreage: 0.36
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $582.18
  • Winter Tax: Year: 2019, Amount: $674.71
  • Taxable Value: 62900
  • Total Tax: Year: 2019, Amount: $1,389.40
  • SEV Year: 2019

MLS Schools

  • School District: Addison Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2019
Closed on
Jul 8, 2019
Sold by
Robbins Eric M and Robbins Monica M
Bought by
Thomson Joshua
Seller's Agent
Jaime Gerig
Gerig Realty
Buyer's Agent
Rauletta Sanchez
Foundation Realty, LLC
List Price
$119,900
Sold Price
$127,000
Premium/Discount to List
$7,100
5.92%
Total Days on Market
7
Current Estimated Value
$175,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,973
Avg. Annual Appreciation
6.33%
Original Mortgage
$130,303
Outstanding Balance
$115,852
Interest Rate
3.82%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$65,748

Purchase Details

Closed on
May 25, 2004
Bought by
Robbins Eric M and Robbins Monica M

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
Thomson Joshua $127,000 Prestige Title
Robbins Eric M $94,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomson Joshua $130,303
Previous Owner Robbins Eric M $80,250
Previous Owner Robbins Eric M $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2019 07/08/19 Sold $127,000 +5.9% $71 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $119,900 -- $67 / 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
2024 $2,417 $66,500 $0 $0
2023 $1,529 $66,500 $0 $0
2022 $1,412 $62,800 $0 $0
2021 $2,954 $57,300 $0 $0
2020 $2,253 $62,900 $0 $0
2019 $126,077 $62,900 $0 $0
2018 $2,596 $59,269 $0 $0
2017 $1,449 $48,171 $0 $0
2016 $1,742 $37,936 $0 $0
2014 -- $41,807 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jaime Gerig

    Seller's Agent in 2019

    Jaime Gerig

    Gerig Realty

    (517) 605-5677

    21 Total Sales

    Jaime Gerig
    Section Image
  • Rauletta Sanchez

    Buyer's Agent in 2019

    Rauletta Sanchez

    Foundation Realty, LLC

    (517) 403-5169

    66 Total Sales

    Rauletta Sanchez
    Section Image
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Map

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Source: Michigan Multiple Listing Service

MLS Number: 31382273

Michigan Multiple Listing Service

APN: RL1-300-0260-00

Michigan Lenawee County Addison 49220 Adison Village

508 Lake St, Addison, MI

Homes for Sale in Addison, MI

This home is located at 508 Lake St, Addison, MI 49220 since 03 June 2019 and is currently estimated at $175,973, approximately $98 per square foot. This property was built in 1880. 508 Lake St is a home located in Lenawee County with nearby schools including Addison Elementary School, Addison Middle School, and Addison High School.

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Michigan Multiple Listing Service Source MLS: MiRealSource
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