$97,000
SOLD DEC 23, 2019

509 Lake St Addison, MI 49220

2 Beds
1 Bath
1,133 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$86 Per Sq Ft

22 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • Living Room
  • Ceiling Fan

About This Home

As of July 2021

Comfortable 2 bedroom 1.5 bath home with extra bedroom in basement. This home features newer windows, furnace and ac, garage door, water heater, 12x11 deck, metal roof and gutters. The home has been freshly painted and ready for its new owner. There is a privacy fence plus new cement front patio. All these features and priced right. Come view this fantastic home!

Last Agent to Sell the Property

Steve Brandt

Xsell Realty License #LCAR-6502381234 Listed on: 11/14/2019

Last Buyer's Agent

Chad Conrad

Front Street Realty License #LCAR-6501385708

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1965

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 75x50

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on lower level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Assrs 1 Adison Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number RL1-300-0270-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,160

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Originating MLS: Lenawee County Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 1160
  • Total Tax Year: 2019
  • Year Built: 1965
  • Mail City: Addison
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Yes
  • Basement: Full, Partially Finished
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 11 x 12
  • Bedroom 2: On 1st Floor, Dimensions: 11 x 11
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Below Grade Bedrooms: 1
  • Bathroom 1: On Level: First
  • Room Types: First Floor Bedroom, Living Room, Lower Level Laundry
  • Kitchen: On 1st Floor, Dimensions: 14 x 11
  • Laundry: In Basement
  • Living Room: On 1st Floor, Dimensions: 12 x 17
  • Other Room1: Dimensions: 10x11, On Level: Basement
  • Below Grade Sq Ft: 768
  • Finished Below Grade Sq Ft: 365
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 768
  • Total Finished Sq Ft: 1133

Exterior Features

  • Exterior: Wood
  • Exterior Features: Deck
  • Foundation: Basement
  • Frontage: 75
  • Road: Paved Street, City/County

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Cooling: Ceiling Fan(s), Central A/C

Lot Info

  • Assessor Parcel Number: RL1-300-0270-00
  • Zoning: Residential
  • Lot Dimensions: 75x50
  • Acreage: 0.24
  • Geo Subdivision: MI
  • Site/Lot Features: Main Street

Tax Info

  • Summer Tax: Year: 2018, Amount: $711.00
  • Winter Tax: Year: 2018, Amount: $449.00
  • Taxable Value: 34494
  • Total Tax: Year: 2019, Amount: $1,160.00
  • SEV Year: 2020

MLS Schools

  • School District: Addison Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Jul 23, 2021
Sold by
Vanderlooven Stephanie M
Bought by
Mynhier Lacy
Seller's Agent
Chad Conrad
Front Street Realty
Buyer's Agent
Kayla Dominique
HOWARD HANNA REAL ESTATE SERVI
List Price
$124,900
Sold Price
$125,000
Premium/Discount to List
$100
0.08%
Current Estimated Value
$155,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,862
Avg. Annual Appreciation
5.67%
Original Mortgage
$121,250
Outstanding Balance
$110,588
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$45,274

Purchase Details

Listed on
Nov 14, 2019
Closed on
Dec 23, 2019
Sold by
Caudill James E
Bought by
Caudill Charlotte E
Seller's Agent
Steve Brandt
Xsell Realty
Buyer's Agent
Chad Conrad
Front Street Realty
List Price
$97,000
Sold Price
$97,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.29%
Original Mortgage
$82,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2012
Sold by
Reynolds Ilah
Bought by
Reynolds Harold O and Reynolds David J

Purchase Details

Closed on
Jul 16, 2012
Sold by
Reynolds Russell W
Bought by
Reynolds Ilah
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 Type Sale Price Title Company
Warranty Deed $125,000 None Available
Warranty Deed $97,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer $41,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $121,250 Purchase Money Mortgage
Previous Owner $82,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $125,000 +0.1% $72 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $124,900 +28.8% $72 / Sq Ft
12/23/2019 12/23/19 Sold $97,000 0.0% $86 / Sq Ft
12/06/2019 12/06/19 Pending -- -- --
11/14/2019 11/14/19 For Sale $97,000 +49.2% $86 / Sq Ft
08/28/2015 08/28/15 Sold $65,000 0.0% $38 / Sq Ft
08/28/2015 08/28/15 Sold $65,000 -5.8% $68 / Sq Ft
08/20/2015 08/20/15 For Sale $69,000 -- $72 / Sq Ft
08/13/2015 08/13/15 Pending -- -- --
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 $1,525 $70,000 $0 $0
2024 $938 $48,600 $0 $0
2023 $1,147 $48,600 $0 $0
2022 $973 $44,400 $0 $0
2021 $1,353 $39,500 $0 $0
2020 $1,432 $43,000 $0 $0
2019 $98,394 $43,000 $0 $0
2018 $1,161 $39,768 $0 $0
2017 $1,131 $37,683 $0 $0
2016 $1,121 $29,851 $0 $0
2014 -- $35,561 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50000164

Michigan Multiple Listing Service

APN: RL1-300-0270-00