NOT LISTED FOR SALE

516 N Lapeer St Davison, MI 48423

Estimated Value: $163,538 - $183,000

3 Beds
1 Bath
908 Sq Ft
$191/Sq Ft Est. Value

Last Sold December 08, 2017

Last sale price $90,000 $99 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,107/month

33 Days on Market

Highlights

  • No HOA
  • 1 Car Detached Garage
  • Bungalow
  • Hill Elementary School Rated A-
  • Enclosed patio or porch
  • Attic Fan

About This Home

As of December 2017

You are guaranteed to fall in love with this quaint bungalow in the City of Davison! This home has tons of natural light, wood floors throughout, and a recently updated bathroom. This is the perfect location if you are commuting to work, or if you work locally as everything is within walking distance. Parks, shopping, and schools are close by. Newer, one car detached garage is perfect for your tools or vehicle. Beautiful landscaping. Fenced-in yard would be perfect for pets or small children. This home will be virtually maintenance free as the furnace, hot water heater, and central air unit are ALL LESS THAN A YEAR OLD and the roof and windows have been replaced within the last 10 years! Call to schedule a showing, this one won't last long!

Last Listed By

Sarah Walker

Coldwell Banker Professionals License #6501388591 Listed on: 09/15/2017

Coldwell Banker Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $182

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 43x132x43x132

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 908 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement
  • Natural lighting in basement
  • Attic Fan

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Community Details

  • No Home Owners Association
  • E W Risings Second Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5210504004
  • $1,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$182

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Unfinished
  • Kitchen Appliances: Dishwasher, Microwave, Refrigerator, Range/Stove
  • Sq Ft Combined: 908
  • Total Sq Ft: 908
  • Sq Ft Total Bsmt: 908

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement, Michigan Basement
  • Construction Materials: Brick, Wood
  • Exclusions: Yes
  • Foundation Materials: Block, Stone
  • Frontage Feet: 43
  • Porch Type: Porch - Enclosed
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Attic Fan, Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Davison

Lot Info

  • Homestead: Yes
  • List Price per Acre: 761538.4615
  • Lot Size Area: 0.13
  • Lot Dimensions: 43x132x43x132
  • Parcel Number: 5210504004

Tax Info

  • Tax Amount Summer: 182.0000
  • Total Tax: 182.0000

MLS Schools

  • School District: Davison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2017
Closed on
Dec 8, 2017
Sold by
Yerkes Jerry D and Yerkes Nicholl
Bought by
Kendall Joseph F and Kendall Gina M
Seller's Agent
Sarah Walker
Coldwell Banker Professionals
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$11,000
Sold Price
$90,000
Premium/Discount to List
$79,000
718.18%
Total Days on Market
33
Current Estimated Value
$173,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,635
Avg. Annual Appreciation
9.22%
Original Mortgage
$630,000
Outstanding Balance
$536,566
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
-$362,931

Purchase Details

Closed on
Dec 8, 2009
Sold by
Secretary Of Veterans Affairs
Bought by
Yerkes Jerry D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,814
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 2009
Sold by
Taylor Bean & Whitaker Mortgage Corp
Bought by
Department Of Veterans Affairs

Purchase Details

Closed on
Mar 11, 2009
Sold by
Davis Nick and Davis Nick L
Bought by
Taylor Bean & Whitaker Mortgage Corp

Purchase Details

Closed on
Feb 22, 2008
Sold by
Stimson Joel R and Stimson Corrine L
Bought by
Davis Nick L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,021
Interest Rate
5.51%
Mortgage Type
VA

Purchase Details

Closed on
May 5, 2006
Sold by
Stimson Alice
Bought by
Stimson Joel R and Stimson Corrine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.39%
Mortgage Type
Fannie Mae Freddie Mac

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
Kendall Joseph F $90,000 Fidelity National Title
Yerkes Jerry D $59,900 Progressive Title
Department Of Veterans Affairs -- None Available
Taylor Bean & Whitaker Mortgage Corp $78,435 None Available
Davis Nick L $94,000 Sargents Title Company
Stimson Joel R -- Michigan Bankers Title Of Fl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kendall Joseph F $63,300
Open Kendall Joseph F $630,000
Previous Owner Yerkes Jerry D $58,814
Previous Owner Davis Nick $96,021
Previous Owner Stimson Joel R $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2017 12/08/17 Sold $90,000 -9.1% $99 / Sq Ft
10/18/2017 10/18/17 Pending -- -- --
09/26/2017 09/26/17 Price Changed $99,000 +800.0% $109 / Sq Ft
09/15/2017 09/15/17 For Sale $11,000 -- $12 / 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 $1,726 $64,700 $0 $0
2023 $1,656 $60,600 $0 $0
2022 $3,360 $57,400 $0 $0
2021 $3,168 $55,000 $0 $0
2020 $1,437 $54,400 $0 $0
2019 $1,419 $49,900 $0 $0
2018 $2,855 $43,200 $0 $0
2017 $1,458 $35,600 $0 $0
2016 $182 $0 $0 $0
2015 $1,443 $29,300 $0 $0
2012 -- $28,400 $28,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217084018

Realcomp

APN: 52-10-504-004