NOT LISTED FOR SALE

5238 Independence Ln Lexington, MI 48450

Estimated Value: $62,000 - $108,000

1 Bed
1 Bath
500 Sq Ft
$104/mo HOA Fee

Last Sold August 03, 2018

Last sale price $35,000 $70 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $608/month

29 Days on Market

Highlights

  • Outdoor Pool
  • Community Wi-Fi
  • Patio
  • Clubhouse
  • Porch
  • 1-minute walk to Lexington Pavilion

About This Home

As of August 2018

GREAT cottage living at an affordable price. Just 1/2 mile from Downtown Lexington. Come and enjoy the First Resort North and relax and take in all that the Lexington RV Resort has to offer. This park offers Heated pool, Pavilion, Clubhouse, Bath House Playground and Laundry Facility. This cottage is turnkey with all furnishings included. RV Resort is located within walking distance to Lake Huron and downtown Lexington's Restaurants, Shops, Theater, and Harbor.

Last Agent to Sell the Property

Tracy Kritzman

Town & Country Realty-Lexington License #MISPE-6501378946 Listed on: 06/14/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1990

Lot Details

  • 1

HOA Fees

  • $104 Monthly HOA Fees

Home Design

  • Pillar, Post or Pier Foundation
  • Vinyl Siding

Interior Spaces

  • 500 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Pool
  • Patio
  • Porch

Utilities

  • Central Air
  • Floor Furnace
  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 152-025-400-800-50

Community Details

Overview

  • Association fees include hoa
  • Subdivision Plan No 4 Lot No 50
  • Maintained Community

Amenities

  • Clubhouse
  • Community Wi-Fi

Pet Policy

  • Dogs Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$662

Year Built

Built in 1990

Lot Details

0

HOA Fees

$104 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Condominium
  • Structure Style: Condo/Apt 1st Flr
  • Total Tax Amount: 662
  • Year Built: 1990
  • Mail City: Lexington
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Microwave, Range/Oven, Refrigerator
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Above Grade Finished Sq Ft: 500

Exterior Features

  • Pool: Yes
  • Exterior: Vinyl Siding
  • Exterior Features: Patio, Porch
  • Foundation: Piller/Post/Pier
  • Water Features: All Sports Lake

Garage/Parking

  • Garage: No

Utilities

  • Heating: Floor Furnace
  • Heating Fuel: LP/Propane Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Cooling: Ceiling Fan(s), Central A/C

Condo/Co-op/Association

  • HOA Fee Includes: Hoa
  • HOA Fees: 625
  • HOA Fee Frequency: Semi-Annual
  • Community Features: Club House, Grounds Maintenance, Security, Street Lights, Pets-Allowed, Private Entry, Dogs Allowed, Wi-Fi Available
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 152-025-400-800-50
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2017, Amount: $228.00
  • Winter Tax: Year: 2017, Amount: $314.00
  • Total Tax: Amount: $662.00
  • Village Tax: 120
  • Village Tax Year: 2017

MLS Schools

  • School District: Croswell Lexington Comm SD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2018
Closed on
Aug 3, 2018
Sold by
Allan D
Bought by
Seres Lt
Seller's Agent
Tracy Kritzman
Town & Country Realty-Lexington
List Price
$39,900
Sold Price
$35,000
Premium/Discount to List
-$4,900
-12.28%
Current Estimated Value
$79,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,958
Avg. Annual Appreciation
12.65%

Purchase Details

Listed on
Jan 5, 2017
Closed on
May 26, 2017
Sold by
Martin Michael E
Bought by
Roberts Allan and Roberts Sandra K
Seller's Agent
Malinda S. Kelly
Town & Country Realty-Lexington
Buyer's Agent
Tracy Kritzman
Town & Country Realty-Lexington
List Price
$34,900
Sold Price
$28,000
Premium/Discount to List
-$6,900
-19.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.82%

Purchase Details

Listed on
Jul 12, 2015
Closed on
Sep 25, 2015
Sold by
Laduke Gregory
Bought by
Martin Michael E
Seller's Agent
Virginia McNabb
Town & Country Realty-Lexington
Buyer's Agent
Malinda S. Kelly
Town & Country Realty-Lexington
List Price
$35,000
Sold Price
$22,000
Premium/Discount to List
-$13,000
-37.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.44%

Purchase Details

Closed on
Apr 14, 2009
Sold by
Carroll Robert E
Bought by
Laduke Gregory A

Purchase Details

Closed on
Oct 20, 2005
Sold by
Brock Virginia and King Barbara
Bought by
Carroll Robert and Mary Ann
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
Seres Lt $25,000 --
Roberts Allan $19,000 None Available
Martin Michael E $18,000 --
Laduke Gregory A $24,000 --
Carroll Robert $15,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2018 08/03/18 Sold $35,000 -12.3% $70 / Sq Ft
07/13/2018 07/13/18 Pending -- -- --
06/14/2018 06/14/18 For Sale $39,900 +42.5% $80 / Sq Ft
05/29/2017 05/29/17 Sold $28,000 -14.9% $56 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
05/01/2017 05/01/17 Price Changed $32,900 -5.7% $66 / Sq Ft
04/21/2017 04/21/17 For Sale $34,900 0.0% $70 / Sq Ft
03/20/2017 03/20/17 Pending -- -- --
01/05/2017 01/05/17 For Sale $34,900 +58.6% $70 / Sq Ft
09/25/2015 09/25/15 Sold $22,000 -37.1% $44 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
07/12/2015 07/12/15 For Sale $35,000 -- $70 / 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
2025 $816 $16,900 $0 $0
2024 $320 $15,800 $0 $0
2023 $308 $15,500 $0 $0
2022 $708 $14,000 $0 $0
2021 $682 $13,500 $0 $0
2020 $674 $13,600 $0 $0
2019 $663 $13,000 $0 $0
2018 $578 $11,300 $0 $0
2017 $542 $11,300 $0 $0
2016 $227 $10,500 $0 $0
2015 -- $10,300 $0 $0
2014 -- $10,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31350723

Michigan Multiple Listing Service

APN: 152-025-400-800-50