NOT LISTED FOR SALE

5434 Lippincott Rd Lapeer, MI 48446

Estimated Value: $399,000 - $439,057

4 Beds
2.5 Baths
2,384 Sq Ft
$176/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $375,000 $157 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,569/month

21 Days on Market

Highlights

  • Home fronts a creek
  • 7.18 Acre Lot
  • Deck
  • Hill Elementary School Rated A-
  • Colonial Architecture
  • Pole Barn

About This Home

As of August 2023

Amazing, updated home on 7.18 acres with a ton of privacy. This home would be a perfect homestead or hobby farm with several fenced in pastures, two organic garden areas, multiple fruit trees, gorgeous flower beds and flowers throughout property, perennial veggies and fruits, a creek running along side property and surrounded by a tree farm for all the beauty and none of the maintenance. Birds and wildlife abound. It also boasts the most gorgeous sunrises and sunsets! It is such a peaceful setting. Home is perfect for entertaining and has a landscaped fire pit with huge rocks to sit on as well as spaces for chairs in between for those evening bonfires. Large kitchen completely remodeled in 2020. Large dining room has two full-wall pantries. 4, possibly 5 bedrooms if you add a closet. 3 of the bedrooms are huge. One of them has two finished 24'x5' storage areas off the sides of the room. Primary bedroom has a walk in closet and attached bathroom. New flooring through much of house. Office/bedroom/formal dining room has French doors to give it privacy. Central air keeps it cool and comfortable. Basement is partially finished with a wonderful bar area ready for your finishing touches, insulated pantry/canning storage area. Metal roof. 32x48 pole barn would be perfect to work on cars as it has a 2 car and a separate 1 car garage door. Or turn it back into a barn for your animals with a milk/egg room, chicken coop and a work bench already included. Barn is drywalled and insulated with a concrete floor. The fenced pastures include two free standing chicken coops as well as two movable chicken coops. There is a lovely wooded area in front with a path. The house sits back 800' from the road and has a paved driveway. There is a fenced in area behind home. Owner is licensed agent. Private hideaway yet close to Davison and Lapeer. Please note - flower beds and pastures are not currently being maintained. Pics show what the exterior looked like when it was being weeded and cared for last summer!

Last Agent to Sell the Property

Michelle Angle

Pearl Real Estate License #6501278077 Listed on: 06/21/2023

Last Buyer's Agent

Chad Martin

Real Estate One-Oxford License #6501291088

Real Estate One-Oxford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1989 | Remodeled in 2020

Lot Details

  • 7.18 Acre Lot
  • Lot Dimensions are 350x894x175x894
  • Home fronts a creek
  • Poultry Coop
  • Back Yard Fenced

Home Design

  • Colonial Architecture
  • Block Foundation
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,384 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Dishwasher
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Pole Barn

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Net Metering or Smart Meter
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 00802001301
  • $11,250 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,565

Year Built

Built in 1989 | Remodeled in 2020

Lot Details

7.18 Acres

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1989
  • State Equalized Value: 137200.0000
  • Year Renovated: 2020
  • Entry Location: Ground Level w/Steps
  • AgentOnly_ListPriceByAcre: 53621.1600
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarm, Circuit Breakers, Utility Smart Meter
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher
  • Total Sq Ft: 2384

Exterior Features

  • Roof Material: Metal
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Porch Type: Deck, Patio
  • Road Frontage Type: Paved
  • Waterfront Description: Creek
  • Fencing: Back Yard, Fenced, Invisible

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Side Entrance, Direct Access, Door Opener, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 7.18
  • Lot Dimensions: 350x894x175x894
  • Parcel Number: 00802001301
  • Percent Tiled: 30
  • Percent Wooded: 20

Tax Info

  • Tax Amount Summer: 1123.0000
  • Tax Amount Winter: 1442.0000
  • Total Tax: 2565.0000
  • Taxable Value: 116658.0000

MLS Schools

  • School District: Lapeer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Aug 21, 2023
Sold by
Lebeck Michelle
Bought by
Torony Nicholas and Torony Sarah
Seller's Agent
Michelle Angle
Pearl Real Estate
Buyer's Agent
Chad Martin
Real Estate One-Oxford
List Price
$400,000
Sold Price
$375,000
Premium/Discount to List
-$25,000
-6.25%
Views
131
Current Estimated Value
$419,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,014
Avg. Annual Appreciation
4.36%
Original Mortgage
$362,484
Outstanding Balance
$353,865
Interest Rate
6.58%
Mortgage Type
FHA
Estimated Equity
$65,149

Purchase Details

Closed on
May 25, 2018
Sold by
Lepper Albert
Bought by
Lepper Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,543
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 26, 2014
Closed on
Oct 30, 2014
Sold by
Lepper Albert and Lepper Michelle
Bought by
Lepper Albert and Lepper Michelle
Seller's Agent
Timothy Milligan
Berkshire Hathaway HomeServices MIRE
Buyer's Agent
Michelle Angle
Pearl Real Estate
List Price
$218,000
Sold Price
$197,000
Premium/Discount to List
-$21,000
-9.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%

Purchase Details

Closed on
Jul 9, 2009
Sold by
First Franklin Financial Corporation
Bought by
Fcdb 8020 Reo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,950
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2009
Sold by
Fcdb 8020 Reo Llc
Bought by
King Philip Scott and King Jeanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,950
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2008
Sold by
Deblauwe Steven F
Bought by
First Franklin Financial Corporation

Purchase Details

Closed on
May 4, 2007
Sold by
Sholtz Lynne A
Bought by
Deblauwe Steven F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
6.2%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Torony Nicholas $375,000 None Listed On Document
Lepper Michelle -- --
Lepper Albert $197,000 --
Fcdb 8020 Reo Llc -- --
King Philip Scott $145,500 --
First Franklin Financial Corporation $176,066 --
Deblauwe Steven F $243,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torony Nicholas $362,484
Previous Owner Lepper Michelle $220,543
Previous Owner King Philip Scott $130,950
Previous Owner Deblauwe Steven F $194,400
Previous Owner Deblauwe Steven F $48,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2023 08/18/23 Sold $375,000 -2.6% $157 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
07/10/2023 07/10/23 Price Changed $385,000 -3.8% $161 / Sq Ft
06/21/2023 06/21/23 For Sale $400,000 +103.0% $168 / Sq Ft
10/30/2014 10/30/14 Sold $197,000 -9.6% $94 / Sq Ft View Prior Sale
09/29/2014 09/29/14 Pending -- -- --
06/26/2014 06/26/14 For Sale $218,000 -- $104 / Sq Ft
Source: Realcomp

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 $3,954 $176,400 $0 $0
2024 $1,715 $178,700 $0 $0
2023 $1,179 $156,200 $0 $0
2022 $2,565 $137,200 $0 $0
2021 $2,347 $130,300 $0 $0
2020 $2,327 $122,200 $0 $0
2019 $2,385 $111,200 $0 $0
2018 $1,038 $109,000 $109,000 $0
2017 $2,306 $107,200 $0 $0
2016 $2,278 $105,600 $105,600 $0
2015 $1,747 $103,300 $0 $0
2014 $1,747 $90,900 $90,900 $0
2013 $1,747 $87,500 $87,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230049576

Realcomp

APN: 008-020-013-01

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