NOT LISTED FOR SALE

5797 Babcock Rd Lexington, MI 48450

Estimated Value: $369,000 - $428,000

3 Beds
2 Baths
2,080 Sq Ft
$196/Sq Ft Est. Value

Last Sold September 29, 2020

Last sale price $279,000 $134 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,472/month

6 Days on Market

About This Home

As of September 2020

MULTIPLE OFFER SITUATION- All offers must be submitted by Tuesday, August 11, 2020 at 5 P.M. This newer built, ranch home has been built and maintained with quality and care. Pride of ownership shows in every aspect of this home. Pioneer cabinets, granite counter tops, tile bathrooms, engineered hardwood flooring, Hunter Douglas blinds and so many other features make this a top quality home. Extra tall basement has daylight windows giving you extra, usable space. Storage shed. Spacious deck designed for entertaining and enjoying the back yard views. Fenced for the kids and pets to play without worry. Master bath is a MUST SEE! Buyer/BATVAI

Last Agent to Sell the Property

Jamie Daws

Town & Country Realty-Lexington License #MISPE-6501318261 Listed on: 08/06/2020

Last Buyer's Agent

Michael Rickerman

Epique Inc. License #MISPE-6506045489

Epique Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2015

Lot Details

  • 1.3 Acre Lot
  • Lot Dimensions are 151.4'x375'

Parking

  • 2 Car Garage

Home Design

  • 2,080 Sq Ft Home
  • Ranch Style House
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Septic Tank

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 15003630002003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,627

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 3627.08
  • Year Built: 2015
  • Mail City: Lexington
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 12 x 16
  • Bedroom 2: On Main Floor, Dimensions: 12 x 12
  • Bedroom 3: On Main Floor, Dimensions: 12 x 12
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Dining Room: On Main Floor, Dimensions: 12 x 16
  • Kitchen: On Main Floor, Dimensions: 10 x 10
  • Living Room: On Main Floor, Dimensions: 18 x 21
  • Other Room1: Dimensions: 16x30, On Level: Upper
  • Below Grade Sq Ft: 2000
  • Above Grade Finished Sq Ft: 2080
  • Total Finished Sq Ft: 2080

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Basement
  • Frontage: 152

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 15003630002003
  • Lot Dimensions: 151.4'x375'
  • Acreage: 1.3
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $919.62
  • Winter Tax: Year: 2019, Amount: $2,707.46
  • Total Tax: Amount: $3,627.08

MLS Schools

  • School District: Croswell Lexington Comm SD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Sep 29, 2020
Sold by
Knappins Travis R and Knappins Katrina
Bought by
Wallace Andrea L and Wallace Mencavage A
Seller's Agent
Jamie Daws
Town & Country Realty-Lexington
Buyer's Agent
Michael Rickerman
Epique Inc.
List Price
$279,900
Sold Price
$279,000
Premium/Discount to List
-$900
-0.32%
Current Estimated Value
$406,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,953
Avg. Annual Appreciation
7.55%
Original Mortgage
$176,000
Outstanding Balance
$126,010
Interest Rate
2.39%
Mortgage Type
New Conventional
Estimated Equity
$272,627

Purchase Details

Listed on
Sep 7, 2015
Closed on
Nov 20, 2015
Sold by
Brown Gregory G and Brown Vanessa
Bought by
Knappins Travis R
Seller's Agent
Michael Sheridan
Sheridan Real Estate LLC
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$229,900
Sold Price
$227,000
Premium/Discount to List
-$2,900
-1.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%
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
Wallace Andrea L $279,000 First American Title Insurance
Knappins Travis R $229,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Andrea L $176,000
Previous Owner Knappins Travis $11,371
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2020 09/29/20 Sold $279,000 -0.3% $134 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $279,900 +23.3% $135 / Sq Ft
11/18/2015 11/18/15 Sold $227,000 -1.3% $109 / Sq Ft
10/22/2015 10/22/15 Pending -- -- --
09/07/2015 09/07/15 For Sale $229,900 -- $111 / 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 $3,065 $227,900 $0 $0
2024 $1,278 $213,600 $0 $0
2023 $1,217 $148,900 $0 $0
2022 $2,494 $134,600 $0 $0
2021 $4,426 $110,600 $0 $0
2020 $3,695 $105,400 $0 $0
2019 $3,627 $100,200 $0 $0
2018 $3,542 $97,000 $0 $0
2017 $3,470 $96,600 $0 $0
2016 $872 $85,900 $0 $0
2015 -- $40,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50019710

Michigan Multiple Listing Service

APN: 150-036-300-020-03