NOT LISTED FOR SALE

6997 Lakeshore Rd Lexington, MI 48450

Estimated Value: $357,370

3 Beds
1 Bath
1,560 Sq Ft
$229/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $267,000 $171 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,225/month

Highlights

  • Access To Lake
  • Porch
  • Bungalow
  • Home Office
  • Patio
  • Forced Air Heating System

About This Home

As of March 2021

Retiring? Entrepreneur? Or looking to get out of the rat race. Here's a perfect opportunity to make a living helping your customers create great memories. Live & Work in this quaint, vintage year-round home with a 7-unit motel in the closer-up-north of Lexington! A new kitchen has just been installed on the main floor. An optional gift shop is currently housed in what could be a very cozy living room with natural light coming from the newer windows. The motel is thriving with bookings already secured for much of 2019. Truly a turn-key operation where you can live and play with the HOA deeded lake access. Showings prior to an offer will only be by reviewing the video tour and the photos.

Last Agent to Sell the Property

Rita Dahmen

Premier Properties Inc License #MISPE-6501373365 Listed on: 04/16/2018

Premier Properties Inc

Last Buyer's Agent

Charles Nantroup

Town & Country Realty-Lexington License #MISPE-6501411524

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 100 x 160

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 3 Car Parking Spaces

Home Design

  • Bungalow
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property
  • Home Office
  • Laundry on upper level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Access To Lake
  • Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • Great Lake Beach HOA

Listing and Financial Details

  • Assessor Parcel Number 261-303-004-261-10

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,809

Year Built

Built in 1940

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Residential
  • Architecture Style: Bungalow
  • Structure Style: 2 Story
  • Total Tax Amount: 3809
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 12 x 12
  • Bedroom 2: On Upper Floor, Dimensions: 10 x 12
  • Bedroom 3: On Upper Floor, Dimensions: 10 x 10
  • Bathrooms Description: Second Flr Full Bathroom
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Upper
  • Room Types: Second Floor Laundry, Home Office
  • Laundry: On Upper Floor
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1560
  • Total Finished Sq Ft: 1560

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Patio, Porch
  • Foundation: Slab
  • Frontage: 160
  • Lake Name: Lake Huron
  • Road: City/County, Paved Street
  • Water Features: All Sports Lake, Lake/River Access
  • Sideof Street: E

Garage/Parking

  • Parking: 3 or More Spaces
  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public At Street, Septic
  • Water: Public Water

Condo/Co-op/Association

  • HOA Fees: 150
  • HOA Fee Frequency: Yearly
  • Association Contact: Great Lake Beach
  • Association Phone: 810-359-000
  • Association Fee: Yes

Lot Info

  • Assessments: 894
  • Assessments: Yes
  • Assessor Parcel Number: 261-303-004-261-10
  • Zoning: Commercial, Residential
  • Location: Main Street
  • Lot Description: Large Lot - 65+ Ft.
  • Lot Dimensions: 100 x 160
  • Acreage: 0.37
  • Geo Subdivision: MI

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Summer Tax: Year: 2017, Amount: $364.00
  • Winter Tax: Year: 2017, Amount: $3,445.00
  • Total Tax: Amount: $3,809.00

MLS Schools

  • School District: Croswell Lexington Comm SD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2018
Closed on
Mar 19, 2021
Sold by
Prop Llc Co0
Bought by
Micallef Vincent M and Micallef Renea B
Seller's Agent
Rita Dahmen
Premier Properties Inc
Buyer's Agent
Charles Nantroup
Town & Country Realty-Lexington
List Price
$264,900
Sold Price
$267,000
Premium/Discount to List
$2,100
0.79%
Current Estimated Value
$357,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,370
Avg. Annual Appreciation
5.83%
Original Mortgage
$200,000
Interest Rate
2.73%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Micallef Vincent M $267,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Micallef Vincent M $220,000
Closed Micallef Vincent M $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $267,000 +0.8% $171 / Sq Ft
01/04/2021 01/04/21 For Sale $264,900 -0.8% $170 / Sq Ft
12/30/2020 12/30/20 Off Market $267,000 -- --
12/30/2020 12/30/20 Pending -- -- --
07/25/2020 07/25/20 For Sale $264,900 -0.8% $170 / Sq Ft
04/30/2020 04/30/20 Off Market $267,000 -- --
04/04/2019 04/04/19 For Sale $264,900 -0.8% $170 / Sq Ft
03/31/2019 03/31/19 Off Market $267,000 -- --
11/07/2018 11/07/18 For Sale $264,900 -0.8% $170 / Sq Ft
10/31/2018 10/31/18 Off Market $267,000 -- --
09/13/2018 09/13/18 Price Changed $264,900 -1.9% $170 / Sq Ft
04/16/2018 04/16/18 For Sale $269,900 -- $173 / 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 $3,894 $111,900 $0 $0
2024 $710 $104,300 $0 $0
2023 $677 $91,900 $0 $0
2022 $2,926 $63,500 $0 $0
2021 $2,302 $68,600 $0 $0
2020 $3,003 $55,100 $0 $0
2019 $760 $63,100 $0 $0
2018 $3,773 $45,700 $0 $0
2017 $3,809 $37,300 $0 $0
2016 $360 $35,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31344749

Michigan Multiple Listing Service

APN: 261-303-004-261-10