NOT LISTED FOR SALE

700 Peppermill Rd Lapeer, MI 48446

Estimated Value: $260,000 - $321,000

3 Beds
1.5 Baths
2,328 Sq Ft
$123/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $131,000 $56 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,669/month

25 Days on Market

Highlights

  • 2 Acre Lot
  • Ranch Style House
  • 2 Car Attached Garage
  • Deck
  • No HOA
  • Ceiling Fan

About This Home

As of May 2018

Fabulous location. Country Feel 1/2 mile east of Lapeer. Nice lot with privacy without a view of the neighbors. Two acres with field in the back. Large house with "elbow" room. Very unique home with cathedral ceilings and skylights.

Last Agent to Sell the Property

Jeanne McCorkle

Exit Realty Group License #6501288248 Listed on: 04/02/2018

Exit Realty Group

Last Buyer's Agent

Nora Utley

Sine & Monaghan LLC License #6501388101

Sine & Monaghan LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1962

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 350 x 249

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete

Interior Spaces

  • 2,328 Sq Ft Home
  • Ceiling Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Liquid Propane Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 01200900200

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,637

Year Built

Built in 1962

Lot Details

2 Acres

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Refrigerator, Range/Stove
  • Total Sq Ft: 2328

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Poured
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: LP Gas/Propane
  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard
  • Sewer: Septic Tank (Existing)
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 72450.0000
  • Lot Size Area: 2.00
  • Lot Dimensions: 350 x 249
  • Parcel Number: 01200900200

Tax Info

  • Tax Amount Summer: 778.0000
  • Tax Amount Winter: 859.0000
  • Total Tax: 1637.0000

MLS Schools

  • School District: Lapeer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2018
Closed on
May 31, 2018
Sold by
Shipman Debra J
Bought by
Brennan Jon M
Seller's Agent
Jeanne McCorkle
Exit Realty Group
Buyer's Agent
Nora Utley
Sine & Monaghan LLC
List Price
$149,900
Sold Price
$131,000
Premium/Discount to List
-$18,900
-12.61%
Current Estimated Value
$285,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,243
Avg. Annual Appreciation
10.53%
Original Mortgage
$112,296
Outstanding Balance
$96,160
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$189,083

Purchase Details

Closed on
Feb 2, 2015
Sold by
Shipman Brian J and Shipman Debra J
Bought by
Sitto Ola Michael

Purchase Details

Closed on
Jun 16, 2009
Sold by
Novastar Mortgage Inc
Bought by
Shiver Orus L and Shiver Deborah S

Purchase Details

Closed on
Dec 5, 2007
Sold by
Tait James M and Tait Milada
Bought by
Novastar Mortgage Inc

Purchase Details

Closed on
Nov 14, 2007
Sold by
Tait James M and Tait Milada
Bought by
Novastar Mortgage Inc
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
Brennan Jon M $131,000 --
Shipman Debra J $75,000 --
Sitto Ola Michael $70,000 --
Shipman Debra J $99,000 --
Shiver Orus L $97,000 --
Novastar Mortgage Inc $136,000 --
Novastar Mortgage Inc $37,384 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shipman Debra J $112,296
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2018 05/31/18 Sold $131,000 -9.6% $56 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
04/12/2018 04/12/18 Price Changed $144,900 -3.3% $62 / Sq Ft
04/02/2018 04/02/18 For Sale $149,900 -- $64 / 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 $2,445 $133,000 $0 $0
2024 $1,094 $124,400 $0 $0
2023 $1,045 $116,900 $0 $0
2022 $2,219 $111,000 $0 $0
2021 $2,027 $104,400 $0 $0
2020 $2,010 $97,900 $0 $0
2019 $2,053 $95,900 $0 $0
2018 $1,695 $78,500 $78,500 $0
2017 $1,638 $79,100 $0 $0
2016 $1,645 $79,100 $79,100 $0
2015 $1,063 $0 $0 $0
2014 $1,063 $66,700 $66,700 $0
2013 $1,063 $56,300 $56,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218026780

Realcomp

APN: 012-009-002-00

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