NOT LISTED FOR SALE

7127 Lake St Lexington, MI 48450

Estimated Value: $343,000 - $443,000

5 Beds
3 Baths
2,869 Sq Ft
$137/Sq Ft Est. Value

Last Sold November 04, 2020

Last sale price $220,000 $77 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,558/month

92 Days on Market

Highlights

  • Access To Lake
  • Wood Flooring
  • 3 Car Detached Garage
  • Deck
  • Farmhouse Style Home
  • Porch

About This Home

As of November 2020

HISTORIC FEDERAL-STYLE BRICK HOME IN THE VILLAGE - Spacious 2800+ sq ft home with tons of possibilities. 5/6 Bedrooms, 3 baths, LR with built in bookcase, wet bar and window seat, formal dining room, den/family room, plank and hardwood floors and original touches throughout. Lovely covered porch on the south, deck on the North side. Beautifully landscaped fenced yard. Access to Lake Huron at the end of Lake Street.

Last Agent to Sell the Property

Virginia McNabb

Town & Country Realty-Lexington License #MISPE-6506039284 Listed on: 07/28/2020

Last Buyer's Agent

Virginia McNabb

Town & Country Realty-Lexington License #MISPE-6506039284 Listed on: 07/28/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1860

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 158x140
  • Historic Home

Parking

  • 3 Car Detached Garage

Home Design

  • Farmhouse Style Home
  • Brick Exterior Construction

Interior Spaces

  • 2,869 Sq Ft Home
  • 2-Story Property
  • Bay Window

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Deck
  • Patio
  • Porch

Location

  • Property is near schools

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 152-036-100-100-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,808

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type: Historic
  • Type Of Property: Residential
  • Architecture Style: Farm House
  • Structure Style: 2 Story
  • Total Tax Amount: 2808
  • Total Tax Year: 2019
  • Year Built: 1860
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bay Window
  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5
  • Bedroom 1: On 1st Floor, Dimensions: 20 x 16
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On 2nd Floor, Dimensions: 13 x 10
  • Bedroom 2 Floor Covering: Wood
  • Bedroom 3: On 2nd Floor, Dimensions: 14 x 11
  • Bedroom 3 Floor Covering: Wood
  • Bedroom 4: On 2nd Floor, Dimensions: 15 x 14
  • Bedroom 4 Floor Covering: Wood
  • Bedroom 5: On 2nd Floor, Dimensions: 18 x 15
  • Bedroom 5 Floor Covering: Wood
  • Bathrooms Description: MstrBdrm Full Bathroom
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Bathroom 1: Dimensions: 6 x 9, On Level: First, Flooring: Vinyl
  • Bathroom 2: Dimensions: 10 x 5, On Level: First, Flooring: Vinyl
  • Bathroom 3: Dimensions: 9 x 5, On Level: Second, Flooring: Wood
  • Dining Room: On 1st Floor, Dimensions: 15 x 16
  • Dining Room Floor Covering: Wood
  • Kitchen: On 1st Floor, Dimensions: 15 x 12
  • Kitchen Features: Formal Dining Room
  • Kitchen Floor Covering: Vinyl
  • Laundry: On 1st Floor, Dimensions: 10 x 10
  • Laundry Room Floor Covering: Vinyl
  • Library Den: On 1st Floor, Dimensions: 16 x 12
  • Library Den Floor Covering: Carpet
  • Living Room: On 1st Floor, Dimensions: 32 x 16
  • Living Room Floor Covering: Carpet
  • Other Room1: Dimensions: 11x6, On Level: First, Flooring: Concrete
  • Other Room 2: Dimensions: 11x16, On Level: Second, Flooring: Wood
  • Below Grade Sq Ft: 1000
  • Above Grade Finished Sq Ft: 2869
  • Total Finished Sq Ft: 2869

Exterior Features

  • Exterior: Brick
  • Exterior Features: Deck, Patio, Porch
  • Foundation: Michigan Basement
  • Frontage: 158
  • Water Features: Lake/River Access

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 3
  • Parking: 3 or More Spaces
  • Garage: Yes

Utilities

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

Schools

  • Elementary School: Meyer
  • Middle School: CL
  • High School: CL

Lot Info

  • Assessor Parcel Number: 152-036-100-100-00
  • Location: Walk to School
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft., Irregular
  • Lot Dimensions: 158x140
  • Acreage: 0.51
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $1,824.00
  • Winter Tax: Year: 2019, Amount: $983.00
  • Taxable Value: 85480
  • Total Tax: Year: 2019, Amount: $2,808.00
  • Village Tax: 957
  • Village Tax Year: 2019
  • SEV Year: 2019

MLS Schools

  • School District: Croswell Lexington Comm SD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2020
Closed on
Nov 4, 2020
Sold by
Schulte Leon E
Bought by
Jeremiah Delia J
Seller's Agent
Virginia McNabb
Town & Country Realty-Lexington
Buyer's Agent
Virginia McNabb
Town & Country Realty-Lexington
List Price
$279,900
Sold Price
$220,000
Premium/Discount to List
-$59,900
-21.4%
Current Estimated Value
$399,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,583
Avg. Annual Appreciation
13.11%

Purchase Details

Closed on
Oct 24, 2019
Sold by
Schulte Leon E
Bought by
Schulte Leon E

Purchase Details

Closed on
Oct 1, 2019
Sold by
Schulte Judith A
Bought by
Schulte Leon E
Source: Public Records

Range of Values:

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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
Jeremiah Delia J $220,000 --
Schulte Leon E -- --
Schulte Leon E -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2020 11/04/20 Sold $220,000 -12.0% $77 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
10/28/2020 10/28/20 Price Changed $250,000 -7.4% $87 / Sq Ft
09/29/2020 09/29/20 Price Changed $269,900 -3.6% $94 / Sq Ft
07/28/2020 07/28/20 For Sale $279,900 -- $98 / 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 $4,215 $202,400 $0 $0
2024 $2,517 $189,300 $0 $0
2023 $2,422 $123,200 $0 $0
2022 $5,573 $111,900 $0 $0
2021 $5,410 $106,600 $0 $0
2020 $2,847 $101,800 $0 $0
2019 $2,808 $96,500 $0 $0
2018 $2,749 $99,300 $0 $0
2017 $2,699 $98,900 $0 $0
2016 $1,755 $88,600 $0 $0
2015 -- $85,300 $0 $0
2014 -- $96,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50018965

Michigan Multiple Listing Service

APN: 152-036-100-100-00