NOT LISTED FOR SALE

7277 Lehring Rd Bancroft, MI 48414

Estimated Value: $264,000 - $300,000

2 Beds
1 Bath
1,360 Sq Ft
$206/Sq Ft Est. Value

Last Sold February 23, 2023

Last sale price $230,000 $169 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,737/month

140 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Ranch Style House
  • 3 Car Detached Garage
  • Deck
  • No HOA
  • Porch

About This Home

As of February 2023

Private 2 acre setting along river -no flood insurance required! Home Warranty provided & concessions offered to buyer to buy down rate! Private setting, mature trees line property for this 2 bedroom, 1 bathroom ranch home. Vaulted ceilings and fresh 4 season room. Lots of room for extras with 3 car garage, pole barn and full basement. New garage door and opener included with sale. Newer dimensional asphalt shingle roof. Less than a 1/4 mile off pavement for road and paved driveway. Ease commute to Lansing/Flint/Howell/Fenton, Located between I69 and I96. Shiawassee County Well and septic inspection completed.

Last Agent to Sell the Property

Jessica Boillat Wilcox

Harper Jackson Real Estate Services License #6504408009 Listed on: 08/19/2022

Last Buyer's Agent

Amber Rivera

Full Circle Real Estate Group LLC License #6501437303

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1972

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 109x547x80x131x588
  • 80 Feet of Waterfront
  • River Front

Parking

  • 3 Car Detached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,360 Sq Ft Home
  • Partially Finished Basement
  • Sump Pump

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0160830001100

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,657

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 65.00
  • Year Built: 1972
  • State Equalized Value: 89000.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1660
  • Sq Ft Lower Floor: 300
  • Total Sq Ft: 1360
  • Sq Ft Total Bsmt: 1036

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Shiawassee River
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 109
  • Porch Type: Deck, Porch
  • Road Frontage Type: Gravel
  • Water Frontage Feet: 80.00
  • Waterfront Description: River Front

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Oil
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Byron

Lot Info

  • Homestead: Yes
  • Lot Size Area: 2.00
  • Lot Dimensions: 109x547x80x131x588
  • Parcel Number: 0160830001100
  • Percent Wooded: 20

Tax Info

  • Tax Amount Summer: 738.0000
  • Tax Amount Winter: 919.0000
  • Total Tax: 1657.0000
  • Taxable Value: 63734.0000

MLS Schools

  • School District: Byron

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Feb 23, 2023
Sold by
Erdman Cheryl and Erdman Martin
Bought by
Otoole Lauren and Jamick Christopher Patrick
Seller's Agent
Jessica Boillat Wilcox
Harper Jackson Real Estate Services
Buyer's Agent
Amber Rivera
Full Circle Real Estate Group LLC
List Price
$265,000
Sold Price
$230,000
Premium/Discount to List
-$35,000
-13.21%
Views
136
Current Estimated Value
$280,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,597
Avg. Annual Appreciation
3.43%
Original Mortgage
$184,000
Outstanding Balance
$178,637
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$72,285

Purchase Details

Closed on
Jan 22, 2016
Sold by
Hunter Blake
Bought by
Matznick Debra and Matznick M

Purchase Details

Closed on
Jan 8, 2016
Sold by
Shepherd E Charles T
Bought by
Coselman Rodney
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
Otoole Lauren $230,000 Cislo Title
Otoole Lauren $230,000 Cislo Title
Matznick Debra $125,000 --
Coselman Rodney $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otoole Lauren Taylor $184,000
Closed Otoole Lauren $184,000
Previous Owner Erdman Martin $40,000
Previous Owner Erdman Martin $40,000
Previous Owner Erdman Martin $65,000
Previous Owner Erdman Martin $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2023 02/23/23 Sold $230,000 -7.2% $169 / Sq Ft
01/07/2023 01/07/23 Pending -- -- --
09/25/2022 09/25/22 Price Changed $247,900 -6.5% $182 / Sq Ft
08/19/2022 08/19/22 For Sale $265,000 -- $195 / Sq Ft
Source: Realcomp

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 $3,057 $124,000 $0 $0
2024 $1,916 $112,900 $0 $0
2023 $797 $107,500 $0 $0
2022 $1,785 $97,000 $0 $0
2021 $1,657 $89,000 $0 $0
2020 $1,626 $80,100 $0 $0
2019 $1,601 $72,100 $0 $0
2018 $1,564 $66,400 $0 $0
2017 $1,493 $62,200 $0 $0
2016 -- $62,200 $0 $0
2015 -- $58,300 $0 $0
2014 $7 $57,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221030577

Realcomp

APN: 016-08-300-011