NOT LISTED FOR SALE

7296 Cedar Rd Lexington, MI 48450

Estimated Value: $142,000 - $194,000

1 Bed
1 Bath
612 Sq Ft
$266/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $110,000 $180 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,012/month

Highlights

  • Beach
  • Furnished
  • Park
  • Deck
  • Cottage
  • Shed

About This Home

As of September 2021

This cute 1 bedroom cottage is just a short walk from the private beach access. Local pubs and eateries are within walking distance and the Village of Lexington with all it has to offer is only a few minutes drive. Home sits on a huge 140 X 100 foot lot that can be further developed and built on. Current owner uses it as a vacation getaway and income producing short term rental property. New large 12' X 27' rear deck and fire pit are great for relaxing and entertaining. The updated open floor plan makes it great for gathering and can easily sleep 6 or more. You do not want to miss out on this one.

Last Agent to Sell the Property

Charles Nantroup

Town & Country Realty-Lexington License #MISPE-6501411524 Listed on: 09/16/2021

Last Buyer's Agent

Angela Wagester

Town & Country Realty-Lexington License #MISPE-6501364122

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1975

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 140 x 100

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 3 Car Parking Spaces

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 612 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed

Utilities

  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Fiber Optics Available

Listing and Financial Details

  • Assessor Parcel Number 261-300-001-163-10

Community Details

Overview

  • Association fees include hoa, snow removal
  • Worth Twp HOA
  • Great Lakes Beach Subdivision

Recreation

  • Beach
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,220

Year Built

Built in 1975

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Cottage
  • Structure Style: 1 Story
  • Total Tax Amount: 2220.11
  • Year Built: 1975
  • Mail City: Lexington
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Furnished
  • Appliances: Microwave, Range/Oven, Refrigerator
  • Bedrooms: 1
  • Bedroom 1: Dimensions: 11 x 9
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 7 x 4, On Level: Entry
  • Dining Room: Dimensions: 13 x 12
  • Kitchen: Dimensions: 9 x 10
  • Living Room: Dimensions: 13 x 12
  • Above Grade Finished Sq Ft: 612
  • Total Finished Sq Ft: 612

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck
  • Foundation: Crawl
  • Frontage: 140
  • Water Features: All Sports Lake, Association Access, Beach Access
  • Out Buildings: Shed

Garage/Parking

  • Parking: 3 or More Spaces
  • Garage: No

Utilities

  • Heating: Electric Heat
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Electric
  • Cooling: Ceiling Fan(s)

Condo/Co-op/Association

  • HOA Fee Includes: Hoa, Snow Removal
  • HOA Fees: 150
  • HOA Fee Frequency: Yearly
  • Community Features: Park, Fiber Optic Internet, Beach Area
  • Association Contact: Worth Twp
  • Association Phone: 810-359-8852
  • Association Fee: Yes

Lot Info

  • Assessments: 13500
  • Assessments: Yes
  • Assessor Parcel Number: 261-300-001-163-10
  • Zoning: Residential
  • Lot Dimensions: 140 X 100
  • Acreage: 0.32
  • Geo Subdivision: MI
  • Site/Lot Features: Subdivision, Subdivision

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Summer Tax: Year: 2020, Amount: $368.38
  • Winter Tax: Year: 2020, Amount: $1,851.73
  • Total Tax: Amount: $2,220.11

MLS Schools

  • School District: Croswell Lexington Comm SD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2019
Closed on
May 24, 2019
Sold by
Luce Giovanni G and Luce Deborah A
Bought by
Johnson Christopher
Seller's Agent
Angela Wagester
Town & Country Realty-Lexington
Buyer's Agent
Charles Nantroup
Town & Country Realty-Lexington
List Price
$74,900
Sold Price
$73,000
Premium/Discount to List
-$1,900
-2.54%
Current Estimated Value
$163,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,087
Avg. Annual Appreciation
13.40%
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
Johnson Christopher $73,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2021 09/27/21 Sold $110,000 +0.2% $180 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $109,750 +50.3% $179 / Sq Ft
05/24/2019 05/24/19 Sold $73,000 -2.5% $127 / Sq Ft View Prior Sale
05/06/2019 05/06/19 Pending -- -- --
04/13/2019 04/13/19 For Sale $74,900 -- $130 / 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 $1,609 $57,500 $0 $0
2024 $384 $54,500 $0 $0
2023 $365 $39,200 $0 $0
2022 $2,168 $34,300 $0 $0
2021 $2,003 $31,100 $0 $0
2020 $2,220 $36,300 $0 $0
2019 $421 $37,500 $0 $0
2018 $1,893 $37,700 $0 $0
2017 $1,608 $24,900 $0 $0
2016 $200 $24,000 $0 $0
2015 -- $24,000 $0 $0
2014 -- $24,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50055308

Michigan Multiple Listing Service

APN: 261-300-001-163-10