NOT LISTED FOR SALE

7306 Cedar Rd Lexington, MI 48450

Estimated Value: $145,000 - $211,000

2 Beds
1 Bath
817 Sq Ft
$224/Sq Ft Est. Value

Sale Details

Date Sold: February 14, 2022

Last sale price $152,000 $186 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,018 / mo

26 Days on Market

Highlights

  • Waterfront Community
  • Deck
  • Sun or Florida Room
  • Access To Lake
  • Ranch Style House
  • Gazebo

About This Home

As of February 2022

Welcome to easy cottage living! This property has a TON to offer and one of the main features is that it is a summer rental. You can spend some time here and enjoy the water but also generate income. This property has multiple updates over the last few years and has been taken care of in the best way. Some updates + features here include: Roof (2013), Electrical Updates, Updated Bathroom, Large Lot, Large Deck W/Pergola, Furnace, & Water Access. The property comes partially/mostly furnished with the exception of a few items. Enjoy!

Last Agent to Sell the Property

Marcus Cronce

Real Estate One Port Huron License #MISPE-6501414706 Listed on: 12/21/2021

Real Estate One Port Huron

Last Buyer's Agent

Marcus Cronce

Real Estate One Port Huron License #MISPE-6501414706 Listed on: 12/21/2021

Real Estate One Port Huron

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 80x100

HOA Fees

  • $12 Monthly HOA Fees

Parking

  • 2 Car Parking Spaces

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 817 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Sun or Florida Room

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Access To Lake
  • Seawall
  • Deck
  • Gazebo
  • Shed
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 261-300-001-170-00

Community Details

Overview

  • Contact Listing Agent HOA
  • Great Lakes Beach Subdivision

Recreation

  • Waterfront Community
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,534

Lot Details

7,841 Sq Ft Lot

HOA Fees

$12 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 1534.13
  • Year Built: 9999
  • Mail City: Lexington
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Microwave, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement: Block
  • Bedrooms: 2
  • Bedroom 1: On Main Floor, Dimensions: 12 x 7
  • Bedroom 2: On Main Floor, Dimensions: 13 x 7
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 7 x 7, On Level: Main
  • Room Types: First Floor Bedroom, First Floor Laundry, Living Room, Sun/Florida Room
  • Dining Room: On Main Floor, Dimensions: 12 x 9
  • Kitchen: On Main Floor, Dimensions: 15 x 5
  • Living Room: On Main Floor, Dimensions: 11 x 15
  • Sun Room: On Main Floor, Dimensions: 15 x 6
  • Above Grade Finished Sq Ft: 817
  • Total Finished Sq Ft: 817

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Porch
  • Foundation: Crawl
  • Frontage: 80
  • Road: Gravel, Private Road
  • Water Features: Lake/River Access, Sea Wall, Association Access
  • Out Buildings: Gazebo, Shed

Garage/Parking

  • Parking: 2 Spaces
  • Garage: No

Utilities

  • Heating: Wall Heat
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Wall/Window A/C

Condo/Co-op/Association

  • HOA Fees: 140
  • HOA Fee Frequency: Yearly
  • Community Features: Park
  • Association Contact: Contact Listing Agent
  • Association Phone: 810-966-1200
  • Association Fee: Yes

Lot Info

  • Assessments: Yes
  • Assessor Parcel Number: 261-300-001-170-00
  • Zoning: Residential
  • Lot Dimensions: 80x100
  • Acreage: 0.18
  • Geo Subdivision: MI

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Summer Tax: Year: 2021, Amount: $199.13
  • Winter Tax: Year: 2022, Amount: $1,335.00
  • Total Tax: Amount: $1,534.13

MLS Schools

  • School District: Croswell Lexington Comm SD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2021
Closed on
Feb 14, 2022
Sold by
Bell Scott M and Bell Robin R
Bought by
Terzo Leo
Seller's Agent
Marcus Cronce
Real Estate One Port Huron
Buyer's Agent
Marcus Cronce
Real Estate One Port Huron
List Price
$159,900
Sold Price
$152,000
Premium/Discount to List
-$7,900
-4.94%
Current Estimated Value
$182,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,644
Avg. Annual Appreciation
4.50%
Original Mortgage
$136,800
Outstanding Balance
$127,348
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$55,296

Purchase Details

Listed on
Oct 11, 2012
Closed on
Apr 15, 2013
Sold by
Giacalone Leonard M and Giacalone Deborah A
Bought by
Bell Scott M and Bell Robin R
Seller's Agent
Michael Sheridan
Sheridan Real Estate LLC
Buyer's Agent
Michael Sheridan
Sheridan Real Estate LLC
List Price
$53,900
Sold Price
$45,000
Premium/Discount to List
-$8,900
-16.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.76%

Purchase Details

Closed on
Apr 30, 2004
Sold by
Masson Eliza and Masson Szepietowski S
Bought by
Giacalone Leonard and Giacalone Deborah

Purchase Details

Closed on
Dec 4, 2003
Sold by
Masson Elizabeth J
Bought by
Masson Elizabeth and Masson Sherri
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Terzo Leo $152,000 First American Mtg Solutions
Bell Scott M $45,000 --
Giacalone Leonard $47,000 --
Masson Elizabeth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terzo Leo $136,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/14/2022 02/14/22 Sold $152,000 -4.9% $186 / Sq Ft
01/16/2022 01/16/22 Pending -- -- --
12/21/2021 12/21/21 For Sale $159,900 +255.3% $196 / Sq Ft
04/15/2013 04/15/13 Sold $45,000 -16.5% $57 / Sq Ft View Prior Sale
03/19/2013 03/19/13 Pending -- -- --
10/11/2012 10/11/12 For Sale $53,900 -- $68 / Sq Ft
Source: Michigan Multiple Listing Service

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 $443 $59,500 $0 $0
2024 $430 $56,200 $0 $0
2023 $410 $40,400 $0 $0
2022 $1,577 $32,900 $0 $0
2021 $1,534 $22,400 $0 $0
2020 $1,547 $25,800 $0 $0
2019 $395 $26,100 $0 $0
2018 $1,522 $26,100 $0 $0
2017 $1,218 $18,600 $0 $0
2016 $189 $20,400 $0 $0
2015 -- $18,800 $0 $0
2014 -- $18,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50063089

Michigan Multiple Listing Service

APN: 261-300-001-170-00

Your Personal Tour Guide

Ask me questions while you tour the home.