$242,000
SOLD JUL 1, 2025

7314 Aspen Rd Lexington, MI 48450

3 Beds
1 Bath
1,104 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$219 Per Sq Ft

1% Above List Price

17 Days on Market

Highlights

  • Beach
  • Deck
  • Sun or Florida Room
  • Access To Lake
  • Ranch Style House
  • Home Office

About This Home

As of July 2025

Welcome to your dream getaway! This charming three-bedroom, one-bath cottage in Lexington, Michigan, offers the perfect blend of comfort and charm. Enjoy exclusive beach access just steps away from your front door, thanks to a yearly $125 HOA fee that grants membership-only entry – ideal for summer fun or cozy winter retreats. Step inside to spacious and inviting rooms, where this well-appointed cottage provides a relaxing atmosphere. Fully furnished option available, from the towels and silverware to the furniture and TVs, making it truly move-in ready. Investment Opportunity - Nestled in the picturesque town of Lexington, it boasts a quaint coastal vibe and community charm. This cottage isn't just a fantastic vacation home; it's also currently set up as a successful Airbnb, offering an immediate income stream and excellent equity production.

Last Agent to Sell the Property

Anna Aul Rivard

Keller Williams Realty Lakeside License #MISPE-6506048355 Listed on: 05/21/2025

Keller Williams Realty Lakeside

Co-Listed By

Scott Rivard

Keller Williams Realty Lakeside License #MISPE-6506048354

Last Buyer's Agent

Brittany Schooley

Quest Realty LLC License #6501439178

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1960

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 80x88
  • Fenced Yard

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Ranch Style House

Interior Spaces

  • 1,104 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Home Office
  • Sun or Florida Room
  • Carpet
  • Crawl Space
  • Washer

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Access To Lake
  • Deck
  • Shed
  • Breezeway

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 261-300-000-846-00

Community Details

Overview

  • Judy HOA
  • Great Lakes Beach Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,615

Year Built

Built in 1960

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 4615
  • Year Built: 1960
  • Mail City: Lexington
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 12 x 12
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Entry Level, Dimensions: 12 x 8
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On Entry Level, Dimensions: 11 x 8
  • Bedroom 3 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Entry
  • Room Types: Breezeway, Family Room, First Floor Bedroom, First Floor Laundry, First Flr Primary Bedroom, Sun/Florida Room, Home Office, First Flr Lavatory, First Flr Full Bathroom, Pantry, Dining "L", Eat-In Kitchen
  • Kitchen: On Entry Level, Dimensions: 17 x 15
  • Laundry: On Entry Level, Dimensions: 9 x 6
  • Living Room: On Entry Level, Dimensions: 15 x 12
  • Sun Room: On Entry Level, Dimensions: 18 x 8
  • Sun Room Floor Covering: Carpet
  • Above Grade Finished Sq Ft: 1104
  • Total Finished Sq Ft: 1104

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Deck, Fenced Yard
  • Foundation: Crawl
  • Frontage: 80
  • Road: Paved Street
  • Water Features: All Sports Lake, Lake/River Access, Association Access, Beach Access, Commons to Waterfront
  • Out Buildings: Shed
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage, Gar Door Opener
  • Garage Spaces: 2
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • 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: 125
  • HOA Fee Frequency: Yearly
  • Community Features: Beach Area
  • Association Contact: Judy
  • Association Phone: 000-222-3333
  • Pets: Yes
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 261-300-000-846-00
  • Zoning: Residential
  • Lot Dimensions: 80x88
  • Acreage: 0.16
  • Geo Subdivision: MI

Rental Info

  • Pets Allowed: Yes
  • Pet Restriction: No Restrictions

Tax Info

  • Summer Tax: Year: 2024, Amount: $943.00
  • Winter Tax: Year: 2024, Amount: $3,672.00
  • Total Tax: Amount: $4,615.00

MLS Schools

  • School District: Croswell Lexington Comm SD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
Feb 13, 2023
Sold by
Diliberto Joseph Jeffrey and Diliberto Denise P
Bought by
Friedmann Jeffrey J and Friedmann Kimberly
Seller's Agent
Michelle Bittner
Sine & Monaghan Realtors LLC St Clair
Buyer's Agent
Amber Woods
Realty Executives Home Towne
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.78%
Original Mortgage
$160,000
Outstanding Balance
$154,705
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$74,789

Purchase Details

Closed on
Apr 25, 2017
Sold by
Claus Patricia A
Bought by
Claus & Co Property Mgmt

Purchase Details

Listed on
Oct 21, 2016
Closed on
Jan 27, 2017
Sold by
Schultz Judith A
Bought by
Claus Patricia
Seller's Agent
John Yatros
The Real Estate Organization
Buyer's Agent
John Yatros
The Real Estate Organization
List Price
$89,500
Sold Price
$84,000
Premium/Discount to List
-$5,500
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.55%

Purchase Details

Closed on
Mar 11, 2004
Sold by
Glappa Joan and Glappa Bernard
Bought by
Schultz John and Schultz Judith

Purchase Details

Closed on
Feb 25, 2004
Sold by
Potemski Joseph Estate Of
Bought by
Glappa Joan

Purchase Details

Closed on
Sep 30, 1992
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $200,000 Ata National Title
Deed $200,000 Ata Nat L Title Group Llc
Warranty Deed -- --
Warranty Deed $84,000 None Available
Deed $78,000 --
Deed -- --
Deed $45,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,000 New Conventional
Closed $160,000 New Conventional
Previous Owner $118,233 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Sold $242,000 +5.2% $219 / Sq Ft
06/11/2025 06/11/25 Pending -- -- --
06/02/2025 06/02/25 Price Changed $230,000 -4.2% $208 / Sq Ft
05/24/2025 05/24/25 For Sale $240,000 +20.0% $217 / Sq Ft
02/13/2023 02/13/23 Sold $200,000 -9.1% $208 / Sq Ft
02/12/2023 02/12/23 Pending -- -- --
01/10/2023 01/10/23 Price Changed $220,000 -2.2% $229 / Sq Ft
11/18/2022 11/18/22 For Sale $225,000 +167.9% $234 / Sq Ft
01/27/2017 01/27/17 Sold $84,000 -6.1% $88 / Sq Ft
01/16/2017 01/16/17 Pending -- -- --
10/21/2016 10/21/16 For Sale $89,500 -- $93 / 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 $4,614 $98,700 $0 $0
2024 $943 $92,900 $0 $0
2023 $524 $64,000 $0 $0
2022 $1,900 $54,400 $0 $0
2021 $1,832 $48,500 $0 $0
2020 $1,941 $54,500 $0 $0
2019 $1,057 $52,100 $0 $0
2018 $2,822 $50,800 $0 $0
2017 $1,444 $43,900 $0 $0
2016 $437 $48,100 $0 $0
2015 -- $44,000 $0 $0
2014 -- $42,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50175584

Michigan Multiple Listing Service

APN: 261-300-000-846-00