NOT LISTED FOR SALE

7331 Forest Dr Lexington, MI 48450

Estimated Value: $68,000 - $152,000

2 Beds
1 Bath
550 Sq Ft
$203/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $70,000 $127 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $733/month

Highlights

  • Beach
  • Wood Burning Stove
  • Furnished
  • Clubhouse
  • Wooded Lot
  • Cottage

About This Home

As of July 2022

Enjoy a piece of the pie in this charming cottage. Just a short 5 minute walk to a private beach at the end of the street. The cottage has everything you need to get away for the day or a long weekend. Stay as long as you like. A wood burning stove and a small electrical wall unit keep it cozy. The yard is easy to maintain along with a composite deck in the front and off of the back of the house. The back deck gives an extra 130 square feet to enjoy nature. Mill creek is in your own back yard; a quiet revine with a wooded lot. New roof in 2020. Newer hot water tank. Fully furnished includes appliances, just bring your suitcase and flip flops. Hooked up to water and sewer at street last year.

Last Agent to Sell the Property

April Lucas

Sine & Monaghan LLC License #MISPE-6501399825 Listed on: 07/04/2022

Sine & Monaghan LLC

Last Buyer's Agent

April Lucas

Sine & Monaghan LLC License #MISPE-6501399825 Listed on: 07/04/2022

Sine & Monaghan LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1948

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 100x47
  • Sloped Lot
  • Wooded Lot

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 550 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Wood Burning Stove
  • Window Treatments
  • Unfinished Basement
  • Block Basement Construction

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Wood
  • Electric Water Heater
  • Fiber Optics Available
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 261-300-002-075-00

Community Details

Overview

  • Www.Greatlakesshores.Com HOA
  • Great Lakes Beach 1 Subdivision
  • Property is near a ravine

Amenities

  • Clubhouse
  • Community Wi-Fi

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,227

Year Built

Built in 1948

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type: 1 to 4 Units
  • Type Of Property: Single Family
  • Architecture Style: Cottage
  • Structure Style: 1 Story
  • Flood Insurance: Not Required
  • Total Tax Amount: 1227
  • Total Tax Year: 2021
  • Year Built: 1948
  • Mail City: Lexington
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail., Window Treatment(s), Furnished
  • Appliances: Microwave, Range/Oven, Refrigerator
  • Fireplaces: Wood Stove
  • Basement: Yes
  • Basement: Block, Unfinished
  • Bedrooms: 2
  • Bedroom 1: On Entry Level, Dimensions: 7 x 8
  • Bedroom 1 Floor Covering: Vinyl
  • Bedroom 2: On Entry Level, Dimensions: 11 x 8
  • Bedroom 2 Floor Covering: Vinyl
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 4 x 9, On Level: Entry, Flooring: Vinyl
  • Room Types: First Floor Bedroom, First Flr Primary Bedroom, First Flr Full Bathroom
  • Kitchen: On Entry Level, Dimensions: 7 x 10
  • Kitchen Floor Covering: Vinyl
  • Living Room: On Entry Level, Dimensions: 18 x 13
  • Living Room Floor Covering: Carpet
  • Below Grade Sq Ft: 275
  • Above Grade Finished Sq Ft: 550
  • Total Finished Sq Ft: 550

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Exterior Balcony, Porch
  • Foundation: Michigan Basement
  • Frontage: 20
  • Road: Gravel
  • Water Features: Association Access, Beach Access, Commons to Waterfront
  • Frontage Type: Road

Garage/Parking

  • Parking: Unassigned/General
  • Garage: No

Utilities

  • Heating: Electric Heat
  • Heating Fuel: Electric, Wood
  • Sewer: Public At Street
  • Water: Public Water at Street
  • Water Heater: Electric
  • Cooling: Wall/Window A/C

Condo/Co-op/Association

  • HOA Fees: 125
  • HOA Fee Frequency: Yearly
  • Community Features: Club House, Wi-Fi Available, Fiber Optic Internet, Beach Area
  • Association Contact: www.greatlakesshores.com
  • Association Phone: 866-797-9018
  • Association Fee: Yes

Lot Info

  • Assessments: 200
  • Assessments: Yes
  • Assessor Parcel Number: 261-300-002-075-00
  • Zoning: Residential
  • Lot Dimensions: 100x47
  • Acreage: 0.09
  • Geo Subdivision: MI
  • Land Contract: Yes
  • Site/Lot Features: Ravine, Sloping, Wooded

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Summer Tax: Year: 2021, Amount: $123.00
  • Winter Tax: Year: 2021, Amount: $1,104.00
  • Taxable Value: 12900
  • Total Tax: Year: 2021, Amount: $1,227.00
  • SEV Year: 2021

MLS Schools

  • School District: Croswell Lexington Comm SD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2017
Sold by
Minnick Charles W and Minnick Shirley M
Bought by
Minnick Bernard A and Minnick Kathleen Welch
Current Estimated Value
$111,847

Purchase Details

Closed on
Nov 29, 2016
Sold by
Minnick Charles W and Minnick Shirley
Bought by
Minnick Charles W and Minnick Shirley M

Purchase Details

Closed on
Oct 7, 2009
Sold by
Mary Ruth Minnick Living Trust
Bought by
Minnick Ruth and Minnick Charles W

Purchase Details

Closed on
Feb 2, 2005
Sold by
Minnick Ruth
Bought by
Steinheiser Marilyn
Source: Public Records

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 Buyer Sale Price Title Company
Minnick Bernard A $20,000 None Available
Minnick Charles W -- None Available
Minnick Ruth -- --
Steinheiser Marilyn -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $70,000 -6.7% $127 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $75,000 -- $136 / 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 $1,563 $28,500 $0 $0
2024 $207 $27,000 $0 $0
2023 $197 $19,400 $0 $0
2022 $1,213 $14,300 $0 $0
2021 $1,227 $12,900 $0 $0
2020 $1,224 $14,500 $0 $0
2019 $238 $14,500 $0 $0
2018 $1,213 $15,000 $0 $0
2017 $916 $11,200 $0 $0
2016 $114 $12,300 $0 $0
2015 -- $11,300 $0 $0
2014 -- $11,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50081253

Michigan Multiple Listing Service

APN: 261-300-002-075-00