NOT LISTED FOR SALE

7338 Mortimer Line Rd Lexington, MI 48450

Estimated Value: $125,000 - $207,000

2 Beds
1 Bath
1,000 Sq Ft
$175/Sq Ft Est. Value

Last Sold July 24, 2017

Last sale price $47,500 $48 Per Sq Ft

Est. 268% increase in value since last sale

Current estimated payment $1,150/month

220 Days on Market

Highlights

  • Access To Lake
  • Forced Air Heating System
  • Carpet
  • Ranch Style House

About This Home

As of July 2017

Wonderful location! Quiet and peaceful...and within a SHORT walk to Lake Huron and its sandy beach! Home has a nice layout. Kitchen, dining and living room are open concept and really nice for family gatherings. Living room has a wood burning fireplace!! Cottage/home is only 2 miles south of the quaint village of Lexington and all that Lexington has to offer. Which includes a marina, public beach and picnic area (with grassy area and trees) a playground on the beach, free outside concerts, terrific concert hall, quaint shops- everything a resort village has to offer! Come live or visit in this captivating Blue Water area. Home does need a roof and carport, some additional work but the basics are good. Asking price is reflective of work to be done.

Last Agent to Sell the Property

Penny Schwarzentraub

Town & Country Realty-Lexington License #MISPE-6502112481 Listed on: 12/09/2016

Last Buyer's Agent

Penny Schwarzentraub

Town & Country Realty-Lexington License #MISPE-6502112481 Listed on: 12/09/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,062

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 75x100

Parking

  • Carport

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,000 Sq Ft Home
  • Living Room with Fireplace
  • Crawl Space

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Access To Lake

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 7626100720006000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,062

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: Condo/Ranch 1st Flr
  • Year Built: 9999
  • Mail City: Lexington
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace
  • Bedrooms: 2
  • Bedroom 1: On Main Floor, Dimensions: 9 x 13
  • Bedroom 2: Dimensions: 9 x 13
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Breakfast Nook: On Main Floor
  • Kitchen: On Main Floor, Dimensions: 8 x 4
  • Kitchen Floor Covering: Linoleum
  • Living Room: On Main Floor, Dimensions: 21 x 20
  • Living Room Floor Covering: Carpet
  • Above Grade Finished Sq Ft: 1000
  • Total Finished Sq Ft: 1000

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Foundation: Crawl
  • Frontage: 75
  • Lake Name: Lake Huron
  • Water Features: Lake/River Access

Garage/Parking

  • Garage: Carport

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessments: 288
  • Assessments: Yes
  • Assessor Parcel Number: 7626100720006000
  • Lot Dimensions: 75x100
  • Acreage: 0.17
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2014, Amount: $367.42
  • Winter Tax: Year: 2014, Amount: $694.50

MLS Schools

  • School District: Croswell Lexington Comm SD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2016
Closed on
Jul 24, 2017
Sold by
Tocco Krista Angela and Tocco Phillip Leonard
Bought by
Corrigan Marilyn A
Seller's Agent
Penny Schwarzentraub
Town & Country Realty-Lexington
Buyer's Agent
Penny Schwarzentraub
Town & Country Realty-Lexington
List Price
$59,900
Sold Price
$47,500
Premium/Discount to List
-$12,400
-20.7%
Current Estimated Value
$174,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,107
Avg. Annual Appreciation
18.13%
Source: Public Records

Range of Values:

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Average Value
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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
Corrigan Marilyn A $47,500 None Available
Deo Investments Llc $47,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2017 07/24/17 Sold $47,500 -20.7% $48 / Sq Ft
07/17/2017 07/17/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $59,900 +26.1% $60 / Sq Ft
06/01/2017 06/01/17 Off Market $47,500 -- --
12/09/2016 12/09/16 For Sale $59,900 -- $60 / 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 $2,387 $61,300 $0 $0
2024 $411 $59,500 $0 $0
2023 $391 $41,000 $0 $0
2022 $2,249 $36,700 $0 $0
2021 $2,281 $38,400 $0 $0
2020 $2,291 $40,600 $0 $0
2019 $765 $37,700 $0 $0
2018 $2,465 $42,200 $0 $0
2017 $1,507 $35,000 $0 $0
2016 $374 $40,500 $0 $0
2015 -- $40,500 $0 $0
2014 -- $36,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31309074

Michigan Multiple Listing Service

APN: 261-007-200-060-00