NOT LISTED FOR SALE

734 State St Lapeer, MI 48446

Estimated Value: $149,798 - $208,000

3 Beds
2 Baths
1,176 Sq Ft
$155/Sq Ft Est. Value

Last Sold March 28, 2023

Last sale price $150,000 $128 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,193/month

26 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • 4-minute walk to Veterans Memorial Park Lapeer Michigan

About This Home

As of March 2023

Downtown Lapeer 2 unit, 1 up one down. 1st Floor is a 2 bedroom unit, with a basement under trap door in kitchen. 2nd level 1 bedroom and has long time tenant. 1st floor unit just went vacant. Walk to downtown restaurants and strip. Great for owner investor OR live in 1st floor and keep tenant in 2nd floor unit, great FHA plan allows that and homestead it too! Broker owned.

Last Agent to Sell the Property

Frank Wasung

Berkshire Hathaway HomeServices Kee Realty Wash License #MISPE-6506040868 Listed on: 02/16/2023

Berkshire Hathaway HomeServices Kee Realty Wash

Last Buyer's Agent

Lisa Forbes

Real Estate One-Oxford License #RCO-6501323209

Real Estate One-Oxford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1890

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 48x100

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,176 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window

Community Details

  • City Of Lapeer R Original Subdivision

Listing and Financial Details

  • Assessor Parcel Number L20-53-300-040-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,267

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Total Tax Amount: 2267
  • Total Tax Year: 2022
  • Year Built: 1890
  • Mail City: Lapeer
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 13 x 12
  • Bedroom 2: On Entry Level, Dimensions: 12 x 9
  • Bedroom 3: On Upper Floor, Dimensions: 14 x 10
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 7 x 5, On Level: Entry
  • Bathroom 2: Dimensions: 7 x 6, On Level: Upper
  • Family Room: On Upper Floor, Dimensions: 12 x 10
  • Kitchen: On Entry Level, Dimensions: 12 x 10
  • Living Room: On Entry Level, Dimensions: 12 x 11
  • Below Grade Sq Ft: 750
  • Above Grade Finished Sq Ft: 1176
  • Total Finished Sq Ft: 1176

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Michigan Basement
  • Frontage: 48
  • Frontage Type: Road

Garage/Parking

  • Garage: No

Utilities

  • Heating: Wall Heat, Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public At Street
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: L20-53-300-040-00
  • Lot Dimensions: 48x100
  • Acreage: 0.11
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $936.00
  • Winter Tax: Year: 2022, Amount: $1,331.00
  • Taxable Value: 47700
  • Total Tax: Year: 2022, Amount: $2,267.00
  • SEV Year: 2022

MLS Schools

  • School District: Lapeer Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Apr 19, 2023
Sold by
Elsu Holdings Llc
Bought by
Wakefield Property Management Llc
Seller's Agent
Frank Wasung
Berkshire Hathaway HomeServices Kee Realty Wash
Buyer's Agent
Lisa Forbes
Real Estate One-Oxford
List Price
$172,000
Sold Price
$150,000
Premium/Discount to List
-$22,000
-12.79%
Views
95
Current Estimated Value
$182,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,200
Avg. Annual Appreciation
8.06%

Purchase Details

Listed on
Feb 16, 2023
Closed on
Mar 22, 2023
Sold by
Wasung Frank J
Bought by
Elsu Holdings Llc
Seller's Agent
Frank Wasung
Berkshire Hathaway HomeServices Kee Realty Wash
Buyer's Agent
Lisa Forbes
Real Estate One-Oxford
List Price
$172,000
Sold Price
$150,000
Premium/Discount to List
-$22,000
-12.79%
Views
95

Purchase Details

Closed on
Jan 4, 2021
Sold by
East Fifth Street Apartments Llc
Bought by
Wasung Frank J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2001
Sold by
Ryan William
Bought by
Richey Mary R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wakefield Property Management Llc $300,000 None Listed On Document
Elsu Holdings Llc -- None Listed On Document
Elsu Holdings Llc -- None Listed On Document
Wasung Frank J $119,000 Abstract Title Agency
Richey Mary R $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wasung Frank J $86,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2023 03/28/23 Sold $150,000 0.0% $128 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/02/2023 03/02/23 Price Changed $149,999 -8.3% $128 / Sq Ft
02/22/2023 02/22/23 Price Changed $163,500 -0.9% $139 / Sq Ft
02/20/2023 02/20/23 Price Changed $165,000 -4.1% $140 / Sq Ft
02/16/2023 02/16/23 For Sale $172,000 -- $146 / 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 $2,675 $58,600 $0 $0
2024 $1,101 $56,200 $0 $0
2023 $977 $49,800 $0 $0
2022 $2,267 $47,700 $0 $0
2021 $1,310 $44,000 $0 $0
2020 $1,294 $39,100 $0 $0
2019 $1,292 $36,000 $0 $0
2018 $1,262 $34,300 $34,300 $0
2017 $1,237 $34,200 $0 $0
2016 $1,228 $29,500 $29,500 $0
2015 -- $0 $0 $0
2014 -- $25,500 $25,500 $0
2013 -- $25,300 $25,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50101725

Michigan Multiple Listing Service

APN: L20-53-300-040-00