NOT LISTED FOR SALE

7361 Cedar Rd Lexington, MI 48450

Estimated Value: $244,591 - $291,000

6 Beds
1.5 Baths
2,068 Sq Ft
$133/Sq Ft Est. Value

Sale Details

Date Sold: April 15, 2022

Last sale price $162,500 $79 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,553 / mo

5 Days on Market

Highlights

  • Beach Access
  • Lake Privileges
  • Cottage
  • Second Garage
  • Deck
  • 2.5 Car Detached Garage

About This Home

As of April 2022

MULTIPLE OFFERS! Highest & Best due Thurs, 2/3 at Noon! LAKE HURON ACCESS! Tons of potential in this 2000+ sq ft home in the Great Lakes Shores Assn! Home needs work but offers so much! 6 bedrooms, 1.5 baths and nice size living areas provide a relaxing place for the entire family to gather. HUGE 20x30 detached garage w/electric & openers is perfect for you BOAT, ATVs, golf cart or workshop. Plus a 29x13 attached garage. This could be a great Airbnb or VRBO rental! 5 lots are included. Municipal water & sewer are connected! Appliances & furnishings included! Just a short drive north is the quaint Village of Lexington with great dining, shopping, waterfront park & Lexington State Harbor & boat launch. The Village hosts many events including fireworks, festivals & music in the park. Annual HOA dues-$125. 2022 HOA special assessment of $200. *Sale subject to probate court approval. Property sold as-is. Buyer to assume remaining sewer assessment which is billed annually on winter tax bill.

Last Agent to Sell the Property

Adrienne Stewart

Keller Williams Home License #6502417257 Listed on: 01/29/2022

Keller Williams Home

Last Buyer's Agent

Dennis Quinn

Premier Properties Real Estate LLC License #6501255171

Premier Properties Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 100x100
  • Fenced

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Cottage
  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,068 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Free-Standing Electric Range
  • Recirculated Exhaust Fan
  • Microwave

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2.5 Car Detached Garage
  • Second Garage
  • Workshop in Garage
  • Garage Door Opener

Outdoor Features

  • Beach Access
  • Lake Privileges
  • Deck
  • Porch

Location

  • Ground Level

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 26130000143500

Community Details

Overview

  • Great Lakes Shores/Www.Greatlakesshores.Com Association
  • Great Lakes Beach Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,291

Lot Details

10,019 Sq Ft Lot

HOA Fees

$10 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow, Cottage
  • Architecture Level: 1 1/2 Story
  • Assessment: 712.50 (2021 sewer installment)
  • Year Built: 9999
  • State Equalized Value: 58500.0000
  • Entry Location: Ground Level w/Steps
  • AgentOnly_ListPriceByAcre: 630434.7800
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen Appliances: Dryer, Exhaust Fan, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Washer
  • Total Sq Ft: 2068

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lake Huron
  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Porch Type: Deck, Porch
  • Road Frontage Type: Gravel
  • Waterfront Description: Beach Access, Lake Privileges
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: 2+ Assigned Spaces, Door Opener, Workshop, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: glsboard2020@gmail.com
  • Association Fee: 125
  • Association Contact: Great Lakes Shores/www.greatlakesshores.com
  • Association Fee: Yes

Lot Info

  • Lot Size Area: 0.23
  • Lot Dimensions: 100x100
  • Parcel Number: 26130000143500

Tax Info

  • Tax Amount Summer: 387.0800
  • Tax Amount Winter: 1903.6700
  • Total Tax: 2290.7500
  • Taxable Value: 38142.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: Croswell Lexington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2002
Sold by
Mercieca Frank J and Mercieca Jane
Bought by
Mercieca Jane Trust
Current Estimated Value
$275,898
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
Mercieca Jane Trust -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2022 04/15/22 Sold $162,500 +12.1% $79 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
01/29/2022 01/29/22 For Sale $145,000 -- $70 / Sq Ft
Source: Realcomp

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 $836 $112,400 $0 $0
2024 $812 $106,100 $0 $0
2023 $773 $76,200 $0 $0
2022 $2,357 $65,500 $0 $0
2021 $2,291 $58,500 $0 $0
2020 $2,274 $66,100 $0 $0
2019 $749 $63,500 $0 $0
2018 $2,219 $62,600 $0 $0
2017 $1,901 $52,200 $0 $0
2016 $355 $57,300 $0 $0
2015 -- $52,400 $0 $0
2014 -- $50,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2220005878

Realcomp

APN: 261-300-001-435-00

Your Personal Tour Guide

Ask me questions while you tour the home.