NOT LISTED FOR SALE

7364 Chippewa Trail Lexington, MI 48450

Estimated Value: $208,000 - $283,000

3 Beds
1 Bath
1,000 Sq Ft
$250/Sq Ft Est. Value

Last Sold October 26, 2020

Last sale price $160,000 $160 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,712/month

28 Days on Market

Highlights

  • Beach Access
  • Deck
  • Stainless Steel Appliances
  • Tennis Courts
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of October 2020

Lake life made cute and comfortable! 3 bed, 1 bath updated house with a very open floor plan. Only three houses from the lake and on a fenced lot. This place has great views and it sits on three lots so there’s no issue with space. Brand new kitchen with butcher block counter tops and brand new stainless steel appliances. Gorgeous hardwood floors, updated bathroom, and cute fireplace make this one of the top places to see right now! Agent owned. Water assessment is paid in full. Sewer hookup and assessment to be assumed by buyer.

Last Agent to Sell the Property

Jenn Hines

Hart Realty License #6501338132 Listed on: 08/19/2020

Last Buyer's Agent

Derek Werenka

M1 Realty, Inc License #6501321815

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1969 | Remodeled in 2018

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 234x140x230x141
  • Fenced

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Cedar

Interior Spaces

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

Kitchen

  • Free-Standing Electric Oven
  • Microwave
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Beach Access
  • Tennis Courts
  • Deck

Location

  • Ground Level

Utilities

  • Window Unit Cooling System
  • Back Up Electric Heat Pump System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 26123000001800
  • $5,000 Seller Concession

Community Details

Overview

  • Lexington Beach Sub Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,268

Year Built

Built in 1969 | Remodeled in 2018

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1969
  • State Equalized Value: 66500.0000
  • Year Renovated: 2018
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Microwave, Free-Standing Electric Oven, Free-Standing Refrigerator, Stainless Steel Appliance(s)
  • Sq Ft Combined: 1000
  • Total Sq Ft: 1000

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lake Huron
  • Foundation Details: Crawl
  • Construction Materials: Aluminum, Cedar
  • Exterior Features: Fenced, Tennis Court
  • Foundation Materials: Block
  • Frontage Feet: 234
  • Porch Type: Deck
  • Road Frontage Type: Gravel
  • Waterfront Description: Beach Access

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Electric
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Baseboard
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Electric
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 200
  • Association Fee: Yes

Schools

  • School District: Croswell Lexington

Lot Info

  • List Price per Acre: 242647.0588
  • Lot Size Area: 0.68
  • Lot Dimensions: 234x140x230x141
  • Parcel Number: 26123000001800

Tax Info

  • Tax Amount Summer: 640.0000
  • Tax Amount Winter: 2628.0000
  • Total Tax: 3268.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: Croswell Lexington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Oct 23, 2020
Sold by
Hines and Jennifer
Bought by
Smith Elizabeth and Montalbano Anne S
Seller's Agent
Jenn Hines
Hart Realty
Buyer's Agent
Derek Werenka
M1 Realty, Inc
List Price
$169,000
Sold Price
$160,000
Premium/Discount to List
-$9,000
-5.33%
Current Estimated Value
$249,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,737
Avg. Annual Appreciation
8.94%
Original Mortgage
$128,000
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 6, 2013
Closed on
Sep 17, 2013
Sold by
Greenia Robert C
Bought by
Hines Tyler and Hines Jennifer
Seller's Agent
Vincent Parente
Keller Williams Realty Lakeside
Buyer's Agent
Jennifer Hines
Hart Realty
List Price
$69,900
Sold Price
$75,000
Premium/Discount to List
$5,100
7.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%
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
Smith Elizabeth $160,000 First American Mtg Solutions
Hines Tyler $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Elizabeth $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2020 10/26/20 Sold $160,000 -3.0% $160 / Sq Ft
09/17/2020 09/17/20 Pending -- -- --
09/03/2020 09/03/20 Price Changed $165,000 -2.4% $165 / Sq Ft
08/26/2020 08/26/20 For Sale $169,000 0.0% $169 / Sq Ft
08/23/2020 08/23/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $169,000 +125.3% $169 / Sq Ft
09/17/2013 09/17/13 Sold $75,000 +7.3% $75 / Sq Ft
08/16/2013 08/16/13 Pending -- -- --
08/06/2013 08/06/13 For Sale $69,900 -- $70 / Sq Ft
Source: Realcomp

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 $4,015 $114,700 $0 $0
2024 $803 $111,500 $0 $0
2023 $765 $79,800 $0 $0
2022 $3,727 $71,800 $0 $0
2021 $3,683 $72,700 $0 $0
2020 $3,342 $78,900 $0 $0
2019 $1,277 $66,500 $0 $0
2018 $3,252 $62,400 $0 $0
2017 $2,914 $60,200 $0 $0
2016 $644 $68,500 $0 $0
2015 -- $68,500 $0 $0
2014 -- $62,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200067317

Realcomp

APN: 261-230-000-018-00