NOT LISTED FOR SALE

7383 Elmwood Rd Lexington, MI 48450

Estimated Value: $166,000 - $232,000

2 Beds
1 Bath
1,163 Sq Ft
$172/Sq Ft Est. Value

Last Sold September 28, 2017

Last sale price $81,000 $70 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $1,278/month

73 Days on Market

Highlights

  • Access To Lake
  • Sun or Florida Room
  • Porch
  • Deck
  • 1.5 Car Detached Garage
  • Living Room

About This Home

As of September 2017

Dreaming of long weekends & toes in the sand? Welcome to Lexington and this wonderful 2 Bedroom, 1 1/2 Bath, 1163 Sq Ft vacation home with association beach rights! A short walk down the road brings you to a delightful sandy beach and the shores of Lake Huron. Spacious Living Room, peaceful Sun Room, Well appointed Kitchen with Bar Seating & Cozy Dining Area. Enjoy the outdoor experience with 4 different Decks: Front (6x12), Side (7x34), Rear (12x27) and Yard Deck (10x12). Wonderful plantings, private backyard, Garden Shed & a 1.5 car Detached Garage. Located 4 miles south of the Village of Lexington with its quaint shops, delicious restaurants, & iconic limestone harbor! Come experience all Lexington has to offer!

Last Agent to Sell the Property

Michael Rickerman

Epique Inc. License #MISPE-6506045489 Listed on: 06/26/2017

Epique Inc.

Last Buyer's Agent

Tracy Kritzman

Town & Country Realty-Lexington License #MISPE-6501378946

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60 x 126

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 1.5 Car Detached Garage

Home Design

  • Bungalow

Interior Spaces

  • 1,163 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Entryway
  • Living Room
  • Sun or Florida Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Sump Pump
  • Crawl Space

Outdoor Features

  • Access To Lake
  • Deck
  • Shed
  • Porch

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank

Community Details

  • Association fees include trash removal

Listing and Financial Details

  • Assessor Parcel Number 26131000040700

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,781

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Bungalow
  • Structure Style: 1 Story
  • Total Tax Amount: 1781
  • Total Tax Year: 2016
  • Year Built: 9999
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Sump Pump
  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 12 x 12
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: Dimensions: 14 x 9
  • Bedroom 2 Floor Covering: Carpet
  • Bathrooms Description: First Flr Lavatory, First Flr Full Bathroom
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 7 x 7, Flooring: Vinyl
  • Room Types: Entry, First Floor Bedroom, Living Room, Sun/Florida Room
  • Dining Room: Dimensions: 10 x 8
  • Dining Room Floor Covering: Laminate
  • Kitchen: Dimensions: 12 x 8
  • Kitchen Features: Dining "L"
  • Kitchen Floor Covering: Laminate
  • Living Room: Dimensions: 19 x 11
  • Living Room Floor Covering: Carpet
  • Sun Room: Dimensions: 13 x 11
  • Sun Room Floor Covering: Carpet
  • Other Room1: Dimensions: 10x5, Flooring: Laminate
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1163
  • Total Finished Sq Ft: 1163

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Deck, Porch
  • Foundation: Crawl
  • Frontage: 60
  • Water Features: All Sports Lake, Lake/River Access, Association Access
  • Out Buildings: Shed

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 1.5
  • Garage: Yes

Utilities

  • Heating: Baseboard, Boiler, Hot Water
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s)

Condo/Co-op/Association

  • HOA Fee Includes: Trash Removal
  • HOA Fees: 125
  • HOA Fee Frequency: Yearly
  • Association Fee: Yes

Lot Info

  • Assessments: 900
  • Assessments: Yes
  • Assessor Parcel Number: 26131000040700
  • Zoning: Residential
  • Lot Dimensions: 60 x 126
  • Acreage: 0.17
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2016, Amount: $319.00
  • Winter Tax: Year: 2016, Amount: $1,462.00
  • Total Tax: Year: 2016, Amount: $1,781.00
  • SEV Year: 2016

MLS Schools

  • School District: Croswell Lexington Comm SD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2017
Closed on
Sep 26, 2017
Sold by
Rosa Family
Bought by
Savinov Erin
Seller's Agent
Michael Rickerman
Epique Inc.
Buyer's Agent
Tracy Kritzman
Town & Country Realty-Lexington
List Price
$89,900
Sold Price
$81,000
Premium/Discount to List
-$8,900
-9.9%
Current Estimated Value
$199,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,793
Avg. Annual Appreciation
12.47%

Purchase Details

Closed on
Jul 12, 2004
Sold by
Chase Manhattan
Bought by
Rosa Winfred and Rosa Gayle

Purchase Details

Closed on
Oct 9, 2003
Sold by
Lacara David and Bryson Rachel
Bought by
Jpmorgan Chase Bank

Purchase Details

Closed on
Feb 12, 1999
Sold by
Polselli William and Polselli Diana
Bought by
Lacara David

Purchase Details

Closed on
Feb 2, 1995
Sold by
Brown David and Brown Nancy
Bought by
Polselli William and Polselli Diana

Purchase Details

Closed on
Jan 1, 1902
Sold by
Polselli William and Polselli Diana
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
Savinov Erin $81,000 None Available
Rosa Winfred $45,000 --
Jpmorgan Chase Bank $44,500 --
Lacara David $51,900 --
Polselli William $30,000 --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2017 09/28/17 Sold $81,000 -9.9% $70 / Sq Ft
09/07/2017 09/07/17 Pending -- -- --
06/26/2017 06/26/17 For Sale $89,900 -- $77 / 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 $2,432 $73,400 $0 $0
2024 $418 $69,100 $0 $0
2023 $398 $54,900 $0 $0
2022 $2,278 $44,000 $0 $0
2021 $2,225 $39,800 $0 $0
2020 $2,214 $44,800 $0 $0
2019 $727 $43,400 $0 $0
2018 $2,490 $35,000 $0 $0
2017 $2,087 $36,800 $0 $0
2016 $319 $31,400 $0 $0
2015 -- $39,800 $0 $0
2014 -- $36,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31323608

Michigan Multiple Listing Service

APN: 261-310-000-407-00