NOT LISTED FOR SALE

7402 Chippewa Dr Lexington, MI 48450

Estimated Value: $627,000 - $767,000

3 Beds
2 Baths
1,828 Sq Ft
$369/Sq Ft Est. Value

Sale Details

Date Sold: October 4, 2018

Last sale price $375,000 $205 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,770 / mo

50 Days on Market

Highlights

  • Deck
  • Den
  • 2.5 Car Attached Garage
  • Ranch Style House
  • Porch
  • Patio

About This Home

As of October 2018

This Whispering Waterfront property sits on the coast of Lake Huron. This home is located less than one mile south of The Village of Lexington. Featuring; 134 feet of private sandy beach allowing you to enjoy all of the summer activities, while relaxing and soaking up the panoramic view. This unique waterfront property provides the opportunity for the whole family to enjoy the Pure Michigan lifestyle.

Last Agent to Sell the Property

Adam DeRiso

Town & Country Realty-Lexington License #MISPE-6501408105 Listed on: 08/01/2018

Town & Country Realty-Lexington

Last Buyer's Agent

Troy Piper

Realty Executives Home Towne Port Huron License #MISPE-6501406856

Realty Executives Home Towne Port Huron

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1976

Lot Details

  • 21,780 Sq Ft Lot
  • Lot Dimensions are 132 x 164 x 134 x 146
  • Sprinkler System

Home Design

  • Ranch Style House

Interior Spaces

  • 1,828 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Entryway
  • Family Room
  • Living Room
  • Den
  • Crawl Space
  • Home Security System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Lexington Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 261-230-000-050-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,371

Year Built

Built in 1976

Lot Details

0.5 Acres

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 7371
  • Year Built: 1976
  • Mail City: Lexington
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Security System
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Types: Den/Study/Lib, Entry, Family Room, First Floor Bedroom, First Floor Laundry, Living Room, Lower Level Laundry, Utility/Laundry Room, Primary Bedroom
  • Above Grade Finished Sq Ft: 1828
  • Total Finished Sq Ft: 1828

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Deck, Lawn Sprinkler, Patio, Porch, Storms/Screens
  • Foundation: Crawl
  • Frontage: 134
  • Lake Name: Lake Huron
  • Out Buildings: Shed

Garage/Parking

  • Garage: Attached Garage, Electric in Garage, Gar Door Opener
  • Garage Spaces: 2.5
  • Parking: 3 or More Spaces
  • Garage: Yes

Utilities

  • Heating: Forced Air, Humidifier
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Private Well, Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C

Lot Info

  • Assessor Parcel Number: 261-230-000-050-00
  • Lot Dimensions: 132 x 164 x 134 x 146
  • Acreage: 0.5
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2017, Amount: $1,718.00
  • Winter Tax: Year: 2017, Amount: $5,653.00
  • Total Tax: Amount: $7,371.00

MLS Schools

  • School District: Croswell Lexington Comm SD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2021
Sold by
Fischer Paul R and Fischer Christine M
Bought by
Lumbert Brian
Current Estimated Value
$675,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$293,670
Interest Rate
3.1%
Mortgage Type
Construction
Estimated Equity
$381,753

Purchase Details

Listed on
Aug 1, 2018
Closed on
Oct 4, 2018
Sold by
Renneker Craig and Renneker Elizabeth
Bought by
Fischer Paul R and Fischer Christine M
Seller's Agent
Adam DeRiso
Town & Country Realty-Lexington
Buyer's Agent
Troy Piper
Realty Executives Home Towne Port Huron
List Price
$430,000
Sold Price
$375,000
Premium/Discount to List
-$55,000
-12.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%

Purchase Details

Closed on
Apr 15, 2011
Sold by
Munroe Gayle Elizabeth
Bought by
Renneker Craig and Renneker Elizabeth

Purchase Details

Closed on
Sep 30, 2002
Sold by
Divico Mary and Divico John
Bought by
Munroe Gayle Elizabeth

Purchase Details

Closed on
Jan 9, 2002
Sold by
Divico John and Divico Mary
Bought by
Divico John and Divico Mary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Lumbert Brian $400,000 Denali Title & Escrow Agcy Inc
Fischer Paul R $375,000 --
Renneker Craig $300,000 --
Munroe Gayle Elizabeth $315,000 --
Divico John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lumbert Brian $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2018 10/04/18 Sold $375,000 -12.8% $205 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
08/27/2018 08/27/18 Price Changed $429,999 0.0% $235 / Sq Ft
08/01/2018 08/01/18 For Sale $430,000 -- $235 / Sq Ft
Source: Michigan Multiple Listing Service

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 $2,269 $299,100 $0 $0
2024 $2,204 $290,400 $0 $0
2023 $2,099 $225,400 $0 $0
2022 $8,999 $197,000 $0 $0
2021 $8,662 $199,100 $0 $0
2020 $8,562 $191,900 $0 $0
2019 $5,196 $256,000 $0 $0
2018 $7,772 $172,100 $0 $0
2017 $7,371 $169,300 $0 $0
2016 $1,783 $179,900 $0 $0
2015 -- $179,900 $0 $0
2014 -- $172,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31355733

Michigan Multiple Listing Service

APN: 261-230-000-050-00

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