NOT LISTED FOR SALE

7408 Elm Rd Lexington, MI 48450

Estimated Value: $180,295 - $217,000

3 Beds
1 Bath
1,000 Sq Ft
$206/Sq Ft Est. Value

Last Sold October 23, 2017

Last sale price $34,000 $34 Per Sq Ft

Est. 505% increase in value since last sale

Current estimated payment $1,307/month

56 Days on Market

About This Home

As of October 2017

Affordable opportunity with Lake Huron access located in the Great Lakes Beach sub. This open concept cottage sits on 7 lots walking distance from Lake Huron. The cottage contains 3 Bedrooms and 1 bathroom. The home has a gas wall furnace and natural wood burning fireplace. With some TLC this could make for a great family cottage. North east corner of home has visible foundation issues and there is no central heating system. Bedrooms do not have any closets. BATVAI

Last Agent to Sell the Property

Brian Sheridan

Sheridan Real Estate LLC License #6501344542 Listed on: 08/14/2017

Last Buyer's Agent

Malinda S. Kelly

License #6506045951

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940 | Remodeled in 1969

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 143x105

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Block Foundation
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,000 Sq Ft Home
  • Ceiling Fan
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Wall Furnace
  • Heating System Uses Natural Gas

Community Details

  • Great Lakes Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 26130000162400

Home Details

Home Type

Single Family

Year Built

Built in 1940 | Remodeled in 1969

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1940
  • Year Renovated: 1969
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Sq Ft Combined: 1000
  • Total Sq Ft: 1000

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Wood
  • Foundation Materials: Block, Poured
  • Frontage Feet: 143
  • Road Frontage Type: Gravel

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Wall/Floor Furnace
  • Sewer: Septic Tank (Existing)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 125
  • Association Fee: Yes

Schools

  • School District: Croswell Lexington

Lot Info

  • List Price per Acre: 124687.5000
  • Lot Size Area: 0.32
  • Lot Dimensions: 143x105
  • Parcel Number: 26130000162400

Tax Info

  • Tax Amount Summer: 263.0000
  • Tax Amount Winter: 1162.0000
  • Total Tax: 1425.0000

MLS Schools

  • School District: Croswell Lexington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2017
Closed on
Oct 17, 2017
Sold by
Shanley Charles J and Shanley Michael T
Bought by
Trautman Mary Ellen and Trautman Michael R
Seller's Agent
Brian Sheridan
Sheridan Real Estate LLC
Buyer's Agent
Malinda S. Kelly
List Price
$39,900
Sold Price
$34,000
Premium/Discount to List
-$5,900
-14.79%
Current Estimated Value
$205,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,824
Avg. Annual Appreciation
25.42%

Purchase Details

Closed on
Aug 28, 2000
Sold by
Shanley Jerome and Shanley Beverly
Bought by
Shanley Charles and Shanley Sharon

Purchase Details

Closed on
Aug 27, 2000
Sold by
Shanley Charles and Shanley Sharon
Bought by
Shanley Charles and Shanley Sharon
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
Trautman Mary Ellen $34,000 None Available
Shanley Charles $8,000 --
Shanley Charles -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2017 10/23/17 Sold $34,000 -14.8% $34 / Sq Ft
10/09/2017 10/09/17 Pending -- -- --
09/26/2017 09/26/17 Price Changed $39,900 0.0% $40 / Sq Ft
09/26/2017 09/26/17 For Sale $39,900 -10.3% $40 / Sq Ft
09/22/2017 09/22/17 Pending -- -- --
08/14/2017 08/14/17 For Sale $44,500 -- $45 / 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 $2,474 $68,300 $0 $0
2024 $426 $64,900 $0 $0
2023 $406 $46,600 $0 $0
2022 $2,329 $40,900 $0 $0
2021 $2,240 $36,900 $0 $0
2020 $2,465 $42,300 $0 $0
2019 $873 $43,000 $0 $0
2018 $2,892 $43,600 $0 $0
2017 $1,891 $30,600 $0 $0
2016 $263 $33,500 $0 $0
2015 -- $30,800 $0 $0
2014 -- $30,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217072532

Realcomp

APN: 261-300-001-624-00