NOT LISTED FOR SALE

742 N Madison St Lapeer, MI 48446

Estimated Value: $191,000 - $228,000

4 Beds
2.5 Baths
2,160 Sq Ft
$100/Sq Ft Est. Value

Last Sold September 09, 2016

Last sale price $89,000 $41 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $1,334/month

8 Days on Market

Highlights

  • Farmhouse Style Home
  • No HOA
  • Forced Air Heating System
  • Corner Lot
  • 2 Car Detached Garage

About This Home

As of September 2016

Large older home with original woodwork. Large Foyer with open stairs leads to large bedrooms and a full bathroom up. The main floor has a Bedroom and Den. Convenient location. Two car garage and Fenced Backyard.

Last Agent to Sell the Property

Jeanne McCorkle

Exit Realty Group License #6501288248 Listed on: 07/18/2016

Exit Realty Group

Last Buyer's Agent

Jeanne McCorkle

Exit Realty Group License #6501288248 Listed on: 07/18/2016

Exit Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 68x100
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Farmhouse Style Home
  • Block Foundation
  • Poured Concrete

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • City Of Lapeer Original Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number L205020004000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,783

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Farmhouse
  • Architecture Level: 2 Story
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Kitchen Appliances: Refrigerator, Range/Stove
  • Sq Ft Combined: 2160
  • Total Sq Ft: 2160
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Wood
  • Foundation Materials: Block, Poured
  • Frontage Feet: 68
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lapeer

Lot Info

  • List Price per Acre: 561875.0000
  • Lot Features: Corner Lot
  • Lot Size Area: 0.16
  • Lot Dimensions: 68x100
  • Parcel Number: L205020004000

Tax Info

  • Tax Amount Summer: 758.0000
  • Tax Amount Winter: 1025.0000
  • Total Tax: 1783.0000

MLS Schools

  • School District: Lapeer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2016
Closed on
Sep 9, 2016
Sold by
742 N Madison Llc
Bought by
Powell Annette M and Powell Robert R
Seller's Agent
Jeanne McCorkle
Exit Realty Group
Buyer's Agent
Jeanne McCorkle
Exit Realty Group
List Price
$89,900
Sold Price
$89,000
Premium/Discount to List
-$900
-1%
Current Estimated Value
$215,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,140
Avg. Annual Appreciation
10.32%
Original Mortgage
$89,000
Outstanding Balance
$71,395
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$143,745

Purchase Details

Listed on
Jan 5, 2012
Closed on
Jul 25, 2012
Sold by
Jp Morgan Chase Bank
Bought by
Chase Home Finance Ll
Seller's Agent
Raymond Megie
Realty Executives Main St-Lap
Buyer's Agent
Jeanne McCorkle
Exit Realty Group
List Price
$36,000
Sold Price
$30,900
Premium/Discount to List
-$5,100
-14.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.19%
Original Mortgage
$23,800
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2011
Sold by
Mcelligott Michael
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Feb 29, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Elligott Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 6, 2006
Sold by
Peddemors Jon R and Peddemors Teresa A
Bought by
Federal Home Loan

Purchase Details

Closed on
Oct 1, 2000
Sold by
Merritt Timothy A and Merritt Michel
Bought by
Peddemors Jon R and Peddemors Teresa A

Purchase Details

Closed on
Aug 17, 1998
Sold by
Aitken Jeffery A and Aitken Theresa A
Bought by
Merritt Timothy A and Merritt Michele S
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
Powell Annette M $89,000 --
Chase Home Finance Ll $30,900 --
Jpmorgan Chase Bank Na $40,800 --
Elligott Michael J $75,000 --
Federal Home Loan $154,900 --
Peddemors Jon R $147,800 --
Merritt Timothy A $124,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Annette M $89,000
Previous Owner 742 N Madison Llc $23,800
Previous Owner 742 North Madison Llc $23,000
Previous Owner Elligott Michael J $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2016 09/09/16 Sold $89,000 -1.0% $41 / Sq Ft
07/26/2016 07/26/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $89,900 +190.9% $42 / Sq Ft
07/25/2012 07/25/12 Sold $30,900 -14.2% $14 / Sq Ft
07/05/2012 07/05/12 Pending -- -- --
01/05/2012 01/05/12 For Sale $36,000 -- $17 / 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 $1,969 $98,700 $0 $0
2024 $1,311 $96,900 $0 $0
2023 $1,251 $84,600 $0 $0
2022 $1,782 $79,100 $0 $0
2021 $1,651 $75,900 $0 $0
2020 $1,633 $64,400 $0 $0
2019 $1,648 $59,200 $0 $0
2018 $1,609 $60,600 $60,600 $0
2017 $1,578 $54,400 $0 $0
2016 $1,117 $46,400 $46,400 $0
2015 -- $43,300 $0 $0
2014 -- $39,700 $39,700 $0
2013 -- $37,100 $37,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216071294

Realcomp

APN: L20-50-200-040-00