NOT LISTED FOR SALE

7501 Cedar Rd Lexington, MI 48450

Estimated Value: $312,000 - $424,000

2 Beds
1 Bath
1,656 Sq Ft
$217/Sq Ft Est. Value

Last Sold September 13, 2022

Last sale price $325,000 $196 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,183/month

45 Days on Market

Highlights

  • Beach Access
  • Deck
  • Wood Flooring
  • Chalet
  • Cathedral Ceiling
  • Main Floor Bedroom

About This Home

As of September 2022

STUNNING LAKEVIEW HOME-This custom home is packed with extras. Built in 2012, over 1600 sq feet of comfortable living. Expansive windows and 16 foot ceiling make the Great Room glow in the sunshine. Amish Oak floors, quartz countertops, hickory cabinets. Designed for energy efficiency with extra insulation, Jeldwen & Pella windows, hi-efficiency furnace, tankless hot water heater, gas fireplace & Echobe thermostat....you will be comfortable year-round. Landscaped yard is very private. 14'x 11' brick paver patio , 18' x 12' composite deck, and 14'x 8' shed. Enjoy the blue water of Lake Huron, soothing sounds of the waves, toes in the sand and watching the sun coming up and freighters glide along the horizon. Take a look today!!

Last Agent to Sell the Property

Virginia McNabb

Town & Country Realty-Lexington License #MISPE-6506039284 Listed on: 07/09/2022

Last Buyer's Agent

Laura Garofalo

KW Platinum License #MISPE-6501421195

KW Platinum

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2012

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40x100

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Chalet
  • Vinyl Siding

Interior Spaces

  • 1,656 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Access To Lake
  • Deck
  • Patio
  • Shed

Schools

  • Meyer Elementary School
  • Cl Middle School
  • Cl High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Internet Available

Community Details

  • Treasurer HOA
  • Great Lakes Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 26130000133600

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,399

Year Built

Built in 2012

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Chalet
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 2399
  • Total Tax Year: 2021
  • Year Built: 2012
  • Mail City: Lexington
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail., Cathedral/Vaulted Ceiling, Ceramic Floors, Hardwood Floors
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 13 x 13
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On 2nd Floor, Dimensions: 16 x 14
  • Bedroom 2 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 9 x 5, On Level: First, Flooring: Ceramic
  • Room Types: First Floor Bedroom, First Floor Laundry
  • Dining Room: On 1st Floor, Dimensions: 13 x 8
  • Dining Room Floor Covering: Wood
  • Kitchen: On 1st Floor, Dimensions: 16 x 9
  • Kitchen Floor Covering: Wood
  • Laundry: On 1st Floor, Dimensions: 8 x 4
  • Laundry Room Floor Covering: Ceramic
  • Living Room: On 1st Floor, Dimensions: 24 x 14
  • Living Room Floor Covering: Wood
  • Sitting Room: On 2nd Floor, Dimensions: 24 x 8
  • Sitting Room Floor Covering: Carpet
  • Above Grade Finished Sq Ft: 1656
  • Total Finished Sq Ft: 1656

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Patio
  • Foundation: Crawl
  • Frontage: 40
  • Lake Name: Lake Huron
  • Water Features: Lake/River Access, Beach Access
  • Out Buildings: Shed
  • Frontage Type: Road

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Tankless Hot Water
  • Cooling: Central A/C

Condo/Co-op/Association

  • HOA Fees: 125
  • HOA Fee Frequency: Yearly
  • Association Contact: treasurer
  • Association Phone: email only
  • Association Fee: Yes

Schools

  • Elementary School: Meyer
  • Middle School: CL
  • High School: CL

Lot Info

  • Assessments: 13125
  • Assessments: Yes
  • Assessor Parcel Number: 26130000133600
  • Lot Dimensions: 40x100
  • Acreage: 0.09
  • Geo Subdivision: MI

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Summer Tax: Year: 2021, Amount: $746.00
  • Winter Tax: Year: 2021, Amount: $1,653.00
  • Taxable Value: 75888
  • Total Tax: Year: 2021, Amount: $2,399.00
  • SEV Year: 2022

MLS Schools

  • Elementary School: Meyer
  • Middle School: CL
  • School District: Croswell Lexington Comm SD
  • HighSchool: CL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2022
Closed on
Sep 13, 2022
Sold by
Sutton Jerome K and Sutton Beth A
Bought by
Krupp Dan
Seller's Agent
Virginia McNabb
Town & Country Realty-Lexington
Buyer's Agent
Laura Garofalo
KW Platinum
List Price
$329,900
Sold Price
$325,000
Premium/Discount to List
-$4,900
-1.49%
Current Estimated Value
$359,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,328
Avg. Annual Appreciation
2.65%
Original Mortgage
$332,475
Outstanding Balance
$320,478
Interest Rate
6.11%
Mortgage Type
Construction
Estimated Equity
$30,698

Purchase Details

Closed on
Jun 3, 2019
Sold by
Sutton Jerome K and Sutton Beth A
Bought by
Sutton Jerome K and Sutton Beth A

Purchase Details

Closed on
Aug 11, 1995
Sold by
Sleda Douglas and Sleda Beverley
Bought by
Sutton Jerome and Sutton Beth

Purchase Details

Closed on
Aug 25, 1993
Source: Public Records

Range of Values:

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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
Krupp Dan $325,000 Cislo Title Co
Sutton Jerome K -- --
Sutton Jerome $30,000 --
-- $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krupp Dan $332,475
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2022 09/13/22 Sold $325,000 +4.9% $196 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
08/02/2022 08/02/22 Price Changed $309,900 -6.1% $187 / Sq Ft
07/09/2022 07/09/22 For Sale $329,900 -- $199 / 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 $2,585 $151,600 $0 $0
2024 $1,089 $142,000 $0 $0
2023 $1,037 $102,200 $0 $0
2022 $1,837 $85,600 $0 $0
2021 $2,398 $74,000 $0 $0
2020 $2,380 $82,200 $0 $0
2019 $1,443 $76,500 $0 $0
2018 $2,321 $75,200 $0 $0
2017 $3,237 $69,200 $0 $0
2016 $684 $75,700 $0 $0
2015 -- $69,100 $0 $0
2014 -- $66,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50082044

Michigan Multiple Listing Service

APN: 261-300-001-336-00