NOT LISTED FOR SALE

7507 Cedar Rd Lexington, MI 48450

Estimated Value: $209,000 - $248,000

3 Beds
1 Bath
1,100 Sq Ft
$208/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $135,000 $123 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,469/month

40 Days on Market

Highlights

  • Porch
  • Bungalow
  • Ceiling Fan
  • 1 Car Attached Garage

About This Home

As of July 2017

Just two houses from the lake and you can wake up to magnificent sunrises over majestic Lake Huron! This Craftsman cottage was designed to make memories, the recent renovations assures that you start making new memories the minute you take possession! Hardwood floors, quaint country decor, and lots of natural light have enhanced the retro charm. The second story is cozy, yet bright, with room for guests. Don't miss this very cost-effective chance to be this close to the lake without the lakefront price!

Last Agent to Sell the Property

Larry Palleschi

Premier Properties Inc License #MISPE-6506041487 Listed on: 06/08/2017

Premier Properties Inc

Last Buyer's Agent

John Yatros

The Real Estate Organization License #MISPE-6501089821

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,215

Year Built

  • Built in 1950

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40 x 100

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Porch
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 261-300-001-334-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,215

Year Built

Built in 1950

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 1/2 Story
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Above Grade Finished Sq Ft: 1100
  • Total Finished Sq Ft: 1100

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Porch
  • Foundation: Crawl
  • Frontage: 40
  • Lake Name: Lake Huron

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Sewer: Septic
  • Water: Public Water
  • Cooling: Ceiling Fan(s)

Condo/Co-op/Association

  • HOA Fees: 125
  • HOA Fee Frequency: Yearly
  • Association Fee: Yes

Lot Info

  • Assessments: 125
  • Assessments: Yes
  • Assessor Parcel Number: 261-300-001-334-00
  • Lot Dimensions: 40 x 100
  • Acreage: 0.09

Tax Info

  • Summer Tax: Year: 2016, Amount: $350.00

MLS Schools

  • School District: Croswell Lexington Comm SD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2017
Sold by
Kimberly J Appel
Bought by
Lillibridge Boni
Current Estimated Value
$230,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$41,997
Interest Rate
3.85%
Estimated Equity
$180,958

Purchase Details

Listed on
Jun 8, 2017
Closed on
Jul 21, 2017
Sold by
Appel Kimberly J
Bought by
Lillibridge Boni T
Seller's Agent
Larry Palleschi
Premier Properties Inc
Buyer's Agent
John Yatros
The Real Estate Organization
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%

Purchase Details

Listed on
Sep 20, 2014
Closed on
Jul 29, 2015
Sold by
Moran Lynne
Bought by
Appel Kimberly J
Seller's Agent
Kathleen Kremer
Berkshire Hathaway HomeServices Kee Realty J Wine
Buyer's Agent
Maria Webb
Maria Webb Realty, LLC
List Price
$124,900
Sold Price
$115,000
Premium/Discount to List
-$9,900
-7.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%

Purchase Details

Closed on
Aug 26, 2005
Sold by
Durkee Bonnie and Jehn Sallie
Bought by
Moran Lynne

Purchase Details

Closed on
Sep 13, 2004
Sold by
Seelbinder Edna
Bought by
Durkee Bonnie and Jehn Sallie
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lillibridge Boni $135,000 --
Lillibridge Boni T $135,000 None Available
Lillibridge Boni T $135,000 --
Appel Kimberly J $115,000 --
Moran Lynne $89,900 --
Durkee Bonnie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lillibridge Boni $50,000
Closed Lillibridge Boni --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2017 07/21/17 Sold $135,000 0.0% $123 / Sq Ft
07/18/2017 07/18/17 Pending -- -- --
06/08/2017 06/08/17 For Sale $135,000 +17.4% $123 / Sq Ft
07/29/2015 07/29/15 Sold $115,000 -7.9% $105 / Sq Ft
05/19/2015 05/19/15 Pending -- -- --
09/20/2014 09/20/14 For Sale $124,900 -- $114 / 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 $2,215 $67,900 $0 $0
2024 $364 $63,900 $0 $0
2023 $347 $45,900 $0 $0
2022 $2,094 $35,900 $0 $0
2021 $2,019 $31,500 $0 $0
2020 $2,157 $35,400 $0 $0
2019 $696 $34,300 $0 $0
2018 $2,576 $36,100 $0 $0
2017 $1,511 $31,500 $0 $0
2016 $350 $34,500 $0 $0
2015 -- $31,600 $0 $0
2014 -- $30,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Larry Palleschi

    Seller's Agent in 2017

    Larry Palleschi

    Premier Properties Inc

    (810) 404-1584

    106 Total Sales

    Section Image

  • J

    Buyer's Agent in 2017

    John Yatros

    The Real Estate Organization

    Section Image

  • K

    Seller's Agent in 2015

    Kathleen Kremer

    Berkshire Hathaway HomeServices Kee Realty J Wine

  • Maria Webb

    Buyer's Agent in 2015

    Maria Webb

    Maria Webb Realty, LLC

    (810) 824-6821

    11 Total Sales

    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31322275

Michigan Multiple Listing Service

APN: 261-300-001-334-00

Michigan Sanilac County Lexington 48450

7507 Cedar Rd, Lexington, MI

This home is located at 7507 Cedar Rd, Lexington, MI 48450 since 08 June 2017 and is currently estimated at $229,030, approximately $208 per square foot. This property was built in 1950. 7507 Cedar Rd is a home located in Sanilac County.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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