NOT LISTED FOR SALE

7532 Southwood Rd Lexington, MI 48450

Estimated Value: $170,000 - $211,000

2 Beds
1 Bath
725 Sq Ft
$261/Sq Ft Est. Value

Last Sold August 05, 2015

Last sale price $50,000 $69 Per Sq Ft

Est. 279% increase in value since last sale

Current estimated payment $1,214/month

15 Days on Market

Highlights

  • Access To Lake
  • Clubhouse
  • 1-Story Property

About This Home

As of August 2015

Excellent location 3 houses from lake, Nice cottage, priced to sell, annual association fee $100/year, all appliances currently in home, water assessment to be assumed by buyer....Sewers to come in 2016

Last Agent to Sell the Property

John Yatros

The Real Estate Organization License #MISPE-6501089821 Listed on: 06/29/2015

Last Buyer's Agent

John Yatros

The Real Estate Organization License #MISPE-6501089821 Listed on: 06/29/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,118

Lot Details

  • 6,098

HOA Fees

  • $8 Monthly HOA Fees

Interior Spaces

  • 725 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Mounted To A Wall or Window
  • Septic Tank

Additional Features

  • Access To Lake
  • Lot Dimensions are 60x100

Community Details

  • Clubhouse

Listing and Financial Details

  • Assessor Parcel Number 26131000054200

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,118

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Structure Style: 1 Story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bedroom 1: On Main Floor, Dimensions: 10 x 10
  • Bedroom 2: On Main Floor, Dimensions: 10 x 8
  • Bathrooms Description: Basement Full Bath
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Kitchen: On Main Floor, Dimensions: 10 x 8
  • Laundry: On Main Floor, Dimensions: 8 x 10
  • Living Room: On Main Floor, Dimensions: 23 x 10
  • Above Grade Finished Sq Ft: 725
  • Total Finished Sq Ft: 725

Exterior Features

  • Foundation: Crawl
  • Water Features: Lake/River Access

Utilities

  • Heating: Wall Heat
  • Sewer: Septic
  • Water: Public Water

Condo/Co-op/Association

  • HOA Fees: 100
  • HOA Fee Frequency: Yearly
  • Community Features: Club House
  • Association Fee: Yes

Lot Info

  • Assessments: 1800
  • Assessments: Yes
  • Assessor Parcel Number: 26131000054200
  • Zoning: Residential
  • Lot Dimensions: 60x100
  • Geo Subdivision: MI

MLS Schools

  • School District: Croswell Lexington Comm SD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2015
Closed on
Jul 31, 2015
Sold by
Molitz Deborah
Bought by
Schleis George M and Schleis Cynthia M
Seller's Agent
John Yatros
The Real Estate Organization
Buyer's Agent
John Yatros
The Real Estate Organization
List Price
$56,900
Sold Price
$50,000
Premium/Discount to List
-$6,900
-12.13%
Current Estimated Value
$189,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,336
Avg. Annual Appreciation
14.54%
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
Schleis George M $50,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2015 08/05/15 Sold $50,000 -12.1% $69 / Sq Ft
07/14/2015 07/14/15 Pending -- -- --
06/29/2015 06/29/15 For Sale $56,900 -- $78 / 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 $2,118 $65,800 $0 $0
2024 $343 $61,900 $0 $0
2023 $326 $48,500 $0 $0
2022 $1,993 $37,800 $0 $0
2021 $1,924 $33,200 $0 $0
2020 $1,916 $37,300 $0 $0
2019 $582 $36,200 $0 $0
2018 $2,204 $30,400 $0 $0
2017 $1,914 $31,800 $0 $0
2016 $276 $27,200 $0 $0
2015 -- $36,700 $0 $0
2014 -- $33,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31250629

Michigan Multiple Listing Service

APN: 261-310-000-542-00