8 months on rocket

7435 Lakewood Rd, Lexington, MI, 48450

$161,000

Home List Price

$1,912*

Closing Credit

2 Bedrooms
1 Full Bath
997 SqFt
$161/SqFt
House

Location

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7435 Lakewood Rd, Lexington$161,000

Buyer Closing Credits

$1,912*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
HeatingNatural Gas, Wall Furnace
WaterfrontWater Access, Beach
MLS #50135726
Lot Size0.20 Acres
StatusActive

About 7435 Lakewood Rd

JUST 6 HOUSES FROM LAKE HURON-Great location with this adorable 3 season cottage. 2 Bedrooms, vaulted ceilings throughout the cottage.3/4 bath, eat-in kitchen and a sunroom that doubles the living space. Some furnishings may be available. Store your toys in the oversized 2 car garage. Lakefront park at the end of the street, access to other beaches in subdivision. City water & sewer (Buyer to assume balance of sewer assessment) Fiber Optic internet available in the area.

Property Details

Property Features

Property Information:

  • Stories: 1
  • Living Area: 997 SqFt

Listing Office:

  • Office Name: Town & Country Realty-Lexington
  • Office Phone: (810) 359-5000
  • Listing Agent: Virginia McNabb

Interior Features

Interior Information:

  • Appliances: Range, Oven, Refrigerator
  • Basement: No
  • Interior: Cathedral/Vaulted Ceiling

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Water Access, Beach

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Wall Furnace

School Info

School District Information:

  • School District: Croswell Lexington Comm SD

Other

Directions Information:

  • Directions: 4 miles south of the light in Lexington on Lakeshore (M-25) East on Lakewood 2 blocks

Price Information

Listing Price Info

Price Summary:

  • List Price: $161,000
  • Price Per SqFt: $161/SqFt

HOA Fees:

  • Amount: $275
  • Frequency: Annually

Tax Information:

  • Annual Amount: $2,044
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lexington, MI.

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Lexington, MI

City

Med. Sold Price

$237.7K

Med. Price/SqFt

$130

Avg. Days On Market

67

# of Sold Homes

10

7435 Lakewood Rd vs Lexington

242 DAYS ON ROCKET

+175 Days

$161,000

-$76.7K Less

$161/SqFt

+$30 More

KEY TAKEAWAY

This property is $76.7K less than the Median Sold Price and $30/SqFt more than other homes in Lexington, MI.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: MiRealSource
  • MLS Number: #50135726

Listing Office:

  • Office Name: Town & Country Realty-Lexington
  • Office Phone: (810) 359-5000
  • Listing Agent: Virginia McNabb

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/10/2024, 3:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,044$36,900
2020 - $42,300
2019 - $41,500
2018 - $33,600
2017 - $34,900

History based on county public records data.

Payment Calculator

$893

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$549

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-819868
9
/10

  • Meyer Elementary School

  • 7201 Lake St

  • 3.70 miles

  • Public District Grades PK-4

school-card-donut-819869
8
/10

  • Frostick School

  • 57 S Howard Ave

  • 6.14 miles

  • Public District Grades PK-4

school-card-donut-819870
5
/10

  • Keewahdin Elementary School

  • 4801 Lakeshore Rd

  • 11.91 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,636. The majority of Lexington, MI residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7435 Lakewood Rd

What is the listing price of this property?

The listing price of 7435 Lakewood Rd property is $161,000.

What type of property is this?

The property 7435 Lakewood Rd is a house located in Lexington, Michigan, 48450.

Is this property for sale now?

Active Listing: 7435 Lakewood Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,044 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7435 Lakewood Rd has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 7435 Lakewood Rd is 997 SqFt (source: MLS/tax record).

Rocket Homes›Michigan›Sanilac County›Lexington›48450›7435 Lakewood Rd

This home is located at 7435 Lakewood Rd in Lexington, MI and zip code 48450. This 997 square foot home sits on a 0.20 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $161,000.

While more than 0 listings in Lexington, MI in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 9 were sold below. While the average time on the market in October 2024 was 67 days, the median list price was $237,700.

From Rocket Homes Real Estate and based on county public records data.

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