For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Lenawee 49230
23 Lapointe Court
$197,500
● House - Off Market

23 Lapointe Court

Addison, MI 49220
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,173 Ft²
$1,256
Est. Monthly
4.19%
Cap Rate

About This Property

A quaint 2 bedroom, 1 bath home with frontage on Mercury Lake, and channel front for easy access to South Lake. 2 car detached garage, Has a wood dock with a covered deck. Has a new well head,. Furnace is energy efficient and has a fireplace and a laundry room. This Property is at auction and our MLS people are, as of this date not capable enough to allow Auctioneers to put AT Auction in the price, so we are forced to put in $1.00
Unit Size
1,173 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$168
Property Type
House
Property Taxes
$286
HOA Dues
-
Year Built
1957

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #24025477)

Price History

Date / Event Date Event Price
Jul 9, 2024 Sold
Premium
Sold
Jun 21, 2024 Price Increased $197,500
↑ $198K (19,749,900%)
Price Increased
Jun 21, 2024 In contract -
In contract
May 21, 2024 Listed by Michael Auction & Realty Service LLC $1
Listed by Michael Auction & Realty Service LLC

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 552
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,725
  • Total Building Area: 1,173
  • Building Area: 1,173
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 1,173
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PAMAWA SUB
  • Land Acres: 0000000361
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 23 PAMAWA SUB DIV

Neighborhood

  • School District Name: Onsted Community Schools
  • School Tax School District: SCH: 46110
  • Census Tract: 060401

Geography

  • District: WD0
  • Parcel: WD0-635-0230-00
  • Lot: 23
  • Municipality: WOODSTOCK TWP
  • Latitude: 42.035
  • Longitude: -84.2803

    Address

  • Full Address: 23 La Pointe Ct
  • Address - House Number: 23
  • Address - Street Name: La Pointe
  • Address - Suffix Type: Ct
  • State: MI
  • City Name: Addison
  • Carrier Code: R021
  • 4-Digit Zip Code: 9785
  • Zip Code: 49220

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $324,952

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 78
  • Final Value: 325,110
  • High Value: 380,631
  • Low Value: 269,589

    Market Valuation

  • Market Total Value: $224,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $112,400

    Sales

  • Current Sale Contract Date: Jan 09, 1995
  • Current Sale Recording Date: Jan 09, 1995
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lenawee

Stats & Trends

Median Asking:

$260,000

Sale Price/ft²

$160

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1989 ft²

Average Home Age

67.8 years

Currently For Sale

86 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Sid Michael, Michael Auction & Realty Service LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24025477
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 23 Lapointe Court built and last sold?
The property at 23 Lapointe Court was built in 1957 and last sold on Jan 9, 1995 for $0.
How much is this home worth?
The estimated value of the home located at 23 Lapointe Court is $0.
What are some comparable homes to 23 Lapointe Court?
There are currently no comparable homes to 23 Lapointe Court.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Woodstock Homes for Sale
Woodstock Houses for Sale
Woodstock Land for Sale
Woodstock Commercial for Sale
Woodstock Homes with Basements
Woodstock Homes with Pools
Woodstock Homes with Parking
Woodstock Homes with Garages
Nearby Cities
Brooklyn Homes for Sale
Manitou Beach-Devils Lake Homes for Sale
Vineyard Lake Homes for Sale
Onsted Homes for Sale
Addison Homes for Sale
Cement City Homes for Sale
Nearby Property Records
Jackson County, MI Property Records
Hillsdale County, MI Property Records
Lenawee County, MI Property Records
Washtenaw County, MI Property Records
Fulton County, OH Property Records
Williams County, OH Property Records
Branch County, MI Property Records
Calhoun County, MI Property Records
Nearby Counties
Columbia Homes for Sale
Somerset Homes for Sale
Cambridge Homes for Sale
Liberty Homes for Sale
Norvell Homes for Sale
Rollin Homes for Sale
Rome Homes for Sale
Wheatland Homes for Sale
Top Real Estate Agents
Top Agents in Woodstock
Top Agents in 49230
Top Agents in Columbia
Top Agents in Somerset
Top Agents in Cambridge
Top Agents in 49265
Top Agents in 49233
Top Agents in Liberty