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521 Peppermill Road

521 Peppermill Road, Lapeer, MI 48446
Property in Lapeer
Sold Jan 27, 2021
$220,000
$170,000 by Cason Home Loans
Mortgage Due Feb 01, 2051
Sold Jan 24, 2005
$152,700
521 Peppermill Road has been categorized by the local assessors in Lapeer, MI as a residential type of property. The building on the property was first built in 1965 and is 59 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. In addition, 521 Peppermill Road has 950 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 130,680 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 576 sqft. According to our sources, there are a total of 2 available parking spaces. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing baseboard heaters and being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 521 Peppermill Road sold most recently in Jan 22, 2021 for a total of $220,000. If you work out the math, that's approximately a cost of $231.58 per sqft. Before that, the property was also sold for $152,700 in Jan 24, 2005. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $680 in taxes each year. 521 Peppermill Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $72,500. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 2
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 130,680
  • Total Building Area: 950
  • Building Area: 950
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 950
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 4 T7N R10E THE W 218.60 FT OF S 690.76 FT OF SW 1/4OF SE 1/4. 3.47 A.

Ownership

  • Current Owner : OTTENBACHER KENNETH
  • Previous Owner : MADDEN LISA M
  • Previous Owner 2: HOUK LISA M
  • Owner Before Previous Owner: DANIELS JOHN
  • Owner Before Previous Owner 2: DANIELS DIANA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lapeer Community Schools
  • School Tax School District: LAPEER
  • Census Tract: 338000

Zoning

  • Zoning: R-1B

Geography

  • District: 012
  • Section: 4
  • Parcel: 012-004-053-00
  • Meridian: SEC 04 TWN 07N RNG 10E
  • Municipality: LAPEER TWP
  • Latitude: 43.0442
  • Longitude: -83.2941

    Address

  • Full Address: 521 Peppermill Rd
  • Address - House Number: 521
  • Address - Street Name: Peppermill
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Lapeer
  • Carrier Code: C013
  • 4-Digit Zip Code: 2613
  • Zip Code: 48446

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $680

    Appraisal Valuation

  • Standard Deviation: 0.2104
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 71
  • Final Value: 232,068
  • High Value: 280,914
  • Low Value: 183,223

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $170,000
  • First Open Lien Mortgage Lender: CASON HOME LOANS
  • First Open Lien Mortgage Recording Date: Jan 27, 2021
  • First Open Lien Mortgage Loan Amount: $170,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $145,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $72,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 22, 2021
  • Current Sale Recording Date: Jan 27, 2021
  • Current Sale Transaction ID: 11820662024
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 24, 2005
  • Previous Sale Contract Date: Jan 24, 2005
  • Previous Sale Amount: $152,700
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CASON HOME LOANS
  • First Mortgage Transaction Date: Jan 27, 2021
  • First Mortgage Loan Amount: $170,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

About Lapeer



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Frequently Asked Questions

What neighborhood is 521 Peppermill Road located in?
The 521 Peppermill Road is a located in the neighborhood of Lapeer in Lapeer, Lapeer.
What is the average sales price for listings in 521 Peppermill Road?
The average sales price for units in 521 Peppermill Road is $0 currently.

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