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78 South Elm Street

78 South Elm Street, Lapeer, MI 48446
Property in Lapeer
Sold Apr 12, 2018
$62,000
$46,500 by Lakestone Bank & Trust
Mortgage
Sold Apr 12, 2018
$62,000
$46,500 by Lakestone Bank & Trust
Mortgage Due May 01, 2047
78 South Elm Street in Lapeer, MI was first built in 1940 and is 84 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 78 South Elm Street has 708 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 700 ft and the linear feet between the front and back of the lot is 1,170. In total, the area measurement of the land is 17,642 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 528 sqft. Walk inside and you'll find flooring throughout the home. As for heating, the home is utilizing a forced air unit. 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, 78 South Elm Street sold most recently in Apr 10, 2018 for a total of $62,000. If you work out the math, that's approximately a cost of $87.57 per sqft. Before that, the property was also sold for $62,000 in Apr 10, 2018. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $675 in taxes each year. 78 South Elm Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $51,300. 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: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Ranch/Rambler
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 708
  • Garage Type: Garage
  • Garage Square Area: 528
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,642
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 700
  • Total Building Area: 708
  • Building Area: 708
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 708
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CITY OF LAPEER TURRILL ADD
  • Land Acres: 0.405
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CITY OF LAPEER TURRILL ADDITION ELM ST LOT 13 & E 20 FT OF LOT 15 (L=40P=331 SEC 5, T7N-R9E)

Ownership

  • Current Owner : WICKSTROM RAYMOND R
  • Current Owner 2: WICKSTROM SHARON Q
  • Previous Owner : WRIGHT SHAWN R
  • Previous Owner 2: WRIGHT DEBRA L
  • Owner Before Previous Owner: WRIGHT SHAWN R
  • Owner Before Previous Owner 2: WRIGHT DEBRA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lapeer Community Schools
  • School Tax School District: LAPEER
  • Census Tract: 337500

Zoning

  • Zoning: R1 1 FM

Geography

  • District: L
  • Parcel: L21-40-900-040-00
  • Lot: 13,15
  • Meridian: SEC 05 TWN 07N RNG 09E
  • Municipality: LAPEER CITY
  • Latitude: 43.0463
  • Longitude: -83.3059

    Address

  • Full Address: 78 S Elm St
  • Address - House Number: 78
  • Street Direction: S
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MI
  • City Name: Lapeer
  • Carrier Code: C013
  • 4-Digit Zip Code: 2522
  • Zip Code: 48446

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $675

    Appraisal Valuation

  • Standard Deviation: 0.2427
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 65
  • Final Value: 126,032
  • High Value: 156,626
  • Low Value: 95,439

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $46,500
  • First Open Lien Mortgage Lender: LAKESTONE BANK & TRUST
  • First Open Lien Mortgage Recording Date: Apr 12, 2018
  • First Open Lien Mortgage Loan Amount: $46,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $102,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 10, 2018
  • Current Sale Recording Date: Apr 12, 2018
  • Current Sale Transaction ID: 11794585085
  • Current Sale Price: $62,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 295500159
  • Previous Sale Recording Date: Apr 12, 2018
  • Previous Sale Contract Date: Apr 10, 2018
  • Previous Sale Amount: $62,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAKESTONE BANK & TRUST
  • First Mortgage Transaction Date: Apr 12, 2018
  • First Mortgage Loan Amount: $46,500
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: LAKESTONE BANK & TRUST
  • Previous Mortgage Transaction Date: Apr 12, 2018
  • Previous Mortgage Loan Amount: $46,500
  • Previous Mortgage Term: 348
  • Previous Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Previous Mortgage Loan Due Date: May 01, 2047

About Lapeer



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 78 South Elm Street located in?
The 78 South Elm Street is a located in the neighborhood of Lapeer in Lapeer, Lapeer.
What is the average sales price for listings in 78 South Elm Street?
The average sales price for units in 78 South Elm Street is $0 currently.

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