1962 Gray Road

About this home

Nice ranch home with a beautiful one acre setting. Features mature tree on this rolling acre and many lilac bushes. Home features 3 nice size bedrooms with hardwood floors. Large living room with a picture window and hardwood floors. Third bedroom could be used as a formal dining room. Nice kitchen with oak cabinetry and appliances included. Full walkout basement ready to finish, plumbed for full bath. Garage is 24x40 with a large work shop, could be nice game room/craft room.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Lapeer

Over the last 90 days, 94 homes sold in Lapeer for a median of $272,000, about $153 per square foot, and the typical one went under contract in 15 days. This home is listed at $209,000, or $218 per square foot, 42% above the city median, and has been on the market 12 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Lapeer sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $1,105 a year. A buyer who lives here would pay about $1,053 to $2,209 a year once the taxable value resets after the sale, at the 2025 homestead rate of 20.93 mills for Oregon Twp and Lapeer schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.

Location

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