1988 S Elba Road
Lapeer, MI 48446
Single Family Residence · MLS # 20261075839 · Listing courtesy of Coldwell Banker Professionals
About this home
Beautiful piece of land with a 2 car garage on paved road. Manufactured home on property is not livable. Septic and well are existing. Also electrical is on property. Sellers have never lived on property. Splits available per township assessor.
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 $130,000, or $108 per square foot, 29% below the city median, and has been on the market 7 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 $2,334 a year. A buyer who lives here would pay about $1,338 to $1,461 a year once the taxable value resets after the sale, at the 2025 homestead rate of 22.26 mills for Elba 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
Similar homes in Lapeer
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