5434 DAVISON Road
Lapeer, MI 48446
Single Family Residence · MLS # 20261064867 · Listing courtesy of Legacy Realty Professionals
About this home
Looking for an affordable home without the maintenance and expense of a larger property? This charming 528-square-foot home offers an opportunity to own rather than rent while keeping things simple and manageable. This cozy home is situated on a spacious 1-acre lot, offering plenty of potential and privacy. The layout includes one bedroom, one bathroom, a one-car garage and more. New metal roofs on both the house and the garage in 2023. Whether you're looking for a manageable space to make your own or an investment opportunity, this property has room to grow. Conveniently located 5 minutes from I-69 Elba Road exit. Enjoy the freedom to create your own vision!
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 $117,500, or $223 per square foot, 46% above the city median, and has been on the market 50 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 $1,259 a year. A buyer who lives here would pay about $716 to $1,321 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
IDX information provided courtesy of Realcomp II Ltd. via The MJA Company at National Realty Centers, © 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data updated Nov 14, 2026, 2:24 PM.