830 N Madison Street

About this home

Welcome to this beautiful home just steps outside of downtown Lapeer! This charming 2-bedroom, 1-bath ranch offers convenient one level living in a great location close to everything downtown has to offer. Enjoy the open floor plan and high ceilings inside that provide a warm and inviting living space. Outside you will find a generous sized outdoor space with a deck off the back of the home and fenced in backyard, perfect for relaxing or entertaining. Several major updates have already been taken care of, including a furnace 2019, hot water tank, vinyl flooring, and roof. Whether you’re looking for your first home, downsizing, or adding to your investment portfolio, this property is full of potential and ready for its next owner. Don’t miss this opportunity to enjoy all that the home and downtown Lapeer has to offer!

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 $150,000, or $142 per square foot, 7% below the city median, and has been on the market 2 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 $1,746 a year. A buyer who lives here would pay about $1,794 to $2,224 a year once the taxable value resets after the sale, at the 2025 homestead rate of 29.36 mills for Lapeer City 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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