Lots 24 and 25 Bates Drive

About this home

First time offered! Exceptional opportunity to build your dream home on nearly 1 acre comprised of two 100' x 200' parcels, both with road frontage. Property includes a 40' x 48' pole barn featuring a concrete floor, 50-amp electrical service, heated office space, and 9'H x 11'W sliding doors. Buyer to install their own electric meter. Well and septic needed. Conveniently located just minutes north of Lapeer, offering a fantastic rural setting with easy access to town amenities.

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 $129,000, and has been on the market 14 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 $317 a year. A buyer who lives here would pay about $322 to $1,370 a year once the taxable value resets after the sale, at the 2025 homestead rate of 21.03 mills for Mayfield 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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