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Sold for $60,000
  • $60,000

    321 S Elm St, Lapeer, MI 48446

    2beds
    842sqft
    Single Family Residence
    Built in 1945
    0.33 Acres Lot
    $153,300 Zestimate®
    $71/sqft
    $1,436 Estimated rent

    Home value

    $153,300

    $132,000 - $173,000

    $1,436/mo

    Zestimate® history
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    What's special

    ACCEPTING BACK UP OFFERS ONLY AT THIS TIME...... PLEASE NOTE:------ALL BUYERS ARE REQUIRED to pay a 3% commission fee to the Seller for the Buyers portion of real estate agent services they receive but Seller is expected to pay for. However Seller is willing to offset the buyers 3% commission by paying 3% of buyers costs for all offers of $69,900 or higher. Great opportunity on this foreclosure. It ain't in the best of condition but it would not take much to get in a condition to live in or rent it out and earn $$. Would make a great rental home due to the long term cash flow that you can generate on a low price rental home like this. You could even fix and flip too or even remodel and live in as your primary home. Get out of those Trailer Parks which are just a poverty trap--they lock you into a lifetime of increasing lot rent. Build real wealth with this home because you own the land too! Home is sold AS-IS with no repairs made by Seller. Cash offers only at this time. Last sold in 2021 for $95,000. It appears someone attempted some remodeling and stopped midway. Repair issues of note...a second layer of thin OSB was added to subfloor and is loose in several spots. The drywall job was obviously done by an amateur too. You can make this home yours at an incredible value. Electric and water are on and operational. Wall furnace appears to be a mini split that would offer heating and A/C but Seller has no knowledge about this heating and cooling unit. Rest of the home's condition is unknown by Seller. With every other house out there priced $150 or higher what a great chance this is. Don't wait Call NOW!

    Zillow last checked:

    Listing updated:

    Listed by:

    Alex Lengemann 810-969-5732,

    Realty Volution.com

    Bought with:

    Alex Lengemann, 6501292023

    Realty Volution.com

    Source: Realcomp II,MLS#: 20230100093MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Natural Gas, Wall Furnace
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total interior livable area: 842 sqft
    • Finished area above ground: 842

    Property

    Parking
    • Parking features: No Garage
    Features
    • Levels: One
    • Stories: 1
    • Entry location: GroundLevel
    • Pool features: None
    Lot
    • Size: 0.33 Acres
    • Dimensions: 60.00 x 120.00
    Details
    • Parcel number: L214270104000
    • Special conditions: Agent Owned,Short Sale No

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Crawl Space
    Condition
    • New construction: No
    • Year built: 1945

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Lapeer
    • Subdivision: CITY OF LAPEER TURRILL ADD

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash

    Price history

    DateEventPrice
    10/13/2025Listing removed$1,250$1/sqft
    Source: Zillow Rentals Report a problem
    10/5/2025Listed for rent$1,250$1/sqft
    Source: Zillow Rentals Report a problem
    11/1/2024Listing removed$1,250-3.8%$1/sqft
    Source: Zillow Rentals Report a problem
    10/16/2024Listed for rent$1,300$2/sqft
    Source: Zillow Rentals Report a problem
    12/13/2023Sold$60,000-14.2%$71/sqft
    Source: Realcomp II #20230100093 Report a problem
    12/11/2023Pending sale$69,900$83/sqft
    Source: Realcomp II #20230100093 Report a problem
    12/4/2023Contingent$69,900$83/sqft
    Source: Realcomp II #20230100093 Report a problem
    12/1/2023Listed for sale$69,900+55.3%$83/sqft
    Source: Realcomp II #20230100093 Report a problem
    10/12/2023Sold$45,000-55%$53/sqft
    Source: Public Record Report a problem
    7/11/2023Listing removed--
    Source: Realcomp II #20230027928 Report a problem
    5/22/2023Pending sale$100,000$119/sqft
    Source: Realcomp II #20230027928 Report a problem
    4/15/2023Listed for sale$100,000+5.3%$119/sqft
    Source: Realcomp II #20230027928 Report a problem
    8/17/2021Sold$95,000-20.8%$113/sqft
    Source: Public Record Report a problem
    7/24/2021Pending sale$119,900$142/sqft
    Source: Exit Realty #2210015057 Report a problem
    6/14/2021Price change$119,900-6.7%$142/sqft
    Source: Exit Realty #2210015057 Report a problem
    6/7/2021Listed for sale$128,500+2.9%$153/sqft
    Source: Exit Realty #2210015057 Report a problem
    4/27/2021Listing removed--
    Source: Exit Realty Report a problem
    3/10/2021Pending sale$124,900$148/sqft
    Source: EXIT REALTY GROUP #2210015057 Report a problem
    3/10/2021Listed for sale$124,900$148/sqft
    Source: EXIT REALTY GROUP #2210015057 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,372 +71.1%$59,500 +9.2%
    2024$1,386 +5.5%$54,500 +11.5%
    2023$1,313 +18.4%$48,900 +8.2%
    2022$1,109 +1.2%$45,200 +24.9%
    2021$1,096 $36,200 +3.1%
    2020-- $35,100 +21.9%
    2018$1,047 +0.7%$28,800 +3.2%
    2017$1,039 $27,900 +10.7%
    2016-- $25,200
    2015-- --
    2014-- $21,800 -0.5%
    2013-- $21,900 -2.2%
    2012-- $22,400 -6.3%
    2011-- $23,900 -8.8%
    2010-- $26,200 -24.3%
    2009-- $34,600 -13.3%
    2008-- $39,900 -1.5%
    2007-- $40,500 +3.8%
    2006-- $39,000 +8.3%
    2005-- $36,000 +2.9%
    2004-- $35,000 +4.5%
    2003-- $33,500 +4.7%
    2002-- $32,000 +3.2%
    2001-- $31,000

    Find assessor info on the county website

    Neighborhood: 48446

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $153,300
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $153,300