For sale

Price cut: $20.5K (6/25)

$179,000

7224 Park Ave, Lexington, MI 48450

2beds

943sqft

$1,230/mo

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Single Family Residence

Built in ----

4,791 Square Feet Lot

$174,500 Zestimate^®

$190/sqft

$-- HOA

What's special

Peaceful setting

Charming 2 bed, 1 bath home just outside of Lexington! This is a great location for a vacation rental, weekend getaway, or year-round home. Enjoy beautiful views of Lake Huron and relax in a peaceful setting just a short distance from the Village of Lexington, where you’ll find unique shops, restaurants, and the marina. Come unwind, enjoy the lake life, and see all this great location has to offer!

58 days

1,027

50

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2

Bedroom 1

Level: Main
Area: 120
Dimensions: 15 x 8

Bedroom 2

Level: Main
Area: 90
Dimensions: 10 x 9

Bathroom 1

Level: Main

Dining room

Area: 45
Dimensions: 9 x 5

Kitchen

Area: 90
Dimensions: 15 x 6

Living room

Area: 144
Dimensions: 16 x 9

Heating

Wall Furnace, Natural Gas, Electric

Cooling

Ceiling Fan(s)

Appliances

Included: Range/Oven, Refrigerator

Features

Basement: Crawl Space
Has fireplace: No

Interior area

Total structure area: 943
Total interior livable area: 943 sqft
Finished area above ground: 943
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Detached
Garage spaces: 1

Features

Levels: One
Stories: 1
Patio & porch: Deck, Patio
Frontage type: Road
Frontage length: 50

Lot

Size: 4,791 Square Feet
Dimensions: 50 x 100
Features: Dead End

Details

Parcel number: 15120000300500
Zoning description: Residential
Special conditions: Private

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Aluminum Siding

Utilities & green energy

Sewer: Septic Tank
Water: Public

Community & HOA

Community

Subdivision: Norman Park

HOA

Has HOA: No

Location

Region: Lexington

Financial & listing details

Price per square foot: $190/sqft
Tax assessed value: $60,600
Annual tax amount: $582
Date on market: 5/26/2026
Cumulative days on market: 59 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Estimated market value

$174,500

$166,000 - $183,000

$1,178/mo

Price history

Date	Event	Price
6/25/2026	Price change	$179,000-10.3%$190/sqft
Source: MiRealSource #50208856 Report a problem
5/26/2026	Listed for sale	$199,500+486.8%$212/sqft
Source: MiRealSource #50208856 Report a problem
10/31/2008	Sold	$34,000$36/sqft
Source: MiRealSource #256176 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$582 +11.6%	$30,300 +6.7%
2024	$522 +5%	$28,400 +26.2%
2023	$497 +3.3%	$22,500 +10.3%
2022	$481 +1.4%	$20,400 +5.7%
2021	$474	$19,300 +23.7%
2020	--	$15,600 +5.4%
2019	--	$14,800 +13%
2018	--	$13,100
2017	--	$13,100 +13.9%
2016	--	$11,500 +4.5%
2015	--	$11,000 -34.1%
2014	--	$16,700 +3.1%
2013	--	$16,200 +5.2%
2012	--	$15,400 -6.7%
2011	--	$16,500

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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