1364 2nd ST , Lapeer, MI 48446
Est. $1,567/mo with current taxes · · See the breakdown
About this home
Great Location & Affordable!!! Welcome to this charming 3-bedroom ranch located within walking distance of downtown Lapeer! This home features an additional large sitting/family room on the back, a fully fenced back yard, a 2 car garage, and full basement with additional full bath. 3 nice sized bedrooms on the main level, as well as a full bath. Upgrades include main bath in 2016, and NEW ROOF in 2022, newer garage door. Solid wood floors run underneath the carpet in the other 2 bedrooms. This home is ready for its next chapter, come see it before it is gone!
Monthly payment
The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then.The uncapped tax line is this home's bill after it uncaps: half the price times 29.36 mills, the 2025 homestead rate here. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.
The facts
| Price | $199,900 |
| Beds | 3 |
| Baths | 2 full |
| Square feet | 1,560 |
| Type | Single family residence |
| Subdivision | CITY OF LAPEER R KAMARO SUB |
| County | Lapeer |
| MLS # | 20261085481 |
| Listed | 2026-10-22 |
| Days on market | 12 |
| Year built | 1967 |
| Possession | Negotiable |
| Stories | 1 story |
| Basement | Partially finished |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Block |
| Garage spaces | 2.0 |
| Water / Sewer | City water & sewer |
| Parcel number | L212981204000 |
| Listing office | Coldwell Banker Professionals |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $61,176 | about $99,950 |
| Yearly property tax | $1,767 | about $2,935 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $1,168 a year more than this seller pays. The assessor's state equalized value (SEV) is $92,100. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Lapeer's 2025 homestead rate of 29.36 mills and assumes you claim the homestead exemption. See Lapeer's full tax breakdown or run the uncapping calculator.
Location
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-11-03T21:03+00:00; refreshed at least twice daily.