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Active · MLS #20261085481
$199,900 3 bd2 ba1,560 sqft

1364 2nd ST , Lapeer, MI 48446

Est. $1,567/mo with current taxes · · See the breakdown

TypeSingle family residence
Built1967
Lot0.16 acres
Garage2 spaces
Price/sqft$128
On market12 days

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

$1,567per month
Principal & interest$1,137
Property tax, current$147
Homeowners insurance$200
Mortgage insurance (PMI)$82

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. 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
Beds3
Baths2 full
Square feet1,560
TypeSingle family residence
SubdivisionCITY OF LAPEER R KAMARO SUB
CountyLapeer
MLS #20261085481
Listed2026-10-22
Days on market12
Year built1967
PossessionNegotiable
Stories1 story
BasementPartially finished
HeatingForced air, Natural gas
FoundationBasement, Block
Garage spaces2.0
Water / SewerCity water & sewer
Parcel numberL212981204000
Listing officeColdwell Banker Professionals

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$61,176about $99,950
Yearly property tax$1,767about $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.

$199,900Est. $1,567/mo
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