18039 S SUMMER LANE, Fraser, MI 48026
Est. $1,954/mo with current taxes · · See the breakdown
About this home
Welcome to 18039 Summer Lane South! Turn-key and beautifully updated with many modern features, this classic brick ranch-style single-family home offers a newly renovated and freshly painted living space with a bright, open-concept layout, flooded with natural light from living room through dining room to family room, as well as a modern kitchen with new stainless appliances and smart-refrigerator. 1,404 sq/ft above grade (and 205 sq/ft below), three bedrooms, one and a half baths, including a newly remodeled full bath with accessible and easy to clean walk-in shower. Finished half basement includes complete battery back-up power system connected to rooftop solar panels. Live without worry about power outages ever again! With a double-width driveway for easy parking and access, this home is built for effortless everyday living and entertaining. Step outside to a generous, private patio and backyard with endless potential for summer barbecues, gardening, or outdoor activities as well as a finished two-car garage with a built-in attic for storage. Incredible Fraser location with easy access to local dining, and shopping, Groesbeck Hwy, Gratiot Blvd, I-94 and I-696. Priced below appraised value, with some room for negotiation. Move right in and make it yours!
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 46.57 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 | $250,000 |
| Beds | 3 |
| Baths | 1 full, 1 half |
| Square feet | 1,609 |
| Type | Single family residence |
| Subdivision | VENETIAN VILLAGE |
| County | Macomb |
| MLS # | 58050225069 |
| Listed | 2026-10-15 |
| Days on market | 0 |
| Year built | 1958 |
| Possession | At closing |
| Stories | 1 story |
| Basement | Concrete, Interior entry, Partial, Partially finished |
| Heating | Forced air, Humidity control, Natural gas |
| Foundation | Basement, Crawl space, Slab |
| Garage spaces | 2.0 |
| Water / Sewer | City water & sewer |
| Parcel number | 031405456047 |
| Listing office | Arterra Realty Michigan LLC |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $57,955 | about $125,000 |
| Yearly property tax | $2,739 | about $5,821 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $3,082 a year more than this seller pays. The assessor's state equalized value (SEV) is $112,400. 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 Fraser's 2025 homestead rate of 46.57 mills and assumes you claim the homestead exemption. See Fraser's full tax breakdown or run the uncapping calculator.
Location
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and MiRealSource, ©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 2026-11-03T10:57+00:00; refreshed at least twice daily.