ATTN: Investors, Contractors, Flippers, or anyone looking for low priced home. Only $50,000 gets you an acre of land on a paved road just outside of Lapeer and it even comes with an existing fixer upper home on it. This home needs work NO DOUBT but at this price it may not last long. Unknown condition for mechanicals, electric, plumbing and the well and septic. This is a foreclosure so seller has no knowledge of condition. Buyer to do their own due diligence. Home is SOLD AS-IS. Seller will not make any repairs. CASH OFFERS ONLY but seller may consider offering Seller financing with at least $20,000 down. Could be a good rental investment or flip. Buyer shall pay for the costs of the agent services they choose to hire-if any.
Sold for $42,500
$42,500
482 Plum Creek Rd, Lapeer, MI 48446
3beds
1,008sqft
Single Family Residence
Built in 1954
1 Acres Lot
$44,500 Zestimate®
$42/sqft
$1,396 Estimated rent
Home value
$44,500
$35,000 - $57,000
$1,396/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 07, 2025 at 04:00pm
Listed by:
Alex Lengemann 810-969-5732,
Realty Volution.com
Bought with:
Alex Lengemann, 6501292023
Realty Volution.com
Source: Realcomp II,MLS#: 20240072285
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Entry
- Dimensions: 12 x 12
Bedroom
- Level: Entry
- Dimensions: 11 x 12
Bedroom
- Level: Entry
- Dimensions: 11 x 12
Other
- Level: Entry
Heating
- Hot Water, Natural Gas
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,008 sqft
- Finished area above ground: 1,008
Property
Parking
- Parking features: No Garage
Features
- Levels: Two
- Stories: 2
- Entry location: GroundLevelwSteps
- Pool features: None
Lot
- Size: 1 Acres
- Dimensions: 165 x 264
Details
- Parcel number: 01402001400
- Special conditions: Agent Owned,Short Sale No
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Foundation: Block, Crawl Space
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Location
- Region: Lapeer
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 2/2/2026 | Sold | $42,500+1.2%$42/sqft |
Source: Public Record Report a problem | ||
| 10/19/2025 | Listing removed | $1,850$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/7/2025 | Listed for rent | $1,850$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/11/2024 | Sold | $42,000-15.8%$42/sqft |
Source:  Realcomp II #20240072285 Report a problem | ||
| 10/4/2024 | Pending sale | $49,900$50/sqft |
Source: Realcomp II #20240072285 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,169 +5.9% | $34,500 -38.8% |
| 2024 | $1,104 +5.3% | $56,400 +13.7% |
| 2023 | $1,048 +6.7% | $49,600 +10.7% |
Find assessor info on the county website
Neighborhood: 48446
Nearby schools
GreatSchools rating
- 7/10Elva Lynch Elementary SchoolGrades: PK-5Distance: 2.4 mi
- 2/10Zemmer Middle SchoolGrades: 8-9Distance: 2.3 mi
- 7/10Lapeer East Senior High SchoolGrades: 10-12Distance: 4 mi
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Estimated market value$44,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$44,500