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503 Lathrop St; Algonac, MI Property Details

503 Lathrop St, Algonac, MI is a Single Family that was built in 1997. This property is currently a cash purchase and is not for sale. Our records show that 503 Lathrop St has 3 bedrooms, and 2 bathrooms, and a total of 3,910 square feet. The lot size of 503 Lathrop St is 11,326 square feet.

Off market
503 Lathrop St Algonac, MI 48001
$620,000 Listing Price
3 Beds
2 Baths
3,910 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1997
  • Purchase Price: $620,000
  • Open Loans / Balance: 2 / $511,956
  • Est. Equity / %: $1,050,044 / 67.22%
  • Gross Yield: 7.268%
  • APN: 74-01-152-0011-000
  • Situs County: St Clair
  • Length Of Ownership: 9 years, 4 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2

Structure

  • Stories: 1
  • Building Quality: B

Measurements

  • Total: 3,910/SqFt
  • Lot: 11,326/SqFt
  • Garage: 1,736/SqFt
  • Living: 3,910/SqFt
  • Building: 3,910/SqFt
  • Ground: 1,952/SqFt
  • Price Per Square Foot: $158.57

Legal Description

  • Description: LOTS 11 & 14 MARINERS POINTE ACCORDING TO THE PLAT RECORDED IN LIBER 87 OF PLATS PGS 3-4 ST CLAIR COUNTY REGISTER OF DEEDS
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Algonac Community School District
  • Lat / Lon: 42.608208 / -82.54256
  • Subdivision: Mariners Pointe
  • Property Class: Residential
  • Zoning: R-1
  • County Use Code: 401

Amenities

  • Plus Four: 1694
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 3

Ownership Info

503 Lathrop St has no associated ownership info
503 Lathrop St has no associated ownership info.

Taxes

503 Lathrop St has 8 associated Taxes items

503 Lathrop St, Algonac, MI pays taxes in St Clair County, MI. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $482,800. The APN we've located for 503 Lathrop St is 74-01-152-0011-000.

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Taxes
  • Assessed Value:  $482,800
  • Assessed Year:  2025
  • Assessed County:  St Clair
  • APN:  74-01-152-0011-000
  • Tax Amount:  8142
  • Tax Year:  2025
  • Market Value:  965600
  • Market Year:  2024

Tax History

503 Lathrop St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $482,800 Land Value Improvement Value Tax Amount $8,142 Change Rate -0.411153% Assessed CR Tax Rate +0.016864%
Year 2024 Assessed Value $489,100 Land Value Improvement Value Tax Amount $13,827.02 Change Rate +0.070118% Assessed CR Tax Rate +0.02827%
Year 2023 Assessed Value $421,600 Land Value Improvement Value Tax Amount $12,921.02 Change Rate +0.044298% Assessed CR Tax Rate +0.030648%
Year 2022 Assessed Value $373,600 Land Value Improvement Value Tax Amount $12,372.93 Change Rate +0.047338% Assessed CR Tax Rate +0.033118%
Year 2021 Assessed Value Land Value Improvement Value Tax Amount $11,813.69 Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $341,200 Land Value $100,000 Improvement Value $241,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $348,100 Land Value Improvement Value Tax Amount $11,646.92 Change Rate +0.029572% Assessed CR Tax Rate +0.033459%
Year 2018 Assessed Value $285,400 Land Value Improvement Value Tax Amount $11,312.39 Change Rate +0.21645% Assessed CR Tax Rate +0.039637%
Year 2017 Assessed Value $258,700 Land Value Improvement Value Tax Amount $9,299.51 Change Rate +0.005105% Assessed CR Tax Rate +0.035947%
Year 2016 Assessed Value $258,700 Land Value Improvement Value Tax Amount $9,252.28 Change Rate Assessed CR Tax Rate +0.035765%
Year 2015 Assessed Value $254,300 Land Value $100,000 Improvement Value $154,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $237,100 Land Value $100,000 Improvement Value $137,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $239,500 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate