NOT LISTED FOR SALE

Estimated Value: $147,000 - $166,000

4 Beds
2 Baths
1,388 Sq Ft
$114/Sq Ft Est. Value

Last Sold December 29, 2014

Last sale price $61,001 $44 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $1,053/month

Highlights

  • Cape Cod Architecture
  • Main Floor Primary Bedroom
  • Living Room
  • Deck
  • Covered Patio or Porch
  • Forced Air Heating System

About This Home

As of December 2014

HUD Home. Sold 'AS IS' by elec bid only. Avail 11/11/14. Bids due daily by 11:59 PM Central Time til sold. FHA Case #263-476883. Insured 203K elig. Keys in LO $2/ea or $12/8-key set. For info visit www.HUDHomestore.com. For additional forms, updates, step-by-step video & free photo list, please visit www.BLBResources.com. BLB Resources makes no warranty as to condition of prop. Buyer verify all info. Disclosures: Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please refer to www.FloodSmart.gov for additional information regarding flood zones and insurance. IN - FHA 203B financing availability is subject to buyer's appraisal. See Lead Based Paint Disclosure. ***Public Remarks: This 4 bedroom 2 bath home is a former Ingham County nd Bank Home that has been extensively renovated top to bottom. The home features a spacious kitchen with beautiful cabinets and plenty of counter space. The living room boasts hardwood floors and plenty of light. The 2 bedrooms on the main floor are large, have ample closet space, and hardwood floors. Upstairs you will find two more large bedrooms and a full bath. The full basement could be finished off for added living space. The 2 car garage and privacy fenced yard add to the features of the home. Don't miss out on this great opportunity, call today! **See Attachments!**

Last Agent to Sell the Property

Christopher Barton

Century 21 Affiliated Listed on: 05/20/2014

Last Buyer's Agent

Angela Averill

Century 21 Affiliated License #6501312624

Century 21 Affiliated

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 45 x 120

Parking

  • 2 Car Garage

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,388 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Southmorel Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 13
  • Levels: One and One Half
  • Parking Features Garage Spaces: 2.0
  • Year Built: 1962
  • Lot Size Acres: 0.12
  • Lot Size: 45 x 120
  • Subdivision Name: Southmorel
  • Above Grade Finished Sq Ft: 1388.0
  • Architectural Style: Cape Cod
  • Living Area: 1388.0
  • General Property Info:Lot Size Dimensions: 45 x 120
  • General Property Info:Above Grade Finished Area: 1388.0
  • General Property Info:Total Livable Area: 1388.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Sewer:Public Sewer: Yes
  • Architectural Style:Cape Cod: Yes
  • Levels:One and One Half: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • General Property Info:Building Area Total SqFt: 1388.0
  • Special Features: VirtualTour

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 4
  • Room: 6
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Other Level: Second
  • Full Bathrooms: 2
  • Appliances:Gas Water Heater: Yes
  • Full Basement: Yes
  • Appliances:None3: Yes

Exterior Features

  • Patio And Porch Features: Covered, Deck
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1926.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2014
Closed on
Dec 26, 2014
Sold by
Castro Julian
Bought by
Lerma Christopher
Seller's Agent
Christopher Barton
Century 21 Affiliated
Buyer's Agent
Angela Averill
Century 21 Affiliated
List Price
$84,000
Sold Price
$61,001
Premium/Discount to List
-$22,999
-27.38%
Current Estimated Value
$157,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,838
Avg. Annual Appreciation
8.55%
Original Mortgage
$5,583
Outstanding Balance
$4,355
Interest Rate
3.95%
Mortgage Type
Unknown
Estimated Equity
$142,971

Purchase Details

Closed on
Apr 2, 2014
Sold by
Michigan State Housing Development Autho
Bought by
Secretary Of Hud

Purchase Details

Closed on
Oct 24, 2013
Sold by
Hatfield Cory James and Hatfield Angela Beth
Bought by
Michigan State Housing Development Autho

Purchase Details

Closed on
Apr 20, 2010
Sold by
Ingham County Bank Fast Track Authority
Bought by
Hatfield Cory James and Hatfield Angela Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,271
Interest Rate
5.05%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 9, 2009
Sold by
County Of Ingham
Bought by
Ingham County Land Bank Fast Track Autho

Purchase Details

Closed on
Jul 8, 2009
Sold by
Schertzing Eric
Bought by
County Of Ingham

Purchase Details

Closed on
Jul 17, 2008
Sold by
Hicks Michael R
Bought by
Citimortgage Inc

Purchase Details

Closed on
Mar 9, 2006
Sold by
Schopper Chad M and Schopper Heather L
Bought by
Wells Fargo Bank Na and National City Mortgage Loan Trust 2005-1

Purchase Details

Closed on
Dec 1, 2004
Sold by
Ward Jacqueline and Ward Leroy
Bought by
Schopper Chad M and Schopper Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lerma Christopher -- Diversified Natl Title Agenc
Secretary Of Hud -- None Available
Michigan State Housing Development Autho $91,151 None Available
Hatfield Cory James $89,900 Capital Fund Title Svcs Llc
Ingham County Land Bank Fast Track Autho $8,525 None Available
County Of Ingham $8,525 None Available
Citimortgage Inc $66,925 None Available
Wells Fargo Bank Na $85,564 None Available
Schopper Chad M $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lerma Christopher $59,895
Previous Owner Hatfield Cory James $88,271
Previous Owner Schopper Chad M $104,000
Closed Schopper Chad M $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2014 12/29/14 Sold $61,001 -27.4% $44 / Sq Ft
11/12/2014 11/12/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $84,000 -- $61 / Sq Ft
Source: Greater Lansing Association of Realtors®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,597 $60,700 $5,500 $55,200
2024 $20 $50,100 $5,500 $44,600
2023 $2,435 $45,000 $5,500 $39,500
2022 $2,197 $39,400 $6,000 $33,400
2021 $2,151 $36,200 $3,600 $32,600
2020 $2,138 $35,900 $3,600 $32,300
2019 $2,049 $34,800 $3,600 $31,200
2018 $1,921 $34,300 $3,600 $30,700
2017 $1,839 $34,300 $3,600 $30,700
2016 $4,595 $32,100 $3,600 $28,500
2015 $4,595 $31,400 $7,134 $24,266
2014 $4,595 $32,900 $5,404 $27,496
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 58417

Greater Lansing Association of Realtors®

APN: 01-01-33-205-001