NOT LISTED FOR SALE

1007 Porter St Lansing, MI 48906

Northtown Neighborhood

Estimated Value: $82,000 - $106,000

3 Beds
1 Bath
1,232 Sq Ft
$75/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $20,239 $16 Per Sq Ft

Est. 349% increase in value since last sale

Current estimated payment $566/month

16 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of October 2023

This 3 bed 1 bath house features lots of space. Home was involved in a fire, and is currently on the city demo list. As you can see from the photos the damage is mostly smoke. Please contact the city of Lansing building department for a list of items they want complete to remove from demo list. This property is 100% salvageable and is a great deal. All offers will be submitted via e-Offer using Sparkoffer. POF or Pre-Approval should be attached when placing an offer. The selected buyer will pay the greater of 1% or $750 (minimum) technology fee to SparkOffer at closing. Seller requests cash offers to have 10% EMD with maximum of $15,000.

Last Agent to Sell the Property

Thomas Stephens

Vylla Home License #6501434351 Listed on: 08/30/2023

Co-Listed By

Anthony Stephens

Vylla Home License #6501434355

Last Buyer's Agent

Henry Dearing

Smith Street License #6501448245

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1912

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 32.00 x 132.00

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,232 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • S H Persons Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33010110326291

Home Details

Home Type

Single Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Traditional
  • Architecture Level: 2 Story
  • Assessment: 6500.00
  • Year Built: 1912
  • State Equalized Value: 31400.0000
  • Entry Location: Ground Level w/Steps
  • AgentOnly_ListPriceByAcre: 149000.0000
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1232

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 32.00 x 132.00
  • Parcel Number: 33010110326291

Tax Info

  • Tax Amount Summer: 2211.0000
  • Tax Amount Winter: 6199.0000
  • Total Tax: 8410.0000
  • Taxable Value: 25068.0000

MLS Schools

  • School District: Lansing

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Sep 25, 2023
Sold by
Stanwich Mtg Loan Tr
Bought by
Kyland Property Management Llc
Seller's Agent
Thomas Stephens
Vylla Home
Buyer's Agent
Henry Dearing
Smith Street
List Price
$14,900
Sold Price
$20,239
Premium/Discount to List
$5,339
35.83%
Views
146
Current Estimated Value
$90,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,604
Avg. Annual Appreciation
97.42%

Purchase Details

Closed on
May 18, 2010
Sold by
Deehan Jeff
Bought by
Ferm Brian S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,775
Interest Rate
5.05%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 25, 2010
Sold by
Elizon Credit I Usa Inc
Bought by
50 By 50 Reo Ii Llc

Purchase Details

Closed on
Jun 4, 2009
Sold by
Blackwell Bryn
Bought by
Ellington Credit Fund I Usa Inc

Purchase Details

Closed on
May 27, 2005
Sold by
Mcrae Michael A and Mcrae Linda
Bought by
Blackwell Bryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,150
Interest Rate
9.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2003
Sold by
Mcginty Joseph
Bought by
Mcrae Michael A and Mcrae Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,600
Interest Rate
6%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kyland Property Management Llc $20,239 Vylla Title Llc
Ferm Brian S $54,500 Diversified National Title
50 By 50 Reo Ii Llc -- None Available
Ellington Credit Fund I Usa Inc $45,000 None Available
Blackwell Bryn $77,000 Mid
Mcrae Michael A $78,000 Midstate Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferm Brian S $53,775
Previous Owner Blackwell Bryn $73,150
Previous Owner Mcrae Michael A $7,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2023 10/20/23 Sold $20,239 +35.8% $16 / Sq Ft
09/15/2023 09/15/23 Pending -- -- --
08/30/2023 08/30/23 For Sale $14,900 -- $12 / Sq Ft
Source: Realcomp

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 $4,909 $49,000 $3,200 $45,800
2024 $42 $40,500 $3,200 $37,300
2023 $2,536 $34,500 $3,200 $31,300
2022 $8,410 $31,400 $2,300 $29,100
2021 $1,983 $28,000 $3,200 $24,800
2020 $1,969 $25,500 $3,200 $22,300
2019 $1,901 $23,900 $3,200 $20,700
2018 $1,804 $23,100 $3,200 $19,900
2017 $1,735 $23,100 $3,200 $19,900
2016 $1,279 $22,700 $3,200 $19,500
2015 $1,279 $22,200 $6,449 $15,751
2014 $1,279 $22,000 $6,449 $15,551
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Thomas Stephens

    Vylla Home

    Section Image

  • A

    Seller Co-Listing Agent in 2023

    Anthony Stephens

    Vylla Home

    Section Image

  • H

    Buyer's Agent in 2023

    Henry Dearing

    Smith Street

    (810) 962-4682

    1 in this area

    16 Total Sales

    Henry Dearing
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230073612

Realcomp

APN: 01-01-10-326-291

Michigan Ingham County Lansing 48906 Northtown

1007 Porter St, Lansing, MI

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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