NOT LISTED FOR SALE

1014 Sparrow Ave Lansing, MI 48910

Moores Park Neighborhood

Estimated Value: $131,756 - $149,000

-- Bed
-- Bath
1,232 Sq Ft
$114/Sq Ft Est. Value

Last Sold February 13, 2018

Last sale price $68,000 $55 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $780/month

74 Days on Market

About This Home

As of February 2018

Single family home converted to 2 unit rental. Separate entrances; mechanicals and water heaters. Water & sewer paid by owner. Many upgrades-newer windows up and down. New carpet, paint, stove, refrig, kitchen cabinets-upstairs plus tub, toilet and sink. Roof is newer. Could be converted to single family. Great for students; live in owner or a rental

Last Listed By

Michael Kollin

Vision Real Estate License #6501176629 Listed on: 11/07/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 5,009 Sq Ft Lot
  • Lot Dimensions are 40 x 125

Home Design

  • 1,232 Sq Ft Home
  • Frame Construction
  • Shingle Roof
  • Aluminum Siding

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

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

Listing and Financial Details

  • Total Actual Rent $850

Community Details

Overview

  • 2 Units
  • Park Height Subdivision

Building Details

  • New Taxes Expense $2,793

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Gross Rent: 850.0
  • Misc Business Info Construction Type: frame
  • Misc Business Info Parking Surface: blacktop
  • Misc Business Info Roof Type: shingle
  • Tax Year: 17
  • Misc Business Info Overall Building Siz: 1232
  • Year Built: 1928
  • Lot Size Acres: 0.12
  • Lot Size: 40 X 125
  • Subdivision Name: Park Height
  • Above Grade Finished Sq Ft: 1232.0
  • General Property Info:Lot Size Dimensions: 40 X 125
  • General Property Info:Above Grade Finished Area: 1232.0
  • Exterior:Aluminum Siding: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Tax Info:Taxes2: 2793.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Res
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Tax Expense2: 2793.0
  • Basement:Shared2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Shared
  • Heating: Forced Air, Natural Gas
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Aluminum Siding

Garage/Parking

  • Parking Features: Asphalt, No Garage
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes
  • Parking Features:No Garage: Yes
  • Misc Business Info:_pound_ Parking: 4
  • General Property Info:Parking Total: 4

Utilities

  • Sewer: Public Sewer
  • 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: 5009.4
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2017
Closed on
Feb 13, 2018
Sold by
Russell Cindy L and Russell Cynthia L
Bought by
King Steven
Seller's Agent
Michael Kollin
Vision Real Estate
Buyer's Agent
Maricela Villalvazo
Coldwell Banker Professionals-Delta
List Price
$72,000
Sold Price
$68,000
Premium/Discount to List
-$4,000
-5.56%
Total Days on Market
74
Current Estimated Value
$140,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,189
Avg. Annual Appreciation
10.92%
Original Mortgage
$64,600
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2013
Sold by
Russell Byron L and Russell Cynthia Lynn
Bought by
Russell Cynthia L and Revocable Living Trust Of Cynthia L Russ

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
King Steven $68,000 Transnation Title Agency
Russell Cynthia L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Steven $73,500
Closed King Steven $64,600
Previous Owner Russell Byron L $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2018 02/13/18 Sold $68,000 -5.6% $55 / Sq Ft
01/16/2018 01/16/18 Pending -- -- --
11/03/2017 11/03/17 For Sale $72,000 -- $58 / 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
2024 $35 $60,400 $7,800 $52,600
2023 $3,623 $54,500 $7,800 $46,700
2022 $3,296 $51,300 $8,000 $43,300
2021 $3,224 $47,600 $7,000 $40,600
2020 $3,201 $45,000 $7,000 $38,000
2019 $3,029 $42,500 $7,000 $35,500
2018 $2,585 $41,600 $7,000 $34,600
2017 $2,804 $41,600 $7,000 $34,600
2016 $2,758 $37,600 $7,000 $30,600
2015 $2,758 $36,100 $14,085 $22,015
2014 $2,758 $34,800 $16,942 $17,858
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Michael Kollin

    Vision Real Estate

    (517) 449-0642

    1 in this area

    54 Total Sales

    Michael Kollin
    Section Image
  • Maricela Villalvazo

    Buyer's Agent in 2018

    Maricela Villalvazo

    Coldwell Banker Professionals-Delta

    (517) 321-1000

    1 in this area

    6 Total Sales

    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 221506

Greater Lansing Association of Realtors®

APN: 01-01-20-432-041

Michigan Ingham County Lansing 48910 Moores Park

1014 Sparrow Ave, Lansing, MI

Homes for Sale in Lansing, MI

This home is located at 1014 Sparrow Ave, Lansing, MI 48910 since 07 November 2017 and is currently estimated at $140,189, approximately $113 per square foot. This property was built in 1928. 1014 Sparrow Ave is a home located in Ingham County with nearby schools including Averill New Tech Elementary School, Pattengill Academy, and J.W. Sexton High School.

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