$79,000
SOLD JAN 23, 2025
2 Beds
1 Bath
977 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$81 Per Sq Ft

7% Below List Price

23 Days on Market

Highlights

  • Boat Slip
  • Stainless Steel Appliances
  • Porch
  • Ranch Style House
  • Balcony
  • 4-minute walk to Walsh Park

About This Home

As of January 2025

Welcome home to 1022 Lathrop St! There is more space here than meets the eye! This cozy, remodeled home has 2 bedrooms, 1 bathroom, a rec room downstairs with a walk out to the backyard. This would be a great starter home or investment opportunity! This home has a new roof, new flooring, new appliances, and a completely remodeled bathroom! Near Downtown Lansing, Potter Park Zoo, highways, and only 10 minutes from East Lansing. If this home suits your needs, please schedule a showing today and see it for yourself!

Last Agent to Sell the Property

Besim Shabani

EXIT Realty Home Partners License #6501444288 Listed on: 11/27/2024

EXIT Realty Home Partners

Co-Listed By

Gary Naeyaert

EXIT Realty Home Partners License #6506049395

Last Buyer's Agent

Tara Fatteh

1 World Realty, LLC License #6502341528

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,191

Year Built

  • Built in 1923

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 41 x 128
  • East Facing Home
  • Sloped Lot
  • Few Trees
  • Back Yard Fenced and Front Yard

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Gas Oven
  • Stainless Steel Appliances

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Boat Slip
  • Balcony
  • Outdoor Storage
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,191

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Living Room Level: First
  • Current Use: Primary, Investment
  • Tax Year: 2023
  • Levels: One
  • Year Built: 1923
  • Lot Size Acres: 0.12
  • Lot Size: 41 x 128
  • Co List Office Mls Id: 1119
  • Co List Office Phone: 517-604-6920
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 737.0
  • Architectural Style: Ranch
  • Living Area: 977.0
  • General Property Info:Lot Size Dimensions: 41 x 128
  • General Property Info:Above Grade Finished Area: 737.0
  • General Property Info:Total Livable Area: 977.0
  • Baths:_pound_Full Baths 1: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: First
  • Location Legal Info:Real Estate Owned: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Rooms:Family Room2: Yes
  • Laundry Features:In Basement: Yes
  • Flooring:Carpet: Yes
  • Flooring:Laminate: Yes
  • Foundation Details:Block4: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Roof:Shingle: Yes
  • Levels:One: Yes
  • Fencing:Back Yard: Yes
  • Cooling:Central Air: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Ranch: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 1474.0
  • General Property Info:Front Door: East
  • Special Features: None

Interior Features

  • Basement: Full, Partially Finished
  • Heating: Forced Air, Natural Gas
  • Flooring: Carpet, Laminate
  • Total Bedrooms: 2
  • Room: 5
  • Property Type: Residential
  • Family Room Level: Basement
  • Window Features: Aluminum Frames
  • Full Bathrooms: 1
  • Below Grade Sq Ft: 240.0
  • Full Basement: Yes
  • Basement:Partially Finished: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Appliances:Gas Oven: Yes

Exterior Features

  • Roof: Shingle
  • Disclosures: Lead Based Paint, Sellers Disclosures
  • ExteriorFeatures: Balcony, Storage
  • Fencing: Back Yard
  • Foundation Details: Block
  • Lot Features: Back Yard, Few Trees, Front Yard, Sloped
  • RoadFrontageType: City Street
  • RoadSurfaceType: Asphalt
  • Patio And Porch Features: Porch
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Direction Faces: East
  • Lot Features:Back Yard2: Yes
  • Lot Features:Front Yard2: Yes
  • Exterior Features:Storage3: Yes
  • Patio Porch Features:Porch: Yes
  • Lot Features:Few Trees: Yes
  • Window Features:Aluminum Frames: Yes
  • Lot Features:Sloped: Yes
  • Exterior Features:Balcony2: Yes

Garage/Parking

  • Parking Features: Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Oven, Stainless Steel Appliance(s), Washer, Refrigerator, Dryer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • LaundryFeatures: In Basement
  • Utilities: Cable Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Zoning Description: Zoning

Tax Info

  • Tax Carrier Route: 2420
  • Tax Annual Amount: 1191.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2024
Closed on
Jan 23, 2025
Sold by
Padavala Madhava Rao
Bought by
Padavala Madhava Rao and Akurathi Sailaja
Seller's Agent
Besim Shabani
EXIT Realty Home Partners
Buyer's Agent
Tara Fatteh
1 World Realty, LLC
List Price
$85,000
Sold Price
$79,000
Premium/Discount to List
-$6,000
-7.06%
Views
71
Current Estimated Value
$79,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209
Avg. Annual Appreciation
1.48%
Original Mortgage
$56,250
Outstanding Balance
$55,843
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$23,972

Purchase Details

Closed on
Sep 9, 2024
Sold by
Vanamber Michael and Vanamber Gwendolyn P
Bought by
Warber Ross

Purchase Details

Closed on
Aug 22, 2024
Sold by
Lewis Kelly R and Lewis Patricia E
Bought by
Vanamber Michael and Vanamber Gwendolyn P

Purchase Details

Closed on
May 11, 2010
Sold by
Lewis Kelly R and Lewis Patricia E
Bought by
Lewis Kelly R and Lewis Patricia E

Purchase Details

Closed on
May 14, 1998
Sold by
Merriman Barbara
Bought by
Lewis Kelly R and Lewis Patricia E
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $79,000 Greater Lansing Title
Warranty Deed $18,800 None Listed On Document
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $21,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $56,250 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2025 01/23/25 Sold $79,000 -7.1% $81 / Sq Ft
11/27/2024 11/27/24 For Sale $85,000 -- $87 / 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 $1,267 $35,700 $2,500 $33,200
2024 $9 $30,100 $2,500 $27,600
2023 $1,191 $25,900 $2,500 $23,400
2022 $1,079 $22,900 $2,300 $20,600
2021 $1,057 $20,200 $2,500 $17,700
2020 $1,050 $19,600 $2,500 $17,100
2019 $1,003 $19,100 $2,500 $16,600
2018 $944 $17,600 $2,500 $15,100
2017 $902 $17,600 $2,500 $15,100
2016 $863 $17,300 $2,500 $14,800
2015 $863 $17,000 $4,976 $12,024
2014 $863 $17,100 $3,732 $13,368
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 285152

Greater Lansing Association of Realtors®

APN: 01-01-22-208-201