NOT LISTED FOR SALE

1112 Loraine Ave Lansing, MI 48910

Colonial Village Neighborhood

Estimated Value: $142,000 - $176,000

4 Beds
1.5 Baths
1,233 Sq Ft
$129/Sq Ft Est. Value

Last Sold May 18, 2017

Last sale price $54,900 $45 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $853/month

63 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Entrance Foyer
  • Covered patio or porch
  • Living Room
  • Forced Air Heating System

About This Home

As of May 2017

This is a short sale. All terms and conditions are subject to lien holder approval. Taxes are non homestead.2.5 story home with loads of space in Colonial Village area! This 4 bedroom home offers gleaming hardwood floors, crown molding and arch entry are just a few of the charming features. Second floor bath has been completely remodeled including the vanity, tile flooring, and brand new shower. Large dining area perfect for entertaining and open to living area. Kitchen has lots of cabinets, hardwood floors and all appliances stay! Newer vinyl windows . Don't miss out on this great home!!

Last Agent to Sell the Property

Kelly Hude

RE/MAX Real Estate Professionals License #6501327178 Listed on: 09/30/2016

RE/MAX Real Estate Professionals

Last Buyer's Agent

Lycos & Lott - Emily Lott

RE/MAX Real Estate Professionals License #6501327669

RE/MAX Real Estate Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1944

Lot Details

  • 4,530 Sq Ft Lot
  • Lot Dimensions are 40x111
  • South Facing Home

Parking

  • 1 Car Garage

Home Design

  • Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 1,233 Sq Ft Home
  • 2.5-Story Property
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Natural lighting in basement
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Short Sale

Home Details

Home Type

Single Family

Year Built

Built in 1944

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: Second
  • Dining Room Level: First
  • Living Room Level: First
  • Tax Year: 15
  • Levels: Two and One Half
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1944
  • Lot Size Acres: 0.1
  • Lot Size: 40x111
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1233.0
  • Living Area: 1233.0
  • General Property Info:Lot Size Dimensions: 40x111
  • General Property Info:Above Grade Finished Area: 1233.0
  • General Property Info:Total Livable Area: 1233.0
  • Baths:_pound_Full Baths 2: 1
  • Baths:_pound_Half Baths B: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Appliances Refrigerators: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Exterior:Vinyl Siding: Yes
  • Improvements:Formal Dining Room: Yes
  • Exterior:Stone: Yes
  • Exterior:Wood Siding: Yes
  • Levels:Two and One Half: Yes
  • Tax Info:Zoning3: Residential
  • General Property Info:Building Area Total SqFt: 1712.0
  • General Property Info:Front Door: South
  • Special Listing Cond:Short Sale: Yes
  • Special Features: 12

Interior Features

  • Basement: Daylight
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Entrance Foyer, High Speed Internet, Laminate Counters
  • Total Bedrooms: 4
  • Room: 7
  • Property Type: Residential
  • Bedroom 3 Level: Second
  • Other Level: Third
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Appliances:Gas Water Heater: Yes
  • Basement:Daylight: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Laminate Counters: Yes

Exterior Features

  • Roof: Shingle
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Covered, Deck, Porch
  • Home Warranty: No
  • Construction Type: Stone, Vinyl Siding, Wood Siding
  • Direction Faces: South
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater, Refrigerator, Oven, Dishwasher
  • SecurityFeatures: Smoke Detector(s)
  • 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: 4530.24
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2445.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2016
Closed on
May 18, 2017
Sold by
Treat Joshua K and Treat Joshua
Bought by
Bolt Kelly
Seller's Agent
Kelly Hude
RE/MAX Real Estate Professionals
Buyer's Agent
Lycos & Lott - Emily Lott
RE/MAX Real Estate Professionals
List Price
$72,900
Sold Price
$54,900
Premium/Discount to List
-$18,000
-24.69%
Current Estimated Value
$155,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,631
Avg. Annual Appreciation
12.38%
Original Mortgage
$53,905
Outstanding Balance
$45,674
Interest Rate
4.1%
Mortgage Type
FHA
Estimated Equity
$97,787

Purchase Details

Closed on
Mar 2, 2017
Sold by
Treat Joshua and Treat Tamara L
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Jun 29, 2004
Sold by
Oberlin Joseph W and Oberlin Angela K
Bought by
Treat Joshua K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,920
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 2002
Sold by
Smith Suzanne M
Bought by
Oberlin Joseph W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 1997
Sold by
Pohl Carol A
Bought by
Smith Suzanne M

Purchase Details

Closed on
Sep 1, 1993
Source: Public Records

Range of Values:

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Average Value
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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
Bolt Kelly $54,900 Transation Title Ag
Fannie Mae -- None Available
Treat Joshua K $119,900 Fatic
Oberlin Joseph W $95,000 Transnation
Smith Suzanne M $58,000 --
-- $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bolt Kelly $53,905
Previous Owner Treat Joshua $84,750
Previous Owner Treat Joshua K $95,920
Previous Owner Oberlin Joseph $7,842
Previous Owner Oberlin Joseph $99,345
Previous Owner Oberlin Joseph W $95,000
Closed Treat Joshua K $11,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2017 05/18/17 Sold $54,900 0.0% $45 / Sq Ft
12/02/2016 12/02/16 Pending -- -- --
11/29/2016 11/29/16 Price Changed $54,900 -8.3% $45 / Sq Ft
10/25/2016 10/25/16 Price Changed $59,900 -17.8% $49 / Sq Ft
09/30/2016 09/30/16 For Sale $72,900 -- $59 / 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 $22 $58,600 $6,900 $51,700
2023 $2,668 $53,500 $6,900 $46,600
2022 $2,406 $45,600 $6,900 $38,700
2021 $2,356 $42,500 $6,500 $36,000
2020 $2,341 $39,800 $6,500 $33,300
2019 $2,244 $37,400 $6,500 $30,900
2018 $2,103 $35,000 $6,500 $28,500
2017 $1,912 $35,000 $6,500 $28,500
2016 $2,411 $34,400 $6,500 $27,900
2015 $2,411 $33,400 $12,949 $20,451
2014 $2,411 $32,200 $14,519 $17,681
Source: Public Records

Agents Affiliated with this Home

  • Kelly Hude

    Seller's Agent in 2017

    Kelly Hude

    RE/MAX Michigan

    (517) 525-0335

    2 in this area

    137 Total Sales

    Section Image

  • L

    Buyer's Agent in 2017

    Lycos & Lott - Emily Lott

    RE/MAX Michigan

    4 in this area

    85 Total Sales

    Section Image

  • E

    Buyer's Agent in 2017

    Emily Lott

    Coldwell Banker Professionals-Delta

See All Agents

Map

Source: Greater Lansing Association of Realtors®

MLS Number: 210168

Greater Lansing Association of Realtors®

APN: 01-01-29-254-122

Michigan Ingham County Lansing 48910 Colonial Village

1112 Loraine Ave, Lansing, MI

This home is located at 1112 Loraine Ave, Lansing, MI 48910 since 30 September 2016 and is currently estimated at $158,559, approximately $128 per square foot. This property was built in 1944. 1112 Loraine Ave is a home located in Ingham County with nearby schools including Averill New Tech Elementary School, Attwood School, and J.W. Sexton High School.

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