NOT LISTED FOR SALE

1114 S Washington Ave Unit 4 Lansing, MI 48910

Reo Town Neighborhood

Estimated Value: $132,000 - $141,000

1 Bed
1 Bath
805 Sq Ft
$156/mo HOA Fee

Last Sold January 26, 2017

Last sale price $82,000 $102 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,173/month

Highlights

  • Cathedral Ceiling
  • Covered Patio or Porch
  • Living Room
  • Great Room
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of January 2017

Condo Loft Open Floor Plan 805 sf, 17.6 x 19 living room, spacious bedroom with walk in closet, beautiful kitchen with appliances, laundry, garage. Introducing REO Town Lofts, rare restored century old brick building featuring distinct open floor plans, high exposed ceilings, brick walls with the big city feel. These unique lofts have 1 and 2 bedroom layout with chefs kitchen accompanied with stainless steel kitchen with breakfast bar, shining faux wood floors, equipped with washer and dryer, heated garage with opener. REO Town is seated at the core of Lansing's automotive history and is one of Lansing's revitalized gems, featuring dynamic businesses and entertainment in the heart of the capital city. REO Town is considered diverse, eclectic, and the up and coming neighborhood with a tre y twist. Call for a showing. Additional condos available. Financing is 20% down conventional or cash purchase, call for details.

Last Agent to Sell the Property

Dawn Brewster

RE/MAX Real Estate Professionals Dewitt License #6501335649 Listed on: 08/25/2016

RE/MAX Real Estate Professionals Dewitt

Last Buyer's Agent

Dawn Brewster

RE/MAX Real Estate Professionals Dewitt License #6501335649 Listed on: 08/25/2016

RE/MAX Real Estate Professionals Dewitt

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,527

Year Built

  • Built in 1925

Lot Details

  • 784

HOA Fees

  • $156 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 805 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Great Room
  • Living Room
  • Dining Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

Overview

  • Association fees include trash, snow removal, liability insurance, lawn care, fire insurance, exterior maintenance
  • Reotown Place Association

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,527

Year Built

Built in 1925

Lot Details

0

HOA Fees

$156 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Dining Room Level: Second
  • Living Room Level: Second
  • Tax Year: 15
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1925
  • Attribution Contact: 517-669-8118
  • Lot Size: 0
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 805.0
  • Architectural Style: Site Condo
  • Living Area: 805.0
  • General Property Info:Lot Size Dimensions: 0
  • General Property Info:Above Grade Finished Area: 805.0
  • General Property Info:Total Livable Area: 805.0
  • Baths:_pound_Full Baths 2: 1
  • Rooms:Dining Room2: Yes
  • Rooms:Living Room2: Yes
  • Primary Bedroom Level: Second
  • Laundry Features:Main Level: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Central Air: Yes
  • General Property Info:ECO Friendly Features: No
  • Improvements:Great Room: Yes
  • Exterior:Brick: Yes
  • Cooling:Exhaust Fan: Yes
  • Architectural Style:Site Condo: Yes
  • General Property Info:Building Area Total SqFt: 1505.0
  • Special Features: None

Interior Features

  • Basement: None
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s)
  • Total Bedrooms: 1
  • Room: 4
  • Property Type: Residential
  • Other Level: Second
  • Full Bathrooms: 1
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Patio And Porch Features: Covered
  • Home Warranty: No
  • Construction Type: Brick
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: Asphalt, Attached, Garage Door Opener, Heated Garage
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features:Asphalt2: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Heated Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Disposal, Microwave, Washer, Refrigerator, Range, Oven, Electric Water Heater, Dryer, Dishwasher
  • Cooling: Central Air, Exhaust Fan
  • LaundryFeatures: Main Level
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 156.0
  • Association Fee Frequency: Monthly
  • Association Name: REOTOWN PLACE
  • Association: Yes

Association/Amenities

  • Location Legal Info:Association Fee: 156.0
  • Location Legal Info:Association Name: REOTOWN PLACE
  • Location Legal Info:Association Fee Frequency: Monthly
  • Association Fee Includes:Trash: Yes

Fee Information

  • Association Fee Includes: Trash, Snow Removal, Liability Insurance, Lawn Care, Fire Insurance, Exterior Maintenance

Schools

  • Junior High Dist: Lansing

Tax Info

  • Tax Annual Amount: 1527.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2020
Sold by
Vincent Paul and Vincent Linda
Bought by
Vincent Paul and Vincent Linda
Current Estimated Value
$135,810

Purchase Details

Closed on
Jun 24, 2019
Sold by
Mastromonaco Antonio
Bought by
Vincent Paul and Vincent Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$76,812
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$58,998

Purchase Details

Listed on
Aug 25, 2016
Closed on
Jan 26, 2017
Sold by
Wenco Propeties Llc
Bought by
Mastromonaco Antonio
Seller's Agent
Dawn Brewster
RE/MAX Real Estate Professionals Dewitt
Buyer's Agent
Dawn Brewster
RE/MAX Real Estate Professionals Dewitt
List Price
$85,000
Sold Price
$82,000
Premium/Discount to List
-$3,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$65,600
Interest Rate
4.16%
Mortgage Type
New Conventional
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
Vincent Paul -- None Available
Vincent Paul $125,000 Ata National Title Group Llc
Mastromonaco Antonio $82,000 Midstate Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vincent Paul $100,000
Previous Owner Mastromonaco Antonio $65,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2017 01/26/17 Sold $82,000 -1.2% $102 / Sq Ft
12/29/2016 12/29/16 Pending -- -- --
12/06/2016 12/06/16 Price Changed $83,000 -2.4% $103 / Sq Ft
08/25/2016 08/25/16 For Sale $85,000 -- $106 / 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 $3,528 $60,600 $14,000 $46,600
2024 $28 $62,200 $14,000 $48,200
2023 $3,307 $59,700 $14,000 $45,700
2022 $2,979 $55,700 $15,000 $40,700
2021 $3,750 $53,000 $7,500 $45,500
2020 $2,900 $46,600 $7,500 $39,100
2019 $3,323 $42,700 $7,500 $35,200
2018 $3,149 $40,200 $7,500 $32,700
2017 $1,569 $40,200 $7,500 $32,700
2016 $1,507 $33,200 $7,500 $25,700
2015 $1,507 $31,700 $15,000 $16,700
2014 $1,507 $30,600 $15,000 $15,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 85355

Greater Lansing Association of Realtors®

APN: 01-01-21-190-004