$80,000
SOLD JUN 10, 2016

1114 S Washington Ave Unit 5 Lansing, MI 48910

Reo Town Neighborhood
1 Bed
1 Bath
756 Sq Ft
$150/mo HOA Fee

Recently Sold

$106 Per Sq Ft

9% Below List Price

336 Days on Market

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 2025

Condo 5-Open Floor Plan 756 sf, 17.6 x 17.10 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. See MLS 71071, 71076, 71078, 71081. 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: 05/29/2015

RE/MAX Real Estate Professionals Dewitt

Last Buyer's Agent

Agent Outside

Out Side Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,312

Year Built

  • Built in 1925

HOA Fees

  • $150 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 756 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

$1,312

Year Built

Built in 1925

Lot Details

0

HOA Fees

$150 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
  • Above Grade Finished Sq Ft: 756.0
  • Architectural Style: Site Condo
  • Living Area: 756.0
  • General Property Info:Lot Size Dimensions: 0
  • General Property Info:Above Grade Finished Area: 756.0
  • General Property Info:Total Livable Area: 756.0
  • 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: 756.0
  • Special Features: None

Interior Features

  • Basement: None
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s)
  • Total Bedrooms: 1
  • Room: 3
  • 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: 150.0
  • Association Fee Frequency: Monthly
  • Association Name: REOTOWN PLACE
  • Association: Yes

Association/Amenities

  • Location Legal Info:Association Fee: 150.0
  • 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: 1312.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2024
Closed on
Jan 31, 2025
Sold by
Ghorpade Ranjeet Viswasrao
Bought by
Singleton Christopher
Seller's Agent
Lisa Cain Associates
Berkshire Hathaway HomeServices
List Price
$133,500
Sold Price
$132,000
Premium/Discount to List
-$1,500
-1.12%
Views
107
Current Estimated Value
$131,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$603
Avg. Annual Appreciation
-1.01%

Purchase Details

Listed on
Sep 28, 2020
Closed on
Jan 6, 2021
Sold by
Hartman David J
Bought by
Ghorpade Ranjeet Viswasrao
Seller's Agent
James Pyle
Century 21 Affiliated
Buyer's Agent
Keith Tate
Prime Realty Group
List Price
$115,000
Sold Price
$105,000
Premium/Discount to List
-$10,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.78%
Original Mortgage
$94,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 29, 2015
Closed on
Jun 10, 2016
Sold by
Wenco Properties Llc
Bought by
Hartman David J
Seller's Agent
Dawn Brewster
RE/MAX Real Estate Professionals Dewitt
Buyer's Agent
Agent Outside
Out Side Company
List Price
$87,500
Sold Price
$80,000
Premium/Discount to List
-$7,500
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$64,000
Interest Rate
3.57%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Warranty Deed $132,000 None Listed On Document
Warranty Deed $105,000 Liberty Title
Warranty Deed $80,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $94,500 New Conventional
Previous Owner $64,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $132,000 +11378.3% $175 / Sq Ft
01/22/2025 01/22/25 Pending -- -- --
12/02/2024 12/02/24 Off Market $1,150 -- --
11/04/2024 11/04/24 For Rent $1,150 0.0% --
11/04/2024 11/04/24 Off Market $1,150 -- --
10/08/2024 10/08/24 For Sale $133,500 0.0% $177 / Sq Ft
10/02/2024 10/02/24 For Rent $1,150 0.0% --
01/05/2021 01/05/21 Sold $105,000 -4.5% $139 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/02/2020 10/02/20 Price Changed $110,000 -4.3% $146 / Sq Ft
09/14/2020 09/14/20 For Sale $115,000 +43.8% $152 / Sq Ft
06/10/2016 06/10/16 Sold $80,000 -8.6% $106 / Sq Ft
04/29/2016 04/29/16 Pending -- -- --
07/29/2015 07/29/15 For Sale $87,500 +9.4% $116 / Sq Ft
07/09/2015 07/09/15 Off Market $80,000 -- --
05/29/2015 05/29/15 For Sale $87,500 -- $116 / 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 $41 $59,600 $14,000 $45,600
2023 $4,603 $57,200 $14,000 $43,200
2022 $4,197 $53,500 $15,000 $38,500
2021 $2,601 $50,900 $7,500 $43,400
2020 $2,585 $44,500 $7,500 $37,000
2019 $2,478 $40,800 $7,500 $33,300
2018 $2,322 $38,800 $7,500 $31,300
2017 $2,223 $38,800 $7,500 $31,300
2016 $1,305 $32,200 $7,500 $24,700
2015 $1,305 $30,600 $15,000 $15,600
2014 $1,305 $29,600 $15,000 $14,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 71078

Greater Lansing Association of Realtors®

APN: 01-01-21-190-005