NOT LISTED FOR SALE

1114 S Washington Ave Unit 7 Lansing, MI 48910

Reo Town Neighborhood

Estimated Value: $145,000 - $191,000

2 Beds
2 Baths
919 Sq Ft
$150/mo HOA Fee

Last Sold November 24, 2015

Last sale price $93,000 $101 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,240/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 November 2015

Condo 7-Open Floor Plan 919 sf, 2 bedroom, 12.9 x 19.5 living room, spacious bedrooms with walk in closets, 2 baths, 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 ne hborhood with a trendy twist. Call for a showing. Additional condos available. See MLS 71075, 71071, 71076, 71078, 71079, 71080, 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

  • $2,000

Year Built

  • Built in 1925

Lot Details

  • 915

HOA Fees

  • $150 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

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

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

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

$2,000

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: 14
  • Parking Features Garage Spaces: 1.0
  • Year Built: 1925
  • Attribution Contact: 517-669-8118
  • Lot Size: 0
  • Above Grade Finished Sq Ft: 919.0
  • Architectural Style: Site Condo
  • Living Area: 919.0
  • General Property Info:Lot Size Dimensions: 0
  • General Property Info:Above Grade Finished Area: 919.0
  • General Property Info:Total Livable Area: 919.0
  • Baths:_pound_Full Baths 2: 2
  • 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: 919.0
  • Special Features: None

Interior Features

  • Basement: None
  • Heating: Forced Air, Natural Gas
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s)
  • Total Bedrooms: 2
  • Room: 4
  • Property Type: Residential
  • Full Bathrooms: 2
  • 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: 2000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2015
Closed on
Nov 24, 2015
Sold by
Wenco Properties Llc
Bought by
Brim Rachel
Seller's Agent
Dawn Brewster
RE/MAX Real Estate Professionals Dewitt
Buyer's Agent
Agent Outside
Out Side Company
List Price
$95,000
Sold Price
$93,000
Premium/Discount to List
-$2,000
-2.11%
Current Estimated Value
$160,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,321
Avg. Annual Appreciation
5.67%
Original Mortgage
$83,700
Outstanding Balance
$67,901
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$92,420
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
Brim Rachel $93,000 Transnation Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brim Rachel $83,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2015 11/24/15 Sold $93,000 -2.1% $101 / Sq Ft
10/23/2015 10/23/15 Pending -- -- --
07/17/2015 07/17/15 Price Changed $95,000 0.0% $103 / Sq Ft
07/17/2015 07/17/15 For Sale $95,000 +2.2% $103 / Sq Ft
07/09/2015 07/09/15 Off Market $93,000 -- --
05/29/2015 05/29/15 For Sale $89,500 -- $97 / 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 $2,841 $66,500 $14,000 $52,500
2024 $22 $68,300 $14,000 $54,300
2023 $2,664 $65,500 $14,000 $51,500
2022 $2,402 $60,800 $15,000 $45,800
2021 $2,352 $57,800 $7,500 $50,300
2020 $2,338 $51,600 $7,500 $44,100
2019 $2,240 $47,100 $7,500 $39,600
2018 $2,100 $43,400 $7,500 $35,900
2017 $2,010 $43,400 $7,500 $35,900
2016 $1,507 $34,600 $7,500 $27,100
2015 $1,507 $33,000 $15,000 $18,000
2014 $1,507 $31,800 $15,000 $16,800
Source: Public Records

Agents Affiliated with this Home

  • Dawn Brewster

    Seller's Agent in 2015

    Dawn Brewster

    RE/MAX Michigan

    (517) 881-4061

    46 Total Sales

    Dawn Brewster
    Section Image

  • A

    Buyer's Agent in 2015

    Agent Outside

    Out Side Company

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 71080

Greater Lansing Association of Realtors®

APN: 01-01-21-190-007

Michigan Ingham County Lansing 48910 Reo Town

1114 S Washington Ave Unit 7, Lansing, MI

This home is located at 1114 S Washington Ave Unit 7, Lansing, MI 48910 since 29 May 2015 and is currently estimated at $160,321, approximately $174 per square foot. This property was built in 1925. 1114 S Washington Ave Unit 7 is a home located in Ingham County with nearby schools including Riddle Elementary School, Pattengill Academy, and J.W. Sexton High School.

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